1. Understanding the Target (35,532 Ticks) 1 tick in NAS100 (CFD/Futures) typically represents 0.25 index points (varies by broker). 35,532 ticks = 35,532 × 0.25 = 8,883 points. This suggests a long-term bullish outlook if starting from current levels (~18,000-19,000). 2. Key Analysis for NAS100 Forecast Trend: NAS100 is strongly influenced by tech stocks...
USDCAD Bullish Forecast (54 Pips) Current Price: Check live price (e.g., ~1.3650). Target: 1.3704 (+54 pips from entry). Stop Loss (SL): Below support (e.g., ~1.3620, 30-pip risk). Key Levels: Support: 1.3630–1.3620 (pullback zone). Resistance: 1.3700 (psychological level), then 1.3750. Bullish Drivers: USD Strength: If Fed signals hawkish policy or risk-off...
1. Technical Setup (Potential Reversal/Bounce) Support Zone: If EUR/AUD is near a key support level (e.g., 1.6000-1.5950), a bounce toward 1.6070-1.6100 (+70 pips) is possible. Oversold RSI: If the RSI is below 30 and starts turning up, it signals a potential rebound. Bullish Candlestick Patterns: Look for hammer, engulfing, or morning star patterns near...
27,069 pips (43.769 USD/MXN) is unrealistic under normal conditions. A 3,000-5,000 pip move (20.00-22.00) is possible in a crisis scenario. Monitor Fed policy, Mexico’s politics, and oil prices for clues.
The USDCAD pair could be poised for a 100-pip bullish move based on current technical and fundamental factors. Here’s the analysis: Key Reasons for a Bullish Outlook: Technical Setup: Support Holding: If USDCAD is bouncing off a key support level (e.g., 1.3500 or 1.3600), a rebound toward 1.3700-1.3750 (+100 pips) is possible. RSI/Oversold Bounce: If the RSI...
GBP/USD Bearish 90-Pip Forecast: Analysis & Strategy Current Market Context: As of the latest data, GBP/USD is trading around 1.3800. A 90-pip bearish target would place the pair near 1.3710. Below is the rationale and actionable plan: Key Drivers for a Bearish Outlook Fundamental Factors: UK Weakness: Dovish Bank of England (BoE) rhetoric, soft UK...
a prediction might be justified and what factors to consider: 1. Fundamental Analysis U.S. Economic Strength: Strong U.S. economic data (e.g., GDP, Non-Farm Payrolls, CPI) could boost the USD, pushing EUR/USD lower. Hawkish Federal Reserve (Fed) rhetoric or rate hike expectations could strengthen the USD. Eurozone Weakness: ...
Technical Analysis: Look for key support and resistance levels, candlestick patterns, moving averages, and other technical indicators that could signal a potential bearish move. Fundamental Analysis: Economic reports like GDP, inflation rates, employment figures, and central bank policies (Bank of England and Federal Reserve) can have a significant impact on the...
The US30 (Dow Jones Industrial Average) is a popular index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange and NASDAQ. A forecast of a 9,000 pips bullish movement in the US30 would imply a significant upward trend in the index. Here's a breakdown of what this could mean and factors to consider:
Technical Indicators: A break below a key support level. Bearish candlestick patterns such as shooting stars or engulfing candles. A negative crossover in moving averages (e.g., 50-period crossing below the 200-period). RSI (Relative Strength Index) showing overbought conditions, signaling a potential reversal. Fundamental Factors: Economic...
1. Technical Analysis Trend Indicators: If EURCAD is in an uptrend on the 4-hour or daily charts, you might expect continued bullish momentum. Support Levels: Look for key support levels that the pair has held above recently. If EURCAD is bouncing off a support zone (such as a moving average or horizontal support), it may provide a strong signal for a...
1. Technical Analysis: Trend: Check if NZD/CAD is in an uptrend on the daily or 4-hour chart. Look for higher highs and higher lows. Support/Resistance: Identify key support levels where the price might bounce. A break above resistance could signal further bullish momentum. Indicators: Use tools like RSI (Relative Strength Index) to check for...
Technical Analysis: Look for key levels of resistance that might act as a ceiling, and also support levels that could be breached during the decline. Indicators like the RSI, MACD, or moving averages might help confirm the bearish momentum. News and Events: Keep an eye on economic news, central bank statements, or geopolitical developments, as these can strongly...
conomic Data: If recent economic data (such as strong U.S. employment numbers, GDP growth, or inflation figures) are positive, it could support a stronger U.S. dollar. Oil Prices: Since Canada is a major oil exporter, a drop in oil prices may weaken the Canadian Dollar, making the U.S. dollar more attractive. Central Bank Policies: Any dovish stance from the Bank...
Resistance: Look for recent highs or key resistance levels where price might struggle to break higher. Support: Identify strong support levels where the price might find a floor or reverse. A break below a key support level could trigger further bearish movement, especially if there is a pattern like a break of a trendline, a double top, or a...
Entry Point (Bearish): If the EUR/USD has recently experienced a strong downtrend, you could consider entering a short position at a resistance level or retracement level after a pullback. For example, a rally to the 38.2% Fibonacci retracement level might provide a selling opportunity if the overall trend remains bearish. Take Profit at 38.2% Retracement: This...
Bearish Forecast Explanation: Bearish means you expect the NAS100 to decline in value. You're targeting a move down by 800 points. Your stop loss is set at 300 points if the trade moves against you. Risk-to-Reward Ratio: The risk-to-reward ratio (R/R) is a critical aspect of this setup: Risk = Stop loss (300 points). Reward = Target profit...
Technical Analysis: Chart Patterns: A bullish pattern like an ascending triangle, bullish flag, or double bottom could suggest that EUR/CAD is poised for an upward movement. Support and Resistance: If the pair has recently bounced off a key support level and is approaching resistance, breaking through resistance could result in a 100-pip rise. Moving...