We share here a continuation analysis on EurAud for the coming week. Technically, we spotted a demand zone formed from last week an price reacted real nice but was short lived, recently we see price approach the Weekly demand zone from where we expect to see bullish reaction to take a trade from.
The idea shared is an analysis of USDCAD for a mid term swing. Fundamentally, The CAD has shown strength owing to the recently released retail sales reports as opposed to the retail sales report from the US earlier on. Sentimentally, due to the recent shortage in supply for oil, the demand for oil has increased and given that Canada remains the 3rd largest...
Looks like a nice position for the upcoming week, using pre-week analysis. Always remember to manage your risk.
Here We share with you a trade idea on euraud. There is no much information fundamentally. Technically, after a massive impulsive fall on Euraud, we saw a bullish weekly candle at a key demand zone, looking further to the daily charts we saw a bullish pin bar (Hammer) giving us reasons that the Euro may be looking interesting for a buy. Because, we over here...
* Seems we are in a ABC Elliot correction wave ready to take off. *People that sold at 60-70k already sold, holders who doesnt seems to continue holding. *BTC on Exchanges are LOW *RSI in same levels from last bullrun to 69k My prediction is BULLISH on weekly chart. NOTE Weekly chart, we have to wait 3-6 months to see Not Financial advice Just my thoughts...
The idea shared is an analysis of GbpUsd for a mid term swing. Fundamentally, The Usd is still showing strength owing to the recently released NFP reports. Next week will shall be keeping an eye on interest rates desions. Sentimentally, As the UK enforces hard economic sanctions as a result of Russia's involvement in Ukraine, sanctions placed on one of the...
GOLD on the daily chart is testing a weekly resistance level at the 1910. The price has broken the descending weekly trendline showing us a market strength and the uncertain economic situation can create a new bull run on XAUUSD with a test of the previous historical high. How can we approach this scenario? The bull pressure on the weekly resistance with high...
Crypto is open all week but stocks are closed for President's Day. Let's do our homework to see where the key levels are for Bitcoin BYBIT:BTCUSD , Ethereum BITFINEX:ETHUSD , the S&P 500 AMEX:SPY , Gold COMEX:GC1! , Oil NYMEX:CL1! and Apple stock NASDAQ:AAPL
Not much to say. Ranging market. But more on the upper half of the channel, if price breaksout, expect high volatility.
Upward Trend. If the US Continues to beat the war drums with Russia, the markets will push even higher. Also with no news surrounding Covid, the British economy looks great.
in BTCUSDT weekly timeframe, last week candle closed as we call it "shooting star" candle. this is not a good news because after such candles we usually have a bearish market for some weeks. so watch your long positions.
The strengthening of the US dollar and the narrowing of the yield differential between US T-bonds have fueled the rise of XAU/USD. Furthermore, in response to Jerome Powell's comments on Friday regarding high inflation, the gold price rose to its highest level since early September at $1 815.50 before falling again shortly after. Before this weekend's holiday...
Hey folks, happy Thursday! I am currently on the weekly chart for CODX and it seems to be forming a long-term bull flag with an ABCDE correction pattern. The long position might take a few weeks to play out but it looks bullish long term wise.
Good weekend, As usual, here's our weekend analysis for the week's trades by our Indicators now available Open Source by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Traditional” settings with the Ichimoku Kinko Hyo. Tendency: As described in the previous weeks, the downtrend weakened a lot and the Kijun Trend Indicator also indicated the...
In the big picture. We can notice the pattern's right shoulder that has not been created properly yet 49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started. When we look at the daily. It is quite...
This is a EURGBP chart. In this, the major trend is up. in history, the price has given 4 times of respect to the major trend. on 29 December price is making a new high, sellers are entering on this signal breaking the major trendline and by making an excess price from 78.6 % of the level is going high. here supply gets converted to demands and the intermediate...
NSE:MARUTI has made inverted head and shoulders pattern on weekly chart. It can be good choice for long term investors and swing traders. Trade Details: Entry: 8600 or below. Stop Loss: 7800 Holding Period: at least 3-4 months It can reach a new all time high in near future. Auto Sector Index has also made an hammer on weekly chart at an important...
Hello Friends! This is a weekly look at Bitcoin’s chart. Bullish case: Needs to break out of the downward channel and take out $41.2K. Bearish case: If bitcoin breaks below $35.6k it will open the possibility of $29.2K being targeted. If $29.2 breaks, $25K will be the last support before it enters a longer bearish move. As always thanks for your follows,...