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Weeklymarketsanalysis

Euraud Buy idea from 14-02-2022. trade already activeHere We share with you a trade idea on euraud. There is no much information fundamentally. Technically, after a massive impulsive fall on Euraud, we saw a bullish weekly candle at a key demand zone, looking further to the daily charts we saw a bullish pin bar (Hammer) giving us reasons that the Euro may be looking interesting for a buy. Because, we over here had already taken a buy position on this trade, we added in the analysis our entry, stop loss and expected target profit. Let's go take some risk, let's go make some money.
Long
by MillionaireLogistics
GBPUSD weekly forex analysis and education for 14-03-2022The idea shared is an analysis of GbpUsd for a mid term swing. Fundamentally, The Usd is still showing strength owing to the recently released NFP reports. Next week will shall be keeping an eye on interest rates desions. Sentimentally, As the UK enforces hard economic sanctions as a result of Russia's involvement in Ukraine, sanctions placed on one of the biggest economic contributors in Europe (Russia), Investors are likely to be skeptical backing the British pounds. For this pair, the Usd is favoured. Technically, the pair just broke a structural level on the Weekly charts with the recent demand zone broken (refer to our previous analysis on GbpUsd), a supply zone also created on the 4hr chat time frame. It is expected for price to fill in the supply zone and then continue downwards. On the Daily charts as seen too, a support structural level has been broken, price may have to retest that level and face resistance there for a drop in price. Our sentimental bias hence is to watch and plan for a sell trade on GbpUsd . Let's go take some risk, let's go make some money, Millionaire Logistics.
Short
by MillionaireLogistics
GOLD moving to new highs? 🦐GOLD on the daily chart is testing a weekly resistance level at the 1910. The price has broken the descending weekly trendline showing us a market strength and the uncertain economic situation can create a new bull run on XAUUSD with a test of the previous historical high. How can we approach this scenario? The bull pressure on the weekly resistance with high volumes can increase during this week and a break above that area will be a sign of strength. We will monitor the price after the break and consider a long order if our Academy rules will be satisfied. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSDLong
by InkyGrip
7
Gold Weekly Forecast: Gold is heading to uncertainty. The strengthening of the US dollar and the narrowing of the yield differential between US T-bonds have fueled the rise of XAU/USD. Furthermore, in response to Jerome Powell's comments on Friday regarding high inflation, the gold price rose to its highest level since early September at $1 815.50 before falling again shortly after. Before this weekend's holiday festivities and tomorrow's FOMC Chairmen Powell addressed Friday at a Bank for International Settlements seminar. "Inflation will linger longer than predicted," he said, adding, "the tools available." However, with 2022 so close, there seemed to be less fear about an eventual fall down to earth. What happened last week? The market's defeatist attitude was exacerbated by China's weak growth figures, which boosted the dollar. POSITIVE EARNINGS STATISTICS LIFTED large US banks' equities on Monday, helping the major Wall Street indexes gain traction. This allowed risk flows into financial markets to restrict XAU/USD losses once more, as USD weakness drove them up (and rising Treasury bond yields). This trend persisted on Tuesday, with no significant macroeconomic reports supporting commodities like gold mining shares. The S&P 500 Index closed at an all-time high this week, as gold rose to new weekly highs. On Thursday morning, initial unemployment claims fell below 290K for the first time since March 2020, adding to the evidence that things are looking up in the West. With the recent interest rate hikes by the Fed in December, they have increased the opportunity to return capital through traditional lending markets while still keeping rates low enough that people won't notice much impact if any. What About The Next week? Investors stay on the sidelines ahead of major events, so the market is unlikely to react substantially. What will include these figures in a US economic docket on Tuesday, but they could impact the future because of how soon they come out. While you may have had a lot going on in your brain, including fear or excitement, the tone of your output should stay nice. We will get our first estimate of third-quarter GDP growth from the Bureau of Economic Analysis. Given that the lackluster September Nonfarm Payrolls data did not change the Fed's tapering plans. We could see another leg upward in T-bond yields in the coming weeks. A breach above 1.75 percent for the benchmark 10-year Treasury yield would open the door to new prospects for dollar strength. If you've been struggling financially because your income isn't quite enough longer, these figures may be able to help you get back on track. On the one hand, if the Federal Reserve delays its planned reduction in asset purchases to cool down the markets, it might generate significant investor issues. Anything might happen in the market next week, given how unpredictable it currently is. Several pieces of news will be released that could have an impact on the direction stocks take. Facebook's earnings report will be released on Wednesday (in which they forecast $5 billion in revenue). Amazon's quarterly results after trading hours on Thursday evening EST/Wednesday afternoon PST. They are expecting to generate more than $55 billion this time around. Still, it depends on whether there was any disruption from last month when one of its distribution centers experienced an overflow during Prime Day, which caused some shipments to be delayed. XAU/USD Technical Analysis Technically market is on an uptrend in a short time frame. But along bearish candle may send the gold lower, as I have seen many times before. Last Friday, Powell didn't send any strong message; instead, he was a bit dovish. Still, gold dropped from the rising trend line. As two weeks back, average earnings rose, and next week some big tech company will release their earnings report. So it is supposed to have good earnings reports. So, fundamentally there is a chance that gold may drop again. from the present rate, $1780/1775 will play as a strong support zone. Breaking below $1775 gold may test the $1760/1763 price zone. Breaking below $1760, testing the $1745/1750 price zone won't be hard. Absolutely $1745/1750 will act as solid support. And we have seen some upward correction nearly $1780 price zone again from $1745/1750. Finally, if we see gold price breaks below $1745, we will set our last target at the $1720/1725 price zone. On the other hand, $1808 is the immediate resistance from the present rate, and the swing area is identified at the $1715 price level. So, we may go for but if the gold price breaks above the $1715 price zone. $1730/1735 has been acting as an acritical resistance for a long time. So, if we buy above the $1715 price zone, we must close it to nearly the $1730 price zone. If gold price can break above #1735 price, we must think for a long term buy at least almost $1900 price zone.
