Hello Fellow Stock Traders, Here's a Technical Analysis of TSLA! TSLA has demonstrated noteworthy price development, reaching a significant resistance level and resulting in a price gap. Subsequently, a bearish divergence has emerged, implying the possibility of a trend reversal or downward movement. Moreover, TSLA is presently forming a double-top pattern,...
Hello Fellow Forex Traders, Here is a technical analysis of EURAUD for your consideration. The recent price action of EURAUD indicates a potential continuation of the bullish trend as it has consistently rebounded from the EMA200 line. Moreover, we can observe the formation of a descending broadening wedge pattern, followed by a trendline breakout. This...
Hello Fellow Stock Traders, Here's a Technical Analysis of GOOGL! Alphabet Inc. (GOOGL) has exhibited a notable price development by surpassing its Exponential Moving Average 50 (EMA50) and subsequently rebounding off the dynamic support level. This particular price action suggests a bullish trend in the stock. Moreover, there has been an identifiable...
The SPY Trust, officially known as the SPDR S&P 500 Trust ETF, is an exchange-traded fund designed to replicate the performance of the esteemed S&P 500 Index. Comprising 500 prominent U.S. large-cap stocks across diverse sectors, the S&P 500 Index serves as a widely recognized benchmark within the financial industry. By analyzing the chart's price movement, we...
Hello Fellow Stock Traders, Here's a Technical Analysis of SIDO! Industri Jamu & Farmasi Sido Muncul (SIDO) has demonstrated significant price development by breaking out of its bearish channel. This price action indicates the beginning of a bullish trend in the stock, accompanied by a bullish candlestick pattern and increased trading volume. Moreover, the...
Hello Fellow Crypto Traders, Here's a Technical Analysis of Ethereum! ETHUSDT has moved the bullish trendline and EMA200, indicating a positive trend. Subsequently, the price has formed a falling wedge pattern, followed by a breakout of the upper trendline. This breakout suggests the possibility of an upward movement. This possibility is further supported by...
Hello Fellow Forex Traders, Here is a technical analysis of AUDJPY! The recent price action of AUDJPY indicates a potential continuation of the bullish trend as it has consistently rebounded from the EMA90 line. Moreover, we can observe the formation of a falling wedge pattern, followed by a trendline breakout. This breakout suggests the likelihood of an...
Here's a Technical outlook on NASDAQ! Fundamental Drives -Easing Inflation Data ( CPI data is 6.5% lower than the prior month's data of 7.1%) -Possible Slower Rate Hike in the future or Stop hiking interest rates in the upcoming months by the Fed Price Action Analysis NASDAQ has already breakout of the upper trendline with an impulsive candlestick. After the...
Hi Fellow Traders, Here's a Technical outlook on Bitcoin! Technical Analysis BINANCE:BTCUSDT has broken out of the double-top pattern. Subsequently, the price retested the neckline of the double-top pattern while simultaneously forming a rising wedge pattern. A potential breakout scenario of the pattern suggests an impending downward movement. The MACD...
Hello Fellow Stock Investor/Trader, Here's an Outlook for Dow Jones Industrial Average or US30! Price Action Analysis There has been a breakout of the recent double bottom and falling wedge pattern, which is followed by a bullish hammer. This pattern typically confirms a potential reversal or bullish scenario. Furthermore, the candlesticks have moved above...
Hello Fellow Crypto Investor/Trader, Here's an Outlook for Solana or SOLUSDT! Price Action Analysis 1. SOLUSDT has retested on the dynamic support (EMA200) and classic resistance area 2. Then, forming a Rising Wedge, the pattern indicates a bearish continuation pattern 3. Breakout of the pattern confirmed the possibility of the downside movement 4. The MACD...
Hi Fellow Forex Trader, Here's a Technical outlook on Aussie Yen! Price Action Analysis AUDJPY has broken out of the Symmetrical Triangle Pattern. The MACD Indicator also made a golden cross and hidden divergence, indicating a possible upside momentum to the target area. All other explanations are presented on the chart. The roadmap will be invalid after...
Price Action Analysis BNBUSDT has broken out of the double-top pattern. The price is moving below the EMA200 line, confirming a bearish trend. Additionally, an Ascending Broadening Wedge has materialized within this ongoing downtrend. The breakout of the lower trendline further suggests the potential for a downward movement toward the designated target area. ...
Hello Fellow Global Stock Trader, Here's a Technical outlook for AMD Stock! Price Action Analysis After Rebounding on the Fibonacci Golden Ratio Area, AMD has broken out of the bearish channeling pattern. The breakout could confirm a possible bullish trend ahead. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area. ...
Hello Fellow Stock Investor/Trader, Here's an Outlook for NASDAQ or NQ1! Price Action Analysis 1. NASDAQ has rebound on the dynamic support (EMA200) and Multiple Rejection Area 2. Forming a Descending Broadening Wedge, the pattern indicates a bullish continuation pattern 3. Breakout of the pattern confirmed the possibility of the upside movement 4. The...
Here's a Free Technical Analysis on the USDCAD! Price Action Analysis On the Daily Timerame, U.S. Dollar / Canadian Dollar has moved above the EMA200, indicating a bullish trend. Simultaneously, The chart forms a symmetrical triangle pattern, usually a sign of trend continuation. The MACD Indicator/Histogram turns positive, signaling a possible bullish bias...
Hello Fellow Global Forex Investor/Trader, Here's an Outlook for CADJPY! Price Action Analysis 1. FX:CADJPY has retested on the multiple rejection area and Bullish Trendline 2. Then, forming a Falling Wedge, the pattern indicates a bullish continuation pattern 3. Breakout of the pattern confirmed the possibility of the upside movement 4. The MACD Indicator...
Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook on BBRI! Support the channel by giving us a thumbs up and sharing your opinions in the comment below! Technical Analysis BBRI is a breakout of the Pennant Pattern after retracing on the Fibonacci golden ratio area. The MACD Indicator made a golden cross below the zero level area, which...