Watch Giancarlo Prisco continue to offer his expertise in equity indices insight. Set aside 15 minutes to widen your perspective as our host analyses the momentum shifts and feasible breakouts based on the past week's performance.
Today's focus: US30
Pattern – Diagonal
Support – 38,135, 37,135
Resistance – 38,810
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 on the daily chart.
What a solid run we have seen till yesterday's CPI data. After US CPI came in hotter than expected, this shocked the market and led to heavy selling on stock indexes and...
Today's focus: XRPUSD
Pattern – Descending
Support – .4960
Resistance – .5337
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRPUSD on the daily chart.
We have reviewed levels and possible price patterns, focusing on current support and resistance levels. Will we see buyers push forward from the current mini breakout, or is...
Today's focus: BTCUSD
Pattern – Continuation (Bullish)
Support – 41,450, 38,514
Resistance – 44,713, 47,540
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Bitcoin on the weekly chart.
So far, so good, as buyers continue to push at resistance and push forward with a bullish continuation idea. After rejecting the last low and...
Watch Giancarlo Prisco's equity indices expertise provide vital financial market insight. Set aside 15 minutes to widen your perspective as our host analyses the momentum shifts and feasible breakouts based on the past week's performance.
Today's focus: Oil
Pattern – Support Hold
Support – 71.80
Resistance – 78.80
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil.
After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current...
Today's focus: USDJPY
Pattern – Consolidation Watch
Support – 146.20
Resistance – 148.50, 151.70
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY.
After US employment data shocked on Friday and lifted the USD, we are wondering if we will see trend continuations on the USDJPY. So far, the price continues to travel on...
Today's focus: GBPUSD
Pattern – Consolidation Watch
Support – 1.2665, 1.2610
Resistance – 1.2751
Hi, and thanks for checking out today's video update. We are looking at the GBPUSD today as the price continues to consolidate in a rough ending diagonal pattern. We have also chosen the cable as we have the UK rates decision to come out later today. Depending on...
Today's focus: AUDUSD
Pattern – Continuation/resistance break
Support – .6566, .6545
Resistance – .6620
Hi, and thanks for checking out today's update.
Today, we have run over the AUDUSD breaking down levels we have seen form and what we are looking for after tomorrow's Australian CPI data. Combined with the USD, there are a few scenarios. We have done our best...
Today's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor...
Today's focus: AVAX
Pattern – 50% Fibbo, HL low analysis.
Support – 29.22
Resistance – 33
Hi, and thanks for checking out today's update.
Today, we are taking a look at AVAX (Avalanche) on the daily chart. Looking at price with a Fibonacci retracement tool on the chart, we can see that price lines up at the 50% point. This point also lines up with a previous...
Today's focus:
Pattern – Continuation, resistance test.
Support – 37,400
Resistance – 187.63 - 184.35
Hi, and thanks for checking out today's update.
Our focus today is on the GBPJPY pre-Bank of Japan. Looking at price, we can see it continues to trade on fast trends higher but has stalled at resistance.
The market could now be waiting to see what's next...
Today's focus: US30
Pattern – Consolidation / ascending triangle pattern.
Support – 37,400
Resistance – 37,770
Hi, and thanks for checking out today's update.
Crypto had a mainly higher but, in some cases, muted response to news that BTC ETFs will become a reality. We have run over some of the news and moves since yesterday.
The US30 is today's chart, and...
Today's focus: ETHUSD
Pattern – Consolidation / ascending triangle pattern.
Support – 2166
Resistance – 2371
Hi, and thanks for checking out today's update. Today, we are looking at ETHUSD on the daily chart.
What's next for Ethereum? Will we see a new leg higher break resistance? A lot will come down to the SEC and its pending approval of the BTC ETF, but it...
Today's focus: USDX
Pattern – Minor Support.
Support – 102.06
Resistance – 102.52
Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart.
Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in...
Welcome to 2024 Traders and Tradingview community. So far this week, we have seen plenty of volatility to start the new year. Crypto has seen solid moves, and the USD has been mainly positive into the first week of the year.
The JPY has also been seeing movement, but mainly to the downside into 2024. It's the majors that have caught our attention today as we...
Today's focus: US30
Pattern – N/A
Support – 36,280
Resistance – 36,900
Hi, and thanks for checking out today's update. Today, we are looking at US30 on the daily chart.
Today's video asks if US30 will continue to track higher despite being well off its moving average. This can be a warning if you believe in mean revision. The other point we are looking at in...
Today's focus: USDX
Pattern – LH Resistance push
Support – 102.45
Resistance – 104.12 - 104.35
Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart.
Today's video asks if USDX will continue to remain below resistance and possibly break lower if today's CPI data comes in lower than expected. We are mainly focused on...
