Theme images by MichaelJay. Powered by Blogger.

eBay Inc. (EBAY/NASD): general analysis 18 July 2018, 14:26

eBay Inc. (EBAY/NASD): general analysis 18 July 2018, 14:26 Scenario Timeframe Intraday Recommendation BUY STOP Entry P...

Best Fx Strategy
Trade Forex On The Next Level ..

No Loss Trading Strategy


I am only an email away -

Message me...

Free Forex Daily Signals On All Major Pairs


FREE FX TRADING SIGNALS
Our Recent Fx Trading Signals Posted Daily

Jul 18, 2018

eBay Inc. (EBAY/NASD): general analysis 18 July 2018, 14:26

 

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 38.10
Take Profit 39.00, 40.00, 40.50
Stop Loss 37.00
Key Levels 36.00, 37.00, 38.00, 39.00, 40.50
Alternative scenario
Recommendation SELL STOP
Entry Point 36.90
Take Profit 35.00, 34.50
Stop Loss 38.00
Key Levels 36.00, 37.00, 38.00, 39.00, 40.50
Current trend
Today after the market closes, eBay will publish Q2 2018 report. The Wall Street expects a 13% YoY rise in earnings per share to $0.51. According to the results of the first quarter of this year, this indicator met the market expectations, while in the previous quarters, starting from Q3 2013, it exceeded them. The company's revenue growth is expected to reach $2.66 billion against $2.33 billion last year.
During the last week, eBay grew by 2.08% against the growth of the S&P 500 index by 0.91%.
Support and resistance
The price is now consolidating. The key trading range is 37.00–38.00. The current technical picture reflects a possible correction of the issuer. A classic reversal formation emerged – the price and MACD divergence. Indicators do not give a clear signal: the price crossed MA (50); MACD histogram is in the positive zone. It is better to open the positions from the key levels.
The comparative analysis of the indicators of the company and its competitors suggests the neutrality of its share prices.
Resistance levels: 38.00, 39.00, 40.50.
Support levels: 37.00, 36.00.

Trading tips
Long positions can be opened after the price is set above the level of 38.00. The closing of profitable positions is possible at the levels of 39.00, 40.00 and 40.50. Stop loss is 37.00.
Short positions can be opened after the price is set below the level of 37.00 with the targets at 35.00–34.50. Stop loss is 38.00.
Implementation period: 3 days.

GBP/USD: downward impulse persists 18 July 2018, 14:08

 

Scenario
Timeframe Weekly
Recommendation SELL
Entry Point 1.3025
Take Profit 1.2930, 1.2850
Stop Loss 1.3090
Key Levels 1.2745, 1.2800, 1.2850, 1.2910, 1.2930, 1.2975, 1.3000, 1.3050, 1.3110, 1.3150, 1.3180, 1.3205, 1.3225, 1.3270, 1.3350
Current trend
After a significant upward correction in early July, the British currency against the US dollar rushed down again.
This week, GBP lost all its positions and fell by more than 250 points. Today, on a negative UK background, the pair broke down a key support level and a local low of 1.3050 and has consolidated below this mark. Weak data was published on the Producer Price Index, the retail price index and inflation of the United Kingdom. Now, the pair is trading at the level of 1.3030 and is under pressure due to a sharp drop in investment interest in the pound.
At the end of this week, attention must be paid to data on retail sales in the UK and the US labor market.
Support and resistance
The pair continues to trade in the sloping downward channel and has almost reached the lower border of this trend, but due to new circumstances, it is likely that it will break down a strong support level and will go lower. The target marks in the short term are 1.2930, 1.2850. The main catalysts for pressure on the instrument are the growth in demand for USD and the negative fundamental background in the UK.
Technical indicators confirm the fall outlook: MACD shows rapid growth in the volume of long positions on H4 chart and earlier, Bollinger Bands are pointing down.
Support levels: 1.3000, 1.2975, 1.2930, 1.2910, 1.2850, 1.2800, 1.2745.
Resistance levels: 1.3050, 1.3110, 1.3150, 1.3180, 1.3205, 1.3225, 1.3270, 1.3350.

Trading tips
In this situation, short positions may be opened from the current level with targets at 1.2930, 1.2850 and stop loss at 1.3090.

