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...
Price continues to hold in its new breakout, but buyers have been having a hard time so far taking that next step in forming a new continuation.
The two levels we are watching today are 1737.40 support and 1756 resistance. Both of these levels are short-term, and we still think the real test for buyers is up at 1780.50. Price, for now, continues to consolidate...
What a turnaround we are seeing today after yesterday's sell-off. Basically, a mirror image after sellers knocked 1.06% off after the morning's gap lower. Today buyers have added 1.21%, eclipsing all of yesterday's losses.
Bullish engulfing? Yep, it looks that way at the moment, and support looks firm at .6645. Yesterday's low has also set up a new higher low....
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 TradingView community, today’s focus is on oil as price has, for now, reversed seller momentum and could be starting to form a support bounce.
Overall the price remains range-bound between 93.50 and 83.65. But price continues to trade outside of the last major downtrend, and we have two higher lows after the September low.
Today sellers took control in the...
Hi traders, and welcome to Monday's insight. We're watching BNB today as price continues to hold a higher low above a well-defended support area.
We all have seen the total drama that has been the crypto market last week. Insane price moves after FTX ended up declaring chapter 11. We want to wish our best to anyone caught up, and we hope you will see a happy...
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...
