Preferred direction: BUY Comment: Not long ago, I managed to take an excellent long trade on this currency pair from the level of 1.36545. This upward movement continues and against the backdrop of a general strengthening of the US dollar, this trend is likely to continue. The current growth target is a local maximum at the level of 1.39000. Thank you for...
In early September, we made what turned out to be a pretty accurate call on crude, predicting that $95~ was the target. CL WTI Crude Oil - Getting In Sync With The Market Makers In July, after analysis, I predicted that the target for crude in the intermediate term is actually a 3-or-4 handle, based on reading the tea leaves of yearly bars. Oil - A New...
Oil Brent W1 - The price has formed a 3-wave structure, which may indicate a trend reversal, and if this scenario is implemented, it will be possible to potentially see the price at the level of 66.30. Judging by geopolitical data, due to the rise in oil prices and the growth of the asset, there was a local movement. To confidently enter sales, it is better...
Oil prices rebounded after experiencing losses last week, primarily due to expectations of a tight supply situation for the rest of the year. This rebound was driven by key factors, including the commitment of major oil producers Saudi Arabia and Russia to maintaining production cuts until the end of the year. The decrease in the U.S. oil rig count also played a...
Preferred direction: SELL Comment: The trading idea for gold, proposed on Friday before the NFP, remains relevant. Here at the level of 1981.683 we expect a fall. A significant part of what was expected before the fall has already been realized, and at the beginning of this week, most likely the potential for the fall will be realized. Thank you for like and...
Preferred direction: BUY Comment: Short-term purchase of the US dollar is also considered for the USDCAD currency pair. Here the intraday potential is even more promising. A recovery is expected in an area that was support not long ago. Thus, an increase to 1.37000 is expected and even the targets are considered a little higher. Thank you for like and share...
Preferred direction: SELL Comment: The new week began with the continued weakening of the US dollar. However, based on technical and volumetric analyses, a correction in favor of the American currency is visible. Thus, one of the promising currency pairs for implementing this idea is the pound. Here a fall is expected towards the level of 1.23500. Thank you...
💬Description: On Friday evening, just before the market closed, the metal renewed its local high. This made sellers nervous, and most of them bought the market with a minus on their account. However, the instrument is unlikely to develop this offensive by buyers now, and a rollback to 1948.160 is expected in the near future. The price may go even lower under ...
Crude Oil remains under a strong bearish pressure. First, the market violated a solid rising trend line on a daily, Second, a wide horizontal zone of demand. The broken horizontal and vertical structures compose and expanding supply zone now. I will expect a bearish movement from that to 78.6 - the next horizontal support. ❤️Please, support my work with...
Update for WTI Crude Oil. The price nicely respected the underlined supply zone that we spotted earlier. We can see how nicely the price reacted to that yesterday. We may expect a bearish continuation now. Goal - 78.56 ❤️Please, support my work with like, thank you!❤️
Preferred direction: SELL Comment: The currency pair has grown significantly in recent times, including within the framework of our previous trading ideas. Now the instrument is more likely to roll back. It is necessary to take into account the upcoming Fed meeting, based on this, a fall below 1.38000. Thank you for like and share your views!
ALL things in marcket show you the oil price in the way to GET PRICE LIKE 90 $ OR MAYBE MORE AND YOU CAN FEEL IT , JUST CHECK NEWS ....
💬 Description: Today, the instrument is at the level of 87.45 and is most likely to prepare for a fall in the more medium term. But here it is necessary to take into account the geopolitical background, which greatly influences oil. Today, an idea is proposed, the time frames of which are within the day. Namely, long for the purpose of local updating of the...
💬 Description: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD , namely to look up (look at the chart) . But most likely, there will be volatility during or after the meeting of the Central...
WTI Crude Oil formed a double bottom formation after a test of a solid rising trend line on a daily. Its neckline was broken this week. The broken neckline and a trend line compose a contracting demand zone now. A bullish continuation will be expected to 93.7 level from that. ❤️Please, support my work with like, thank you!❤️
Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no...
Crude Oil is consolidating within a range on a solid support. 85.8 is the resistance of the range. If the price breaks and closes above that next week, I would suggest buying the market, anticipating a bullish continuation at least to 87.6 level. ❤️Please, support my work with like, thank you!❤️
Oil Brent The nearest target is at 96.00 in continuation of the 5th wave on D1 H4 - there was a fixation behind the correctional channel and a 3-wave structure may form, which may indicate continued movement up the trend. What to expect now? Expectation of breaking through the level - 89.25, locally the target is 91.40 - 94.88 When opening a...