USDCHF D1 - Carried forward from last week, big daily S/R structure here, seen the downside break, looking for the subsequent retest and to find resistance at circa 0.90400. No stacked confluences here, just a simple break and retest of daily S/R, daily candlestick confirmation would be a must. Probably be more inclined to use this pair as a comparison pair, to...
Price is following the path we thought it would. We see a weaken dollar against other currencies. We will be looking for buying opportunities as the week develops.
Hi dear traders Here we have great signs to buy USD/CAD the analyse is from JAN 2020 to now so there is the big support area touch ! and RSI and MADC ! My first target is 1.3235 Good luck !!
bullish trend on daily chart, broke short term bearish trend. Biden won election. Good for weed stonks. BUY BUY BUY
With or without a retest, we're ending at ATH before january.
A short post, with few important points: With record low interest rates globally, the carry trade with the short-side in yen is somewhat losing its popularity. Some of the reasons why are: => The carry premium isn't worth the risk any longer. Lately currency markets have been quite volatile, question is whether this will continue. If we get a somewhat more...
#USDJPY: (1D): As expected, the downtrend continued to the downside, finally breaking the descending triangle after ranging in it since June. What we need now is a retest of it. Fundamentally, the sell off is to be addressed to Biden winning, which means more fiscal stimulus for the US and a freer approach to trade. This results in a weaker domestic...
The greenback could fall as Joe Biden takes the keys to the White House . LET ME KNOW IN THE COMMENT YOUR OPINION ABT THIS SUBJECT, THANKS ! NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
S&P 500 and presidential elections
Now the price possible going lower, beacuse need to create a LowerHigh, and than the price move to the upside to 2000$ price area.
E-mini S&P 500 Futures (ES) (November 8th 2020 through November 19th 2020) Low: 2531 points High: 3590 points This may be too drastic to happen, or to happen right away. No chance? I understand the longer I keep talking about a market crash that hasn't happened (yet) the sillier I look. If something major doesn't happen this month, are we still on track to...
#EURUSD: (1D): Technically speaking, we saw the price respecting the uptrend, holding above the 200 EMA as a confirmation. We are also seeing a broken flag to the upside, preceded by a double bottom. Fundamentally (current market mover), Biden election sentiment is reflected in the last rally. The main reason being Democrats' foreign policy more permissive,...
The Market is at a pivotal moment where we could see significant downside, or possible upside. Ill be waiting to see how the market reacts to the election when futures open up Sunday night. At the moment we are up against a large resistance on the daily and if rejected due to a news type catalyst, hold on to your ass cause we are gonna find suport and quick, but I...
Currently, I reckon Biden most likely will fall to 49, and President Trump will go up to 45. Place your bets, ladies, and gentlemen! My watchlist for election day: - XAU/USD If President Trump wins, my XAU/USD sentiment is super bearish. - US30 If President Trump wins, my US30 sentiment is super bullish. - USD/JPY If President Trump wins, my USD/JPY sentiment...
Gold on the way to finish last leg up to perhaps at the current level or more to as high as $2030/Oz. Then a downtrend may resume for much lower level perhaps to as low as $1400 in the coming months or so.
With a Biden victory declared moments ago, what could be next for BTCUSD? Let's take a look at some Technical indicators: Since March, the correlation between BTC and the USDOLLAR index has had a near perfect negative relationship. For those of you trading stocks as well, it has been a general consensus that Biden will be bad for the Dollar initially and if he...