Gold (US$ / OZ) | Wednesday 31/5/2023 | Ethan Smythe Fundemetal Gold prices rose higher at market open on Tuesday in response to a fall in US Treasury Yields following Washington's push to raise the US debt ceiling. This development sparked optimism with respect to recent fears of a US debt default on Tuesday. Congress now has up until June the 5th to...
Expecting extension to TP-1 on the aussie. AUD began to strengthen in the last few weeks as a result of increased purchases out of china. expecting strength to continue. CPI out wednesday can't see this print rocking markets on the aussie.
Pushing a long signal on the GPB/USD expecting price to take out the designated profit target off the back of a hawkish CPI print out of the US this morning when compared to forecasted increases in domestic CPI out of the UK due to sustained energy constraints, this potential interest rate differential will likely result in significant liquidity shifts into the...
Hi all currently watching Cronos.ASX for a bullish break of 0.70. The price tested this level earlier in the week and then rejected support at 0.620 it is now going for another test of 0.70, if we can see a clean break of this level we should expect some strong upside volume entering the market to continue its already incredibly strong bullish momentum.
Appears to be a dovish (*cough* *cough*) week ahead for the USD off the back of major macro prints coming in weak on Thursday (19/01/2022 GTM+11). Expecting upside on the JPY off the back of the indicated dovish (*cough* *cough*) prints. further expecting long run buy side momentum on the JPY in response to recent BOJ stimulus and inflation band talks . This is...
Taking a long position on WTI crude as potential hard hitting demand begins to enter the market in 2023. This is just an assumption based on my fundamental and technical outlook for 2023. PM me for more details.
Aluminium appears ripe for a bullish move to the profit target. As of last night price broke a major resistance level with with very little sell side pressure at major res. indicating market may have a hawkish view moving forward.
Expecting BTC to continue its push down range against the AUD off the back of interest rate hike news expected out of australia in the coming minutes. Expecting price to reach indicated TP-1 level and may even continue to push down further.
Expecting a strong upside rally on the AUD/JPY off the back of strong rate hike news expected out of Australia in the coming half hour, we could see strong volume enter the market pushing price towards indicated profit target at TP - 1, will continue to monitor this as it plays out.
Expecting upside moves on the AUD in the coming half-hour off the back of strong rate hikes expected out of Australia. Monitoring current position for a break of resistance, signaling a strong rally to indicate TP-1 level. I will update this post as this continues to play out.
Expecting the GBP to sell off in the coming hour off the back of strong rate hike news expected from the Australia Federal Reserve. Price will most likly reach in or around indicated TP - 1. I will continue to update the post as this plays out.
Expecting a break of the labeled resistance level in the coming hour off the back of US unemployment news. This may create some strong upside volume on the USD/JPY towards my labeled profit target. this is not financial advice just my assumption on how I think the market will react within the coming hour, so please trade at your own risk.
Currently watching a potential upside move on the AUD off the back of GDP news set to release within the hour, my assumption is price will break the upper intraday bound level and break +25 pts or more, this is not financial advice just my assumption on today's market movements. wishing you all the best!
Expecting some upside volume today on the AUD off the back of upcoming GDP figures released in the coming half hour, this is not financial advice.
CAR.ASX up to 1+SD (Take profit line) of the current mean (golden line). Could see price reject or accept profit target unclear how the price will react to this level hence my take profit. May re-enter long if the break of TP+12pts or vice versa.
AUD/USD finding support at key support level could see a break of this area towards the indicated profit target.
Analyzing a possible entry toward 0.71737. Price currently battling strong downside pressure. Waiting for 12pt break of current price before entering short. If the price continues to prevail I will set my profit target just shy of 0.71737 and enter long from 0.71737 back to +1 STDV
Hi all. Today I am sharing a quick analysis on ASX:LLC . This analysis is mainly technical but also considers some macro/micro fundamental which I won’t go into depth in this example. I’m assuming that price may surpass the mean and could find resistance at around +1 STD from the two years daily mean than potentially fall back short to find support before...