This is more about momentum than exact numbers over the next 2 days.
Tomorrow, the jobless claims and Job Cuts reports come out at 8:30am. Typically this doesn't matter but in the current economic situation we should be seeing some volatility early before market open. I am expecting a slightly positive report because they have been becoming more positive,...
So Gbpcad is breaking higher,more upside to come?
Cad has been suppppperrrr weak across majors.
But,do be mindful it has been very extended on its up run.
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AN showing some sign of stabilizing at current level..
open to more downside or will it push up further?
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Wedge formation on h4?Let's see it will push higher or drop further.
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rejected the key R zone,looking to short on this cross
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Hello,Traders!
GOLD has made a pullback
From the horizontal resistance level
Just as I predicted in my previous analysis
Now, the price is in the lymbo
Between the resistance at1810
And the nearest support level at1720
So we will be able to tell the
Potential direction of the next move
After the retest of the one of these levels
IF the current support breaks...
traders i have created a cheat sheet for newbie traders to help with there technical analysis in trading, help with drawing support and resistance areas and pattern recognition, hope this helps u guys.
Looking for SPY to test 50% retracement from Covid lows to the highs. will be in the $360 - $350 range. Should support fail there, which I believe is likely, and then be confirmed by volume next target is $317. Ultimately I do not consider it out of the question a possibility of $247
EXPALINING MY BUY SETUP ON AMD
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I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to...
As we can see from the chart $op is in a falling wedge, indication of a reversal pattern, bullish.
I see a breakout from or before 13th Sept 2022, give or take a few days in either direction, with a target of 1.316
Don't shoot the messenger. I am not a professional.
I think you are going to see a breakdown of AMC to about $6.15. The last three candles on the chart is a bearish formation, it recently broke its trendline and there is no buying volume. It is at a heavy resistance at around $9.70.
There is also the subject of parity with APE. Where the 2 prices meet in the...
NASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward.
Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is...
EURUSD is showing strong potential of trading below the breakeven parity level and I highly believe that by the end of August we could break the parity level and trade below it for the rest of 2022.
Looking at price action on this one I see 0 reasons for buying, in fact all we are forming is constant lower highs and lower lows... which suggests we are in tune...
bitcoin on the weekly, support and resistances drawn, fibs to consider. overall market sentiment is currently bearish, with optimism. September Fed rate review is something to consider. $btc seems content being under $22k for now
I've been tracking the patterns and algorithms and it's been following it pretty religiously for a while, but I know that it sometimes just inverts itself to throw people off. I think that might be the case right now and if so, this is an estimate of what we can expect moving forward.
ETHUSD par is at a critical stage to move towards a new bullish trend.
The .382 fibonacci retracement was successfully overcome, i.e. the bearish trend is weaker right now.
Next big step is break the 200 periods moving average with over mean volume.
The key these days is not to lose 3300 level.
![SPY: SPY Chart [Bullish]](https://s3.tradingview.com/z/Z89GC29d_mid.png "SPY Chart [Bullish]")
