Hi, thanks for taking a look at today's update. Today we are looking at the USDJPY as it's a good example of multiple signs that could show a new push higher. Sometimes the more evidence you have to back up an idea, the better. Sadly, that won't be a guarantee it will work out! The majors continue to see a sold session to the JPY today. The GBPJPY posting a...
Hi, traders and TradingView community. Our focus today is on ETH as crypto prices continue to struggle for buyer demand. We have been watching ETH on the daily chart as price continues to hold on at short-term support. 1550 is the level we will be watching today, and if it's broken, this could set off a new leg lower, but sellers need to break this level to get...
Worries around Silvergate Bank have set off a mini plunge today. Crypto has seen a worrying Asian session so far, with most coins seeing heavy selling as traders look to take cover as the Sivergate Bank issue continues. The Banks share price lost 50% yesterday, and reports say most major players will suspend automated clearing with other business operations...
USD index has formed divergence. Looking at the daily chart, we can see a familiar pattern forming between price and the 10 CCI. This pattern is called regular divergence, which can tell us that a possible reversal could develop. In today’s analysis, we have run over the divergence pattern we are watching and Friday’s price action, which might give it more...
Hi, and welcome to today's GER30 update. Yesterday buyers fought back from the range low to post a solid session that could be stage one in a new leg higher that could continue the current trend. Buyers still have some work to do. We want to see a break of yesterday's high and a break of the current resistance and highs set last week. A new trend point has...
USDJPY, do we have a new breakout underway? After Friday’s surprise jobs report, the USD continued its revival. Combined with a weaker JPY, this led to a 2.07% surge to close out the week, and Friday’s bar also formed a breakout bar breaking the medium-term trend we have seen since October 2022. There’s other price action incorporated into this that we have...
Hi, and welcome to today’s update. Today we are focusing on ETHUSD after yesterday’s solid rally. Today’s format is slightly different as we use a double CCI method to analyse the current price action. These methods are nothing new and are primarily used to validate trend continuation ideas. Indicators, whether you love them or hate them, are just tools. We...
AUDJPY jumps after BOJ leaves yield curve range untouched. Hi, and thanks for looking at today’s update. Today we are analysing the daily AUDJPY after the BOJ left the yield curve as is after last month's shock adjustment. The market may have been looking for further moves today, which might be why we saw heavy selling on the Japanese Yen. Today’s video...
Today’s update, profit takers look to be moving in on gold. Could this become a new retracement that takes price back to the main uptrend point? After sellers managed to snap buyer momentum yesterday, we are seeing more selling so far today. Price, for now, looks to have found resistance from 1920 up to 1929. Pressure is on the fast uptrend, and we are...
Reversal pattern continues to present on Bitcoins weekly chart. Hi, we hope everyone is having a pleasant Friday. This morning while doing the rounds, I noticed a good-looking pattern on AVAX and Bitcoins weekly charts. The pattern looks like an ending diagonal, generally seen as a reversal pattern. As noted in today’s video analysis, we would like to see...
Eyes on today's CPI Risk markets set the tone on Wednesday as traders reacted to hopes that Today’s CPI data will come in lower than expected. This could lead to small interest rate hikes and could even signal peak inflation. We’re anticipating tonight’s data and if it will live up to the hype. How much has been factored in? Could it be a disappointment if it...
Are oil sellers gearing up for a push lower? Hi traders. Thanks for tuning in for today's update. After yesterday's fade, oil sellers remain in control today. Today's video looks at the last several day's price action with a focus on yesterday's and today's selling. Was yesterday's fade a warning that we could see a new test lower by sellers? The main...
Welcome to 2023 traders. We hope everyone had a lovely holiday period. On the first trading day of the year, gold buyers are setting the tone with a new breakout and setting up a new trend continuation. Risk markets continue to trade mixed with some gains on stock futures while major risk currencies are trading lower to the USD and sharply lower to the...
Hi, and thanks for taking the time to look at our latest update. We hope everyone has been hitting some trade wins. Today we are looking at the US30 after its wild session after yesterday's US CPI data. The data came in below expectations, and this continues the run of lower-than-expected releases. This remains a touch confusing, as last week, we saw the PPI...
Happy Friday, TradingView community, today’s focus is on the USDCAD after sellers forced a failed high in yesterday’s session. Yesterday’s price action was interesting as it showed buyers had little fight above 1.3350, with weaker oil prices. Philly fed manufacturing index may have also influenced as it dropped to -19.4, well below the -6.0% expected. Let's get...
Hi, and welcome to Tuesday's update. Today's focus is on Gold as price continues to trade with inside bars after last Friday's 3% jump. US employment data fueled the rally, and this data sent the USD packing. We're looking for Friday's breakout to complete, but we need to see buyers come back into the market with another firm move higher to show us that Friday's...
Hi, and welcome to Monday's update. Today's focus is on AUDJPY and EURJPY. Will we see intraday continuations? Today's video covers the 4H, but these trade ideas are seen from the 6H timeframe. We have confirmation with the CCi making a zero bounce in an uptrend with the MA supporting with an up angle. Price has made a new HL, and the AUDJPY has formed a new...
Hi, and welcome to Thursday's update. Today's video analysis looks at Ethereum on the daily chart. I wanted to do this report yesterday, but I wanted to give the market some more time to prove that this latest move higher really had some legs to it. Buyers confirmed Tuesday's rally with a follow-up, which is a good sign. We are focusing on ETH, but this week's...