TVC:GOLD
by Gold_Trading_Expert
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here's our weekend analysis for the week's trades by our Indicators now available Open Source by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Traditional” settings with the Ichimoku Kinko Hyo. Tendency: As described in the previous weeks, the downtrend weakened a lot and the Kijun Trend Indicator also indicated the reversal. Right now the price is in a critical area as it is on the Tenkan Weekly and it was rejected by the Kumo. Most of the short-term lines confirm the uptrend desire and the Senkou Span A and Senkou Span B are getting closer and closer. Supports and Resistances in the area and not only: - 75000.00 by Fibonacci - 67000.00 by Historical Maximum - 66001.41 by All-time-high Chikou - 51800.00-52600.00 from Ichimoku Flat areas/Chikou Cusps - 40500.00-40700.00 from Ichimoku Flat areas/Chikou Cusps - 33500.00 from Ichimoku Flat areas/Chikou Cusps For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the Current timeframe. Moreover, let us remember that the various lines of the Ichimoku serve as price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Heikin-Ashi: The Heikin-Ashi confirmed the Kumo rejection that stopped the green series and not presenting some strong red candles. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a long-term positive sentiment and places the 0 upwards on 75000. Price is at 0.618. Usually a retracement is considered from the 0.382 to 0.618. Conclusions: BTC continues to be in a downtrend but there is a possible reversal. It is important to evaluate the closing of the week on the following price structures: - Bullish 45000 - Bearish 40500-41500 For the Bitcoin Dominance and Altcoin Cycle we can consider the Weekly variation: - Total Crypto Market Cap: Decreased - Dominance of BTC: Increased - Price of BTC: Increased - Alt Cycle Expectation: Decrease Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
6
Head & right shoulder (Weekly) Dump incoming! 49k-53kIn the big picture. We can notice the pattern's right shoulder that has not been created properly yet 49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started. When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me. If you would like to see my new gem and other altcoins gems, don't skippy, bounce your sticky money on the like button. Thank you very much!
Long
by Flowrowboat
EURGBP : Part 1 weekly price action This is a EURGBP chart. In this, the major trend is up. in history, the price has given 4 times of respect to the major trend. on 29 December price is making a new high, sellers are entering on this signal breaking the major trendline and by making an excess price from 78.6 % of the level is going high. here supply gets converted to demands and the intermediate trend is having a breakout. at the moment, the price is consolidating at 38.2 % of the level. but it's unable to break this level. price is going up and making a level. I have named it a Hammering door. price is trying to break this but it is not happening, but now it could be possible because the price is continuously knocking on the hammering door. In this continuous manner, it is trying to knock on the door with volume, resulting in a broken door. price is making a new high but by getting selling pressure, it is going downwards to the consolidation area. Finding a relationship between major and intermediate trends of the consolidated area, this consolidated price has broken the intermediate trend which would act as resistance. relation with the major trend line, the consolidated price is pushing up with volume. Now, the current price of the support and resistance level of 23.6 %. It was a support level earlier but now acting as a resistance level. We can spot the price rejection by noticing the wick.
