EURUSD was down to 1.1190 area which is not too surprising after the nomination of Mrs. Lagarde to be the head of ECB. I think she wouldn't get the majority supports of investors.
As for our analysis, yes, it broke 1.1250 but it could be foretell based on our trend lines. Now, the price has move out of the down trend (Yellow trend) and moving upward in the upper...
After reaching 1.14 area level, EURUSD aggressively turned brearish. It's getting close to 1.1250 area level as the DX is returning to bullish in short term (96.8-97.00). Will the 50% trend can stop the bearish of EURUSD and take it back to 1.15?
There is a chance that EURUSD will reach 1.14 very soon this week? But will it break 1.14 and move to 1.15?
P/s: watch closely the red trendline to know when the bullish runs out of energy.
As we get closer to the date of OPEC meeting this month, June 25th, Brent again is quite to be volatile and based on the status quo of the world right now, nothing is certain anymore as the trade wars may drag on into 2020 and even further in the future. All of us can read on the news that supply is surplus and demand is kinda low at the moment. Would it be enough...
Hey guys, this is my drawing for Bitcoin. Since I am not really an expert in crypto, my analysis is purely based on using technical without really reading or analyzing fundamental about BTCUSD.
I think this area is kind of 50-50 for trading, so if you already bought BTCUSD at 6k, take 70 - 80% of your profit out of the trade. Just leave 15-20% with stoploss at...
Hey guys, it's been a while since my last drawing chart. I've been busy with UKOIL, so I don't have much time to do BTCUSD and I don't trade BTCUSD to be honest.
As always, I'd rather not talk about LONG or SHORT, but just to share my drawing chart. Just use it as extra information if you know what I am doing here, otherwise trust your judgement.
I am also...
Exactly a month ahead of next official OPEC meeting in Nov 30? Do you think the price will stop at 61.00 or 62.30-40 or even this peak ?
Anyone interested in analyzing UKOIL?
Hey guys, I think this is the most interesting time for BTCUSD. Everyone wants to know where it goes, up to 6k area or it drops lower than the low at 2972. It's just a matter of choice, isn't it? LONG or SHORT at this area. That's it!
But at this current area, 4451, I think you should extremely be careful with what you're gonna do for the next day. Whether you...
On Aug 22 I already said that BTCUSD will going to reach 5k, maybe this Friday or next Monday or next Tuesday (of course if I was right)
The problem with BTCUSD is that this is the new currency which we don't have much highs/lows in the past in order to find a good resistance or support. So I think you all should be very careful in trading this new currency. Don't...
So BTCUSD dropped as expected as my previous analysis (you can check it if you want to). It already dropped to 4,000 and bounced back to around 4680, then dropped again to 4220 (until this moment). Again, as my goal is not to tell you whether you should Long or Short, I hope you all can analyze your chart carefully, having your own prediction, and you will know...
