In general, USD/JPY is still in an upward trend, but in the Tuesday's US trading session, the price began to decline to the level of 151.75. This may indicate short-term volatility in the market. Based on technical analysis, we can see that the price has broken through the SMA 20 and SMA 50 moving averages. This suggests that the short-term downward momentum may...
On the above monthly chart Silver has corrected over 35% since the year began. A number of reasons now exist to begin accumulation. Why? 1) A ‘incredible buy’ signal prints. See weekly chart below. Not since September 2018 has such a strong signal like this printed. 2) A strong Dragonfly DOJI candle printed with the close of July. This told us $18 was very...
USD/JPY began to retreat after reaching a high of 152.00 in Tuesday's US trading session, bringing the pair down to 151.75. This adjustment followed comments from BoJ Governor Ueda. On the chart, technical indicators have shown signs of support for the downward trend. Specifically, prices have broken through the SMA 20 and SMA 50 moving averages, indicating a...
SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
In a technical analysis forecast that could signal a turnaround for Apple Inc., the charts are indicating a potential shift in momentum. The falling wedge pattern observed is suggesting a consolidation phase that could prelude a bullish reversal, aligning with the optimism surrounding the company's innovative trajectory. With Apple's stock price currently testing...
GBP/USD is trading back and forth around the 1.2660 level and remains within the trading range of Monday. After breaking through this range, the price continues to rise strongly with no signs of a decline in the . Looking at the chart, we can see that both technical indicators, SMA and RSI, are supporting the upward trend for this currency pair. Especially the...
GBP/USD continues to move sideways, awaiting inflation data from the United States for a new direction. The GBP/USD exchange rate is trading around the 1.2660 level and remains within Monday's trading range. Technical indicators such as the Simple Moving Average (SMA) and Relative Strength Index (RSI) are supporting an upward trend for this currency pair. The...
EUR/USD is holding steady at 1.0850 at the beginning of Tuesday in Europe. This is explained by the weakening of the US dollar (USD), which has pushed the EUR/USD exchange rate sharply higher, once again bringing it back to the 1.0860 area at the start of the week. Based on technical indicators, we see positive signs for the rise of EUR/USD. The simple moving...
EUR/USD is holding steady at 1.0850 at the start of Tuesday in the European trading session. The recent downturn of the US Dollar (USD) has pushed the EUR/USD exchange rate significantly higher, returning to the 1.0860 area at the beginning of the week. This is another evidence of the strong influence of the USD on the global market, as its fluctuations can cause...
The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet. The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
📊 Script: MAHLOG 📊 Sector: Logistics 📊 Industry: Miscellaneous Key highlights: 💡⚡ 📈 Script is giving breakout of Descending Triangle in Daily and Weekly Chart. 📈 It is trading at upper band of BB and giving breakout of it. 📈 Already Crossover into MACD. 📈 Double Moving Averages giving Crossover. 📈 Right now RSI is around 66. 📈 One can go for Swing Trade. ...
The price of gold continued to soar to record highs at the beginning of the week in the Asian region. Subsequently, it underwent a correction to $2,303 before resuming its upward trajectory. In the Asian trading session on Tuesday, the price of gold maintained its upward momentum near $2,350. The increase in the price of gold is supported by the Federal Reserve's...
#stockoftheday for 8/Apr was $JMT.LS #jeronimomartins, ⬆️ 3% after MACD divergences. Ideally would climb to 20D EMA, find support on the 8D EMA and try to close the gap near 50D SMA #trading #euronext #PSI20 #stocks
**Heads up, everyone! ( NASDAQ:TSLA ) just bounced off a critical support line dating back to 2020. Not only that, we're seeing a bullish double bottom forming and RSI divergence hinting at a potential trend reversal. ** **This bullish sentiment isn't just for Tesla. My TA on NYSE:KMX and NYSE:F are also showing strong buy signals. Could this be a sign of a...
On the above 3-day chart price action has corrected 96% since the awesome sell signal back in March 2021 (not shown). Now is an excellent moment to be long. Why? 1) A break out from price action and RSI resistance as price action falls on historical support. 2) Multiple oscillators printing bullish divergence over a 7 week period. Amazing. 3) The target is $8....
Hello my friend ! 🐺 Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation . As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line (...
SPX500 setting up bullishly pre-cash open. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
PEPPERSTONE:AUS200 is about to break the resistance trendline. It should be noted that PEPPERSTONE:AUS200 is in a bullish trend on higher timeframes. Currently, there is bullish divergence on 1 hr and break of resistance trendline can potentially lead to bullish price action!