Tesla’s latest “We, Robot” event failed to live up to the market’s high expectations, causing the shares to gap lower. With investors shifting focus to short-term challenges rather than long-term dreams, let's take a look at what’s next for Tesla. Cybercab: A Vision With No Immediate Payoff Tesla’s much-anticipated Cybercab ended up as more of a damp firework...
In late September, we published a piece titled China A50 Stimulus Surge, detailing how Beijing’s aggressive fiscal and monetary policies could spark a powerful rally in the China A50 index. At its peak, the index gained more than 40%, breaking free from months of downward pressure. However, the rally has lost momentum in recent days, with the index now down 16%...
Adapting to subtle changes within a trend is a key element of successful trading. It's not enough to recognise that a trend exists; to stay ahead, you need to understand how trends evolve. From the initial surge to the steady grind, each phase of a trend carries its own characteristics—and knowing how to react to these transitions is what separates a prepared...
Oil prices surged past critical technical levels last week as escalating Middle East tensions raised fears of significant supply disruptions. As bullish momentum builds in response to geopolitical risks, let’s explore the key levels to watch, where short-term gains could face resistance from lingering long-term weakness. Geopolitical Tensions Fuel Oil's Rally...
EUR/USD broke through a key level of support following Friday’s non-farm payrolls, confirming a double-top reversal pattern on the daily chart. With the dollar strengthening on the back of solid U.S. economic data, the pair’s recent price action signals further downside may be ahead. A Textbook Double Top Meets Strong U.S. Data The double top pattern on...
Da inizio anno il petrolio sta guadagnando solo il 2% ma se ci concentriamo sui massimi di aprile 2024, dove il prezzo del petrolio ha raggiunto gli 88$ al barile, i prezzi sono scesi di oltre il 25%. Nel 2022, post pandemia, abbiamo assistito a picchi che non si registravano dal 2008, intorno ai 120$ al barile per poi cominciare una lenta discesa fino ai giorni...
Welcome to our 2-part series on adapting to change in trading, where we dive into the art of staying flexible in dynamic market environments. In Part 1, we’ll explore how traders can effectively navigate consolidation phases and avoid the pitfalls of rigid analysis. The Trap of Over-Defining Consolidation: Price Action is Fluid, Not Fixed One of the biggest...
With gold pulling back from trend highs, we take a look at how deep the retracement is likely to be and how short-term swing traders can time their entry. Why Gold Is on the Rise in 2024 Gold has been on a strong upward surge this year, with a combination of global demand, favourable interest rate expectations, and significant moves by central banks,...
Short-term momentum has realigned with the long-term downtrend in USD/JPY. Friday’s price action formed a bearish engulfing pattern, signalling that the recent rally may have come to an end, as sellers regained control. Why USD/JPY Has Been Trending Lower Since July USD/JPY has been in a steady decline since the Bank of Japan's (BoJ) unexpected shift in...
When it comes to Forex trading, technical analysis often dominates the conversation. Charts, indicators, and price patterns are essential tools, but they only tell part of the story. To truly gain a multi-dimensional view of Forex markets, it’s crucial to look beyond the technicals and consider the broader picture—specifically, macroeconomic trends and...
China has announced a blockbuster stimulus package, sending the China A50 index surging higher. Let’s take a look at how this move is reshaping market momentum and what it could mean for the broader economic landscape. Beijing's Bold Move to Boost Growth In a bid to counter slowing growth, China has unleashed a wave of stimulus measures, including cuts to its...
Friday’s price action saw the FTSE 100 break and close below a key consolidation channel, raising questions about whether a new phase of volatility is ahead. Let’s dive into the price action across multiple timeframes and explore sector performance to identify any emerging trends. Technical Analysis: • Daily Timeframe Starting with the daily chart, the...
In this second part of our series, we shift focus from the market open to the close—the final hour of the trading session. The dynamics of the close are different from the open because the time to act is much shorter. Unlike the open, where you have the whole trading day ahead of you, the close compresses decisions into a much tighter window. This makes the...
After two weeks of consolidation, EUR/USD is teetering on the edge of a breakout as traders prepare for tomorrow's pivotal Federal Reserve rate decision. With market participants awaiting the outcome, let’s take a look at how EUR/USD is positioned ahead of this key event. Powell’s Soft Landing Challenge The Fed is widely expected to lower interest rates for...
Gold price (XAU/USD) continues to push to new highs as traders lean in favour of a 50-basis point cut at the FOMC meeting on Wednesday. The anticipation of the fist cut from the Federal Reserve is driving risk appetite, allowing gold to continue attracting new buyers. The softer economic data – which is enabling rate cuts – is also a direct driver of bullishness...
Nvidia's share price has taken a breather over recent months, forming a symmetrical triangle pattern. This technical setup often signals a potential breakout—let’s delve into what this could mean for the stock and explore some strategies for trading it. Financial Performance: Strong Fundamentals Amidst Consolidation While Nvidia's share price has been...
Welcome to our 2-part series on how to trade the two most intense, liquid, and volatile periods of the trading day: the open and the close. These moments bookend the trading session and are critical for traders who thrive on fast-paced environments. In Part 1, we’ll focus on the open—the first hour after the market bell rings. We will explore why this period...
NIO Inc. has recently attracted attention with a powerful rally following the release of its Q2 2024 results, leading traders to wonder if the electric vehicle giant has finally bottomed out. With a surge in deliveries and a marked improvement in financial performance, combined with changing technical signals, NIO’s stock may be at a pivotal point. Why Last...