Today's focus: Oil
Pattern – Support Hold
Support – 71.80
Resistance – 78.80
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil.
After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current...
Today's focus: USDJPY
Pattern – Consolidation Watch
Support – 146.20
Resistance – 148.50, 151.70
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY.
After US employment data shocked on Friday and lifted the USD, we are wondering if we will see trend continuations on the USDJPY. So far, the price continues to travel on...
Today's focus: GBPUSD
Pattern – Consolidation Watch
Support – 1.2665, 1.2610
Resistance – 1.2751
Hi, and thanks for checking out today's video update. We are looking at the GBPUSD today as the price continues to consolidate in a rough ending diagonal pattern. We have also chosen the cable as we have the UK rates decision to come out later today. Depending on...
Today's focus: AUDUSD
Pattern – Continuation/resistance break
Support – .6566, .6545
Resistance – .6620
Hi, and thanks for checking out today's update.
Today, we have run over the AUDUSD breaking down levels we have seen form and what we are looking for after tomorrow's Australian CPI data. Combined with the USD, there are a few scenarios. We have done our best...
Today's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor...
Today's focus: AVAX
Pattern – 50% Fibbo, HL low analysis.
Support – 29.22
Resistance – 33
Hi, and thanks for checking out today's update.
Today, we are taking a look at AVAX (Avalanche) on the daily chart. Looking at price with a Fibonacci retracement tool on the chart, we can see that price lines up at the 50% point. This point also lines up with a previous...
Today's focus:
Pattern – Continuation, resistance test.
Support – 37,400
Resistance – 187.63 - 184.35
Hi, and thanks for checking out today's update.
Our focus today is on the GBPJPY pre-Bank of Japan. Looking at price, we can see it continues to trade on fast trends higher but has stalled at resistance.
The market could now be waiting to see what's next...
Today's focus: US30
Pattern – Consolidation / ascending triangle pattern.
Support – 37,400
Resistance – 37,770
Hi, and thanks for checking out today's update.
Crypto had a mainly higher but, in some cases, muted response to news that BTC ETFs will become a reality. We have run over some of the news and moves since yesterday.
The US30 is today's chart, and...
Today's focus: ETHUSD
Pattern – Consolidation / ascending triangle pattern.
Support – 2166
Resistance – 2371
Hi, and thanks for checking out today's update. Today, we are looking at ETHUSD on the daily chart.
What's next for Ethereum? Will we see a new leg higher break resistance? A lot will come down to the SEC and its pending approval of the BTC ETF, but it...
Today's focus: USDX
Pattern – Minor Support.
Support – 102.06
Resistance – 102.52
Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart.
Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in...
Welcome to 2024 Traders and Tradingview community. So far this week, we have seen plenty of volatility to start the new year. Crypto has seen solid moves, and the USD has been mainly positive into the first week of the year.
The JPY has also been seeing movement, but mainly to the downside into 2024. It's the majors that have caught our attention today as we...
Today's focus: US30
Pattern – N/A
Support – 36,280
Resistance – 36,900
Hi, and thanks for checking out today's update. Today, we are looking at US30 on the daily chart.
Today's video asks if US30 will continue to track higher despite being well off its moving average. This can be a warning if you believe in mean revision. The other point we are looking at in...
Today's focus: USDX
Pattern – LH Resistance push
Support – 102.45
Resistance – 104.12 - 104.35
Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart.
Today's video asks if USDX will continue to remain below resistance and possibly break lower if today's CPI data comes in lower than expected. We are mainly focused on...
Today's focus: NDX100 (NASDAQ)
Pattern – Continuation.
Support – 15,765
Resistance – 16,115, 16,085
Hi, and thanks for checking out today's update. Today, we are looking at NDX100 on the daily chart.
Today's video asks if NDX100 will continue to move higher after starting to break out of a range consolidation pattern. When these patterns are seen in uptrends,...
Today's focus: CHFJPY
Pattern – Ending Diagional
Support – 167.50
Resistance – 169.40
Hi, and thanks for checking out today's update. Today, we are looking at CHFJPY on the daily chart.
Today's video asks if CHFJPY will continue to move lower after breaking out of an ending diagonal pattern. These patterns are seen as reversal patterns. We have broken down the...
Today's focus: Gold
Pattern – Breakout, Continuation.
Support – 1988, 1937.60
Resistance – 2018.50, 2050.45
Hi, and thanks for checking out today's update. Today, we are looking at Gold on the daily chart.
Today's video asks if Gold will contnue to move higher after yesterday's breakout. We have run over all the signals we see confirming the possibility of...
Pattern – Continuation HL
Support – 7035
Resistance – 7100
Hi, and thanks for checking out today's update. Today, we are looking at ASX200 on the daily chart.
Today's video asks if the ASX200 will confirm a continuation price pattern we are watching develop on the daily price chart. Buyers look okay after holding support and forming a bullish bar in today's...
Ashraf Laidi, an independent strategist and author, is renowned for his insights on forex and global macro developments. Watch as he delves into emerging price patterns and potential shifts in market trends since the start of the trading week.
