💬 Description: The key price movements happen around the level of 1.38271 for the USDCAD currency pair. A particularly important point for traders trading on a breakout. Now the instrument has accumulated enough strength, and there is also all the technical base for a comfortable entry into a long position. The next two days will accumulate important data...
Preferred direction: BUY Comment: For the Canadian dollar, as part of the general strengthening of the US dollar, we also expect a strengthening of the American currency. Here oil can come to the aid of the Canadian, which is expected to slightly recover in price. However, the local target is still located above the current price, behind the local highs. ...
Oil Brent W1 - The formation of a 3-wave structure continues D1 - The price has reached 161 lvl. 3rd wave, which may mean further movement down to level 200 - 261 H4 - The price is in the correctional 4th wave, you can see the formation of an ascending channel. If the lower trend line is broken or fixed behind it, further sales to the levels of 75.4 can...
Retesting a broken daily horizontal structure, Crude Oil formed a tiny double top pattern on an hourly time frame. The neckline of the pattern was broken after the market opening with a gap and a consequent strong bearish candle. We can anticipate a further bearish continuation. Goals: 75.9 / 75.5 ❤️Please, support my work with like, thank you!❤️
Brent on the daily chart, I see a technical signal that BRENT OIL is going up to test 87. After closing 2 days above 87 or crossing 87.6, the target will be 90 and 92.5 Stop loss 81
💬 Description: In the foreign exchange market at the beginning of the week, USD competitors attempted to continue growing, but as expected, the American took the hit and the currencies began to correct downward. At the moment, a rather tense situation has formed, however, for such currency pairs as EURUSD , USDCAD there are clear signals for a temporary...
Important update for WTI. Price action analysis. Important key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
In this video, we embark on a comprehensive analysis of UKOil, with a specific focus on the prevalent bearish sentiment observed in the 1-month (1M) and 1-week (1W) timeframes. Notably, our charts reveal that Brent has approached a critical support level, a pivotal juncture. Throughout this presentation, we delve into the fundamental tenets of technical analysis,...
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 ...
Trading Setup: A Trading Signal is seen in the WTI BLACKBULL:WTI Oil Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 80.34 ⭕️SL @ 79.31 🔵TP1 @ 82.69 🔵TP2 @ 85.35 🔵TP3 @ 90.55 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
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...