EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔼 XAU 🔽 WTI 🔽 After several sluggish sessions, the US dollar recovered against other major currencies. USD/CAD closed 11 pips higher at 1.3407, and USD/JPY increased 66 pips to 128.54. Meanwhile, the US stock market was closed. EUR/USD and AUD/USD declined over 10 pips to close at 1.0816 and 0.6954 respectively,...
Looking at the H4 chart, my overall bias for AAPL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 140.53, where the 61.8% Fibonacci line is. Stop loss will be at 149.96, where the previous high is. Take profit will be at 124.19, where the recent low is. Any opinions, news, research,...
"Investors" aren't pricing in any risk. Notice the 4hr. reaching overbought RSI levels with low a ADX reading. The RSI is now falling off. Expecting ADX to move higher as a SELLOFF RESUMES with SURGE IN VOLATILITY $VIX. Protect your #kingdollar as the Fed is continuing to raise rates throughout 2023. NO RATE CUTS in sight. HEDGED with $UVIX $UVXY
Dear traders! Potential short is incoming. There is a possibility of a bearish continuation after a liquidity grab and a retest of a Supply zone. Since we are bearish on HTF, I'm more focused on the bearish side. However, we still need confirmation from an LTF. Good Luck! DISCIPLINE Strive for patience, perseverance, determination, & rational action. ...
Here are my targets. ............\\...... .................
Union Pacific Corporation - 30d expiry - We look to Buy at 204.44 (stop at 194.90) Prices have reacted from 183.70. Levels below 205 continue to attract buyers. This stock has seen good sales growth. The primary trend remains bullish. A break of 221.71 is needed to confirm follow through bullish momentum. Our profit targets will be 227.88 and 232.88...
I was given some information today that has concluded me to short SPX for the remainder of the year. Turmoil and scandal in the US has caused a turn in SPX bearish. The US is going bankrupt. I cannot say anymore than that. consolidation may occur at 3850 levels then further dip to yellow supply POTENTIAL 700 Point swing! 3:1 RR from MA200 (red) to the...
Since currently the DXY is dictating the direction of the markets, I think that it is appropriate to make an analysis to see what could we expect in the coming months. In this way, I present these possible two scenarios, and remember that markets (including crypto) respond in opposite direction to the DXY, i.e if DXY goes up, the markets and crypto will go down...
Some kind of bottom is in - what will happen next? At least a retracement should be in play - but will it break? Let's see the strength of the retracement.
Hello guys, I am sharing with you my analysis of Google. I think the stock looks pretty cheap at the moment and it is forming a beautiful Double Bottom. This is further supported by a MACD Bullish cross and upward trending RSI, which is above the 50 line. Overall I think it has an appealing risk-to-reward opportunity. What do you think?
What we can see on the chart is a double top pattern. We expect that the price is going to move downwards, once it broke below the neckline you can enter short with a sell limit order. Do not forget to put a stop loss above the double top to protect your capital.
Expect a small retracement but new year's and news's euphoria is driving it higher and higher - I expect both stocks and crypto fakeout to the upside and start going down around mid March - this is how it would look like. Good luck!
EUR/USD 🔽 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔼 As the Bank of Japan loosened bond yield control last year, Mitrade anticipated further tightening from the central bank, including a possible rate hike on Wednesday. Meanwhile, USD/JPY plunged over 140 pips to 127.88, and USD/CAD increased to 1.3396. EUR/USD rebounded from 1.0793 to close at 1.0828...
Price has been falling since November 2021, no signs of turning back up, and massive bearish patterns on all timeframes. Most likely to keep falling along the descending channel. TP $50 (why not?). SP outside the channel and wide. I'll hold this one 3 or 4 months.
Price is forming a bearish flag since February and is about to break down. LMND reports earnings tomorrow, this could trigger the price to break the flag, but it could push the price high as well. I have a short position, I don't think is going to report good earnings, even if it does and the market pushes the price up, it would be a good opportunity to add to my short.
Looking at the H4 chart, my overall bias for NVDA is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 161.38, where the 23.6% Fibonacci line is. Stop loss will be at 138.85, where the previous swing low is. Take profit will be at 187.88, where the previous swing high is. Any opinions, news,...
The SPX (S&P500 Index) price is attempting to breakout above $4000, as earning season kicks off on 1/17/2023. Bullish scenario: Inverse Head-and-Shoulder price pattern breaks out above $4000 resistance neckline zone. Resistance targets would then be $4085, $4300, $4600. Bearish scenario: Double-top price pattern rejects price and drops back down to $3900,...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 3950.57, where the 23.6% Fibonacci line is. Stop loss will be at 3764.49, where the recent swing low is. Take profit will be at 4325.28, where the previous swing high is. Any opinions, news,...