Euro Fx Futures has recently jumped to 1.10 level, the highest one since mid-January, mid-March, and than since mid-July, 2024. The main technical graph indicates this level can be recognized as a key resistance. I have no intension to take any of Long / Short positions immediately right here. Btw in any case of b/through, Euro Fx pair has an opportunity to be...
Natural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide AMEX:UNG Stock Forecast AMEX:USO Oil Stock Forecast TVC:DXY US dollar Stock Forecast Gold OANDA:XAUUSD Stock Forecast Silver OANDA:XAGUSD
This Could Be the Last Resistance for Bitcoin Bulls: What Does 689 Points Mean in the BTC/DXY Pair? When we examine the chart above, we can see that the critical resistance/level that Bitcoin needs to surpass before making a new ATH (all-time high) is 689 points. Historically, the periods when Bitcoin bull rallies have accelerated have been the times when the...
By reviewing the US Dollar Index chart on the daily timeframe, we can see that last week, the price reached its lowest level in a year, closing at 100.677. Given that the price has dipped below a liquidity pool, we might see an initial positive reaction at the beginning of the week, but I still expect further declines in the Dollar Index overall. Keep in mind that...
Gold In Depth Weekly Analysis Gold Mine Productions : XAUUSD Surged last week reaching 2 new all time highs of $2,500 and $2,530 amidst ongoing tensions in the middle east, BTC reaching over 90% mined whilst Gold mine productions are struggling to reach the last few years production ratio as they declare it is getting harder to find the precious metal,...
4-hour time frame DXY analysis The price is near the zoned swap area. We have to wait to see if he gives approvals for the climb or not.
My current bias for the dollar is very much bearish, as price has broken structure to the downside once again. While I don’t trade the dollar directly, I use it as a confluence to confirm trade ideas for other pairs like GBP/USD (GU) and EUR/USD (EU). Since I’m looking to short both pairs right now, this bearish outlook on the dollar makes sense. In scenario (B),...
BTC is analysed from price 0, 12 Jan 2009. Aggregate of stock markets (IWM, SPX and IXIC) are analysed from 2009's crash. Both asset classes are normalised to gold. Using the Elliot Wave Theory on the long-run movement of BTC and Equities the following has been determined: 1. BTC has converged to the stock market's movements 2. Equities and Cryptos have passed...
This is a short trade idea that fades the recent expansion upwards. I did an analysis all the way from the yearly timeframe down to the daily, and all arrows still point lower. WTI came into a yearly BISI, which is generally a big deal, but I have a feeling (also based on analysis) that we will come lower into a 6-month BISI and take out the ascending SSL below....
A nice alignment comparing SPX, NDX, RUT with the Fed Funds Rate showing when the FED raises rates and cuts rates and how it impacts the indexes. 1995 Cut Cycle - S&P Higher 1998 Cut Cycle - S&P Higher 2001 Cut Cycle - S&P Lower 2007 Cut Cycle - S&P Lower 2019 Cut Cycle - S&P Higher (but after 30-40% COVID Crash) Nobody knows how this cycle will impact current...
In today's session we are monitoring EURUSD for bullish price movement. We have our first buy at 1.11229 and stop loss at 1.10918. Our take profits is at 1.12000. Use proper risk management.
In today's session we are monitoring DXY for further sell positions. Our entry is at 101.482 seconds entry will be at 101.650. Stop loss will be above 101.789 and targets as low as 100.733. This means we are bullish on EURUSD and GBPUSD. Use proper risk management.
Tapped higher fib levels, rejected off a line of a previous high in the past that's contributed to the bearish 1W+ candles. Rate cuts are soon to occur which means less investment in bonds, de dollarization due to U.S. foreign policy economically punishing countries not cooperating with the U.S., U.S. debt exponentially increasing is unsustainable and will make...
The GBP/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.3100, positioned close to the breakout level. This offers an entry point...
Ladies and Gentlemen, We are approaching our target from last nights close.
The DOLLAR is the worlds #1 trade and reserve currency #GOLD is the KING of Anti Fiat #Bitcoin is attempting to replace GOLD in the mindshare of people (to a certain extent it has, considering from where it started from just a brief 15 years ago) So observing the major trends of the #DXY is crucial to determine how to place your bets and how much risk you should...
Thanks for checking out the video today. It was a reasonably nice selloff today, led mostly by the Mag 7 stocks. All US Indexes were in red, Nasdaq taking the worst of it around -1.60% lower. Powell on tap for Friday with Day 2 at Jackson Hole. The market is oh so curious if the FED will cut 25 or 50 bps in September and we have plenty of news to digest prior to...
Our Gold short analysis is down 540 PIPS in profit, since rejecting our supply zone. Beautiful move to the downside! This is only the START OF THE CORRECTION, before Gold allows us to buy it back at a cheaper price & target new high's in the market🚀 Personally, I did not manage to get into this sell position as I was away from the charts & busy. But I will look...