SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
We are still at the start phase of the China - U.S. war & seeing it slowly brew into something bigger. 2025 - 2026 should be when we see a full out war, weather that's a physical war, economical war or a cyber war. Ahead of this war it'll be interesting to see how China prepares for sanctions from western nations; ⭕️Which financial asset classes they divert...
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. Trade at your own risk. Good luck today! Overall predicted move for the day: Bullish
Dollar Index awaits important data - Inflation data - Producer price data Higher-than-expected results are positive for the dollar and vice versa.
By checking the Nasdaq index chart in the 4-hour time frame, we can see that the price started to move exactly as we expected and it grew with more than 330 pips of yield to the range of the previous supply zone! After entering the supply range of 18360 again, the price faced a heavy drop and corrected to the demand range of 17800 to 17970! Now the price is...
POI areas for today. I personally won't be trading today. I'm waiting for price to break out of this consolidation BUT if I were, I'd wait for price to take liquidity and react to these areas. Trade at your own risk. Good luck today! Overall predicted move for the day: Bearish
In this live trading session video,we look at open positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
Take a look at our analysis for DXY. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 104.286. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Nifty in the early morning trade made a high of 22768.4 thereafter there was profit booking seen as expected post most highs. While receding the Nifty has taken support at 22622 and closed the day at 22642.75. These 2 levels will be important levels going forward. In case of further continuation of bull rally if we get a closing above 22769 the New targets or...
Fin Nifty levels (for 10-04-2024) are given for learning purposes only.
Bank Nifty levels (For 10-04-2024) are given for learning purposes only
DXY is your guide. The market truly looks like it's setting up for the next big move now that we are rolling in April (new month and after ftmo week). On a macro level 4hr. -As a technical trader waiting for a cake set up, I see... 1. DT trend line creation. 2. H&S 3. B&R? Price does look as if it has just broken a channel and pulled back for the retest (current...
Well, there you have it folks, a beautiful execution with a TP hit. Trading zone to zone as a swinger is my style and using that DXY as my guide is a gem. Until next time, -Neke {The Soul Connect}
Nifty Bank levels for (09-04-2024) are given for learning purposes only.
Nifty levels (For 10-04-2024) are given for learning purposes only
💵DOLLAR_INDX, H4 💵 9 April 2024 The Dollar Index, tracking against a basket of major currencies, saw a slight retreat in anticipation of upcoming US inflation figures later this week. Despite upbeat reports on Nonfarm Payrolls and the Unemployment Rate, economists forecast a potential dip in inflation compared to the previous reading. Projections suggest a 0.30%...
Still a few hours too soon, maybe. But quick frame is shaping up for another leg down to 5100. M.East may become the trigger for a deeper pullback.
DAILY Mid trend, so stay the fxxk away 4H Impulsive bearish candlestick currently forming, which will keep the drive going down to find support. 18000 will give us a point of interest for price, where we will look for patterns before using candles for confirmation. 1H Current candle is bearishly engulfing and giving more signs of bears killing momentum of the...