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The EURCHF pair has been trading inside a Channel Up since the October 12 Low, having formed a 1D Golden Cross in the process a month ago. As long as the 1D MA200 (orange trend-line) supports, we expect the price to rise and test the September 20 2021 Lower Highs trend-line. If a 1D candle closes above it, we will extend buying towards the red symmetrical zone at...

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The U.S. Government Bonds 10YR Yield (US10Y) has been trading within a Channel Down pattern ever since the October 21 2022 High and even though there might be a Diverging Channel Up (dashed lines) emerging, the current level makes a strong Resistance cluster. With the 1D RSI also rejected twice on its Higher Highs trend-line, we are turning bearish on the US10Y...

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Ten days ago we called a bottom on the exact market buy for Gold (XAUUSD) as the 1D RSI was approaching the oversold level: This time we bring you an even more extensive perspective on the 2D time-frame, having found a fractal from 2019 that can lead Gold much higher than most anticipate, assuming of course the global market fundamentals continue to be the...

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Last week we have made clear our short/ medium-term view on the S&P500 (SPX), calling a buy on the exact bottom of the Channel Up: It is time to look again, as we normally do on a monthly basis, on the bigger picture, looking at the 2D time-frame. The Channel Up is clear and so is the Resistance on the 2D MA200 (orange trend-line) which formed the previous...

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There has been tons of talk about Bitcoin's (BTCUSD) similarity of the current bottom reversal with the 2019 one. A lot of comparisons have been made, we've started doing that since November, but the time has come that BTC either confirms or dismisses the 2019 fractal. As you see on the left chart (2023) the consolidation within the Bullish Megaphone that Bitcoin...

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Nasdaq (NDX) held the 1D MA50 (red trend-line) as Support and rebounded just before touching it. The bullish break-out confirmation came after the price broke and closed above the 4H MA50 (blue trend-line) for the first time since February 16. The medium-term pattern remains a Channel Down on a 4H Death Cross, so attention is require and short term targets after...

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The U.S. Dollar Index is headed towards critical crossroads as the 105.650 January 06 High is the most important Resistance with relation to the long-term trend. If broken the medium-term bullish trend transitions to the long-term. The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at...

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We are updating on our view earlier this week: Gold (XAUUSD) hit and got rejected today on the 1847.50 Symmetrical Resistance (February 20 High) as the 4H RSI turned overbought. Assuming the bottom reversal pattern is an Inverse Head and Shoulders (IH&S), we need a candle closing above the Symmetrical Resistance in order to extend buying towards the 4H MA200...

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The EURUSD pair seems to be inside a Head and Shoulders (H&S) pattern similar to that of mid-February. The big difference is that in February the Right shoulder rejection took place on the 4H MA50 (blue trend-line), while now the candle broke above it. It has already closed on 4H candle above the MA50 and the 2nd one is of high essence. One more closing above the...

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Bitcoin (BTCUSD) completed a strong drop yesterday on session's close but that technically reached the bottom (Higher Lows trend-line) of its 1.5 month Channel Up pattern. As with the previous Higher Low drop, the price completed a -12% decline. The 4H RSI is replicating a similar pattern to that previous drop and broke below the 30.00 oversold barrier as it did...

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Salesforce Inc (CRM) broke above its Inverse Head and Shoulders (IH&S) pattern and by early next week should form a Golden Cross on the 1D time-frame. With the MACD just forming a Bullish Cross, we have all the confirmation we need to go heavily bullish on CRM and with the Support of the 1D MA100 (green trend-line) on the long-term, target the 0.618 Fibonacci...

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Stepn (GMTUSD) is about to form a Golden Cross on the 1D time-frame for the first time in its history. While this is a huge bullish development, it is the emerging Bullish Cross on the 1D LMACD that can send it to the 1W MA50 (red trend-line) and the top of the Bear Cycle Channel. A similar LMACD Bullish Cross below the 0 line on January 04 was what started the...

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The USDCAD pair topped back in October and has turned sideways inside a Rectangle pattern since the November 15 Low. With the 1D MA50 (blue trend-line) used as the Pivot, the 1D MACD indicator can offer a confirmed buy and sell entry when it makes a Bullish and Bearish Cross respectively. Notice when Support 1 was created (previous High turned into Low), hence we...

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Last week we looked into Nasdaq (NDX) from a 1D perspective, giving emphasis on the important of the 1D MA200 and 1D MA50 as Supports, giving emphasis on the Pivot Zone involved since September: It is important now to show you why this level is important for the long-term, this time on the 1W time-frame. As you see on the current chart, despite last week's...

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We are updating our WTI Oil (USOIL) outlook on last week's buy signal: Target 1 (78.50) has been hit as the price reached the Lower Highs trend-line that started on the January 27 High. If a 4H candle closes above this trend-line, you can extend buying towards Target 2 (80.00), which is where the 1D MA100 (green trend-line) is, posing as the Resistance. We...

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Many have been focusing in the past days at the inability of Bitcoin (BTCUSD) to close above the 1W MA50 (blue trend-line). Surely that is essential for maintaining the pace of the January - February rally and as we've analyzed recently, it draws comparisons with the past Cycles where they were testing their own 1W MA50. ** Resistance/ Support levels based on...

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Advanced Micro Devices (AMD) are trading within a Channel Up pattern since the October 13 Low and is about to form a 1D Golden Cross. The 0.5 Fibonacci retracement level is exactly on the 1W MA100 (red trend-line) and we set a medium-term term target on it at $95.00. We expect every closing above each Fibonacci to target the next above it. The 1D RSI is on Higher...

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Eli Lilly and Company (LLY) has been trading within a Channel Up pattern since the October 30 2020 low exactly on the 1W MA100 (red trend-line). As the 1D RSI turned oversold below the 30.00 barrier, while the price touched the bottom (Higher Lows trend-line) of the Channel Up, it has filled all conditions for the most optimal buy level of the year. There have...