financialflagship

financialflagship

Last week, Copper almost ended the week where it started, ranging the entire time. In this context, we would carefully study the price action as the price could go both ways from here. We suggest to avoid trading this pair for now. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not...

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Last week, US Crude Oil slowly increased and made new higher highs. The way it is developing it looks like the bullish rally is starting to slow down. This is a sign that any time the price could start falling. In this case, in the coming week we would expect a trendline breakout followed by a small pullback that will represent the trigger for the bearish...

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As we were expecting in the past weeks, the US Dollar finally started to gain some bullish momentum and managed to break-out from the liquidity pool. For this week we expect the price to make a small pullback towards the bottom channel line and head towards the resistance level. Trade with care. Best regards, Financial Flagship Disclaimer: The...

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Last week, we were expecting the Australian Dollar to reach the resistance level highlighted on the chart. Instead, the price didn’t gather enough momentum and started to depreciate. In the coming week, we expect the price to continue to drop and hit the support level. We recommend caution when trading this pair as we find ourselves in the middle of a complex...

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In our previous outlook, we correctly anticipated USDJPY to fall into consolidation. For next week, we expect the price to continue the bearish momentum and test the support level. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you...

financialflagship

VeChain (VET) is a supply chain platform based on blockchain technology. VeChain was founded in 2015 and debuted in June 2016. Its goal is to establish an ecosystem that uses distributed governance and Internet of Things (IoT) technologies to tackle some of the most pressing supply chain management issues. The platform manages and creates value using two in-house...

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Charlie Lee, the inventor of Litecoin, has revealed two major changes coming soon to the 13th largest cryptocurrency. Lee explains why Litecoin's impending upgrade, which will increase the digital token's fungibility and privacy, is critical to sound money principles in an interview with crypto researcher Scott Melker. Technically, this week we can see a move to...

financialflagship

David Guetta, a well-known French DJ, is selling his Miami Beach apartment for $14 million and is accepting Ethereum as payment. On CNBC's Squawk Box broadcast today, Reddit co-founder Alexis Ohanian backed the Ethereum blockchain. He added that Ethereum accounts for a big portion of his assets, and that he prefers the blockchain due to its wide range of...

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Ripple is proposing a massive XRP ledger upgrade that, according to the firm, could unleash decentralized finance (DeFi) and smart contracts throughout the larger XRP ecosystem while maintaining the efficiency of XRPL. According to David Schwartz, Ripple's chief technical officer, this will be accomplished through the use of federated sidechains. The SEC claims...

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This week, El Salvador became the first country to legalize bitcoin as a form of payment. The Bitcoin Law was passed by a "supermajority" of lawmakers in the Central American country's Congress, with 62 out of 84 votes in favor. Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The company is...

financialflagship

Our latest update for this pair was in the middle of May, 4 weeks ago. Since then, the pair moved in the same trading range that was moving back then. Now on the 4h time-frame it is reaching the support area again and we must decide what will happen next. Will it break this range and continue to the downside or go to the resistance area once again? The higher...

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This pair reached the top (156.100) on the 27th of May and then started correcting. This correction is a higher degree one than those marked with a red channel on the chart. As we can see on the 4h time-frame, the probability is higher for a small continuation to the downside (with or without retracement) until the price reaches the decision zone/support. There we...

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U.S. stock futures edged higher Tuesday, with technology shares on course to lead gains at the opening bell, as Nasdaq-100 futures rose 0.6%, pointing to a third consecutive day of gains for large technology stocks. Technical overview: In the coming days, we expect the price to pullback from the resistance zone towards the support area that we highlighted on...

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In our last forecast, we were expecting Natgas to correct and reach the support level. Instead, the price continued to consolidate, despite our bearish expectations. In the coming week, we expect the price to become bearish and fall towards the support level, as the structure hasn’t changed. This might happen after we reach the top one more time. Trade with...

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Our previous forecast for Silver came true, as we anticipated the bearish move that took place last week. In the coming days, we expect the price to break the orange trendline and make a new top. Don’t forget that we are in a strong weekly bullish trend and in the medium-term to long-term we expect the price to reach the $50 psychological level. Also, if you’ve...

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In our previous forecast, we correctly anticipated that Gold will start a pullback towards the support area. Our forecast for this week is that Gold will break the top once more. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you...

financialflagship

In our previous analysis for this pair, we correctly anticipated a new top and the bearish move that followed. For this week, we incline towards a bearish move that will test the support area highlighted on the chart. There is a chance that this move might happen after we break the top one more time. However, our focus will be on the sell setups. Trade with care....

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In our past analysis, we correctly forecasted that EURUSD will start a bearish move that would act as a consolidation for the Daily uptrend. For this week, we expect the price to make a pullback underneath the trendline and fall towards the support level. Another option is that we may break the top again. This might happen if we break the orange trendline and make...