DaveBrascoFX

DaveBrascoFX Updated 

Day 1 Powell Testimony There are no economic indicators from Australia or New Zealand to move the dial this morning. The lack of economic indicators will leave investors to reflect on Tuesday’s RBA meeting minutes and Fed Chair Powell’s testimony later today. Disappointing moves to shore up the Chinese economy will also test buyer appetite until Beijing...

DaveBrascoFX Updated 

The 50-Day EMA is offering a little bit of resistance, and the area above there finds the market between that indicator and the 200-Day EMA, typically an area that causes a lot of volatility. Recently, we had been stuck between 0.68 and 0.66 in a relatively well-defined area of consolidation. However, in the last couple of weeks, we have seen volatility pick up...

DaveBrascoFX Updated 

STRATEGY LONG TREND As mentioned With regards to gold (XAU/USD), the pullback has broken below the ascending trendline that was keeping the precious metal supported over the past month. Unlike with silver, gold has seen more fluctuations in its rally, meaning that there was not a greater need to see a sustained pullback to consider the continuation of the...

DaveBrascoFX Updated 

I have marked the Bullish Bearish scenarios of the next 2 weeks(Possible Potential Long) Green Bullish Golden Cross High Bullish Volume Technically: HH HL Donchian Long June S&P 500 futures ESM2023 are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a...

DaveBrascoFX Updated 

Hi traers. We will make a possible correction soon, as mentioned on the chart.Please scrol bac the chart above and watch and read it closely. The Bulls are getting ready for a profit taking after CPI data on tuesday latestly after friday this week. This happens of 2 reasons: The bears on the top are waiting at the low voluem areas The bulls will protect some...

DaveBrascoFX Updated 

Clear Long trend, correction catched above 50% retracement Trend bullish short term PT 490 A break above 491 will push SPDR to 630 and higher If SPY demonstrates a downward movement below the levels of 434.00 and 430.50, it would indicate a further downside potential. In such a scenario, the initial wave of targets to consider are 425.00, 420.25, and 416.00....

DaveBrascoFX Updated 

Iran’s currency hits record low amid tensions with the West Depreciation of the rial comes amid boiling tensions with the West and continuing protests in Iran. On Sunday, the United States dollar went past the 450,000-rial mark for the first time on the open market. On Sunday, the central bank said it will soon raise the maximum amount of currency that can be...

DaveBrascoFX Updated 

Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price...

DaveBrascoFX Updated 

Swiss National Bank’s Took on Credit Suisse Crisis The SNB carried out its monetary policy assessment just 4 times per year, half the number of policy meetings that the Fed has scheduled for 2023. For the upcoming SNB meeting, markets had expected another hike of 50-basis points (bps), following the central bank’s hikes last year totalling 175bps. Yet, the...

DaveBrascoFX Updated 

Dax has been trading higher since October 2022 but five waves up from that low suggested that bulls are done for now and that correction is in play. In fact, we have seen a nice reversal down recently, through the trendline support on the 4h chart so the corrective phase is here, but with three waves down from the top, we may start observing some of the support...

DaveBrascoFX Updated 

Technically short fundamentally short Speed of product launch is of paramount importance in crypto and yet it has a downside – smart contract bugs. The code is not always properly audited and tested before deployment. There is so much innovation taking place that some bugs are novel and might be missed. The pace is something that is critical for the industry...

DaveBrascoFX Updated 

Trend Down Bearish Strong Resistance at 0,0000124 Shib has tried to test the strong Resistance 3 Times and Failed Failed Resistance Tests 16.Feb2022 30Oct.2023 07.Feb2023 The Bears and Strong Sellers took Full Control latestly ON THE 7th Feb.2023 ---------------------------------------> See B If we look on the bigger Picture we discover some more...

DaveBrascoFX Updated 

And it remains bearish, targeting $1.23. Short-Term Price Action Sub $1.24 Despite efforts to shape support from the $1.24 region, recent hours witnessed price elbow beneath the psychological level. This followed a near-pip-perfect H1 AB=CD harmonic bearish formation taking form at $1.2467 (denoted by a 100% projection ratio), a base that was bolstered by a H1...

DaveBrascoFX Updated 

Daily Bearish Weekly Bearish Bearish Sentiment 93% POC analysis:earish Volume Bearish RSI Bearish Stochastic Bearish MACD Bearish Resistance Supports See on the Chart According to current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -14.33% and reach $ 208.93 by July 11, 2023. According to our technical indicators, the...

DaveBrascoFX Updated 

Trend Bearish Lower Highs Lower Lows POC falling RSI below 50 Stochastic Bearish MACD Bearish A break below Pivot(See Chart) would reach quickly next Target at 13,80 Citizens Financial Group, Inc. Announces Preliminary Stress Capital Buffer This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of...

DaveBrascoFX Updated 

The British pound has fallen initially during the trading session on Tuesday, only to test the support level that we have been dealing with for several days now. Ultimately, this market continues to see a lot of back-and-forth, and that makes quite a bit of sense considering that people don’t know what to do with the economy. However, the interest rate...

DaveBrascoFX

According to current Orion Protocol price prediction, the value of Orion Protocol is predicted to drop by -9.52% and reach $ 0.616992 by July 7, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 63 (Greed). Orion Protocol recorded 17/30 (57%) green days with 10.92% price volatility over the last...

DaveBrascoFX

Alchemy Pay price prediction sentiment is bearish , with 1 technical analysis indicator signaling bullish signals, and 26 signaling bearish signals. If you wanna trade my strategy then follow the trading rules: Once you get short stay until the trend changes of I will publish the opposite signal.The aim of this strategy is only and only trend following and trend...