Weekly Profiles. Research them. Also hmu if you are a forex trader! @rayxama on discord
Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data expected to influence the Federal Reserve's stance on cuts. interest rates. While the dollar's decline overnight - after weaker-than-expected US gross domestic product data - brought some relief to Asian currencies, this was largely offset offset by continued...
XAU improved after Jerome chairman spoken. Jerome Powell is Chair of the Federal Reserve of the United States HiGH RI NYSE:K *** Forex (SWING) XAUUSD SELL Entry zone: $2,323 to $2,328 SL: $2,335 *Disclaimer* We do not provide financial advice, all content found in our channels is for education purposes only. We will not be held liable for any actions...
Smc is trending up. And as more projects come, the fundamentals remain strong. All that remains is to buy and hold. Added my position in this stock. 118 book value per share and current price is below it. This thing is both undervalued and a steal to go long.
Trader Tom, an investing.com technical analyst explains his EURUSD SELL idea using price action and a top down approach following the aftermath of the FED interest rate decision. This is one of many trades so if you would like to see more then please join us and hit the boost button.
After the volatility seen on Wednesday in the S&P 500, the expectation is that Thursday will be a day for the market to catch its breath before labor numbers come out on Friday. This means trading inside Wednesday's range on Thursday.
BMY is here on the daily chart. The double top and death cross of the EMA moving averages makes for a strong candidate to short with shares or take put options. A comparsion of the most recent earnings report with the previous one sixty days earlier tells most of the story. The dual time frame RSI indicator shows ongoing wekaness. I will short BMY here and...
SBUX on the dialy chart may be another candidate to short while the general market remains challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk. SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX...
TAP appears to to have fallen into support on a good earnigns beat Perhaps traders were expecting a better beat. It is now 15% below the resistance zone where shorts will take positions and longs will sell- off. TAP has sales and consumer loyalty in its brands. It is free of the controversies that had bogged BUD down. I see this as an opportunity to get...
The current gold price is trading around 2,323 USD/ounce. The golden boy immediately regained the mark of 2,300 USD/ounce after yesterday's sharp decline to 2,285 USD/ounce. The spot price of gold (XAU/USD) soared last night to more than 2,328 USD/ounce after Fed Chairman Jerome Powell spoke. Mr. Powell affirmed that cutting interest rates now is inappropriate...
Stats according to Coinmarketcap and CoinGecko - Marketcap ---------------115 million Fully Diluted Marketcap---1 billion Circulating Supply ------226.5 million Total Supply ------------2.1 billion All Time High (release) -----$1.54 Total Value Locked (BTC before airdrop began) - 2.8 billion - which is amazing! The current situation is that people are unloading...
EURNZD analyzes currency pairs using a mix of fundamental and technical analysis, supplemented with some sentiment indicators such as the Commitment of Traders (COT) report, Leading Economic Indicators (LEI), external and endogenous factors (EXO and ENDO), and seasonal trends. Let’s break down the analysis: 1. Fundamental Analysis LEI, EXO, ENDO: All are...
I'm not a financial advisor, and investing in cryptocurrencies involves risks. The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors. If the market condition continues to be bullish we might break to the upside. The bearish target is around 2$ The bullish target is around 8.5$ but might...
5/1/24 - vrockstar - like the prints so far this year, great niche, good b2b unaffected by consumer issues all around but valuation not "obvious" outside of a beat which they should deliver on the MSD range top line. any miss or in line would probably yield a 10-15% correction where you can dip buy w/ more confidence which is my plan. otherwise sidelines on a good...
Another lovely trade set up Imbalance was just filled below after news event and huge wick needs to be filled Again to the upside
We made almost 240 pips from our golden area last day
The recent delay in approving a spot Ethereum ETF by the SEC has dampened some of the bullish sentiment surrounding ETH. This news contributed to the correction from higher levels, alongside a broader crypto market pullback. Falling Channel/Wedge and the $4400 Target: The current chart pattern for ETH/USD does resemble a falling channel or wedge. This pattern...
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.