GBPUSD M15 - Short SignalGBPUSD M15 - Lower timeframe chart here highlighting the LTF structure break and active retest. Looking for resistance at 1.21500 again, stops would be above previous high and H4 resistance price, with initial targets down towards this 1.20 handle. 4.6R measured. Alerts set for 1.21500 lets see what unfolds.
Finance
Don-Key Finance after the XRP win and BTC halving My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many would be terrified at these prices but these are the entry points that can offer the best crypto returns given the platform's success. The XRP outcome along with the Bitcoin halving could bring the Bull run we are all expecting within a certain time frame. The final date for summary judgment with Ripple is the end of March unless this is moved. The BTC halving should come on April 12th, 2024. Both of these dates could bring another level to the crypto markets that catapult many projects to new highs.
L&T Finance Holdings Ltd.L&T Finance Holdings Ltd. is forming a good pattern, there is a good accumulation happening at current levels.
L&T Finance Holdings Ltd. is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
#STG - Broken down on channel and retesting#STG - Broken down on channel and retesting
Further downside expected with STG with breaking down on ascending channel in an already bearish long term framework there has been a push back up to retest the under side of the channel. Be wary as it looks like the 20 DEMA and 200 1hr EMA has been broken and challenged so holding this or breaking back into channel and holding would be worth cancelling the set up.
EURGBP H4 - Long AlertEURGBP H4 - Managed to bounce nicely from our indicated support yesterday, a nice break in lower timeframe trend, looking for a retest of that same support price which could result in an attractive H4 double bottom to position long from. Trading up towards that 0.87800 resistance price.
Fundamental & Technical | BTC📉Bitcoin is currently testing a decisive resistance line (Zone 2).
Current existing factors influencing financial markets:
* Decreasing investors confidence
1. The continuance of recession-indicating economic reports
- A recession is expected (lastest FED + inflation rate reports)
2. Further war escalations
- Russia defaulting, economic allies are changing and higher % of GDP devoted in military sector.
3. Political uncertainty
- Boris Johnson resigning(UK)...
4. Natural diseases + disasters
- Covid 3rd/4th waves, extreme hot weather
1. FED Interest Rate decision on to be posted @ 18:00 on 2022-07-27. Current inflation reads at 9.1 (2022-07-13), beating the consensus (expected) inflation (8.8).
There is currently a lot of uncertainty over financial asset valuation. Worse economic statistics than predicted will likely imply our volatile digital assets will drop heavily once the interest rate decision is out(and if its hawkish).
2. Japan warns over Chinese and Russian increasing cooperation (economic & military).
Rising concerns for investors:
- Increasing number of involved countries (alliances)
- Lasting severity of war donations
- Rising war spending (2.5% of total GDP increase in UK)
3. Depending on the UK's new PM outcome, the country's fiscal(tax) policies may be on each extreme.
The candidates:
* Rishi Sunak vowing to increase taxes
* Penny Mordaunt would raise income tax thresholds for basic and middle-income earners. (Lowering tax revenue)
* Foreign Secretary Liz Truss mentions creating ''low tax, low regulation zones''. (Lowering tax rates)
4. Covid + Heat waves
- Extreme heat waves in Europe affecting productivity, trade, currency valuations and etc.
- Currently, Covid waves have a greater impact on LEDCs. Corruption, poor infrastructure, worse weather control(worsening symptoms severity) and fake vaccine passports may all contribute towards this fact.
Thereby, I believe a drop will occur to satisfy the market changes within the zone 2.
Risk/rewards ratio: 3.23
Open Short: 265.75M
Take Profit: 173.17M
Stop Loss: 293.74
Note: the graph is BTC/Gold. I will be posting an explanation for it's utility
Thanks for your time!
San:)
DAX: Push itIt's not a struggle for the German index! The DAX index used all its willpower to find its way up and pushed all the way to climb above the resistance at 13 970 points. We're currently observing an upwards slope that should steadily move into the pink zone between 14 346 - 14 687 points. As soon as the blue wave completes its movement, the trend should turn into a downwards slope heading to the resistance at 13 970 points. If the DAX can't keep its upwards trend going, there's a 35% chance for the trend to cross the support at 13 036 and drop below 11 829 points into the green zone. We'll keep you posted on whether the DAX can keep up with its hard work or if it slams on the brakes.
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Hey traders,
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Nio (NIO) | Attractive $10 vol.2Hi,
Technically speaking not the best criteria but not so bad either so I would like to share it as an idea. Combine fundamental analysis with technical, fundamental is your own thing but some technical viewpoints are:
1. The round number $10
2. Gap fill from 2020 June
3. Fibo Extension
4. Previously worked resistance level
Do your fundamentals, it should be a strong one because be ready to grab it from lower prices as well but to start building NIO positions it looks correct spot, at least technically speaking.
Good luck,
Vaido
Dollar final element of daily supportDXY D1 - Really want to try and grab some short entries on these ***USD pairs soon, as we approach this 110 whole number on DXY we are sat at 1.10 on EURUSD and breaching 1.15 at the moment on cable. Plenty of time left to stablise. London open volume can often be deceiving, pump before the dump essentially. Not jumping into anything until we start to see some slow down, but definitely have tpairs on our radar.
EURJPY H4 - Short SignalEURJPY H4 - Different brokers are showing different closes on this H4 resistance price of 147. Other brokers are showing this 147 handle as a triple top on the H4 with the exception of this spike upside on the 21st October (last Friday). I'd like to think this pair and the YEN is oversold, hoping for some short term gains from the YEN.
EURJPY D1 - Short SignalEURJPY D1 - Daily timeframe analysis here following yesterdays daily close which failed to breach and set new highs. Strong bullish daily candle, but hoping for a rejection candle here to take price back down towards that 144 handle, healthy 300 pip range possible due to unfold.
XAUUSD Bearish biasHello dear traders,
I think gold will continue forming lower lows on its way to the weekly demand zone of 1590-1570 area.
I have draw paths of possible impulse as break and retest areas.
For bullish reversal, I want to see a clear break of 1660 zone with price action retest.
Dollar is getting stronger and stronger with this solid and aggressive FED policy and the continuous rising yields.
However, the global economy is not at the normal levels, so this USD strength might get exhausted after December.
You can share your ideas on the comments!!!
Good luck!
COMPUTER AGE MNGT SER LTDCAMS is forming a good pattern, there is a good accumulation happening at current levels.
CAMS is Bearish Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Finance
Industry: Regional Banks