We have not very good situation with inflation Still there is a war All major indexies had bigger corrections but uk100 has not and of course we are going up and hitting to ATH resistance soon so in my opinion the price could drop a little bit 2-4% to the downside. we will see, it's not a recomendation but I'm curious what do You think. It here any other...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! PSA: Get one thing...
Following daily chart. There is a clear reversal H & S pattern here. TP 7.68 SL 4.36
The 2/10 treasury yield spread is quickly flattening and an inversion could happen soon. All of the previous yield curve inversions are associated with memorable market sell-offs and recessions. I believe the ripple effect of the ongoing financial and economic sanctions against Russia will end up being the catalyst for the next meltdown. The market conditions...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! $US30 has been...
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has...
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has...
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to see...
German data was in the spotlight on Wednesday, with the release of German inflation and ZEW Economic Sentiment. The numbers were worrying, but the euro's response was muted, as the currency trades in the mid-1.08 range. German CPI for March came in as expected, at 7.3% YoY. Still, this was a large jump from the 5.1% gain in February and marks the highest...
$35 is my first target. Have a tight stop loss at 27. Must stay above 27 for it to reach $35. Chart looks bullish with consistent higher highs.
"The Bank of Russia, the country’s central bank, has surprisingly announced a fixed price for buying gold with roubles" - The Conversation 05/04/2022 Announcement: 5000 Rubles per gram tied to Gold! - As of March 28 2022 Just an insight of how this may impact the price of Gold: There are 28 grams in each ounce. 28 grams for 5,000 rubles per gram is 140,000...
Weekly Time-frame We are currently sitting in the breakout area of the double bottom. If we don't hold this area we can expect more to the downside. If we hold this area we can expect a massive pump again but this has little to no probability at all. Bearish has more bearing to happen than the bullish scenario as we can see the SPX Russel 2000 stocks are...
Decending wedge, trend reversal to push oil up ... look at the news I guess.
Brent Oil can get more cheaper due to Russia Ukraine Cool off. Moreever. In a short term or long Term it can test lower levels Levels as per dynamic Support & Resistance.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to see...
EURGBP runs lower yesterday. The EURGBP is following the EURUSD's move and in the process has shifted the bias back to the downside. Investors remain worried that the European economy, which relies heavily on Russia to meet its energy needs, will suffer the most from the spillover effect of the Ukraine crisis. But Bank of England had softened its language on the...
The New Zealand dollar continues to rally and is up 0.82% this week. Earlier in the day, NZD/USD punched above the symbolic 70 line and rose to 0.7034, its highest level since November 2021, before retreating lower. The US Services PMI for March pointed to continuing expansion, with a reading of 58.3. This was shy of the consensus of 58.9 but an improvement from...