DXY mini wave Upward(06/18/2024)DXY has a strong upward momentum. in the last few days DXY TVC:DXY faced a minor correction.
right now DXY has broken the correction trendline and is possibly heading to make a new high.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Fortunamarketsanalysis
BTC caught in Correction, heading to 64k(6/10/2024)BTC had a hard time moving upward last week, momentum was so choppy and slow, and then NFP data and 72k resistance hit the final blow and made a 3.5k drop in the price. this sharp decline in the price can push the price to lower levels like 65k and 64k and even lower.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBP/USD is heading to 1.266666(6/8/2024)GBP/USD faced a big loss after NFP data. Right now the price left a big FVG, and we believe its going to be filled the next week. DXY moved sharply and sentiment around it is bullish as well.
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USD/CAD Correction before next upward rally(6/8/2024)USD/CAD FX:USDCAD has been trapped into a curve, we can see few back and forth movements since last month. Since the NFP data was quite good, we believe the price will move another wave upward after some corrections.
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Team Fortuna
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD.
for confirmation, we need to see the price breaks below the correction line(red line).
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Gold is heading to 2260$ zone(3/31/2024)After reaching the 2450$ zone, xauusd OANDA:XAUUSD faced a huge sell pressure that led the gold price to fall into the 2326 zone sharply.
We believe the price has more room to fall more until it reaches the 2250-2260$ zone.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
DXY likely go up by rise in inflationwe believe The DXY TVC:DXY will rise after inflation data.
in the technical term we can see a 5-wave impulse pattern and an ABC correction
after that we may see another 5-wave upward momentum.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USD/CAD another upward waveit is possible that the USD/CAD FX:USDCAD will make another upward wave.
After an impulse upward wave we can see a correction in USDCAD. it seems the price has reached the end of correction and it is likely to go up.
Our technical view has been shown in the chart.
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Team Fortuna
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
EUR/AUD Possible wave upward(5/15/2024)EUR/AUD seems to be making a new upward wave.
EUR/AUD made a good move as Wave 1 and then we can see a big ABC correction.
We believe that the price will move upward after touching the multi-resistance level at the 1.626 zone.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
GBPUSD is heading to 1.24200-1.24000 Zone(5/9/2024)Right now, GBP/USD FX:GBPUSD is facing the BOE interest rate descision.
current momentum is bearish and the price has broken a trend line.
We believe the price move bearish until 1.24000.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
EUR/USD Ready to short!(5/7/2024)In our last analysis, EUR/USD FX:EURUSD
Continued the mini bullish move(retracement) and right now the price is ranging.
We believe the price has finished the correction phase and is ready to start a new bearish move.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
Gold Prediction(5/7/2024)in our last analysis, We had anticipated the price drop in gold. still, We believe the gold price OANDA:XAUUSD has more room to fall more.
As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
DXY mini wave upward(5/7/2024)After the NFP and unemployment data, The DXY TVC:DXY faced a big correction.
In this week, we believe this week is going to be calm because USD has no game-changing data.
there is a possibility that the DXY is going to make some retracements in an upward direction.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USD/CAD analysis before NFP(5/3/2024)After a short correction USD/CAD FX:USDCAD has made a sharp break out and pulled back on the discount zone. it's likely the price telling us that USD/CAD is going to reach higher prices.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
AUD/CAD 0.90000! its going to drop (5/3/2024)AUD/CAD FX:AUDCAD has reached the 0.9000 psychological level.
Also, we can see the price is completing an ABC correction.
So today, the CAD data will determine the next move.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
Nasdaq analysis Wycoff style!(4/25/2024)Last month, everyone was hyped about Nasdaq NASDAQ:NDX and some media stocks like NVidia. we were telling our customers and followers to manage their risk and warned them about market correction.
In this analysis, we are using the Wykoff method to define accumulation, mark-up/down, and distribution phases.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
Another mini wave Upward for EUR/USD(4/22/2024)In our last analysis, EUR/USD FX:EURUSD Continued the bearish move and right now the price is ranging.
We believe the price will move upward as a correction.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
Gold Prediction(4/22/2024)As the Geopolitical crisis eased, We believe the gold price OANDA:XAUUSD will fall eventually
As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
DXY Next move!(4/22/2024)In our last analysis, the DXY TVC:DXY continued its upward movement. actually due to geopolitical crisis, the market was betting on stronger dollar.
We believe that this week is going to be calm and slow market.
we are still bullish on US dollar.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUD/CHF short to 0.56(4/16/2024)Today after China's economic data, the Market is betting dovish on AUD.
We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline.
Our technical view has been shown in the chart.
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Team Fortuna
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUD/NZD Short idea(4/16/2024)Today after China's economic data, the Market is betting dovish on AUD.
We believe the price has made an ABC correction and it likely started the C wave.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBP/JPY road to 195(4/16/2024)With JPY weakness, GBP/JPY OANDA:GBPJPY is likely heading to the 195.00 zone.
the price made an ABC correction move in the last few days.
We believe the price will continue to move upward after a little correction.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD minor correction(4/12/2024)In our last analysis, EUR/USD FX:EURUSD finally reached our 1.07 target. Right now we believe a minor correction to 1.07 is possible.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)