In our last forecast, we correctly forecasted the pair to start a pullback.
In the coming week, we foresee the price to make a correction before dropping again, having a great chance to reach the confluence created by the support level and the trendline.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely...
In our previous analysis, we forecasted that the price will drop towards the support. Immediately after it made a strong bullish impulse.
In the coming week, we foresee the price to enter a bigger consolidation phase that has the potential to become a slow start to a bullish impulse, but that remains to be seen in the near future.
Trade with care.
Best...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
NQ1! is sitting around its ATH and 15k round number so we will be looking for sell setups on lower timeframes.
on H1: NQ1! is forming a symmetrical triangle in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it....
Hello everyone, if you like the idea, do not forget to support with a like and follow.
US500 is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes.
on H1: US500 is forming a channel in blue but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in...
Good morning, folks! For those of you in Canada, I hope everyone had a great holiday to start the week. Let's get right into today's analysis. After rolling sell programs yesterday to kick-off the month of August, US Futures are drifting higher on Tuesday with the Dow up 0.25% to 34,808, the S&P up 0.22% to 4,389.50, the Russell up 0.46% to 2,221.10, and the...
Last week, our forecast came true as the British Pound started a strong bullish move that reached our resistance target.
In the coming week, we expect the bulls to slow down and enter a corrective phase that will be the trigger for another bullish impulse.
Keep an eye on Thursday’s Bank of England’s Interest Rate decision as it may heavily impact the pair.
Trade...
Hello traders, Dollar Index in 1 Hour Timeframe This analysis is prepared in 1 hour time frame but has been published for a better view in 2 hour time frame.
The dollar index is still forming wave 3 microwaves.
The first probability that the price will move to the bottom of the pink channel after breaking Fibo 0.618 (Fibo 1.618 for wave 3 and Fibo 1.27 for wave C)...
Evening everyone!
Back again, we're discussing what we've been speaking about this week and what happens next.
A LL has been printed on the chart over the course of today - Will we see new highs again on this timeframe?
Let us know below!
In our previous forecast, we correctly anticipated Gold to make another attempt and break the resistance area.
In the coming week, we are expecting Gold to make a fake breakout, trapping some buyers, before ending the correction cycle with a bearish move that has the potential to break the support area.
Trade with care.
Best regards,
Financial Flagship
...
Hello traders and welcome to the August NFP-week. It promises to be a volatile one. In a word, the Oxford English Dictionary defines "august" as "impressive": as has historically been the month of August for Gold.
Last Saturday the Chinese PMI fell below 50.5, the lowest reading since the COVID-outbreak of February 2020. They say China is the factory of the...
Volatility is a trader's lifeblood . Since 2009-- and the end of the 1990's for that matter-- volatility has been absolutely crushed on the race to zero commissions and iPhone trade gurus. Without volatility , there is no risk and opportunity (sides of the same coin).This has resulted in nominal yields across all major G7 economies falling to all time lows.
The...
Trend Analysis
The main view of this trade idea is on the 4-Hour. The Dollar Index found some support around the 91.80 price level and is consolidating in a sideways or rectangular fashion between 91.80 and 92.20. Expectations are for the Index to break above the pattern and rally towards the 92.60 zone.
Technical Indicators
The reversal in recent declines in...
In our past analysis, we correctly forecasted that EURUSD will start a bullish move that will reach the orange trendline.
For this week, we are expecting one of two scenarios to unfold:
1. It will either consolidate above/underneath the trendline and it will reach the resistance;
2. It will depreciate and break the $1.17 low.
We incline towards the second...
![DXY: $DXY [D1] Betting on a lower Dollar next 2 quarters](https://s3.tradingview.com/x/XvCmWQ7J_mid.png "$DXY [D1] Betting on a lower Dollar next 2 quarters")
