In February, the Australian CPI inflation growth reading was 6.8%, lower than Mitrade's estimates of 7.1%, while also at its lowest level since July 2022. On the other hand, the Reserve Bank of Australia was less optimistic about the trajectory, claiming it would take years to cool down. AUD/USD closed 60 pips higher at 0.6709. EUR/USD climbed 47 pips to 1.0843,...
✅APPLE is falling locally but has now Retested a horizontal support level at 156$ And because the pair is in the uptrend This presents a classical Trend following buying opportunity LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EXMAR held a Board of Directors meeting on March 28, 2023, to review the results for the year ending on December 31, 2022. In 2022, EXMAR completed the sale of its floating liquefaction barge TANGO FLNG to Eni, and signed a 10-year charter agreement with Eni for EXCALIBUR, now fully owned by EXMAR. With the proceeds from the sale, EXMAR became net debt free....
On the chart, we can see a falling wedge. Breakout has already happened, so we will enter a long position. RSI is showing bullish divergence, and therefore we have confirmed a long position The target will give a ROI of 14% Good luck!
Hello,Traders! APPLE broke the key level And went further up just As I predicted and is now Making a pullback and a Bearish correction but The stock is in the uptrend So we are bullish biased Therefore, after the retest Of the level around 154.5$ We are likely to see a move Up towards the target level At around 161.2$ Buy! Like, comment and subscribe to...
Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55) Levels below 11 continue to attract buyers. 11 continues to hold back the bears. We look to buy dips. With signals for sentiment at oversold extremes, the dip could not be extended. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. Our profit...
I see a potential rest of the daily SMA 200. I dont think that we will break 30k so easy to a retrace from here is most logical. Down to the 25200-25500 area. From there we could easily continue up again towards the next target around 32k. If 25000 doesnt hold next target is around 20k most likely.
Big Data Release this week do not be Greedy do not over trade do not add losers be patience 1% execution 99 % patience
Bias: Quite a bit of resistance above but not a clear void below, may just chop. QQQ has less support holding it up. Top Watches: Long - BABA, PARA, MKC. Short - AAPL. COIN, HD. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock...
After an initial massive bull move, XRP's price action has dies down a little, until it shot up again this morning. That break out is exactly what the bulls want to see; bullish continuation after a time of consolidation. However, BTC's chart does not look great at all at the moment. So, I'm going to wait until XRP can break out of the yellow box on the topside...
On the chart, we see a falling wedge occurring for PLUG. We expect it to break the support, anytime soon. The target is purely based on technical analysis. Therefore we will advice you to keep in mind, that the stock is at its lowest for a long period of time, and therefore has potential for much higher upside, than our target.
In February, Australian retail sales grew by 0.2%, just higher than the expected 0.1%, but well below the 1.9% recorded in January. Price levels remain high in the country, with Mitrade anticipating a 7.1% increase in tomorrow’s annual inflation data reading. AUD/USD edged up 4 pips to 0.6649. EUR/USD added 37 pips to 1.0796, and GBP/USD rose 54 pips to 1.2284....
Binance was in the headlines today with the CFTC. The BNB token had a nasty fall into support. This token is at a key technical area. If it loses this area, the price action can start to fall even sharper to the next major support level seen on the lower wedge. Will the largest trading exchange in the world get caught up in a crypto ponzi like FTX? If this...
SOUTHERN COPPER CORPORATION - 30d expiry - We look to Sell at 77.48 (stop at 81.21) We are trading at overbought extremes. Posted a Double Top formation. Bespoke resistance is located at 78.70. Resistance could prove difficult to breakdown. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a...
BTC has been trading inside a triangle pattern over the last couple of days, making it fairly unclear where the price will go in the short-term. In these cases, it's generally better to wait for the market to tell you where it wants to go. I'm going to wait for BTC to break out of the triangle. Bottom two blue targets are the bearish targets, top two blue...
Here we are looking at TSLA on the Daily TF… As you can see, TSLA has been trading within a symmetrical triangle since November of 2022. After being rejected from resistance in late February, TSLA made its way back to support, and so far has bounced towards resistance again. As you can see, price action has began tightening as it makes its way into the apex of...
The SMH is triggering a intra day topping formation. This is likely to play out as money roates out of the overbouhgt tech/ semi space. NVDA, AMD are some of the leaders already showing weakness today. If Semis fall they will take this market lower.
Zeel make an inverted HND pattern if zeel break the support lvl or the HND pattern we will gor for short if the stock take rejection we will avoide or find for buying side opportunity