Euro has broken down it's giant Weekly Bearish Flag , forming within the pattern an uptrend coming from the lows of 0.95 , dating back in September 2022. Having faced resistance at 200EMA *W (1.10) and printing a Doji at that particular Candlestick , signaling so, an end to the uptrend. A down-trend has been established, momentum of which, broke down the bearish...
BITMEX:XBT is fighting to maintain it's uptrend after facing resistance on 200EMA, with the nearest below support coming at 25.000$ Level Zone ; (CHoCH + 0.618 Golden Zone) Breaking the recent HigherLow at 25.785 $ will confirm more the Triangle breakdown and the loss of S/R zone. For now, this level is a small CHoCH of the previous low inside S/R zone of...
All Eyez on TVC:DXY ! The Fate of other Financial Markets is to be decided on X Date of Debt Ceiling Important Candlesticks prints on *2W and *W Dollar Index seems to been having stuck between the range of 100.8 - 105.9 so far speaking of 2023's Price Action However, with the incoming decision of Debt Ceiling this range can very well be violated on it's...
-Surveying TVC:DXY on 1 Hourly (tf) and it's series of Higher Lows. Breaking the Structure of recent previous x2Top and Resistance Trendline would nullify the 1H* Downtrend (Rounding Top) in terms of Price Action, with TVC:DXY heading Higher. A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf) TRADE SAFE *** Note that this...
$APPL has well established its Throne as The Champions of Branding in this era of capitalism. When it comes to their Sell Revenues, their Year to Year iPhone updates and other accessories coming with salty prices at lofty figures come to help, as a result of theirs using the Apple brand extensively, trying to get the most out of it, and with no blame...
TVC:DXY testing today the Golden Zone of the last LH-HIGH fibbonnaci level. Lose 0.618, 103.36 incoming for The Dollar Index. Bullish momentum of 50 & 200 EMA Golden Cross would also act as Support coinciding with 103.3 level, in case TVC:DXY fails to close above 0.618 zone. Meanwhile CRYPTOCAP:BTC seems to have broken Character of 25K, with a Daily Close...
All you need to know about #bitcoin and where it's at , Fundamentally and TA speaking ; Fundamentally, there is a mixed feeling between Bulls and Bears. They both have their solid case ; Recently #bitcoin has been fueled in price by the Banking Crisis which is likely to continue, and Feds may be on no support of banks bailout, as the US Debt Ceiling has reached...
Big Move incoming for Dow Jones Industrial Average. AMEX:DJIA has created Triangle's Apex approaching the end . Note that this is a Neutral Pattern, it can go each ways ; Bearish and Bullish. (depending on TVC:DXY , Geo-Politics & Macro Economics conditions) For now, it's better to observe and stay sharp and await for further confirmations. Nothing is clear...
CRYPTOCAP:BTC.D is breaking the 45 degree trendline, indicating further downside around 45% mark . There it will find stop as support looking from the left of previous candleticks priny, as well the Red 50EMA coming from Below. If these two do not hold, then await for white trendline support if you want to buy Altcoins cheaper while adding them in to your...
Silver closed a lofty 7%+ in to last weekly close, putting it's price at 20.84$ per ounce. Corrections may be anticipated on the short term time frame. On the other hand, Macro seen on logarithmic scale, Silvers seems to be trading inside a bullish pattern (ascending triangle) which may take quite a while to break-out to the upside. Just found it interesting to...
Gold closed last week on +3.15 % positive momentum. Currently it's the last quarter of 2022, Q4. Week left behind was a week with increased Feds Rate Hikes and economic data of unemployment rate. Technically $XAU's rally still intact and poised for rallying higher in price on the long time frame. I guess that timeframe is no good when it comes to Peter Schiff's...
#Bitcoin has been sitting for a while at very good buying zones. Great Opportunities when it comes to long term perspective, considering Bitcoin as an asset of your portfolio to own. 2022 was a Year of Drastic Bearish Price Action for Financial Markets and Cryptocurrencies, wiping out all gains made since 2020's Covid-19 pandemic health crisis, in which Interest...
It's time for A Dollar story ! 2022 will be amongst the years of many other Ballads to speak about The World's Reserve Currency . $DXY rocked on vertically throughout 2022 due to Fed's Policies increasing interest rates trying to bring inflation down, while it's ascend started back in May 2021. It's been hell of a journey tracking $DXY since Covid-19 Health...
And Always Remember NOT TO : - LIVE for it - DIE for it - Turn yourself in to a SLAVE for it - Sell the most precious Asset owned, Your TIME - Fall in LOVE with it - Get BLINDED by it - Be GREEDY for it - Do others WRONG to own it - Betray OTHERS TRUST to own it - Put others DOWN if in abundance you own it - FORGET your LOVED ONES for it You and I BOTH Got...
TVC:DXY has been showing signs of strength after Banks Failures, printing what seems to be a Double Bottom at 100.8 Despite uncertainty over the Banking Sector, there is definetely some Room for Growth to 105-106 regarding TVC:DXY Dollar Index Reaching such a target, would put TVC:DXY on Major Critical Resistances areas : - Broken Macro Trendline (in...
$DXY (Dollar Index) and $BTC (Bitcoin) sitting at very Crucial Pivotal Points , awaiting ahead Fed's Interest Rates Decision and Meeting today. $DXY techincal support at 102.7 and Bitcoin facing to the upside a strong resistance at 29.3K (1.618) We've seen Dollar plunge with the Banks Collapse, while Gold and Bitcoin have ripped to the upside as hedges assets...
Japan's consumer prices rose 4 % in December from a year earlier, a level not seen since December 1981, fueled in part by higher energy bills, government data showed Friday . The acceleration came after a 3.7 % increase in prices in November, as the data from the internal affairs ministry showed inflation for the 2022 calendar year stood at 2.3 % . The figures...
$DXY is currently struggling at a very crucial point during it's long-term uptrend direction of approximately 2 years span. Having experiencing a vertical rally throughout 2022, it ended the year in a downtrend spiral breaking Price Action structures. This can all well be a correction phase during it's uptrend trajectory, but that is yet to be seen on what the...