AUDUSD Forecast Buying OpportunityHey traders, we are monitoring AUDUSD for a buying opportunity around 0.717 zone, once we will receive any bullish confirmation the trade will be executed. I see a long-term movement of the pair. First the trend line has been retested for the several times and the AUD index shows a long-term upward price movement. Wait for the break out of the trend line , retest and you are free to take a trade.
Disclaimer
Trade safe, by Kachala
USA
NAS100 ShortHey traders, in today's trading session we are monitoring NASDAQ for a selling opportunity around 14500 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
$UVXY market hedge*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
You NEVER want to see the market rally in a bearish market right before an important CPI inflation report. A lot of stocks are looking bullish right now, but sentiment could flip quickly tomorrow.
My team will be using $UVXY as a market hedge. We entered in premarket at $12.60. Our take profit is yet to be determined but our stop loss is set at $11.50
ENTRY: $12.60
STOP LOSS: $11.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
USOIL, The path to 100Hello everyone, as we all know the market action discounts everything :)
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Oil prices recovered losses after falling more than 3% the previous session, as investors assessed the impact of reducing Russia-Ukraine tensions against a tight global supply-demand balance.
The market seems to be moving in a positive way after seeing the Oil prices rise mainly because of the tensions between Russia and Ukraine and today it's trading at 92.90 per barrel with a Bullish candle showing on the charts.
We might see a drop back to the main support area located near the 84$ zone where a big battle will happen between the Bears and the Bulls over control with the outcome being most likely to the Bulls.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the zero line indicating a Bullish market with a positive crossover between the MACD line and the Signal line.
3) the RSI is at 66.48 showing Great strength in the market with no Divergences found between the market and the indicator.
Support & Resistance points :
support Resistance
1) 90.27 1) 96.47
2) 86.38 2) 98.78
3) 84.07 3) 102.67
Fundamental point of view :
Moscow's statement on Tuesday of a partial army withdrawal from Ukraine's borders was treated with skepticism, with US President Joe Biden warning that more than 150,000 Russian troops were stationed near the frontiers.
Aside from the Ukraine crisis, the oil market remains tight, and prices are still on track to reach $100 per barrel.
While the Ukraine situation raged on, the US Labor Department revealed that producer prices rose by the highest in eight months in January, a reminder that high inflation may remain for the rest of the year.
Investors are looking forward to the Energy Information Administration's weekly report on US oil inventories, which is due on Wednesday.
Last week, crude and distillate inventories in the United States may have fallen by 1.5 million to 1.6 million barrels.
According to market sources on Tuesday, data from the American Petroleum Institute revealed a decline in crude, gasoline, and distillate stocks last week.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
UKOIL Short IdeaOil Markets are currently trading at the highest levels since 2014 after just reaching the 96 area. There has been a small retracement from this high to the current region (93.88). The RSI indicator on the higher time frames show very overbought levels which show that price could fall from this area down to the previous resistance zone. The target of this short idea is the previous resistance level at 90.88, this is a 3% gain for 1% of risk (stop-loss at 94.89).
DOW JONES (US30) TREND CHARTHello trading friends,
This is an update for the US30 trend depending on the last trend.
We see a panic trend on the stock markets depending also on the Russia and Ukraine news trends.
Out of what I expect and find from the situation, will only add depending on TA.
In the chart, you find that we hit at this moment the blue trend line what the same time means a powerful line that could bring trend step by step back.
As long US30 not hit the 33100 with confirmation line and time frame, I see no reason for a further breakdown on this low time frame.
It's an interesting time, where Long and recovery trend high possibility have.
Have a great day.