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Tegasfx

DAX - Watch this mark!Hi Traders, for the German Index DAX we clearly see a very important zone: 15.450 There are 2 possible Scenarios. Scenario 1: He market accepts the support zone and we see a reversal. Then we can trade a pullback to 16.000. Scenario 2: The Support will break. Then we expect sharp movement to 15.000 - following a pullback to the former support (which will then become resistance). Next bigger support is for this case at 14.500 Right now the decision is open and we should also cleary watch the FED interest rate decision and conference tomorrow as German market often follows US indicies. Wish you all great trades! Team tegasFX
CAPITALCOM:DE40
by tegasFX
Why ETH bulls are in danger...Hi Traders, when will ETH hit moon? 🌔 Will ETH in general be able to hit new highs? Thats the big question. Right now from technical point of view we have bad news for the bulls... Here are some Short Indications and some points that can make hope... Short Indicators: 1. Trendline Break - the long trendline was broken with massive Volume and movement on 17th August 2. Lower Highs / Lower Lows - as you can see in the chart we have now made a lower low and also the highs are frequent getting lower. Clear indication for downward trend 3. Moving Average - the price is below EMA200 which is a Short indication as well. Hope for the Bulls: But we have also some points which can make the bulls hope... 1.Support The Zone at $1600 which is a massive support zone is still valid and not broken. As long as we do not break this zone this is quite good 2. Bitcoin Halving As you might know next year the BTC will halve and mining rewards will half. Less supply with likely same ore even more demand will then cause massive rise of Bitcoin . If this will be the case then ETH will also likely rise - as 2nd biggest Cryptocurrency. There is always be a correlation of Bitcoin and Altcoins. Conclusion: Right now ETH is technically hit. But as long as $1600 does not break there is a chance that a positive newsflow can cause a reversal. If the $1600 breaks a short breakout trade would be a option to think of. Wish you all good Trades! Team tegasFX
COINBASE:ETHUSD
by tegasFX
US500 - Inflation data aheadHi Traders, last week the US500 did a correction as expected. Right now price is at a interesting level for Bulls (arround July High) Next week we have to put our eyes on the US inflation data. On wednesday we have the Core CPI. The forcase is +0,2% What is the core CPI? The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. On Thursday we also need to watch for PPI - which is likely a good indicator for future CPI values. What is the PPI? The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Wish you all good trades! Team tegasFX
CAPITALCOM:US500
by tegasFX
Long Signal for TechHi Traders, the Nasdaq100 generated a new long signal in daily chart. The market made a reversal and a new fractal high was made. In General we have a nice upward trend. The market is above the EMA200 and US economy seem to be quite stable and resilient against high interest rates. Looking into Q3 and Q4 and possible outlook for interest rate cuts we might see a new All-Time High end of the year. So in Daily chart we are bullish! Wish you all successful trades! Team tegasFX
CAPITALCOM:US100Long
by tegasFX
Why Silver could reverse NOW!Hi Traders, Silver is at a interesting zone right now. One the one hand the longterm long trend is still valid. But we are close on the last low at $22.1 At this zone we have a massive support with last Daily low and also longterm daily trendlie. Looking at today´s candle it seems that we might get a long reversal (possible bullish engulfing). TP could be the Zone arround $24.4 where we have a resistance with also some key points and another trendline. Wish you all great success! Team tegasFX
OANDA:XAGUSDLong
by tegasFX
USDJPY 🇺🇸🇯🇵 - Breakout imminentHi Traders, at USDJPY we are close before a massive long breakout. But for sure we have to watch the economic data.... WEEKLY FUNDAMENTALS 🗓 Watch out the Economic Calender for week 33/2023 👀… ℹ️Important economic data: Tuesday: Retail Sales 🇺🇸 Wednesday: RBNZ Interest rate decision🇳🇿, FOMC minutes 🇺🇸 Thursday: Philly FED Index 🇺🇸 Friday: CPI EU 🇪🇺 FOMC Minutes this week 🇺🇸🇺🇸 Before markets start turning their attention to the Fed’s annual get together in Jackson Hole, Wyoming at the end of the month, investors will be focusing on Wednesday’s minutes from the central bank’s July policy meeting. The FED raised rates by 25 basis points last month and left the door open to another hike in September. The minutes will help investors gauge the appetite for further rate increases, although markets are betting on a pause in September. Data last week showed that while U.S. consumer and producer prices increased moderately in July the overall trend indicated that inflationary pressures are easing. The U.S. central bank has increased interest rates by 5.25 percentage points since March 2022 to bring inflation back down to its 2% goal. Chart USDJPY 🇺🇸🇯🇵 If the market will break through the resistance at 145.000 there will be likely a lot of short stops liquidated which might cause another long movement. Wish you all a great trading week! Team tegsasFX
Long
by tegasFX
