Title
by Americanbulls.com LLC
Last Update
07/08/2020
DKKSAR
DANISH KRONE / SAUDI RIYAL
Last Signal: SELL
Last Pattern: BEARISH DELIBERATION BLO..
Last Close:
0.5931
Change:
-0.0044
Percent change
-0.74%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.5973, and our valid average selling price stands now at 0.5962. The previous BUY signal was issued on 05/08/2020, 2 days ago, when the currency rate was 0.5951. Since then DKKSAR has risen by +0.18%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20200.5962SELL $11,568
05/08/20200.5951BUY $11,549
03/08/20200.5924SELL $11,559
22/07/20200.5818BUY $11,287
16/07/20200.5733SELL $11,297
29/06/20200.5656BUY $11,102
12/06/20200.5675SELL $11,112
26/05/20200.5511BUY $10,686
22/05/20200.5502SELL $10,696
19/05/20200.5501BUY $10,704
14/05/20200.5443SHORT $10,829
08/05/20200.5458BUY $10,889
04/05/20200.5508SELL $10,899
27/04/20200.5460BUY $10,782
16/04/20200.5485SELL $10,792
09/04/20200.5493BUY $10,824
01/04/20200.5547SELL $10,834
25/03/20200.5439BUY $10,558
11/03/20200.5660SELL $10,568
21/02/20200.5439BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$1/day
† Short Swap: +US$10/day
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20200.5962SELL $12,394
05/08/20200.5951BUY $12,375
03/08/20200.5924SELL $12,385
22/07/20200.5818BUY $12,113
16/07/20200.5733SELL $12,123
29/06/20200.5656BUY $11,928
12/06/20200.5675SELL $11,938
26/05/20200.5511BUY $11,512
22/05/20200.5502SELL $11,522
19/05/20200.5501BUY $11,530
14/05/20200.5443SHORT $11,655
08/05/20200.5458BUY $11,715
04/05/20200.5508SELL $11,725
27/04/20200.5460BUY $11,608
16/04/20200.5485SELL $11,618
09/04/20200.5493BUY $11,650
01/04/20200.5547SELL $11,660
25/03/20200.5439BUY $11,384
11/03/20200.5660SELL $11,394
21/02/20200.5439BUY $10,816
17/01/20200.5570SHORT $10,137
13/01/20200.5589BUY $10,208
03/01/20200.5602SELL $10,218
10/12/20190.5566BUY $10,133
04/11/20190.5585SELL $10,143
30/10/20190.5588BUY $10,161
22/10/20190.5585SELL $10,171
02/10/20190.5505BUY $9,968
20/09/20190.5533SHORT $9,794
13/09/20190.5562BUY $9,892
11/09/20190.5535SHORT $9,964
04/09/20190.5537BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$1/day
† Short Swap: +US$10/day
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20200.5962SELL $13,346
05/08/20200.5951BUY $13,327
03/08/20200.5924SELL $13,337
22/07/20200.5818BUY $13,065
16/07/20200.5733SELL $13,075
29/06/20200.5656BUY $12,880
12/06/20200.5675SELL $12,890
26/05/20200.5511BUY $12,464
22/05/20200.5502SELL $12,474
19/05/20200.5501BUY $12,482
14/05/20200.5443SHORT $12,607
08/05/20200.5458BUY $12,667
04/05/20200.5508SELL $12,677
27/04/20200.5460BUY $12,560
16/04/20200.5485SELL $12,570
09/04/20200.5493BUY $12,602
01/04/20200.5547SELL $12,612
25/03/20200.5439BUY $12,336
11/03/20200.5660SELL $12,346
21/02/20200.5439BUY $11,768
17/01/20200.5570SHORT $11,089
13/01/20200.5589BUY $11,160
03/01/20200.5602SELL $11,170
10/12/20190.5566BUY $11,085
04/11/20190.5585SELL $11,095
30/10/20190.5588BUY $11,113
22/10/20190.5585SELL $11,123
02/10/20190.5505BUY $10,920
20/09/20190.5533SHORT $10,746
13/09/20190.5562BUY $10,844
11/09/20190.5535SHORT $10,916
04/09/20190.5537BUY $10,942
14/08/20190.5600SELL $10,952
05/08/20190.5592BUY $10,941
22/07/20190.5630SHORT $10,720
18/07/20190.5652BUY $10,799
16/07/20190.5632SHORT $10,853
10/07/20190.5649BUY $10,919
01/07/20190.5699SELL $10,929
20/06/20190.5647BUY $10,802
12/06/20190.5668SELL $10,812
04/06/20190.5649BUY $10,772
28/05/20190.5605SELL $10,782
23/05/20190.5613BUY $10,814
16/05/20190.5611SHORT $10,770
30/04/20190.5632BUY $10,846
23/04/20190.5639SHORT $10,778
15/04/20190.5677BUY $10,900
22/03/20190.5704SELL $10,910
12/03/20190.5665BUY $10,817
05/03/20190.5682SELL $10,827
18/02/20190.5685BUY $10,845
04/02/20190.5745SELL $10,855
25/01/20190.5729BUY $10,823
11/01/20190.5762SELL $10,833
07/01/20190.5740BUY $10,785
02/01/20190.5738SELL $10,795
28/12/20180.5748BUY $10,832
26/12/20180.5703SELL $10,842
18/12/20180.5706BUY $10,860
11/12/20180.5697SHORT $10,834
28/11/20180.5706BUY $10,878
23/11/20180.5710SELL $10,888
14/11/20180.5682BUY $10,824
08/11/20180.5730SHORT $10,657
06/11/20180.5742BUY $10,709
17/10/20180.5803SHORT $10,367
05/10/20180.5792BUY $10,358
27/09/20180.5888SELL $10,368
11/09/20180.5835BUY $10,238
30/08/20180.5870SELL $10,248
27/08/20180.5849BUY $10,203
23/08/20180.5817SHORT $10,269
17/08/20180.5730BUY $10,058
10/08/20180.5792SHORT $9,843
08/08/20180.5840BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$1/day
† Short Swap: +US$10/day

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Middleeastbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Middleeastbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Middleeastbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Middleeastbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.