I summarized the following four direct reasons for the market decline in the past two days: The geopolitical situation in the Middle East has escalated, triggering a rise in risk aversion in the market. The Fed's expected rate cut failed to materialize, leading to disappointment in the market. The collective collapse of the three major indexes of the US stock...
Despite Iran's unprecedented attack on Israel over the weekend, crude futures were barely affected Monday. Traders attributed the flat move to expectations that the conflict would be contained. In the short term, Israel's potential response to an Iranian attack is highly uncertain and could determine the extent of the threat to the latter's oil supply. Iran's...
With the expected rate cut and the sharp increase in retail sales data, the data is more favorable for the US dollar than other currencies, so I feel that it is still a good opportunity to buy and the US dollar will continue to strengthen.
A technical and fundamental outlook. Fundamentally US economy is looking decently healthy with rising inflation and higher retail sales than expectation. The short way of saying this is they are all making some decent money out there and they are spending it. Technically, this generated a huge upward momentum breaking through 154 area. This makes the trend mega...
2370 more As long as the k line falls back, we are running more, as simple as that Gold does not fall back, there is no chance to dry more, the afternoon market to force, directly down 2370 line, we more The k line has always stabilized above the average line, always standing position, the average line runs steadily upward like a rock, the overnight gold...
Hey, guys. As I see it, Ethereum has a good ascending channel. Any daily close below $2,840 is likely to signal a trend change to me, and then it is highly likely that we will see a support line for ETH in 2000-2050. If this key support is also broken, then I think cryptocurrencies in general (and AltCoins in particular) will undergo a major correction not only...
I feel the US 30 is showing signs of breaking out of the bearish channel on the back of a divergence in technical indicators. A breakout could lead it towards the 38,000 and 38300 levels. Traders should pay attention to confirmation of a breakout and consider factors such as market sentiment and economic data, as the dollar is now continuing to strengthen
Hey, guys Usdjpy is still showing a very strong bullish stance. I expect a pullback around 153.32-153.09. Once I see this area to hold, then this could be a very good buying area. We can see up to 156.71 or higher If that happens, it might put us in a better position to enter the deal
Now I just want to say that if Bitcoin breaks through this support level, we may see a big blood fight in the market, but Bitcoin has been unable to break through the high, and it feels like a short opportunity, you think
Today's content all points are 2406 US crude oil contract points, because the US crude oil has changed the main contract to 2406 contract, yesterday's market as a whole is basically in accordance with our analysis of the forecast to go, that is, down, the market rose to 84.75 US dollars began to fall all the way to the current lowest point of 82.01 US dollars....
Taking a closer look, this is a 3D view of this huge bearish trend line on the Bitcoin chart. Watch out for 65000 and watch for this possibility in the chart! I think maybe we should short Bitcoin
If the price can meet my expectations, I will consider taking a long position in the lower space, rather than taking risks and choosing to enter
Guys, I think early next week we'll keep going higher until we get to the first sell zone, and then maybe start going down again, or even go higher, get to the second sell zone, and then go down. We also have two extremes, one bullish and one bearish The bullish setup is that we break the red line and then we will go to the highest red box as a long-term goal. The...
us30 spot 4HR view - The current price now seems to have found major support at 37,317.8 (TP6), and looking ahead, I don't think these levels will be breached, in terms of weekly volatility, which remains unchanged. Although we have created 2 FVG gaps (4HR) below, which I believe will be our RIP zone, in order to clear the higher FVG, we have a reaction, but not...
I think the price recently broke out of the downside range. I expect to continue down, whether it's your retest or the price creates support and then breaks out, or you can use tapering techniques to find a trend pattern
On Tuesday (April 23), during the European trading session, gold continued the decline of the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling as low as $2,295.49 / ounce. More bulls took profits amid a pullback in gold prices as easing fears of conflict in the Middle East boosted investor risk appetite, reducing...
You can see this same action in the chart... Looks like we can see the future now. Maybe now's a good time to get in
If BTC/USD remains within the aforementioned range between 73.800 and 60.000. Well it recently dropped to daily lows, with institutions respecting potential support at 60.000. The next possible tie now is the relatively equal high above 71,500. If Bitcoin breaks out of this range significantly, perhaps it could stage another sharp rally on the back of the...