Technical Analysis and Outlook: The Eurodollar practically went into euphoria to the upside after fulfilling our Inner Currency Dip 1.0820, with leftover Mean Res 1.1080 - the bullish moves are possible to this newly created resistance. The retest and revisiting Mean Sup 1.0850 and completed Inner Currency Dip are imminent - The Key Sup 1.0690 is next.
Technical Analysis and Outlook: Presently, the interim downtrend is completed, and rebound is targeting the current Inner Coin Rally of $41,350. The Mean Res $40,000 is stubbornly holding the coin from advancing higher. Additional bullish scenarios are also possible within this trend.
Technical Analysis and Outlook After piercing our extended and currently completed Outer Index Dip 4150, the index is heading to newly created Mean Res 4395 and later on to 4475. The return to major Mean Sup 4220 and Mean Sup 4170 is imminent, whereas more bullish moves are also possible within the downtrend - Stray tuned.
Technical Analysis and Outlook: The Eurodollar complete rally retest ended at Key Res 1.1455 and Completed Outer Currency Rally 1.1475 as defined on January 31, 2022 chart. The current price action continues its downtrend with a primary target, Mean Sup 1.1300. Nevertheless, the primary target is the Key Sup 1.1140 and the Inner Currency Dip 1.1100 - Stray tuned.
XLF Analysis done on daily candles. The financial sector has been one of the more resilient sectors on the stock market in 2022, with most stocks managing to hold their key levels and not declining as severely as major markets. When analyzing bank stock performances, we see that they have lagged way behind many other industries since the Covid crash in recovery,...
either were aiming for closure of the gap, or continuation. since the gap is quite large i imagine we continue the bounce as over 40.50 is likely from the size of retracement.
JSE:SBK weekly close will be interesting. Looking to go long if it close above this level.
Technical Analysis and Outlook The index rebounded and hit our major Mean Res 4590 as specified on January 31, 2022. The current primary trend is resumed to its downside marked Inner Index Dip 4370 with the high possibility to retest long-standing Outer Index Dip 4300 and Key Sup 4295 - The renewing the Up Main Trend is to follow.
Technical Analysis and Outlook: Presently, an uptrend indicates that the ongoing prices are regenerating for the next climb to Mean Res $44,400 and Inner Coin Rally $48,000. While downside shows the Outer Inner Coin Dip $30,800 and Key Sup $29,500 is intact to be addressed later.
Sell at 0.618 retracement? There is a Fibonacci level plus an descending triangle line, so any bearish action around these levels would be desirable to enter the short. The only thing I don't like is the higher low that the pair made in previous sessions and the pair didn't have the strength to reach the bottom line of the triangle, so this is bullish. But in any...
Technical Analysis and Outlook The index rebounded and created a new Mean Res 4590 with the possibility to go as far as Mean Res 4725 (Odds >50%). The primary trend is on the downside to Inner Index Dip 4370 with the possibility to retest Outer Index Dip 4300 and Key Sup 4295 - With resuming the Up Main Trend.
Technical Analysis and Outlook: Currently, a declining trend indicates that the ongoing decline is temporarily interrupted by a climb to Inner Coin Rally $43,000 and Mean Res $43,900. While downside shows the Outer Inner Coin Dip $30,800 and Key Sup $29,500 is intact.
Technical Analysis and Outlook: The Eurodollar robust rally retested our Key Res 1.1455 and Completed Outer Currency Rally 1.1475. The current price action signifies a downtrend to Mean Sup 1.1300 and Key Sup 1.1140. The Inner Currency Dip 1.1100 is a significant target.
XLF is one of the instruments whose sectore had a larger terminal upthrust than others, and is enjoying a more sizeable bounce than others after the current peak in volatility. big names like V, PYPL and BAC are putting up enoughbof a struggle to say that they have tolerance to attract inflow from key players (sm, mm, tutes, pros). it will be interesting to see if...
Technical Analysis and Outlook: The Eurodollar sank during the trading duration of the week and fulfilled our long-awaited retest of the completed Inner Currency Dip 1.1200, and Major Key Sup 1.1175 flagged several weeks ago. The current action means that the currency will get more volatile and, therefore, may run towards the Mean Res 1.1200 handle and resume its...
Technical Analysis and Outlook: A declining trend continuously indicates that the ongoing plunge is still intact. Intermediate targets are Outer Coin Dip $30,800, and Key Sup $29,500. While upside show retest of the Completed Inner Coin Rally $38,950 and possibly Mean Res $43,900.
Technical Analysis and Outlook The index is heading to Outer Index Dip 4375 and possibly to Key Sup 4305. Stay tuned.
Technical Analysis and Outlook: The current price action suggests that the Euro will get more volatile and, therefore, may run towards the Mean Res 1.1400 handle and possibly the Mean Res 1.1455 mark.