financialfreedomgoals101

financialfreedomgoals101

Hi Fellow Trader/Investor, The Dow Jones 30 has exhibited a consistent downward movement since encountering significant resistance. Subsequently, the price has broken out of the bullish channel and the dynamic support area represented by the EMA 90 Line, signaling a continuation of the bearish trend. An in-depth analysis of price action suggests a potential...

financialfreedomgoals101 Updated 

The Fed Hawkish Stance During Wednesday's address, Federal Reserve Chair Jerome Powell reinforced his stance on tackling inflation with a more cautious approach. He emphasized that the central bank is not yet finished with its efforts to curb inflation and hinted at the possibility of implementing multiple interest rate increases during future monetary policy...

financialfreedomgoals101 Updated 

Hello Fellow Stock Traders, Here's a Technical Analysis of HRUM! HRUM has successfully surged beyond the confines of its previous bearish trendline, a development that augurs a compelling potential for a trend reversal on the horizon. This optimistic momentum is further underscored by the notable ascent above the EMA200 line, a key technical indicator. Notably,...

financialfreedomgoals101

Hi Fellow Traders! The current trend indicates a bullish continuation pattern , characterized by the price making new highs and new lows. Following this, there is a significant breakout from the falling wedge pattern, accompanied by substantial trading volumes and the appearance of a bullish marubozu candlestick. Additionally, the Stochastic has also formed a...

financialfreedomgoals101 Updated 

Hi Fellow Traders, Oil prices have impulsively rebounded after reaching the EMA200 line, thus continuing their bullish trend. Concurrently, the prices have formed a falling wedge pattern, which was subsequently followed by a breakout of said pattern. Additionally, the MACD Indicator has exhibited a bullish divergence. The breakout of this pattern and the...

financialfreedomgoals101 Updated 

Hi Fellow Traders, BNBUSDT has broken out of the symmetrical triangle pattern and is possibly heading for a crash. The price is plummeting below the lower trendline and has crossed below the EMA 200 line, signaling a strong bearish trend. To make matters worse, a Bearish Inverted Hammer has appeared after bouncing off the base pattern. This deadly combination...

financialfreedomgoals101 Updated 

Hi Fellow Traders, The GBPAUD pair has recently seen an impressive rebound after touching the EMA200 line, indicating a continued bullish trend. Simultaneously, prices have formed a falling wedge pattern, which was later followed by an impulsive breakout from this pattern. Additionally, the MACD Indicator has displayed a bullish divergence. In simpler terms,...

financialfreedomgoals101 Updated 

Since March 2022, Bitcoin has exhibited a persistent pattern of lower lows and lower highs, indicating an ongoing bearish sentiment. Notably, recent price fluctuations have repeatedly failed to breach the 32,550 resistance level, which had previously served as a support zone. Instead, the price encountered this zone twice in retests before resuming its downward...

financialfreedomgoals101 Updated 

Hello Fellow Stock Traders, Here's a Technical Analysis of TSLA! TSLA has demonstrated noteworthy price development, reaching a significant resistance level and resulting in a price gap. Subsequently, a bearish divergence has emerged, implying the possibility of a trend reversal or downward movement. Moreover, TSLA is presently forming a double-top pattern,...

financialfreedomgoals101 Updated 

Inflation US According to the latest US inflation data, the annual inflation rate in the US accelerated to 3.2% in July 2023 from 3% in June, but below forecasts of 3.3%. The Prices rose 0.2% on a monthly basis, driven by shelter costs, which accounted for 90% of the increase. Fed Hawkish Even though has a cooldown from its peak of 9.1% Michael Bowman a...

financialfreedomgoals101 Updated 

Hello Fellow Forex Traders, Here is a technical analysis of EURAUD for your consideration. The recent price action of EURAUD indicates a potential continuation of the bullish trend as it has consistently rebounded from the EMA200 line. Moreover, we can observe the formation of a descending broadening wedge pattern, followed by a trendline breakout. This...

financialfreedomgoals101 Updated 

Hello Fellow Stock Traders, Here's a Technical Analysis of GOOGL! Alphabet Inc. (GOOGL) has exhibited a notable price development by surpassing its Exponential Moving Average 50 (EMA50) and subsequently rebounding off the dynamic support level. This particular price action suggests a bullish trend in the stock. Moreover, there has been an identifiable...

financialfreedomgoals101 Updated 

The SPY Trust, officially known as the SPDR S&P 500 Trust ETF, is an exchange-traded fund designed to replicate the performance of the esteemed S&P 500 Index. Comprising 500 prominent U.S. large-cap stocks across diverse sectors, the S&P 500 Index serves as a widely recognized benchmark within the financial industry. By analyzing the chart's price movement, we...

financialfreedomgoals101 Updated 

Hello Fellow Stock Traders, Here's a Technical Analysis of BMRI! After successfully overcoming a significant resistance area, BMRI (Bank Mandiri) experienced a subsequent pullback, thereby establishing a new support level. Analyzing the trend perspective, it is observed that BMRI's price movement surged above the EMA 34 Line, which is a promising indicator of a...

financialfreedomgoals101 Updated 

Hello Fellow Stock Traders, Here's a Technical Analysis of SIDO! Industri Jamu & Farmasi Sido Muncul (SIDO) has demonstrated significant price development by breaking out of its bearish channel. This price action indicates the beginning of a bullish trend in the stock, accompanied by a bullish candlestick pattern and increased trading volume. Moreover, the...

financialfreedomgoals101 Updated 

Hello Fellow Crypto Traders, Here's a Technical Analysis of Ethereum! ETHUSDT has moved the bullish trendline and EMA200, indicating a positive trend. Subsequently, the price has formed a falling wedge pattern, followed by a breakout of the upper trendline. This breakout suggests the possibility of an upward movement. This possibility is further supported by...

financialfreedomgoals101 Updated 

Hello Fellow Forex Traders, Here is a technical analysis of AUDJPY! The recent price action of AUDJPY indicates a potential continuation of the bullish trend as it has consistently rebounded from the EMA90 line. Moreover, we can observe the formation of a falling wedge pattern, followed by a trendline breakout. This breakout suggests the likelihood of an...

financialfreedomgoals101 Updated 

Here's a Technical outlook on NASDAQ! Fundamental Drives -Easing Inflation Data ( CPI data is 6.5% lower than the prior month's data of 7.1%) -Possible Slower Rate Hike in the future or Stop hiking interest rates in the upcoming months by the Fed Price Action Analysis NASDAQ has already breakout of the upper trendline with an impulsive candlestick. After the...