Sergey Golubev / Blog
The economic outlook if the Fed does not trigger a recession is quite positive and gets better as time goes by. Consumer spending is likely to grow just in pace with the economy. Few consumers are stretching beyond their incomes, and few are withdrawing from spending...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance and 118.32 support levels on W1 timeframe for the uptrend to be continuing...
Reducing trading to it's most basic fundamental level What is happening? Why do prices fluctuate? Why should order flow play a critical role in your methodology? It's an auction. When buyers overwhelm sellers, the market goes up. When sellers overwhelm buyers, the market goes down...
The Euro turned lower against the British Pound as expected after producing a Shooting Star candlestick below the 0.74 figure. A daily close below the 23.6% Fibonacci expansionat 0.7149 exposes 38.2% level at 0.7005. Alternatively, a move above the 14.6% Fib at 0...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance and 118.23 support on W1 timeframe with good signal for the secondary correction to be started within the primary bullish on open weekly bar...
US Dollar - "Moderated rate expectations reinforced by tepid data, but it’s capability as a fundamental driver is diminished considering the time frame yields imply and the persistent buoyancy of the Dollar – a rate hike may come later but it is still a hike among QE programs...
Chinkou Span line of Ichimoku indicator is going to be crossed weekly price from below to above for good possible breakout of the price movement within the primary bearish nearest support level 0.7187 and nearest resistance level is 0...
D1 price is on primary bearish with secondary bear market rally with good breakout which was started in the beginning of the previous week: The price is located below Ichimoku cloud/kumo and near Senkou Span A line (which is the virtual border between the primary bullish and the primary bearish o...
The British Pound rose for a fourth consecutive day against the Japanese Yen, with prices now eyeing resistance above the 178.00 figure. Near-term resistance is at 178.74, the 38.2% Fibonacci retracement, with a break above that on a daily closing basis exposing the 50% level at 179.94...
Tenkan-sen line is below Kijun-sen line of Ichimoku indicator on W1 timeframe with 1.0461 support level for primary bearish market condition. AbsoluteStrength indicator and TrendStrength indicators are marking for ranging market condition to be started in the middle of the March for weekly price...