AFCapital21

AFCapital21

The orange circle, shows the exact moment where, at the same time, ICEUS:DX1! crossed over CME:6E1! and the 200-sma was in the middle of this crossover. The Dollar futures are gaining stregth while on the other hand, Euro futures are falling in price. After the crossover, a strong bearish candle cross the support, the price remain in congestion with...

AFCapital21

We can see a very well defined cycle, and wave 1 to 3 already created. This new cycle could be a consolidation, the price can drop to 14,6% or 23,6% level. Or even in the middle between 38,2% and 23,6%, where other wicks has already touched, creating a support, where can also occur the last candle of Wave 4. Open interest in NYMEX:PL1! is falling and the...

AFCapital21

After a downward movement, making the 139.574 low, we got strong bullish candles and weak bearish candles. Today price crossed 3:1 fan line, crossing above 143.643, the last support since early August. Today's candle close above an inverted hammer creating a bullish engulfing pattern. RSI is following the trend and breaking above 50-level.

AFCapital21

Primary trend: Long On July 10th a new high was made, and the RSI showed a Overbought condition, leading the direction to change, and create a secondary trend for about 2months The secondary trend stopped at a support, and RSI showed Oversold condition and the price rise again with strong candles. RSI has already crossed the 50 level and a pattern.

AFCapital21

NYSE:WFC crossed both 200EMA and 200SMA. ROC and RSI are confirming the direction of the price. However, DMI+ is still below DMI-, DMI- couldn't keep the strength to keep the negative direction and so it's losing strength with ADX changing direction close to DMI+. With the DMI+ already crossing DMI- in the 4hours time. Volume it's increasing together with the...

AFCapital21

Price broke a resistance, and the difference between the other breaks, is that one are followed by a DMI and ADX confirming Long, The fast SMA have already crossed the others moving averages, increasing the idea of a continuation of price rising With the cut in interest rates, and earnings in 11days, I think this will be a great price to buy.

AFCapital21

After a dowward movement since July 15th, we got a support and a change direction in early August, however during several days, the price oscillates making a rectangle. The price cross over the rectangle resistance before FED cut interest rates. The price went long and we can confirm with volume that transaction are rising. At the moment the price are in an...

AFCapital21

After the possibility of the FED cutting interest rates, there is a opportunity to gold achieve new records, and this will be beneficial for Barrick. Barrick Gold, reported EPS and Revenue above the expectations. The target will be $26

AFCapital21 Updated 

We can see that the volume is decreasing, while price is rising, suggesting a decrease in demand. ACT chart also show us a negative divergence, when comparing price with ROC. The ADX is also showing a new higher peak. And as we can see in later 2023 a higher peak was made and resulted in a decreasing price; March 2024, the ADX failed to reach a new higher, and...

AFCapital21 Updated 

After decreasing volume a flag was created, where price tend to stop in the EMA, and today we get a breakout with volume rising. This candle is also breaking the resistance that was created before by the pattern, after being crossed. After the flag breakout the RSI rise above 50. We can see the Fibo, and the buyers are pushing the 38,2%, with a possible upward trend.

AFCapital21 Updated 

US500 it's been rising since late October. March 20, after a strong candle without a lower shadow, the RSI started showing us an extreme level of overbought signal, and US500 price made a flag pattern. Today after the RSI being again in the middle level made again a similar candle almost without a lower wick, broking the flag. With this, we can see again the...

AFCapital21 Updated 

After a downward breakout on the support, the price went to the lowest lower of 1.67. However, buyers went strong and rise the price. During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area. This area was crossed...

AFCapital21

First about Gold, we can see that after the price crossed the upper line of the bollinger band, the price entered in a trading range, and also after a doji Gold got a opening above 1% from the close. After a bearish candle, the Bulls gained strength again and didn't went lower than the bearish candle on 22nd March. Today, the opening price was at the price of...

AFCapital21

After trading range during November and early 2024, an Upward Gap started a new upward trend. This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar The ADX is losing strength, and it looks like DM+ and DM- are changing positions. As a confirmation we can see the OBV and the price, that the higher high...

AFCapital21

After a formation of a double bottom, we can see the price crossing the two resistance levels. Making a Gap on Thurdays Open. DMI is showing some bullish strength, RSI is at an extreme of overbought. Volume is increasing right now, after decreasing on Thursdays. WIth these factors, the price it will probably try to close the gap or even test the new support level.

AFCapital21 Updated 

After breaking downward the channel, we can see the RSI showing a overbought level, with the DMI going lower after a peak. The volume looks to be also decreasing, with sellers losing strength.

AFCapital21

BOJ releasing the the interest rates decision on March 19. The CHF Futures (6S) prices are in a trading range, and by other side the JPY Futures (6J) making a gap Thu to Fri. This chart show a huge probability of a short position for the pair, after confirmation of a breakout.

AFCapital21

With the price breaking out the triangle side, the volume follows the buyers strenght with almost 5M shares traded on Friday. Waiting for the breakout confirmation.