USA
ZN Trading Signals Daily Analysisafter a chart study, the price of ZN will continue its downward trend as long as there is still no signal of the end of this trend, however in my opinion this trend will not continue its decline long enough for the market to make a change of trend, because as we see the graph will soon touch a resistance that we traced (the green resistance) that it is a little difficult to break it, but suppose this break is made, it means the continuity of the downtrend, by tale if the market makes a change of trend direction before it breaks the green resistance, it means a start of an uptrend.
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EUR/USD SO BAD RIGHT NOW, WHAT WILL HAPPEN ¿? DANGEROUS ZONEI really think we could see EUR under USD next months if this down trend continues!!
I am personally taking a little long in EUR/USD at these levels and lowers (buy orders at 1.04/1.00/0.95) because my spends are in EUR but my investments in USD, so if price EUR/USD go to 1=1 again... Is it an opportunity to swap USD (markets assets) to EUR (bank/cash) for me... Its okay :)
If you have USD in cash/bank and you wanna buy EUR cheaper, just wait a little more because I believe, its very possible to see EUR/USD under 1.00 this year!! Anyway, NOT FINANCIAL ADVICE. Always take your owns risks and keep calm. PURA VIDA
US100 BEARISH Short/Medium TermAfter the price was rejected in the 15,000 area, It confirmed the bearish view with a new short impulse. I analyzed areas where the price could use as support. This negative impulse could cause by the forecast of a hike in interest rates over 0.5 pti in the next FED meeting in May. Mainly to contrast the high inflation.
For the next week the price could:
1- Return to the demand zone around 14,000, then check how the price acts on it.
2- We could also observe the next week a break-out of the bottom in the 13,000 area. If it was done, It could fall to roughly 12,300.
Totally, US100 showed signs of weakness from the new year, so we have to stay updated daily on markets to dynamics to lead analyzes with more accuracy.
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United States Oil Fund (USA: $USO) Is Still Mega-Bullish! 🔥The United States Oil Fund® LP (USO) is an exchange-traded security whose shares may be purchased and sold on the NYSE Arca. USO’s investment objective is for the daily changes, in percentage terms, of its shares’ net asset value (NAV) to reflect the daily changes, in percentage terms, of the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the Benchmark Oil Futures Contract. Specifically, USO seeks for the average daily percentage change in USO’s net asset value, for any period of 30 successive valuation days, to be within plus/minus 10% of the average daily percentage change in the price of the Benchmark Oil Futures Contract over the same period.
NASDAQ 100 Index (USA: $NDX) Shows Perfect 0.786 Wick Thru! 🕯️The Nasdaq 100 Index is a basket of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. The index includes companies from various industries except for the financial industry, like commercial and investment banks. These non-financial sectors include retail, biotechnology, industrial, technology, health care, and others.