Today's focus: Oil Pattern – Resistance re-hold Support – $77.21, $76.30 Resistance – $78.85 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil on the daily chart. Today, we have broken down how we see price and key levels. Once again, we have seen resistance re-hold and a new move lower after tests failed. Will we see a new...
Traders, We have multiple mixed indications in our broader markets. Many are showing us that a pullback in the stock markets is due. But Bitcoin remains strong. In this video, I'll show you why. 00:00 - Dollar, VIX, Spy 09:42 - Bitcoin Analysis
Gold needs to go back on to your radar, not only has the market halted at the major resistance 2070/91 (2022 high, top of the 12-year up channel AND Fib extension) BUT it is threatening to chart a key monthly reversal. Should we see a monthly CLOSE below last month's low of 1949 this will be a key month reversal. For a likely top, these happen when a market...
We discuss whether we think the uptrend on EUR/USD will hold.... Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives,...
We outline the support levels that you need to watch for GBP/USD.... Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment...
We have identified a potential base pattern on the Amazon share price that will complete on a close above 114, the reaction high that we saw in January. A close above 114 would complete the base an offer a potential upside target of 147. One to watch! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to...
Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient....
Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient....
The Euro dollar has reached a critical long-term resistance level between 1.1050 and 1.1075. This area marks the 23.6% retracement of the entire downward move from the peak in 2008 to the low in 2022. It is also where the previous long-term uptrend, dating back to the low in 2000, intersects. This intersection is expected to serve as strong...
Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient....
The World’s Biggest Asset Manager With $9 Trillion AUM, BlackRock are saying that the markets Are WRONG By Pricing In Interest Rate Cuts. There is a divergence between what the Fed is saying that they are going to do and what the markets are pricing in terms of interest rate bets. The Fed is saying “We aren’t going to cut rates”, but the market is focusing on the...
market at daily low market rejected support area market formed head and shoulders pattern wait for break above trendline, after retest and wick rejection enter bullish
Just wanted to highlight the falling wedge pattern on the bund (#reversal) that we noted on Friday will complete on a close above 137.25, however given the move this morning we will just go with it. It offers an approximate 147 upside measured target. Near term #resistance is 140.63/85 - the 23.6% retracement of the move down from December 2021, the June 2022 low...
USDCAD We anticipate a bearish action, expect the price to approach the (1DL) if it breaks below the low of the Tokyo session. GBPUSD: With strong volume and momentum driving the price higher, we recommend looking for opportunities to buy on pullbacks until we see a structural failure. Any sell-off without a structural failure is a potential buying...
EUR/USD generally remains pretty bid, but it is approaching tough overhead resistance at 1.0636/39 - the 2020 low and the 55-week ma and we suspect that the market is going to struggle to clear this tough area of resistance, you might want to tighten stops on long positions. Disclaimer: The information posted on Trading View is for informative purposes and is...
Gold has met its initial upside target of 1782 (measured from the base 1702/1622). It is, we believe, merely consolidating its gains. We do like to look at Fibonacci retracements in conjunction with the cloud to work out the short term levels of support. While these hold we will maintain a positive bias. Disclaimer: The information posted on Trading View is for...
Disclaimer The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient....
Taking a look at the support and resistance levels on the EUR/USD chart Disclaimer The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment...