7th May DXY: Needs to stay below 105.50 to remain bearish, range between 105 and 105.30, break 105 support to head down to 104.55. NZDUSD: Buy 0.6025 SL 30 TP 50 AUDUSD: Sell 0.6570 SL 20 TO 45 USDJPY: Sell 153.80 SL 60 TP 170 GBPUSD: Sell 1.2530 SL 20 TP 60 EURUSD: Buy 1.0740 SL 20 TP 60 USDCHF: Could range between 0.90 and 0.9055 USDCAD: Sell 1.3685 SL...
Take a look at our analysis for NAS100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 18063.0. Considering the today's price action, probabilities will be high to see a movement to 16988.7. P.S Please, note that an oversold/overbought condition can last...
Not even gonna guess how high will it fly. Got higher than we expected already. Smoked bears, gone into hibernation. Here are the fib levels for your consideration. Notice price approaches the top Bolly Band. Not a lot of room left to squeeze but it could pump higher. Not overbought yet. Short when it gets there. Bewary.
Been swing bearish on SPX for a while. With previous analysis I thought the stop hunt risk was to 5200 and then the bear trade would come. If this is right, we have a lot more downside to come. Potentially even taking out all of the 2023 rally. But one thing at a time. Next big support level would be 4725. Currently positioning with shorts and OTM puts with...
DXY on a pause before resuming the bearish wave From our previous analysis, DXY completed the harmonic pattern. The reaction was almost perfect considering that after the pattern was completed, the DXY moved down and reached our target. Currently, DXY is taking a pause but should resume the new downtrend soon as shown on the chart. You may find more details...
US100 Ready to Test The Top Again Price broke out again from a strong resistance zone now turned into support. The breakout looks solid and after the weaker-than-expected NFP data it looks like the market may speculate more about a rate cut from the FED sooner than we may expect. This speculation can push US100 up to the other resistance zones as it is shown...
Pair : NASDAQ Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 78.60%
I think it's possible we're going to see a big USD breakout. We certainly have near term trending action for now. While the trend remains valid, I am looking to buy all these 76 retracements and trail my stops under the developing structure.
Last Friday, the SPX gapped up at the open and temporarily broke above the 50-day SMA during the trading session. Finally, yesterday, the SPX managed to close above this line of resistance, which is a positive development. However, a failure of the price to defend the ground above this level, now acting as support, for multiple consecutive days will be concerning....
Hello everyone, as title says, today I would like to speak about the S&P500 and its market valuation in the current economic environment. Since I prefer to study and analyze markets on higher time frames rather than day-to-day, this Case Study is based on quarter outlook (3M chart), to capture most of the available information using metrics that have...
In continuation of our previous analysis on the NASDAQ index, it's important to note a strong resistance zone between $18,000 and $18,100. This range has historically acted as a significant barrier to further upside movement. Furthermore, the chart pattern currently resembles a wolf wave, which is typically considered a bearish pattern. Traders should exercise...
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
SPx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...
Hs its time to down I no longer buy dollars This is not a financial advice dyorr Enjoyy
see my previous ideas. we still on the track.. dont fight the wave of nasdaq. there is very limited possibility to break new high for NASDAQ. (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you...
USNAS100 New Forecast The price has a senstive movement between 18030 and 18090 till breaking stability under 18030 means will try to touch 17940 as well, and under it will continue the bearish trend till 17795 otherwise stability above the trend line about 18100 means will continue the bullish trend till 18250 pivot line: 18090 Resistance Price: 18250,...
UK100 Analysis: Stock Market Optimistic Ahead of Bank of England News On Monday, the UK observed a bank holiday for May Day, and on Tuesday, the stock market demonstrated accumulated optimism. The FTSE index (UK100) today surpassed the 8300 mark. Additionally: → The opening occurred with a bullish gap; → On the daily chart of UK100, today the RSI indicator is...
NAS100 looks brearish on bigger POV, as it broke through last HLs and made new LL. For Now the price is in discounted range we can build our positions in sell side have SL on the top of the swing.