The most shorted stock on the Swedish exchange is seeing reduced short positions two weeks in a row. Fundamentals are returning to pre-pandemic levels. Target: 80 and above.
GOLD has broken down the ascending channel. The chart broke down the dynamic support, which now acts as resistance. XAUUSD is trading between the trend lines. We expect the decline to continue after the dynamic resistance is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hexatronic looks like it's reversing it's downward trend. 50/200 EMA about to cross. Key prices: SEK62.94, SEK90
SPX Continues Bullish Trend After Retest The SPX has completed its retest and subsequently pushed higher, maintaining its bullish trend. As long as the index trades above the key levels of 5347 and 5320, the bullish momentum is expected to continue. This week, the SPX is projected to reach the initial target of 5378, with the potential to advance further towards...
Based on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring...
H1 - Strong bearish momentum Most recent uptrend line breakout Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Employment data was released last Friday. Although the unemployment rate rose to 4%, the number of NFP exceeded expectations, reaching 272,000. The data performed average, but due to market expectations were too high, there was a correction after the data was released. Not only in crypto, gold has also seen a obvious correction. The market currently predicts that...
Over the past few weeks, Solana (SOL) has gained significant attention as its price continues to consolidate around crucial support lines. This consolidation follows Bitcoin’s latest struggle to validate a clear trend above the psychological mark of $70K. Amid the overall stable market sentiment, Solana has seen a mood swing in key on-chain metrics, creating...
Employment data was released last Friday. Although the unemployment rate rose to 4%, the number of NFP exceeded expectations, reaching 272,000. The data performed average, but due to market expectations were too high, there was a correction after the data was released. Not only in crypto, gold has also seen a obvious correction. The market currently predicts that...
The recent price action shows a consolidation phase following a sharp decline, suggesting a potential reversal opportunity. Given the historical support and resistance levels, a bullish trading setup can be considered. Trade Setup: Entry Point: $67,524 Target Price: $69,590 Stop Loss: $66,529 Risk/Reward Ratio: 2.23 Technical Analysis: Support Level: The...
Fidelity National Information Services Inc., a renowned financial services and outsourcing solutions provider, recently unveiled a new product to address climate risk assessment. As businesses grapple with the increasing uncertainty brought about by global climate change, Fidelity is positioning itself as a key player in the market for analytical...
enter the sell trade according to the technical structure
Hello everyone, I'm waiting for liquidity to be taken and I'm waiting for the price, especially at 63k, so that I can possibly take
The GOLD is bearish in MTF and HTF. The Daily and + remain bullish for the moment. We had a 4H and D trap confirmed + PriceD MTF. An OB15 was rejected following a TRAP5. We returned to do an internal PriceD. The aim of our purchase would be to go for the major MTF trades. In the case of an MTF PriceD, we will have a TRAP15 which could give us confirmation that...
Since publishing the long idea in late August at $4.29 (orange circle) price action has zoomed up 1000%. Not bad. A number of reasons now exist to be short. They include: 1) Price action has arrived at significant support and resistance, $41. 2) RSI is @ 95 on the 5-day, 97 on the weekly chart. The highest in the history of this chart. 3) Price action is four...
I expect a Downtrend reversal to fill the thin volume, aligning with the major trend. There's excess on the Day Before volume, which forms a B-shape. COT: LONG Commercial: 641294 SHORT Commercial: 896707
FX:XAUUSD is making a new low and there are a number of reasons for that. The price after Friday's sell-offs is returning in the bearish trend boundaries, which determines the medium-term prospects for us On D1, price is still in a global sideways range and support (global liquidity zone) is still untested. So why did gold fall? The market was negatively...
On the daily chart, AUDUSD has formed a double top pattern. At present, we can pay attention to the resistance near 0.663. If the rebound is blocked, we can consider shorting. The downside target is around 0.650.