The chart provided visually represents the forward guidance issued by the Federal Open Market Committee (FOMC) alongside the performance of various key economic indicators and market indices. The FOMC forward guidance serves as a crucial tool for signaling the Federal Reserve's monetary policy stance and future intentions, thereby influencing market expectations...
The pound seems to be bullish right now and the first target that can be considered is $ 1.35. According to the chart you see, a speaker pattern is formed and the candlesticks are able to break the pattern from above. Now what are you waiting for, let's go! 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the...
It has maintained overperformance over the consumer discretionary sector (represented by XLY) but has lost some of its relative strength against it. It appears that the extra alpha and extreme overperformance is going to be back on SONO 's side based on the chart bottom chart where the relative strength is hitting a level that usually would result in a bounce...
Trend is obvious. If tomorrow on London opening the trend speed continues price will touch the bottom of the dynamic range.
If you are long price could draw a third solid expantion. Price is reaching the D1 Trendline so be careful with the regret.
FX:EURUSD Price has broken the bullish trend line. It beats his last minimum feebly but if the trendline continues working we can anticipate a long movement.