Support and Resistance
AUD/NZD could be veering towards a breakoutThe RBNZ just delivered their third 50bp cut in a row, and they have left the door open for further easing this year. And given I expect the RBNZ's cash rate to remain beneath the RBA's for the remainder of the year, it could pave the way for a bullish breakout on AUD/NZD.
Matt Simpson, Market Analyst at City Index and Forex.com
Weekly Market Forecast Feb 17-21stThis is an outlook for the week of Feb 17-21st.
In this video, we will analyze the following FX markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
FOMC on Wednesday. The news could impact the direction of the USD Index, so be mindful of it. The markets had a relatively bullish week. Trumps reciprocal tariffs study announcement eased some of the tension in the markets also allowed equities to run higher.
The metals saw a bearish turn at the end of the week, but caution should be taken if considering shorting these markets. The overall bullish trend is still in tact.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly FOREX Forecast Feb 17-21This is an outlook for the week of Feb 17-21st.
In this video, we will analyze the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD Index ran the previous weekly low Friday, capping off another bearish week. With the USD weakening on mixed fundamental news, its currency counterparts are taking advantage of the opportunity to outperform the USD.
Look for the majors to potentially move higher vs the USD this week.
Be mindful there is a lot of red folder news items coming up for the week ahead, to include FOMC on Wednesday.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Meta Short: PeakedI've explained in this video why I think Meta has peaked. Here's the summary:
1. Completion of 5 waves.
2. Fibonacci Extension level hit (target: $725.76, actual: $725.01, diff: $0.75)
3. Bearish Reversal candle with high enough volume (I missed mentioning this in the video)
This is a good risk-reward trade with Stop at $726 and take profit at $550.
Good luck!
FET | ALTCOINS | Fetch.AI - GREAT Re-Accumulation ZoneFET was one of my top altcoins for 2024, and it did not disappoint after a 500%+ increase early last year.
FET has since been trading in a major corrective cycle, with near-term bounces (also called mid-cycles or mini-cycles).
A great re-accumulation zone is approaching, and it's possible that FET may trade range before making another push for the upside.
Make sure you don't miss yesterday's update on another great alt, ARKM:
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BINANCE:FETUSDT
First use if alarms on trendlinesDrawing trend lines on the EUR/CHF I decided for the first time to use alarms as I was rarely present at the right time to place an order. It worked well but it was night time and I waited the morning to place the order … in a way maybe it was safer to wait the completion of a candle.
This is a demo account and a first trade; money management was clearly not respected as I personally limit myself to 1000 usd stop loss on a 100k account. For the TP level it seems a long shot but graphically I think it stands. On the psychological aspect, if it was a real trade would I keep it running? I doubt it, but if anyone has done something similar in real trading, I’d be glad to hear your thoughts.
Hoping to publish better trades in the future
what action I take when market open.This video will show you what I look at and my thought process when prepare for maket open.
Purpose of this video is to show how i make plan to take risk in first hour of market open.
example used is 5min&1min
1st. orb 5min
2nd. wait for breakout of 5min
3rd. use MA as (Support) of a trend to SCALP
ORB FIB levels i used is 0.5%(orb) 1.0% 1.5% 2.0%
Target is use orb breakout to target 2.0% fib levels as PriceTarget.
Market Forecast UPDATES! Tuesday, Feb 11In this video, we will update the forecasts for the following markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
ARKM | ALTCOINS | Is another 400% Increase Possible??ARKM is an altcoin that has great upside potential, and it's approaching a key support zone - the opening levels.
The good news, is that the corrective pattern (in the macro timeframe) is nearly over. However, there are large bounces possible between these zones that look "small" in the weekly timeframe:
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BINANCE:ARKMUSDT