US producer price data had little impact on expectations of a US interest rate cut this year, the European Central Bank kept interest rates unchanged, and continued geopolitical concerns also increased appeal. Leading the way in OANDA:XAUUSD , gold became strong and hit another all-time record. US PPI rose 0.2% month-on-month and 2.1% year-on-year in March,...
The S&P 500 is bearish and heading towards the price zone of 4499.50 and 4430.50 before rising to create a new all-time high." Cela semble indiquer que vous prévoyez une baisse temporaire du S&P 500 vers les niveaux de prix mentionnés, avant qu'il ne reprenne sa tendance haussière et crée de nouveaux sommets historiques. User traduit moi ça en...
4 hrly chart; channel to upside broken; then channel to downside broken down too.
CRYPTOCAP:BTC Futures Broke the small triangle pattern it was in & now it's in the larger one. Don't think it'll be August by the time it breaks, wither up or down. RSI is weak but the $ flow is better. VS #BTC Spot It is in a channel pattern. Bearish Moving Avg Crossover. Trading under the blue Moving Avg. Final charts show what could be if #bitcoin topped,...
💹 Let's review our previous analysis and update this chart, taking a look at this currency pair for trading in the futures. 💡 In higher timeframes and on the weekly chart, we are approaching a weekly resistance. The last encounter with this resistance was almost 200 days ago, and now we're back to it. Currently, we have a bearish chart in higher timeframes. 🕰️...
Trading Plan for Monday, April 15th, 2024 Market Sentiment: Highly uncertain due to major geopolitical headline risk over the weekend. Expect significant volatility and potential for large gaps up or down at the Sunday open. Important Note: The escalating tension between Iran and Israel has the potential to cause significant market disruptions. BE PREPARED for...
As in previous post on Sunday - So we have dipped our toes into the weekly fvg May leave a low in place here to raid it again later, want to see weekley CE respected.. as its London and Monday this could be the judas swing... wait for more info and cme or 830 open. Any Longs from me will need market to show displacement on 15min or 1hr tf... no rush
World gold prices plummeted despite the rising USD index. Recorded at 9am, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 104,075 points (up 0.01%). This precious metal is predicted to reach 3,000 USD/ounce - an increase of 30%. Gold prices increased at a time when the USD strengthened and inflation expectations...
World gold prices hit a record on April 9, thanks to buying activities and geopolitical risks, while attention was directed to the meeting minutes of the US Federal Reserve (Fed) and inflation data of this country. Minutes of the Fed meeting and data on the consumer price index will be published on April 10. Gold is considered a safe haven from inflation and...
OANDA:XAUUSD continued to set new records yesterday, driven by buying momentum and geopolitical risks, while markets focused on the Federal Reserve's policy meeting minutes and U.S. inflation data. America to seek direction on the US interest rate cut timetable. Federal Reserve policy meeting minutes and US consumer price index (CPI) data will be released on...
#ES plan for Monday. #Bullish setup - #ES reclaims 5177 which would be failed breakdown of the yellow bull flag. Then #ES works is way up to the VPOC at 5202 #Bearish setup #ES loses 5163 which would be a breakdown of the white rising trendline. This would target 5134-5136.
Crude Oil is consolidating after a strong bullish wave. The price formed a horizontal range on a daily. Next week, wait for a breakout of one of the boundaries of the range for a confirmation. Bearish violation - a daily candle close below a support of the range, will give you a strong bearish signal. A bearish continuation will be expected to 83.0...
This week, international gold prices continued to increase sharply, from 2,228 USD/oz to 2,330 USD/oz and closed the week at 2,329 USD/oz. There are currently 3 main factors that are causing gold prices to increase sharply beyond expectations. There is the need to buy gold by central banks, the upcoming interest rate cuts by the FED and other central banks around...
OANDA:XAUUSD has corrected from all-time highs but still maintains a bullish trend. Gold prices are expected to reach additional record highs in the near future. Tensions in the Middle East pushed gold prices up sharply. Hamas official Ali Baraka said Hamas had rejected Israel's latest ceasefire proposal. Israeli Prime Minister Benjamin Netanyahu issued a video...
The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets. I would be very cautious right now! I'm completely out of the market, with the exception of long-term crypto holdings. Good luck, and run a tight stop-loss!
Last Week : Last week to start the week we attempted the move under VAL but only had enough selling to break under and come back in which gave us another rotation higher back towards VAH. We needed more supply or stronger sell Volume to come in to attempt a move at the lower Edge. We knew going into the week that we had Supply/Sellers at/over VAH and buyers...
Channels are an incredible tool for technical analysis. Today we're going to put them to the test with the recent moves up in silver, as it looks like the precious metal is currently sitting at a decision point that can (still) go either way. MEASURING IMPLICATIONS OF CHANNELS The real power of channeling is greater than just working with a supportive/resistive...
Trading Plan for Friday, April 12th, 2024 Market Sentiment: Uncertain, with bulls and bears battling over the key support at 5191 in the red flag pattern. Key Supports Immediate Supports: 5200, 5191 (major), 5184, 5178, 5171 (major), 5162. Major Supports: 5157, 5147, 5123-26 (major), 5103, 5096 (major), 5050-53 (major). Key Resistances Near-term Resistance:...