NZDUSD expect it to push a little bit higher before the dollar returns. Share your thoughts in the comments Like and follow for more content
NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our mini rayline, it then impulses back down and a subsequent tight flag forms, then I'll be looking to get short on the break of the flag so long as all of the...
Let's see how the market preceives the elections Results...
A Biden Presidency gave the SPX a bounce to test 3647 after it bounced of weekly support near 3176. A long signal was issued on the 4hr charts at 3351 on the 3rd of Nov 2020. A long signal was issued on the day charts at 3471 on the 5th of Nov 2020. Target now stands at all time highs if we can break and close above 3647. Support for the ST is at 3400. A break...
With or without a retest, we're ending at ATH before january.
#USDJPY: (1D): As expected, the downtrend continued to the downside, finally breaking the descending triangle after ranging in it since June. What we need now is a retest of it. Fundamentally, the sell off is to be addressed to Biden winning, which means more fiscal stimulus for the US and a freer approach to trade. This results in a weaker domestic...
S&P 500 and presidential elections
The elections in the USA have a strong effect on the price. After seeing the huge surge in the price of gold we also see the major increase in price of BTC. In just three days, the price has increased by 20%. The dominance of BTC is increasing as well, and alts are bleeding. This behavior is common when BTC is growing a lot in a short period of time. But there is...
Analysis based on Fundamentals and Price Action. With Risk Management you will never loss. Thank you
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this post, I'll be discussing the current situation of the US presidential elections, and the market outlook depending on some of the probable cases. Election Results - To begin with, the...
In this technical analysis I will describe the most important levels for Gold at the moment. I will walk you through each of the levels on the chart and explain how you can use them. Based on empirical evidence, we can observe that the election moving in favor of Biden is good for the price of gold. We have seen that as Biden moves closer to a victory, the price...
Cleaner Chart: The recent increase in acceleration (known as "jerk") of US COVID cases is "re-bending the curve". In this context the verbal descriptions of change, and its derivatives ,becomes both interesting and important Charts showing ongoing change in confirmed US COVID19 cases are themselves constantly changing. Understanding these 'charts of change'...
In this technical analysis on gold, I will show you how I used a parallel channel, horizontal support and resistance zones and a head and shoulders pattern to conclude a short trade set-up. All information is available on the chart.
Analysis based on Fundamentals and Price Action. With risk Management you Will NEVER loss. Thank you.
Daily/4H/1H time frame analysis on gold. Price action, patterns, structure discussed. Bearish scenario explained. Please, support this video with like and comment! Thank you!
#XAUUSD (Gold) (1H): The large indecision of the past days is reflected on the chart, forming a triangle, which is now being broken to the upside. This could be a good opportunity for a medium term buy position if the retest + rejection of previous high will occur.
A massive spike in stock prices has occured this week, rallying towards the upper trend line of the September wedge. Unless both sides of the US elections will accept the result soon, be careful in this market. If there's one thing that investors dislike, it's uncertainty. With Trump already questioning the results beforehand, chances are that the stock market...