💡 GBPUSD: Forecast January 22ANALYSIS TODAY: GBPUSD stalled during the weekend session, still stuck in range. Reiterating that although it was not possible to make a higher high in the past 1 month, the bullish signal has reappeared (bullish engulfing pattern), you can continue to hold the existing long positions and still place SL is below the 1.26 resistance level.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
Trendtrading
💡 EURUSD: Forecast January 22ANALYSIS TODAY: After consecutive bullish reversal signals including the spinning top and pin bar pattern, the price has recovered slightly in the past session, however it has not yet broken the short-term downtrend line and has not created a new high, so The situation has not yet changed significantly. You continue to be wary of the possibility of a bullish reversal. If you still have a short position, you need to maintain the SL above 1.09.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
💡 XAUUSD: The downward momentum is still Analysis today: Continued to recover over the weekend but the price was not able to create any notable bullish signals, it is still maintaining in the short-term falling price channel and selling pressure is still present around the resistance level. 2040. Still maintain bearish expectations, at least until this short-term price channel is broken.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
SEIUUSDT.P Conservative Trend Trade 5RConservative Trend Trade 5R
+ long impulse
+ SOS level
+ 1/2 correction
+ volumed 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop loss
1 to 2 R/R take profit
with possible extension to 1H chart
Hourly chart context
- short impulse
+ volumed T1
+ biggest untested volume 2Sp-
+ uncompleted test into 1/2
+ support level
+ Day support level
GOLD: Prime Selling Opportunity Unveiled by Harmonic Symmetry!GOLD has recently breached its downside structure. Currently, the price is undergoing a corrective phase on the 1-hour timeframe, characterized by the presence of a Gartley symmetry. This harmonic pattern is poised to conclude at a highly probable supply level. In the event of the successful completion of this harmonic pattern, a robust selling opportunity is anticipated, as visually depicted on the accompanying chart.
INJECTIVE|The beginning of the BEARISH trend?Hello guys, I hope you are doing well. Have you seen Bitcoin? I hope you have used it.
Let's check the ING currency, the four-hour time is inside a trending range, it has tried several times to stabilize higher ceilings, but was unsuccessful, now it has fallen again when it reaches the four-hour supply area and has entered the form of a descending channel.
It is registering lower highs and lower lows, on the other hand, Bitcoin has fallen, which is not without effect.
Currently, the four-hour demand area has stopped ING from falling, if this area is broken down, the selling pressure will increase and it can easily fall to the $29 and $19 targets.
Pay attention to the demand area (32.20-33.80), by breaking this area, look for selling positions.
💡 EURUSD: Analysis January 19Indicator is used:
- Chandelier Exit
- EMA
- MACD
Re-tested the 1.09 conversion resistance zone in the last session, but the selling force returned and prevented the price from rising above this level. However, observing on a daily basis we see a spindle - credit model. Potential reversal signal. Therefore, you need to be wary of the possibility of a price reversal to the upside. You can hold short positions according to the previous breakdown signal but the SL needs to be placed above the 1.09 resistance level.
💡 GBPUSD: Forecast January 19The price has recovered after buyers returned to around the 1.26 support level. Temporarily, the bullish structure still holds although the price has not created a new peak in more than a month. Reiterating that the bullish signal has reappeared (bullish engulfing pattern), you can continue to hold your existing long positions and still place SL below the 1.26 resistance level.
💡 XAUUSD: Analysis January 19Gold D1 increased yesterday, but created a price bar within the previous price bar to form an inside bar model, showing a state of cumulative price compression. The support confluence area around the round number 2,000 continues to be the area that pushes the price upward. D1 gold is in a sideways state.
There is an uptrend in gold price in H1, but this is only considered a correction, not a reversal because it has not broken the most recent price peak. Therefore, the main trend of H1 gold today is to wait to sell at the above resistance. If the price breaks above this resistance, it will reverse to increase, then you can wait to buy again.
Short sell entry on BTCUSD?BTCUSD provided a short sell entry as the bearish flag breakthrough was followed by a break of the 50DMA. Following the ETF approval, there was a surge in distribution, indicating a local top. I believe it is time for BTCUSD to make a major pivot.
I am an optimistic person, and shorting does not fit my psychological profile, thus I prefer long-only trading. And, yes, we should keep in mind that we are still in the early stages of a bull market.
Note - Altcoins like ETH and BNB are forming bullish flags signifying a divergence.
💡 EURUSD: Analysis January 17EURUSD has fallen to the support zone around 1.0850. If the price forms and gives us a signal to buy up in this zone, we can consider trading.
If you trade this frame, please note that you can wait for the price to break the most recent peak of the H4 frame and then look for a buyback price according to the previous price increase, so you will have a much higher probability of winning. .
