EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
You've already watched this week's video on 11-week cycles in Bitcoin and Ethereum. The daily version of those cycles is in the below chart, showing 69 days last year and 70 days in the latest downcycle. Combining today's rally in BTC and ETH with the SPX recovery above its 100-DMA seems like a powerful technical confluence for the bulls. Buy-the-dip justification may grow stronger when adding Nasdaq's bounce from its 10% top-to-bottom decline. All this sounds great, but more obstacles remain ahead. US 10-year yields having broken above their 200-week MA, such occurence could be similar to the break of Nov 2016, when higher yields made their presence felt in tech stocks. Let's keep an eye on the following levels of confluence; 4550 on SPX 40K on BTC and please rewatch the role of indices alongside crypto cycles after 1:30 mins of the video.
Pls comment aud/usd, long or short? What targets and time-frame. Tks.
What is down target for nzd/jpy coming week, please advise. Tks.
Can eur/usd go below 1.4000 to 1.39 area or lower to 1.38 in 2 weeks? Pls advise. Tks.
Have a nice weekend.
This GBP/JPY has MAD COW Disese! Only you can cure it.
This GBP/JPY is a MAD PIG! Can go up 200 pips easy from low 154 area!! No technical chart pattern at all.
Just curious, how to trade eur/usd, lomng or short? Advise pls. Tks.
Just curious, how to trade eur/usd, lomng or short? Advise pls. Tks.
HAIL TO THE CHIEF - Great call GBP/JPY short. Tks.
Tks. Happy trading!?
Which is a better short NOW? AUD/USD at 0.83 area or GBP/JPY at 156.80 area? Which gives better risk/reward? Advise pls. Tks.