Sunday 14/07/2019 After SPX500 Reach New High Record, What are The Signals For Reversal Opportunity? last week ended with new high records for the US indexes. The main reason for the stock market to keep rising up is the high expectations for an interest-rate cut from the Federal Reserve. these expectations came after Federal Reserve […]
Saturday 13/07/2019 A Confluence Between Head & Shoulders and CCI Divergence If we look at the long term charts (D1 or W1) we will see the EUR/AUD is in bullish momentum. The recent technical correction which starts about three weeks ago created a Head and Shoulders pattern. Head and Shoulders pattern that came after a […]
Wednesday 03/07/2019 A significant Divergence Between MACD and Price Highs. Yesterday, the OPEC succeeded to extend their agreement to cut production until 2020. Also, The American Petroleum Institute (API) declared that they had found another large inventory of crude oil. Despite this good news USOIL price continues down. In the H1 chart, there is a […]
Thursday 20/06/2019 Confluence of Fibonacci 38.2% and Demand Level on XAU/USD Three years ago, the XAU/USD price was sitting at 1375.00 zones and dropped to 1120.00 zones. During the last three years, the price retraced to the 1375.00 zones, three times. But it didn’t succeed to break this resistance. Yesterday, the price reached that resistance […]
Monday 17/06/2019 Combination Of Fibonacci 38.2% And Fresh Supply. We can see that on the 4H, 1D, 1W and even 1M charts that, in the long term, the NZD/USD pair is in bearish momentum. At the moment, we can also see on the 4H chart that the price has just arrived at the demand level […]
Sunday 16/06/2019 MACD Divergence With A New Supply For Sell Position On XAU/USD. There are a few reasons to look for a sell position in XAU/USD: 1. In the wide picture – 1W chart, the price has just arrived into a strong resistance zone. The last time that this happened was about a year and […]
Engulfing Candlestick Pattern With Price Action Analysis For USD/CAD, Monday 10/06/2019. Last week’s candle on USD/CAD has ended with an engulfing candlestick pattern. This weekly candlestick is red from the beginning to the end. After the price compressed vertically and took all the buyer’s orders on the way up. It dropped back to the origin […]
Outside Bar Candlestick Pattern With Price Action Analysis For SPX500, Sunday 09/06/2019 As we can see on the 1W chart, the last week candle has ended as an outside bar candlestick pattern, that’s happened after the Federal Reserve announcement About the chances for Interest reduction soon, that bullish outside bar candlestick indicates that the price […]
In this 1D chart, we can see the USOIL price has developed a bearish momentum, for the long term. It seems the price is on its way to reaching the demand at the bottom which is 45.00 zones. In the 4H Chart, we can see a great level to sell US OIL and join the […]
In this 4H chart, we can see that the SPX500 is still bullish and the price just arrived into the support zone which is a critical level. If the price breaks out the support, then it will indicate that the bullish momentum has ended and the price now becomes bearish. That support is also the […]