In general, with this currency pair, please pay attention to the current support price area around 1.0850. If there is a signal of a price decrease, you can consider trading.
Also note that we have a small resistance level around the round number 1.0900. If you are trading in the low frame and see the price approaching this area and forming a nice bearish signal, you can consider it. Can you please sell soup from this area?
💡 GOLD: Can gold maintain the 2000 USD mark?At the end of Tuesday's session, gold prices had their worst session since nearly a month and a half ago, after weakening more than 300 pips to below the 2030 USD/oz mark last night. As of this afternoon, the price of this metal continues to find a new bottom when it falls to the 2020 USD/oz mark and if this downward trend continues, it is highly likely that it will be difficult to maintain the 2000 USD/oz mark in today's session. .
The reason for the gold market sell-off is believed to be related to Mr. Christopher Waller - Governor of the Federal Reserve (Fed) giving a speech stating that the Fed may loosen monetary policy more slowly than before. with what the financial markets are speculating recently. According to Mr. Waller, although inflation in the US is moving towards the target, it is still unclear whether low inflation can be sustained or not.
GBPJPY - READY FOR THE BULL TO CONTINUE?!GJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
💡 GOLD: Forecast January 17Gold tumbled on Tuesday, completely erasing last month's gains and inching closer than ever to the 50-day simple moving average, a key support indicator that sits slightly above the $2,010 area. The bulls must defend this technical zone; Failure to do so could trigger a move to $1,990, followed by $1,975.
On the other hand, if the buyers return and create a bullish reversal, resistance will appear at $2,045-$2,050. Removing this cap decisively may be difficult, but a breakout could create the right conditions for a rally to $2,085, the late December peak.
Trend Trading Strategy - Trend Continuation Master the Market Rhythm: Trend Continuation Strategy with Fibonacci Precision
Ready to ride the market waves with confidence? This video unlocks the secrets of a powerful trend continuation strategy, designed to capture momentum and maximize gains.
Here's what you'll discover:
* Identifying the Trend: Learn to spot bullish (higher highs, higher lows) and bearish (lower highs, lower lows) trends like a seasoned pro.
* Support & Resistance: Leverage key price levels where the market reverses, creating exploitable entry points.
* Timeframe Harmony: Start from the bigger picture and zoom in, pinpointing the ideal entry zone on lower timeframes.
* Fibonacci: Harness the power of the 61.8% retracement to identify high-probability trade zones within the trend's ebb and flow.
Still a good arbitrage: Long Japan/ Short Chinawaiting for a short setup against China A50 and a long setup on Nikkei 225.
Let'see how it goes.
Traders who did the Long Japan/ Short China trades last year earned a lot. Will this combo still be the most beneficial trade for equity traders?
Currency
these 2 economies are gonna cut their rate.
The difference is China's gonna cut their rate regardless of fed's policy, while Japan will be released from the high interest difference between USD/JPY.
Economy
This part is tricky. Japan enjoyed 6% inflation since the "Big Inflation" during the post-Covid international inflation, which is the dream that Japanese authority chases for decades.
Price index and relative cheaper interest for leveraged capital is the 2 biggest Will it continues to grow
As for China, I will write a new article soon
Rising Star in Insurance: Kingstone Companies, Inc.Kingstone Companies, Inc. (NASDAQ: KINS), an insurance company offering policies to small and mid-sized businesses and individuals, has experienced a notable increase in its stock price over the past year. The company's stock has soared by 27% in the last three months and climbed 55% in the last year. Despite this surge, it's important to consider various aspects of the company's performance and market position before making investment decisions.
Kingstone Companies operates in a competitive insurance industry and faces competition from several companies. However, it has managed to maintain a competitive position in the market. The company's profitability rank is moderate, with ROE, ROA, and ROIC figures suggesting profitability lower than the industry average. Nonetheless, the company has remained profitable for 7 out of the past 10 years.
The company's growth rank also indicates a moderate growth rate, with a mixed record in terms of revenue and earnings per share growth over the past few years. This suggests that while the company has potential, its growth has been inconsistent.
Kingstone Companies recently transitioned from making a loss to reporting a profit, which is a positive sign. However, the modest dividend yield might not be a significant factor in supporting the stock price. When evaluating the company's potential for investment, it is crucial to look beyond just the recent surge in stock price and consider the overall financial health and future prospects of the company.
In conclusion, while Kingstone Companies Inc. has shown promising stock price performance recently, investors should carefully assess the company's financials, market position, and growth prospects before adding it to their portfolio. The recent increase in stock price could be an indicator of potential, but a thorough analysis of the company's overall performance and market dynamics is essential for making informed investment decisions.