thobanizuma

thobanizuma Updated 

The expectation that the NASDAQ 100 (NAS100) will remain bearish until it reaches the 19,453 zone, after which it may begin a bullish cycle, can be analyzed through several key factors: Technical Analysis - Support Level : The 19,453 zone may be identified as a significant support level based on historical price action, where the index has previously found...

thobanizuma Updated 

The USDCAD currency pair, which represents the exchange rate between the US dollar and the Canadian dollar, is currently exhibiting a bearish trend. Over the past few weeks, the pair has consistently made lower lows and lower highs, indicating a prevailing downward momentum. This bearish sentiment has been influenced by a combination of factors, including shifts...

thobanizuma Updated 

I've conducted a thorough analysis of the GER30 (DAX index) and its technical indicators. Here's a summary of my observations and potential implications for traders: Broken Bullish Trendline: The fact that the GER30 has broken below a bullish trendline on the M30 timeframe suggests a significant shift in market sentiment. This break could indicate a bearish...

thobanizuma Updated 

It looks like we're analyzing a bullish scenario for XAU/USD (gold) based on key technical levels. Here are some points to consider: Support Area: XAU/USD is at the support of a bullish trendline, this suggests that there is a potential for the price to bounce back and continue moving upward. Buying at this level can be a favorable strategy, assuming the...

thobanizuma

My analysis of the NZD/CHF pair presents a clear view of the current market conditions, focusing on key technical levels and potential price movements. Let’s break down these points and add clarity to this forecast: **Trendline Support Breakdown**: The 4H timeframe has shown that NZD/CHF has broken below a bullish trendline support, which typically indicates...

thobanizuma

My analysis of the NAS100 (Nasdaq 100) emphasizes critical levels that could influence its price movement. Here’s a breakdown of my prediction and the rationale behind it: Key Levels and Their Significance **19453 Zone**: - If NAS100 breaks below this level, it suggests that selling pressure is strong, potentially leading to a continuation of the...

thobanizuma

The XAU/USD pair, representing gold priced in US dollars, has recently been on a notable bullish trend, reflecting increased investor interest and safe-haven demand. This upward momentum has been characterized by a series of higher highs and higher lows, indicating a strong bullish sentiment in the market. A significant technical development occurred when...

10:53

thobanizuma

**The Value of Cautious Discourse in Financial Analysis** Nas100 Prediction In engaging with financial markets, the importance of thoughtful discourse cannot be overstated. While it is often tempting to express rapid opinions, I find a measured approach to be more beneficial. Not only does this practice encourage personal accountability, but it also fosters...

thobanizuma

Following a very quick bearish move, CAD/CHF HUT A STRONG SUPPORT ARE ON THE MONTHLY TIMEFRAME. I anticipate that for the remainder of the year, our market will be robust. I would advise holding off on making a purchase on CACHF and instead BUY LIMIT AT 0.6832 (50% FIBBONACCI RETRACEMENT) IF YOU ARE NOT YET IN THE TRADE - TAKE AND HOLD! DISCLAIMER: Investment...

08:07

thobanizuma Updated 

Beginning with our weekly timeframe, we have seen that US30 has twice struck a zone of strong resistance. US30 hit an all-time high of 39,984.1 on April 1, 2024. On Monday, May 20, 2024, that level was again hit, forming a double top and, in accordance with our trendline, a resistance level. The market subsequently dropped right away to the zone 38,023.1, which...

12:33

thobanizuma

This is merely a video demonstrating how I was able to predict the drop in CADCHF from last week and enter at the appropriate times and locations. It also describes how I use the Fib and Fib retracement tool to determine my take-profit and re-entry levels. We appreciate any and all criticism. Regards