Tradinganalysis
GoldViewFX - MARKET UPDATEHey Everyone,
Fantastic finish to the week for us once again!!! We had another retest back to the retracement range and then a lovely ride back up confirmed with our activation for capturing a clean 50 pips. Our plans to buy dips playing out perfectly while price is ranging between the levels.
We remain Bullish with our long term plans and will continue to track the price level to level when buying dips from support levels with the short term trend down.
We will now come back Sunday with our multi timeframe analysis and updated trading plans for the coming week.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
13042023 - $SPX $SPYMarket went higher but sold back down to daily BZ. My long term level 4150 provided a nice short. But how bearish the current move?
Price opened within the BZ; re-tested yesterday's low but is now higher. Now staying above OP, we could first see a move to 4110 and even 4120. If market open European session at around 4110, look for possible reversal with divergence. 4120 applies for US session (but it depends on how market move). Below BZ, look for bearish continuation for a move lower. to weekly BZ
12042023 - $NDX #NDXNDX levels gave the highs yesterday and as mentioned for yesterday, said we should see a dip but would be bought up; but overall NDX is still looking weak. Unlike SPX, NDX is going below the 2 zones, which is more bearish.
For now, before CPI, 13114 and 12870 are fadable IMO, especially if we see 12870, would be a good level to go long back to the zone.
12042023 - $EURUSD #EURUSDMarket gave a reversal candle yesterday. EURUSD was strong and we got only a slight rejection off the PHOD (GBPUSD short was better). What is the market telling us?
Market is still above the 2 zones and thus bias is to the upside. Would like to see a retest of the zone, find support to go long to target 1.0942. If 1.0942 trade first instead during European session, would look for divergence to short back down. And if market somehow trade to 1.0970 on CPI news, look for shorts down back to OP. IMO, though DXY printed a bearish candle yesterday, it looked much supported, thus would be open to some USD strength today.
11/04/2023 - #GBPUSD $GBPUSDSimilar move to EURUSD; market made a huge dip but is bought. Now price is within the zone which should provide much resistance.
TBH based on yesterday's price action, and that price is below both zones, would expect another revisit of the lows, but given that price just open and went higher, I would say be short only if BZ breaks to target yesterday's low. Be cautiously bullish if price close above BZ to target 1.2436, and that would be a good level to go short. Another possible buy zone would be a bounce off PZ again, good especially with divergence.
11/04/2023 - $FDAX #DAXDAX is back after holidays, gap up after US went higher yesterday. Price is between the 1 and 2 SD BB. Looking for another spike for a good pullback. Looking for the short between 15812-15872 for a move to PZ. But if market goes to PZ/BZ first look for the bounce to target above instead.
10042023 - #GBPUSD $GBPUSDMarket came down on NFP on Friday but bounced off BZ. Today we have confluence of BZ and PZ as support but it is a battle of price action with BZ. If price stays around current price near PZ, could see a rally to 1.2454 (or near there) for a rejection and a short back to Friday's low.
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart Goldturn support and resistance reaction levels and updated targets.
We have a structure break above 2007 Goldturn resistance opening the range upto 2035, which fell short by a few pips last week still leaving this gap open for us to keep in mind.
A new Goldturn formation at 2022 is providing resistance. We will need to see EMA5 cross this level to solidify the upper target that remains open.
We have a retracement range at 1991 that will likely provide support should we see a test. However, a EMA5 cross and lock below this level will open the swing range. We plan to track and trade this level to level and will continue with our plans to buy dips from strategic levels.
BULLISH TARGETS
2022
2035
EMA5 CROSS AND LOCK ABOVE 2035 WILL OPEN 2060
BEARISH TARGETS
2005
1991
EMA5 CROSS AND LOCK BELOW 1991 WILL OPEN THE SWING RANGE
SWING RANGE
1942
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
06042023 - #GBPUSD $GBPUSDGBPUSD came down on US data release with DXY hitting 101.40 strong support. Market is again testing the lows of yesterday after the test and rejection off the PZ. If it had been at the open, I would say that if market come down first (to BZ), look for a long to PZ and if market goes up first, look for a rejection.
For now, with price near BZ, will look for the bounce for a move up, with a possible rejection between 1.2474-1.2486
Neutral IdeaHello traders, in today's trading session my team and I are monitoring GBPJPY for a potential trade setup.
At the moment GBPJPY has been very bullish, retesting the high on the weekly timeframe - which doubles as a minor buyers territory OR money spot.
Pip Regards, DayBot6.
What do you think of this idea?
GoldViewFX - Market UPDATEHey Everyone,
Price is ranging sideways between both the weighted Goldturns 1955 and 1977 with 1977 gap open giving us confidence to buy dips. We took a nice 30pip trade from the dip with a safe exit at 1970. As you can see all the MAs have started to converge together now, which usually happens before a breakout.
We have the Core PCE number coming out this Friday and as we keep reminding traders, this is the Fed's preferred gauge for inflation. Why is this important to know? Professional traders look at the economic news/events calendar every day and have key dates/times committed to memory. If you know that a certain announcement will create wild swings, you are not going to be holding any large positions near that time. Important dates also allow you to see the underlying cause of market behaviour before the event. Thus, the market tends to consolidate and accumulate/distribute before a key announcement after which you get the breakout.
