Latest Developments: March 22 – The UK’s coronavirus count increased to 4,301,925 cases (+5,342). March 18 – At their March meeting, the BoE kept its official Bank Rate unchanged at 0.10% and its QE programme at £895 billion. The BoE added that they do not intend to tighten policy until there is clear evidence that there is significant progress towards...
After a sudden policy shift from the BOJ, we saw the market trend reverse course and fall from the 140s all the way back to 131. It is mind-boggling that top national currencies are this volatile, but here we are. Now the overreaction to the policy shift has retraced a bit and we are back at 134. Either a dovish hint by Powell or another hawkish step by Kuroda...
The minimum trade structure for index futures or indices should be 10 points (ES) or 40 ticks and 20 points (NQ) or 80 ticks. It should be 15 pip for Forex pairings. This framework does not show the actual range from trade entrance to trade exit; rather, it depicts the ideal price movement you anticipate to observe. It's critical to understand and have reasonable...
The minimum trade structure for index futures or indices should be 10 points (ES) or 40 ticks and 20 points (NQ) or 80 ticks. It should be 15 pip for Forex pairings. This framework does not show the actual range from trade entrance to trade exit; rather, it depicts the ideal price movement you anticipate to observe. It's critical to understand and have reasonable...
The minimum trade structure for index futures or indices should be 10 points (ES) or 40 ticks and 20 points (NQ) or 80 ticks. It should be 15 pip for Forex pairings. This framework does not show the actual range from trade entrance to trade exit; rather, it depicts the ideal price movement you anticipate to observe. It's critical to understand and have reasonable...
Upwork (NASDAQ: NASDAQ:UPWK ) has emerged as a standout stock, gaining significant traction in the market after a noteworthy upgrade from Jefferies, shifting its rating from Hold to Buy. This upgrade has sparked a 10% surge in Upwork's stock value. Accelerated Revenue Growth in 2024: The driving force behind Jefferies' bullish stance on Upwork lies in the...
📊 Market Sentiment: Bullish Santa Clause Rally The market sentiment remains cautiously optimistic, with the S&P 500 pushing to newer highs. However, there's an undercurrent of caution with the risk of corrective consolidation. The main focus is on major supports at 4813-16 and 4800 to maintain the rally. A sustained hold above these levels will be crucial for the...
The current chart analysis on TradingView for the US10Y (U.S. 10-Year Treasury Yield) indicates a pivotal moment in the market, suggesting the completion of the 4th wave on the 21-weekly EMA (Exponential Moving Average). A bullish candle, characterized by a long wick touching the 21-weekly EMA, has formed, signaling a potential trend reversal. The expectation is...
The analysis ⏰ made based supply and demand zone 📌 #DYOR Based on 1W time frame chart 📉📈 lower position price shift to high 📌 good 👍 / but / It's confirmed 👍 the pattern was HH >> LH ( shifted 🙄 ) But recent times slowly movement got shifted 🙄 BINANCE:ETHUSDT Lower low to lower high 📌 this turned/shift movement to bearish 📍 ( last price action...
One of the major mistakes i have seen economists make is to not understand the importance of markets. They are not traders or investors. As such they lose a great deal of insight by not putting their hard earned money at risk. I have indexed XLU AND NDX to get an accurate reading how they are behaving relative to each other. One of the many great features of...
The EUR/USD currency pair exhibited a noteworthy rebound, recouping losses to surpass the crucial 1.0900 level after dipping to a five-week low near 1.0870 earlier in the week. As traders monitor key support levels and navigate through shifting market dynamics, the pair's trajectory remains of keen interest. The potential for an extended recovery hinges on the...
Welcome to Part 2 of the Bitcoin Major Changes! As in the previous part, we focus on the period between magnitude changes, supplemented by the extent of overflows. Rising trend line or Parabolic rise? The increase continued along the rising trend line in the 1st and 2nd orders of magnitude. There was a parabolic increase in shifts 3, 4, 5. It looks like...
Current Price: $0.29 Float: 18.32M About Surge Holdings, Inc: Surge Holdings, Inc. operates the SurgePays™ Marketplace, a product sales channel that disrupts the traditional c-store supply chain model by providing independent and local retailers direct access to regional manufacturers from around the country. Surge leverages its wholly owned subsidiaries (value...
I continue to maintain a weak bearish bias on the USD given the risk to both the economy and monetory policy remain titled to the downside. In term of monetary policy, the market still expects the FED to ease further within the next 12-months, even though the FOMC's recent dot plot showed that no board members expect any changes to rates in the year. In terms...
Symbol: ES Time frame: 1h Chart XA Move: Swing Low (X) at 2603.25 to Swing high (A) at 2766.25 AB Move: Using Fibonacci retracement of 38.2 of XA, we are able to get the B point at 2704 which price action hit and fulfill the criteria of a valid B. BC Move: Using a Fibonacci price extension of 127.2 of XA, we are able to get the C point at 2811.50 which price...
NVAX surged an impressive 29.4% last trading day with significant volume. Net positive volume increased massively from 6.33M to 28.12M for a 344% increase. These extraordinary numbers should be telling of what's to come in the mid to long term. Buyers are back in the scene, positioning at the current price range in anticipation of growth prospect both in...
Pair of Name OANDA:XAUUSD Time Frame : 15M & 1h Direction : Short Type : Trend line Break + Choch ———————— 15 minutes As we can see here on the 15 minute chart. Price is starting to turn bearish Along with an inner trend break. We can expect price to go down to area 2325$ At least. This is also a rejection point for price. If we also take a look at the...
In a tumultuous turn of events, Perion Network's U.S.-listed shares nosedived by over 40% on Monday following the company's stark reduction in its 2024 revenue forecast. The Israeli ad tech firm attributed this downward revision to a significant decline in search advertising, primarily driven by transformative changes at Microsoft's Bing platform. Perion Network...