WEEKLY FOREX FORECAST: DXY, INDICES, GOLD, SILVER, US OILThis is Part 1 of the Weekly Forex Forecast.
In this video, we will cover:
USD Index, S&P500 NASDAQ DOW JONES GOLD SILVER WTI CRUDE OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weeklyanalysis
Comprehensive GBPUSD Analysis Ahead of UK General ElectionThis is a comprehensive analysis of the GBPUSD ahead of the UK General Election scheduled for Thursday, 4th July 2024. The chart has been marked to highlight key levels (Decision-Making Points) on the weekly, daily, and H4 timeframes. Below is a summary based on the price analysis:
Weekly: Strong Bearish
The wave structure on the weekly chart indicates a bearish expectation.
Daily: Bearish Wave Structure
The daily chart shows a second bearish wave structure with a lower low.
H4: Bearish Wave Structure with Pullback
The H4 chart has completed a bearish wave structure and shows a valid pullback.
H1: Bearish Momentum
This morning, a momentum low was made, and the current pullback aligns with the second bearish wave structure.
WEEKLY FOREX FORECAST: DXY, EUR, GBP, CAD, AUD, NZD, CHFThis is Part 2 of the Weekly Forex Forecast.
In this video, we will cover:
USD Index, EUR, GBP, CAD, AUD, NZD, CHF, JPY
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST: INDICES, GOLD, SILVER, US OILThis is Part 2 of the Weekly Forex Forecast.
In this video, we will cover:
S&P500 NASDAQ DOW JONES GOLD SILVER WTI CRUDE OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST: DXY, EUR, GBP, CAD, AUD, NZD, CHFWelcome to another Weekly Forex Forecast.
In this video, we will cover:
USD Index
EUR
GBP
AUD
CAD
NZD
CHF
Like and subscribe if you like the video. Thank you!
May profits be upon you.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
IEX: Riding the Wave of a Major BreakoutSymbol: IEX
Technical Analysis:
India Energy Exchange (IEX) is demonstrating a significant technical breakout. The stock has recently surpassed a major resistance level, indicating a strong bullish trend. Additionally, IEX's relative strength index (RSI) is notably higher compared to its peers, suggesting that it is outperforming other stocks in the same sector. This strong momentum makes IEX a promising candidate for potential gains in the near term.
Fundamental Analysis:
From a fundamental perspective, IEX exhibits robust financial health. The company has a strong cash flow position, meaning it has ample cash reserves to cover its operating expenses and any higher interest payments if necessary. Furthermore, IEX has turned profitable and has consistently maintained higher profit margins over the past 12 months. This sustained profitability underscores the company's solid operational performance and growth potential.
Conclusion:
The combination of a technical breakout and strong fundamentals makes IEX an attractive investment opportunity. With its solid financial position and strong market performance, IEX is well-positioned for continued growth. Investors looking for a promising stock in the energy sector should consider adding IEX to their portfolios.
Weekly Market Wrap With Gary Thomson: 20 - 24 MayWeekly Market Wrap With Gary Thomson: Nasdaq 100, NVIDIA, EUR/USD, Gold price
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
Tech Stocks Back in Vogue as Nasdaq 100 Rallies to Record High
After Earnings Report, NVDA Stock Price Exceeds $1,000
EUR/USD Price Forms Bullish Reversal Amid Key News
Gold Price Reaches Historic High
Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen. Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.
🌐 FXOpen official website: www.fxopen.com
CFDs are complex instruments and come with a high risk of losing your money.
Learn Your EDGE - Trust Your EDGEYou can learn a methodology trust the methodology and be consistent.
This weekly planning session is based on the H4 Indices, the idea is to do another major basket analysis after Tuesday trading. This analysis examined the AUD/USD, GBP/USD, USDJPY & USDCAD.
H4 Indices Portfolio Selection
BULLISH: AUD, JPY, GBP, CAD, NZD
BEARISH: USD, EUR,
-------------------------
BUY PAIRS: AUDUSD, GBPUSD, NZDUSD
SELL PAIRS: EURAUD, USDCAD, USDJPY
R2F Weekly Analysis - 19th May 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
If you are lazy to watch the video, which is your loss as you will miss how I analyse the market, the TLDR is that my bullish Dollar bias is on hold until I can see May's candle closes. However, I am slightly leaning for a possibly bearish Dollar to the Yearly Bisi below, but as we know things can change in an instant as this year is also election year in the USA. All my analysis of other pairs revolve around my opinion of the DXY.
Hit me up if you have any analysis request or just want to learn how to do all of this independently by yourself.
- R2F
CHF (Swiss Franc Futures, CHFUSD)... BULLISH!The Monthly +FVG was filled, then the CISD was formed.
Price traded through the BB, forming the +FVG on the way.
I am expecting the BB+FVG to hold, and price to move higher from here next week.
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EUR (6E1!, EURUSD) Taking a BEARISH TurnLooking for an Internal to External move this week.
From the Weekly -FVG to the low at 1.06285.
The early part of the week may see price head up to sweep LQ before turning over and dropping.
* Should the 4H show a bearish break of structure with a strong close, it may provide an early signal that the retracement has ended and sells should be sought.
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USD INDEX (DXY) ... BULLISH OUTLOOKBias is Bullish.
Price has rebalanced the +FVG,
and now looks ready to target
the buyside LQ, providing the
FVG holds firm.
Expecting an Internal->External
move.
We are just shy of the 2nd
standard deviation.
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ES (S&P500)... Expecting a short term BULLISH Move!Bearish, but expecting
a short term bullish move.