We will now wait patiently to see 1977 hit and then cross and lock for further movement up towards the upper highlighted levels. Should 1977 fail then we will continue to track back into the retracement range and trade this level to level.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Southwest Airlines Company (LUV) 1W1W Chart, Southwest Airlines Company (LUV) :
MACD : Has been under the histogram since September, 2021, with two attempts to break through the surface, one third move up, should break the ice...
RSI : Has been moving into a band between 31.00 and 55.00
PRICE : Has been steadily moving up after bouncing twice around $30, testing the 100MA signal resistance below the 200MA both signals moving south, allowing space to meet both 100MA Signal and Price around the $36 to test it and eventually keep moving up to test the 200MA resistance around the $40, which is the optimistic approach.
"In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy".
Today this ticker has a Volume of 80K. Market Cap of 17.9B.
This Company PAYS DIVIDENDS TO SHAREHOLDERS (DIVIDENDS YIELD 2.39%)
Southwest Airlines Co. engages in the operation and management of a passenger airline. The firm also offers ancillary services such as early bird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. It operates in the United States, the Commonwealth of Puerto Rico, Mexico, Jamaica, the Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 9, 1967, and is headquartered in Dallas, TX.
Good Luck!
Gráfico de 1 Semana, LUV"]Southwest Airlines Company (LUV) :
MACD : Ha estado bajo el histograma desde septiembre de 2021, con dos intentos de romper la superficie, con un tercer movimiento hacia arriba, debería romper el hielo...
RSI : Ha mantenido un movimiento dentro de la banda 31.00 & 55.00
PRECIO : Ha estado subiendo constantemente después de rebotar dos veces alrededor de $30, probando la señal de 100MA por debajo de los 200MA, ambas señales se mueven hacia el sur, lo que permite un espacio para que ambos se encuentren: la señal de 100 MA y el precio alrededor de los $36 para probar su resistencia y, finalmente, seguir subiendo para probar la resistencia de la señal de 200MA alrededor de los $40, que es el enfoque optimista.
"En este negocio, si eres bueno, tienes razón seis de cada diez veces. Nunca vas a tener razón nueve de cada diez. Descubrí que cuando el mercado está cayendo y compras fondos sabiamente, en algún momento en el futuro serás feliz. Nunca verás un anuncio que diga: "Ahora es el momento de comprar".
Hoy este ticker tiene un Volumen de 80K. Market Cap 17.9B.
Esta Empresa PAGA DIVIDENDOS A LOS ACCIONISTAS (RENDIMIENTO POR DIVIDENDO 2.39%)
Southwest Airlines Co. se dedica a la operación y administración de una aerolínea de pasajeros. La firma también ofrece servicios auxiliares como check-in anticipado, embarque mejorado y transporte de mascotas y menores no acompañados. Opera en los Estados Unidos, el Estado Libre Asociado de Puerto Rico, México, Jamaica, las Bahamas, Aruba, República Dominicana, Costa Rica, Belice, Cuba, las Islas Caimán y las Islas Turcas y Caicos. La empresa fue fundada por Rollin W. King y Herbert D. Kelleher el 9 de marzo de 1967 y tiene su sede en Dallas, TX.
¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER : I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make, and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompaña es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Tether Dominance - showing signs of pivotal movementUSDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level).
Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown.
Green circles represent the current trend resistance hits and USDT sell-offs (crypto market rallies).
With the FOMC meeting starting today and concluding tomorrow, FED announcements will dictate "loss of this support" (market rally) or a "Bounce at support" (market sell-off).
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
Please see our weekly chart update.
As stated last week and same again this week the swing range providing the range to buy dips and yet again we saw this play out with a nice bounce back up from the swing range. However the difference this week is we have a weekly candle body close above 1858 leaving the range above open.
Please remember weekly charts ideas are not one way setups. As you have seen previously, while tracking the weekly chart you we will see swings up and down. The weekly move requires detachment resets that can take a week to hit, making it difficult to establish a intraday setup. We can expect swings down and therefore, we will use our smaller timeframe setups to navigate and trade this range, level to level, while keeping the overall structure in mind.
We have a long range target above that still remains open, giving us further confidence with our long term plans to buy dips.
LAST UPDATE
This is the weekly chart we have been tracking since last year. As you can all see, we tracked this move all the way down and then all the way up level to level. We then saw the reaction on the axis trendline resistance for the move down. This Axis trendline was respected perfectly.
There is still room for further movement down as we are seeing price head towards the swing range. The swing range is a strong support zone and we will likely see a reaction within this range.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
Corning Incorporated (GLW) 1M Trading Analisys (TA)Avi Salzman in the Article titled 5 Stocks poised to profit from renewables, published on the February 27, 2023 issue of Barron's, studies these 5 stocks: GLW, ENPH, FREY, NTOIY & SBGSY, I picked the first to share with you my impressions
1M Chart, Corning Incorporated (GLW) :
MACD : On October 2021, the signals on pierced down from above the histogram and have been diving below the histogram since September 2022, at this moment they are getting close to pierce up from below it.
