Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse Tesla for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's analysis...
The pound Sterling experienced a turbulent week as it traded within a narrow range. However, a recovery in broad-market sentiment occurred after the release of a disappointing US Nonfarm Payrolls (NFP) report. This report sparked investor risk appetite, particularly heading into the weekend. The US NFP figures fell short of expectations, revealing the worst...
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience💻 In my opinion you don't have to pay any attention to news and fundamental analysis. The chart of an asset literally tells you everthing you have to know🤯 ------------------------------------------------------------------- 👆In today's video...
The week concluded with crude prices surging by a staggering 7%, leaving investors on edge as the Middle East crisis intensified. Israel's announcement of a ground assault on Gaza propelled the region into a new phase of heightened tensions, further fueling market uncertainty. As we look ahead to the coming week, two pivotal factors will shape the direction of oil...
The BOJ's decision to adopt a more flexible bond yield approach indicates a potential shift away from its ultra-dovish stance. Under this approach, bond yields will be allowed to fluctuate beyond the previous target range. The economic landscape was further impacted by surprising data on Friday, indicating that inflation in Japan's capital exceeded expectations...
Welcome back! Let me know your thoughts in the comments! ** AUDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Following another profitable week for us on the XAUUSD (see link below for reference purposes); Gold hit a one-month high on Friday with strong signals that it may be ready to break free of the mid-$1,800 - $1,820 range it has been trapped in the past four weeks. Following the Labor Department reporting a number that again beat forecasts but not as much as in...
The US dollar pulled back a bit during the trading session on Friday as it looks like a potential sell-off in the short term is building up behind the scenes. Overall CPI inflation in Tokyo, rose 3.4% in February, compared to a 4.4% rise in the prior month - a negative variance of 1.0% which doesn't appear rosy for the Yen. The Bank of Japan continues to print...
The U.S. labor market report remained surprisingly strong despite ongoing efforts by the Federal Reserve to tamp down demand. The US Dollar rallied about 2% on Friday following higher-than-expected non-farm payroll data which came in at a whopping 517,000 through the middle of January. This video illustrates a technical perspective on the current market structure...
The prices of US Oil witnessed an unstable swing in 2022; climbing on tight supplies amid the war in Ukraine, then rapidly sliding during the later part of the year on weaker demand from top importer - China and worries of an economic contraction, but closed the year on Friday with a second straight annual gain a little above the $80 (as against $75 in 2021). This...
This is a follow-up video to my previous analysis on the USDJPY and on the back of a profitable week on this pair (see link below for reference purposes), we are at equilibrium as the current structure has both a strong bullish and bearish expectation at the same time. The U.S. dollar showed traces of weakness on Friday as fears that the U.S. economy was heading...
The USD/CAD appears to be doing a recovery from the weekly low as the price bounces off the key level identified on the daily timeframe around the C$1.32000 area. So, I have identified two key levels which we shall be using as a yardstick for trading activities in the new week, and these levels are situated at C$1.32000 and C$1.3500. The coming week is laced with...
It was was a choppy situation for the EURUSD as price action was caught within a channel between the 1.04450 and 1.03150 level through out the course of last week's trading session. The bullish momentum that started two weeks ago was strongly resisted by sellers around the 1.03750 - a level that shares a confluence with the bearish trendline on the daily time...
USDJPY continues to look for a support level as the price plunges to close the week at approximately a 5% loss for the Greenback. Attention will remain on the Retail Sales event as participants in this market will anticipate how price action will react to this high-impact event. From a technical standpoint, the price is at a critical level as it tests the...
Yellow metal witnessed its strongest week in the last year to set a bullish tone for the coming week. However, it is worth noting that coupled with the fact that price action is within a long-term bearish momentum, the price is still trading below the $1,800 level - a level that was broken to the downside by sellers in July. Judging by what has been happening...
Buoyed by a weak US dollar, the Australian Dollar keeps rallying to close the week on a bullish tone. Going into the new, all eyes shall be on the RBA meeting minutes, Unemployment Rate, and Employment change to decipher if a breakout of the 0.67000 level will happen or not. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity...
Dest the long-term bearish momentum on the XAUUSD, the $1,620 level has continued to hold buying pressure in the last couple of months to insinuate the possibility of a momentum shift in the nearest future. The US Dollar plunged on Friday despite the United States adding 261,000 jobs last month in its October non-farm payrolls report and from a technical...
Following the bullish engulfing candle on Friday, the Euro has a tendency to reach new highs in the coming week only if a significant breakout of the $1.000 level happens. However, we can not ignore the possibility of a possible bearish momentum considering the fact that the price has been trading below the $1.0000 level in the last couple of months. Risk...