rubikavinsider

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EURUSD strong sell signal on the daily chart. We see that you can look for the touch of the EMA100D1 at 1.15414, with support at the 0.5 fibo retraction line at 1.4312. It can be perfectly seen that we will have a crossing of the ichimoku cloud marking a downtrend.

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Oil prices rebounded sharply after a surprisingly sharp drop in US stocks, as reported by the American Petroleum Institute, taking the market by surprise. At around 8.50 am, U.S. oil futures were up 2.3% to $ 39.16 a barrel, while the international benchmark contract Brent was up 2.15% to $ 41.40. The API estimated that US oil stocks fell 9.5 million barrels...

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From our perspective, the EURUSD will be within a region of accumulation and consolidation between 1,168 and 1,199 with a percentage change of 2% within Elliot's ABCD accumulation range. In a few we see a positive recovery in most of the markets.

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Data from Investing says that the pound fell to a one-month low against the dollar and a three-week low against the euro, with the perception that the UK government has put the prospect of a disorderly Brexit back on the agenda. Prime Minister Boris Johnson signaled on Monday that he was unwilling to comply in the future with the Withdrawal Agreement that his...

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As says Investing catalyst for the liquidation is largely Tesla shares, which plunged more than 13% after saying it completed the sale of $ 5 billion in common stock on Friday. The stock price was also under pressure with Standard & Poor’s announcement on Friday that it would not be listed on the S&P 500 index for the time being. The announcement disappointed...

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Investing says that tech stocks are likely to extend their recent declines in the gap, as the foam continues to come out of a market distorted by strong activity in individual stock options. Nasdaq 100 futures were down 2.71% at 8:55 am, while Dow Jones futures were down 0.55% after starting the session steadily and S&P 500 futures deepened losses to...

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According to investing, crude oil prices fell to their lowest level in 10 weeks, as the end of the peak season in the US focused the market's attention on a worsening supply / demand balance. Prices had already fallen on Monday after Saudi Arabia cut official sales prices for all of its major export specifications to Asian customers. This, in turn, occurred in a...

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We believe in the possibility of a high engulf that executes the price recovery to the previous highs. However, the indicators on the Bitcoin weekly chart begin to trigger an alternating current towards the continuation of the correction. On H4, the EMA9 looked for the price, but on D1 it is still ongoing. That translated into our language means price...

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Weekly close of the CME was exactly at $ 11,800 with the creation of a new GAP. We radically closed a new week, strongly breaking the main downward trend line that supported the market since the historical high of 2017. Really now the bears are going to have to cry literally. The bear market is over and we are ready to see what will be the beginning of a great...

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O Houston! We have found our first bearish diamond in #Bitcoin on the daily chart. To complete #Ethereum is following the father. Downtrend confirmed.

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A few times the weekly chart of Bitcoin is showing a correction signal. Until next week and much earlier we will be able to have the exact confirmation of the bearish doji star that we are seeing right now, very close to the main down trend line for the entire market and above 61% of the Fibonacci retraction line. Important supports to consider: MA 50 at 8793.45;...

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The daily closure of Bitcoin indicates a possible creation of the tiple top pattern. We do not want to draw many conclusions yet, but this smacks of a bearish bear. We should also wait for the market reaction to the crossing of the MA50 with the MA200, which was unusually the famous golden cross with simple moving averages.

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Third attempt to break 38% of the fibonacci retraction line without success for SPX500 SPX SP500. It seems that between 50% of the fibonanci retraction line at 2722.15 and the previous retraction and at the exact point of 2864.34 it is being a strong accumulation zone.

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As Bitcoin BTC BTCUSDT BTCUSD tries to break the 10k resistance, XAUUSD gold is almost reaching the goal of testing the highest peak in the mountain. We are really surprised at how the markets are converging now.

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The market is simply reacting to the fact that a cross between the EMA50 and EMA300 is happening on the daily chart of Bitcoin, indicating the famous golden cross. But studying the past we can believe that Bitcoin is creating the same movement made in February of this year when this whole pandemic started. Really in this zone between $ 8545 and $ 10k we are not...

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Gold still wanting to hit the 2011 high. It is currently attempting to break 23% of the Fiboncci retraction line at the current price of $ 1726.25. Performing a monthly non-graphic wave count, we can perceive that the last wave is an expansion wave 5. At the current price point it already represents a critical point, with a tendency to a slight correction over time.

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From our perspective, this weekly closure does not mean a positive direction. But thanks to the fact that we have identified the Elliot waves we can recognize that in the weekly chart, the next movement that could be triggered is wave 2, within the minor symmetric triangle created by one of the bearish Gann angles and the high trend line. that has been respected...

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Studying the SP&500, one of the main indexes of the United States, we can see that after the fall of the markets registered approximately a month ago, this economic index reached the extremes of 2016. It is now above 50% of the Fibonacci retraction line, with a recovery of more or less 28%, with a main support at 2643 due to the interception point between the EMAs...