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

Main channel for Crypto - @WiseAnalyze
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πŸ“ˆ GOLD / USD πŸ“‰

GOLD was always there as an indication of real value. Now consolidates before the next big move. If stocks/oil drop, Gold will be the one to save your ass. But if it drop below 1900, we may very well see it at 1800. The following days will show, if 1930 is strong enough to hold Gold from that bearish scenario.

@WiseForex #XAUUSD #Gold #XAU
Wise Forex & Stocks
Stocks were pushed by Trump's fed bzzzz machine and grown to record 3588 value, but in the end even that bubble dumped. We can see big volume picking up the dips here - signal that SP500 may consolidate or even bounce back to ~3444-3500. I think Oil prices…
Not the end for SP500. If we will see it above ~3420, no doubts it will grow higher towards 3500. Right now still within consolidation range, but the fact it made higher low makes it look much less bearish than last week.

@WiseForex #SP500
πŸ“ˆ EUR / GBP πŸ“‰

At daily EUR is way too high. Time to accumulate short position starting from 0.925 target one of lower support zones: 0.913 / 0.91 / 0.908

@WiseForex #GBP #EUR #EURGBP
Wise Forex & Stocks
Dollar Index failed to grow above 96.2 resistance. If drop below previous lower low it will crush to 95. @WiseForex #DXY #DollarIndex
Dollar Index fell to another year SR level at ~92.2. And it doesn't look strong enough for a bounce yet, although another test of that support can give it another chance.

@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
πŸ“ˆ GOLD / USD πŸ“‰ GOLD was always there as an indication of real value. Now consolidates before the next big move. If stocks/oil drop, Gold will be the one to save your ass. But if it drop below 1900, we may very well see it at 1800. The following days will…
πŸ“ˆ GOLD / USD πŸ“‰

GOLD moved towards 1968 resistance. Hard to say, if it has enough momentum to break it. I would certainly not recommend to long it from here - only in case of breakout and only on re-test. If breakout fails, we will see it pull back to ~1945. If succeed, going up to ~1992.

@WiseForex #XAUUSD #Gold #XAU
πŸ“ˆ GOLD / USD πŸ“‰

GOLD seem to be growing towards ~1977 resistance. Going long till there. Possible breakout to 2000-2010 as well. But I feel safer fix half profits at 1977 and then decide if I want to go short or let the other part grow higher.

πŸ”₯ Use crypto to trade Gold. Ref link gift 5% discount on all fees - https://ftx.com/#a=WiseAnalyze

@WiseForex #XAUUSD #Gold #XAU #FTX
πŸ“ˆ Dow Jones Industrial Index πŸ“‰

DJ starting from 28200 towards 28300 and 28425. If rejected at last resistance, will pull back to 28200. If breakout, next will be 28615.

@WiseForex #US30
"ENDO International" (pharmaceuticals) near the trendline. Breakout may take it to $3.48. I'll be waiting for pullback at $3.

@WiseForex #Stocks #ENDP
Wells Fargo been having an awful year. If you check 12 months chart, its a bloody waterfall. Therefore I'm not considering it for long term trade, but I hold some and will sell on 27.5 resistance. From current price it makes 7% profit (but I hold it from 25$). Might grow higher within "dead cat bounce" price action.

@WiseForex #Stocks #WFC
HeadHunter Group is online service for finding job and recruitment. COVID increased unemployment a lot, so HHR should be feeling really good now. And since we have second wave coming, will be feeling even better. Now at resistance, so not the best spot to buy. Will be looking for entry at 21.5 (bullish at 21.75).

@WiseForex #Stocks #HHR
VimpelCom provide telecomunication services to CIS and some countries in Asia and Africa. In Russia it is one of top mobile providers under the brand BeeLine. Overall it serves approximately 10% of world population. Has over 210 million clients. Not bad at all. And now it looks like total shit. Buy the dips. Guaranteed 9% profit. Good potential for ~18% profit, decent for ~32-37%. And in case world recover from Covid 80-100% (yes, lets dream about fairytales just a little bit).

@WiseForex #Stocks #VEON
Western Digital - one of high tech companies I like and hold. Possible rejection from or higher from 43-43.5. Will be buying more at 38.4 and 36.

@WiseForex #Stocks #WDC
Toys... While there are kids, there will be toys. These stocks been consolidating since June, occasionally trying to break above devil's resistance at 6.66$. Last attempt stopped at 6.42. If grow above that last height, next will be 6.66. If that one broken, good to grow higher to 7 / 7.77 / 8.14

These stocks for monitor only. Or early bullish entry with small amount, as in case of rejection it can easily drop back down to 4-4.5$

@WiseForex #Stocks #FNKO
Wise Forex & Stocks
πŸ“ˆ Euro / JPYπŸ“‰ EUR bounced from 121.8 support. Going long from here up to 122.7 πŸ›’ 122 🎯 122.2 / 122.7 / 123.1 @WiseForex #EURJPY #EUR #JPY
πŸ“ˆ Euro / JPYπŸ“‰

EUR falling like a rock, approaching good support levels that will surely cause a bounce. Scalp it long. Recommend average cost strategy, because first support might be broken, and I see no point in losing money on Stop Loss, if you can average cost at the second support and take profit in any case. Just calculate your second entry so that average cost would be less than 123.

πŸ›’ Long 123.086 / 122.33
🎯 Higher SR level:123.8 and 123.08 respectively

@WiseForex #EURJPY #EUR #JPY
Wise Forex & Stocks
πŸ“ˆ Dow Jones Industrial Index πŸ“‰ DJ starting from 28200 towards 28300 and 28425. If rejected at last resistance, will pull back to 28200. If breakout, next will be 28615. @WiseForex #US30
πŸ“ˆ Dow Jones Industrial Index πŸ“‰

Dow made it only to 28378 and now moving back to re-test 27455-27600 support. This chart may still show bullish reversal if no lower low made.

@WiseForex #US30
Just noticed couple of my stocks sold on a surprise pump. Looked at SP30 and it reversed as well. If anyone know the news, please write to chat.
Brent Oil bounced. Now approaching pivot resistance around 43.33-43.5
If pullback will bounce above 41 USD, that will be a positive sign. If fall lower, Oil will retrace to ~37.8. But all that yet to come. Right now Oil price is acting very bullish. Can see it reach 44.4 easy.

@WiseForex #Brent #Oil
Closer look at Brent and link to OPEC meeting roundup.

JMMC focuses on market stability and full conformity

@WiseForex #Brent #Oil
THE USDX, more commonly know as the US Dollar Index or DXY, is the value of the dollar relative to a basket of foreign exchange currencies.

It’s made up of six currencies, however they’re not equally weighted in the DXY.

The biggest player is EUR which makes up a whopping 58% of it.

Often when the DXY moves, the currencies follow.

@WiseForex #education #dxy