Its been said the markets are set to have a big week as the Federal Reserve, the Bank of England and the Bank of Japan all set to hold policy meetings and Non farm payrolls on Friday. There will also be big tech earnings. Us30: From what I can see Us30 has reacted from a demand zone very well which is below break on the BSL (BOS on a high time frame) and I'll...
Ahead of a busy week for US markets as inflation data that could help confirm interest rate cuts in September. US30 30 has reached new highs as off last week and has close out of the previous month range, but it has seemed to lose a bit of steam Thursday and Friday (midweek). I'd expect the week to begin bearish atleast just to take Fridays lows and a possible...
Us30: Us30 seemed to have a good rally and took highs from its previous week and has seemed to stall there. As the week has close bullish I will be looking to this new week to continue bullish or atleast take the highs off the week prior to it. Ger40: Germany has a weaker rally but broke higher timeframe structures after its previous weeks lows were taken. I...
With S&P and Nas100 performing entering new highs, I'd expect Us30 and Ger40 to follow suit. Heres what I am analysising. Us30: Wednesdays candle was bearish but Thursdays morning has already caught the low and reacted bullish. I will like to see if the NY session can continue the trend or will it do opposite to London session. On the daily was also have a sign...
After poor results from the CPI, PPI and Initial jobless claims report, markets have not been able to show any bullish signs last week US30 - As we can see, price came back to retest the zone above 39028.55 (which was the previous weeks high) and broke 4h structures to the downside first at 38441.93. My ultimate target will be the 37212.17 area. The weeks candle...
As we can see on Us30 we are still inside the previous months candle and are looking to break out. Last week the candle was also inside the previous week candle which could indicate the markets are ready for a big move. I would like to see price push higher taking last weeks high, but price are reacted bullish on the 39028.55 level so I will be looking out for...
On both charts we can see that at the end of May, volume began to decrease and prices seems to be moving sideways and holding. Non farm payroll on Friday will be closey watched and may have the charts find direction as they will use the results to gauge the direction of interest rates. The results are expected to be good but investor worry that a strong economy...
Us30 has dropped below previous month lows and has been bearish since the beginning of the month. This is a great indication markets are very bearish at this moment. First I will liek to see if price could drop, how it would react passing 37849.24. If price begins to fall I will like to see it reach the areas between 37055 & 35975
Managed to catch two buys yesterday to the previous day high. Markets have seemed to tank and have confirmed the HTF change of structure.
As I have marked out in one of my previous ideas called "Us midweek idea". Price has held at this level 39147.29 - 39013.54. Fed Chair Powel announced that the recent readings on both job gains and inflation have come in higher than expected so the Fed has retained a cautious stance towards future rate cuts, suggesting that the U.S. central bank will continue to...
As we can see DXY on the weekly has been in a range since the beginning of 2023. From my observation lows have been taken from Jan-May 2023 in July 2023 and has had a powerful bullish move and even broken structure. If we can pass the 104.96 level clearly then we my see DXY reach 107.34 before the end of the year (big guess). Depending of what the result of the...
Last Tuesdays highs have been captured and price seems to be falling with German CPI news ahead.
Ger40 has been very bullish since November. It has even had a great bullish run in March and the previous week although it has a mixed close on Friday. On the lower timerframes I would like to see it take the high at 18541.6 . German CPI data will be released Tuesday.
After a bullish March. US30 has began the month opening higher. Already breaking out the previous month and week range. As the previous highs have already been taken, I will like to see where price ends up at the release of Non Farm payrolls on Friday
Price has seemed to stall is bearish momentum. It has also taken lows from Monday (during tuesdays session) and broken out from yesterdays highs. This could indicate some bullish momentum entering the market
Ger40 is still having a great bullish run, being that last week it opened and closed out of the previous month high for the first time. Not much high impact news coming from the German markets
Last week Us30 was very bullish with 4 consecutive bullish days and one bearish day on Friday. Price has seemed to open bearish but may seem to be reversing after taking Fridays low out (39421.68). If this is the case. I'd hope to see more highs being taken. On Friday the Fed are due to make apprences post Core PCE price index release during the NY session. They...
Germany's economic downturn eased slightly in March as business activity in the country’s service sector came close to stabilising. The DAX has been trending bullish since November 2023, could we continue to see the rise in the Germany economy ?