Hi good morning happy Sunday! These are the level i will discuss for short entry if we do come back up to the value area high again. Thank you again and i hope you enjoy this one.
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
In today's video I just go over some of my general thoughts about the corn market and some of its current technical and fundamental factors that I believe are driving the market. Hope you enjoy and stay tuned for more! :) CBOT:ZC1! CBOT_MINI:XC1! AMEX:CORN
Based on the fundamentals that we saw coming out on Friday, the market response in the S&P 500 is an anxiety attack based on a nervous outlook for the market. I do not look for a dramatic move lower on Monday without new fundamental information to create an increase in anxiety.
USDCAD Technical Analysis - The USDCAD pair breaks the key resistance area and extends the rally above the channel. daily chart, We can see that USDCAD broke the key resistance of 1.3620 following the hot US CPI report and extended the climb to the top of the channel. This has opened the door for a climb to the 1/3862 resistance, so buyers will look for...
With improving PPI data, buyers returned to the S&P 500 on Thursday. The challenge now will be can they follow through and maintain an upward movement going into the weekend which would be a sign of confidence.
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
After the dramatic move lower in the S&P 500 on Wednesday, the expectation would be for this market to catch its breath on Thursday. This means another large move lower would not be expected. However, it's important to keep in mind that on Thursday PPI will be released and this could create more dramatic volatility to the downside.
A brand-new cycle for the Japanese economy is in the making with a higher inflation to come and a weaker yen. When the Bank of Japan hiked interest rates for the first time in 17 years, the Japanese Yen instead of strengthening, it crashed. Micro Japanese Yen Futures Ticker: MJY Minimum fluctuation: 0.000001 per JPY increment = $1.25 Japanese Yen Futures &...
Everything was pretty much said in the video. Basically price reached a higher timeframe Premium Array on the 3D chart, so now I have the expectation of lower prices based on the lower timeframe Premium Arrays, specifically a 2h Sibi. Today is CPI, so anything can happen. Price can always go above and beyond what is ordinary in such events. - R2F
Love what i'm seeing here on Morgan Stanley pre=earnings next Tuesday. I want to see us continue to build liquidity in this very controlled orange selling channel where we can then find yellow to activate and bring us further up for a breakout of orange and beyond. My price target for the next few weeks is in the $99-104 range, earnings dependent. Obviously, as...
This is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond. Happy Trading :) - TraderDaddyOG
The stage is set in the S&P 500 for Wednesday's CPI report. The bias for this market is to move higher but it's important to keep in mind when this result comes out the market reaction is 50-50.
In this video, I shared my view on NZDJPY. Trader take note of the powerful fundamental factor to be released on this pairs tomorrow Wednesday. Your views are welcome in the comment box.
Hey Traders, In this video I will cover an in-depth study on how the decisions of Central Banks concerning interest rates dictate the velocity of any market move in Forex. This is something you really need to know if you are trading any FX pair, especially the JPY or CHF. The deviation between the central banks of the two is a growing deep and this is driving...
Technicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...
With the market focusing on the CPI numbers coming out on Wednesday, a quiet day in the S&P 500 is expected for Tuesday.
Hello hello everyone, Long time no see. Its been a while since i've been doing updates but its good to be back again. We have some very interesting plays that we are ready for. Let's start with a few 1. #EURUSD - been in a very long range on the daily and what really caught my eye is the formation of a potential quasimodo pattern and a breakout to the upside....