S&P 500 Daily Chart Analysis For Week of January 20, 2023Technical Analysis and Outlook
The upside target to the Mean Res 4820 was targeted within a mid-week, with the hasty pullback to our designated Men Sup 3950 and 3890. The index continuously displays a bullish influence on the current market sentiment with upside replication of targets to Mean Res 4020. Key Res 4085 and Outer Index Rally 4140. The pullbacks with this upcoming major rally are to be expected.
Priceanalysis
EUR/USD Daily Chart Analysis For Week of January 20, 2023The euro-dollar continuously stayed close to our newly created Key Res $1.086 this week and displaying a solid movement towards Outer Currency Rally $1.110 as specified in EUR/USD Daily Chart Analysis for December 30. However, be aware that this puppy is prone to breaking downwards to Mean Sup $1.078 and possibly $1.070 to reignite upward action Outer Currency Rally $1.110.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Jan 20, 2023Technical Analysis and Outlook:
Bitcoin completed the Outer Coin Rally of $21,200 and Key Res $ 21,300 on January 14 and stayed very near the outcome throughout the week - busting through on Friday with follow-through on Saturday to complete the interim Outer Coin Rally of $23,000 (Not shown 60 min chart). The pending confirmation is in the process - Once confirmed, the pullback to Mean Sup $20,600 is inevitable. Once this puppy settles down, we will see a resurgence on the upside to finalize the Outer Coin Rally of $26,000.
S&P 500 Daily Chart Analysis For Week of January 13, 2023Technical Analysis and Outlook
The completion of Inner Index Dip 3785 was a significant upsurge platform. The upside target to the Mean Res 4820 is in the process of being finalized, and the index continuously displays a bullish influence on the current market sentiment. The additional upside moves to Mean Res 4085, with Outer Index Rally 4140 currently being at the crosshair. The sudden pullback from hitting the Mean Res 4020 is expected to Men Sup 3950.
EUR/USD Daily Chart Analysis For Week of January 13, 2023Technical Analysis and Outlook:
The euro-dollar has bounced strongly from Mean Sup 1.052 as specified EUR/USD Daily Chart Analysis for January 6. The prevailing up path to the newly created Mean Res $1.070 and Key Res $1.078 is completed with the eye towards Outer Currency Rally 1.1100. However, be aware that this puppy is in the process of breaking downwards to newly formed Mean Sup $1.070 to reignite upward action as specified above.
S&P 500 Daily Chart Analysis For Week of January 6, 2023Technical Analysis and Outlook
The downtrend to Inner Index Dip 3785 was completed two weeks ago and retested. The upside target to the Mean Res 3880 has been finalized, and the index continuously displays a bullish influence with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the crosshair. The pullbacks with this upcoming major rally are to be expected.
EUR/USD Daily Chart Analysis For Week of January 6, 2023Technical Analysis and Outlook:
The euro-dollar has bounced strongly from Mean Sup 1.058 as specified EUR/USD Daily Chart Analysis For the Week of December 30. The prevailing up path to the newly created Mean Res $1.070 and Key Res $1.078 is ongoing with the current market sentiment. However, be aware there is the possibility that this puppy may break downwards from Mean Res $1.070 to reignite upward action as specified above.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Jan 6, 2023Technical Analysis and Outlook:
Bitcoin bounced closer to our Mean Res $17,000 throughout the week. The retest of the Key Sup $15,850 is a toss-up. This puppy may break from the current position to create upward action to Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100.
ImmutableX (IMX) Close to its BottomThe Keltner Channel signs for ImmutableX (IMX) show that the current bear run may stop for a while because the latest candlesticks are slowly reversing from the lower end part of the second half of the channel.
Been dramatically falling from the price region of $4.671, IMX broke many psychological support levels, forming a new lower low every month and now trading at $0.401.
If bears are still taking their place in the IMX market, IMX could break its current support level of $0.385 and reach $0.303.
Support : $0.385 - $0.307
Resistance - $0.739 - $0.614
S&P 500 Daily Chart Analysis For Week of December 30, 2022Technical Analysis and Outlook
The downtrend to Inner Index Dip 3785 has been completed in the previous week and retested once again this week. The upside target to the Mean Res 3880 continuously plays with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the crosshair. The pullbacks with this upcoming major rally are to be expected.
EUR/USD Daily Chart Analysis For Week of December 30, 2022Technical Analysis and Outlook:
The euro-dollar has formed a new strong Mean Sup 1.058. The prevailing up path to the Key Res $1.078 is ongoing with the current market sentiment. However, be aware there is the possibility that this puppy may break downwards from the current position to reignite upward action as specified above.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Dec 30, 2022Technical Analysis and Outlook:
Bitcoin decanted closer to our Mean Sup of $16,400 throughout the week. The retest of the Key Sup $15,850 is a high probability at this time. The upward movement to retest newly created Mean Res $17,000 extending to Mean Res $17,800, Mean Res $18,500 is pending on the hitting Key Sup $15,850. However, be aware there is the possibility that this puppy may break from the current position to create upward action as specified above.