Johnson & Johnson (JNJ/NYSE): general review 18 July 2018, 13:59

 

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 130.10
Take Profit 132.00, 134.00, 135.00
Stop Loss 128.00
Key Levels 123.00, 125.00, 127.50, 130.00, 132.00, 134.00
Current trend
On July 17, Johnson & Johnson published a Q2 2018 report with results higher than market expectations due to increased sales of pharmaceutical products by 20% YoY. Earnings per share increased by 14.8% YoY to USD 2.10. Revenues increased by 10.6% YoY to USD 20.83B, reflecting an 8.7% operating growth and a positive impact of exchange rate differences by 1.9%. In 2018, the company forecasts revenue of USD 80.5–81.3B, slightly below market expectations (USD 81.4B).
In the previous week the stock of Johnson & Johnson grew by 1.36%. S&P 500 index went up by 0.91% during the same period.
Support and resistance
The issuer continues to demonstrate positive dynamics. Yesterday, the growth of #JNJ quotations exceeded 3.5%. The instrument has the potential to further resumption. Indicators show the strength of the buyers: the price has consolidated above MA (50) and MA (200); MACD histogram is in the positive zone and continues to grow. Positions are better to be opened in line with the current trend.
Comparing company's multiplier with its competitors in the industry, we can say that #JNJ shares are neutral.
Support levels: 127.50, 125.00, 123.00.
Resistance levels: 130.00, 132.00, 134.00.

Trading tips
If the price consolidates above the level of 130.00, further growth of #JNJ quotes is possible. Potential profits should be locked in by orders at 132.00, 134.00 and 135.00. Stop loss — 128.00.
A trailing stop is to be used for positions.
Implementation period: 3 days.

Brent Crude Oil: general analysis 18 July 2018, 12:28

 

Scenario
Timeframe Intraday
Recommendation SELL
Entry Point 71.60
Take Profit 70.31, 68.75
Stop Loss 71.90
Key Levels 68.75, 70.31, 71.87, 73.43, 75.00
Alternative scenario
Recommendation BUY STOP
Entry Point 72.30
Take Profit 73.43
Stop Loss 71.90
Key Levels 68.75, 70.31, 71.87, 73.43, 75.00
Current trend
After Monday’s drop, oil prices stabilized. Brent is trading around 72.00–71.50. The decline can resume soon, as the external background remains negative. Investors are concerned about the US-China trade conflict escalation, which can lead to a decrease in the growth of the two leading world economies and undermine the demand for energy. At the same time, the supply deficit due to US anti-Iran sanctions, which could support prices, is balanced by increased production in a number of OPEC countries and their allies. In the first half of July, Russia increased it to 11.22 million barrels per day. By the end of this month, Iraq volumes can grow to 4.7 million barrels per day against the current 4.5 million barrels per day.
Tuesday’s API Weekly Crude Oil Stock release increased unexpectedly: oil by 0.629 million barrels, and gasoline by 0.425 million barrels. In the evening, EIA Weekly Crude Oil Stock will be published, which is expected to reach 3.495 million barrels, but it is unlikely to support the prices significantly.
Support and resistance
The price fell below the level of 71.87 (Murrey [2/8]) and will continue to decline to the levels of 70.31 (Murrey [1/8]) and 68.75 (Murrey [0/8]), which is confirmed by the indicators. Bollinger bands diverge, MACD entered the negative zone. Stochastic entered the oversold zone: correction to 73.43 (Murrey [3/8]) is possible only after the price is set above 71.87.
Resistance levels: 71.87, 73.43, 75.00.
Support levels: 70.31, 68.75.

Trading tips
Short positions can be opened from the current level with the targets at 70.31, 68.75 and stop loss 71.90.
Long positions can be opened from the level of 72.30 with the target at 73.43 and stop loss around ​​71.90.
Implementation period: 3–5 days.

ASX200: technical analysis 18 July 2018, 11:36

 

Scenario
Timeframe Weekly
Recommendation SELL STOP
Entry Point 6200.0
Take Profit 6150.0
Stop Loss 6225.0
Key Levels 6085.0, 6150.0, 6200.0, 6265.0, 6300.0, 6400.0
Alternative scenario
Recommendation BUY STOP
Entry Point 6300.0
Take Profit 6400.0
Stop Loss 6260.0
Key Levels 6085.0, 6150.0, 6200.0, 6265.0, 6300.0, 6400.0
ASX200, D1
On the daily chart, the instrument is trading on the middle MA of the Bollinger Bands. The price remains above its moving averages that are directed up. The RSI is testing its longer MA, having formed a Bearish divergence with the price earlier. The Composite is falling, having broken down its longer MA.