Price has reached the
4th standard deviation,
swept the LRLR, then
mitigated the +OB. The
expectation now is an
External -> Internal LQ
move.
Wait/watch for signs of
reversal from the current
poi.
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GBP (6B1!, GBPUSD) ... BEARISH!Bearish.
Price has raided an old swing
low, and then mitigated a +OB.
Expecting a bullish reaction in
the near term, up to the local
lows. The market will resume
the bearish trend afterwards.
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CL1! (CRUDE OIL) ... BULLISHBullish.
After forming a new peak high,
price retraced to the +FVG.
Friday's "news wick" tapped the
-FVG above and quick returned
the +FVG. Should the +FVG hold,
expecting price to move toward
the highs, as price moves from
Internal -> External liquidity.
The LRLR to the lower left is a
draw on LQ that bears watching.
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GC1! (GOLD)... Tentatively BULLISH!Bias is tentatively Bullish.
Continues to make HLs, but
no HHs, in a tight range. Price
is close to filling in the big
wick the prev. week.
Looking to see if the PWH
is raided early in the week.
If so, I expect price to go
from External ->Internal, down
the the W FVG/+OB area from
there.
But price may need to rebalance
the +FVG before moving higher.
Waiting and watching for
definitive price action.
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EURO (6E1!, EURUSD) ... BEARISH!Bearish.
Price has moved up into
the -FVG after a BOS.
Expecting a move down
from here, as Internal
moves to External LQ.
SSL is the target, at the
lows to the left.
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Decoding BTC's Weekly Chart: Insights from SMC PerspectiveBTC has reached a critical point on its weekly chart, entering what we call the SUPPLY zone. This suggests that it might either pull back a bit or surge to new highs before dropping back down. We could see it go down to around 58k to 53k, but it's unlikely to dip below 50k. Why? Because there are new big investors who bought in at these levels and won't sell unless they're really scared or forced to sell. So, the idea of BTC dropping to 24k, as some have predicted, seems pretty unlikely for now.
These zones act like strongholds, likely to cause BTC to bounce back up, possibly pushing it higher within the channel.
But, if things turn sour and BTC breaks below these zones, the big players, known as whales, might start selling, setting off a chain reaction downward, where other big investors are waiting to buy at lower prices.
Understanding the CHANNEL 📈
Think of the channel as the boundaries that guide BTC's price movement. Staying above these lines is crucial to avoiding a downward spiral.
Conversely, we can expect BTC's price to soon hit the upper boundary of the channel, according to the weekly outlook.
#BTC #ATH: Decoding the All-Time High
If we take a closer look at the weekly chart, we'll notice something interesting: BTC's All-Time High (ATH) hasn't been surpassed yet. The bodies of the weekly candles suggest that a pullback might be on the horizon. The white line you see represents a critical level at the ATH, which BTC will likely test multiple times in the future.
Breaking above this line would signal a new upward trend towards the channel's upper boundary.
🌟📈 Weekly Chart Technical Analysis for QQQ! 📊💼Let's dive into the exciting world of QQQ and explore its weekly chart. Get ready for valuable insights and potential trading opportunities. 🚀📈
🔄 Cycle Analysis:
With a cycle period of 20 weeks, QQQ has just embarked on a new cycle. This fresh cycle opens up intriguing possibilities and potential shifts in market dynamics. Let's unravel the future of QQQ! 🔄📆
📈 Key Level Breakout and Retest:
In December 2023, QQQ successfully broke out of the key resistance level at 190.8, and we've witnessed a subsequent retest of this important level. This validates its significance and sets the stage for potential movements. Based on this, we anticipate QQQ to remain above the support level of 395.34 for the next 20 weeks. 💪📈🔐
💡📉 Retracement and Consolidation:
Our analysis reveals the presence of MACD divergence on the weekly chart, along with a prolonged extension. Consequently, we expect a normal retracement back to the support level of 395.34, followed by a consolidation above this level for the majority of the next 20 weeks. This retracement and subsequent consolidation present interesting opportunities for traders to navigate. 💡🔄📉
🔄📊 Potential Impact on Strong Stocks:
During the retracement phase of QQQ, it's worth noting that certain robust stocks with higher Beta values than QQQ may experience a noticeable drop, potentially retracing back to their respective support levels. This phenomenon can provide unique trading opportunities for those closely monitoring these stocks. Keep a watchful eye! 👀📈📉
Embrace the insights, seize the potential within QQQ's weekly chart, and consider the captivating opportunities it presents. Remember, trading carries risks, so always exercise caution and diligence. Let's make the most of these chances and aim for profitable investments! 💪💼💹
#QQQ #WeeklyChartAnalysis #SupportLevelRetracement #ConsolidationPhase #StrongStockOpportunities 📈🔍💱
XAU/USD 19-23 Feb 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bullish
-. Sub-Internal -. Bearish
-> Has reached EQ.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
I have now mapped sub-internal structure in red to gain a micro-view of the Daily Timeframe.
Sub-Internal structure has printed a bearish iBOS where we are now seeing a bullish pullback.
Bullish pullback has reacted at a Daily POI.
Daily Chart:
H4 Analysis:
Analysis/expectation remains the same as yesterday (16/02/2024)
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently doing.
Await bearish price action to confirm bullish pullback is complete for price to target weak internal low.
H4 Chart:
16th Feb - Daily and weekly anticipated levelsPlease take a look to previous (15th Feb.) daily and weekly levels.
Please pay attention this is BYBIT:BTCUSD.P on 1 hour timeframe.
I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions.
These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels.
Daily levels: These levels are valid for 1-2 days from the day of this post.
Weekly levels: These levels are valid for this week and maximum next week
Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.