My dear friends, Please, find my technical outlook for NATGAS below: The instrument tests an important psychological level 2.601. Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.745 Recommended Stop Loss - 2.506 About Used...
AGIX price bounced from a weekly support zone (Green) $0.5583 - $0.5766 and now on resistance at $0.6080. If the price breaks above this resistance we could see a massive upward movement in it and the price will reach the next daily resistance zone (Blue) at $0.66951 - $0.7261.If the momentum continues we will see price to the next level and zone. If the price...
Gold prices fell again after once again facing rejection above 2334. A stronger-than-expected US purchasing managers index (PMI) released last week prompted Federal Reserve officials The Federal Reserve (Fed) pushed back the timing of cutting interest rates for the first time this year, which continues to limit gold's rise. However, safe-haven flows due to...
Gold prices fell for the second day in a row amid the Fed's hawkish outlook. The Fed's September interest rate cut is still on the table, which limits USD gains. Persistent geopolitical tensions contribute to limiting the rapid slide in gold prices. The greenback followed US Treasury yields higher in the second half of Tuesday's trading session, ahead of hawkish...
MATIC is currently trading within a tight range, establishing consistent highs and lows. The price is forming a large triangle pattern, indicating a period of consolidation. It is nearing the apex, suggesting that a significant move may be imminent. The upper boundary of the triangle acts as a crucial resistance level. Price action near this level should be...
Oil ended april as a first red month, in which case may id be looking for sell high, they kept price suppressed and didnt attempt to make any significant higher highs this month, since there was no real place, except the start of may, to sell high, (and fundamentals somewhat driving my thesis) i would expect them to keep trapping volume down low for the frontside...
USD/JPY maintained its decline near 160.50 during the European session on Thursday, eroding some of Wednesday's surge. The pair was dragged down by widespread risk aversion and Japan's verbal intervention, supporting the Japanese Yen. The focus now is on potential foreign exchange intervention and US data. The Japanese yen (JPY) weakened again on Wednesday in a...
If you haven`t bought FDX calls ahead of the previous earnings: Now analyzing the options chain and the chart patterns of FDX FedEx Corporation prior to the earnings report this week, I would consider purchasing the 260usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $19.30. If these options prove to be profitable...
EUR/USD continues its downtrend and trades in negative territory below 1.0700 as the US Dollar benefits from upbeat data during the US trading session. S&P Global reported that economic activity in the US private sector continued to expand at a strong pace in June. The risk-averse market atmosphere has helped the US Dollar (USD) gain strength, forcing EUR/USD to...
USOIL - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USOIL Entry Level - 81.44 Sl - 82.93 Tp - 78.84 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBP/USD drops to new multi-week lows below 1.2650 GBP/USD remains under bearish pressure and trades at its lowest since mid-May below 1.2650. Stronger-than-expected Manufacturing and Services PMI data from the US helped the USD maintain its position and sent the pair lower. The Bank of England (BoE) announced on Thursday that it is not changing its monetary...
Market structure Bullish on HTFs Entry at Daily AOi Weekly Rejection at AOi Strong Bullish Momentum for the past 2 weeks Weekly EMA retest Daily Rejection at AOi Around Psychological Level 0.89500 H4 EMA retest Candlestick rejection Levels 4.91 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be...
usdjpy 4h rally base rally demand. good structure but poor location. this is inside the range
CADCHF - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short CADCHF Entry - 0.6565 Sl - 0.6591 Tp - 0.6517 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment!
Keep a close watch on the NOT/USDT pair for a possible breakout and subsequent bullish rally in the short term. This could present a promising trading opportunity, but remember to conduct your own research and analysis before making any investment decisions. Note: This is not financial advice.
CBOT: Micro 2-Year Yield ( CBOT_MINI:2YY1! ), Micro 10-Year Yield ( CBOT_MINI:10Y1! ) Last Thursday night, I watched the first Biden-Trump presidential debate live on TV, along with tens of millions of likely voters of the 2024 US presidential election. Who won the debate? According to the exit poll conducted by 538/Ipsos: • 60.1% of the likely voters being...
Market analysts forecast positive numbers for the May report. Expect the cost of goods and services to increase at an annual rate of 2.6%, down slightly from April's 2.7%. More importantly, core PCE is expected to fall to 2.6% (on an annual basis) in May, from 2.8% in April. If these forecasts come true, it would signal a further reduction in inflationary...
US economic data on June 27 was not very positive: the number of applications for unemployment benefits reached the highest level since November 2021, the number of durable goods orders showed a bad signal for Q2 GDP, sales Pending home sales hit a record low, and finally, the Kansas Fed's manufacturing activity stagnated for the 21st straight month. World gold...