tegasFX

tegasFX

Hi Traders, due crisis in Israel Gold made a massive rallye. It even breaks at downward trendline which is a bullish sign. Nevertheless we think its time for a correction. $2000 is always a region for bulls to take their wins. So we assume we might get a pullback towards $1930 . At this area new longs are getting interesting again. Wish you great trades! Team tegasFX

tegasFX

Hi Traders, quick Update on Bitcoin. The Market is moving as we expected. The news on Bitcoin ETF pushing the Price towards $30.000. We are quite sure we wil see new High (above 33k) until end of this year. If the market breaks the resistance the market might rise up very quickly because of FOMO. Wish you great Trades! Team tegasFX

tegasFX

Hi Traders, at EURUSD we should closely watch the behavior at the trendline. If we see a clear reversal this might be another short option. But if this breaks a long trade would be better option. Team tegasFX

tegasFX

Hi Trader, Bitcoin seem moving exactly as we predicted last time. And looking at fundamental situation we will likely see high demand with a launch of Bitcoin ETF - likely beginning of 2024 which is also close to Halfing. Only with a spot ETF the demand could easily double the price of Bitcoin. So we are longterm bullish for it. Team tegasFX

tegasFX

Hi Traders, for the German Index DAX we clearly see a very important zone: 15.450 There are 2 possible Scenarios. Scenario 1: He market accepts the support zone and we see a reversal. Then we can trade a pullback to 16.000. Scenario 2: The Support will break. Then we expect sharp movement to 15.000 - following a pullback to the former support (which will...

tegasFX

Hi Traders, when will ETH hit moon? 🌔 Will ETH in general be able to hit new highs? Thats the big question. Right now from technical point of view we have bad news for the bulls... Here are some Short Indications and some points that can make hope... Short Indicators: 1. Trendline Break - the long trendline was broken with massive Volume and movement on...

tegasFX

Hi Traders, last week the US500 did a correction as expected. Right now price is at a interesting level for Bulls (arround July High) Next week we have to put our eyes on the US inflation data. On wednesday we have the Core CPI. The forcase is +0,2% What is the core CPI? The Core Consumer Price Index (CPI) measures the changes in the price of goods and...

tegasFX

Hi Traders, the Nasdaq100 generated a new long signal in daily chart. The market made a reversal and a new fractal high was made. In General we have a nice upward trend. The market is above the EMA200 and US economy seem to be quite stable and resilient against high interest rates. Looking into Q3 and Q4 and possible outlook for interest rate cuts we might see...

tegasFX

Hi Traders, quick update on Bitcoin. For sure the downward movement was not the best technical underlying for Bitcoin. The possible Trendline is broken but indeed we still have a long trend as long as the low at $24.900 is not broken. So it is still possible to trade in long direction - but with small and adjusted risk. The SL should be under the last low. Wish...

tegasFX

Hi Traders, Silver is at a interesting zone right now. One the one hand the longterm long trend is still valid. But we are close on the last low at $22.1 At this zone we have a massive support with last Daily low and also longterm daily trendlie. Looking at today´s candle it seems that we might get a long reversal (possible bullish engulfing). TP could be the...

tegasFX

Hi Traders, Bitcoin is still consolidating. We still waiting for the next big bullrun. Currently the price is almost touching the trendline. So there are 2 options right now: 1. Wait for new High and trade a breakout or 2. Open Position when we see a clear reversal at the trendlinie It is also possible to combine these ideas and work with multiple positions...

tegasFX

Hi Traders, at USDJPY we are close before a massive long breakout. But for sure we have to watch the economic data.... WEEKLY FUNDAMENTALS 🗓 Watch out the Economic Calender for week 33/2023 👀… ℹ️Important economic data: Tuesday: Retail Sales 🇺🇸 Wednesday: RBNZ Interest rate decision🇳🇿, FOMC minutes 🇺🇸 Thursday: Philly FED Index 🇺🇸 Friday: CPI EU 🇪🇺 FOMC...

tegasFX

Hi Traders, Apple crashed over 10% within the last days😱😱. What to expect next? In our opinion this might be a good chance for all longterm investors. If you take a look at the rallye since march it was surely time for a consolidation and buyers took simply their profit on news. For now the price is a the highs from 2022 which might be a supportive zone. So...

tegasFX

Hey Traders! 👀Watch out the Economic Calender for week 32/2023 ℹ️Important economic data: Tuesday: German CPI 🇩🇪 Thursday: CPI USA 🇺🇸 Friday: GBP UK🇬🇧, PPI USA 🇺🇸 Inflation Data ahead. In this week the main focus will be on the inflation data. Based on this data we might geht a hint about the next steps of ECB🇪🇺 and Federal Reserve🇺🇸. A lot of analysts...

tegasFX

Hi Traders, the EU50 lost over 3,5% within the last 2 days. Is this only the first drop before big selloff 📉📉? Or a normal consildation? Which zones are important? If we look at the Chart the longterm Uptrend is still valid. So for now it looks like its a normal consolidation. Important Zones are: Support: Zone between 4350 and 4300 Resistance: ...

tegasFX

Hi Traders, we have a busy week ahead. We have 3 central bank interest rate decisions and a few other fundamentals coming up. Week 30/2023 Monday: Purchasing managers' indices DE🇩🇪 , UK 🇬🇧and USA 🇺🇸 Tuesday: ifo business climate index🇩🇪, CB consumer confidence🇺🇸 Wednesday: FED interest rate decision🇺🇸 Thursday: ECB interest rate decision 🇪🇺 Friday: BOJ interest...

tegasFX

Hi Traders, in USDJPY we see a possible Long Option. Big Picture shows a Double Bottom Formation . Market had now pullback to neckline is now ready to take off for new Highs Possible H1 Entry Possible H1 Entry is Entry when we get a new high. Wish you all success! Team tegasFX

tegasFX

Hello Trader, this is our first trading idea🔥🔥. In the coming days , weeks and months we will try to provide helpful ideas and valuable content. Please note that the ideas are not a call to action. We only present our personal opinion. What you do with them is up to you. Bitcoin Analysis Let's start with some important facts. Trend: here we have a clear...