The focus today will be the Consumer Price Index (CPI), a market-moving inflation report from the United States. I am expecting high volatility. Although the data is unpredictable, we can sometimes gain a bias from chart analysis. It would be wise to look at DXY (the USD Index). DXY (USD Index) - buyers returned close to the 61.8% retracement level of 101.92....
**The Canadian dollar (CAD) surged against the Japanese yen (JPY) in January due to the yen's dramatic fall to record lows. This weakness in JPY caused all JPY pairs, including CADJPY, to rise significantly.** However, the trend seems to be reversing. The yen has begun to strengthen in February and is expected to continue this bullish momentum throughout...
#DOTUSDT | 1 HOUR TIMEFRAME UPDATE We can expect that #DOTUSDT will come to the zone of $10.420 - $10.280 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. Once the price reaches the grey area I mentioned, I'll give you the targets.✔️ Invalidation below $10.200
Very important news folder today. Looking for sells down to possible buy area of 2055 area
GBP/USD remains sidelined above the 1.2800 mark early Tuesday. The pair is awaiting the UK employment data for a fresh trading impetus. Traders also stay on the edge ahead of the critical US CPI inflation data. Despite near-term bearish momentum, the pair remains well above the 200-day Simple Moving Average (SMA) at 1.2586. The pair has climbed 3% bottom-to-top...
After analyzing the bitcoin situation, I would like to note the situation with ETH. This asset has not been pummeled by big players, so it has not yet managed to reach its ATH. I believe that in the near future it will not be able to do so either. A large number of long positions will also prevent us from going higher, but in the case of ETH the situation is much...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 76.50 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 76.0 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2165 zone, XAUUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend 2165 support and resistance area. Trade safe, Joe.
Entry Point: 85 - 90 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always...
Bagholder Phase is upon us...don't stick around hoping for more here you're going to get dumped on and be sad.
Identify market direction/bias. Identify the current trading range. Use Fibs to identify discount/premium levels. Identity an AOI/POI inside the discount/premium level. Go to a LTF an wait for liquidity sweep/grab and CHOC. Wait for retest price normally creates a new cycle and once CHOC happens you can get in on the retest.
see how to market behave ext lvl to lvl its simple but want to passions
see how to market behave ext lvl to lvl its simple but want to passions
Middle level important for the next day and upside and downside for week
Middle level Important for 12.3.24 and up side and down side important for week
AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical...
GBP/JPY is on a relentless uptrend fueled by ultra-low interest rates in Japan. On Friday, The Bank of Japan (BoJ) Governor Kazuo Ueda stated that it was too early to declare victory on inflation. On the other hand, the currently prevailing technical recession in Japan could lead to BoJ delaying its plan to tighten the monetary policy. All these factors are...