Technically a potential Golden cross, and fundamentally Arrival seems promising, which went public via a merger with a unique purpose acquisition company (SPAC), has an order for up to 10,000 vans from UPS. Arrival also plans to collaborate with Uber to produce electric taxis in the UK and the Microfactories plan. Last but not least, I love the product and its...
DXY Potentially a falling wedge Invalidation: - This analysis fails if the price breakout and close above the upper channel line and August - September 2020 Demand zone Catalyst: - Price action - GDP - US Unemployment - PCE - PMI - DXY falling wedge
Pretty excellent risk-reward ratio. XAU/USD rejected the down trendline twice on August 7, 2020, and January 6, 2021. If the price rejects the trendline, my chart says that potentially it will reach the final target on August 18, 2021. The biggest question is whether the market is ready to fall deeper or buyers keep buying blindly because of inflation? Research...
Based on my price action, currently, it's a nice retest of the broken TL, a pretty excellent risk-reward ratio. I predicted it would reach the final target by the end of July or the beginning of August. I would wait for the confirmation candle, enter the trade, set SL / TP, and forget about it since the analysis is base on the daily time frame. We had a similar...
The major trend has changed since January 2021, and currently, my chart says that 87-89 potentially the bottom. Technically I reckon there's a possibility that DXY will climb to 94 zones; that zone was the broken neckline. Historical Inflation Rates: 1914-2021 www.usinflationcalculator.com US CPI www.bls.gov "Treasury secretary Yellen does not anticipate...
Currently, I see a potential Bearish "Megaphone" pattern or potential Bearish Broadening wedge. Short-term bearish assumptions for the gold price are the potential targets 1, 2, and 3; that's the strongest support. Technical analysis Plan A: If the price can break out and close below the potential target 3, I reckon XAU/USD will keep falling to retest the...
If the candle can stay below the broken trendline, I reckon Euro will reach the final target at the end of March or mid-April. Catalyst: - Fed Chair Powell Testifies - US GDP
As long as it stays below the strong resistance, I reckon EUR will falling to the targets in the next few days. This analysis fails if the price breakout above the resistance. Catalyst: - Price action - US CPI - Fed Chair Powell Speaks - EU Economic Forecasts - Unemployment Claims
Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in...
Chinese regulators summon Tesla on quality issues as consumers complain about the quality. Regulators say electric-car makers must abide by Chinese laws and regulations as consumers complain about quality problems. Catalyst/Source: - www.wsj.com
Currently, I'm still looking for the best price to enter a long-term investment. The technical analysis gives a hint that it possible for CCL to recover. We can see a potential Golden cross on the daily time-frame and a Broadening Wedge Patterns or "Megaphones" on the weekly. Sooner or later, the business and tourism will be back to normal. Carnival will be on...
I reckon AMC will keep climbing to the potential target in 6 to 15 months. Catalyst: - Golden Cross
I rarely trade silver, but here's what I see. I against the hype! Catalyst: - Price action Here's below my entry
Please click the link in the yellow circle to see the previous analysis. I need to see 1 more weekly confirmation candle. If it can break out and close below 20k, I reckon it will fall deeper to 9k - 11k. Catalyst: - Price action Here's attached below my best 2020 Crypto's analysis:
I reckon XAU has the potential to fall to the targets in the next 20 to 50 days. Potential nice swing. Catalyst: - H4 Bear flag - Potential Death cross - Potential Head and Shoulders pattern on the daily - www.reuters.com
It was a pretty great trade. I saw the reversal too early, but finally, it reached the target. link attached below: Currently, I reckon it will go up to the potential target 1, 2, and 3 in the next few days. Catalyst: - EUR Data - US Data - Price action - January 20
Short-term plan: - I reckon it will be ranging for a day or a few days inside the bearish pennant. If the price rejects the bottom pennant line, it's a nice risk-reward ratio to enter a long position targeting the mid resistance and maybe the upper bearish pennant line. Long-term plan: - If the price goes up from the bottom pennant and rejects the mid or the...
Yesterday I shared this chart below with my clients. We enter long at 1841 zone. Currently, I reckon XAU has the potential to go up to retest the broken daily trendline, or at least to retest 38.20% Fib retracement at the 1870s zone. Catalyst: - Price action - US Sales data PS: I'm too busy with my clients, and I won't share any updates. Please do your own...