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NASDAQ 100 CFD

GBPCAD RE TESTINGThe potential downtrend in the GBP/CAD currency pair may be influenced by several critical factors. The Bank of Canada's relatively hawkish monetary stance, supported by strong economic data, contrasts with the Bank of England's cautious approach due to slowing UK economic growth. Declining global oil prices could limit the downside for the Canadian dollar, as Canada is a major oil exporter. On the technical side, GBP/CAD has recently tested key support levels, and failure to hold these levels may signal further bearish momentum.
Short
by edl75
GBPUSD FREE FALLThe GBP/USD currency pair has recently exhibited a downward trend, driven by macroeconomic uncertainties such as geopolitical tensions and global growth concerns, leading investors to favor the U.S. dollar as a safe haven. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance and the Bank of England adopting a more cautious approach, have further pressured the pair. Technical indicators show breaches of key support levels like 1.2842, signaling a continuation of the bearish trend. Traders should closely monitor economic data and central bank communications to adapt their strategies.
Short
by edl75
NEW NASDAQ ROUTEThe potential drop in the NASDAQ in the coming days could be driven by several key factors. First, macroeconomic uncertainties, including geopolitical tensions or the persistence of high interest rates, could increase market volatility. Additionally, recent disappointing quarterly earnings from major tech companies, which are often heavily weighted in the index, add downward pressure. Lastly, technical signals such as the breach of critical support levels or a decline below the 50-day moving average could trigger accelerated sell-offs. Investors should closely monitor these indicators to assess risks and adjust their portfolios accordingly.
CAPITALCOM:US100Short
by edl75
BTCUSD | Trade idea BTCUSD Performance: BTCUSD pulled back after reaching a minor top around $65,000, hitting a high of $65,103 and currently trading around $62,500. Rate Cut Probability: The probability of a 25 basis point rate cut in September increased to 71.50% from 71% a week ago (CME Fed watch tool). BTC ETF Inflows: BTC ETF saw an inflow of $202.51 million, with BlackRock attracting $224 million. US Markets: NASDAQ, which has a negative correlation with BTC, is bearish but neutral for BTC. NASDAQ is trading weak ahead of Nvidia earnings; a close above 20,000 could push it to 20,500.
BINANCE:BTCUSDLong
by DynamicCapital-FX
Nasdaq-100 H4 | Pullback support at 50% Fibonacci retracementNasdaq-100 (NAS100) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 20,660.10 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 20,480.00 which is a level that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 20,986.01 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:NAS100Long
by FXCM
Nasdaq Intraday Review - Thursday 14 Nov 2024I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - PPI and Initial jobless claims News - None Directional bias - Not sure, morning analysis should guide Morning analysis: M TF - Still very bullish, this months candle is up 10'700 pips but still 15 days till candle close. This shows that on the highest level, Nas is very bullish. W TF - At time of writing this morning, candle is red. The red body is about 1500 pips. This indicates short term bearish bias. Look at last week's candle close, which closed at an all time high after breaking a very strong W resistance, it is reasonable to expect price to retrace. D TF - Price action is showing that price is stalling. There are very long wick candles for 4 days, which represent the struggle between bulls and bears. As candle bodies are red, we see that bears are slowing managing to push price lower and lower. The way candles look at time of writing, I view this TF to be bearish. 4H TF - Shows a choppy market. There are no clear higher highs and higher lows or lower high and lower lows. Price is spiking widely in either direction, again representing the intense battle between bulls and bears. Three things are clear though, bulls have been unable to break the 0.618 SELL fib level (fib drawn from swing high at B. to swing low at A.). Bulls have been unable to break the 4H H&S neckline upwards. And lastly, up until yesterday, the 4H EMA was acting as dynamic support with bears being unable to break through downwards. But now this morning we have a clear 4H candle close below the EMA and if the 7am 4H candle closes below the EMA again, it shows that bulls were unable to push sellers back up at this level. 1H - Price is in a very bearish position. The 4H and 1H EMA are now above price and can be expected to act as dynamic resistance. The daily pivot point is also above price. Bulls will have to step in with volume and momentum to be able to break through these stacked resistance levels. Directional bias - looks very bearish. If 4H candle closes at a lower low beneath the 4H EMA, I would consider a sell. Otherwise if a DB forms on the 1H TF and breaks the neckline and subsequently the 1H and 4H EMA, I will enter a buy. No set bias today because TF showing bearish bias, while M TF is still bullish. It's also concerning that good CPI news was not enough to break through the sell fib levels. I will let price action indicate what Nasdaq wants to do today. As the day progressed: So indeed the 7am 4H candle closed below the EMA. I did not enter a sell because I noted that the candle closed exactly at the 100 EMA of the 1H TF (marked with the thick blue line). It can be seen that this EMA has provided dynamic support to 3 candle touches before at A, C and D.. So in an effort to avoid repeating yesterday's mistake (of buying at resistance), I didn't want to sell at dynamic support. So moving down to the 5min and 15min TF after this candle closed, it was clear that price could not break this support and I did not enter a sell. Then.... Entered a buy at the hand icon - Confirmations: 1. Market pattern - a DB formed on the 1H, with the neckline broken upwards. The break of the neckline was with a huge momentum candle breaking both the EMAs (1H EMA and 4H EMA - at time of entry the 4H EMA was in the position as marked by the purple line) 2. S&R - Pivot point broken 3. Trend - Temporary downtrend (marked in blue broken) 4. Fib - DB formed below the 0.618 fib level Mental SL placed at half the height of the DB that I entered in on. Unfortunately, price came back down and I close my position at my stop loss. Decided to be out for the day. What could I have done differently? Losses are inevitable in trading. They will happen, whether you like it or not. The only question is....are you happy with your loss or not. I am happy with this loss. I entered on good confirmations and I also entered with half my usual position size because my plan was to enter the other half position if price re-tested the neckline of the DB and moved up again. So by entering small I managed my risk. I have had this experience before where I enter on a high TF (1H) DB and price still moves down. This happened when Nas was making bigger TF retracements. Also, at time of writing (tonight) the D candle has a long red body. If it closes with a long red body...it means we are entering a waterfall situation where price is pushing down with bigger and bigger candle bodies, gaining momentum. Nas turning very bearish. Will need to consider my directional bias carefully tomorrow and only enter buys on 4H DB or 1H DB if the neckline has been re-tested and price then still moves up. Hope you caught the nice sell! Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop loss
