Hey Everyone,
A perfect finish to the day with our final target HIT completing this chart idea.
Yesterday we hit our target at 2071 and was just short of the final target at 2086, which was left open and completed today - BOOOOOM!!!
We also stated if ema5 fails to lock above 2086 we will see a rejection to weighted support at 2071 or 2063. Once again 2071 was...
The U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year.
Market participants...
The U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year.
In contrast to the...
Hey Everyone,
Another PIPTASTIC day for us on the markets. Our chart idea played out perfectly once again hitting our Bullish target at 2071 and just short of the final target at 2086, after the ema5 lock confirmation of 2063.
As stated yesterday, we were expecting a re-test of 2063 and then a cross and lock to open the above targets. Once again our weighted...
The new governor of the BoJ, Kazuo Ueda, has not made drastic changes in monetary policy as expected, causing the Japanese yen to weaken against the USD in 2023.
Positive signs appeared in November when the USD/JPY pair fell and bond yields also fell, raising hopes that the BoJ was about to change policy.
The BoJ is expected to make an important policy decision...
USD weakened, JPY and antipodeans led the rise
Asian stocks fell, with futures on the S&P 500 index up slightly by 0.07%
US 10-year bond yield falls 1.7bp to 3.88%
Gold increased 0.5% to around $2063/oz
WTI oil increased 0.2% to above $73.70/barrel
Bitcoin accumulates around 43.5K
Investors continued to digest November PCE and December Consumer Sentiment data...
Hey Everyone,
Our chart idea has started the week with our first Bullish target at 2063 HIT. As stated Sunday we were seeing price sit between two weighted levels for a test and break on either Goldturn to confirm the next level.
Price hit our target at 2063 but failed to cross and lock above 2063 with a clean break to open the range above. We are looking for...
OANDA:XAUUSD XAUUSD (M15) appears to have a pattern of narrowing the fluctuation range.
In this case, we can wait to buy when the price breaks out of the pattern and moves into a trending state.
Specifically in this case:
Buy Stop at 2065.2
Stop loss at 2063
Take profit at 2069
Sell Stop at 2063
Stop loss at 2065.2
Take profit at 2069
Remember to manage 2%...
In the analysis below we said that we are waiting for a correction.
VAL (99.5$) if we keep this zone, the chances for going long are high
Next zone for long 91$
link since the last analysis
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price sit between two weighted levels for a test and break on either Goldturn to confirm the next level.
A bearish test to support at 2048 and a break and lock below this level will open the retracement range. However, support here and we are likely to see a...
Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
Currently we are seeing price play between 2044 and 2071 Goldturn. We would need to see a break and lock above and below either level to track price to the next range target.
We have support test open at 2044 Goldturn and also a bullish retest at 2071. We would need to see...
Hey Everyone,
Please see our daily chart chart idea updated form last week. So far laying out perfectly and respecting levels within the channel.
Channel half line provided the support as suggested last week for our first bullish target hit at 2043. This followed with a candle break and close above 2043 providing the momentum for the break above this level,...
Hey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months.
The swing range bounce provided the momentum for price to break back into the channel. We were then looking for support within the channel, which last weeks price action provided on the channel bottom followed with our 2048 Axis...
I think btc is going to retest the area 28500 - 28000 because at multiple timeframes it is making dojis , which is not a good sign for bullishness , we want it to come back to 28500 - 28000 area , get some liquidty and go bullish.
If it falls below 28000 we can expect it to take support at 25381 - 24337 and and continue rally higher.
Remeber we always need to...
Hey Everyone,
Fantastic end to the week with our chart idea playing out perfectly all the way from the dip into 2018 followed with the failure to lock below the retracement range, which provided the bounce we were looking for all the way into each of our Bullish targets!!!!
Our last weighted level break and lock we were looking for was the break above 2046 level...
Mitsubishi UFJ Financial Group (MUFG) President Hiroki Kamezawa stated in an interview with Japanese media outlet Asahi Shimbun:
The BoJ is gradually achieving its price target and wage hike
"This is only a matter of time."
The negative interest rate policy could be eliminated as early as 2024 due to positive developments in wages and prices. This policy has put...
Bitcoin will not be seeing 45,000 any time soon as this “bullish” move has extinguished. Bitcoin’s all time highs are usually parabolic and unusually unpredictable but this chart reads clear as day that the trend formed has a limit.
Rejecting off of key levels with volume supporting the move down, big money is opening positions below 44,000 and the vol...
