TSLA W1 Much higher timeframe analysis here, but looking at a few top US stocks comprised int he 500 to try and marry up some relevant support lows from the next likely bear cycle we are due to expect. This could take us in to the new year, or maybe sooner, speculative analysis, but worth indicating zones, regardless the DCA principle will apply to the long...
S&P500 D1 Last cycle support indicated here, looking for this target with arrow indications. With interest rate hikes from the FED still very much active with cycling... The US stock market is likely to see another wave. Check out this analysis in line with the key global topics and investor comments above. Makes sense for further downside with upside gains...
DXY D1 With the above being said... 'key global topics' and other comments, we have to understand the market correlation and timeframes... We can take yesterdays D1 close with a pinch of salt, due to inconsistent volume, but lets see where we close after today (hoping support holds). US based FX and commodities look like they want to be correcting somewhat....
Gold H4 We sold off nicely here and looks to have broken support, but a quick flick to the D1 timeframe shows a large wick rejection, and whilst we have set new lows on the H4, this isn't the case for the D1. So we simply wait for something a little more clear which compliments both timeframes, this would give us more certainty and confidence in taking our...
USDWTI H4 We are almost reaching the end of this trading setup, eventual target was, or is... $84.50/barrel. This ties in nicely with our D1 S/R zone as indicated on the video analysis above. Interested to see where we go from here.
XAUUSD H4 Down from 1800 since Monday, but since then we haven't seen a great deal of change in flat price, the fact we have dipped down towards $1770/oz is positive for USD bulls and gold bears though. Waiting patiently for this breach of $1700/oz, convincing close below and this should see the USD gain and gold break support
DXY D1 Still quietly confident that the dollar is going to take off upside, it's just a matter of time, the data points released haven't exactly been complimentary, but that being said. The economic data points have been shaken off and we still expecting a dollar break of 107.00 we can then load up on our USD longs, commodities are still setup bearish, as per...
GBPUSD H4 Data not complimentary of the USD this afternoon, dollar has given some gains back, but we are still holding on resistance. Video analysis coming through on this setup, huge reward and targets of 1.18 still intact. This data event may just have given the entry for a 25-35R setup.
USDWTI H4 Bearish trend on this setup has really started to take off, good end to the week, but the start of the week has really picked up where we had left off. Ideally want to see a close below $87/b today or tomorrow, this would really turn the tables on the LTF and help us seek the next lower low leg. With short term targets of $84/b.
GBPAUD D1 We are now starting to see some seller exhaustion and buyer correctional play coming in. Hopefully we can pullback up towards out confluence zone of 1.72650, here we have our are a of H4 s/r, and a healthy corrective point of 618. We would obviously like some sort of H4/D1 PA confirmation to tick off the third confluence.
GBPJPY H4 This is what the third entry point would look like, very similar theme to to previous entry point #2. Principle is exactly the same, selling pressure outweighing buying pressure, support breaks with subsequent retests. Indicated expectations, lets see what unfolds.
XAUUSD H4 Whilst we sat on that hourly gold support last week, we never managed to breach it, maybe it was just a little late in the week, or maybe we just didn't have the scope. Fresh week, large moves seen so far already. Gold tanked +150 pips from open. Still awaiting a break of this interim S/R zone on the H4/H1 timeframe. Once we breach this, this would...
GBPUSD D1 This is the FX pair we are following closest with regards to USD performance, as previously mentioned, we are still 'technically' in a down trend following the data points we have recently seen, lower lows and lower highs are still in-tact.
DXY D1 Things are getting interesting for the dollar now as we approach somewhat of an area of descending resistance. Our area of support has initially held, GBPUSD has sold off from the double top resistance/supply price. Waiting patiently to see if this structure of lower highs can be broken to see if the bullish trend will prevail. Been held back a little...
USDWTI D1 Pretty much everything we are scouting out is on this higher timeframe, really trying to understand market bias and direction (USD bull continuations expected) before diving into the LTF entries (H4/H1). Nice area of D1 supply and S/R here on WTI. Targets of $85/b with a little over $2/b stops gives us over 4R potential.
GBPUSD D1 This is the bullish scenario here on cable, much more fond of the bearish continuation setup. Mileage is much better quantified, trading in line with the trend, general market correlation and the like. However, data has pointed bullish for cable during recent events. Looking to see this week out and understand where cable and the DXY sits. Then we...
GBPUSD D1 Complimentary to the above DXY analysis, if the dollar starts to pick up, this is no doubt a scenario we could see. Failing this, a breach above 1.23 and subsequent retest could see us with long entries to target 1.25. Pivot points indicated on both DXY and GBPUSD. We are still 'technically' in a downtrend though, as we are still holding price below...
Gold H4 Solid response to that $1800/oz price, +100 pips rejected already in quite quick succession. Hoping to see this pair close with a solid H4 rejection, would be 'golden' to sit on this risk free ahead of US inflation data tomorrow, consensus dropped, but solid chance of outperforming consensus.