The key events for the week are concentrated mainly between Wednesday and Friday. In the United States, the focus will be on January jobs data and speeches by Federal Reserve officials. The most important of the bunch is of course Federal Reserve Chair Powell two-day testimony in Congress on monetary policy starting Wednesday. Traders will look for cues...
Volumes are high Can be a Breakout at ATH. Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only.
My dear friends, NATGAS looks like it will make a good move, and here are the details: The market is trading on 1.836 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.653 Recommended Stop Loss - 1.929 About Used...
My dear subscribers, This is my opinion on the APPLE next move: The instrument tests an important psychological level 179.63 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 184.41 My Stop Loss - 177.23 About Used Indicators: On the...
MDT seems to have a new increase volume trend, we will follow to see if it can be confirmed in the next time frames. MDT can show new gains after this volume confirmation.
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0874 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0817 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
My dear friends, My technical analysis for SILVER is below: The market is trading on 22.719 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 23.082 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear followers, This is my opinion on the USDCAD next move: The asset is approaching an important pivot point 1.375 Bias - Bearish Safe Stop Loss - 1.3598 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.3528 About Used Indicators: For...
The hourly timeframe is currently in a short context, with the invalidation point being the price closing above 1.08550. Otherwise, priority will be given to working in the short direction. The main target for Monday is 1.07950.
Hello,Friends! EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 161.811 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Take a look at our analysis for EURNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.774. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Take a look at our analysis for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.827. The above observations make me that the market will inevitably achieve 0.832 level. P.S The term oversold refers to a condition where an asset has traded...
Title: GLMUSD Consolidates After 80% Long Move: What's Next? Overview: Hello Traders, GLMUSD has entered a consolidation phase following an impressive 80% long move, prompting traders to anticipate its next move. COINBASE:GLMUSD Key Points: - GLMUSD recently experienced a substantial 80% long move, reflecting strong bullish sentiment and investor...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watch out Audnzd for a turn. :) Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking at UJ it does look heavy, also on other jpy crosses they are turning with Lower low and lower highs. Could likely continue the downtrend with jpy strengthening~ Do check out my stream video for the week to have more explanation in place. Do Like and Boost if...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! Believe that this is a lower timeframe bullback for more upside. Let's see. -- Get the right tools and an...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. EU which is highly correlated with USD will depend on how USD move,vice verse. Therefore similar conclusion ...wait for breakout if u want clearer directions. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Market moves in ranges or consolidation for 70% of the time. This happens. And here is the USD consolidation for 'something'. So, therefore, play along with it until something appears to negate this behavior! Do check out my stream video for the week to have more...