Daniel_Thompson

Daniel_Thompson

Global risk appetite deteriorated this past week. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 sank 4.44%, 4.55% and 4.71%, respectively. Things were not looking much better across the Atlantic Ocean. The DAX 40 and FTSE 100 fell 0.97% and 2.5%, respectively. In Asia, Australia’s ASX 200 and Hong Kong’s Hang Seng Index dropped 1.91% and 6.07%,...

Daniel_Thompson

#WaveAnalysis #DJI • Dow Jones index reversed from key support level 32620.00 • Likely to rise to resistance level 33585.00 Dow Jones index recently reversed up from the key support level 32620.00 (which has been reversing the price from the start of November) strengthened by the lower daily Bollinger Band and by the 38.2.% Fibonacci correction of the sharp...

Daniel_Thompson

#WaveAnalysis #USDJPY under the bullish pressure • Likely to rise resistance level 138.00 USDJPY under the bullish pressure after the earlier breakout of the resistance level 134.60 (which has been reversing the price from December) coinciding with the 50% Fibonacci correction of the previous downward impulse from November. The breakout of the resistance level...

Daniel_Thompson

Always look at the bigger picture and how they want to manipulate markets for example the US30 and NAS100 i still feel NATO and the Biden Administration want to bring the price of oil down to buyer it cheaper while releasing they oil reserves. bigger picture. This combination of key technical levels suggests we are in for a critical trend battle that could shape...

Daniel_Thompson

#WaveAnalysis #GBPNZD reversed from resistance level 1.9436 • Likely to fall to level 1.9275 GBPNZD currency pair recently reversed down from the resistance level 1.9436 (which has been reversing the price from the start of November) standing above the upper daily Bollinger Band. The downward reversal from the resistance level 1.9436 stopped the previous...

Daniel_Thompson

#WaveAnalysis #GBPCAD broke key resistance level 1.6300 • Likely to rise to resistance level 1.6500 GBPCAD currency pair recently broke the key resistance level 1.6300, which is the top border of the narrow price range inside which the pair has been moving from the start of February. The breakout of the resistance level 1.6300 coincided with the breakout of...

Daniel_Thompson

#WaveAnalysis #Nasdaq100 broke pivotal support level 12235.00 • Likely to fall to support level 12000.00 Nasdaq-100 recently broke the pivotal support level 12235.00 (former strong resistance from December) intersecting with the 38.2% Fibonacci correction of the previous sharp upward impulse from January. The breakout of the support level 12235.00 was preceded...

Daniel_Thompson

A hypothetical bearish scenario looks viable if prices fall below $72 in the coming weeks. A consolidation would open the way to $62, where oil bottomed out several times since April 2021. Conversely, a move above $83 would signal that a correction from the global lows of April 2020 to the highs of June 2022 has occurred and that a new mega-wave of growth awaits...

Daniel_Thompson

AUD/USD - psychological price line breached AUD/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 9 days and suggests a possible target level to be around 0.6821 within the next 2 days.

Daniel_Thompson

#WaveAnalysis #GBPCAD reversed from key support level 1.6110 • Likely to rise to resistance level 1.63000 GBPCAD previously reversed once again from the key support level 1.6110 (previous monthly low from January) standing near the lower daily Bollinger Band. The support level 1.6110 was further strengthened by the 50% Fibonacci correction of the previous...

Daniel_Thompson

EURUSD under bearish pressure • Likely to fall to support level 1.0775 and below as indicated in chart on 4hr chart. EURUSD under the bearish pressure after the price reversed down from round resistance level 1.1000 , touching the upper daily Bollinger Band. The downward reversal from the resistance level 1.1000 created the daily Japanese candlesticks reversal...

Daniel_Thompson

The Australian dollar (AUD) hit an over four-month high against the US dollar (USD) in January 2023 as greenback weakness extended into the new year on expectations of slower interest rate hikes by the US Federal Reserve (Fed). things are changing quickly beware, they want you to fail. we will not fail we will rise above the pack. we see through the Bullsh+t....

Daniel_Thompson

AUD/JPY - psychological price line breached AUD/JPY has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 90.1461 within the next 2 days.

Daniel_Thompson

I give the people and follower the truth, i tell it like it is even if it scares you. The market is currently in free fall at moment and mite status for next couple weeks. The yield curve inversion is at its highest point since 1980 The yield curve inversion means that investors do not believe in the future of the economy. However, that's not the worst of it....

Daniel_Thompson

I am still short, and have increased LOT sizes. "at my own risk" In early morning deals, Japanese Nikkei is down around 0.50 per cent, Hang Seng is up 0.36 per cent while South Korean KOSPI is up 0.66 per cent. when the Jap market sinks the dow will follow.

Daniel_Thompson

A U.S. Air Force general urged his subordinates to prepare for war with China in 2025. In the memo, Mike Minihan also noted that since the U.S. will hold elections in 2024, China could attack Taiwan on the sly, - NBC TV channel. The Pentagon was quick to assure that this was the general's personal opinion.

Daniel_Thompson

Germany's Q4 2022 GDP fell 0.2% - worse than forecast. Analysts had expected zero growth. GDP fell despite lower energy prices in Q4 2022.

Daniel_Thompson

#Palladium reversed from major support level 1675.00 • Likely to rise to resistance level 1840.00 Palladium today reversed up from the major support level 1675.00 (which has been revering the price from the end of 2019, as can be seen below). The support zone near the support level 1675.00 was strengthened by the lower weekly Bollinger Band. Given the strength...