Over the past few days, the pair has been in a sideways consolidation pattern between the 1.19500 resistance level and the 1.19000 support level. The price has been moving back and forth within this range without a clear direction. Looking at the recent price action, there was a failed attempt to break above the 1.19500 level, with the price pulling back towards...
it appears that the US30 index has been in a strong uptrend since early March 2023. Over the past few days, however, there has been some consolidation and a possible pullback in prices. Looking at the range from 34160 to 33000, we can see that the market has been trading within this range for a few weeks. The recent consolidation and pullback has brought prices...
Lots of investors have set risk to 34'000 which is a psychological number. Once that is broken on the rally up a sharp decline with a massive sell off in January 2023 should occur taking out both side of market participants. Sellers will be trapped in a short squeeze while buyers will be pushed out of the market during the sell off phase.
Unfortunately BitCoin seem to can't find any new buyers so price will ultimately go much lower.
The fundamentals as well a technical analysis both agree that prices will go higher after the correction to around 7.0 7.50 USD giving a great opportunity to buy Natural Gas for the coming months until around 12 USD has reached. With a BuyLimit Order at around 7.50 USD and a TakeProfit 12 USD
GBPUSD loosing steam and hitting some resistance on 1.86280. SL could be around 1.87150 with TP 1.85400.
Facebook has announced to change it's name to Meta and add virtual reality as a social platform. Great opportunity to buy the dip in this case as fundamentals and technical show an opportunity to buy this market.
A nice little correction has happened with Moderna. The coming weeks we should have a strong bullish move that pushes this stock to 500 an possibly higher . My TP is set to around that price.
The ECB and the FEDs will start tapering off their assets, which made investors quiet nervous by dropping the markets to lows of last Thursday and Friday. Long time investors are still heavily invested and will take longer to adjust. Volatility for the long time investor must occur on a much longer timeframe. I see perhaps a new entry point for the Markets that...
The ECB and the FEDs will start tapering off their assets, which made investors quiet nervous by dropping the markets to lows of last Friday. Long time investors are still heavily invested and will take longer to adjust. Volatility for the long time investor must occur on a much longer timeframe. I see perhaps a new entry point for the Markets that can reach even...
Looks like the bottom has been rejected and Crude Oil prices are on rise again.
Bitcoin to go down to support levels. Fibonacci levels as well as upper band has been reached .
Commerzbank buyers are taking profit and the market is in trend reversal. Take Profit at around 5.18 and possibly lower.
After this strong parabolic rise a correction to the fair value of this market is expected.
Credit Suisse is a strong bank with ties all over the World. The past problems will be resolved while risk management will be tightened to give the bank a strong bullish outlook for some years to come. The stock is in a strong and volatile bullish channel and should continue. This is a great opportunity to go long.
Pfizer is going down to the level of the channel
Caterpillar had a great Santa rally but is loosing momentum and is up for a reversal
Tesla had a great run but is up for a short and reversal to September levels