i analyzed this a while back and completely forgot about. but when i opened the price chart i noticed that price is reacting off significant market price structures. basically, on the Monthly price chart... price is reacting to liquidity pool covering price areas from 0.91000 to 0.90600 which is based off monthly supply of proximal price 0.91000 and prev....
the trade bias on this idea is strictly based on technical analysis. going straight to the monthly price chart liquidity pool ranging from 28.08800 to 26.39800 has been the current significant price area in control of price since a rejection from the area in 01 march 2022. price has been also showing signs of bearish rejection from price levels @ 25.40550...
2023 has been a thrilling year in the financial markets with fears of a recession with rising inflation and continued interest rates hikes, WHAT A YEAR! but even with the trials and tribulations many investors have faced sailing the deep seas on the financial markets here are the top 5 biggest one-year percentage gains on the NASDAQ Exchange 2023 : 1. Jin...
since 17 November the Gopher has been trading in a parallel bearish channel failing to trade/close above and above it, with the top and bottom trendline of the channel acting also as dynamic support and resistance. price has found itself in weekly liquidity pool made of significant levels - (i) weekly supply of proximal price of 146.700 now acting as demand on...
on the daily chart price has been on a steady rally breaking previous bearish structure where i witness resistance levels now acting as support. this upside movement is due to price finding demand around the 0.63700 to 0.62800 price areas with the most impactful price being demand at proximal price 0.63500 which is currently in control of price. this increase in...
the oil markets find themselves in a bearish chokehold with a number of factors weighing down on it such as the OPEC ( Organization Of Petroleum Exporting Countries) are expected to meet later this month on the 26 November 2023, there is a strong sentiment that they are expected to continue to cut production and distribution due to weak global demand. technically...
price is in a bearish parallel channel and is failling to trade above 140.000 price areas. i have short targets to daily demand of proximal price @ 137.300 put together by : @currencynerd , pako phutietsile supply and demand!
demand level of proximal price @ 101.500 is in control of price , targets levels at nov 22 price areas at supply level of proximal price @ 112.000 supply and demand in combination with price action! put together by : pako phutietsile, @currencynerd
gbpusd , great british pound / u.s. dollar (the cable) economic outlook : on May 11 2023 the BoE is meeting and it is expected that they will hike the interest rates and even though on May 3 the Fed are also expected to lift rates there is a interest rate differential as the Fed are also planning to pause raising interest rates which could signal the british...
xauusd , gold spot / u.s. dollar 2023 ... will gold reach new highs ? the precious metal has been trading in a consolidation phase since second quarter of 2020, trading between 2 significant levels of average price of low @ 1687.000 and high @ 1933.000. market momentum changed from bullish to bearish @ $1933 making a -7.15% loss in price to current price, i...
eurusd euro / u.s dollar price found support @ 0.96000 price areas where it made the low of 2022 also having been in an overall downtrend for the year. since gaining some bullish momentum from the support, price made a +14% recovery to current price. price is currently failing to climb higher as it has found some resistance @ 1.00000 price areas, this...