What a roller coaster. News came out and it dumped, but all the dips were taken out. Nevertheless market ain't ready to neither bullish or bearish way. Last 4H candle closed with long tail, so we may expect it to bounce at least to ~3370 (short term). And I am cautious about any mid/long term forecasts at this moment.
@WiseForex #SP500
@WiseForex #SP500
š GOLD / USD š
After the last forecast Gold shown really strong intention not to fall below 1900 - each wick below ended up with strong impulse up. Finally it lifted and hit 1935 resistance. Now trade range is between 1900 and 1935. If price continue storming 1935, chart will become bullish with targets 1945 - 1955 (and potential breakout to 1975). If pull back to ~1915, we may see it pull back to 1900 and maybe 1875.
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@WiseForex #PAXG #Gold #FTX
After the last forecast Gold shown really strong intention not to fall below 1900 - each wick below ended up with strong impulse up. Finally it lifted and hit 1935 resistance. Now trade range is between 1900 and 1935. If price continue storming 1935, chart will become bullish with targets 1945 - 1955 (and potential breakout to 1975). If pull back to ~1915, we may see it pull back to 1900 and maybe 1875.
š„ Use crypto to trade Gold. Ref link gift 5% discount on all fees - https://ftx.com/#a=WiseAnalyze
@WiseForex #PAXG #Gold #FTX
Wise Forex & Stocks
Oil got a huge bearish doji on last attempt to grow above $42, so things are pretty bearish in this field as well. Next stop is at $40. @WiseForex #Brent #Oil
Oil reached 38.8 support level and the way it evolves I think we may see 37.85 soon as well. That is lower low at daily and signal for bear trend continuation. Same as in Spring, all the companies connected with oil or travels hurt the most.
@WiseForex #Brent #Oil
@WiseForex #Brent #Oil
Wise Forex & Stocks
š EUR / GBP š All targets from last EUR/GBP signal hit - profit up to 180 pips (out of maximum 234 from that drop) š¤ Now pulling back to 0.9098 / 0.907 support. Potentially can drop lower to ~0.898 @WiseForex #GBP #EUR #EURGBP
š EUR / GBP š
Main targets hit for 70-100 pips. Frankly I think it will hit the last target as well, although in case it gets above 0.907 there might be a tricky re-test of 0.9098 resistance.
Last post: Now pulling back to 0.9098 / 0.907 support. Potentially can drop lower to ~0.898
@WiseForex #GBP #EUR #EURGBP
Main targets hit for 70-100 pips. Frankly I think it will hit the last target as well, although in case it gets above 0.907 there might be a tricky re-test of 0.9098 resistance.
Last post: Now pulling back to 0.9098 / 0.907 support. Potentially can drop lower to ~0.898
@WiseForex #GBP #EUR #EURGBP
Forwarded from š Wise Analyze š
Trump's desperate fight for President chair makes the way market evolves absolutely unpredictable. We are witnessing one of the greatest market manipulations in history.
Target at ~3370 hit ā
Got to 3377. New bounce from 3357 and Trump's fight for presidency makes me feel that stocks have good chances to grow against COVID. At the same time remember, that if index pullback below 3355 (and then below 3320), Head and Shoulders bearish pattern appear - and if it complete SP500 can drop down to ~3280. But if Trump win this fight, next strong resistance is 3420 (as target for longs).
@WiseForex #SP500
@WiseForex #SP500
š Euro / U.S. Dollar š
EUR pushing up to 1.178resistnance. Next will be 1.182 / 1.184
But if today will end up back at ~1.175 level, tomorrow EUR will pull back to 1.172 again.
@WiseForex #EURUSD #EUR #USD
EUR pushing up to 1.178resistnance. Next will be 1.182 / 1.184
But if today will end up back at ~1.175 level, tomorrow EUR will pull back to 1.172 again.
@WiseForex #EURUSD #EUR #USD
I think 3416 is out of doubts now. Probably can breakout higher now, after Trump twit.
@WiseForex #SP500
@WiseForex #SP500
š¤¦š½āāļø Trumped&dumped market in nearly one day. It's impossible to trade in such conditions. Better don't.
https://twitter.com/realDonaldTrump/status/1313551794623127552?s=19
https://twitter.com/realDonaldTrump/status/1313551794623127552?s=19
Twitter
Donald J. Trump
Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19. We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. Iā¦
Stocks market recovered after Tuesday dump very fast and even made a new higher high. Right now chart look like it gonna dip again (same way as it did 3 times before). Possible target for pullback is 3360-3380 (might stop at 4000, but less possible).
@WiseForex #SP500
@WiseForex #SP500
š GBP / USD š
GBP trying to build a bullish trend within this consolidation range. Nearest target for rejection and pullback is 1.298-1.30. Pullback target 1.29-1.292 (distance 70-90 pips).
@WiseForex #GBP #USD #GBPUSD
GBP trying to build a bullish trend within this consolidation range. Nearest target for rejection and pullback is 1.298-1.30. Pullback target 1.29-1.292 (distance 70-90 pips).
@WiseForex #GBP #USD #GBPUSD
Well, the fact that SP500 didn't dip as before only proves that whatever seem to be most obvious move often makes it the least possible =) I see two possible ways it can evolve from here. Either pullback to ~3430 and maybe bounce after (next week), or continue to ~3496 and pullback in the beginning of the next week.
@WiseForex #SP500
@WiseForex #SP500
Wise Forex & Stocks
š GBP / USD š GBP trying to build a bullish trend within this consolidation range. Nearest target for rejection and pullback is 1.298-1.30. Pullback target 1.29-1.292 (distance 70-90 pips). @WiseForex #GBP #USD #GBPUSD
š GBP / USD š
Targets reached. Almost =) Rejected 0.001 earlier and bounced 0.001 lower. Profit up to 78 pips.
P.S. this is 15 minutes chart as the whole move took 2.5 hours only.
Last post: GBP trying to build a bullish trend within this consolidation range. Nearest target for rejection and pullback is 1.298-1.30. Pullback target 1.29-1.292 (distance 70-90 pips).
@WiseForex #GBP #USD #GBPUSD
Targets reached. Almost =) Rejected 0.001 earlier and bounced 0.001 lower. Profit up to 78 pips.
P.S. this is 15 minutes chart as the whole move took 2.5 hours only.
Last post: GBP trying to build a bullish trend within this consolidation range. Nearest target for rejection and pullback is 1.298-1.30. Pullback target 1.29-1.292 (distance 70-90 pips).
@WiseForex #GBP #USD #GBPUSD