Banknifty Selling side correction as per gann theory i mentioned market will touch the target 2 by tomorrow 10am range on 12th sep 2023
BingX’s Bitcoin Chart Bitcoin is up 0.44% over the last 24 hours and rose to an intraday high of $19,558.82. The largest cryptocurrency was mainly trading around the $19,500 price level during the weekend, suggesting a balance between supply and demand. The latest U.S. Consumer Price Index will be released on Thursday, which is widely expected to arrive at...
EUR/USD - G20 Meeting...! We've got the G20 meeting running today through to the weekend (17th-18th) Discussing of 750 billion recovery fund. Key questions to analyse and ask yourselves: - Will the countries be given a loan, grant or both? - How will the fund be split? - How much will the recovery fund be? Will it be the full amount? - Is there be any...
NZD/USD extends downside following NZ PM cited downside risks to the economy due to China's coronavirus. In Asia session the Kiwi moved back into an area of support for which bulls will be looking for a test of the supply commitments from the bears, with a target of the 0.65. Fibonacci Projection showing price action for managing profits & not for entries or reversals.
Looking to short DE at the double top here. If the meeting later this friday goes bad against the china deal. I think this stock will take a huge beating, especially if china retaliate with another tariff against our agricultural sector. Short Entry 169.50 stop 172 exit 160
The G20 meeting was the main even however the markets were not so much interested in the summit as in one particular meeting Trump - Xi. At stake was the fate of trade negotiations between countries. Markets have been waiting for the end of the trade war. As we expected the leaders Trump and Xi agreed to resume trade negotiations on Saturday, June 29. The main...
Trade talk with China resume, but no indication that it will end on positive note. I presume market will continuously have mix certainty about this and will trade sideways next week until further notice.
Main Items we can see on the 4HS chart: a)Using Elliott Wave Theory we can conclude that if we had ABC ( Bearish Movement) / ABC (Current Bullish Movement). Now we can expect a 12345 bearish movement following the idea of a Flat Correction b)On every timeframe starting on the Weekly Chart we can see Divergences on MACD, (this kind of Signal is possibly showing...
Directionless Trading to Continue into the G-20 Summit Weekend With the interest rate cut hopes drying up, a trade war resolution is the next best thing to boost the markets. Until then, it would likely be a directionless, choppy trading in a tight range. The chart shows the trading plans indicated for today by our models (for further details, please check our...
NZDUSD has reached to its important resistance which is shown in the chart . All eyes on 28th,Jun G-20 meeting . We strongly believe that you should get long position, if the price manage to breakout this level .
Since we have G20 and the OPEC meeting next week, I wanted to take look at the dollar during the last 10 G20 summits. The dollar's strength during this time could shed some light on those of us who trade the majors.
Downtrend will continue in coming days at least till first week of July. Trump needs oil lower as an excuse for FED to cut interests. G20 is happening 28 of June and this gives him a perfect opportunity to increase tension and I expect market to take a week to digest bad news - we might see strong support of 43 in beginning of July.
FING_B - CHINA X US G20 - Catalyst Play (Intellectual property)
I think the Peso will regain strength over time from this juncture. The weekly Time@Mode trend signal we had here expires next week but price already seems to be trending down in the daily timeframe, and broke a previous weekly low, so I think we're safe to assume the decline started already. The G20 talks and oil related news might be behind the strength in...
Whats up a traders - We're sideways on this one, not quite sure. Have a look at the explanation on the chart. Comments are welcome.
With Trump and Xi meeting at the G20 in Argentina, will we see a trade resolution that will spark a run higher for the year end?
The market is turning right where we expected it to. There is very heavy resistance here no matter how you roll the dice. At this point its just a wait and see game. With the G20 summit this weekend, and special 'side lines' meetings between Trump/Putin/Xi, relations talk between Russia / USA / China will be in the forefront for the market. Hopefully good news...
FA: - G20 summit (markets been pumped prior to that event - dump on event) - CME futures expire - FED reduction - 26-28.11 been Consensus Invest conference (BTC been pumped during that time - dump after event) TA: - notice very strong trend channel of entire correction since 6300$ - two gann fans supporting possible outcomes - RSI bearish divergences - RSI...