Get started

Weeklymarketsanalysis

XAUUSD 1W big picture view3 horizontal levels marked on chart - 1555 weekly support/resistance relevant for the last 10 years as seen on chart - 1790-1800 weekly support/resistance relevant for the last 10 years as seen on chart - 1920 highest level of all time, target price for now if we close a weekly candle above 1790-1800 resistance. Also, triangle pattern between June 13-June 19 - breakout UP June 19. The breakout above the triangle is what started the huge $500 rally so far. At the moment we are very close to testing the 1790-1800 support/resistance - weekly close above 1790-1800 will target a swift movement towards 1920. A drop below 1790-1800 will target 1680 support in the short-mid term and may even test as low as 1555 weekly support/resistance. Would be an identical move to what we've seen 2011. On the fundamental point of view, Gold is a safe haven. Right now there is a lot of uncertainty - which will push Gold. There is also the option of Gold price dropping together with the equity markets (stocks) - as there will be a ton of margin calls and therefor people will be selling Gold to cover for margin calls. But it's a very temporary situation where Gold will for sure recover back up following (as seen march 2020). Long story short, Gold is very close to a critical level, meaning - big movement up coming or big movement down, depending on behavior around 1800. NFP on Thursday will likely be the necessary trigger for the movement. On a personal note - good chance for breaking 1800.
OANDA:XAUUSDLong
by Exactus
1
ROKU - Falling Wedge Breakout + Bull FlagWeekly Timeframe: Strong Hidden Bullish Divergence "Batman" Pattern Major volume spike at $100 bottom, aligning with previous support areas Daily Timeframe: Broke out of a Falling Wedge Bounced at an RSI-based supply zone Formed Bull Flag just under supply zone and volume shelf 65m Timeframe: Bull Flag under supply zone Rejected Trendline formed from March 15th bottom Volume and flow suggesting short term bullish sentiment I expect a bounce for the severely beaten-down stock. Whether it will be a full revival to all-time highs, I cannot say, though I am quite doubtful. Playing the short term bounce. I am leaning bullish, but will stay neutral and watch price action. With a breakout from the bull flag: PT1: $136 PT2: $140 PT3: $142 PT4 (Stretch): $148 Failing the trendline would invalidate this setup and could be cause for puts.
NASDAQ:ROKULong
by cloud9futures
Strategy, Support, and Resistance - 4/3/2022The Cryptocurrency rally continues but should you jump in? I have fielded a lot of messages this week that are pure FOMO. I think traders and investors need to be patient going into this week as most cryptocurrencies have now hit a key resistance from this rally. The stock market is also bullish but where to? Has Oil topped out? Will Silver and Gold breakouts continue or have they failed? Are we about to see a run in EV stocks and Pot stocks?
BITFINEX:ETHUSD
by norok
3
GbpUsd Weekly forex market analysis with forex trading strategyGbpUsd Weekly forex market analysis with forex trading strategy from 4th April,2022. Fundamentally, the NFP released reports have shown that the number of jobs added to the US economy was lower than expected, even though the unemployment rate was lower than forecasted, hourly wages did not increase. Prior to the NFP, the US GDP reports for the 4th quarter shows a lower than expected figure with initial jobless claims reports higher than expected. From the UK, GDP reports for the 4th quarter shows a higher than expected figure . expected figure. Fundamentals to keep an eye on the coming week include the US trade balance, euro retail sales... Technically, price recently made an up thrust off a weekly retested demand zone after which a bearish week followed and currently price is reacting to a demand zone from the monthly time frame. zone. GbpUsd is close to the daily demand, I will be watching the area for confirmation to buy the Gbpusd .A full video and more detailed analysis with education was shared on my YT channel. 🦾 Let us go take some risks, let us go make some money.
