Hi Traders! USOIL is slowly pulling back to its three-month low at 77.68. Price Action 📊 The market's price action is currently bearish due to a few signs. The market recently had a trendline support momentum break after a very strong uptrend period, which has led to lower highs and lower lows. Finally, the market broke under the 20 EMA and has failed to go...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision. Thank you. Good luck
Palladium is starting to pique my interest. After retreating from as high as $3000 at the peak in April 21' - the commodity is now down 65% and reaching interesting long term levels. Firstly the current level at approximately $1025 is where palladium peaked as far as back in January 01' - almost 22 years ago. If this becomes a point of polarity, the previous...
The king dollar has been weakened, as signals from the Fed appear to be less-than-hawkish, which was cemented when a weaker-than-expected US jobs report implied that policy is having the desired effects. This week, the primary focus will be on the rhetoric of Fed speeches. If Fed members mention the possibility of hikes, we could see treasury yields increase...
Bank of Japan (BoJ) Governor Kazuo Ueda speech summary on Monday (06.11.2023) - Need to have more conviction that wages will keep rising , rising wages lead to service prices and the economy remains strong, to ponder exit from easy policy - There will always be new information coming in , so at any meeting there is a chance of making a certain decision - BoJ...
According to Heraeus analysts, one of the key factors supporting the current strength of gold is the consistent and robust buying power of central banks. This remarkable level of central bank acquisitions may account for why gold prices have shown resilience, even in the face of downward pressure from a strong dollar and rising bond yields so far this...
The euro lost value compared to the USD today as the dollar had a significant increase. Germany released some disappointing data. Following the RBA's announcement that this would be the final increase in interest rates, the value of the Australian dollar plummeted dramatically. Germany's industrial production weakened last month, according to data, which had an...
World gold prices this morning continued to decline with spot gold down 8.8 USD to 1,968.7 USD/ounce. Gold futures last traded at 1,973.5 USD/ounce, down 15.1 USD compared to yesterday morning's gold. The strong recovery of the USD in the evening trading session of November 7 took away the appeal of gold for buyers holding other currencies. Investors are...
As gold retraces, attention turns to support zones around 1,953 to 1,947 and key moving averages, while investors watch for signs of recovery. Gold confirmed a breakdown from its small rising trend channel today as it fell through the lower trendline of the pattern and yesterday’s low of 1,977. Weakness was further confirmed on a drop below last Wednesday’s minor...
This analysis examines ISMTLTD's weekly chart to identify potential trading opportunities based on technical indicators and patterns. We will focus on the following key elements: support at a rising trendline, a hammer candlestick, and adjusted RSI divergence. 1. Support at Rising Trendline: The most prominent feature on the weekly chart is the candlestick...
BTC/USD broke out of the previous trading range to $35,000 and has been in a bull channel continuation pattern since. Just above this bull channel is the weekly bull channel resistance which happens to be a perfect measured move setup from the previous breakout level. The probability is in favor of a breakout to the upside to at least touch the Weekly channel...
Hello everyone, this is Antonio. Because the original TradingView account expired, I stopped updating articles for a while.But my trading did not stop.To be honest, I am not a financial writer, but a loyal trader, so I pay more attention to combining the market to develop my own trading plans and trading signals, and I am keen to participate in market...
interval:240 min time identified: 18:58 pm (UTC+2) DESCRIPTION: We are entering the holiday season, and Apple stocks have the tendency to recover around this time, so we want to hop on this one. we are going long, we broke through the first bearish trendline; we want to break the next, the recent low was also taken out which is a good signal for a bullish move, a...
Recap The market has seen an extraordinary seven green days in a row, with ES not only recording its largest single green week since the first week of November last year but also forming a clear bull flag. Yesterday was largely a consolidation day, but it continued the green streak, making it an even rarer six in a row. Today, we tested 4368-66 in the morning,...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! #Solona With the GCP set up! Here are some #Elliottwave thoughts. Honestly, a bunch more it could be from here. Would have to eliminate the impulse up here for some.
Bottom of the channel was retested but the triangle breakout happened in the other direction. So a nice chance for ~36.4k BTCUSD out of this triangle breakout pattern. Then who knows. The bigger channel is quite strong, but support has been very strong. Next big move probably has to do with either an ETF, or the bulls being exhausted. Not Financial Advice.
it seems so interesting for long to me... I think it would see higher price.
Hello everyone! I suggest you take a look at the cryptocurrency WING. This coin is known for often experiencing pumps. At the moment, there is a good opportunity to catch an upward movement, possibly up to around $8.4. Currently, the price is attempting to break the 0.382 Fibonacci level, and the EMA 200 is also in that same zone, which I believe could provide a...