Elbruks

Elbruks

Weak Eurozone data disappoints EUR bulls, for now. We expect new support will emerge soon at the circled area. -Elbruks Team

Elbruks

Bitcoin is ready to do what everyone expects it to do. To shine! We believe it is finally time to break 40.000$ -Elbruks Team

Elbruks

EUR has gone up relentlessly, like there is no problem in EU. Yet there are many, if not hundreds. We believe the EUR is overextended. -Signalwyse Team

Elbruks

Take a look how we navigated you correctly about USDINR! The well-respected Reserve Bank of India (RBI) has been active in fx markets. This gives us a flashback to Turkey's Central Bank, when they sold fx reserves to keep the currency. We all know that it ended badly and things usually escalate fast. Keep your eyes on USDINR, as we expect it will soon break out.

Elbruks

USDJPY has been rallying like there is no tomorrow. Yet as we have seen before, Japan tend to not digest USDJPY above 150. We ask bulls to be careful of an immediate unexpected intervention! -Signalwyse Team

Elbruks

We are bullish Bitcoin as we have posted timely bullish signal. Check below. Now we see strong consolidation. Bulls need time. Soon we will break higher. -Signalwyse Team

Elbruks

Bitcoin bulls have been waiting for some time. Actually quite some time. We believe this rectangular consolidation has come to an end and we are looking for another leg up. -Signalwyse Team

Elbruks

RUSSELL 2000 has formed a bearish pennant formation. Meaning, the target for shorts are 1630-1650 range. Russell 2000 going down is not a good news for other big indices either. -Signalwyse Team

Elbruks

Have you ever wondered why on Earth equity traders cannot take their eyes off from US10Y chart? The answer is the alternative trade. What does that mean? When you invest in a company, such as buying its stock, you are taking risk. However, US10Y are riskless. This means every time you take a risk, you have to look at what the other less risky investments promise...

Elbruks

Today, TESLA will announce the quarterly earnings after market close. The setup implies the stock is ready for the big move. Question is where. We believe it is down because of shrinking profit margins and ERP. -Signalwyse Team

Elbruks

Check out how we guided you through USDINR move. We said the satellite news was a sell for the Rupee. The years long technical structure tells use USDINR is ready to shoot! -Signalwyse Team

Elbruks

Nasdaq is forming a very clear bullish wedge form which we think it gets ready for new highs. We suggest playing the breakout and putting the appropriate stop loss based on your risk profile. -Signalwyse Team

Elbruks

The very reason Oil, along with other commodities rallied on Friday is because of the weekend hedging. Weekend did pass quite calmly, thanks God. We do believe it is time to Friday's bid to fade away. -Signalwyse Team

Elbruks

The idea is simple yet powerful: Gaps should be closed for efficient markets. We believe it is time for Oil to close the gap. -Signalwyse Team

Elbruks

Fear stemmed from Israel-Palestine conflict feeds the Gold markets. Of course, all fears fade away as time passes. This is important to understand. Question is which scenario is Gold going to follow? We believe 70% chance it is scenario 1 and 30% chance scenario 2 -Signalwyse Team

Elbruks

Take a look at how we navigated correctly the whole EURUSD move. This is not 'We told you so' brag, simply trying to share our knowledge and way of thinking about the markets. We believe some relief is on the way for EUR because of the moves in the US10Y. -Signalwyse Team

Elbruks

EUR has been sliding for some time. The downtrend channel, as shown, has been well intact. EUR price respect channel border. No channel lasts forever. The question is will this channel be broken to lower or higher? Our bias is lower. -Signalwyse Team

Elbruks

EUR bulls are in trouble, as always. ECB never allowed highly indebted EU countries to have a higher yield. Italian, Greek government bond yields are lower than the US which makes zero sense. Here is a catch: you cannot have a lower yield but strong currency. -Signalwyse Team