Macro Monday 40 Euro Area Composite PMI (Released this Thurs 4thApril 2024) The Euro Area Composite PMI (Purchasing Managers’ Index) is a significant coincident economic indicator that provides insights into the current overall health of the eurozone economy. The Euro Area Composite PMI data is collected from a representative panel of around 5,000...
Macro Monday 35 Richmond Fed Manufacturing and Services Index (Released Tuesday 27th Feb 2024 @ 15:00 GMT or 9:00 CT) The Richmond Manufacturing and Services Indexes measures the conditions of each respective industry for the 5th Federal Reserve District which covers the District of Columbia (Washington DC), Maryland, North Carolina, South Carolina,...
EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. Germany's CPI is expected at 0.2% m/m on Friday, which would confirm the initial estimate from two weeks earlier. On an annualized basis, the initial estimate for CPI came in at 2.9% in January, down sharply from 3.7% in December. A deceleration in...
Beyond Oil - Boil.cn stock (Candian market) an Israeli company that has made significant Oil refreshing powder that gives more life X3 for cooking and better cleansing for Deep fried oily food. looking today looks like a good Buy for a portfolio.
- Quick Scalp ENS - ------------------------------------------------- Trade Setup ------------------------------------------------- - Buy : 15.10$ ( Don't buy before!!) - Sell : 19.50$ ( Don't be greedy) ------------------------------------------------- - SL : Manage yourself -10% - RR is +30% ------------------------------------------------- - Check BTC...
Project is cool Packaging reminds me of Nvidia and ATi Radeon back in Half Life era 1999 Concept idea is siilaer to OMG in 2015 claiming for metaverse category clever and sould be a good deal to get volume at sub 1.0
US ISM Non-Manufacturing Index (ISM Services) Next Release: 5th December 2023 (released on third business day of each month) The U.S. Institute for Supply Management (ISM) Non-Manufacturing Index (“ISM Services”) encompasses a wide range of services across various industries. The index is designed to measure the economic activity and health of the services...
Technical Overview: AUD/USD is currently trading around 0.6470, showing signs of life after Australia's upbeat Private Capital Expenditure for Q2 and China's moderate economic data. With capital expenditure intentions in Australia rising to 2.8%, against the expected 1.2%, the pair is poised for a bullish run. Fundamental Overview: China's August NBS...
The UPS price action has confirmed a Lower High Bearish Consolidation Structure below the macro Demand Line has basically done so via a secondary Head and Shoulders with PPO Confirmation thereby confirming a Bearish BAMM that will likely take us down to the 88.6% retrace at $90
5% Dividend Yield, with 100% upside Share Potential The world’s largest provider of hair testing for drugs of abuse announced financial results for the first quarter ended March 31, 2023 And the declaration of a cash dividend of $0.07 per share to be paid on June 8, 2023, to shareholders of record as of May 25, 2023 The Company’s revenue for the quarter ended...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
On GBPCAD, we have a price at around 1.6885. My entry target is expected in the 1.6894 zone, where we have a supply zone generated within another supply zone. Following the Forex48 strategy, we have our bearish setup. The rebound target in that area is set at 1.6770 with a risk-reward ratio of 1:2. If you'd like, please share your opinion. We would be grateful....
On AUDNZD, we have a price around 1.101 within an H1 supply zone. It's an area where the majority of trading volumes have occurred for the past two days. The expectation is to go short, with the price potentially dropping to 1.09, where we can observe further order intensity. Share your expectation. Happy trading to everyone from Nicola, the CEO of Forex48...
AT&T A high option orderflow drew my attention to this stock. One of the biggest and oldest companies in the communication services sector. At the moment on a multi year low. I guess they will make it. And this price looks really inviting for a long. Paying 1.11 dividend. My anticipated technical target for the next 6-12 month is $17-18. I'll take a shot.
We have gold located in the 1940 zone, where we have an excellent demand zone. Primarily, gold could create a short setup here before reclaiming liquidity in the 1985 zone. Alternatively, the price could decrease, creating a short setup with a target of 1880. The decision on the US debt ceiling will be crucial. Let me know what you think. Happy trading to everyone!
On USDCAD, we have a critical setup, which means that the price is at a point of demand and supply at the same time. By analyzing the chart, I can infer that the price could drop to 1.3530, creating a short setup, and then bounce back to the supply level before descending further with a target at 1.34. Alternatively, the price could retrace directly to 1.3540,...
On GBPAUD, we have a bearish setup around 1.869. As the price has been descending, it has formed a validated supply zone with two spikes around 1.8780. Following the Forex48 strategy, I have highlighted the entry zone defined as the Point of Interest (POI). The target for the short trade is expected at 1.8620. Let me know what you think. Happy trading to everyone.
On GBPCAD, we have a primarily bearish setup with a price that attempted to change its structure on Friday without success. This morning, the price created a short setup with the entry point highlighted in yellow. All of this follows the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy