Get started

Trading

EUR/USD Daily Chart Analysis For Week of Dec 27, 2024Technical Analysis and Outlook: During the current abbreviated trading week, the Eurodollar is exhibiting a narrow trading range above the Outer Currency Dip level of 1.035. Current analysis suggests that the Euro is poised to resume its upward trajectory, with anticipated targets of Mean Resistance 1.051 and a potential extension to Mean Resistance marked at 1.060. It is important to note that a pull-down movement may occur towards Mean Support at 1.039; with a possible retest of the completed Outer Currency Dip level of 1.035, before resuming the upside movement.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec27, 2024Technical Analysis and Outlook: During this week's trading session, Bitcoin exhibited fluctuations within the newly defined Mean Resistance of 99500 and Mean Support of 91800. The analysis suggests a high probability that the cryptocurrency will experience a decline to the Inner Coin Dip 88500 prior to initiating a significant rebound. This rebound is expected to facilitate the re-establishment of its bullish trend. It is essential to consider that a rebound bull movement may indeed occur from the Mean Support 91800.
BITSTAMP:BTCUSD
by TradeSelecter
ETHUSD Will Go Higher From Support! Long! Please, check our technical outlook for ETHUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 3,346.7. Taking into consideration the structure & trend analysis, I believe that the market will reach 3,667.7 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:ETHUSDLong
by SignalProvider
1
AUDJPY Will Go Down From Resistance! Short! Here is our detailed technical review for AUDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 98.074. Considering the today's price action, probabilities will be high to see a movement to 96.232. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
We already bottomed, you just don't know it yet! NASDAQ:QQQ We already bottomed, you just don't know it yet! Daily Chart analysis: A look back at 2024 shows us that every time we have come down to the Green support line on the Wr% we've bounced hard all the way back up to the red barrier. It coincides with every time we've went below the 9ema that this occurs then we rocket back up. This time could be different but what I'm seeing on the weekly chart as well it doesn't look like it to me as we've already rebound back above the 9ema to this point. I'm just a nerd who loves all things stock market, I'm no oracle but from my TA and my GUT we should bounce hard heading into the new year and back up to ATH's in January friends! Not financial advice.
NASDAQ:QQQLong
by RonnieV29
5
Prediction: Markets back to All-Time Highs in TWO WEEKS! NASDAQ:QQQ AMEX:SPY I won't lie to you friends, this is MAXIMUM FUCKERY FRIDAY! It sucks across the board but lets just zoom out and look at all the data. We are still in an uptrend, still holding above the 9ema, and still GREEN on the H5 indicator. I'm buying the DIP. MY BULLISH PREDICITON: NASDAQ:QQQ & AMEX:SPY BACK TO ATH's WITHIN TWO WEEKS! Yes, I bought 5c NASDAQ:QQQ Jan. 10th 2025 $520 Calls I'm doing this only to put my money where my mouth and prediction is. I am ok with losing if I'm wrong. Don't get these NASDAQ:QQQ short term calls and prediction twisted with me being a forever bull. I understand how markets work and I'm simply going off my TA, knowledge, and GUT. I'm fully ready to exit every trade that goes against me if I'm wrong on the markets rebounding and continuing higher into January friends. When we do signal the bigger correction is happening through our strategies I will exit every RED H5 indicator or stock that goes against my rules. I'm simply giving a little bit of excess rope due what the FED did last week that kicked this whole thing off. I still don't see the Bull Market being over and If i'm wrong, I'm wrong. I will still be up massively on the year and I'll count it as one of the few times that I've been wrong. Still winning more than losing which is the only goal to strive for in trading. Not financial advice
NASDAQ:QQQLong
by RonnieV29
7
EURCAD BUY| Idea Trading AnalysisEURCAD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
1
World gold prices have not changed muchIn its Commodity Outlook 2025 report, TD Securities analysts noted that the Fed's rate-cutting cycle, geopolitical uncertainty and strong central bank demand for gold have pushed gold prices to record highs this year, but capital flows have not provided strong support. "There is no shortage of compelling macro stories that have fueled gold's rally in recent months ahead of the US election. However, the gold rally has not been supported by capital flows. Modules have maintained a 'maximum buy' status since August, confirmed by the largely unchanged COT report. In Shanghai, traders have sold nearly 35 tonnes of nominal gold in recent weeks as domestic investment opportunities have become more attractive. Gold buying has been driven largely by traditional ETFs and China. Fund managers have largely eliminated short positions. At the same time, rising US dollar and US interest rates have reduced the attractiveness of gold to Western capital inflows in the short term."
OANDA:XAUUSDShort
by FalCol_TradingMaster
Potential Bullish Cypher on GBPUSD Daily Chart Hello guys, hope you guys are doing great. I see a potential bullish cypher on GBPUSD daily chart. All the measurements are checked. Price is reacting from a Weekly and Daily Key Level with multiple touches and Rejection showing bullish momentum. Considering the date and period price is reacting from this Key level is very important to me based on my strategy and how I swing trade. The potential downside to this setup is that, we might continue to see the pound going lower and testing key levels below. then we review and look out for another trading opportunity. Till that happens. the above setup still holds to at atleast 0.382 TP1 (___ Price Level). I will keep you guys updated going forward on this pair into the month of January 2025. All the best guys
Long
by TheGreatCapital
2
NZDCAD My Opinion! BUY! My dear followers, I analysed this chart on NZDCAD and concluded the following: The market is trading on 0.8111 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8157 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCHF Massive Short! SELL! My dear friends, EURCHF looks like it will make a good move, and here are the details: The market is trading on 0.9398 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.9355 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1