Currently, I see a potential Bearish "Megaphone" pattern or potential Bearish Broadening wedge. Short-term bearish assumptions for the gold price are the potential targets 1, 2, and 3; that's the strongest support. Technical analysis Plan A: If the price can break out and close below the potential target 3, I reckon XAU/USD will keep falling to retest the...
If the candle can stay below the broken trendline, I reckon Euro will reach the final target at the end of March or mid-April. Catalyst: - Fed Chair Powell Testifies - US GDP
As long as it stays below the strong resistance, I reckon EUR will falling to the targets in the next few days. This analysis fails if the price breakout above the resistance. Catalyst: - Price action - US CPI - Fed Chair Powell Speaks - EU Economic Forecasts - Unemployment Claims
Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in...
Chinese regulators summon Tesla on quality issues as consumers complain about the quality. Regulators say electric-car makers must abide by Chinese laws and regulations as consumers complain about quality problems. Catalyst/Source: - www.wsj.com
Currently, I'm still looking for the best price to enter a long-term investment. The technical analysis gives a hint that it possible for CCL to recover. We can see a potential Golden cross on the daily time-frame and a Broadening Wedge Patterns or "Megaphones" on the weekly. Sooner or later, the business and tourism will be back to normal. Carnival will be on...
I reckon AMC will keep climbing to the potential target in 6 to 15 months. Catalyst: - Golden Cross
I rarely trade silver, but here's what I see. I against the hype! Catalyst: - Price action Here's below my entry
Please click the link in the yellow circle to see the previous analysis. I need to see 1 more weekly confirmation candle. If it can break out and close below 20k, I reckon it will fall deeper to 9k - 11k. Catalyst: - Price action Here's attached below my best 2020 Crypto's analysis:
I reckon XAU has the potential to fall to the targets in the next 20 to 50 days. Potential nice swing. Catalyst: - H4 Bear flag - Potential Death cross - Potential Head and Shoulders pattern on the daily - www.reuters.com
It was a pretty great trade. I saw the reversal too early, but finally, it reached the target. link attached below: Currently, I reckon it will go up to the potential target 1, 2, and 3 in the next few days. Catalyst: - EUR Data - US Data - Price action - January 20
Short-term plan: - I reckon it will be ranging for a day or a few days inside the bearish pennant. If the price rejects the bottom pennant line, it's a nice risk-reward ratio to enter a long position targeting the mid resistance and maybe the upper bearish pennant line. Long-term plan: - If the price goes up from the bottom pennant and rejects the mid or the...
Yesterday I shared this chart below with my clients. We enter long at 1841 zone. Currently, I reckon XAU has the potential to go up to retest the broken daily trendline, or at least to retest 38.20% Fib retracement at the 1870s zone. Catalyst: - Price action - US Sales data PS: I'm too busy with my clients, and I won't share any updates. Please do your own...
If the price can stay below 1945, I reckon XAU will fall to the potential targets this week. This month, Gold will be very wild. January 6, 8 and January 20 will be intense. Catalyst: - Price action
If Fiber able to breakout and close below the trendline, I reckon it will keep falling to the potential target this week. Catalyst: - Price action - EUR Data - US PMI - US ADP - FOMC - US Unemployment - NFP
It was a PERFECT trades/analysis, Nice rally and great profit. I closed my long position. Currently, I reckon that there are possibilities EUR/USD will break the trendline. If the price can break out and set closed below the trendline, most likely EUR will fall to the potential target in a day or two. PS: This analysis fails if the price rejects the...
This analysis fails if the price break above the red line. PS: Click the link in the Yellow circle to see the previous analysis Catalyst: - Daily time-frame price action
Finally reached the "Target 5"! It has been PERFECT trades so far. I reckon, sooner or later, it will retest the trendline. If the candles can stay above the Trendline, I believe it will reach the Final target this month. This is not a BUY signal; this is just a follow-up analysis/forecast. Catalyst: - Price action - US data - EUR data