I expect a fall because the EURUSD has reached a strong resistance level. H4: the EURUSD pair reached the upper part of the channel. Weekly: the price is testing the fibo 50 level, and reached a strong trend line. Good trading!
The price is moving up in a ascending channel, broke a strong level. After a pullback I expect further upside until the next significant resistance. D1: Good trading! If you find it useful, like, follow, share!
The price is moving up in a ascending channel, that has reached its bottom, so I expect a rebound. D1: Good trading! If you find it useful, like, follow, share!
The primary trend is short. DOT has reached the resistance zone. We are waiting for the secondary trend to break. Key levels Supports levels: 4.300 3.800 Resistance levels: 4.700 5.100 5.700
The technicals give me the signal but if anyone is interested in rate hikes and fundamentals, may be take a slice of advice from Bank of America. © Oliver Levingston Merrill Lynch (Australia) oliverllewellyn.levingston@bofa.com • The RBA will likely deliver a third consecutive 25bp hike next week. A cooler monthly inflation print has investors betting on a lower...
Following on from the bullish signal in the EURJPY, a few days ago we had a GBPJPY long signal setup. Still waiting for a trigger and also due to the Central Banks this week, I wanted to hold off from publishing it. We have now had the Fed, BoE and ECB, so feel better that this is still pending to go long.
Here is what the fundamentals are following the ECB rate decision today, words from ©Lloyds Bank European Central Bank (Dec): We're not pivoting The European Central Bank (ECB) raised interest rates today by 50bps, in line with expectations. It follows 75bp hikes in the last two meetings in September and October, and a 50bp rise in July. There was broad...
For me the US dollar sell-off has finished. EURUSD went up to parity ahead of the ECB and now the US dollar bulls are back in control. There isn't a fresh level until we get down to 0.9665, so that's where I am targeting for now!
Shiba Inu is creating this descending triangle on the 4H timeframe, which is typically a bearish pattern. Still, it can become bullish if price action breaks out of sloping angular resistance and retest our previous resistance as new support. If price action falls the base of horizontal support, we can have a good entry for a short position.
The intraday trend is on as the momentum breakout has reached its target. Now moving up to a daily time frame I am looking for a much bigger move.
There has been a move higher into Fridays close, and I am now expecting to see the continuation patterns push the price higher.
Looking back across the weekly chart, there has been a change in momentum. Price action is taking out previous weekly highs. On an intraday chart, we're currently waiting to see if there can be another close above a weekly high?
AMZN sell volume is still high and on the downside, it will retest 110 support level before rise to resistance at 132. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
Chart analysis: AMD has broken support level at 71.97, expect going to next level of support at 65.09.
Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level. Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction. As I said at previous idea Mar 22, 2021, "Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level. Break below 1660 would invalidate...
Hello traders! Today I would like to share with you the long-term analysis of BTC that I am preparing for and also now you will know the reason why I am still bearish on lower TFs (W, D). Still until we reach some of the highlighted zones on BTC, I'd prefer to look for medium-term selling opportunities. IMPORTANT...
Happy Tuesday, Macro : US Nonfarm Productivity, Unit Labor Costs NDX is making rounds in the zone waiting for either leak of CPI today and/or official CPI tomorrow NQ_F's line in the sand today is 13260. Bulls want to go above 13380 and bears want to push it below 13k handle. Buy Break: 13225, 13350, 13435 Reversal: 13090, 13000, 12930, 12860 Sell...
According to chart analysis, we have a bullish ride if it breaks the resistance but if changes its trend we have a counter strategy for that.