Prada (HKG:1913) Downward Trend

Prada (HKG:1913) Downward Trend






Prada (HKG:1913) Downward Trend Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 24.22. The projected upper bound is: 22.83. The projected lower bound is: 19.69. The […]






Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)






Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street fell for a 4rd day running, as investors continue to run from equities and rushed into safe havens asset due to a negative mood triggered by increasing Brexit fears persisted all through this Tuesday. Wall Street edged lower, although US indexes trimmed half of their daily […]






Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)






Friday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street finished lower Thursday, as participants worried about the possibility of a soon-to-come Fed interest rate hike. The DJIA fell 91 pts but well off its LOD, and closed at 17,435.40, the NAS Comp lost 26 pts to end at 4,712.53, and the S&P 500 finished […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The single currency advanced modestly Vs the Buck Monday. Many European markets were close due to the Whit Monday holiday, leading to limited price action during the London session, situation that extended into the US one. Tuesday the US will release its April inflation figures, expected to advance due […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The EURUSD finished sharply lower for the 3rd session running, falling to 1.1385 before settling at 1.1400. Japan will resume activity after a 3 day holiday, although the reaction may be limited ahead of the release of the US NFPs (Nonfarm Payrolls) report early Friday. Data has been mixed […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD The USD closed the week with a firm tone against most of its peers, mostly weighed by the nonevent that was the ECB meeting. The EURUSD pair closed the week a couple of pips above the 38.2% Fibo retracement of its latest Bullish run between 1.0821 and […]






Wednesday’s Technical Outlook for the DJIA (.DJI)

Wednesday’s Technical Outlook for the DJIA (.DJI)






Wednesday’s Technical Outlook for the DJIA (.DJI) Wall Street was unable to follow the lead of overseas share markets, finishing the day mixed. The DJIA + 0.27% to close at 18,053.60, the S&P 500 adding 6 pts to end at 2,100.80, the NAS comp finished off 0.40% at 4,940.33, this last weighed by weakness in […]