POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
For now it is to watch and let effect take as to what will happen. We don't predict the market but we forecast from signs of the market and we build ideas on that, then according to our plans we set out to make the most we can. Hear we have different highs and probably why the sell off has not began. But we know that we are in a correction of a bearish leg. This...
Dow Jones (DJI) broke on Friday above its 1D MA50 (blue trend-line) for the first time since April 10 and even though it failed to close above it, today has already established the price action above it. This is a strong first bullish signal but isn't enough by itself. Even though the 1D RSI has already turned its MA from Resistance to Support, we need to see a...
Do not sleep on a bullish market... Sells are only retracements... Historically bullish moves on the biggest timeframes Every Zag needs a Zig Every Zig needs a Zag You have been warned.... #patience #auberstrategy #zigzagtheory #whywewait
The week has started with the British index closed for the Bank Holiday at the beginning of May. Europe faces Spanish unemployment rates and PMI data from several countries including the Eurozone. These are expected to be slightly positive and the market has started off higher all morning on all European indices with slightly more positive forecasts than in their...
The price has stabilized above the 17895 resistance, which shows us the highs and lows of the chart, especially above 18050. We typically have a rise to the 18050 level.Any stability above this level confirms the upward transaction However, today the market is moving very quietly. It may drop after reaching the 18050 resistance and only move between this level and...
The US30 index has broken through a key support level at 38570, indicating a bullish sentiment in the market. With this breakthrough, traders anticipate the index to target the next level of resistance at 39000. This shift in momentum suggests increased optimism among investors, potentially leading to further upward movement in the US30 index.
U.S. stock index futures rose on Monday, signaling potential further gains on Wall Street amid increased anticipation of a Federal Reserve interest rate cut later this year. After a tumultuous April, U.S. stock indexes seem to have found stable ground, buoyed by an unexpectedly strong first-quarter earnings season and optimism over potential easing in U.S....
We can attempt to buy NAS100USD from specified level as it break last LH , also there is bullish divergence indicate that it move upward. SL , TP mention in chart.
The price has stabilized above the 38540 resistance, which shows us the highs and lows of the chart. We typically have a rise to the 38840 level.Any stability above this level confirms the upward transaction However, today the market is moving very quietly. It may drop after reaching the 38840 resistance and only move between this level and the 38540 level. We...
Will DXY continue to bearish? Below 106 DXY still perform bearish
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday after the release of US fundamentals. The Index broke a solid horizontal resistance. The market may start a bullish rally now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
I believe the snap 500 and nas100 are done with the temporary trend to the upside, we are likely to see a continuous momentum to the downside. The price is from a premium price level , thus bouncing on the golden fib Zone.
US30 - Momentum Regime Current: Strong, From Neutral Ascertain which phase the index may be in, as per the momentum regimes. Ranked from overbought to oversold.
And I assume that is true, because otherwise, DXY would be trading much lower. Whomever(s) are responsible for one of the nastiest price corrections I have seen are undoubtedly ready to throw in the towel, after wiping the paint off their faces, because deep down they know, they will have to deliver the dollars. Unfortunately, unless they are in that process as...
Join FXCM senior market specialist Russell Shor for the morning market review.
Join FXCM senior market specialist Russell Shor for the morning market review.