MtICHI

MtICHI Updated 

the pair is in a triangle and as ichimikou is telling us it will be broken downward .please wait and see what will come out but our preferred scenario is bearish now please see big picture as below

MtICHI Updated 

Crude prices have carry-over support from Monday when Saudi Aramco unexpectedly increased the price of its Arab Light grade crude shipped to Asian customers in March by 20 cents a barrel versus an expected cut of 20 cents. That was the first price increase for that crude grade since September. oil demand in China is picking up as the economy reopens, a bullish...

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we are awaiting for short setup and if confirmed however we are keeping eye on above zone for any upside breakout but short scenario is preferred . please see big picture as bleow

MtICHI Updated 

eurzar is making head and shoulder but not complete for the time being ,so we are waiting for neck break to set bearish positions . please follow the case and see what would be the result please see my previous analysis as below please like if you find it interesting and share you comments .tnx

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this analysis is based on elliot wave and ichimikou and chart pattern and harmonic pattern as depicted as a long term view and will be updated based upon in upcoming weeks . please share your comments and like if you find it interesting and logical tnx

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Key Insights Treasury yields have been moving higher in recent hours, which was bearish for S&P 500. Alphabet stock continued to move lower after the disappointing presentation of its AI chatbot, putting additional pressure on NASDAQ. Disney tested new highs after the company outlined its restructuring plan, but Dow Jones slipped below the 34,000 level. S&P 500...

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we see a pattern and would like to see the result please see my previous analysis as well

MtICHI Updated 

The U.S. Dollar is sharply higher against a basket of major currencies at the mid-session on Friday, following a similar move in U.S. Treasury yields, after jobs data came in much hotter than expected. Nonfarm payrolls increased by 517,000 for January, notably above the 187,000 additions estimated by Dow Jones. Additionally, the unemployment rate fell to 3.4%,...

MtICHI Updated 

reaction to the short-term 50% level at .6893 is likely to determine the direction of the AUDUSD on Monday. Bearish Scenario A sustained move under .6893 will signal the presence of sellers. This could trigger a further break into a pair of minor pivots at .6872 and .6860. The latter is a potential trigger point for an acceleration to the downside with .6760 the...

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please see big picture .breaking or holding of two trendline below the price is crucial .

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The markets are being underpinned by optimism over the reopening of China’s borders, which may lead to increased demand for energy products. However, gains are being limited as traders await clarity on the Federal Reserve’s plans for rate hikes, which also will have an impact on the economy and fuel demand. A bearish factor for crude was today's action by the...

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Trader reaction to the short-term 50% level at $77.77 will determine the direction of April WTI crude oil into the close on Tuesday. Bullish Scenario A sustained move over $77.77 will indicate the presence of buyers. Taking out the minor top at $78.28 will indicate the buying is getting stronger with the resistance cluster at $79.76 – $80.01 the next likely...

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On February 7, traders focused on Fed Chair Powell’s comments on the monetary policy at The Economic Club of Washington. Powell noted that the disinflationary process had begun, but there was a long way to go before Fed’s inflation target would be reached. Importantly, Powell stated that Fed would not change its 2% inflation target, which remained the global...

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Daily March WTI Crude Oil Technical Analysis The main trend is up according to the daily swing chart. However, momentum is trending lower. A trade through $82.66 will reaffirm the uptrend. A move through $72.74 will change the main trend to down. The minor trend is down. This is controlling the momentum. A trade through $79.73 will change the minor trend to...

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harmonic pattern and wolfe wave combination giving a nice confluence with divergence on RSI with target @125 please see what would come out and share your comments see previous analysis

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please see big picture as below we are analyzing using wolfe wave and ichimikou please share your comments tnx

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index is reacting to ema200 and channel uptrend line confirming uptrend move for target at least to 37203 which is coincides with fibo levels depicted on the chart and last top . please share you comments and like tnx

MtICHI Updated 

another head and shoulder pattern is seen on four hour time frame which is against its similar head and shoulder pattern in daily time frame as depicted in my below analysis if this pattern confirmed downward move toward 76$ is probable . please see my previous analysis The West Texas Intermediate Crude Oil market initially rallied during the day on Friday but...