After enduring two corrections, the UK100/FTSE index appears poised for a significant upward wave, potentially leading to a new all-time high. Market analysts anticipate a resurgence in bullish momentum as previous downward corrections conclude. With these setbacks behind it, the index is primed for renewed optimism and potential record-breaking performance....
We all know the UK needs more houses, and that the ones already built are waaay unaffordable. The scramble to move house in 2021 corresponded with a big rally for building and construction stocks in 2021, admittedly alongside a lot of other parts of the UK stock market. That rally retraced by exactly 61.8% (Fibonacci) in 2022 and STOPPED FALLING. Since then its...
UK BRENT OIL New forecast The price of Brent crude futures traded with strong negativity yesterday, succeeding stably without support at 86.93. We note that the price broke this level and closed the daily candle below it, heading towards achieving a further decline, with its next target reaching 85.14 level, by breaching this level will open the door against...
There is a head and shoulder pattern likely to form. I am waiting for the price to break out at the support zone, then retest it so that we can have a go ahead to place our position. I anticipate that the price might continue with the bearish momentum. My intended entry point is 7600, SL at 7630 and TP at 7500, thus R:R is 1:3.
GBPJPY H8 Probably the cleanest setup out of it's peers that were analysed on Sunday, GBPJPY resistance/support price of 183 looks very clean. We are coming up for a test of that 183.00 handle, it could certainly be an opportunity to grab shorts. As markets opened on Sunday we saw the bearish gap, I wonder if this is something that will pin and dump towards the...
On our HTF we have a clear bearish bias after liquidity pool has been swept and retraction trend coming to end with a supply rejection zone giving us a confirmation for the short... in addition, fundamental view, we have a weaker USD giving us a sure entry assurance for our swing short position.
this pail will go lower again especially the fed reserve will continue to raise rates to 4.5% and index will go lower from the highest resistance at 114 then the index will go higher again as the recession will continue so the strongest Resistance here at 1.2444 after fed continue raise rate the pair decline almost 319 pips almost 2.5% in only 2 days, we will...
LSE:HL. 1d candle chart, 4 year downtrend, short for me, maybe 2026 this thing will turn around, support and resistance marked, for sensible entry and exits.
chart looking ok for swing trades, support and resistance lines drawn. apply stop losses to your trades, good risk management. jet 2 is great long term stock to hold, but if your want to trade it, they're is plenty opportunities to make money, with good trade setups. Previous Close 882. 40 Open 895.80 Bid 880.20 x N/A Ask 883.80 x N/A Day's Range 874.60 -...
We are being prepared for another short on UKOIL, soon. Our invalidation Sl is located accurately. We will have our risk free level on the blue zone.
According to Head and shoulders Downtrendline channel Resistance and support level Convergence on CCI
The Bank of England (BoE) has a difficult decision ahead of it. Next week, on December 16, 2021, it must release its decision regarding its benchmark interest rate. The two options on the table are for the Bank to increase its interest rate or leave it as is. Why is the BoE interest rate decision on a knife’s edge? Inflation in the UK is at a 10-year...
The GBPUSD pair has been on the decline over the past few weeks. This is as a result of the rise in UK inflation and the Bank of England’s (BoE) decision on interest rates. The pair is now trading at 1.33ish which was a 3.68% decline from its highest level at 1.37949. We highlight 3 main fundamental drivers for a possible downfall of GBPUSD - Inflation rose above...
💹UK100 ⏬BUY @ 7289.5 ✅TP # 7344.0 ⛔️SL 7240.0 N.B- If have small balance to trade. Plz avoid SILVER trade now. Because market highly volatile. 📊 Trade Accuracy 80% 📊 📊 Risk Ratio 1:1 📊 📊 Follow Proper M.M & Use S.L 📊 AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel...
Looking for shorts on a intraday trade. Aiming for the hourly lows of 1770.
Price has come back on the 1 hr to retest a previous area. We should get downside from here.
Entered sells after Fridays bearish close as a Shooting star. Looking for further downside as we enter NY session.
Looking at a pullback before we go higher regarding DXY. Need to be patient for this before we go higher. So use the highlighted areas as shown on the chart.