Our in-depth analysis throughout 2024 has consistently identified a strong upside for precious metals. This aligns perfectly with the predictions outlined in our Annual Letter 2024, where we highlighted a significant rally for gold and silver. Current market trends indicate this uptrend will hold until April 22nd, 2024. While a temporary correction may follow, our...
In a financial feat that has stunned market analysts, BlackRock ( NYSE:BLK ) has shattered records, boasting a staggering $10.5 trillion in assets under management (AUM) in the first quarter. This milestone, coupled with a remarkable 36% surge in profit, underscores BlackRock's dominance in the global investment landscape. The surge in AUM, propelled by a robust...
This is something I look at in terms of health (outlook) for PM mining stocks (see GDX and GDXJ etfs) Mining stocks have been battered in recent times but just when everyone gives up on them is probably a decent contrarian time to start looking for higher prices the ratio of small miners/big miners looks like it is about to break out a little higher which...
As we unpack the current EUR/USD chart dynamics and dovetail this with ECB President Lagarde's latest remarks, it's clear that the market is perched on the edge of potentially significant shifts. Technical analysis: EUR/USD is threading through a bearish channel, which has been the arena for its recent price action. The currency pair has closed below the support...
Spot Gold recovered some of the ground lost on Wednesday and trades near its daily high at $2,350.69. XAU/USD showed little reaction to Thursday’s headlines as the European Central Bank (ECB) unveiled its decision on monetary policy. On the one hand, the central bank left its monetary policy unchanged, as expected. On the other hand, officials maintain a cautious...
Honorable Traders, Greetings to you all. It is with great pleasure that we present our incisive analysis of the NZDUSD. Our meticulous scrutiny has yielded the following insights: • Short-Term Outlook: We anticipate a bullish momentum. • Mid-Term Perspective: The trajectory seems poised for growth. In light of these projections, we propose a tactical approach as...
let me know if you used this i see a doji coming to reestablish for the buyers.
Market Structure Bullish on HTF Weekly and Daily at same AOI Strong Weekly Close (Bullish Engulfing) Weekly EMA Retest Weekly Rejection at AOI Around Psychological Level 0.89000 Daily Rejection At AOI H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every...
We see rounding capitulation, possibly signalling the first 1/3rd of a cup and handle. If we look in the bottom volume pane we see the point of engulphment; see X (circled blue) STATEMENTS// *DISNEY 1Q REV. $23.55B, EST. $23.8B ( MISS ❌ ) *DISNEY 1Q ADJ EPS $1.22, EST. 99C ( BEAT ✅ ) *DISNEY 1Q DISNEY+ SUBSCRIBERS 149.6M, EST. 151.2M ( MISS ❌ ) *DISNEY SEES...
In my opinion, the type of coming and capping was an incentive for new buyers, and by creating liquidity and zeroing the momentum and divergence in the cap, I think it is reasonable to correct with risk and loss limit.
Earnings Outlook: Analysts are projecting earnings of $2.64 per share, a slight dip of 1.5% compared to the previous year and with revenues estimated to be around $21.38 billion, marking a 13.6% decrease year-over-year, there are certainly some intriguing dynamics at play. ------------------------------------------------------------------------------------- I'm...
📊Analysis by AhmadArz: 🔍Entry: 606.4 🛑Stop Loss: 598.2 🎯Take Profit: 614-623-633 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Given the downtrend in NZD/USD, I am looking to initiate a short position targeting 0.59434. The ongoing bearish momentum indicates potential for further decline, presenting an opportune moment to capitalize on market sentiment and potentially yield profits. Dollar has been strong. That level has a high probability of being taken out.
I'm selling the euro against the Canadian dollar, and the recent increase in prices is just a temporary correction. My overall view is still bearish, so I'm targeting a sell price of 1.46047. I expect this target to be reached within the next four weeks, but it's important to be patient in trading. I'll keep you updated on any developments as needed. Pair might...
Hello traders, EUR/USD is slowly and gradually inching upwards. Last week our buy@1.0740 worked perfectly. At the moment, I am seeing a rather interesting development on the 4H chart. EUR/USD seems to have broken out of the descending trendline resistance level. However, note that there is no confirmation of the breakout yet However, if price does break out in...
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
A, B, and C formation… Where the peak is A, consolidates at B and up to C, will eventually pull back to sweep to B b4 it continues its whatever
🔎As you can see, on the 12th of February, I believed in a fall on the euro, after hitting the first our target (1.06950 ) the euro started an upward retracement movement in the weekly time frame and became expensive in the weekly time frame and after reaching the important weekly level(blue rectangle) in the Daily and 4H timeframes structure changed to sell...