The NASDAQ remains volatile, but has not yet undercut its lows from the beginning of the month. The correction since the explosive rise from the yearly lows remains within limits, and the market was able to recover quickly and significantly from today's lows. We are therefore optimistic, at least in the short term, and are taking the long position shown up to the open gap.
USDJPY is in a pronounced downtrend. We expect the price to move at least into the range of the lows from September 2024. Before entering a short trade, however, we recommend waiting for a small return to the entry area shown in order to optimize the RRR. It should also be noted that we are currently in a support zone that formed over the course of last year.
April is wild. So take a deep breath and ... relax. Because for traders with a longer-term investment horizon, now may be THE time to buy. A look at the QQQ in the big picture shows that extremely strong bullish divergences have built up in the cumulative volume delta. Yes, the crash was fast and violent. But, as we know: Fast is fake. It can therefore be assumed...
Wohooo... These days are wild! Now let's take a look at how the day can develop, because... the market, at least the NASDAQ, doesn't look that bad anymore. We are seeing the first signs of a bottom. However, it can be assumed that the market will dip again at the opening. There is a bullish order block in the area shown, which coincides pretty much exactly with...
The NASDAQ was able to recover temporarily today. Whether this recovery is sustainable remains questionable. After the close of trading, Trump will announce his decisions on tariffs - turbulence is guaranteed. The normalized RSI shows inverse bearish divergences in the area of an important order block, from which one could profit with the setup shown.
The upward trend of the EURUSD appears to have come to a halt for the time being. On Friday, we saw in the H1 chart that the price was clearly rejected in the area of an order block at around 1.0845. We therefore expect the price to turn bearish at least at the beginning of this week.
The gold price finally reached the magical USD 3000 mark a few days ago. However, a look at the volume calls for caution, as a setback could be imminent. We are seeing significant outflows at the top and selling in strength. Although we do not expect a bearish reversal in the big picture, a setback of around USD 150 to 200 in XAUUSD is not unlikely.
Trump is shaking up the markets. Contrary to the expectations of many market observers, the dollar is showing surprisingly significant weakness. If we look at the GBPUSD chart, we see a brilliant rally. However, the price has weakened recently, which is why we expect a temporary correction of the bullish trend to the target zone shown. The trade offers an...
Attention, traders! In the current sell-off we have very high values in the PCQ (put-call ratio on the NASDAQ)! The stocks are trading above the highs that initiated a bullish reversal in August 2024, for example. The following chart shows two potential targets for a long trade.
The US CPI data will be published tomorrow. EURUSD has recently stabilized above the 1.03 mark, but remains weak. The big picture shows a desolate situation, which suggests that the market will test the lows from 2022 in the coming weeks. This assumption is confirmed by a look at the liquidity zones, which indicate significant support for EURUSD only at around 0.97.
After weeks in a downtrend, the EURUSD appears to be stabilizing. The beginning of an upward trend has recently emerged, which is still fragile but has the potential to bring the price back into the area well above 1.05. From the target zone shown, a renewed price decline is to be expected.
In GBPJPY, various indicators show pronounced bullish divergences in the major time frames. The candlestick chart also shows a consolidation formation at a high level, which suggests an imminent upward breakout. This idea shows two possible targets for a long trade: a conservative and an aggressive target.
The effects of the ceasefire in the Middle East are now beginning to be reflected in the price of WTI. We currently expect the rally of recent weeks to be largely reversed and assume that the WTI price will approach the USD 73.30 mark.
After today's upward trend, a short forecast seems like a joke. Nevertheless, it can be observed that the Tesla share has cleared the liquidity in the upper Wick of January 6, 2025 at this very moment. This same liquidity is still present in the lower wicks at just over 370 dollars. With a short trade, we are trying to profit from a renewed downward movement if...
A short and simple short idea for MSTR: We wait for the price to touch the gap without closing it. The recent interim highs, where sell-offs occurred, allow us to set a tight stop. We then expect prices to fall significantly into the range of the take profit shown.
Following the strong US economic data, the markets are in panic mode: Hopes of further interest rate cuts are fading like ice cream in the summer sun. A look at the TLT chart does not bode well. The monthly chart shows extremely strong hidden bearish divergences in the OBV. I have written an indicator for private use that draws these divergences clearly visible on...
The US labor market data to be published on Friday is likely to cause further distortions on the currency market, which will also affect gold. Massive hidden bearish divergences have built up in the gold price in recent weeks. The price is currently trading slightly below the overarching downtrend line, so we expect a significant downward movement.
The NASDAQ remains weak. After the significant price losses on Tuesday, strong hidden bearish divergences are now establishing themselves in the OBV. In view of the political and economic uncertainties, pressure on the NASDAQ is likely to increase in the coming days. A possible catalyst could be strong labor market data, which makes further interest rate cuts less likely.