Wise Forex & Stocks
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I post stocks and Forex analysis here for swing trading strategy. Mostly higher timeframes.

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Wise Forex & Stocks
πŸ“ˆ BRENT oil πŸ“‰ Oil pulled back in the direction I expected, but didn't get to $36 - bounced from $37. That was 21 EMA at daily. Chart is not yet ready to pump. Its only reversing from bearish weeks and most probably will require some time for consolidation.…
πŸ“ˆ BRENT oil πŸ“‰

Oil pulled back in the direction I expected, but didn't get to $36 - bounced from $37. That was 21 EMA at daily.

Small update for Oil chart. Last time I posted day timeframe. Here is 4H.

USA and Brazil are leading the world in COVID pandemic. The more chaos is in US the worse is situation for oil. It didn't close the gap yet and might drop below current 42 support. If it does next will be pivot at 40.7. If miss, then next 39.6 - 38.8.

@WiseForex #Brent #UKOil
Wise Forex & Stocks
πŸ’° LIFETIME opportunity update πŸ’° May I say that my promise is now fulfilled 😎 Target 1.47 reached and profit up to 591 pip πŸ€‘ May actually grow up to 1.485 within this week. @WiseForex #USDAUD #AUD #USD
πŸ“ˆ EUR / CAD πŸ“‰

If oil will drop, that will be a chance for EUR to grow above CAD. EUR grown a lot on pandemic, but been losing position since March in this long consolidation channel. We may expect it to test 1.54 and 1.55 once again. Long entries from 1.525-1.527

@WiseForex #EURCAD #EUR #CAD
Wise Forex & Stocks
πŸ“ˆ S&P 500 Index πŸ“‰ S&P500 crash together with US market and landed to support zone left from May 20th review (when it was growing and in the end reached all target and got above). I assume now we will see a bounce to ~3020. πŸ›’ Support 2950 βœ… 2920…
πŸ“ˆ S&P 500 Index πŸ“‰

S&P500 makes lower highs as US fail to cope with demonstrations and virus. When people demolish monuments and police doesn't do anything about it, country is going into anarchy. Not good for economy and SP500

πŸ›’ Support 3072 - 3060 - 3040 - 3018
🎯 Resistance 3115 - 3138 - 3156 - 3188

@WiseForex #SP500
Wise Forex & Stocks
πŸ“ˆ S&P 500 Index πŸ“‰ S&P500 makes lower highs as US fail to cope with demonstrations and virus. When people demolish monuments and police doesn't do anything about it, country is going into anarchy. Not good for economy and SP500 πŸ›’ Support 3072 - 3060…
πŸ“ˆ S&P 500 Index πŸ“‰

S&P500 falling. Although 3060 was a good support, stronger is at 2970. I believe we may see it there soon. After the bounce of cause.

πŸ›’ Support 3060 βœ… 3040 - 3018 - 2970
🎯 Resistance 3115 - 3138 - 3156 - 3188

@WiseForex #SP500
πŸ“ˆ USD / CAD πŸ“‰

USD testing 1.366 resistance for the second time on 4H chart. Got rejected, but so far show bounce from nearest support at 1.36. Potential breakout coming. Nearest targets 1.3714 and 1.377

@WiseForex #CAD #USD #USDCAD
πŸ“ˆ S&P 500 Index πŸ“‰

S&P500 fell lower to 3018 support line. Kind of look like can have another leg down to 2990.

πŸ›’ Support 3040 - 3018 βœ… - 2990 - 2970
🎯 Resistance 3060 - 3115 - 3138 - 3156 - 3188

@WiseForex #SP500
Wise Forex & Stocks
πŸ“ˆ GBP / USD πŸ“‰ GBP bounced precisely from where we planned - 1.234 support. All targets already hit for up to 141 pip. Might grow higher to 1.254, but safer entries would be from previously broken support zones at 1.2415 and same 1.234. Previous post: GBP…
πŸ“ˆ GBP / USD πŸ“‰

GBP hit last target at 1.254 βœ… Maximum possible profit 207 pips πŸ€‘ Now coming back to 1.234 support. Volume is dropping, so I guess we may expect bounce there or above. Same targets as in original signal from June 19th - resistance zones 1.241 / 1.247

@WiseForex #GBP #USD #GBPUSD (TradingView)
Wise Forex & Stocks
πŸ“ˆ BRENT oil πŸ“‰ Oil pulled back in the direction I expected, but didn't get to $36 - bounced from $37. That was 21 EMA at daily. Small update for Oil chart. Last time I posted day timeframe. Here is 4H. USA and Brazil are leading the world in COVID pandemic.…
πŸ“ˆ BRENT oil πŸ“‰

For the first time 39.6 bounced the price, but it seems that oil is coming back for re-test. Bullish scenario in play in case price stay for several candle above ~34.1. Otherwise re-test and potential drop lower to 38.78 and bottom of that channel at 37.86

June 24th post: might drop below current 42 support. If it does next will be pivot at 40.7. If miss, then next 39.6 - 38.8.

@WiseForex #Brent #UKOil
Wise Forex & Stocks
πŸ“ˆ GOLD / USD πŸ“‰ Gold bounced from middle line and making attempt to break the parallel channel - target for breakout 1796 Resistance 1765 - 1772 - 1796 Support 1747 - 1738 - 1730 - 1715 - 1705 @WiseForex #XAUUSD #Gold #XAU (TradingView)
πŸ“ˆ GOLD / USD πŸ“‰

Gold going to test 1770-1780 resistance once again. This time more chances for breakout as it gained some volume on the dip.

Resistance 1772 - 1780 - 1796 - 1825
Support 1765 - 1747 - 1738 - 1730

@WiseForex #XAUUSD #Gold #XAU (TradingView)
Wise Forex & Stocks
πŸ“ˆ GOLD / USD πŸ“‰ Gold going to test 1770-1780 resistance once again. This time more chances for breakout as it gained some volume on the dip. Resistance 1772 - 1780 - 1796 - 1825 Support 1765 - 1747 - 1738 - 1730 @WiseForex #XAUUSD #Gold #XAU (TradingView)
πŸ“ˆ GOLD / USD πŸ“‰

Gold test of 1770-1780 resistance ended up by rejection. Not over yet - there is a chance of bounce from 1765 support where price is heading now.

Resistance 1775 - 1780 - 1796 - 1825
Support 1765 - 1747 - 1738 - 1730

@WiseForex #XAUUSD #Gold #XAU
Wise Forex & Stocks
πŸ“ˆ Euro / U.S. Dollar πŸ“‰ EUR/USD bounced from 1.117, but failed to grow above previous LH level at 1.13534. Now we have several potential bounce zones within this choppy market picture. First one is where price is now. Second lower at 1.12555, then 1.121 (yearly…
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

EUR/USD yearly close/open obviously appeared to be the strongest support. EUR spent 3 days there and finally bounced. Now growing to re-test 1.1287 resistance. Can wick above to 1.13. So far EUR look stronger.

Support 1.1255 / 1.124 / 1.121 / 1.117
Resistance 1.129 / 1.131 / 1.135 / 1.137

@WiseForex #EURUSD #EUR #USD (TradingView)