Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
S&P500 Holding its 50-day MA
Information is not investment advice
US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year. Unfortunately, we couldn’t trigger any long positions as we were looking for some sort of stabilization first, but the bounce back came faster than we thought. In the meantime, It would be wise to stand aside and watch for how long this rally may continue, while any downside retracement should be considered as a new buying opportunity, as long as it stays above that same 50-day MA.
|
S3 |
S2 |
S1 |
Pivot |
R1 |
R2 |
R3 |
|
4338.50 |
4341.50 |
4347.50 |
4350.50 |
4356.50 |
4359.50 |
4365.50 |
Elizabeth Belugina
Similar
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Popular
Earnings Overview: Tesla, Netflix, IBM, JNJ
Such big companies as Netflix, Tesla, and Johnson & Johnson have revealed their financial results for the third quarter.
Bitcoin Rocketed by 50% in October
After a long correction in September, BTC/USD has managed to reverse up and gained 50%! How to trade it now? Let’s find out.
Global equities continued to trade higher on Tuesday
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading slightly above the cloud…
Choose your payment system
