AirBNB will present its quarterly figures tomorrow. For us, the share is a buy ahead of earnings for the following reasons: The share is currently trading along its long-term mean, so there are no signs of any exaggeration in the price. The daily and weekly charts also show a hidden bullish divergence in the OBV. We expect the AirBNB share price to rise to the USD...
USDCAD, like many other currency pairs on the USD, has still not closed its NWOG. On the contrary: in view of today's US elections, the exchange rate has fallen further. With the political decision imminent and important support areas reached, there is now a favorable opportunity for a long entry in the USDCAD targeting the gap close.
Like many other currency pairs on the US dollar, USDJPY also opened with a downgap this week. This was still not closed and turned out to be a break-away gap with further price losses. The upcoming decision in the race for the US presidency is likely to be accompanied by high volatility. We expect USDJPY to close its gap soon. This assumption is also based on the...
Bitcoin is in a significant support zone after a sell-off. We are taking the opportunity to open a long position, which should take us back above the USD 70,000 mark.
The current correction in SOLUSD is attracting buying interest. The indicator shows divergences in both the RSI and the CumulativeVolumeDelta. This opportunity offers a good short-term chance for a long entry. We select the area of the bearish wicks between USD 167 and 168 as the target zone.
The quarterly figures from META and Microsoft were met with a mixed reception, and the NASDAQ fell accordingly in the after-hours trading. We are nevertheless positive for the NDX, which does not open until 09:30 ET, due to a very pronounced hidden bullish divergence in the OBV. We expect an initial sell-off into the entry zone and then a run-up to today's highs.
The gold rally is unstoppable. Now is the time to jump in and ride along on the way to the inevitable USD 3000 mark? Caution is advised here: The OBV shows clear bearish divergences. We are by no means pessimistic about gold, but consider it too late to go long at the moment. We have therefore drawn two buy zones in the chart. The price should stabilize at these...
A long idea for the EURUSD based on a hidden bullish divergence and a subordinate uptrend that has established itself after the major downward movement from the USD 1.12 level. The price target has been chosen conservatively to ensure that we also profit from the trade if it does not initiate a trend reversal but is merely corrective.
Ahead of the quarterly figures, AMD presents a medium-term bullish picture. The OBV shows a long-term hidden bullish divergence, while the price is trending upwards. We therefore expect the price to move towards USD 169.50 in the near future as there is an unmitigated order block and a potential liquidity grab.
After the significant price losses, a recovery in the Dow is expected on the last two trading days of this week. The price target lies between the 38.2% and 50% retracement of the entire downward movement, which is a conservative choice.
The semiconductor sector is reeling after alarming statements from ASML, and NVIDIA is also down significantly. Is now the time for BTFD? From our point of view: Not yet. We expect the NVIDIA share to reach the USD 125 mark first. This is the 38.2% retracement of the last upward movement and the start of a significant support zone in the volume profile.
GBPJPY shows signs of renewed weakness after bearish volume divergences. We expect price losses in the area of the unmitigated order block. The short idea offers an RRR of around 1.9:1.
Alongside BTC, SOL has also rebounded from recent price losses. Is now the time to go long and aim for new all-time highs? In our view: almost. The market remains tricky, and further setbacks are expected, though an overarching upward trend is emerging. Currently, we see a short- to medium-term short setup for SOLUSD, as indicated in the chart. New opportunities...
That was a big bang in the oil. However, in view of the fragile geopolitical situation, it remains questionable whether the price losses are sustainable. We expect WTI to return to around USD 73.80 and are therefore opening a long position with an RRR of around 1.7:1.
After a pronounced downtrend, EURUSD is showing signs of stabilization. This is supported by bullish divergences in volume. We are opening a long position with an attractive RRR of around 1.9:1.
The price of WTI stabilized during the recent corrector in the area of the 61.8% retracement of the upward movement between 9 and 10 October 2024. The reaction was clean, so it is reasonable to conclude that the price respects the mark. Against this backdrop, we are opening a long position with an extremely favorable RRR of around 3.2:1.
According to Fibonacci, the NASDAQ still has some room to rise after bouncing off 61.8% at the beginning of September 2024. This results in a price target of around 20,945 points. This is in line with the previous all-time highs and fundamental decisions in view of the upcoming US elections.
After the recent rally, the USDCAD currency pair is showing the first signs of weakness and the RSI is bearishly divergent. The price has fallen below the VAH of the recent upward movement. We therefore expect the POC of the last impulse to be reached.