✅DAX is trading in an Uptrend and the index has Formed an opening wedge Pattern so IF we see a Bullish breakout then we Will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! VIX has retested a Horizontal support level Of 12.34$ from where We are seeing a bullish Rebound already and I think that the price Will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Given the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex regulations, and objections to bans on pesticides and herbicides...
Looking at the JSE 40 all-share Index on the daily chart we can take note that the index has been trading downwards since peaking sometime during Feb 23, now looking to the left again we can take note that after the release of the 1st quarter Dividend & Earnings release the JSE drop on both accounts. Now looking to the right, we can take note that the JSE has...
3950-4K micro-target followed by the melt-up rally. Linear top: 5325 Log top: (Separate post): 6000 Extension linear top: 6500 60-80% Bear Market follows; Target 1: 2150 Target 2: 1555 End of Bear Market: Q3/Q4 2024 due to QE5/6, aka Infinite easing. P.S. Disregard target 3 on the chart; Depression isn't expected this decade.
S&P500 may be overbought on the 4H timeframe (RSI = 72.835, MACD = 15.590, ADX = 49.520) but not yet on the 1D technical outlook as the price hasn't yet made a HH on the two month Channel Up. The 4H RSI does show us though that it is starting that HH peak sequence as it can start a LH trendline like December 14th. We are expecting this wave to peak on a +5.55%...
Market Insight: ECB policymaker Francois Villeroy de Galhau has emphasized that the decision on rate cuts in 2024 will be data-driven, rejecting a fixed timeline. ECB President Christine Lagarde, while suggesting a potential rate cut in the summer, emphasizes the importance of data in timing the decision. Central bank officials are cautious about immediate easing...
Double-Top. LOTS of Institutional Sellers... Classic Sell pattern...
Hello guys, gold could not continue the upward trend of last week and now I see that it has started a downward trend again. I have identified the important supply and demand areas on the chart to enter trading positions. Enter into the positions according to the time priorities and after getting confirmation. Don't rush, if the market doesn't go as you think,...
Risk Disclaimer: This is just a possible forecast that could be wrong and there is No advice for any Trading!...
While higher inflation should be an indicator of a booming stock market since the consumers are spending more and the companies make more profit, this time the case is different. The simple macroeconomics behind it: Higher Inflation=Higher Interest Rates, which=Higher Borrowing Costs for the S&P companies And as you have already connected the dots higher...
Recent geopolitical tensions triggered a 'flight to safety' impacting Asian equities. Japan's Nikkei fell by 0.6%, while Chinese equities, including the Shanghai Composite and Hong Kong's Hang Seng, experienced declines of 0.6% and nearly 2%, respectively. Exercise caution regarding potential short squeezes, especially with markets at all-time highs. Keep...
✅DAX will keep growing Because the index broke the Key horizontal level of 16,400 Retested it and is going up again All while trading in an uptrend So I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi folks, Here is out setup scalp entry for the NY session We believe that NQ will show a strong rejection from the red box since the BIAS Is Bearish. The entry is based on a multi-timeframe analysis
Analysis of the S&P index in the medium and long term The market is in an upward wave and until we are above the number 4742, it is still an upward trend, and for short-term transactions, we can trade from buying to selling. But for the long-term, we have the resistance of 4914, which is likely to react to this number, and the index can enter a fall, which can be...
Hello,Traders! DAX is trading in an Uptrend and the index Retested the horizontal Support level of 16,344 And we are now seeing A bullish rebound so I think that the price Will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY is trading below The horizontal resistance Level of 102.916 and The index failed to break It so I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello friends, I hope you are doing well, let's go to the popular currency pair EURUSD. In EURUSD, the selling pressure seems to be more, we can understand this from the powerful candles, broken trends. For this reason, short positions have a higher winning percentage. By reaching the supply area (1.1015), we can enter a sell position with confirmation until the...