Apple 🍏 - what´s next?Hi Traders, Apple crashed over 10% within the last days😱😱. What to expect next? In our opinion this might be a good chance for all longterm investors. If you take a look at the rallye since march it was surely time for a consolidation and buyers took simply their profit on news. For now the price is a the highs from 2022 which might be a supportive zone. So we think its more a chance than the beginning of a big Apple crash. Wish you great trades! Team tegasFX
NASDAQ:AAPLLong
by tegasFX
US30 - HOT🔥 inflation dataHey Traders! 👀Watch out the Economic Calender for week 32/2023 ℹ️Important economic data: Tuesday: German CPI 🇩🇪 Thursday: CPI USA 🇺🇸 Friday: GBP UK🇬🇧, PPI USA 🇺🇸 Inflation Data ahead. In this week the main focus will be on the inflation data. Based on this data we might geht a hint about the next steps of ECB🇪🇺 and Federal Reserve🇺🇸. A lot of analysts think we already reached the peak of the interest rates. If the inflation falls this might be a confirmation of this. After the last days consolidation of the markets (US30, DAX) we might get a good opportunity for long entry if the inflation is really moving into the anivised area of the central banks. But if the inflation is higher than expected there is also a good chance that the markets fall. So be careful and watch out the data! Chart US30 🇺🇸 In general we have a long szenario. We have a valid uptrend and market is above EMA200. Depending on the inflation data we might see a push towards the trendline. Especially if the inflation is higher than expected this might be the case. If the inflation is smaller than expected this can cause a strong long movement. So you see that this data is really the key data for next week Important Zones Support: Daily Trendline and Support zone at 34500 Resistance: High at 35700 Wish you all great success in your trading! Team tegasFX
CAPITALCOM:US30
by tegasFX
European Stocks falls📉 - Whats next?Hi Traders, the EU50 lost over 3,5% within the last 2 days. Is this only the first drop before big selloff 📉📉? Or a normal consildation? Which zones are important? If we look at the Chart the longterm Uptrend is still valid. So for now it looks like its a normal consolidation. Important Zones are: Support: Zone between 4350 and 4300 Resistance: 4500 Also the EMA200 is still moving upwards and the market is right at this zone building a possible reversal (bullish Engulfing). So there is a possible long trade option. Wish you maximum success! Michael - tegasFX
CAPITALCOM:EU50
by tegasFX
US500 - Time for consolidation?Hi Traders, we have a busy week ahead. We have 3 central bank interest rate decisions and a few other fundamentals coming up. Week 30/2023 Monday: Purchasing managers' indices DE🇩🇪 , UK 🇬🇧and USA 🇺🇸 Tuesday: ifo business climate index🇩🇪, CB consumer confidence🇺🇸 Wednesday: FED interest rate decision🇺🇸 Thursday: ECB interest rate decision 🇪🇺 Friday: BOJ interest rate decision🇯🇵, CPI DE🇩🇪, PCE core rate 🇺🇸 Some Infos about the Central Banks FED🇺🇸: The Fed is expected to raise rates by 25 basis points to between 5.25% and 5.50% at its July meeting, with traders looking for clues as to whether this will be the central bank's last rate hike of the cycle or whether it will deliver another rate hike at a future meeting that is in line with its own forecasts. ECB🇪🇺: Again, a 25 basis point rate hike is a foregone conclusion. However, the wording will be crucial here. Because currently, a further increase in September is priced in by around 50% of market participants. The other 50% do not expect any further increase. Depending on which way the wording goes, there is definitely a lot of upside or downside potential for the euro. BOJ🇯🇵: The Bank of Japan's interest rate and monetary policy is still expected to remain loose. This could be very exciting, especially after the last correction against the USD. So we can expect at least on Thing... Volatility! From Technical point of view a consolidation in the stock market would not be a surprise. If the SP500 moves back to first Support Level this would be a possible zone for new long entry. But we should wait for the FED and their outlook. Wish you a great Trading week! Team tegasFX
CAPITALCOM:US500
by tegasFX
Bitcoin idea - Watch this mark ☝️Hello Trader, this is our first trading idea🔥🔥. In the coming days , weeks and months we will try to provide helpful ideas and valuable content. Please note that the ideas are not a call to action. We only present our personal opinion. What you do with them is up to you. Bitcoin Analysis Let's start with some important facts. Trend: here we have a clear uptrend on a daily basis with rising highs and rising lows. The last prominent high is at about $31,700, which is also a resistance zone Support: On the one hand, the trend line on a daily basis serves as support. In addition, the last prominent low at $25,000 is an important support. Moving Average (EMA200): The price is trading above the EMA200, which tends to speak for the bulls Trading case Possibility 1 would be a pullback to the trendline. Here we would wait for a Long Reversal Possibility 2 a break through the resistance. Here would be our preferred long entry. If the resistance breaks we expect strong long movement. Scenario to cancel the trade If the trend line is broken sustainably downwards (strong short movement), however, this would cloud the chart picture. Then we would switch to "flat" We wish you good luck with your trading and hope you had fun reading the analysis! Team tegasFX
COINBASE:BTCUSDLong
by tegasFX