The Japanese yen steadied on Friday, with USDJPY hitting a three-week low after a sharp drop this week that traders largely attributed to government intervention.
UK February ILO unemployment charge: 4.2% Expected: 4.0% Previous: 3.9% Job change: -156k vs. 58k expected Previous: -21k Average weekly earnings: +5.6% 3m/y vs +5.5% expected Previous: +5.6% Average weekly earnings (except for bonuses): +6.0% 3m/y vs +5.8% expected Previous: +6.1% Change in March salary: -67k Previous: 20k; changed to: -18k This is a...
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " and " ABC " Corrective Waves RSI - Divergence Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame S / R Level
In Europe, EUR/USD fell 0.3% to 1.0789, near a five-week low, after data released earlier on Thursday showed German Retail Sales unexpectedly fell 1.9 % over February, illustrating the difficulties Europe's largest economy is suffering in the first quarter. European Central Bank officials have become very dovish of late, with board member Piero Cipollone the...
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
Firstly I'm a huge NASDAQ:AAPL fan when it comes to their products, however, I believe the time has come to buy some Put Options. Trend Analysis Utilizing the 1D chart, I found a double-top "M" pattern and at the time of this idea we are currently sitting a little under the second peak. The descent can be steep according to a macro-Fibonacci tool where the...
Overview Google ( NASDAQ:GOOGL ) is in the dangerous territory of a double top formation. I've discovered this same macro-pattern with a few other assets as well. In combination with a rise in long-term Treasury Yield Curve rates since December 2023, I think a rush of selling pressure could be around the corner. Technical Analysis Utilizing Fibonacci...
Hello traders what you think Gold pair NES resistance levels 2230 📉📊📈⤵ Gold pair technical analysis Gold pair take new resistance levels of 2230 pullback Berish support levels 2140 Follow risk management Safe trade don't forget like this analysis
#ftm Fantom ... put this on your radar Set Alert at 1.1673 stop loss 1.0325 target 1.5995 Market Cap 2.9B Layer 1 / DeFi Possible Parabolic Curve Not Financial Advice
Pair : Germany30 Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line Completed " 123 " Impulsive Waves Break of Structure Fibonacci Level - 261.8%
This undervalued construction and property player in Malaysia, MRCB has shown good performance recently. Pullback from the 52Wk high at 0.705, the price now stabilize around 0.56 to 0.59. The intrinsic value for Malaysian Resources Corporation Berhad is RM9.91 based on Discounted Cash Flow Valuation, that is discounted 94.2% from current price. Price now...
Pair : Germany 30 Description : Completed " 12 " Impulsive Waves RSI - Divergence Break of Structure Double Top Resistance Level Bullish Channel as an Corrective Pattern in Short Time Frame
Trading Pattern QQQ has formed an ascending channel which may prove to be very lucrative for derivative trading. Utilizing Elliott Impulse and Correction Waves within the support and resistance lines, Wave 4 may dip as low as $392 which is a few dollars shy of a 61.8% Fibonacci retracement level. Technical Indicators A bearish RSI divergence has been...
Overview Utilizing trading patterns and consistencies between several technical indicators, I believe the equity market will begin to unload soon as traders collect their profits from the recent rally and prepare for the next FOMC meeting on 19-20 March. Trading Patterns SPY is currently undergoing a rising wedge which is a bearish trading pattern. Within...
Shiba Inu token has been grabbing momentum as of late. On the 1W and 1D charts, a distinct W is beginning to form with us being a little above the second trough at the time of this idea. I drew a crude Fibonacci retracement -- it is crude because I am not 100% that I am using the retracement tool accurately BUT there are three fibonacci retracement levels that...
Hello traders what do you think about Gold) ast Gold fundamental analysis forec 📈📉🧾📊 (technical analysis forecast) OANDA:XAUUSD 📌🔍 (Gold price my last idea 💡gold pullback short 2037 pullback short 2004 hitting target 🎯 gold same pullback reset taste resistance 2014down trand short 1986) Gold fundamental forecast 🖊📝 ✅Fundamental analysis of gold involves...
DXY recently had its massive rally to the UPSIDE which imo is a CORRECTIVE MOVE. We are expecting DXY to make its first LEG down this week or have its FULL DROP next week. How does this information about US DOLLAR help? IF USD goes DOWN, xxxUSD rallies UP. It is important you understand the US DOLLAR before engaging in any xxxUISD pair. How do we FRAME the...