Sentences with phrase «so in a downtrend»

The Shanghai Composite and Emerging Markets are biased to the upside with the Chinese market doing so in a downtrend while Emerging Markets are gaining strength.

Not exact matches

If the downtrend in the ringgit continues, the company may need to revise its recruitment strategies so that the company stays competitive, she added.

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.

We prefer lower risk entry points, so we look to build a position much earlier in the base using a combination of downtrend line breakouts, higher swing lows, and the 50ma.

The strong rally in Ethereum Classic is the move of the day so far, but all of the majors show signs of healing, although most if the coins remain in short - term downtrends.

There's no RBNZ meeting but data has taken a turn for the worse since the last policy meeting with inflation falling to the bottom of the RBNZ's target so the downtrend for both currencies should remain in tact.

Coffee prices are still trading under their 20 and 100 - day moving average as the trend is lower and the downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved in next week's trade.

Ethereum Classic continues to be the weakest major short - term, trading in a steep downtrend after falling below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait for some strength before entering new positions, despite the attractive price levels.

So, in a downtrend like we see below, the stop loss would be just above the tail of the pin bar, when I say «just above» that can mean about 1 to 10 pips above the high of the pin bar tail.

I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term downtrend line remains intact.

FXE (CurrencyShares Euro Trust) remains in a strong downtrend / sell signal but this portfolio is not shorting stocks so it remains in cash on the FXE position.

Looking back in history, the markets have had much more growth periods than downtrends (about 7 to 1) so investing today is statistically better than holding on to your cash.

So, in a downtrend like we see below, the stop loss would be just above the tail of the pin bar, when I say «just above» that can mean about 1 to 10 pips above the high of the pin bar tail.

Whereas, in a downtrend, «value» is seen at resistance, since the price has rotated higher within the broader downtrend; so it's a good «value» to sell from resistance in a downtrend.

So, when an overbought 2 - period RSI actually succeeds in pushing the market down, we know that a downtrend has begun.

Here, you see that the pair has been in downtrend, so you decided to take out your Fibonacci retracement tool to help you spot a good entry point.

The pair XAUUSD, however, has slowed down on its downtrend approach so far today; it is currently trading around $ 1287.50 and has been moving in range of $ 1287 - 89 for the majority of Asian and European market hours.USD saw a temporary slowdown in momentum yesterday during American market hours post release

However, Bitcoin in particular has proved to be a strong cryptocurrency and has recovered from the many downtrends it has faced so far in its 9 years of life.

As volatility makes a comeback in crytocurrencies, more so in Bitcoin, the price of the biggest digital coin falls below $ 9,000 and below the very trendline it broke out of last week, signalling the resumption of downtrend which started from its January high.