Gold GOLD/ U.S. Dollar GCZ20 The Gold traded well below the 1940.00 swing point, but never closed below it. This rally should take them to new highs to remain very positive, if no new high happens, or a slightly higher high (2100.00 major Gann square) and then right back below previous high
Fibonacci Retracements Bitcoin 10,050 target has been hit BITCOIN After holding the swing point of 8850, this was 23.6% back to the 3/13/20 low, they have now retested 61.8% back to the 6/26/19 high, this is 10,050. As we have mentioned before, the long term
E6U20 E6U20 Update Upside target is 1.1815 E6U20 The Euro currency long term swing point is 1.1375 this is 38.2% up to the 2018 high, it is also a major Gann square. It has now traded above this level for 5 days and as long as it remains above there
Bitcoin Bitcoin Caught between two major Fibs The long term target on the break from 61.8% at 10,050 remains at 6380, this is based on the 61.8% rule. The break from this area has also held 23.6% of the rally at 8850. So, they are now caught between
Soybeans, Soybeans Update Soybeans The Soybeans based on the nearby chart continue to rally from the 78.6% retracement on 4/22/20 at 815.00 and have now had a couple closes above the 200 day moving average. The first target based on the 78.6% rule is 920.00, this is
Fibonacci Retracements Featured New ONE44 Analytics Video This is an intro to using Fibonacci retracements
Fibonacci Retracements ESM20 update The S&P retested the long term swing point at 2930.00 and broke again. In general when a market fails to make a new high/low after the first corrective move, the following move should be much bigger than the first. In this case we know that the
Fibonacci Retracements ESM20 update For those of you who have read the Fibonacci rules and guidelines on our website, you would know that once they have reacted from 38.2% the next target on a close through this was going to be 61.8%, this is your 2930.00.
Fibonacci Retracements The Fibs don't lie For anyone who may doubt the validity of the Fibonacci retracements and the proper way to use them, you only have to look at Friday's action, one of the most chaotic day's ever to see their value.
Fibonacci Retracements ONE44 Soybeans and Fibonacci The Soybeans are currently above the 200 day average at 890.50 and above our long term swing point of 885.00 based on the nearby contract. When we look further back to see what Fibonacci retracements are at work, (chart attached) we can see that the 945.00 level
