– Previous Daily candle closed weak Bearish around 1820.200 as price still ranging withih the 4h timeframe prior to NFP this Friday. – Buys on close above 1829.200 targeting 1h Strong Resistance formed around 1837.700, Leaving Runners to the next Hourly Strong Resistance formed around 1845.000. – Sells on close below 1815.500 targeting Weekly Support formed at...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 02:40 AMEX:UNG Stock Forecast 04:50 USO Oil Stock Forecast 07:05 Gold XAUUSD Stock Forecast 09:00 US dollar DXY Stock Forecast 10:39 Silver XAGUSD 12:41 QQQ Stock Price Forecast 15:06 Sp500 ETF Price Forecast 16:11 Tesla Stock TSLA Forecast Technical Analysis 16:58 Nvidia Stock NVDA Forecast ...
In these unpredictable times, it is crucial to strategize and safeguard our investments against market volatility. While some may shy away from uncertainty, smart traders like yourself recognize the immense opportunities that lie within. By focusing on defensive market sectors, we can position ourselves for success, even in the face of adversity. So, what are...
Good evening gold gang!! another good day on the charts!! unfortunately stopped twice in NY but took a nice sell in london bagging us a break even day in the end. In hindsight .. day before NFP is a tricky one to trade as price is consolidating mostly awaiting the big move .. so we became liquidity. Followed the plan and stuck to my loss rule so all is not lost...
✅USOIL is falling down and It broke yet another key Horizontal level of 84.44$ Which is now a resistance And the breakout is confirmed So I will be expecting Bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I think oil will now bounce to test $94. I'm short term bullish; medium term bearish. Oil took a hard dive "low liquidity run" through the previous swing-low which was taken out. The next swing-low is $77-ish. But we are hitting 20 week MA and prior old highs at the same time. Thus the slow stochastic weekly losing embedded (was above 80 now falling below 80)...
R3 LRS 1853 -R2 MRS 1833 -R1 HRS 1823 SNR S1 HRB 1823 SNR -S2 MRB 1814 Sma200 W1 TF -S3 LRB 1803 SELL> 1933 - 1853 BUY> 1814 - 1803 FOLLOW UP D1 On Death Cross W1 On Support Sma200 / 1814 MN On Resistance Sma44 / 1827 MN On Resistance MACRO FIBO MN 50.0% / 1848 OBSERVATIONS: Being two days in sideways and continuously squeezing range. Price action is on the...
Gold / XAUUSD is consolidating on a Falling Support, while the 4hour RSI is on a Rising one. This is a Bullish Divergence, the kind we saw in August 17th-21st. That was a short term bottom and once the 4hour MA50 broke, a rally to Fibonacci 0.618 was initiated. Wait for it to break again and buy, aiming at 1896 (Fibonacci 0.618), or adjust if the price makes a...
Update:- USOIL is losing its momentum but it looks like it will retrace back before going below 89$. Detailed analysis is marked on the chart. Note: This is purely based on my analysis and not a financial advise.
Crude Oil - Elliott Wave Count Crude appears to be completing wave 4 near 78.5$, with an impulse wave 5 up move expected. Remember that if the price drops below 78, it is considered invalid. This information is for educational purposes only, so trade with caution. MCX:CRUDEOIL1! NYMEX:CL1! TVC:USOIL MCX:CRUDEOILM1! CAPITALCOM:OIL_CRUDE FX:USOILSPOT...
Natural Gas - Elliott Wave Count On the Daily charts, NG displays a clear Triangle Wave formation, indicating that the market is likely to undergo a significant correction toward the 162 range. It is advisable to exercise caution when considering long positions. However, if the market breaks above 272, this view would be deemed invalid. Please note that this...
Preferred direction: BUY Comment: The franc continues to accumulate at the level of 0.91475, which contributes to the formation of a new springboard for a move higher. The US dollar is also expected to rise here; a particularly strong movement is likely to be expected tomorrow. The purpose of growth will be to update current local maxima. Thank you for like...
On October 4, 2023, the OPEC+ ministerial panel did not make any changes to the group's oil production policy after Russia and Saudi Arabia announced continued voluntary supply cuts to support the price of black gold. However, Brent and WTI crude futures have fallen more than 13% over the past week on concerns that central banks could raise interest rates again...
In technical analysis, a "Double Bottom" pattern is a bullish reversal pattern that typically signifies a potential change in trend from downward to upward. In the context of AMEX:GLD (Gold), spotting a Double Bottom pattern suggests that the asset has tested a support level twice and rebounded, indicating strong buying interest at that price level. This can be...
Preferred direction: SELL Comment: The dollar continues to strengthen and most likely non-farm tomorrow will sufficiently confirm this. There is a good accumulation of purchases for the Australian dollar; this, in turn, is a potential big downward movement, which we expect tomorrow. It is better to log in tomorrow. Thank you for like and share your views!
Hey Everyone, Not much action outside of the range today. Price continued to range between 1831 and 1817 with no ema5 cross on either level to confirm the next level. All moving averages have also started converge together, which usually happens NFP pre-event gearing for a breakout on tomorrows release. We are not committing to anything big yet and will wait...
Preferred direction: Neutral Comment: Sell-priority is maintained in terms of price. Level 147.816 is in focus. On non-farm, the price can dive deep down and then try to recover. You need to be as careful as possible with this currency pair tomorrow during the release of labor market data. Thank you for like and share your views!
Hello friends This is my long stop for Bitcoin. I believe that the breakout will happen soon and you can enter a long position.