Tag archive for ‘resistance’
By gossewestra On Monday, December 18th, 2017
0 Comments

Gold Prices Seek Out Resistance at Prior Support

Talking Points: – Gold prices are recovering early-December losses after last week’s rate hike from the Federal Reserve. – Retail traders are aggressively long Gold with IG Client Sentiment currently More...

By gossewestra On Monday, December 18th, 2017
0 Comments

Intuit Inc. (INTU) Climbed Past Resistance At The Highs

Intuit Inc. (INTU) rose steadily during the first hour of trade Friday, but settled into a range for the rest of the session. The stock closed up by 3.46 at $159.65 on above average volume. Intuit rose past the More...

By gossewestra On Thursday, November 30th, 2017
0 Comments

EUR/USD Price Analysis: Bullish Outlook Mired by Slope Resistance

To receive Michael’s analysis directly via email, please SIGN UP HERE EUR/USD Daily Chart Technical Outlook: EURUSD broke above down-channel resistance (red) on November 14th with the subsequent test and More...

By gossewestra On Thursday, November 30th, 2017
0 Comments

EUR/USD Bulls Respond to CPI-Induced Dip; WTI Tests Bull Flag Resistance

Talking Points: – This morning brought the most recent Euro-Zone inflation numbers to the table, and the missed-print brought a quick support test in the Euro that, at this point, has been soundly faded out More...

By gossewestra On Tuesday, November 28th, 2017
0 Comments

EUR/NZD Carves Double Top Formation into Resistance

To receive Michael’s analysis directly via email, please SIGN UP HERE EUR/NZD Daily Chart Technical Outlook: EURNZD has been trading within the confines of a broad ascending pitchfork formation extending More...

By gossewestra On Tuesday, November 21st, 2017
0 Comments

Ethereum Price Rally Stalls Ahead of Key Resistance Targets

To receive Michael’s analysis directly via email, please SIGN UP HERE ETH/USD Daily Chart Technical Outlook: We’ve been tracking this rally in Ethereum prices since the breach above the November opening More...

By gossewestra On Tuesday, November 21st, 2017
0 Comments

U.S. Dollar Begins Test of Key Resistance Zone as Bulls Remain Bashful

Talking Points: – The U.S. Dollar has trickled into a key zone of prior support/current resistance. – Retail sentiment has normalized in many USD-pairs, although EUR/USD remains stretched beyond the More...

By gossewestra On Tuesday, November 21st, 2017
0 Comments

Wynn Resorts Ltd. (WYNN) Climbed Past Resistance At The Highs Of The Year

Wynn Resorts Ltd. (WYNN) gapped open higher Monday and climbed throughout the morning. The stock settled into a range in the afternoon and closed up by 4.68 at $156.96. Wynn Resorts rose past the upper end of over More...

By gossewestra On Monday, October 23rd, 2017
0 Comments

Oil Flirts With Resistance as US Output Falls, OPEC Looks at All Options

Talking Points: – Crude Oil Prices Flirt With Resistance as U.S. Production Narrows, OPEC Endorses ‘All Options.’ – USD/JPY Gaps Higher Following Japan Election; Outlook Mired by 2017 Range. – More...