by supreme_bull
3
BHEL - LONG TRADEIt can be good choice for swing trade for a couple of weeks if it breaks the downward trend-line followed from 13 Oct 2021. For this stock 60.7 acts as a crucial level from May 2004. The Stock is at a trend line support Trade Details: Trade Active : When trend Line breaks Entry: below 63 Stop Loss: Below Trend line Targets: 66, 69.7, 74, 77 Holding Period: at least 2-3 weeks Use trailing Stop Loss: Keep Stop Loss below the target , once the stock is going for next target. Happy Investing :)
NSE:BHELLong
by Rajat_the_HERO
Gold weekly analysis: The USD in under pressureThe dollar has posted its worst weekly performance in five months as it closes out the week. China's gross domestic product (GDP) is higher than expected is at the top of all of the other happenings this week. We will be keeping an eye on various data points throughout the week. It was the largest weekly loss in the general index of the US dollar since August of last year when it closed the trading session on Friday, the 14th of January, at levels of 95.14, after testing its lowest level in two months at 94.60 midweek, as the US dollar ignored all the news that supports the speed with which the US Federal Reserve is tightening policy. Because of his monetary policy, which includes raising US interest rates more quickly during the current year and raising expectations that what will raise interest rates four times during the current year rather than three times as previously expected, interest rates are expected to be submitted four times during the current year. At the beginning of the week, statements by US Federal Reserve Chairman Jerome Powell reinforced these expectations, as Powell stated in his testimony before Congress that the US Federal Reserve must raise interest rates quickly to counteract the effects of accelerating inflation. According to the most recent figures, the consumer price index in the United States of America increased at an annual rate of 7 percent in December, compared to 6.8 percent in the previous reading, in line with expectations for the fastest rate of inflation growth in 40 years. In November, the consumer price index increased at an annual rate of 6.8 percent, compared to 6.8 percent in the previous reading. The dollar did not benefit in any way from all of this, and despite the positive news that dominated most of last week's sessions for the US dollar, the dollar continued to decline sharply. However, I believe this can be explained by the beginning of the year and the construction of new centers, especially given the high expectations of pricing an opportunity greater than 90 percent. Moreover, according to the FedWatch CME Group tool, what will raise the interest rate in March, and it will be presented a total of four times during the current calendar year, starting in March. One of the most recent data released last week was the December retail sales data from the United States, which came in below expectations and disappointed as sales fell by 1.9 percent in December, raising concerns about the economy and rising inflationary pressures on consumers spending. Aas fundamentally the USD is under pressure, so the gold still has chances to go upside in the coming days. Check out the H4 chart to better understand. What is it that the markets are looking forward to this week? Several important economic reports are expected to be released during the sessions of the current week, and the markets are anticipating them. We began the day with data from China's growth and retail sales, which were released during the Asian session, as well as minutes from the Central Bank of Japan's meeting, inflation data from Canada and the United Kingdom, labor market data from Australia and the United Kingdom, and manufacturing data from the United States of America. Data released by the Chinese National Bureau of Statistics in the Asian session today, Monday, showed that the country's gross domestic product (GDP) increased by 4 percent in the fourth and last quarter of 2021, exceeding expectations of growth of approximately 3.7 percent. On the other hand, retail sales fell short of expectations, with annual sales growth slowing to 1.7 percent, down from 3.9 percent in November and expectations of 3.8 percent in December. On the other hand, industrial production increased by approximately 4.3 percent in December, compared to a growth of 3.8 percent in November, exceeding expectations of a gain of 3.7 percent, while the rate of investment in fixed assets increased by approximately 4.9 percent. The Bank of Japan is featured prominently on the front page. The Bank of Japan is expected to announce its monetary policy tomorrow, Tuesday, during the Asian session, with expectations indicating that the Bank of Japan will maintain its monetary policy and interest rates at -0.10 percent. The sharp rise in the value of the Japanese yen over the past week may explain why the Bank of Japan has hinted that it may impose strict measures shortly, particularly in light of the rise in inflation in Japan, which is in line with the global trend. On the other hand, Japanese bond yields saw significant increases last week, with the 10-year bond yield reaching its highest level in more than a year on concerns that the Bank of Japan will tighten monetary policy shortly. We will keep an eye on various data points throughout the week. Today, Monday will be a trading holiday in the United States observant of Martin Luther King Day. At the same time, manufacturing sales and the Bank of Canada survey of business outlook will be released from Canada in the late afternoon and evening. During the Asian trading session on Tuesday, the Bank of Japan will announce its monetary policy, while during the European trading session, we will be looking at data from the British labor market, the ZEW index from Germany, and the Eurozone, and during the American trading session, we will be looking at the Empire Estate manufacturing index from the United States of America. Thursday's economic calendar includes inflation data from the United Kingdom in the European period and Canada in the American session and statements from Bank of England governor Mark Carney at the end of the American session. On Wednesday, inflation data will be released in European and American sessions. What will monitor Thursday's labor market data from Australia (unemployment rate and change in employment) in the Asian session? At the same time, the European region will release the final inflation reading in the European period - in the American session, the Philadelphia manufacturing index, weekly unemployment benefits, and home sales will be removed, among other things. The final session of the week is on Friday. The Bank of Japan meeting minutes will be released during the Asian session, and we will be keeping an eye on retail sales in the United Kingdom and Canada during the European and American sessions, respectively.
TVC:GOLDLong
by Gold_Trading_Expert
2