ASX200, H4
On the 4-hour chart, the instrument is trading on the middle MA of the Bollinger Bands. The price remains above its moving averages that are turning horizontally. The RSI is testing from below its longer MA. The Composite is approaching its strong resistance region.

Key levels
Support levels: 6200.0 (local lows), 6150.0 (May highs), 6085.0 (local lows).
Resistance levels: 6265.0 (local highs), 6300.0 (local highs), 6400.0 (May 2007 highs).
Trading tips
There is a chance the downward correction will continue.
Short positions can be opened from the level of 6200.0 with the target at 6150.0 and stop-loss at 6225.0. Validity – 3-5 days.
Long positions can be opened from the level of 6300.0 with the target at 6400.0 and stop-loss at 6260.0. Validity – 3-5 days.

Bitcoin: technical analysis 18 July 2018, 11:27

 

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 7510.00
Take Profit 7656.25, 7812.50
Stop Loss 7400.00
Key Levels 7031.25, 7187.50, 7343.75, 7500.00, 7656.25, 7812.50
Alternative scenario
Recommendation SELL LIMIT
Entry Point 7812.50
Take Profit 7656.25, 7500.00
Stop Loss 7900.00
Key Levels 7031.25, 7187.50, 7343.75, 7500.00, 7656.25, 7812.50
Current trend
Bitcoin quotes show a positive trend.
After testing of a strong resistance level of 7500.00 (Murrey [0/8]), the rate has slightly corrected downwards, however, the tendency to growth still remains. If the buyers succeed in consolidating the rate above the level of 7500.00, the growth to the area of 7656.25 (Murrey [+1/8]), 7812.50 (Murrey [+2/8]) may continue. At the level of 7812.50 there is a strong resistance level, from which there is a high probability of reversal and the formation of a downward correction. Otherwise, breakout and consolidating the rate above the level of 7812.50 will open Bitcoin a path to the level of 10000.00.
Signs of development of a downward correction have not yet been observed. Technical indicators keep a buy signal. Bollinger Bands diverge, indicating an active continuation of the current uptrend. MACD volumes increase in the positive zone. Stochastic is directed upwards.
Support and resistance
Support levels: 7343.75, 7187.50, 7031.25.
Resistance levels: 7500.00, 7656.25, 7812.50.

Trading tips
Buy positions may be opened above the level of 7500.00 with targets at 7656.25–7812.50 and stop loss at 7400.00.
Sell limit orders may be opened at 7812.50 with targets at 7656.25–7500.00 and stop loss at 7900.00.
Implementation period: 1-3 days.

USD/CHF: technical analysis 18 July 2018, 11:04

 

Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 1.0040
Take Profit 1.0100
Stop Loss 0.9995
Key Levels 0.9790, 0.9828, 0.9870, 0.9904, 0.9938, 0.9964, 0.9997, 1.0002, 1.0058, 1.0109
Alternative scenario
Recommendation SELL STOP
Entry Point 0.9920
Take Profit 0.9845
Stop Loss 0.9950
Key Levels 0.9790, 0.9828, 0.9870, 0.9904, 0.9938, 0.9964, 0.9997, 1.0002, 1.0058, 1.0109
USD/CHF, D1
On the daily chart, the instrument tries to consolidate above the psychological level of 1.0000. Bollinger bands reversed upwards, and the price range is widening, which indicates the strengthening of the pair. MACD histogram is in the positive zone, its volumes are growing, keeping the buy signal. Stochastic does not give a clear signal for entering the market.

USD/CHF, H4
On the 4-hour chart, the instrument strengthened in the upper part of Bollinger bands. The indicator is directed sideways, while the price range remains unchanged, which indicates the maintenance of the current trend. MACD histogram is in the positive area, keeping the buy signal. Stochastic entered the overbought area.