PEPPERSTONE:NAS100
by Jinxx84
Nvidia Q325 Earnings Preview - What traders need to knowWhile so much attention from equity and index traders has recently been on US election trades and the flow-on effect into markets from Trump 2.0, attention now switches towards Nvidia and the volatility that is expected from its Q325 earnings. As many who have traded Nvidia’s prior earnings will attest, earnings are historically where big moves play out on the day, with the AI-giant influencing sentiment towards the broader semiconductor space, as well having a big effect on the NAS100 and S&P500. Key timings: Nvidia report after-market on 20 November (20 Nov at 21:20 GMT / 21 Nov 08:20 AEDT) Nvidia options imply another big move on earnings While pricing is dynamic and may well change by Wednesday, Nvidia options currently imply an -/+8% move on the day of earnings. This is clearly a punchy implied move for any stock, let alone one with a $3.6t market cap. Guiding expectations for the implied move is the form guide, where we can see that Nvidia has seen average (absolute) moves on the day of reporting quarterly earnings of 9.3%. Such elevated levels of expected movement can be a drawcard for traders who are attracted to sizeable intraday moves in equity and want the liquidity that is seen in Nvidia’s order book. However, large implied moves are also a major consideration for one’s risk management and when assessing position sizing and the distance to the stop loss. Reviewing consensus market expectations The extent of the rally/sell-off is typically a function of the outcome of earnings, and the guidance for the following reporting quarter, relative to market expectations and positioning. For this reporting quarter (Q325), the analysts’ consensus expectations (shown below) are largely in line with the guidance Nvidia provided in the prior Q225 earnings report (seen on 28 August). For example, we see expectations for Nvidia’s group revenue at $33.08b, just 2% above the guidance provided in the Q225 earnings. The market then expects guidance for the next reporting quarter (Q425) of $36.77b, representing a potential increase of 11% q/q, with the data centres segment representing the large percentage of those sales. Nvidia has such an incredible pedigree in beating their own guidance (and consensus expectations) on sales and earnings that traders have become conditioned to blockbuster numbers, which always beat – subsequently, market participants historically position for better-than-expected numbers and that raises the bar even further. Reduced expectations for a significant beat to consensus expectations In this earnings report, expectations are set lower than in past reports, and forecasts from analysts and investor positioning sit at the lowest premium to prior company guidance for many years. In theory, this newfound confidence to model and forecast sales, margins and earnings suggests the real potential for Nvidia to deliver an upside surprise, which could promote a significant move in the share price. Of course, the company guidance for the following reporting quarter (i.e. Q425) will also determine the extent of move in Nvidia’s share price on the day. The market lives in the future, so the collective will want new intel that suggests that sales growth is not just on track but could be higher than consensus forecasts. Focus will also fall on CEO Jensen Huang views in the post earnings call, where he’ll offer his take on how the business is tracking, the rollout of Blackwell and other GPUs and new developments in the pipeline. Huang will no doubt be incredibly positive and upbeat, and there are few CEO’s who know how to hit the right notes with investors. The market wants clarity on the direction of margins Q325 gross margins are expected to drop to 75.01% and are expected to continue falling towards 73% over the next two quarters. These are still obviously incredibly healthy margins for any business, but the market is now well conditioned to such impressive margins that the investment case resides on its ability to sustain these margins and offset any deterioration with increased volumes. The jury is out on whether margins are in longer-term decline or due to rise once again. A more stringent regulatory response is a potential landmine and one that is hard to model. Competition is also likely to increase, which could impact margins as the AI giant may need to become more competitive in its pricing. Conversely, the supply constraints that have held sales of Blackwell GPUs back will soon ease and should result in stronger sales growth in the quarters ahead. It could also see margins pushing back towards 75% in the Q226 results. Either way, the fact Nvidia currently trades at ATHs, despite greater attention on US election expressions, shows the broad collective still love the story and view Nvidia as the best-in-class AI/semi play. Put Nvidia 24-hour CFD on the radar Traders can pre-position for Nvidia’s earnings and react dynamically to the news or the price action through Pepperstone’s Nvidia 24-hour CFDs. 24-hour CFDs offer around-the-clock pricing (5 days a week) for traders to take a position and manage exposures before, through and after Nvidia’s earnings.
PEPPERSTONE:NVDA.US_24
by Pepperstone
Nasdaq 100 Consolidates Near Record High: Is a 22,000 Target NexThe U.S. presidential election has sparked optimism also in the stock market, with the technology index rising by 1,000 points. Following this new all-time high, the Nasdaq 100 ( PEPPERSTONE:NAS100 ) is now consolidating just below that level. This consolidation is taking the shape of a flag pattern, which could signal potential for further upward movement. A breakout to the upside would confirm this pattern and could set the stage for additional gains, with a target of 22,000 points.
PEPPERSTONE:NAS100Long
by Mihai_Iacob
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