Technically speaking, GOLD is making a bottom. Gold/Silver ratio also confirms that. We believe the upside breakout is in process and we expect Gold prices to surge in the coming days. -Signalwyse Team
We are witnessing the Russell 2000 index forming a classic Head and Shoulders. If broken, the new short opportunities will emerge. Keep your eye on this index. Stay tuned. -Signalwyse Team
Take a look at the post we have shared recently which we asked if bulls will come to the help. The answer now is no. They did not. For us this means an opportunity to short of course! The trendline has been broken. Stay tuned. -Signalwyse Team
The US Dollar has been dismissed for some time after the last 9 months of drop. Yet in the background something else is forming up. The CoT data (you can add CoT data on the chart) shows USD is sold against GBP and EUR aggressively and hit extremes. This gives us some ideas, such as reversal is in the cards. Expect the DXY to make the unexpected moves but...
The energy sector ETF XLE is ready to make new ATHs. Long with 95 target. Stay tuned. -Signalwyse Team
It becomes inevitable to spot the similar patterns when a trader sits on charts for a long time. This time we believe Bitcoin's current path is what Nasdaq had just a half a year ago. Massive Bitcoin rally is coming. Stay tuned. -Signalwyse Team
Support and resistance shown by trendlines can be strong indicator where the prices can go. We believe the path in GBPUSD will look like this, down trend continuing with choppy ups and downs. Stay tuned. -Signalwyse Team
Technical Analysis suggests the TESLA stock trades between two trendline from the top price. It pays handsomely to not use the single trendline in your analysis. TESLA was recently in our BUY signal list. We send daily 10 stocks to buy and hold during the same trading day, perfect suit for day traders. -Signalwyse Team
The answer for a decisive trend. Bulls need to show up quickly or otherwise an upward trend in EURUSD will be under question. If it breaks, the new short opportunities will emerge. Stay tuned. -Signalwyse Team
History does not repeat but ryhmes. The example below is VIX today vs VIX 2016. See any similarity? We believe equities will go higher! -Signalwyse Team
We love sentimental trade ideas. There is nothing better trade than those stemming purely from sentiments. We shared timely long USDINR pair and we have attached the link below. The positive sentiments from Moon landing drove INR higher yet on macro level, this changes NOTHING . Congratulations to India and all Indians! -Signalwyse Team
Signalwyse Daily Stock Picks Series - 25 August Traders execute daily buy positions at the beginning of the trading day and sell before the market closes. This active approach aims to capitalize on short-term opportunities, enabling you to act on our carefully selected top 10 S&P 500 stocks. We will share 2 of the top 10 stocks daily. Check the website on our...
Signalwyse Daily Stock Picks Series - 24 August Traders execute daily buy positions at the beginning of the trading day and sell before the market closes. This active approach aims to capitalize on short-term opportunities, enabling you to act on our carefully selected top 10 S&P 500 stocks. We will share 2 of the top 10 stocks daily. Check the website on our...
Signalwyse Daily Stock Picks Series - 23 August Traders execute daily buy positions at the beginning of the trading day and sell before the market closes. This active approach aims to capitalize on short-term opportunities, enabling you to act on our carefully selected top 10 S&P 500 stocks. We will share 2 of the top 10 stocks daily. Check the website on our...
Signalwyse Daily Stock Picks Series - 22 August Traders execute daily buy positions at the beginning of the trading day and sell before the market closes. This active approach aims to capitalize on short-term opportunities, enabling you to act on our carefully selected top 10 S&P 500 stocks. We will share 2 of the top 10 stocks daily. Check the website on our...
Now, we are eyeing at USDCNH pair. The Economic Data from China is as disappointing as it gets. As if deflation is not enough, bank credits just hit 2008 lows! We are long USDCNH with above 7.50 target! -Signalwyse Team
USDINR pair has our attention. Its peers are already losing enough value. Currencies like RUB, CNH, BRL, ZAR have started feeling the pressure of the mighty US Dollar. We expect USDINR to make new highs. Target is above 85. -Signalwyse Team
The Commitment of Traders (CoT) data published by CFTC show positioning in EURO futures, where the two lines show Commercial vs Speculative positions. What we see here is a clear pattern. I am sure you can see it as well. Based on this, as well as the inflation picture in the Eurozone, we believe it is the peak in the EURUSD pair. This has tremendous...