A delayed market flip happened after easter weekend was used to move the market along into a market structure better suited for the price action to come. The good news is that the dominant trend direction is now known, and price is said to head down
at the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up Full explanation in today's longer than usual video
NYSE:MAV (Update) The Trendline Has Confirmed Breakout In 2H Timeframe✅ Expecting Massive Bullish Wave Towards 10$✍️
In the ever-evolving landscape of currency markets, the Euro (EUR) continues to captivate traders and analysts alike with its potential for volatility and opportunity. As a seasoned financial analysis expert, I offer a fresh perspective on the current dynamics of the EUR, shedding light on potential pathways for traders seeking to navigate this dynamic...
In the realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as a leading digital asset. As financial experts, analyzing BTC's movements provides invaluable insights into market trends and potential trading opportunities. Currently, BTC shows signs of bullish momentum, with buyers dominating the market. Through careful pattern analysis, a...
XAUUSD appears to exhibit a Rising Wedge Pattern on the M15 timeframe. If valid, the target for the decline is $2226.45.
Gold currently holds key support at 2144 - 2149 and faces resistance at 2158 - 2163. It awaits interest rate news, anticipating a fluctuation of 200-400 pips in response. Stay tuned for potential market moves as events unfold.
The Euro, Europe's common currency, serves as a linchpin for economic integration and prosperity across the continent. Since its inception, the Euro has played a pivotal role in fostering cooperation among European Union member states, facilitating trade, and promoting stability. At its core, the Euro simplifies transactions within the Eurozone, eliminating...
Analyzing Tesla stock on a silver platter only requires patience, patience, then patience
Gold retreated from its recent record high of $2,265.58 per troy ounce, initially gaining ground during Asian trading hours before reversing course in European sessions. Currently hovering around $2,250, XAU/USD finds support from the robust rally of the US dollar following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests that...
Gold, the precious metal that has fascinated humanity for centuries, holds a unique place in our collective consciousness. Its story weaves through the annals of history, intertwining with tales of wealth, power, and cultural significance. From ancient civilizations to modern societies, gold has been treasured as a symbol of opulence and prestige. Its shimmering...
Drawing insights from Dow Theory and personal speculation, my technical analysis indicates a sustained bullish trend for XAUUSD over the long term, with a projected peak at 2209.32 pips. Anticipating a retracement to revisit its recent low before resuming its upward trajectory, the analysis suggests a potential retest of the previous low before embarking on a...
In the realm of digital finance, Bitcoin stands as a trailblazer, reshaping traditional notions of currency and investment. Born from the vision of Satoshi Nakamoto, Bitcoin's decentralized nature and blockchain technology have sparked a global phenomenon, challenging centralization and offering financial autonomy to users worldwide. Despite volatility, Bitcoin's...
Gold prices have surged to a two-month high, reflecting renewed investor interest and economic uncertainties. As of the latest data, gold is trading at , marking a significant increase from previous weeks. This surge is attributed to various factors, including . Investors are closely monitoring gold's performance amidst evolving market dynamics and are poised to...
In the ever-changing landscape of global finance, the Euro (EUR) remains a cornerstone currency, reflecting the economic resilience and stability of the Eurozone. Amidst shifting economic trends and geopolitical challenges, the Euro continues to hold its ground, serving as a symbol of unity and strength in the face of uncertainty. As markets fluctuate and...
From the current market situation, gold peaked around 2275 before encountering resistance and retracement, with the current low point being around 2229. For now, it appears that the bullish momentum has somewhat eased after a strong breakthrough. Additionally, with the continued strength of the US dollar, a return to a bearish sentiment is quite normal. Gold...
The news is likely to boost oil prices. Geopolitical factors have affected oil reserve inventories. Oil inventories this week will be significantly lower than expected. leading to increased market demand In terms of trend, there is a certain degree of over-rising behavior in the market, but the trend is still a bullish trend. If the price falls back to the low...
In the ever-evolving landscape of finance, one phenomenon stands out: Bitcoin. This digital currency, often touted as the future of money, has sparked both fascination and skepticism in equal measure. As a seasoned financial expert, I delve into the intricacies of Bitcoin to unveil its true potential and pitfalls. Bitcoin, born out of the 2008 financial crisis,...