push into 1.22500 exactly as expected with the help of CPI, will be looking for potential short set ups
If we get a good NFP number tomorrow, does that mean the US jobs market is strong? What will the Fed do? Raise rates, increase QT? Fundamentally we should be seeing lower GDP, lower wages, lower demand and with that lower Oil. Technically, we have higher GDP, stable wages, mixed changes in demand and lower oil. This EOD strategy has been set, and now we just...
Hello everyone! As we said at the end of last week, Gold could have triggered a new TOP before preparing an interesting corrective move. That said, our view remains unchanged and expect a bearish leg in the near term with a potential Target around 1.791. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. ...
Hi everyone! The trend is still bullish on daily chart, but at the same time, we expect some corrective structure (from here or new top) in play in near term. As we have already shown in the previous analysis, technically speaking the target of the corrective structure on 1H chart is around $1,791. 💖 Support our idea with your Like & Comment, thank you! 💖
Gold price reached seven-month highs above $1860 in European session as the US dollar is falling. The fresh upside move in the XAUUSD price could be also attributed to the big technical breakout on the daily chart, breaking to the upside from the ascending triangle and closing above $1825. Previous strong resistance now support lies at $1850. The bullish momentum...
Gold is moving sideways near $1850 during the European session. XAUUSD failed to move above $1860 and corrected towards $1845 earlier today. It may continue to consolidate until tomorrow NFP release. The trend is still bullish, and we look to buy Gold with a test of $1855 - $1858. The next upside target for the bulls is $1860, above which the previous day’s high...
• NIO is in a short-term bear trend, but it just hit a support level, and it is reacting; • The support at $9.53 (red line) is our key point. This is the third time NIO hit this line, and in order to resume the bear trend, it has to break it as soon as possible; • If NIO bounces again, there’s a clear resistance level around the purple line – a trend line...
Hi everyone! From a technical point of view on main time frame the trend still remains bearish, but at the same time we think that USD/CAD pair could trigger a bullish consolidation on one hour chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish also some updates on intrady chart. Technically speaking, our...
Hi everyone! From a technical point of view, S&P 500 could trigger a bearish consolidation (scalp) on 30 minute chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish some updates on intrady chart. Thanks for your support, like & comments! Trade with care!
Hi everyone! FedEx's main trend still remains bearish, but in the near term we are following an interesting technical rebound, that said, our guess is that the price action might need some consolidation on the intraday chart with a target 1 around $168. If you think our analyzes are useful, support us with a simple "Like & Comments", thank you and trade with care! 💖
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hello as you can see MANAUSDT is in the support key level and after nearly 5 months of falling it may be time to increase a little after touching the lowest level of the channel all you need to know is in the chart good lock The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of...
Solana has recently been suffering beatings from the lack of trust in the developers after the fall of FTX. Much of the project's assets were tied up in the crypto exchange, to the point where many of their operations and development was dependent on FTX. This distrust in addition to a slow-down in project development and lack of recovery for SOL has contributed...
• The index is on “bear mode” again, as it is doing lower highs/lows in the 1h/D charts, and it is trading below the 21 ema; • It did a technical bullish candlestick yesterday, a Hammer, closing above the 3,818 (gap support). This is a sign of strength; • Despite the bullish reaction, this Hammer wasn’t triggered, and the SPX has to break other key points in order...
My forecasts of seeing more of TESLA’s stock price plummet 📉 have been correct! Since the start of the week, we have seen sharp drops in TESLA’s price. Elon Musk promised not to sell more of his shares, but his word shouldn’t be trusted because he once said such and still sold some of his TESLA shares. All stock indices had a bearish Thursday. TESLA closed at...
We have entered long in Sugar futures. This position is not validated with all the patterns of our TTW system, so the percentage of liquidity assigned to the series of positions is very low. Using our algorithmic trend-following system, Sugar futures are at 3-year highs, with an RSI of 63.57 on the weekly chart, and 65.64 on the monthly chart. The asset has...
• Today, SPX is rejecting yesterday’s bullish reaction; • Today, the index did a Breakaway Gap (blue square, 1h chart), as this gap is breaking the 21 ema, a technical support level. If the SPX doesn’t fill this gap quickly, the bearish sentiment will gain momentum; • In the 1h chart, it dropped to fill a gap at 3,831. Only if the index reacts amazingly well, and...
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...