GBPJPY is neutral on its 1D technical outlook (RSI = 49.276, MACD = -0.320, ADX = 25.216) as it is consolidating around its 1D MA50. The Channel Up since the August 5th 2024 Low as well as its RSI structure, draws comparisons with the 2023 Channel Up, which after one last pullback, it rebounded to the 2.0 Fibonacci extension and beyond. We're turning bullish (TP =...
The British Pound fell to $1.244 from a three-week high after Trump’s tariff threats on semiconductors, pharmaceuticals, and steel fueled dollar strength. Markets focused on central bank policies, with the Fed expected to hold rates and the ECB likely to cut by 25bps. In the UK, the BoE is still expected to cut rates in February despite strong PMI data.
The first...
The yen trades around 155.6 per dollar, slipping after Tuesday’s loss as investors await the Fed’s policy decision. The central bank is expected to hold rates steady despite Trump’s calls for immediate cuts.
Trump’s escalating tariff threats added pressure, while safe-haven demand linked to a low-cost Chinese AI model faded. BOJ minutes showed a cautious stance...
The Price Playing At The Bullish Flag And Also Yesterday We Had a Nice Bounce From 3050$ Support Area, My Expectation Is a Breakout From The Bullish Flag Toward a 3850$ And 4840$ As a Next Targets
Symmetrical Triangle as an Corrective Pattern in Long Time Frame
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Double Bottom in Short Time Frame
Here on Us30 price form a supply zone around level of 44227.17 and is likely to continu fall so trader should go for short with expect profit target of 43250.38 and 42288.73 .
Nasdaq has recovered yesterday's crash and turned neutral again on its 1D technical outlook (RSI = 51.692, MACD = 88.960, ADX = 31.397). The current rebound is taking place on the 1D MA50 and is a double bottom on the P1 level, which was previously a Resistance coming from the July 11th 2024 High. The same P1 level was seen supporting a year ago the January 5th...
Here on S&P 500 price form a supply around level of 5778.15 and now likely to fall so trader should go for short with expect profit target of 4822.34 and 3873.12 .
The chart is looking very very good, people are still buying in everytime is drops..
The chart is looking very very good, people are still buying in everytime is drops..
