Swiber’s stock was in a terminal decline as visible from it’s chart. It was falling every year from 2014, there was no support, no indication of turnaround.
High volatility, fireworks accompanying BOJ policy statements these days must be a new trend. Calm and efficient are not words to describe.
Looking at green zone for potential turning point for short. Day – day momentum is up so a valid setup has to show price reaction to green zone/top trend line to signal that they are valid resistance.
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Deutsche Bank and DAX30 chart. Epic trading opportunity of this lifetime or the greatest financial disaster in the making. Keep an eye on this baby. Log-in required.
DXY is strengthening towards 100 and currently above Q2 2016. It is likely for EURUSD and WTI to weaken since both have strong inverted correlation to the Dollar.
Wrapping up Week 29 2016 of forex trading with charts of DAX30, AUDUSD, NZDUSD, USDCAD, AUDNZD and EURUSD. #technicalanalysis