S&P 500 Daily Chart Analysis For Week of December 23, 2022Technical Analysis and Outlook
The downtrend sentiment to Inner Index Dip 3785 has been completed as specified in the S&P 500 Daily Chart Analysis For the Week of December 16 . The upside target to the newly created Mean Res 3880 is in play, with the additional upside moving to Mean Res 4020, 4085 with Outer Index Rally 4140 currently being revived per the current market sentiment. The pullbacks with this upcoming major rally are to be expected.
EUR/USD Daily Chart Analysis For Week of December 23, 2022Technical Analysis and Outlook:
The euro-dollar stays put under our Mean Res 1.0680. The prevailing down path points to the Mean Sup 1.0470, and extended probabilities to Mean Sup 1.0330 is a high degree of certainty. However, the upside move to retest Mean Res 1.0680 and Key Res $1.0780 is possible within the current market sentiment. Of course, the question is always, 'Which way will this puppy break from the current position?'.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Dec 23, 2022Technical Analysis and Outlook:
Bitcoin stays put above our Mean Sup of $16,400. The upward movement is in the process to Mean Res $17,800, extending to Mean Res $18,500 with high degree aftermath. The retest of the Key Sup $15,850 is continuously low at this time, pending the above scenario being played out.
eur/usd Someone is Fishing in the OceanWhen the candles go from big to small (trading volume) then something big is coming...
the chart shows that it is going down..
if the price closes below the strong support (after resistance) then some will make a nice bonus for the holidays..
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S&P 500 Daily Chart Analysis For Week of December 16, 2022Outer Index Rally 4140 is currently being shelved. The downtrend sentiment points to a newly created Inner Index Dip 3785, with the possibility of extension to Mean Sup 3720. The Mean Sup 3860 is a stronghold for the time being, as specified in the S&P 500 Daily Chart Analysis For the Week of December 9. The upside target to the Mean Res 3912 is likely from the current position or once the dip is completed. Of course, the question is, “From which support/outcome level will this puppy break enacting finalization of the down movement?
EUR/USD Daily Chart Analysis For Week of December 16, 2022The euro-dollar rip through our Mean Res 1.0585 but could not punch to vital Key Res $1.0780. The newly created interim Mean Res 1.0680 is the catalyst to draw the currency to retest the Mean Res 1.0680 and hit the Key Res $1.0780 in the process. The prevailing down path points to the Mean Sup 1.0450 and mildly extended probabilities to Mean Sup 1.0330. However, once the current down sentiment occurs, a furious decline to the additional Mean Support levels may likely happen. Of course, the question is, “From which support level will this puppy break playing down movement position?
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Dec 16, 2022Bitcoin diligently retreated to our Mean Sup $17,600 as specified on Bitcoin (BTC/USD) Daily Chart Analysis For the Week of Dec 9. The upward movement is in the process to newly created Mean Res $17,800, extending to Mean Res $18,500 with a high degree aftermath. The retest of the Key Sup $15,850 is the low probability at this time, pending the above scenario being played out.
S&P 500 Daily Chart Analysis For Week of December 9, 2022Technical Analysis and Outlook
Outer Index Rally 4140 is currently postponed. The downtrend sentiment points to a newly created Mean Res $3965, with the possibility of a support level of the Mean Sup 3860 emerging first as the primary target destination. The upside target to the Mean Sup 3965 is probable once the dip to the Mean Sup 3860 is completed. Of course, the question is always “Which way will this puppy break from the current position?”
EUR/USD Daily Chart Analysis For Week of December 9, 2022Technical Analysis and Outlook:
The euro dollar hit our target of the Mean Res 1.0585 twice this week. Advancement to the Key Res 1.0780 is getting more realistic and inevitable. The upcoming prevailing down path points to the new Mean Sup 1.0450 and extended Mean Sup 1.0330. However, once the current down sentiment occurs, a furious decline to the additional Mean Support levels may likely happen. Of course, the question is always “Which way will this puppy break from the current position?”
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Dec 9, 2022Technical Analysis and Outlook:
Bitcoin is continuously (Very slowly) advancing toward our leading destination of the Mean Res $17,600 and subsequently to the Outer Coin Rally of $19,100: However, the pullback to Mean Sup $16,700 is very much likely before further upward advancement. The retest of the Key Sup $15,850 is low at this time, pending the above scenario being played out. Of course, the question is always “Which way will this puppy break from the current position?”
XAUUSD: a potential REVERSAL on Uptrend.Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the XAUUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities