Hello traders, Here we can see clearly the next move for BTCUSD, were using LTF for a clearer view of our analysis, while baring in mind its going to be a BULLISH move (uptrend) BUT were still in a BEARISH market, so we have to keep that in our mind while we trading this BULLISH move, Keep a close eye on BTCUSD today, Happy PIP hunting traders
Gold was up $6 to $1771.9, the precious metal was above 20D MA (@ $1731) & below it 50D MA (@ $1796), Here we can see clearly the next move for Gold, while we can see clearly its trading within a Bearish Ascending Wedge, This is a bearish reversal signal & the lack of progress higher has confirmed a sentiment shift, A break of support @1772.00 should lead to a...
Hello traders, hope you all are having a good weekend, Here's a quick brief news update regarding Bitcoin, cryptocurrencies undisputed KING. Bitcoin tumbles to new 18-month low as crypto sell-off accelerates. The world's largest cryptocurrency fell as much as 7.8% to $20.289, its lowest since December 2020. It has lost around 28% since Friday & more than half of...
The Nasdaq 100, also known as the Nasdaq 100 index, or US tech 100, is a market capitalization system featuring more than 100 of the largest publicly traded non financial businesses on the Nasdaq composite index. On Tuesday, U.S. stocks closed in negative territory as Walmart earning alarmed investors, the Nasdaq 100 ( US100) dropped 241.51pts (-1.96%) to...
On Tuesday, Gold was about flat to $1711.3, the yellow precious metal was below its 20D MA (@ $1770) & below its 50D MA (@1813), the 14d RSI below (26.18) indicates gold was over sold, while the precious metal has been consolidating for the past few days despite the fact we have seen weakness in the dollar index. Here we can see clearly the latest news for Gold, &...
On Wednesday, U.S. stocks closed in negative territory for a third time this week as the year over year inflation rate increased by a higher percentage than previously expected. The Dow Jones Industrial Average fell 208.54pts (-0.67) to 3077. Here we can see clearly the next move for US30, baring in mind it's a quick scalp as we're still in a bearish markets &...
MARKET COMMENTARY: On Monday, the U.S. stock market was closed in celebration of Independence Day, On Friday U.S. stocks showed signs of stabilization as Treasury yields sank lower amid recession fears, The U.S. 10-year Treasury yield slumped 13.3 basis points to 2.880%, below the closely - watched 3.000% level for the first time since June 10. The Dow Jones...
On Monday, U.S. indices plunged to start the trading week in a negative territory as investors continued to digest the CPI figures releases last week. The Dow Jones Industrial Average fell 876.05 (-2.79%) to 30516. But we can still see clearly the next move for US30 for a quick BUY Setup, we're using H2 time frame for a clearer view of our analysis. We got our...
Here we can see clearly the next move for Dow Jones Industrial Average ( US30 ), we got out EP ( blue line )n & our TP ( golden line ). We are using M15 for a clearer view of our analysis. On Wednesday, U.S. stocks closed in negative territory for the first time this week as the Dow Jones Industrial Average fell 269.24pts ( -1.08 % ) to 32910. Keep a close eye on...
Here we can see clearly the next move for gold on H2 time frame we're using for a clearer view of our analysis, baring in mind its Nonfarm Payrolls today at 1:30 pm (+01:00, BST), so we need to be very cautious trading during those hours as we can't predict the market manipulation, spikes & so on. Gold was up $22.1 to $1868.7. The precious metal was above its 20D...
Here we can see clearly the formation of Double Bottom (W) on the M15 time frame. Baring in mind we using M15 time frame for a clearer view of our analysis, & this is a quick scalping move due to the fact the GOLD Market is overall Bearish & it's below 50D MA. Keep a close eye on GOLD, world's no1 precious yellow metal. Happy PIP hunting traders.
Hello fellow traders, hope you all are having good trading days. On Thursday, U.S. stocks closed in positive territory for a second consecutive trading session. The Dow Johns Industrial Average (US30) rose 516.91 pts (+1.61%) to 32637. But we can observe a retracement taking place in coming hours or days, before we can see the continuation of the up trend move for...
Here we can see clearly the next move for BTCUSD on 15m time frame, we got our EP (blue line) & our TP (golden line). Happy PIP hunting traders.
Here we can see clearly the formation of (H&S) reversal pattern forming on the 15m time frame on US30 (DJ30) index. Barring in mind we using 15m time frame for a clearer view of our analysis, hence we cant predict the duration of the move, we've got our EP(Blue LINE) & TP1 & TP2 (Golden Lines) Keep a close eye today on US30 (DJ30), America top 30 companies. Happy...
Here we can see clearly the next move for US100, we got our EP(blue line) & our TP(golden line). Baring in mind we"re using M15 time frame for a clearer view of our analysis, so we can't predict the duration of the moves. On Monday, U.S. stocks closed in positive territory. The US100 (Nasdaq100) added 221.05pts (+1.72%) to 13075. Keep a close eye, & Happy PIP...
Here we can see clearly BTCUSD is moving smoothly within the uptrend channel & it's been trapped within the confines of the $40.000 to $48.000 which has proven to provide firm levels of support & resistance for both the short & long term move. We've got our EP (Blue Line) & our TP1, 2 & 3 (Golden Lines). Keep a close eye on BTCUSD the coming days, weeks &...
Here we can see clearly on H1 time frame the clear divergence showing on the RSI Indicator from the actual movement on the price action, keep a close eye on US30 today or coming week. Happy PIP hunting traders.
Here we can see clearly the next move for US100, we got our EP (Blue Line) & our TP (Golden Line). Happy PIP hunting traders.