BTC - Trade Idea. Elon Musk said in his tweet, “Cryptocurrency is a good idea on many levels, and we believe it has a promising future, but this cannot come at great cost of the environment.” The company was looking at other cryptocurrencies, he said, that consume less energy. Then It went onto saying further they won't be accepting BTC on purchasing Tesla cars...
Last week, WTI lost some bullish momentum and the price dropped towards the trendline, as forecasted. For next week, we are expecting the price to resume the bullish momentum and re-test the resistance level. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as...
As we anticipated in our last week’s outlook, GBPUSD started to drop from the channel upper line. For this week, we expect the price to break the top, but not in a straight line. This move could turn out to be very slow. Keep an eye on Wednesday’s UK Consumer Price Index data as it could create some volatility. Trade with care. Best regards, Financial Flagship...
The dollar edged lower in early European trade Friday, taking a breather after the week’s gains, as traders digest the latest inflation data and the potential impact on Federal Reserve policy. In our past analysis, we anticipated EURUSD to find some resistance and start a bearish correction. For this week, we expect the price to make a small pullback and continue...
AUDUSD has been consolidating for a period of time and is making higher highs and higher lows within the consolidation range. I expect price to break above consolidation range and continue its way up, towards 0.8000 What is your thought on AUDUSD?
As we mentioned in our previous forecast, Silver continued to climb inside our bullish channel, bouncing back from the descending line. For this week, we anticipate the price to make a new top before correcting deeper. If you are not in the buy, wait for this correction to finish, as it could be a good investing opportunity. Don’t forget that we are in a strong...
As we mentioned in our previous analysis, Copper pulled-back and it looks like the price is starting to lose momentum, after reaching our trendline. In this context, in the coming week expect this pair to make a new top. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as...
Last week, the loonie lacked priced volatility, as the pair seems to be undecided for now. As you can see, we are at a critical point. Will the weekly support level hold & we will reverse? Or we will continue the bearish momentum? It remains to be seen. If the market makes a strong bullish impulse, then we will need to wait for a correction, that could act as a...
Last week, the Australian Dollar respected our analysis and dropped from the resistance level. In the coming week, we expect the bearish sentiment to return, as we bounced off the support area. For that to happen, we will wait for a small correction to act as a confirmation. Keep an eye on Thursday’s Australian Unemployment Rate data, as it could cause some...
Last week, we correctly anticipated that USDJPY will gain bullish momentum and it will hit the resistance level highlighted on our chart the support level. Next week, we expect the price to make a small correction, break the blue trendline, and head towards the support area. If it gains enough momentum, the price could drop even lower, making a new low. Trade with...
as you can see the chart the last Friday have a medium bullish engulfing bar rejected the prior higher high with some big bull bar, I think the movement is so strong. we can open long entry follow this bull bar if you want get more trade ideas from t rade plan profit, please like and follow my channel many thanks
#INJ/USDT $INJ currently trading at $18.150 Entry zone and strong support - $16.3 - $17.3 Resistance:- $22.2/$26.760/$30 Please click like button and comment below. You can follow to see the real time crypto update. Thanks...
The GBP/USD price raised during the early North American session as disappointing NFP data reaffirmed market expectations that the Fed will keep interest rates at a low level for a longer period of time and triggered some depreciation around the US dollar. As we anticipated in our last week’s outlook, GBPUSD continued to increase towards the resistance level. For...
In our previous analysis, we expected EURUSD to start a bearish correction after breaking the channel, in order to gain further bullish momentum. Instead, prior to the Nonfarm Payrolls news event, the price started to increase and retested the resistance level. For this week, we expect the price to make a pullback and continue rising, breaking the previous top....
Shiba Inu cross the trendline what means that it will gain
USDCAD - Is it time to finally buy? USDCAD - In my year ahead outlook these were the levels I was talking about the 1.20 areas!! We have finally got to those areas longer term at a key 1.618 area but now it's looking a little over extended the bears. Where does this leave us? This could be a great opportunity for a trade up towards key resistance zones! Whilst...
Hypothesis: I don't think it's rocket science to see the wedge building up against the red resistance rectangle. I've been buying dips in this range for the past 3 weeks and I think this is a quality set up based on 3 things in order of significance: Justifications for Risk: 1. The chart pattern wedge set up. Seems technically sound with higher lows and...
Fundamental overview: Signs of mounting inflation have weighed heavily on stocks this week. That could lead the Federal Reserve to raise its target for short-term interest rates sooner than it has signaled, potentially impacting the stocks and other assets that have benefited in the last year of near-zero borrowing costs. Technical overview: In the coming...