Key takeaway : CME_MINI:NQ1!
NQ has broken structure and is retesting a previous area of resistance
Strong demand
channel indicating strong bullish presence overall.
I expect continuation to the upside during coming days.
Take away points :
- XAUUSD has been in a good uptrend for the last couple of months, mainly driven by Central banks demand for Gold.
- We had a break of structure to the upside on the left followed by a trendline bullish break, which indicate strength to the upside.
- Price is currently retesting a minor H4 zone, monitor this area for bearish exhaustion and...
BINANCE:ETHUSDT
Key take away points :
-Ethereum has been uptrending for a long time already.
-We did not break previous ATH yet.
-I believe we are in the alt season, and ethereum is just getting started.
-I expect price to break previous ATH within months, and to potentially reach 5-6K USD.
Key take away poins : FX:EURUSD
Fundamental :
The Euro has been weaker because of USA's tariff on the EU. Which caused an increased demand for USD, as the tariffs supports US economical growth, which boost the short term currency strength.
Technical :
EURUSD has made a break and retest of a previous SnR area.
We printed a H4 engulfing after we swept...
