EUR/USD Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook:
This week, the Eurodollar continued drifting lower following last week, completing our Outer Currency Dip of 1.062. The continuation to the next Outer Currency Dip 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.075 is possible.
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Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 15, 2023Technical Analysis and Outlook:
This week, the price action of Bitcoin made a strong recovery after reaching our Mean Support 25100. It is possible that it may continue to rise towards our Mean Resistance 27800. However, it may drop down to our strategic Outer Coin Dip 24200, as we anticipate a retest of the Mean Support 25100.
S&P 500 Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Spooz within the completed Pivotal Rebound, and Mean Res 4520 targets drifted lower to fulfill our retracement Mean Sup 4456 and is biased to go higher with the upcoming trading week. The possible Retracement Retest to Mean Sup 4370 and completed Inner Index Dip is not out of the trading envelope setup.
EUR/USD Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Eurodollar drifted lower in this week's trading, completing our Outer Currency Dip of 1.070. The continuation to the extension of the Pivotal Down targets 1.062 and 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.080 is possible.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 8, 2023Technical Analysis and Outlook:
This week, Bitcoin churned at our completed Outer Coin Dip 25600, indicating bias to move downwards crucial support targets: Mean Sup 25100 and 24300 along with Next Outer Coin Dip 24200. Pivotal Rebound Retest is also in play.
S&P 500 Daily Chart Analysis For Week of September 1, 2023Technical Analysis and Outlook:
The Spooz continued upside bias this week by ending its rally at Mean Res 4520. Continuation to completed the Inner Index Rally 4590 is a work in progress. However, the pullback to Mean Sup 4456 is also within the trading picture.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 1, 2023Technical Analysis and Outlook:
On August 23, Bitcoin made a significant recovery and reached our Mean Resistance level. The next target on the downward movement is the Outer Coin Dip, which is at 24200. There is a strong chance that the Mean Resistance 27800 level may be retested.
S&P 500 Daily Chart Analysis For Week of August 25, 2023Technical Analysis and Outlook:
The Spooz rock and roll to the upside in this week's price action, hitting our Mean Res 4460 as advertised in Daily Chart Analysis For the Week of August 18 with rinse and repeat, is not out of the question. On the downside, price action continues targeting our completed Inner Index Dip 4340 for a retest and drift further down to the next Inner Index Dip 4212.
EUR/USD Daily Chart Analysis For Week of August 25, 2023Technical Analysis and Outlook:
This week's price action of the Eurodollar turned out to be nothing but down modish as projected, by fulfilling our Outer Currency Dip of 1.087 and drifting to the next Outer Currency Dip of 1.070. However, the dead-cat rebound to Mean Res 1.090 should not be ignored.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 25,2023Technical Analysis and Outlook:
This week, Bitcoin surpassed two key targets: Outer Coin Dip 28200 and 26900, indicating that the next Outer Coin Dip 24200 is likely, with the Mean Res 26650 serving as a temporary support for price action. However, an extension to Mean Res 27800 should not be dismissed.
S&P 500 Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook:
This week, the Spooz index finalized its down move by completing the Inner Index Dip 0f 4340. However, a strong rebound is possible with Mean Res 4460 as a primary target. On the downside, price action might churn about the completed Inner Index Dip 4340 and Mean Sup 4330 before taking off to the upside. Notwithstanding, if all fails, the market will take us to the Next designated target of Inner Index Dip 4212.
EUR/USD Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook:
The price action of the Eurodollar remained downwards as projected by Trade Selecter by completing our major target Outer Currency Dip 1.087. However, a strong rebound is possible with Mean Res 1.101 as a target. On the downside, price action might take us to the Next Outer Currency Dip of 1.070.
S&P 500 Daily Chart Analysis For Week of August 11, 2023Technical Analysis and Outlook:
The Spooz index continued this week to drop to fulfill its destination of Mean Sup 4403 and the possibility of Mean Sup 4330. However, another jump toward the newly created Mean Res 4520 level is also possible in this unconventional market.
EUR/USD Daily Chart Analysis For Week of August 11, 2023Technical Analysis and Outlook:
This week, the price action of the Eurodollar remained stagnant between the Mean Res 1.102 and Mean Sup 1.094. Thursday's reversal tips its hand to continue the pivotal down-move mode with the target, Outer Currency Dip 1.087. However, another jump toward the Mean Res 1.102 level is also possible in this rigged market.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 11,2023Technical Analysis and Outlook:
To its price action, Bitcoin experienced a "dead cat bounce," as projected by Trade Selector. Its current trajectory points to resuming the retest of the completed Outer Coin Dip 28900 and moving towards the next Outer Coin Dip 28200 and 26900, respectively. However, another jump toward the Mean Res 30050 level is also possible in this reactionary market.
S&P 500 Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
The Spooz index experienced a significant drop as a result of the Inner Index Rally 4590 reaching completion last and this week's trading session, respectively. This caused our Mean Sup 4534 and 4507 to be eliminated. It seems likely that the index will continue to decline, potentially reaching our next Mean Sup 4403 and even Mean Sup 4330. However, it's important to note that there could be a Reignited Rally Resumption at the solid and strategic Mean Sup 4403 level, as this week's trading has been heavily oversold.
EUR/USD Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
In this week's session, the Eurodollar has decreased to our Outer Currency Dip of 1.087. This has resulted in a very weak Mean Res of 1.102. However, Friday's reversal could indicate a potential extension of the dead cat bounce to Mean Res 1.109, while the Mean Sup of 1.094 is lingering below.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
This week, the price action of the coin remained stagnant between the Outer Coin Dip 28900 and Mean Res 30050 levels. This suggests it might decrease further towards the Outer Coin Dip levels of 28200 and 26900. However, there is also a possibility of a dead-cat rebound towards the Mean Res 30050 level.
EUR/USD Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
During this week's session, the Eurodollar decreased and reached our Mean Support level at 1.100 and lower, which suggests that it may continue to decline toward the Outer Currency Dip of 1.087. It could also rise and retest the Mean Resistance level at 1.109 to eliminate weak long positions. It's essential to consider this upward movement known as a "dead cat bounce."
S&P 500 Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
The Spooz performed as predicted by achieving an Outer Index Rally outcome of 4590 and indicating a desire to move higher. However, the Key Resistance at 4630 might hinder its progress, but it is just a temporary pause. The subsequent Inner Index Rally 4708 is expected to yield positive results.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
This week, the coin's price action fell below our Mean Support level of 29900, indicating that it may continue to decrease towards the next Outer Coin Dip levels of 28200 and 26900. However, a dead-cat rebound toward the Mean Resistance level of 30050 is not ruled out.