Hey tradomaniacs, USD/CAD has tested a strong key-support-zone which is the breakoutzone of the current major trend. The oderflow looks bullish so far in the small timeframe, so I will give it a long trade but ofc with aggressive management until we see a break out of the current consolidation. What do you think?
Hey tradomaniacs, TP quickly hit and now im short. Technically we see a fakeout and a good chance to short. Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached. Now its more the fact that raised rates and upcoming rate-hikes into a recession will...
Why LINK investors might be sitting on a goldmine thanks to proof of reserve It is often difficult to find winners in the crypto market during a major crash but Chainlink might be it. Even though its native currency LINK suffered significant downside so far this month, the Chainlink network continued to see wins as a potential solution. Chainlink can...
Hey tradomaniacs, technically a great chance to go long in EUR/USD after thgis aweful volatile day. Good support and likely to hold due to falling yields (Non-Sense-Correltation) aswell as absoprtion at the support-zone in market-depth. Gonan take a long with aggr. management as volatility is very risky today. What do you think?
Can you remember the Corona Crash? VIX spiked up to a reading of 80. and VIXL made a stunning 3500% profit!!! I think a similar event is about to happen over the next 6 month's. (most likely just around the corner) Right now we are in a Bear Market, and we haven't seen capitulation yet, which is quite normal in such a market. When this happens the VIX should...
OP's price just touched and bounced off from yellow support zone. Although there are many resistance areas on the top, but in the medium term, I am quite bullish with OP. Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic...
Hey tradomaniacs, EUR/USD is now retesting a strong resistance-zone after the breakout and could continue to move down. Obviously NFPs will be more important than any technical level, but news could support this breakout with positive NFPs as it would put Powell less under pressure to slow down with his current rate-hikes. What do you think and what will u do?
Hey tradomaniacs, after breakout we`ve seen a retest. Price forming support delivering a good chance to buy. What do you think?
Hey tradomaniacs, yesterdays FED-Statement dissapointed the Market since it priced in a step back by the FED with a possible statement about lowering upcoming rate-hikes aswell as the speed by Jerome Powell to fight inflation. The worse the economy gets the more pressure is on Powell & Co to re-allocate the current circumstances. However, Jerome was clearly...
Hey tradomanics, EUR/USD us currently testing a strong support-zone and could move up from here on. As I expect a choppy week since the market has no idea what to do with the recent data and news from the ECB, we could see at least a correction here to the upside. Market-Depth and orderflow showing absorption and aggressive buying! What do you think?
dear investor our anaysis today on 1 hour chart we found opportunity for long position if the price break the hirozantel line and break this important rsistance then it give us very clear confirmation for moving up , also this confiramtion depend on ou strategy ( RT MAAX ema cross strategy ) you see the strategy already guve us long postion opportunity depend on...
Hey tradomaniacs, NZD/USD has created a double-top at the key-resistance-zone with the break and retest of the previous trendline. Could be a good opportunity to short even though fundamentals are very mixxed as the market has no idea how to react to the todays ECB-Statement. Strong Rate-Hikes combined with a bad outlook for the next quarter and year is...
Hey tradomaniacs, SPX500 is testing a very strong resistance-zone which is crucial for the next moves. We either get a market that prices in less rate-hikes by the FED as the inflation settles down while economy suffers (So market expects FED to support economy as inflation settles down), or we get to see a market that prices in more rate-hikes due to higher...
Hey tradomaniacs, so far EURO has been very strong since the market has recieved dovish tones from the FED as they are concerend about the current slowdown in the economy. Thoughts explained in the chart. Both scenarios can happen tomorrow!
Hey tradomaniacs, looks like we had a fakeout on AUD/USD and so a nice chance to short it if confirmed. We usually wait for a re-test and rejection to be safe, but if u want to trade aggressively u can also early-enter with a potential re-test. However, recent news were mixed so market is very wild and risky to trade. What do you think?
Hey tradomaniacs, technially we se a nice chance to trade a breakout with NZD/USD as price is falling with indices today. H1 Chart shwoing fakeout and now we get a break of the previous trendline which could accelerate momentum. What do you think?
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Hey tradomaniacs, well... market is crazy so be cautious with all trades as market doesnt really know what to price in. So far the previous CPI data were first shocking but voerall showing the we could have seen the peek which is good for stocks & Co. Nontheless there is still much to look at so I dont expect clear risk-on or risk-off the next weeks....