claude2503

claude2503 Updated 

AUDUSD as less resistance to the down side. Potential 4HR bounce of strong downward trendline. There is also a potential divergence on the RSI. Price action making Higher highs, conversely RSI lower highs.

claude2503 Updated 

This is just a continuation on the Daily swing I have already posted

claude2503 Updated 

From a technical point of view we have found support, as well as, dynamic support on the 100EMA. We also have a channel that has been respected to the upside. Fundamentally hospitals are catching up on selective surgeries post pandemic. Break of pre-pandemic stock value could see a sustained rally to the upside. This all depends on sentiment, as well as, how well...

claude2503 Updated 

Dax is approaching resistance as well as previous Fake-out on the daily timeframe. I strongly doubt a break of this area keeping fundamentals in mind, indices are under severe pressure as well. This is a potential 1:5.44 RR

claude2503

5 Months of the ATH before the market crash, Nasdaq managed to find support around 24% down. When this support was broken, Nasdaq crashed by another 30%. 2008/09 housing market crises caused a world wide recession. Are we seeing similar situation in 2022? The technical analysis would suggest it is very possible. Not to mention the war in Ukraine, rising energy...

claude2503

The technical are all explained on the chart. There is potential fundamentals to bolster the technical analysis. Adcorp holdings JSE listed www2.staffingindustry.com Adcorp Holdings Ltd. (ADR:JNB), a staffing provider based in Bryanston, South Africa, on Monday reported it expects to report revenue for the fiscal year ended 28 February to be in line with...

claude2503

Market open, its Friday. Not going into much detail on this one. my 2 scenarios both have a bullish outcome in the end

claude2503

From a technical point of view only... This is my opinion

claude2503

Nas100 has seen a move to the upside with the "buy the dip" response to the ascending monthly trendline. Currently over extended and due for a correction my opinion . Will we see a new Higher low being created or will it brake the 1H ascending trendline and move towards 13350 and possibly see the bullish momentum invalidated. I am not often a buyer of puts on...

claude2503

We have seen gold breakout of the weekly descending trendline. however we would at least need to see a close above on the weekly candle. It has not properly re-tested this trendline. There seams to be lots of indecision and neither the Bulls or the Bears are taking control as yet. It all comes down to this. The Pendant chart pattern forming could give us an...

claude2503

The break of the neckline of this inverse Head and shoulders pattern will put XRP back on track

claude2503

Gold has re-tested the weekly trend breakout and looks like it will continue to the the next phycological level of 1900. There is certainly lots of fundamentals at play with this scenario. Investors steering away from a the "digital gold" BTC for now and possibly investing in the yellow metal. With the weakening USD and AUD to strengthen this bullish bias for Gold.

claude2503

Gold is at a crucial point on the weekly timeframe. If we see a breakout we could expect a move to the ATH or yearly ATH at least. It will be imperative to keep an eye on the DXY as we know the correlation between the two. The DXY is currently in a deconning channel. Also keep an eye on all the AUD pairs as it gets affected buy the yellow metals price....

claude2503

Nasdaq has respected the Monthly trendline today, however, I remain bearish on the long-term. the 4H bearish channel has not been broken. I also doubt that it will break the 13350. The sustained close under this value will see it remain bearish. The market is running hot and the FED is not stepping in. Retail investors did react to the "buy the dip" , however I...