Ichimoku RSI Analysis RSI was in oversold area, so I expect a bullish correction and price can touch the Kumo!
Ichimoku Cloud
Market Insights: Germany, Europe's only HopeRecent market movements in Germany and Shanghai have unveiled an intriguing confluence of factors worth exploring.
In Germany, the monthly market trends reveal a mixed narrative. While the indices have shown a bearish trend over the last few months, there are hints of optimism. The Tenkan-Sen remains above the Kijun-Sen, and the price is positioned above the Tenkan-Sen, traditionally regarded as bullish signals. The Senkou Span A hovers above Senkou Span B, and crucial indicators are above the Kumo Cloud, bolstering a potential bullish outlook.
However, this technical analysis should be considered alongside Germany's inflation data, which has shown signs of easing. While lower inflation often benefits equities, it may also reflect weakening demand and economic growth. This shift could influence central bank policies, bond yields, and currency dynamics, with varying implications for sectors.
On the other side of the globe, Shanghai has been marked by its own set of dynamics. Recent reports suggest a bullish sentiment, underpinned by a reversal in China's 10-year yield from three-year lows and proactive central bank measures.
While these developments paint an optimistic picture for Shanghai, it's crucial to remember that markets are complex and multifaceted. The interplay of technical indicators, economic fundamentals, and global conditions collectively shapes market trajectories. As investors, staying attuned to both Germany and Shanghai's evolving stories will be key to making informed decisions in the months ahead.
Ichimoku RSI AnalysisRSI was in oversold area, so I expect a bullish correction and price can touch the Kumo!
Ichimoku RSI AnalysisWe see a bearish regular divergence in RSI, so I expect a bearish correction and price can touch the Kumo!
Ichimoku RSI AnalysisRSI was in overbought area, so I expect a bearish correction and price can touch the Kumo!
Ichimoku RSI AnalysisRSI was in overbought area, so I expect a bearish correction and price can touch the Kumo!
GBPUSD downward momentum to 1.2400 areaIt has broken out of the range and maintains its downward momentum. Target 1.2400 below.
DXY is stronger and heads to 105 areaIt maintains its upward momentum and is moving towards the target of 105. Through this index, you can plan to buy USD and sell other foreign currencies such as GBP and EUR.
Ichimoku RSI AnalysisPrice was in overbought area, so we expect that price come down and touch the Kumo!
Bearish flag on EURAUDlooking to go short on this chart pattern. Entry will be below 1.6800, Stops above 1.6887, targets at 1.6636, 1.6560
GPBUSD Short Heavily On Higher ChartWe have thoroughly analyzed the pair since Monday of this week on our website and video channel.
Overall on the weekly and daily frames is in a downtrend.
On D1 gave cloud test signal.
On H4, the selling force is still dominating.
If the support above H4 is broken, the futures of the pair will continue to fall.
Stocks - NN GROUP NV - macro viewHere's a quick macro view of the stock from Dutch insurer NN using Ichimoku cloud indicator. Indicated are the zones/levels of interest where we can be looking to invest long term.
Note: this is my view and not financial advise.
EURGBP proper setups! According our observations, there are just a little more sellers in the market. Remeber we could just gauge traders which are not big players in the forex market.
Most main important levels are 0.8690,0.8595 and 0.8520. We use the rest of them just for riskfree and saving profits.
We'll long around 0.8595 and also we aim to short the pair around 0.8690. the 0.8520 level is another good option to long in next weeks.
4h OB
Ichimoku horizontal levels
Buyers and Sellers levels
GBPUSD up to sell down on the big time frameI spent 2 hours and 30 minutes studying the charts and summarizing it for you.
Please note that this is a plan and market entry conditions will vary from time to time.
You need to consider the momentum of the candle as well.
GBPUSD is still moving in the range of H4 but the general trend on major charts like Daily and Weekly shows that the pair is still in a downtrend.
BTCUSD started a new bumpAfter 26 days, I see a potential new run on Bitcoin.
First target 31800
Second target 35000
GBPUSD Ichimoku Time TheoryFrom the 13th of July peak at 1.3145 to the 3rd of August the price at 1.2620 is 14 periods (14 days on the daily frame). Moving forward 14 more cycles will be on August 18 (+/-)
Next is to calculate the price range...
GBPUSD short trade on NFPBe careful with this trade because of the high risk during NFP news.
Short at Kijun of H4 timeframe. Take profit to the recent low.
AUDUSD short to equal bottomShort the pair below the cloud to full fill the intent of the market.
Stop at 0.6635 above Kijun and take profit at 0.6470 nearly double.
GBPUSD need a support for longPrice reaches the cloud as good support on a daily. Go long from this area. Stop should below the could. TP as Kijun. Wish You good trading.
XAUUSD double bottom H1Gold is sideways on H4, currently at support on H1, buy in this zone and set stop loss below 1934, profit target 1962 - 1965.