Long
by MillionaireLogistics
Eur Usd Weekly forex market analysis with forex trading strategyEur Usd Weekly forex market analysis with forex trading strategy from 4th April,2022. Fundamentally, the NFP released reports have shown that the number of jobs added to the US economy was lower than expected, even though the unemployment rate was lower than forecasted, hourly wages did not increase. Prior to the NFP, the US GDP reports for the 4th quarter shows a lower than expected figure with initial jobless claims reports higher than expected. From the Euro zone, consumer price index preliminary report showed a higher than expected figure. Fundamentals to keep an eye on the coming week include the US trade balance, euro retail sales... Technically, price has enjoyed a long bearish move and currently has returned to an unmitigated monthly, and weekly demand zone. An unmitigated demand zone was created on the daily time frame as well. I am expecting price to reach for the un mitigated daily demand zone from where i will be looking out for price action confirmation setups for a long trade. Let us go take some risks, let us go make some money.
Long
by MillionaireLogistics
Dogecoin will blow up to $2 USDDogecoin forming a bullish rising wedge and this could be an awesome opportunity if you want to buy Dogecoin my swing trading. But I will do it. Because in the next months we could see a growth of the price in Dogecoin to take in note this cryptocurrency My target to hit this cryptocurrency will be $2 USD and my SL to $0.075 cents and also, I entry around $0.14 cents and I buy much trade posiiton of this token to hold toward $2 USD. And also to share the Daily timeframe, as we formed a bearish channel, the price made this broke up. But I'm very enfocous in weekly timeframe becuase this sound me a good opportunity to buy Dogecoin below of $0.15 cents like an opportunity.
BITTREX:DOGEUSDLong
by harisonhbn9718
3
Strategy, Support, and Resistance - 3/27/2022Catching up to the market moves over the last week. Bitcoin, Ethereum, and all Cryptocurrency is trending bullish with an official bullish breakout since November. I look at the target Resistances for this current trend. Traders and Investors are slowly beginning to accept that the stock market is recovering from the recent correction as the S&P 500 has hit and broken the Resistance. Stocks like NVDA and TSLA are recovering well. I think that Oil may have topped out.
INDEX:BTCUSD
by norok
ADA/USD: Weekly timeframe analsyisThis it's very interesting what I see. Cardano it's find up a strong support around $0.98 cents in weekly timeframe. Also guys, I update this background to blue white just for cryptocurrencies and stock market like my template for this market. So guys, Cardano it's in this bearish channel that maybe could to break up. So, tomorrow we have a clue to know the weekly timeframe on how this weekly candlestick will closed up. So guys, I love to trade cryptocurrencies and stock market by H4, H8, Daily and weekly timeframes. I'm more Day Trader and Swing Trader for this market. I hope that this idea support you so much!!!
BINANCE:ADAUSDLong
by harisonhbn9718
Strategy, Support, and Resistance for Week of 3/20/2022Consistency is key and even on vacation I want to know my levels for the week ahead. The stock market indexes; S&P 500 and Nasdaq, had a huge rally that has brought them and key individual stocks like TSLA up to Resistance Levels. This week's price action will be KEY! Crypto is flirting with breaking out of its recent consolidation but I am being patient. Fear and Volatility about Interest Rates and Ukraine seem to be abated if we look at the VIX volatility index which is really telling the story of this rally.
BITFINEX:BTCUSD
by norok
3
UsdCad Analysis from 21-02-2022The idea shared is an analysis of USDCAD for a mid term swing. Fundamentally, The CAD has shown strength owing to the recently released retail sales reports as opposed to the retail sales report from the US earlier on. Sentimentally, due to the recent shortage in supply for oil, the demand for oil has increased and given that Canada remains the 3rd largest exporters of oil, we expect to see a rise in the value of CAD. Technically, the pair has been ranging in a supply zone as shown in the schematics and explained in our analysis video with the recent break and close below the moving average on the weekly and daily chart. it is expected for price to fill in the supply zone and then continue downwards. , price may have to retest the previous support level and face resistance there for a drop in price. Our sentimental bias hence is to watch and plan for a sell trade on UsdCad. Lets go take some risk, lets go make some money, Millionaire Logistics. 
Short
by MillionaireLogistics
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