GBPJPY is in the upward trending channel, coming off a HL & a inverted head and shoulders pattern, I expect to see a bullish run after a pullback into previous broken S turned R. Investor fears over the Trump's health are easing while health officials expect to discharge the President from Walter Reed as early as today. Also, optimism over a fresh US fiscal...
In this post, I’ll be providing an in-depth analysis of Facebook (FB), which was part of FAANG (Facebook, Amazon (AMZN), Apple (AAPL), and Google (GOOGL)), leading the stock market since the financial crash up to 2019, before it was replaced by MAGA (Microsoft (MSFT), Amazon, Google, and Apple).
I'll be exploring its business models, financials, weaknesses and...
Seems GC1! failed to break above the resistance and a trendline following the FED meeting on Wednesday. I expect gold to test the support at 1900 or the trendline. It is important to note that the price is still ranging. Despite a retracement by the DXY after the news, GC1! has maintained a neutral tone
The DXY has been on a selling spree of late. Today, Powell said that it will take time to achieve the inflation target and that it will maintain its asset purchase program which stands at US$ 1.4 TRILLION per year. The balance sheet exceeds US$ 7 trillion which has never been witnessed before. When Powell was asked about the FEDs QE, he said that the current...
Price is currently breaching a trend line connecting two major pivot lows of 2020. If the daily candle closes below the July pivot Low, it could open up the March pivot Low 🎯. It's important to note that the pair is still within a descending flat-bottomed pattern (descending triangle).
The JPY is expected to be strong with the candidate best positioned to succeed...
After piercing through a resistance area last week, it is currently testing this level which is now a support. The level is in confluence with the fibonacci retracement at the 0.382 to 0.5 levels. The pair is expected to complete last week's impulse. A higher target remains in sight in the medium term. The 💶 has faced massive buying of long positions by...
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Key Fundamentals:
1. Smart money action:
The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up...
Backed by strong fundamentals, KAVA is one of the most promising coin of the year. With an established uptrend, we recently experienced an over extended increase in the price, resulting in a retrace.
We can notice the old resistance trendline (blue) has been turning into a support for the uptrend.
The EMA200 is supporting the uptrend as well.
Our strategy will...
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Summary:
We think BTC will likely fluctuate within the 9k – 10.5k range this coming week. The fundamentals are looking more bullish compared to last week. From the technical analysis perspective, we believe we are at key...
Good day traders, I hope you all have a great weekend ahead and plan your trading strategy week ahead!
From weekly perspective, price has retested the key level which is at 1.7641 and ready to go to the downside. In H4 timeframe, price is moving in a down channel.
Therefore, in order to find a good short setup, price has to break the minor uptrend as shown in...
Fundamental case:
Overvalued AUD against Australian equities.
BJ's lockdown extension caused short term selling and I predict GBP will continue up.
Sentiment/PA:
Key level for this pair; just as we're seeing on many other pairs, there's an order block (in yellow) controlling the next wave of direction - this level is holding the selling since 1.9500.
Still a...
hey guys,
daily divergence on rsi and immediate, strong bearish reaction from 850 resistance makes me think that something is coming.
for now, the main resort for buyers is 685 structure support.
during the last month buyers 3 times made the market move from that but each time the movement was relatively weak.
if bears will be able to return the prices back...
With 5G release imminent, Qualcomm aims to be one of the biggest exporters of this service, behind Huawei. This bullish fundamental analysis is also based on present chart patterns including a bull flag on the daily chart, a clear parabolic uptrend, a LARGE bump and run, a bullish MACD, and a possible break above the mirror top level that was provided by the...
Historically we can see here that Gold has outperformed in the months of December, January, and February. Looking at current TA on multiple timeframes and Fundamental factors underpinning price, this year should be no different.
Analysts are suggesting that safe heaven currencies are unlikely to make any significant moves unless there is a big geopolitical spark and more monetary tight.
U.S. equities fell from record highs Thursday after fresh concerns emerged over the likelihood of a trade deal with China, a factor that could continue to support safe heaven currencies like CHF and JPY.
Before start reading on; this chart is inverted. More on that later
Interpretation
According to Mike Maloney, the S&P 500 dividend yield curve is the second best way to measure a stocks value (after the Shiller S&P500 PE Ratio -made a post on this, go check it out). The ratio indicates how much a company pays out in dividends each year relative to its share...
Dear readers,
this is by no means a genious technical analysis in any way - Iam aware of that. So put aside the TA teacher in you and just accept this as a friendly reminder - to not miss the chance on this awesome opportunity. In my opinion 0x is going to explode very soon the same way Chainlink did already!
The fundamentals are awesome...:
- team
- tech
-...
USDJPY, USD weakness start in there for longer term. while jpy getting strength on seasonal basis. usd/jpy behaving like retracement to the upside suspect big drop longer term target 107.80
