How to Trade Binary Options General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford Continue Reading
DeutscheBk weekly review
During the previous, the price of this share opened at 18.84, went as low as 18.43 and a high as 19.08 but ended up closing at 18.96. The previous week’s candle is a perfect bullish pin bar candle … Continue Reading
The most obvious thing to buy right now is this crypto currency. For the better parts of this year, Bitcoin has been in a constant up trend and chances of rising higher are highly anticipated. We expect a massive ri… Continue Reading
Major US stock indexes completed the session in negative territory. Pressures on the indices were reported by ABC News that former US national security adviser Michael Flynn acknowledged the blame for giving false testimony to the FBI. ABC N… Continue Reading
Bitcoin (BTC) has been trading upwards. The price tested the level of $10,734. The largest options exchange worldwide, the Chicago Mercantile Exchange Group (CME), has announced its official Bitcoin futures contracts will launch on Monday, December 18, 2017. Technical picture looks bullish but in the overbought zone.
According to the 1H time frame, I found a rising upward channel but the price failed to test the upper diagonal, which is a sign that buyers don’t have enough power. I also found a rejection from Fibonacci expansion 100% at the price of $10,623, which is another sign that buying looks risky. Due to overbought condition and successful testing of FE 100%, my advice is to watch for potential selling opportunities. Downward targets are set at the pirce of $10,136, $9.355 and at the price of $8,990.
$10.734 – Intraday resistance (price action)
$10.136 – First objective point
$9.355 – Second objective point
$8.990 – Third objective point
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Recently, GBP/USD is trading downwards. The price tested the level of 1.3456. Anyway, according to the 15M time – frame, I found a hidden bullish divergence on the stochastic oscillator in creation, which is a sign that selling looks risky. I also found a strong pinbar in the background, which sugests strength. My advice is to watch for potential buying opportunities. Upward targets are set at the price of 1.3510 and at the price of 1.3540.
Trading recommendations for today: watch for potential buying opportunities.
U.S. stock-index futures were lower on Friday, as investors’ sentiment was hurt somewhat by a delay of Senate vote on a tax-reform bill. Global Stocks: Nikkei 22,819.03 +94.07 +0.41% Hang Seng 29,074.24 -103.11 -0.35% Shanghai 3,317.81 +… Continue Reading
All our upside targets which we predicted in yesterday’s analysis have been hit. The pair posted a strong rebound after marking a low of 111.71 overnight (November 30). Currently, it is trading at levels above the key support at 112.20 while being supp… Continue Reading
USD/CHF is expected to trade with a bullish outlook. The pair managed to hold above its key horizontal support at 0.9815, and is likely to post a new bounce. The bullish trend line should maintain the strong buying pressure on the prices. Last but not … Continue Reading
EURUSD: 1.1875 (EUR 600m) 1.1900 (765m) 1.1930 (850m) USDJPY: 112.65 (USD 800m) 112.70 (205m) 113.00 (610m) GBPUSD: Ntg of note USDCHF: 0.9800 (USD 750m) EURGBP: 0.8738 (EUR 910m) AUDUSD: Ntg of note USDCAD: 1.2850 (USD 780m) Continue Reading