Hi guys, we would be looking into the CHF/JPY , in a similiar fashion with all the major currencies we saw a steep drop versus the Japanese Jen. The CHF/JPY has formulated a fantastic Ascending Channel which we will test with our analysis to reach our final targets, there is quite some potential in this pair, we would be looking into further upside once our...
Hi guys we would be looking into copper today , again focusing on the fundamentals which give us the remark that President Donald Trump will impose international tarriffss on the imports of precious metals! President Donald Trump's threat to impose tariffs on U.S. copper and aluminium imports will result in higher costs for local consumers because of a shortfall...
Hi guys, we are going to take a look into Wheat. Currently as shown on the added picture we can see that Mexico and Canada are quite big importers of Wheat in the U.S. with the tariffs coming from the U.S. and respectfully from Canada and Mexico we should see a decent surge in the prices of wheat, we are keeping it simple towards the Supply and Demand rule about...
Currently we are observing a re-entry into a ascending channel based on the RSI indicator and additionally we are entering a very big time of the year which we see all of the retailers bring in a lot of revenue, for reference we can check out my last post in my channel in regards Amazon.As an additional benefit from a fundamental point of view BABA is looking to...
Moving on to our next great Stock set up - LLY Eli Lilly and Company (LLY) has demonstrated robust financial performance, driven by its innovative pharmaceutical offerings, particularly in the weight-loss segment. In the third quarter of 2024, the company reported a 20% year-over-year increase in revenue, totaling $11.44 billion. This growth was primarily...
Hi guys , next we would look into the Hang Seng. With the Stimulus package made in the Chinese economy we saw a very big boost into the price of the Hang Seng, of which afterwards we saw a decent correction to the current level, I believe from this point forward we would formulate an an ascending channel and push towards the higher level, maybe not the strong...
Hi guys, next we would be looking into NFLX , which has had a tremendeous year already! It is up 480.28$ YTD as of today 26th December , which accumulates to 103.99% upside of their stock value. Currently they have shown fantastic financial data throughought Q1,Q2,Q3 not only that they showed a good growth towards their subscribers, and last but not least they...
Hi guys, we are taking a look into the Biggest US Bank. Recently their catch on and join forces into participating with AI gives a positive up-beat for their business additionally, JPMorgan Chase continues to solidify its position as a global leader in financial services, showcasing exceptional financial health and a promising outlook. With a well-diversified...
Hi guys ,off to our next opportuntiy WFC , currently one of the bigger banks in the US which have some good upside potential! Fundamentals : Financial Performance In the third quarter of 2024, Wells Fargo reported a net income of $5.1 billion. This performance reflects the company's resilience and adaptability in a dynamic economic environment. Wells Fargo...
Hi guys, we are next looking into Morgan Stanley. Currently they had a fantastic 2024 , with great growth and great beat over their earnings calls. Fundamental overview : Morgan Stanley has adopted a bullish stance on U.S. equities, forecasting the S&P 500 to potentially reach 7,400 by 2025. This optimism is based on anticipated solid earnings growth and...
Hi guys , we would be taking a look into CARVANA Short position. Fundamentals : 1. High Debt Levels Carvana's capital-intensive business model, combined with aggressive expansion, has led to a substantial accumulation of debt. The company has issued high-interest debt to finance operations, acquisitions, and inventory growth. This debt burden poses a risk,...
Hi guys , today we are going to overview one of the retail giants COSTCO. Fundamentals : Revenue Growth and Profitability : Consistent Revenue Growth: Costco has demonstrated steady revenue growth, driven by an expanding membership base, increased same-store sales, and international expansion. Profit Margins: While Costco operates with low gross margins due to...
Hi guys, we would be looking into the USD/JPY after we had a rejection on the bottom support area we would be looking at a fantastic Ascneding Channel - So far the uptrend has started and its giving us a positive indication for this trade reaching our targets. Entry: 153.025 Target 1: 153.800 Target 2: 154.700 Target 3: 155.500 SL: 151 which is the bottom...
Hi guys we would be looking into ARM Holdings - some fundamentals below Arm Holdings plc (ARM) has demonstrated impressive financial performance, driven by its strategic positioning in the rapidly expanding artificial intelligence (AI) sector. The company's energy-efficient chip designs have become integral to AI applications, leading to significant revenue...
Hi guys , we would be looking in a shorter term trade on the GBP/JPY looking to chase at least 100 pips in a down turn , we have a positive expectation that the Bank of Japan would hike the interest rate on Friday from 0.25 to 0.50. I do agree that 25 basis points isnt a lot , but in a status that it took BOJ two years of sitting on negative interest rate to...
Hi guys, we are looking next into the AUD/USD - Fundamentals : 1. Strong Australian Economic Outlook The Australian economy benefits from its abundant natural resources, including iron ore and coal, which are critical exports to key trading partners like China. With China's economic recovery gaining momentum, increased demand for Australian commodities is...
Hi guys , we are looking into GBP/NZD - it has had a very good uptrend the past few weeks, and it reached a very weak resistance area, which is giving us the indication that a correction is due. Currently on 1H and 4H we reached high over-bought area with close to 0 support to remain at this price. Entry: 2.19630 Target 1: 2.19100 Target 2: 2.18400 SL :...
Hi guys we would be looking into EUR/JPY today. From a tecnical perspective we have a big gap that we need to cover, and to get back into the structured balance of the pair, an Ascending Channel is formulating giving us an indication that the price should increase. Entry: 158.600 Target 1: 159.600 Target 2: 160.600 Target 3: 161.600 As always my friends happy...