EUR/USD possible bullish reversal today or tomorrow Building permits and housing starts were better than forecast, this may cause some selling in EUR/USD.... The HTF daily chart is both short term and intermediate term bullish, However the market is currently trading within a HTF 4hr timeframe gap which was formed last week... i am anticipating that the market will fill this 4hr gap due to todays bearish EUR/USD news, once it fills the gap i believe that the market will continue upwards to at least test the current daily timeframe short term high possibly due to the pause on interest rate hikes from the FED (interest rates > building permits) i feel as if interest rates currently have a stronger higher timeframe influence on the market... I AM LOOKING FOR A LONG ENTRY THIS WEEK, ANY SHORTS WILL BE INTRADAY POSITIONS, I AM LOOKING TO SWING LONGS FOR THE WEEK/INTO NEXT WEEK.... THESE ARE MY PERSONAL THOUGHTS, THIS IS NOT FINANCIAL ADVISE!
AL
XAUUSD and Overview to MarketsXAUTRYG Silver troy ounce (31.10 gram) 26.175 USD (percentage of 1.06, Buy signaling) and Platinum , 1059.2 USD (-0.78 of pct, Strong Sell). Ounce palladium 2787 USD (%3.95) costs for traders.
Copper 1 pound (0.4535 kg), 4.2805 USD (with the percentage of 0.38, Buy) is being traded at the time written. Besides this, XAUUSD, spot gold (oz), 1770.1 USD (%0.37, Buy) is going along its trendline.
American Dollar index (DXY) 92.44 is pushing itself (%0.4 Strong Buy) on the line again. USDTRY is signalling Buy along with the price of 8.70606 TRY (%-0.02494 ) and Euro TL (signalling Neutral) is currently being traded with 10.32165 TRY (pct -0.06804).
Asian stock markets may tell us more. Shanghai Composite (Buy) is 3591.1969, gaining %0.5. NIKKEI (Buy) is followed by 28791.46, falling % -0.07.
German DAX is at the high of 15531.04, falling % -1.02 (Neutral). UK100 index 7037.48 is falling % -0.71 (providing Buy signals).
TSLA stock is 680.78, gaining %0.
Let's talk about US Markets. Dow Jones (daily Strong Buy) is moving in the direction 34481.68 gaining %0.55. NASDAQ (Buy) is 14515 points, following its trendline falling % -0.09. S&P 500 (signalling Buy) is 4295.74 high, gaining %0.09.
XAUUSD Commodity OverlookSilver troy ounce (31.10 gram) 27.975 USD (percentage of 0.9, Strong Buy signaling) and Platinum , 1151.1 USD (-0.98 of pct, Buy). Ounce palladium 2781 USD (%-0.93) costs for traders.
Copper 1 pound (0.4535 kg), 4.526 USD (with the percentage of -0.66, Neutral) is being traded at the time written. Besides this, XAUUSD, spot gold (oz), 1893.9 USD (%-0.03, Buy) is going along its trendline.
American Dollar index (DXY) 90.117 is pushing itself (%-0.02 Buy) on the line again.
Asian stock markets may tell us more. Shanghai Composite (Buy) is 3591.3966, gaining %0.32. NIKKEI (Buy) is followed by 28860.73, falling % -0.35.
German DAX is at the high of 15581.14, falling % -0.38 (Buy). UK100 index 7081.02 is falling % -0.2 (providing Buy signals).
TSLA stock is 601.91, falling % -3.53.
Let's talk about US Markets. Dow Jones (daily Buy) is moving in the direction 34558.45 falling % -0.12. NASDAQ (Buy) is 13961.75 points, following its trendline gaining %0.26. S&P 500 (signalling Strong Buy) is 4231.55 high, gaining %0.1.
SODA haftalık grafik analizi ALHaftalık grafikte Fiyat 200 SMA üzerine geçmiş ve bir kere test etmiş. RSI 14 39MA yı yukarı doğru kırarak yukarı trendi teyid etmiş. 1. QTR finansallar beklentiyi karşılamış. 4-6 hafta tutmak için iyi bir hisse.
AIR LEASE - AL - PERFECT SET UP Air Lease Corp or AL is seeing what could be a potential great long set up. 3 indicators converging into one set up:
- Price close to 50D EMA
- Price bouncing on Fibonacci level 0.618
- Price touching Trendline
Despite markets looking bad this week, this could bring some potential upside.
AL Testing Final Support Level Above 200 MATrade Background:
Price has been in a downward trend since the start of this year. This is due to the market pricing in less demand in flying due to the corona virus. For this reason price has fallen to key support just above 200 MA. Look for a swing to the topside of the trend as market sentiment recovers. Cut loss if price consolidates below 200 MA.
Trade Idea:
Entry: 42.50 to 44.00
Stop loss: 42.00
ARK/BTC Really Good Profit PotentialARK, sitting on strong support, trying to break falling resistance. Our buy areas are green, sell areas are red. You can sell it on any target that you want. It's about your risk management.
USDCAD USDCAD pair ended ON Friday trading with clear negativity to attack 1.2985 level, as the price found difficulty to surpass the EMA50, which hints the stop of the correctional bullish wave that started from the previously recorded low at 1.2459, to return to resume its main bearish track again.
I expect the domination of the bearish trend in the upcoming sessions, and the main target is represented by visiting the above mentioned low, taking into consideration that breaching 1.2985 followed by 1.3020 levels will reactivate the correctional bullish scenario that its next target located at 1.3310.
Expected trading range for today is between 1.2860 support and 1.3100 resistance.
Expected trend for today: Bearish