Key Levels
Resistance levels: 1.0002, 1.0058, 1.0109.
Support levels: 0.9997, 0.9964, 0.9938, 0.9904, 0.9870, 0.9828, 0.9790.
Trading tips
Long positions can be opened above the level of 1.0035 with the target at 1.0100 and stop loss 0.9995. Implementation period: 1–3 days.
Short positions can be opened below the level of 0.9925 with the target at 0.9845 and stop loss 0.9950. Implementation period: 2–3 days.

NZD/USD: general review 18 July 2018, 10:56

 

Scenario
Timeframe Intraday
Recommendation SELL
Entry Point 0.6751
Take Profit 0.6700, 0.6675
Stop Loss 0.6800
Key Levels 0.6669, 0.6692, 0.6730, 0.6762, 0.6790, 0.6825, 0.6845, 0.6875, 0.6903, 0.6933
Alternative scenario
Recommendation BUY STOP
Entry Point 0.6805
Take Profit 0.6840
Stop Loss 0.6785
Key Levels 0.6669, 0.6692, 0.6730, 0.6762, 0.6790, 0.6825, 0.6845, 0.6875, 0.6903, 0.6933
Current trend
This week, the pair is trading in a narrow price range near local lows.
Yesterday morning, the instrument climbed 60 points, breaking the psychological level of 0.6800. However, in the afternoon, the progress was rolled back due to the release of positive data on retail sales (despite a slowdown in wages) in the US. In addition, the volume of industrial production in June rose by 0.6%.
At the same time, commodity currencies suffer from the slowdown of China's economy and the weakening of the yuan. Published yesterday in New Zealand, Consumer Price statistics reflected the expected decline in growth, due to falling prices for food and raw materials.
Today at 14:30 (GMT+2) the data on the real estate market will be published in the US. The key event of Wednesday is the speech of the head of the Fed Jerome Powell, who has expressed confidence in the economy and adhered to the "hawkish" views on the interest rate during the year.
Support and resistance
In the H4 chart, the instrument could not break out the moving average of Bollinger Bands and started to decrease. The indicator is directed horizontally and the price range is steady, which indicates further correction. MACD histogram is correcting in the neutral zone. Stochastic entered the oversold area; a strong buy signal can be generated during the day.
Support levels: 0.6762, 0.6730, 0.6692, 0.6669.
Resistance levels: 0.6790, 0.6825, 0.6845, 0.6875, 0.6903, 0.6933.

Trading tips
Short positions may be opened from the current level with targets at 0.6700, 0.6675 and stop loss at 0.6805.
Long positions may be opened above the level of 0.6800 with target at 0.6840 and stop loss at 0.6785.
Implementation period: 1-2 days.

Best Binary Options Signals Service Providers


Binary Options Pro Signals
Top-Rated Signals for Binary Options

Up to 88% per Trade Our winning binary options signals will generate up to 88% profit PER TRADE. Stocks and Currencies We monitor 14 assets through London and US Market Sessions. SMS, Email and Web Signals will be sent to you Real Time via SMS/Text, Email or both!

Binary Options Pro Signals Click here...
Binary Trading Signals Live!
Join now and get LIVE, exclusive access to..

KILLER Binary Options and Forex Strategies We Use Daily INCREDIBLE In Depth Market Analysis On Multiple Assets QUALITY Trading Education and Discipline Training Binary Options Trading Signals Is The Premier Signal Service For Binary Options As You Watch A Live Trader With Over 10 Years Of Experience!

Binary Trading Signals Live Click here...
Quantum Binary Signals
Professional trading signals sent to your mobile.

Follow our trades today and make up to 270% a day. Real hedge funds traders with 20 years of experience, Up to 5 trades a day by email or SMS, Simple and takes only two minutes a day.. Binary options, forex, commodities, stocks and indices, 75-85% monthly success rate, No experience needed..

Quantum Binary Signals Click here...
Night Owl Signals
The most amazing thing is here..

Our service is astonishingly easy to use. Night Owl Signals Is A Live Trading Room Which Offers Traders A Unique Experience Following And Watching A Professional Trader Trade Live. The Service Starts At 8:30 Pm And Goes Until 10:00 Pm On Monday Through Thursday.

Night Owl Signals Click here...

Contact Us


No Loss Forex Trading Strategy
Click on Contact me.. >>>


If you are interested or have any questions - Contact us!