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S&P 500 Rises Above 1.500 as Earnings, Jobs Offset , Apple…

    Good Morning ,   – S&P 500 Rises Above 1.500 as Earnings, Jobs Offset , Apple . –  U.S. stocks rose, briefly sending the Standard & Poor’s 500 Index above 1,500 for the first time since 2007, as an unexpected drop in jobless claims and better- than-forecast earnings offset a slump in Apple […]

Bitcoin reached 161.8%, while moving parabolic!

BTCUSD continues to surprise traders! The cryptocurrency exploded to the upside in a parabolic move and reached the long-term Fibonacci extension target of 161.8%! What’s next? We suppose that the next targets are 200% and 261% of Fibo extensions. Heading to the hourly time frame, any technical analysis is difficult as the price creates gaps in […]

EURAUD is consolidating before its next major movement

In daily timeframe, EURAUD is forming a long term triangle between the white trend lines. The pair is consolidating since Friday and it’s ready for the next lower extension towards the upward trend line T2. Heading to H4 timeframe, we can see that the low Bollinger’s Band comes in confluence with the trend line T2 […]