Breakdown of my full weekly watchlist pre-CPI. Also what I have on watch for today, EURUSD and EURCAD.
Today's focus: USD Index Pattern – Ascending Triangle Support – 95.68 Resistance – 96.32 Today, we look at the USD index as price continues to trade rangebound after fighting back from a two-day decline. Could today’s CPI data break the deadlock and give the market some direction? Traders will be watching to see what today’s data could do for rate rise...
Today's focus: AUDUSD Pattern – HL Possible targets – 68.11 – 68.85 Support – 67.17 Resistance – 67.75 Could we see further upside from the AUDUSD? Currently price is bouncing off short-term support. This could continue if some of this week's key news goes in favour of risk markets. The USD has had a solid run recently but could any hints at future rant holds...
Today's focus: Nasdaq /NDX100 Pattern – Ascending Triangle Possible targets – 15,600, 16,500 Support – 15,000 Resistance – 15,220, 15,250 Today we are looking at the Nasdaq/NDX100 as price sits in a continuation pattern just below key resistance. This is an interesting set-up as we have key US inflation data coming out today, and interest rates remain a...
Gold: Price levels and price analysis Today's focus: Gold Pattern – Trend break Possible targets - 1965 Support – 1905 Resistance – 1932.80 As the USD continues its decline since last Friday’s employment data, our attention has turned to Gold as buyers continue to hold outside the downtrend. Price still sits in a range, but for now, the momentum looks to be...
Welcome to the latest market analysis video dedicated to: DAX's bearish structure and sell on rise trade. German and US bond yield curves signal de-inversions ahead, calls for caution for those "long risk." Did Friday's nonfarm payrolls report signal stagflation ahead? Key data to watch out for: US CPI and China's PPI. Technical set up in the dollar index....
- PPI and FOMC meeting tomorrow - SPY & QQQ hourly time tightening range, will break tomorrow -TSLA still full bull control 4h 12 EMA - NVDA falling wedge bull break - AAPL likely testing ATH again, 2D ema 12 full bull control - AMZN daily bull break lacking some follow through - GOOGL weakest of the big techs still only retrace 50% of last weeks pull back - MSFT...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for Bitcoin. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello traders, We are expecting a bullish continuation for SP500, but we have to pay close attention to the price action. Overall the trend is bullish and we expect this consolidation to end soon. There is a chance that the price might continue making local lower lows, but we won't be interested in that and we will only focus on the buy setups. More detailed...
Markets came under pressure in European and US trade although there remains some bulls happy to provide support to big tech and the Nasdaq. US inflationary CPI data came out relatively inline with expectations which, to me, highlight the continued 'sticky inflation' concerns. The US futures initially reacted higher to trap some buyers into the US open but then the...
- NASDAQ:QQQ rising wedge pattern hitting resistance top this morning, - NASDAQ:GOOGL 's AI event helped market bounced off todays intra-day low - GOOGL talked about NVDA a little in its event making NVDA pop a little bit - NASDAQ:NVDA also close to its top of the rising wedge - CPI came in 4.9% estimate was 5% so came in slightly cooler - PPI and jobs...
Pro to the bullish close of GBPUSD with more rejection to the downside, this week's expectation is a bullish close. The break of 1.26301 confirmed our bullish trade, with targets at 1.26887
Bitcoin is forming Another bear flag.expect a sweep to the high around 28.8 and a sweep to the low around 26.8 Ive talked about 2 main possibility for todays move on bitcoin Keep in mind we could see a catastraphic selloff today.Stay glued to the chart Please support me in anyway you can(boost,follow,comment)- motivates me a lot Thanks for watching
- AAPL in sell zone now lots of resistance above it. - a little bit of a red flag was the huge move off the open and then complete sideways throughout the entire day - QQQ double top at its recent highs - SPY double top at FOMC reactions high - CPI data May 10th 5:30am PST - MSFT confirmed bull flag
Hi traders! I'm excited to share with you a detailed video analysis of GBPUSD on the Daily and 4H timeframe ahead of the CPI news for the USD. While on the Daily TF, we're experiencing a bearish trend, we recently reached an important OB area which could indicate a possible 4H drop or pullback that may push the price down soon. However, it's important to note...
An Anticipatory Analysis of Price Action (5) TP3 @ 0.7100 (close trade) (4) TP2 @ 0.6700 (shave 25%) (3) TP1 @ 0.6450 (shave 25%) (2) BSO @ 0.6225 📈⏳ (1) BLO @ 0.6105 📈⏳ ADDITIONAL INFO: 1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order 2️⃣However, if PA...
- Fed minutes Wed 2pm EST - CPI Wed 530 EST - PPI Thursday 530 EST - i would be expecting us to chop into range into CPI and minutes - QQQ / SPY will be using stair stepping candles as a guide to how to trade when data is release.
The market is expecting CPI to come down to 5.2%- why is it soo low? its because the market has priced in that number already. This could be a disaster if CPI comes in high.