a little checkback on TOST here would set this up nicely around its 50 MA. Shakeout of its 50 MA few days back and a higher low here ahead of earnings would be ideal. One to keep on your secondary watchlist.
Futures tracking Wall Street's main indexes remained subdued on Tuesday as investors awaited the Federal Reserve's interest rate decision and closely monitored earnings updates. The Federal Reserve Open Market Committee (FOMC) will commence its two-day meeting later today, with markets focused on both the interest rate verdict and Chair Jerome Powell's...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
US30 TRADE PREDICTION BULLISH SETUP if you like the idea support please hit the like button and show some love wish you good luck and good trading
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
End of day update from us here at KOG: Pre-event price action has started so we're witnessing the whipsawing and choppy price action within the range now, which was expected. Yesterday we said we would be looking for the price to come down into support where we were waiting to load up on the long trades to target price region the path on the chart is leading to....
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
There is a descending channel, after reacting to a daily resistance, it is possible to continue falling.
Breaking the trend line and support of 61800, I expect more price correction
As the price getting closer to the 4H demand zone, I will look for more developments in 15m tf to catch some long setups.
Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...
I shared my view on #EURAUD based on the possible liquidity sweep spotted at the demand zone. Your opinions are welcome in the comment section.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is at a Supply Zone area - Price action may reverse back below Resistance Trendline Suggested Trade: Entry @ Area of Interest 1.7140 - 1.7160 SL @ 1.7258 TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @...