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Fundamental Analysis

Tesla - Fakeout leading to a -50% drop?NASDAQ:TSLA is currently trading at a key inflection level, forming a trend for the next years. Within a couple of hours, an entire stock can reverse and fundamentally change its trend. Tesla is still retesting a multi-year resistance trendline and is down about -8% today. If this selloff continues and Tesla rejects the resistance trendline with a massive bearish wick, then we will most likely see a correction back to the lower support of the descending triangle pattern. Levels to watch: $240, $120 Keep your long term vision, Philip - BasicTrading
NASDAQ:TSLAShort
by basictradingtv
15
Can Gold Still Break It's All Time High? Hey Traders So, we have had a very interesting week from both a political and economic perspective. However, notice that with all that has happened the market has not moved as aggressively as it did previously under these conditions. This is mainly because of the level of uncertainty but also because of the long anticipated rate cut. Next week proves to be a week to be ready for as we have major economic data releases to pay attention to and position ourselves for. So, be sure to keep an eye out every Wednesday and Friday as we discuss what has happened, what might happen and how you can best take advantage of everything that does happen.
FX:XAUUSD
by DeanMuller
2
BTC Short Trade setup Day 3Day 3, and BTC has dumped around $2,500. We’re in deep with our short from $68,200, and it's paying off. Let's break it down with some cold, hard analysis. Fibonacci retracement, baby. This tool is our crystal ball. From the previous swing high, the 68-69k zone was the perfect entry point, and we nailed it. BTC came back to test that level, and now it's heading south, just as predicted. When do we exit? We’re eyeing that $57k target. The Fibonacci levels are guiding us. We’re in the zone where the retracement indicates a significant pullback. Keep a close watch as we approach these levels, adjust your strategy if needed, but the plan remains solid. Remember, we’re not just playing the game; we’re mastering it. Stay ruthless, stay relentless, and watch as the market bends to your will.
INDEX:BTCUSDShort
by Kingofdoom7706
WHAT'S FLOWING: CHINA RATE CUTS IMPACT AUSSIE ECONOMY FX:AUDUSD FX_IDC:USDCNY A strong Chinese market provides numerous benefits to Australia, given the close economic ties and the complementary nature of their economies. Here are some key advantages: 1. Increased Exports Natural Resources: China is a significant importer of Australian natural resources, including iron ore, coal, and natural gas. A strong Chinese market boosts demand for these exports, supporting Australia's mining sector. Agricultural Products: Australian agricultural products such as beef, dairy, and wine are in high demand in China. A robust Chinese economy can lead to increased agricultural exports from Australia, benefiting farmers and related industries. 2. Economic Growth Trade Surplus: Strong trade relations with China can lead to a trade surplus for Australia, contributing positively to the national GDP. This can help in maintaining a stable and growing economy. Job Creation: Increased exports and business with China create jobs in sectors like mining, agriculture, and manufacturing, thereby reducing unemployment and supporting economic growth. 3. Investment Opportunities Foreign Direct Investment: China has been a significant source of foreign direct investment in Australia, particularly in sectors like real estate, infrastructure, and technology. This investment can lead to infrastructure development, technological advancements, and overall economic enhancement. Tourism: A strong Chinese economy increases the number of Chinese tourists visiting Australia, boosting the tourism industry and contributing to local economies, especially in popular tourist destinations. 4. Educational Sector Benefits International Students: China is one of the largest sources of international students for Australian universities. A strong Chinese economy ensures a steady flow of students, benefiting Australia's educational institutions financially and culturally. 5. Cultural Exchange and Diplomacy Soft Power: Enhanced trade and economic relations foster better diplomatic ties and cultural exchanges between the two countries. This can lead to mutual understanding, collaboration in various fields, and a stronger global presence for both nations. 6. Market Diversification Economic Diversification: A strong relationship with China allows Australia to diversify its economic activities beyond traditional markets. This diversification can provide stability and reduce dependency on any single market. Conclusion The interdependent relationship between Australia and China means that a strong Chinese market can have significant positive impacts on various sectors of the Australian economy, from natural resources and agriculture to education and tourism. Maintaining and nurturing this relationship is beneficial for sustainable economic growth and development in Australia.