RSI : The signal bounced on September 2022 at 40.00, steadily moving up after softly bounce twice on the 50.00.
PRICE : Has been steadily moving up after bouncing at $29 on September 2022, over the 200MA signal below the 100MA and is pushing to move above this last one where has found quite of resistance before moving toward $40, which is the optimistic approach.
"In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy".
Today this ticker has a Volume of 785K, Market Cap of 24B.
This Company PAYS DIVIDENDS TO SHAREHOLDERS (DIVIDENDS YIELD 3.30%)
Corning, Inc. engages in the provision of glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications, carrier network and enterprise network products for the telecommunications industry, ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets, laboratory products for the scientific community and polymer products for biotechnology applications, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products and other technologies. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.
Good Luck!
Avi Salzman en el artículo titulado 5 acciones preparadas para beneficiarse de las energías renovables, publicado en la edición del 27 de febrero de 2023 de Barron's, estudia estas 5 acciones: GLW, ENPH, FREY, NTOIY y SBGSY. Elegí la primera para compartir con ustedes mis impresiones.
Gráfico de 1M, Corning Incorporated (GLW) :
MACD : En octubre de 2021, las señales se cruzaron desde arriba del histograma y han estado sumergiéndose por debajo del mismo desde septiembre de 2022, en este momento se están acercando para cruzarce desde abajo del histograma de manera ascendente.
RSI : La señal rebotó en septiembre de 2022 en 40:00, moviéndose constantemente hacia arriba después de un suave rebote doble en las 50:00.
PRECIO : Ha estado subiendo constantemente después de rebotar en $29 en septiembre de 2022, sobre la señal de 200MA por debajo de la 100MA y está presionando para moverse por encima de esta última donde ha encontrado resistencia antes de moverse a $40, que es el enfoque optimista.
"En este negocio, si eres bueno, tienes razón seis de cada diez veces. Nunca vas a tener razón nueve de cada diez. Descubrí que cuando el mercado está cayendo y compras fondos sabiamente, en algún momento en el futuro serás feliz. Nunca verás un anuncio que diga: "Ahora es el momento de comprar".
Hoy este ticker tiene un Volumen de 785K, Market Cap of 24B.
Esta Empresa PAGA DIVIDENDOS A LOS ACCIONISTAS (RENDIMIENTO POR DIVIDENDO 3.30%)
Corning, Inc. se dedica al suministro de vidrio para computadoras portátiles, monitores de escritorio de pantalla plana, televisores de pantalla y otras aplicaciones de visualización de información, productos de redes empresariales y redes de operadores para la industria de las telecomunicaciones, sustratos cerámicos para motores de gasolina y diesel en automóviles y vehículos pesados. -mercados de vehículos de servicio, productos de laboratorio para la comunidad científica y productos poliméricos para aplicaciones biotecnológicas, materiales ópticos para la industria de semiconductores y la comunidad científica, y productos de silicio policristalino y otras tecnologías. La empresa fue fundada por Amory Houghton Sr. en 1851 y tiene su sede en Corning, Nueva York.
¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER : I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make, and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompaña es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
GoldViewFX - Market UPDATEHey Everyone,
Fantastic day today with the swing range completing the full swing.
The 4H setup is now active and we would need to see EMA5 cross and lock above 1836 to re-open the upper levels again.
Our plans to buy dips is still playing out perfectly. Making sure exposure is low to allow management of swings.
BULLISH TARGETS
1836
EMA5 CROSS AND LOCK ABOVE 1836 WILL OPEN 1854 AND 1865
BEARISH TARGETS
1836 - DONE
EMA5 CROSS AND LOCK BELOW 1836 WILL OPEN THE SWING RANGE
SWING RANGE
1811 - DONE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURAUD Short IdeaAggressive Market Outlook!
Price Reaching Rejection Block and QML Level. Bearish Flat in Progress.
Seasonal Tendency and Expected Hike in AUD by tomorrow from 3.35% to 3.60% will strengthen AUD in near future.
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading. The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions.
Patience | Discipline | Trade Management
GoldViewFX - Market UPDATEHey Everyone,
After hitting our first target of 1857 yesterday our last target of 1863 on this setup was not hit today but instead News related volatility drove the price down. We were and are expecting swings due to Powell's two day testimony, which will trigger heavy volatility like today.
We took out any longs from the top and will look to ride back up when volatility settles into organic technical movement.
However, as you can see our 1H chart setup still allowed us to track the movement of the volatility by first breaking the 1845 level with EMA5 confirming the swing range and now the swing range break opening the critical support structure.
Its wise to take extra caution by keeping positions light this week to be able to manage the extreme volatility. If the support structure holds, we should see a back to benchmark move, unless tomorrows volatility breaks through the structure. We will update the range and levels should this break.
BULLISH TARGETS
1857 - DONE
1863
BEARISH TARGETS
1852 - DONE
1845 - DONE
SWING RANGE
1825 - DONE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR