INTRO A rise of 75 basis points is the order of the day. Retail sales on Thursday may bring volatility to the Kiwi 0.62 (61.8% fibonacci) is the new resistance to beat FUNDAMENTAL OVERVIEW The Chinese economy continues to be impacted by COVID, impacting stocks and markets. The currency pair was affected by a slowdown in its gains as the U.S. dollar index...
This is my view on #BITCOIN. Long-term I am LONG on CRYPTO but every bull-run has to end. Don't be the guy that took no profits from the bull-run. In this technical analysis, monthly chart is being used to see the bigger picture of what's currently going on with Bitcoin: 1. We can see that every bull-run ends with closure of one bearish monthly candle. 2. We...
NAS100 BIAS- BEARISH Notes- Wouldn’t look for buys until we get above 12k with clear PA. I would love to hear anyone else’s bias/feedback on NAS for the week of 11/20-11/25 Keep in mind we have Unemployment, Retail Sales & FOMC news on Tue-wed 11/22 - 11/23
AUD/NZD has been in a down word momentum since September, no indication on technical nor fundamental level for it to change the course of bearish momentum. Lower lows are being formed. Looking for entry on pullback with 1% risk of the total position size.
Good morning, I leave a forecast of what could happen in eur gbp in the next few hours after the market opens. Possible retracement to 61% fibonacci levels to then continue its downtrend. 1H charts Intra-Day Bearish Trade ECONOMIC CALENDAR (GMT -3) PLEASE CHANGE TO YOUR SCHEDULE IMPORTANT - 16:30 EUR Appearance of Lagarde, president of the ECB
its time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here. eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of...
another similar selling opportunity like what we have on #EURJPY. again we have bearish impulsive which is followed by a corrective bullish move, showing that price have an intention of more downside move, but in order to do that price needs to take out liquidity from somewhere. so in order to short this pair following things need to happen: 1- price comes up to...
Fundamental: The inflation havent reached consumers yet, we have had money (savings) from Covid. We will see more "cold" winter now, as the inflation finally starts to decrease the purchasing power. The inflation decreases but not quick enough and debt will be taken. There is a possibility to a bigger recession if the debt is too much for banking systems...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is facing a strong resistance. And in RSI this is making bearish Divergence Pattern. That indicates that it can Drop. Here it has Maximum chances we can see drop in price upto 1740 Price level. Keep in touch we will update further soon.
Hey there friends! As you can see, I have two resistance trendlines plotted. Both historically have been respected very reasonably. On top of this, id like to mention that my software that signals weakness in the market has been triggered. Although it doesnt 100% predict the absolute top, it does show where weakness is and you can see how it has preformed in the...
The Netflix stock shows strong upward channels after accumulation phase.
Based o the latest retest we are most likely going down to find the strong buyer/ next strong support level from which we will start looking for entries. Boost me if you agree;)
AUD/JPY bearish set up based on the technical support and resistance level. Broken level showing us weakness from AUD until further support level. Boost if you agree)
Waiting for retest and preceding to buy at 35.807 level. 3:1 risk to reward. In case of stop will evaluate different levels.
#GBPAUD ( British Pound / Australian Dollar ) - In Long Time Frame #LTF it is Following Correction as a BEARISH CHANNEL Pattern and Rejecting from the Upper Trend Line #UTL - In Short Time Frame #STF we have RISING WEDGE and Breakout of the Lower Trend Line #LTL - According to ELLIOT WAVES it has completed the " 1234 " Impulse Waves and will make " 5th " Wave -...
Gold continues its upward trend against the USD. However, not all opportunities are lost for the bears as strong bearish candlestick pattern is seen with the formation of a new higher high.
forex trading is one that can be intimidating to the average person. However, if you take the time to learn how to become a great trader, then you will be able to make money without all the stress and effort that comes with trading stocks or other financial markets. I can teach you how to use technical analysis to make predictions in 5 hours. The offer goes for...
Inverse head and shoulder forming. Profit target 19.8 to 20K if the pattern is successful. Trade safe. Not a financial advice:)