Traders and Investors, GBPUSD fell to multi-decade lows last year and since then it has been consistently rising up. Whilst GBPUSD itself was not moving that sharply up, other pairs such as GBPJPY showed much higher strength. GBPJPY last week/month crossed an important barrier. If this trend line and this correct resistance level are broken and confirmed, GBPJPY...
Traders and Investors, As the earnings seasons is here, looking at APPLE shows that there could be a fall coming. Reasons: 1. W pattern completed 2. Trend Line 3. Bearish Structure The last short set up gave us great profits. Manage the risk and make sure that you are watching stock movement closely along with US30 (Dow Jones) Rules: 1. Never trade too...
USOIL May Target 103 At Some Point. An M pattern has been completed but because the price jumped sooner than expected from 76.48, this FCP zone is left with less strength. Because of that the market is finding it hard to make a good bullish move and is simply consolidating. Right now it is in a consolidation phase but has started to show a bullish structure. If...
Traders and investors, DXY (Dollar Index) is still bullish and may continue to rise up. In the coming days or weeks please pay close attention to the price action before making sort of decisions in the market. Irrespective of the asset class or the market that you are trading, make sure that you are watching dollar as it can change impact your trading plan. In...
Traders and Investors, Gold has been going sideways in past couple of weeks after a making a great push the upside. It is now is a crucial level where it now needs to decide how it is going to finish the year. There are few very important scenarios based on Candle stick patterns, Fibonacci patterns and trend assessment. Bullish scenario: 1. It can end the yearly...
Traders and Investors, there is a lot of joy, speculation, excitement and nervousness in the Indian stock market as it makes another all-time high today. This however can be very deceiving or a good opportunity. Depends on how to see and interpret it. 🙂 If you think this is way too high and it should take a correction or dump then it may just give you that sort of...
Traders and Investors, US Indices have had a good rally. Dow Jones has been the leading one which printed the one of the biggest 3M bullish engulfing candles ever. SnP500 is also creating 3M bullish engulfing bit has been lagging behind the US30. NASDAQ (NAS100) is the lagging behind at the last spot. Russell 2000 has been also printing a bullish engulfing candle...
Traders and Investors, The gold started to rise on NFP data last week. Now that it showed a few patterns playing out and rejection from a level forming triple bottom, is it really bullish? There are few scenarios which first look at before we start to make any decisions. In this Gold (XAUUSD) analysis update we will look at what happened and what sort of...
Traders and Investors, FAANG index has reached an FCP zone which is also a previous structure level. This can create a good bounce up (BULL) opportunity for all FAANG stocks. Facebook (Meta) Apple Amazon Netflix Google Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on...
Traders, US30 has been rising up as expected since it hit our FCP zone. Now there is great pattern setting up which can push Dow Jones (US30) to the All Time Highs. There are few intermediate FCP zones (Targets For Longs Or Barriers/Resistance Zones) along the way. lease support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never...
Traders and Investors, As promised, here is the update on EURUSD higher time frame analysis. Remember the last analysis here as below and then further update? An FCP M pattern had already been completed a few weeks ago but the price has just been consolidating. Last week it showed first signs of bullish indication. Although not very strong, these are...
Traders and Investors, The dollar fell on NFP data last week after rising on FOMC in the same week. Now that it showed a few patterns playing out and rejection from a level, is it really bearish? There are few scenarios which first look at before we start to make any decisions. In this DXY (Dollar Index) analysis update we will look at what happened and what...
Traders and Investors, FTSE is one of the best resilient indices which had one of the lowest impacts in last few months as compared to bearish US indies. Now last couple of weeks it has been making its move upwards which can set its trajectory to retest the previous high one more time. This can happen if the trend line and that FIB level is cleared. This is...
Traders, USOIL has been rising after hitting our FCP zone as below. If 2 conditions of this set up are satisfied, it can start rising parabolically towards 100 again where we have an unfilled gap too. Manage the risk though! Aug 21: September 26: Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a...
Traders, I have been covering indices in depth latetly and what I see a common pattern is that US Indices has started to bounce back. US3 has been gaining for last 3 weeks or so, SnP500 is lower but gaining and NASDAQ is the only one which gained slowest. Hang Send Index (HSI) has reached 2008 levels but forming an M pattern. It is now inside an FCP zone which can...
Traders and Investors, Alibaba (BABA) has completed the typical bubble stock M formation and is now trying to gather orders for a bullish momentum. This stage happens when most investors fall into Despair or hopelessness. The earnings report is expected, and we have a wedge pattern. If the price breaks above the pattern and we get a confirmation, this can go the...
Traders and Investors, Twitter currently is at an important structure zone. If that zone is broken and confirmed, it can rise much higher to the targets shown in the chart. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅...
Traders and Investors, Dollar had a massive run for past year and is now inside an FCP zone. It is kind of stuck between 2 FCP zones and may consolidate there for a bit. On smaller time frames, there are few signs which can give us potential important hints on the next direction. Last week, showed a rejection pattern from the top which is still valid. if the...