Trading Ideas

The medium term USDPLN price forecast is bullish. The USDPLN price is testing the support of a  flag chart pattern and the Fibonacci 38.2 level below the 200-period moving average MA(200). Most likely the price will reflect off the support and rise while there is a likelihood it may start declining and breach below the support as the price fails to breach above Fibonacci 38.2 level.

The medium term AstraZeneca stock price forecast is bearish. The   AZN stock price is retracing down after reflecting off the resistance of a flag chart pattern . Most likely the price will continue falling under the 200-period moving average MA(200) after breaching below the Fibonacci 38.2 level while there is a likelihood it may reverse and start rising to test the MA(200) and resistance again....

The medium term Goldman Sachs stock price forecast is bearish. The GS stock price is testing a resistance after breaching above it and reflecting off Fibonacci 38.2 level. Most likely the price will continue falling and return below resistance to test the 200-period moving average MA(200) while there is a likelihood it may reverse and start rising to test again the Fibonacci 38.2 level.

The medium term EURJPY price forecast is bullish. The EURJPY price is testing the support of a  flag chart pattern and the Fibonacci 23.6 level above the 200-period moving average MA(200). Most likely the price will reflect off the support and rise while there is a likelihood it may breach below the Fibonacci 23.6 level and support and continue declining.

The medium term GBPSEK price forecast is bullish. The GBPSEK price is retesting the Fibonacci 61.8 level and the support of a flag chart pattern under the 200-period moving average MA(200). Most likely the price will reverse and start rising while there is a likelihood it may continue declining and breach below Fibonacci 61.8 and support of the flag pattern.

The medium term COPPER price forecast is bullish. The COPPER price is testing the Fibonacci 38.2 level after breaking above the resistance of a flag chart pattern and the 200-period moving average MA(200). Most likely the price will rebound and start rising while there is a likelihood it may continue falling and break below the Fibonacci 38.2 and retest the MA(200).

The short term EURAUD price forecast is bullish. The EURAUD price is retracing up after testing the support of a flag chart pattern. Most likely the price will continue rising toward the Fibonacci 21.6 level while there is a likelihood it may reverse and start declining to retest the support again.

The GBPNZD price forecast is bearish. The GBPNZD price is testing the support of a descending triangle chart pattern above the 200-period moving average MA(200). Most likely the price will breach below the support and continue falling after it breaches below the MA(200) while there is a likelihood it may fail to breach below support and start rising as it reverses up.

The medium term Tesla stock price forecast is bullish. The TSLA stock price is rising after breaching above the 200-period moving average MA(200), Fibonacci 61.8 level and resistance of a  symmetric triangle chart pattern. Most likely the price will continue advancing while there is a likelihood it may reverse and start declining to test again MA(200) and Fibonacci 61.8 level.

The NATGAS price forecast is bullish. The NATGAS price is retracing up after testing the support of a flag chart pattern. Most likely the price will continue rising after the test of the support as it tests the Fibonacci 61.8 level. It will likely continue rising after breaching above the Fibonacci 61.8 while there is a likelihood it may reverse and start declining toward the support again if it...