The price perfectly fulfilled my last idea. It hit the target. FX:GBPNZD pulled back to the support level after a bullish move on the daily timeframe. Price broke the previous resistance zone, which is the support level now. I think if the price rejects the support level, we will have a pullback into the range zone. I expect a bullish move from the support level...
Hello traders. Yesterday after the push down, I took a small Buy position ( 0.01 lots) and decided to let it run for a while. Currently watching to see what happens as we near the zone marked on the chart. I am up a hunderd pips or so as of this writing. ( $10.37 to be exact ). After yesterday's push down, I used a super small lot size to be in the trade,...
AMEX:SPY Tomorrow’s Trading Range Tomorrow’s Trading range. I’m keeping an eye on that 35EMA just below us. That has been a support
EURJPY is trading in a bullish trend on a daily. After the price set the last high, the market started a correctional movement within a bullish flag formation. The resistance of the flag was broken yesterday with a strong bullish imbalance. We can anticipate a bullish trend continuation now. Goals: 161.44 / 162.5 ❤️Please, support my work with like, thank you!❤️
Two days ago, I said that OANDA:XAGUSD is trading in important support and, in the eventuality of a break, the price could fall further and could drop to the next important support level. However, after flirting with 22.20-22.30 zone support, the price reversed strongly yesterday, leaving a large Bullish Engulfing candle on our chart. This price development...
Good morning gold gang .. hope you are all well wow yesterday we caught the only 2 decent moves to be had on gold and banked over 100 pips. Reallll nice range is messy!! very messy going into big friday so we need to see some strong closures in order to create a bias i have current algo level buys ready to go for london once liquidity is taken but nothing...
AMEX:SPY SPX Daily RSI Analysis So the full walkthrough of this RSI analysis is at the end of tonights video but hopefully you can read this. The last bearish divergence gave a 10% drawdown down to the 200DMA
BUY ABOVE - 45110 SL - 44900 TARGETS - 45330,45570,45800 SELL BELOW - 44900 SL - 45110 TARGETS - 44610,44430,44270 NO TRADE ZONE - 44900 to 45110 Previous Day High - 46200 Previous Day Low - 44900 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
The important stuff kept quick. Yellow line = guideline, one of many possible outcomes, helps me with backtracking, it should not be followed, instead focus on trends and price targets Green = support, expect bounces Support trends = 1 weak short term support likely to fail, but backed up with a much stronger trend. Weekly RSI dropping, Likely only one decent...
In today's trading session, we're eyeing a buying opportunity on USDJPY around the 148.900 zone. USDJPY recently broke through a significant resistance area and is currently in a correction phase, approaching the retrace area. Technical Analysis: USDJPY's recent breakout above key resistance levels signals potential bullish momentum. The pair is now in a...
Walmart's Earnings Report: Navigating Market Reaction and Embracing Growth Opportunities Walmart's recent earnings report sparked a market reaction that many deemed an overreaction, considering the positive trajectory revealed in the company's outlook for 2023. Despite initial disappointment from Wall Street, there are three compelling reasons to believe that...
McDonald's: A Time-Tested Investment Recipe for Long-Term Success McDonald's, an iconic symbol of the fast-food industry, has not only defined the sector but has been a consistent performer, enriching investors globally. Despite its historical success, a prudent investor must evaluate the potential for future returns. Here are three compelling reasons why...
Gold Price Recovers After NFP-Induced Slump The gold market experienced a tumultuous ride following the release of robust US Nonfarm Payrolls (NFP) data, leading to a significant price swing. This article aims to provide insights into the factors influencing gold's recent performance, combining both technical and fundamental perspectives. Technical Analysis:...
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 97.300 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 97.30 support and resistance area. Trade safe, Joe.
Hi Realistic Traders, let's delve into the technical analysis of NYSE:DIS Following the breakout of the bearish trendline and double bottom pattern (signaling a Bullish Reversal), Disney sustained its upward trajectory beyond the double bottom and the EMA90 Line. Furthermore, a falling wedge pattern emerged near the EMA90 Line, suggesting a continuation of...
Earlier this week, a New York court ruled that Ripple Labs must make its financial statements for 2022-2023, as well as other documents requested by the Securities and Exchange Commission (SEC) public by Feb 12. Ripple has now asked the judge to extend this deadline by eight days to Feb 20, court documents show. The SEC has accepted this request. The price of XRP...
FX:EURUSD tested downtrend resistance earlier, bears are keeping the price down and forming a tight stance amid a strengthening TVC:DXY . On the high timeframe we see the current bearish trend, within which the price movement will continue until more favorable times. The target in the medium term may become the area of 1.06300 - 1.0450 On H4 we are...
BINANCE:BTCUSD is in the uptrend phase, actively and quite confidently holding back all negative news. The price is forming a retest of 43250, realizing price consolidation above the 50-day moving average. Pic: Uptrend. Price is testing the trend boundaries, but continues trading inside the range The market continues to form an uptrend since the formation...