Блог Sumon
WTI Crude Oil: technical analysis 2022-07-22 13:23
Current trendQuotes of WTI Crude Oil have continued to decline since the end of last month and have now left the ascending channel, testing the 95.45 mark (Fibo retracement 50.0%). Consolidation of the price below it will allow the movement to continue up to 87.50 (Fibo retracement 61.8%, Murray [-2/8]). The key for the "bulls" is a strong resistance level of 102.50 (Fibo retracement 38.2%, the middle line of the Bollinger Bands), the breakout of which will act as catalysts for upward dynamics to the …
The Walt Disney Co.: the formation of the global downstream
The Walt Disney Co.: the formation of the global downstream channel continuesShares of the entertainment industry's largest media conglomerate, The Walt Disney Co., are trading in a downward corrective channel around 104.00.
ScenarioTimeframe WeeklyRecommendation BUY STOPEntry Point 111.10Take Profit 128.00Stop Loss 107.00Key Levels 90.00, 100.00, 111.50, 128.30Alternative scenarioRecommendation SELL STOPEntry Point 99.90Take Profit 90.00Stop Loss 105.00Key Levels 90.00, 100.00, 111.50, 128.30
ScenarioTimeframe WeeklyRecommendation BUY STOPEntry Point 111.10Take Profit 128.00Stop Loss 107.00Key Levels 90.00, 100.00, 111.50, 128.30Alternative scenarioRecommendation SELL STOPEntry Point 99.90Take Profit 90.00Stop Loss 105.00Key Levels 90.00, 100.00, 111.50, 128.30
CAD/JPY: Ichimoku indicators analysis
On the daily chart Tenkan-sen line is above Kijun-sen, both lines are directed upwards. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading between Tenkan-sen and Kijun-sen lines. The closest support level is Kijun-sen line (104.88). One of the previous maximums of Chikou Span line is expected to be a resistance level (107.39).RecommendationOn the four-hour chart the instrument is still rising. On the daily chart the Bullish trend is stil…
GBP/CHF: Ichimoku indicators analysis
Trading Analysis of USD/CAD
Analysis:While the price is above 1.2715, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2925
- Take Profit 1: 1.3000
- Take Profit 2: 1.3100
- Time frame: D1
- Recommendation: short position
- Entry point: 1.2715
- Take Profit 1: 1.2470
- Take Profit 2: 1.2365
USD/CHF
USD/CHF BUYING CONTINUE
USD/CAD
Trading Analysis of USD/CADAnalysis:While the price is above 1.2715, follow the recommendations below:Time frame: D1Recommendation: long positionEntry point: 1.2859Take Profit 1: 1.2900Take Profit 2: 1.3100Alternative scenario:If the level 1.2715 is broken-down, follow the recommendations below:Time frame: D1Recommendation: short positionEntry point: 1.2715Take Profit 1: 1.2470Take Profit 2: 1.2365