We had Massive buys on Nas100 through out last week which was also NFP news. We should expect strong retracement to the downside after price should take resistance at 15218.00 or continue to sell to the downside.
Nasdaq 100 began the trading week with strong sell candles and eventually enters a bullish trend at the open of the New York trading session yesterday. We have NFP on Friday so we should expect high volatility at any point in time this week and trade with strong risk management. Nasdaq 100 closed slightly Lower yesterday with bearish candles. We should see strong...
Dow Jones began the trading week with strong consolidations ranging from buy candles to sell candles. We have NFP on Friday so we should expect high volatility at any point in time this week and trade with strong risk management. Dow Jones closed Lower yesterday with bearish candles. We should see strong retracement to the upside after a retest to the downside.
Traders, today we have those news releases for Wed, 28 Jun 2023..
Buyside liquidity then sellside liquidity..
Use these news as your trigger and most importantly, confirm your entry..
This view is linked to my previous view, please review it..
Price may reprice higher than H2 FVG and into my "sell area" marked in my previous idea..
Those are areas of "possible"...
Dear Traders,
I'd like to bring your attention to the current market conditions of GBPUSD. It is currently experiencing a downtrend but is undergoing a correction phase. The price is approaching a significant resistance zone at 1.26100, which coincides with the major trend. This area is worth monitoring closely.
In addition, it's crucial to take into account the...
Hey traders!
Today, our focus is on USDJPY, where we are observing a potential buying opportunity around the 138.700 zone. USDJPY is currently in an uptrend and appears to be approaching a significant support and resistance area at 138.700.
This week, we have two key events that could impact the market. First, on Wednesday, we have the Federal Open Market...
Hello Traders, In tomorrow's trading session, our focus will be on the EURUSD pair as we seek a selling opportunity around the 1.08 zone. Previously, EURUSD was experiencing an uptrend and successfully broke out of it. However, it is currently undergoing a correction phase and approaching the retrace area at the 1.08 resistance zone. It is important to also keep...
Fundamental Backdrop
Unemployment Claims decreased from 264K to 242k, far better than the forecast of 253K. This signals an overall healthier economy.
Fed Chair Powell will be speaking later on today on the concerns around the status of the US debt ceiling.
Technical Confluences
Near-term resistance at 103.500
Next resistance at 105.000
Minor...
Hey Traders, above is a technical overview on EURUSD and the most important zones to watch, Fed yesterday have threw some hawkish comments "rates are likely to be higher than previously anticipated", but before the next FOMC we have a couple of events to consider. First of all NFP and next week CPI data.
If NFP comes again above expectations that will signal more...
Hey traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 1450 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, after fed's speech today and his hawkish comments we still see a strong macro downtrend for GBPUSD to the downsides, in today's trading trading session we are monitoring GBPUSD for a selling opportunity around 1.155 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 43k zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, above is a technical overview on DXY and the most important zones to watch, we highly recommend you to monitor DXY at the beginning of every trading week if not everyday, that will help you to trade USD pairs more professionally and spot their direction!
Hey traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 1930 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
