Today, Euro in H4 timeframe is show a possible drop of the price into the $1.1323 USD, but let's me explain why Euro is continue drop. First, in weekly Euro is leave at the highest point in the past time at $1.14 USD as we are now, so we could be a possible drop of 200 pips in week if EUR continue because the European Union has today bad news accomplish with...
Hi guys I hope you’re all very well. Here’s an idea based on both technical & fundamental analysis, please enjoy. TECHNICAL: It’s been a solid few months in the green for the Euro & a lot of traders are still quite bullish but I’m a little bit more cautious and here are my reasons. The main reason that I’m bearish right now is the fundamentals which will be...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! 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. 2. Miner action: Both hash rate and difficulty are...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Trend: Still bullish We believe the bear trend ended in December 2019. And if COVID didn’t happen, the bull trend starting point would have been the 7k range last year. Miner capitulation and on-chain volume cycles are two of...
RECENT NEWS SDC (7.12 -7.75%): Missed expectations for Q1 EPS and revs. Q1 unique aligner shipments rose +12% yr/yr to 122,751. During its call, co noted that it shipped 10,500 aligner orders in April and between 11,000-15,000 in May; it projects the current run rate to be circa 22,000 shipments in a 30-day period. Co commented that since Q1, it has seen "robust...
As we're opening the market , it opened with a gap lower and broke the counter trend line to the downside. The next scenario is if we closing the next 4 hour under the counter trend trend line, we could sell the US dollar till the purple support i marked (around 99.45) Let's see what it could happen from that moment. We're seeing three pro arguments: 1) it's...
Gold just made a tweezer top. The last two candlesticks on 2 H are on the top almost equal, that means there would be a SELL signal before and after the the major jobless claim news. Have a nice trading day
Based on last weeks weekly analysis we have now respected the channel as anticipated and pulled back into the supply zone as well as touching our trend line to the downside. Nzd interest rate news release for the week ahead should give us the move we are waiting for.
Been holding onto this TA for a while now. I posted it on twitter a lot earlier, you can follow me @thecolour_red. On the chart you'll find 3 seller owned levels and one key liquidity area below that holds bullish sentiment. Currently, 100.39 has rejected price and is being challenged by buyers in the aforementioned zone. Fundamentals: -the rejection was printed...
Another long on GA. Was hesitant to post this idea because the chart is messy. Technicals: -simply playing off the support Price action: -price held support level and going to challenge 1.9450 peg -if sellers maintain control overall, then 1.91859 is my downward target Fundamentals/Sentiment - See my last post // ideas are the same Additional notes: -GBP news...
This is a bullish setup framework for a lesser traded pair. Please read the 'guidance' below for full value. There tends to be a lot of volatility for this pair in Nov & Dec. Based on VaR analysis, there is a decent probability of a 250+ pip bullish move over that period. And, CAD macro data has been very strong for a bit too long, so any miss in upcoming data...
This technical analysis does not involve fundamentalist factors, which are the most important and relevant. As there is no data on it, I just relied on calculations of previous cycles plus the Bulls season data (In general, not only in crypto. I already made a few posts with data about this topic). If you think $ 360,2232 it's an absurd value, what would you say...
It shouldn't be bad to ride with the market movers. these are just key idea stuff in a trader
Technicals provided on chart Fundamentals LogicStrategy quant scores suggesting a reversal in EURNZD. Potential high risk trade idea going against the recent trend. Safest stop looks like 1.7195 however with greatly reduced reward.