All Blogs

To add a new post, please log in or register
The S&P 500 continues to develop an upward trend in the upward channel on the daily chart, traded above important short-term support levels 3289.0 (EMA200 on the 1-hour chart), 3206.0 (EMA200 on the 4-hour chart) and above key support levels 3020.0 (Fibonacci level 23...
Analytics & Forecasts
  • 81
Yuri Papshev, 7 August 2020, 14:16
Yesterday the EUR / USD pair traded in different directions in the range of $ 1.1820- $ 1.1915 and closed the day without significant changes. Today the pair fell rapidly, dropping to $ 1.1820. On the hourly chart, EUR / USD is still trading above the MA line (200) H1 ($ 1.1795...
Analytics & Forecasts
  • 140
  • 4
[Deleted], 7 August 2020, 11:46
The US dollar is better bid before the US jobs figures. The US dollar index recovered to the 93 mark, as solid demand in US treasuries continues weighing on the US sovereign yields. The greenback continues determining the overall direction across the currency markets. The EURUSD surged to 1...
Market News
  • 104
  • 2
Jiming Huang, 7 August 2020, 10:39 #gold
S equity indices gained for the fifth day on hope that an additional fiscal stimulus package would soon be signed, or extra measures including enhanced benefit payments, payroll-tax holiday and student loan repayment relief would be forced by President Donald Trump if the deadlock among Congressi...
Market News
  • 95
  • 1
Jiming Huang, 7 August 2020, 10:39
Pivot (invalidation): 42.25 Our preference Short positions below 42.25 with targets at 41.60 & 41.20 in extension. Alternative scenario Above 42.25 look for further upside with 42.65 & 42.95 as targets...
Analytics & Forecasts
  • 92
  • 2
Jiming Huang, 7 August 2020, 10:39
Pivot (invalidation): 29.1500 Our preference Short positions below 29.1500 with targets at 27.7500 & 26.9500 in extension. Alternative scenario Above 29.1500 look for further upside with 29.8500 & 30.5000 as targets...
Analytics & Forecasts
  • 88
  • 1
Jiming Huang, 7 August 2020, 10:38
Pivot (invalidation): 2073.00 Our preference Short positions below 2073.00 with targets at 2045.00 & 2028.00 in extension. Alternative scenario Above 2073.00 look for further upside with 2085.00 & 2100.00 as targets...
Analytics & Forecasts
  • 81
  • 1
Jiming Huang, 7 August 2020, 10:37
Pivot (invalidation): 3317.00 Our preference Long positions above 3317.00 with targets at 3360.00 & 3385.00 in extension. Alternative scenario Below 3317.00 look for further downside with 3285.00 & 3272.00 as targets...
Analytics & Forecasts
  • 84
  • 1
Jiming Huang, 7 August 2020, 10:36 #S&P 500
Pivot (invalidation): 12750.00 Our preference Short positions below 12750.00 with targets at 12520.00 & 12400.00 in extension. Alternative scenario Above 12750.00 look for further upside with 12825.00 & 12865.00 as targets...
Analytics & Forecasts
  • 77
  • 1
Jiming Huang, 7 August 2020, 10:35 #dax
Pivot (invalidation): 7.1930 Our preference Long positions above 7.1930 with targets at 7.3100 & 7.3800 in extension. Alternative scenario Below 7.1930 look for further downside with 7.1550 & 7.1000 as targets...
Analytics & Forecasts
  • 77
  • 1
Jiming Huang, 7 August 2020, 10:34
Pivot (invalidation): 0.7240 Our preference Short positions below 0.7240 with targets at 0.7170 & 0.7150 in extension. Alternative scenario Above 0.7240 look for further upside with 0.7260 & 0.7290 as targets...
Analytics & Forecasts
  • 87
  • 1
Jiming Huang, 7 August 2020, 10:33
Pivot (invalidation): 1.3320 Our preference Long positions above 1.3320 with targets at 1.3400 & 1.3420 in extension. Alternative scenario Below 1.3320 look for further downside with 1.3295 & 1.3265 as targets...
Analytics & Forecasts
  • 90
  • 1
Jiming Huang, 7 August 2020, 10:32 #usd/cad
Pivot (invalidation): 0.9095 Our preference Long positions above 0.9095 with targets at 0.9140 & 0.9175 in extension. Alternative scenario Below 0.9095 look for further downside with 0.9080 & 0.9060 as targets...
Analytics & Forecasts
  • 81
  • 1
Jiming Huang, 7 August 2020, 10:31
Pivot (invalidation): 105.40 Our preference Long positions above 105.40 with targets at 105.70 & 105.85 in extension. Alternative scenario Below 105.40 look for further downside with 105.25 & 105.00 as targets...
Analytics & Forecasts
  • 64
  • 1
Jiming Huang, 7 August 2020, 10:30 #usd/jpy
Pivot (invalidation): 1.3145 Our preference Short positions below 1.3145 with targets at 1.3085 & 1.3055 in extension. Alternative scenario Above 1.3145 look for further upside with 1.3180 & 1.3200 as targets...
Analytics & Forecasts
  • 86
  • 1
Jiming Huang, 7 August 2020, 10:29 #GBP/USD
Pivot (invalidation): 1.1865 Our preference Short positions below 1.1865 with targets at 1.1800 & 1.1775 in extension. Alternative scenario Above 1.1865 look for further upside with 1.1895 & 1.1915 as targets...
Analytics & Forecasts
  • 63
  • 1
Jiming Huang, 7 August 2020, 10:27 #EUR/USD
Minimum initial deposit $100 micro account FXMH Expert Advisor works for this: Currency pairs: EUR/USD Timeframe: M5 Leverage: 1:500 Parameter settings for EUR/USD, M5 MINIM_DAILY_PROFIT = 10000 BATAS_FREE_MARGIN = 10 JAM_ON = 15 JAM_OFF = 20 HEDGING = false PARAMETER1 = RSI PERIOD_RSI = 14 LEVEL...
Trading Systems
  • 76
  • 1
Dian Wahyudi, 6 August 2020, 18:19
The pair maintains positive dynamics and a tendency to further growth, which is facilitated by two strong fundamental factors - the stimulating policy of the Fed, as well as the recently adopted by the EU leaders a program to support the European economy in the form of a package of expenditures f...
Analytics & Forecasts
  • 63
Yuri Papshev, 6 August 2020, 13:07
The boost in oil prices following the Beirut blast pushed WTI crude above its 200-day moving average of $43 pb on Wednesday, but decent offers blocked the way higher above this level...
Market News
  • 85
  • 1
Jiming Huang, 6 August 2020, 09:34
US stocks extended gains as investors saw progress on negotiations for the US’ next fiscal stimulus package as White House made some concessions to end the deadlock, although Democrats ask for more...
Market News
  • 71
  • 1
Jiming Huang, 6 August 2020, 09:34