Long
by moneymagnateash
2
xauusdGold Technical Analysis - Short-term bias turned bearish Like many other markets, gold has been in a steady retreat since last Wednesday, although it is not clear what was behind the move. what next Fundamental overview Gold has been in a steady decline since hitting its all-time high last Wednesday. Since last Wednesday we have seen a change in many other markets and it is not clear what was behind this move. Data continues to point to a resilient economy with inflation slowly returning to target. In that case, the Federal Reserve will cut interest rates at least twice this year. On the other hand, the risks to the growth picture are that as the Fed keeps policy tight, the new stimulus could be Trump, who is now looking more and more like a potential winner, and whose policies are seen as inflationary, which could lead to a Fed slowdown in Reduce the interest rate. On the daily chart, We can see that gold broke below the 2430 level last week and extended the decline as sellers started to get more aggressive. The natural target should be the key support of 2277. Buyers will look for buying opportunities on lower time frames, but a return above the 2430 resistance will give them more confidence to go higher. On the 4-hour chart, We can see that the price has recently crossed the trendline and has turned more bearish in the short term. Now we see consolidation at the 2400 level. This is where we can expect buyers with defined risk to enter below the level to set up for a new high. On the other hand, sellers want to see the price lower to extend bearish bets to the 2348 level. On the 1-hour chart, We can see the current price action more clearly. Buyers will want to see the price break above the last low at 2412 to gain some control and increase bullish bets to new highs with the aim of breaking above the 2430 resistance. On the other hand, sellers may want to wait for the price to break back to the 2430 resistance to get back with better risk to adjust reward or increase bearish bets on a break below the 2387 level. The red lines mark the average daily range for today.
SAXO:XAUUSD
by Masih_Rezvani
BTC Short Trade setupListen up, warriors. In this game of crypto, you need to be sharp, fearless, and always ahead of the curve. I’m talking about shorting BTC at the $68k- SWB:69K mark. Yeah, you heard me right. We’re taking a stand with a stop loss of just $500, aiming for a target of $57k. Why this zone, you ask? Because if you pull up that Fibonacci retracement from the previous swing high, you’ll see it crystal clear. This is the zone BTC came back to test, and it’s primed for a further downtrend. We play smart, we play bold. Let’s see how it goes.
INDEX:BTCUSDShort
by Kingofdoom7706
Bitcoin - Half way to the $200.000 target!BITSTAMP:BTCUSD is consecutively retesting the previous all time high and breaking out soon. You all know my life motto: Keep your long term vision. This is especially true when it comes to trading the major swings on Bitcoin. These very volatile short term moves will always give you a false perception of the underlying trend. And the underlying trend on Bitcoin is bullish, despite the recent back and forth at the previous all time high. I do expect a major bullish breakout soon. Levels to watch: $67.000 Keep your long term vision, Philip - BasicTrading
BITSTAMP:BTCUSDLong
by basictradingtv
8
Weekly Market Wrap With Gary Thomson: 15 - 19 JulyWeekly Market Wrap With Gary Thomson: US Banks Turn Bullish, GBP/USD, Gold Price, NVDA Stock Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. - US Banks Set a Bullish Tone at the Start of Earnings Season - GBP/USD Exchange Rate Rises Above 1.3000 on Inflation News - Analysis of XAU/USD: Gold Price Sets Historical Record - NVDA Stock Price Recovers After 1.5-Month Low Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen. Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.
FXOPEN:XAUUSD
by FXOpen
2
XAU/USD Trade Breakdown - 18-07-24Update on yesterday's forecast. The bias was clear and had we stuck to it.. we would have had an amazing trade. However, price action yesterday was really messy around NY opening and along with the news I decided to enter a "buy to sell" set-up Unfortunately, price action got even worse after that and I decided to stay on the sidelines, only to watch my forecast develop perfectly 🥲 We move on.. the market is here every day giving us opportunities day in, day out
FX:XAUUSD
by JJFX_Trades
Has Trump Pushed Up The Dollar? Perhaps Not and Here's WhyHey traders So the dollar has been on a bit of a bull run as of late. And although this could be attributed to one or two positive data releases, Trump and his potential presidency also plays a part. However, does Trump has what it takes to push the dollar to new highs? Its unlikely to be the case considering that for the bulk of this year the dollar has been steed by one thing, interest rates. So be sure to check out today's video to check out what we could see happening in the coming weeks as we near the long awaited rate cut.
FX:XAUUSD
by DeanMuller
Apple - Caution at the all time high!NASDAQ:AAPL just created a new all time high, however we have to be quite careful now. Trading cycles in an overall uptrend is one of the most profitable trading approaches. You are trying to capitalize on the major upswings and missing out on the major downswings. Apple is currently retesting resistance and probably creating the top of the previous cycle. I am waiting for a move back to support before we will then see the next major bullish cycle on Apple. Levels to watch: $240, $170 Keep your long term vision, Philip - BasicTrading
NASDAQ:AAPLShort
by basictradingtv
10
How will the market react after the next US election?How will the market perform if either Biden or Trump wins? That should be an easy question to answer, as we can track the market performance on the first day each became President of the United States. Micro E-Mini Nasdaq Futures and Options Ticker: MNQ Minimum fluctuation: 0.25 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!Short
by konhow