Gold Technical Analysis – XAU/USD Daily Chart After spending three and a half months consolidating in the $1975-$2075, Gold finally broke out to set a new weekly closing high last week. As the chart above shows, that momentum has carried over into this week, with the yellow metal reaching as high as $2,140 intraday. Technically speaking, the momentum remains...
AUD/JPY - Technical Analysis. Bias Bullish overall ASCENDING TRIANGLE PATTERN AUD/JPY have been trading in this channel from since the high of June 2023, we seen price form support around 91.80 which was the beginning of this triangle pattern, we had funadamental on JPY Where the BOJ Hike its rates which is a boost for the Yen. pat attention to your...
USD/JPY is on track for its third bullish week, and it will most likely make it. It could also be the second weekly advance since USD/JPY cut through 152 resistance with practically no resistance, following the stronger-than-expected US CPI report Japan’s officials were curiously quiet following the break above 152, but they are making noises again as it...
The USD/JPY is attracting some sellers around the 154.150 level in early Asian trading on Friday. Risk-off sentiment and rising tensions between Israel and Iran are boosting safe-haven flows, favouring the Japanese Yen (JPY). However, strong US economic data and any hawkish comments from Federal Reserve (Fed) officials may limit the pair's near-term gains. The...
Fundamentals * LOFC Earnings & Net Assets were dropped due to the acquisition of Commercial Leasing and LOLC Development Finance under non-bank financial sector reforms in Sri Lanka. (Due to an accounting treatment - Merger Reserve of negative LKR 262.9 billion, not an operational loss) * With the economic recovery of Sri Lanka LOFC had reported 2 consecutive Qs...
We have taken the sellside liquidity below 17375 as we noted yesterday.... so let's see where the market wants to go from here. As always it's Friday so don't be afraid to reduce your position size, reinforce your RISK MANAGEMENT and preserve your CAPITAL and PROFIT of the week IF we reclaim the lows we should expect the market to head back towards the buyside...
💎 The recent market dynamics surrounding #CTSI have indeed been quite notable. Currently, the price is at a critical support demand area, where a bounce is necessary to sustain upward momentum. 💎 If the bounce proves to be valid, the next hurdle is breaking out of the descending channel. Achieving this would facilitate continued upward movement, potentially...
Anticipating a similar event to 2020... I hope not, but it seems it has to be this way. Most markets bottomed March 23, but the crypto markets bottomed March 13th... Appears to be all manipulation, like a big, wicked game of chess.
💎 The recent market dynamics surrounding #GALA have indeed been quite notable. Currently, the price is bouncing from the demand area, which is a positive indication. 💎 This bounce suggests potential upward momentum, with the price likely to test the resistance area next. If there is a successful breakout above the resistance, it could pave the way for further...
Bitcoin on a 30 minute chart fell with reports of the Israeli active retaliatory strikes in the heart of Iran's military and industrial infrastructure in a unilateral action. Iraq has not launched a responsive action as yet. On the chart, price had been stable and sideways in the 64000 range but fell to about 6000 and then recovered to nearly 62,000. I see...
Liquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill...
Keep an eye on war news Today Gold can play safe heaven role Huge liquidity and institutional performance is expected Manage Risk properly don't fall in traps. Not an financial advice DYOR
The price is currently trading within a descending channel. A strong weekly resistance level lies ahead. Increasing volume suggests buyers are waiting for lower prices to enter. A sharp drop in price is a possible scenario. Elaboration: The current market situation presents a bearish outlook with the price confined within a descending channel. This pattern...
Just a little idea to give the bears a scare and the bulls some hope :)
KUCOIN:LYXUSDT LYX is reaching its bottom after the conversion made a few months ago. Due to fundamental changes and the volatility of the crypto market, the price reached around $3.5 I decided to strengthen a position. viewing at least 300% of this point, Have a happy bull run This is not a recommendation or a substitute for counseling
Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility. Tuesday's stock-market pullback on February, 13 after a hot inflation report actually showed us something else about the market. It turns out that it did… an overcrowded short side of the options market which was reminiscent of the 2018 and 2020 'Volmageddon'...
Australia's Inflation Data Revealed Soon Next week, Australia will unveil its latest inflation figures. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance and seize trading opportunities. Projections suggest a notable dip in Australia's headline...
There seems to be an interesting graphic similarity between Doge and Xrp. The Doge chart is like the completed version of Xrp chart. It's a good idea to keep this as a secondary point of view.