Considering the relatively muted weekend activity and the ongoing weakening of the USD, it's reasonable to anticipate a slight bearish correction for XAUUSD in the coming week. The absence of a significant weekend push and the prevailing market conditions suggest the potential for downward movement. However, it is essential to closely monitor any shifts in global...
Last week's low was not breached! However, it bounced back impressively! The previous week's high is quite far, almost halfway for potential trading! Let's use a tight stop because we are anticipating a bounce from the weekly low! It attempted several times to break below but couldn't sustain, and it bounced back nicely! Let's see if it will go higher!
The "USOIL" has been in a downtrend since May - 2022 and it stands to reason that we will start to see a bottoming soon if necessary. In today's post, I will analyze in more detail at which key areas we can expect a bottoming. - For this, we will look at the "USOIL" from the weekly view and integrate elements of the daily, weekly and monthly charts. In the...
Nzdchf from approaching Daily Resistance level. expecting a sell down to continue the bearish Trend
US30 closed last week at +0.20%. US30 had a strong sell out before pulling back up. US30 should continue in a bullish trend at the opening of the market.
As shown in our markup, we've tapped into a supply on the daily time frame. After tapping into this supply, we've broken the structure to the downside on a four-hour basis. This leads me to believe that coming this week we may see further downside for the Australian to U.S. dollar. We have the CPI news this week, as well as a couple of other news events, These...
In this Video I do a quick analysis of the current condition of markets based on the SP500 proxy index the SPY. I also go through a few weekly data points as I am hoping to publish this every Monday to summarize the week head, and behind. This video is a bit long as I go through all my tools and routines, plus we have a very hectic week this week with FOMC,...
The "USDCAD" is in an uptrend since May – 2021, and it stands to reason that we can expect a top soon if necessary. -> The USD is the base currency of the pair and should, shortly, enter a correction. -> At which key areas we can expect a Local Top, I will analyze in more detail in today's post. -> For this, we will look at the "USDCAD" from the weekly view and...
S&P possible scnario: S&P will bounce somewhere around here downside. making hidden bearish divergence and stops around 3 900 support area that there will be potential reversal zone. I am monitoring other markets on weekend and seems correction is needed. When it will bounce from 3900 will make inverted head and shoulders.
Price almost traded in between 37200....38000 for 4 days as we expected last week. if price immediately breaks 3800 level on monday price can move above 388000 level in next 5 days trading sessions. But friday we saw price rejection from upper levels , so i am expecting a small correction of price till 0.38 of fib level. If we analyse according to Elliot...
NIFTY has broken channel and is trading in major supply & demand area . Trend can be unpredictable until price breaks resistance area of 17400 . Earlier price took 2 weeks to break the zone , retracement is also possible from this zone. So be cautious and trade with less quantity .
Hello guys, last week was unprofitable. About trade assessment: NZDCAD; Sl, -2%, market just hit sl, and after going on to the my assumption. AUDCAD; SL, -2%, bad idea, the market has turned, i thinking the market going to the trend, because daily trend is really strong. NZDCHF; SL, -2%, trade which i did not share. Entry trade to opposite daily trend....
if NIFTY breaks immediate resistance at 16900 level then it will trade in previous buyers and sellers area which lasted 2 week previous time, and it will also be trading near regression channel resistance area for third time, from 16900 to 17500 price will be voilatile it is better we trade nifty half the quantity lots what we used to trade reguarly .
expecting a continues rise for pair, at this point we expect to only buy that will be more profiting
Long-term price analysis using Log regression bands, 50-Month SMA, 300 Week SMA, and 10 year Fibonacci levels
this analysis based wave analysis and trendline and trend analysis and supp/dem
Previous EURUSD forecast talked about price making a retrace to $1.06736 and the price retraced, but only to $1.06410. Thing is that the price is now in the indecision area where we need to wait for a breakout. Next week we need to wait for the price to break out from this range. $1.05825 is the first target for the bulls that must be broken and retested to...
Hi everyone From the first touch of $ 30,000 to the second touch of the last 26 weeks, and from the second touch until the price reaches $ 32,000, the last 27 weeks and the third touch of the $ 30,000 reaches the 22nd of August, and until then we have to wait for our trend. Record another peak. good luck.