Weeklymarketsanalysis
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market Sell: 120,000
Stop-loss: 121,085
Target 1: 119,250
Target 2: 118,600
Target 3: 117,760
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
EUR/CAD SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation of this Diamond-Pattern.
Market Sell: 1,55680
Stop-loss: 1,57600
Target 1: 1,52220
Target 2: 1,51000
Target 3: 1,48900
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GBPUSD Buy zoneStill thinking the same about GBPUSD. Price is bouncing off WEEKLY all time lows. I wont say it's a reversal, but it's sure going to need to bounce higher for a few weeks. Even if it breaks the low, it should't go too far. With all this global drama going on, it would have fallen by now.
#AUDUSD Weekly Trading Analysis & Forecast (Educational)Traders, In this video we reset our analysis and start afresh. AUDUSD is showing us some very good moves. Also watch it till the end, I have included few important free educational tips as well. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders.
Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
Weekly US Market Update / 9-15 March 2020After suffering sharp coronavirus-related losses earlier in the week, U.S. stocks soared on Friday and got an extra lift late in the session from President Trump's declaration of a national emergency. On Thursday, U.S. stock indexes suffered their biggest one-day drop since 1987’s Black Monday crash, and closed deep in bear market territory. Friday's big gains couldn't reverse all the damage from previous sessions. For the week, the S&P 500 was down 8.8%, the Nasdaq Composite was 8.2% lower, and the Dow Jones Industrial Average fell 10.4%.
President Donald Trump has declared a national emergency under the Stafford Act, a move that will free up greater federal resources for states and cities battling the coronavirus.
The World Health Organization on Wednesday declared the Covid-19 coronavirus outbreak a pandemic. The virus had infected more than 120,000 people and spread to more than 100 countries at the time of the announcement.
Oil futures plunged to a four-year low Monday and recorded their biggest one-day drop since 1991 as OPEC and Russia appear headed for an all-out price war—shaking a market already reeling from the demand shock created by global spread of Covid-19.
Whats next? Maybe we will see a short uptrend move towards 0,3882 Fibonacci Level. There is also a resistance trend line there. If the indeces fall below 7255.62 (Nasdaq 100), more downside move will appear.
Gold finds strong weekly supportThe weekly chart her shows gold's fast uptrend channel set the parameters for its latest major correction (broader market crash).
The thick green line is the baseline for gold's multi-year bull market and more recent sideways market.
The horizontal green lines are multi-year support/resistance zones and we can see that the all-time high and various other peaks are in sight.
On the daily chart gold has bounced strongly off the channel bottom within the bottom support zone in preparation for a likely run at the high 1700s zone.
$SPY Weekly Outlook Feb 24 2020Futures are pointing towards a lower Monday open, 333.92 is key pivot point, if we can push above this area in pre trading or at market open longs could be profitable on the day. the 21 day ema as seen on chart is also key, a break of this could provide more downside to the 50 day ema 326.80.
I will update during the week...
GBPAUD W8 Price peaked at longterm down fib before starting to slide back down on Higher volume
Scenario 1: Test and bounce off of ema (BLUE) for a final retest of 1.9600 and then we can
expect a swift retracement down to 61% and we can see the price touching 1.9375 by end of Feb completing a 5 wave pattern
Scenario 2: straight meltdown to 61% fib, retest of 1.9500 and down to 1.9375 in 3 wave pattern