Implications and Outlook US equity markets appear to be giving answers to the capital stream flowing int US, therefore well worth keeping a very close eye over the Euro Dollar over the next week or so as we proceed to Key Support 1.1344 , Yearly Low and eventually to Currency Dip 1.1208 .
Populous having 53 mills total supply and 37 mills on the circulating. It's taking part on the financial industry. Currently listed on major exchange like Bithumb, Binance, Latoken, OKEx and KuCoin. Right now the price is sitting on good support as last year support after it's crazy pump close to 14x at the altseason. Right now chart looks solid. Everything...
Commodity Analysis, Implications and Outlook WTI Crude Oil has been flexing its muscle mass from the time it violated Key Resistance of $76.35 on October 1. This empowered the commodity to complete the outer Oil Rally $76.20 , while the price action flagged the beginning of the commodity’s long-term uptrend. Nonetheless, six days into the uptrend and the...
Implications and Outlook Right after plummeting in early morning trading session on Friday, stocks regained a bit of ground in the afternoon session but nonetheless finished the day for the most part lower. With all the decline on the day, the primary indices added to significant losses placed in the last trading session, with DJI sliding 180 points or 0.7% to...
Implications and Outlook With all indices climbing off of their respective day's lows, the NASDAQ Index drove the majority of Thursday lowers by finishing down minus 1.8%. The Index completed its outer Index Rally 7665 on August 29th, and with strong Key Resistance 7660 holding steady causing the market to turn down hard violating Mean Support 7532 and...
Index Analysis, Implications and Outlook All indices climbed off of their respective day's lows, then again even the key S&P500 indices closed down negative 0.8%. The Index completed its inner Index Rally 2941and developed strong Key Resistance 2931. The retesting the Key Resistance for several days posed a severe downturn to make a touchdown via Mean Support...
Implications and Outlook The Japan Nikkei225 retreated from the more recent highs when it comes to cash terms but late in Thursday session held on to somewhat better than Asian counterparts, by slipping just minus 0.56%. The index with further long-term bullish momentum has completed Index Rally 24420 and created Mean Resistance at 24270 . For the last three...
Stock Analysis, Implications and Outlook Microsoft stock rosed 0.02% in the Wednesday trading session, closing at $115.17. The stock price has risen steadily over since Sept 24 and is up by 3.11% over the last two weeks. MSFT stock holds a sell (exit positions) from a short-term perspective due to completing outer Stock Rally $116.30 . On the correction side,...
Implications and Outlook With impressive open rally, the disruption on Mean Resistance of 12431 established on 21st of September and retested on 27th of September will undoubtedly bring intermediate long-term bullish implications, having upside target to completed inner Index Rally 12467 , with further assault on Key Resistance of 12562 . On the flip side,...
Implications and Outlook As stated on 9/14 chart analysis, the Euro Dollar dropped after at forth attempting to break above the critical Key Resistance 1.1797 level throughout the week. However, this is yet still movement in progress; therefore I reckon that this currency pair will continue to go to significant Mean Support 1.1541 .
Index Analysis, Implications and Outlook The S&P500 completed its inner Index Rally and it is posed to test the Mean Support 2889 , while Key Support is resting below. On the upside retest of the Key Resistance is very likely.
Commodity Analysis, Implications and Outlook Crude oil WTI (West Texas Intermediate) contract rose to their highest settlement price in nearly four years on Monday, October 1, hitting the $75 per barrel level rising $2,05, or 2.8% per barrel, lifting energy stocks across the globe. Technical analysis show, the price action has completed long-term Oil Rally...
Commodity Analysis, Implications and Outlook Sugar currently is stuck in a multi-year downtrend. Nevertheless, the decline to the long-term outer Sugar Dip $0.08955 area produces the potential for short to medium term bullish action. Following this bounce, we expect to see the Sugar market to continue the downtrend right up until extends to its historic new...
Implications and Outlook The British Pound is seen flirting with the Mean Support of $1.3030 following tipping the Key Resistance $1.3285 on 20th of September. A convincing break below the current Mean Support will be leading to a subsequent weakness towards lower Mean Support $1.2921. Any breaking down journey will certainly support the negative implication...
Stock Analysis, Implications and Outlook The stock lies under venerable Key Resistance $115.20 of a strong rising short-term trend and a further rise within the pattern is expected towards outer Stock Rally 116.30. On the corrective downside, there is Mean Support at $111.70.
Implications and Outlook Cash made up for the futures trading lack of strength, however, has been refreshing to check out the NASDAQ market creating headway once again. The Index has been the superstar performer for last two days; however, that looks to be rebalancing act at this point. Our Mean Resistance 7562 has been met with vengeance. The next...
Implications and Outlook With Stages 1 & 2 completed, the prices are moving forward to complete the Stage 3 - If you are not a steady TradingSig viewer, act surprised!
will be looking for a rejection off the daily resistance, and from my analysis I predict that the price will fall towards the 1 hour support line followed by a few hours of consolidation, good luck traders! - Pauric Finnegan