Ochlokrat

Ochlokrat Updated 

While Bitcoin is close to its all-time high of March 2024, altcoins such as Ethereum are lagging behind. However, ETHUSD is also set for price gains in the near future. The price has stabilized at a fair value gap and is now showing bullish price action. The DMI (Weekly Chart) is also showing a change in the sign of the trend from bearish to bullish. We are...

Ochlokrat Updated 

It may be an unpopular opinion, but we see the SPY and thus the SP500 dumping massively. This hidden bearish divergence is enormous and it would almost be a miracle if it is resolved without a sudden, sharp price drop.

Ochlokrat Updated 

With the PCQ reaching the levels of August 2024, a bullish reversal should be imminent after the sell-off of the last few days. Enjoy the winter rally!

Ochlokrat

Within the last few trading days, the Dow has completely reversed the Trump rally. Now it seems to be time for a recovery. The Dow has reached an important FVG, and the positive/negative volume analysis shows at least a short-term buy low.

Ochlokrat Updated 

GBPJPY collapsed last Friday after a prolonged consolidation phase. It is likely that this trend will continue. We expect the price to fall further to at least 190.70, and prices below 188 cannot be ruled out given the current downward momentum.

Ochlokrat

The crypto rally is not over yet. Some altcoins that have come under fire also appear to be attempting to recover. MATICUSD, for example, has stabilized at the lows of June 2022. The price target for our long trade is below the 38.2% retracement of the downward movement since March 2024 and has therefore been chosen conservatively.

Ochlokrat

NVIDIA showed clear signs of recovery in the last hour of trading on Friday. Ahead of the quarterly figures, it can be assumed that the share will rise moderately (in line with the overall market). As we are unable to assess the market's reaction to the figures, open long positions should be closed before publication.

Ochlokrat

The fall in the EURUSD is unstoppable. The currency pair repeatedly broke off minor recovery attempts. In view of the strong trend momentum, we expect further price losses, which should take EURUSD to the lows of October 2023.

Ochlokrat

CADCHF has reached an important resistance area and is developing clear hidden bearish divergences. This offers us the opportunity for a short-term short trade in the currency pair.

Ochlokrat Updated 

In the midst of a significant rise, USDJPY is tinkering with the next ignition stage: a very pronounced hidden bullish divergence can be found in H8, which should significantly extend the uptrend. The price target selected here is conservative; it is also possible that USDJPY will head straight for the high for the year.

Ochlokrat Updated 

Silver has seen significant price losses in recent years. A bearish Evening Star pattern has now been established on the weekly chart, which makes a further price decline likely. We are also taking a bearish stance in the medium term and expect the price to fall to the target zone. Although this is below the USD 30 mark, the overarching uptrend in silver would...

Ochlokrat

That was a hard blow for the GBP bulls today. After the sell-off, GBPUSD has now reached important support zones from the higher timeframes, which offer us favorable opportunities for a short-term long entry. Watch your risk and SL setting as this idea is trading against the clear trend.

Ochlokrat Updated 

The EURCHF currency pair reacted to the outcome of the US elections and the collapse of the government in Germany, the eurozone's largest economy, with significant price losses. We assume that the downtrend will continue, but recommend waiting for a pullback to the 0.9412 area before going short again in order to optimize the RRR for the trade.

Ochlokrat Updated 

NZDUSD has been in a stable downtrend for days. The currency pair has always broken off tentative recovery attempts after a short time. It can therefore be assumed that the downward trend will continue. However, traders should wait for a pullback to the zone shown at 0.5975 before entering short again in order to optimize their RRR.

Ochlokrat

A very bearish scenario is looming for the WTI: After the price was rejected on October 7, 2024 at the 61.8 retracement level of the downward movement between April and September 2024, there is now a threat of a price slide well below the USD 60 mark according to the Fibonacci analysis.

Ochlokrat Updated 

Following the US elections, the EURUSD currency pair is still in turmoil. However, the lows from election night appear to be holding and bullish divergences are forming between price and volume trends. We are taking advantage of this to take a long position in the EURUSD with an attractive RRR of around 1.9:1.

Ochlokrat Updated 

Donald Trump's election victory is shaking up the international markets. Gold was also affected, losing drastically in value and slipping well below the USD 2,700 mark. Now the next big event is approaching with the Fed's decision tomorrow. We are bullish on gold, at least in the short term. The price reacted at a Fibonacci retracement and was able to halt the...

Ochlokrat Updated 

Having found support, GBPJPY is expected to move at least to the 197.75 area in the short term. This is the minimum target, as we could also see a larger move towards the round 200.00 level.