#DAX EASYMARKETS:DAXEUR DAX seems to be showing some positive signs for the bulls, however, we cannot get comfortable with that idea yet until we see a clear breakout. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social...
Indices are far more reliable during technical analysis as compared to the individual stocks. The pattern is a clean one in Nifty Pharma Index. This is to spread the awareness about technical chart patterns and not a buy/sell recommendation. Always do your own research before making any financial decision.
SP500 Index Technical Analysis The SP500 index appears poised for a retest of the 5320 level. A break below 5320 would likely lead the index to touch 5301. Bullish Scenario: For the bullish trend to continue, the price must stabilize above 5347. If it does, the next target will be 5375. Breaking through 5375 could lead to new record highs. Bearish...
Fed Expected to Hold Rates Amid Mixed Economic Indicators Focus on CPI Data and Rate Decision: Wednesday's U.S. Consumer Price Index (CPI) data and the Federal Reserve's interest rate decision are in the spotlight. This follows rate cuts by the Bank of Canada and the European Central Bank last week. However, the Fed is not expected to follow suit—at least not...
Bitcoin Dominance is pulling back towards 50MA resistance on daily, seems likely to get rejected next. ⚡️⚡️ #BTCDOM/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (6.0X) Amount: 6.0% Current Price: 2374.2 Entry Targets: 1) 2411.5 Take-Profit Targets: 1) 2010.3 Stop Targets: 1) 2612.6 Published By: @Zblaba ...
The European Central Bank raised Interest Rates by a Quarter of a percentage point Thursday, judging that Inflation remains too High ; even as data points to a deepening economic downturn in the 20 countries that use the euro. The move takes the benchmark rate in the euro area to 3.75%, the highest since October 2000.
XAUUSD H4 Here is the outlook for XAUUSD as it stands, we are firm believers in trading what you see. We can see the DXY took a slight bounce from that 104.000 mark and therefore the DXY is still in bullish demand. That being said, $2330/oz has been our previous area of support for a while now, and we hold our ground until it breaks. Upon a potential break,...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bias to look for short on Nikkei, but let's see how, the price action seems choppy lately.. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Nasdaq delivered the expected pullback which was validated when it crossed under the 4H MA50. Today it almost reached the 1D MA50, which is also where the 4H MA200 sits, turned momentarily bearish on the 1D technical outlook (now neutral/ RSI = 47.140, MACD = 151.030, ADX = 59.182) and the 1D RSI achieved symmetry with the December 6th 2023 Low. We still expect...
The S&P500 index is on very healthy bullish levels on the 1D timeframe (RSI = 63.385, MACD = 146.190, ADX = 48.596) showcasing in the best possible way the bullish bias of the long term trend and pattern, which is a Channel Up. This month's pullback is perhaps the best buy entry we can have as in relative terms based on the 1W CCI, the index is printing a...
US Dollar Index (DXY) has reacted off the pivot which has been identified as an overlap resistance and could fall to the 1st support. Pivot: 105.11 1st Support: 104.57 1st Resistance: 105.49 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may...
Dow Jones may have turned red on its 1D technical outlook (RSI = 35.469, MACD = -17.010, ADX = 38.217) but it is only neutral on 1W (RSI = 52.498) suggesting that on the long run, these are strong buy levels from a R/R perspective. Two weeks ago we called the current pullback to 38,550 as a possibility but now it is time to turn bullish again. As you can see, on...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DXY has been overall bullish trading within the rising channel marked in red. Currently, it is undergoing a correction phase, and approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone highlighted in orange. 🏹 Thus, the highlighted...
Hello,Traders! SPY is trading in an Uptrend and the ETF Is now making a bullish Rebound from the Horizontal support level Of 524$ so we are Bullish biased and we Will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅DAX is going up now While trading in an uptrend And our bullish bias is Reinforced buy the recent Confirmed breakout of the Key horizontal level of 18,500 Which was then retested and Became a support therefore We will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DAX is trading in an Uptrend and the index Made a bullish rebound From the horizontal Support of 18,550 So we are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Commodities have been in a bull run since 2020, within an uptrend that can resume after the pullback observed in 2022. Analyzing the CRB Commodity Index, I believe that the pullback from that recent 2022 high isn’t over yet. There’s potential for a C wave that could retrace to 38.2% of the 2020 bull run. This may suggests that inflation might cool down, but much...
EASYMARKETS:NDQUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or...