ongoing concerns about demand, alongside mixed global economic data, may weigh on oil prices in the short term. I'm anticipating a move lower, targeting key intraday support levels. Stops will be placed above recent highs to manage risk, while looking for continued bearish momentum as the market corrects from overextended levels
The Euro is facing downward pressure, as recent economic data out of the Eurozone has shown weaker-than-expected performance. Combined with a stronger U.S. dollar driven by relatively higher interest rates and stronger U.S. economic data, the Euro is struggling to maintain its ground.
Crude oil is set up for a potential intraday bullish move, with prices showing resilience off recent support levels. Market sentiment is leaning toward higher prices, fueled by continued supply constraints and positive demand outlooks.
Despite recent headwinds, the currency is finding support as traders digest a mix of economic data and central bank comments. With some stabilization in economic conditions and a slight shift in market sentiment toward riskier assets, I’m anticipating a bullish correction.
Crude oil is set up for a bullish move, driven by supply-side constraints and stronger demand. Recent inventory reports have shown lower-than-expected stock levels, signaling tightening supplies. Additionally, OPEC's continued production cuts and geopolitical tensions are likely to support oil prices in the near term. I'm anticipating a rally toward key resistance...
With the U.S. dollar gaining strength due to relatively higher interest rates, the Euro is likely to face headwinds. Additionally, mixed economic performance across the Eurozone further weighs on sentiment. I'm looking for continued downside momentum in Euro futures, expecting a retest of recent support levels.
A resurgence of buying interest is being observed, fueled by increasing institutional adoption and renewed interest in digital assets. I’m looking for Bitcoin to continue its upward movement as market confidence grows
A resurgence of buying interest is being observed, fueled by increasing institutional adoption and renewed interest in digital assets. I’m looking for Bitcoin to continue its upward movement as market confidence grows.
Crude oil is gaining momentum, with market fundamentals supporting a potential rise in prices. Ongoing supply constraints, alongside steady demand, provide a favorable backdrop for further gains. With crude oil finding support at key intraday levels, I'm looking for a move higher toward the next resistance zone. Entering long on pullbacks offers a good opportunity...
Looking for a bullish continuation in the DXY, targeting a push toward yesterday’s intraday highs. Despite some volatility, the dollar has shown resilience, supported by steady U.S. economic data and elevated interest rates compared to other major currencies.
I’m targeting a move up into the next resistance zone, with tight risk management to protect against volatility. Stops will be placed just below recent support, and the trade will be reassessed as new data releases unfold.
I’m anticipating a gap up into intraday resistance, followed by a relatively quick retracement to fill the gap. Once the gap is filled, I'm looking for bullish continuation as buyers regain control. This setup presents a solid opportunity to enter long positions during the pullback, with a focus on capturing the potential upward momentum after the initial retrace.
Back to square one on the crude oil position, currently sitting at breakeven with a combination of a 1% loss, 1.5% win, and a 0.50% loss. Given that both the intraday crude charts and DXY are finding support at key levels, I see this as a prime opportunity to re-enter the market with a clearer view and a bit better RR. The market seems poised for a potential...
Crude oil is gaining strength as global demand continues to rise, while supply constraints persist. Geopolitical tensions, OPEC production cuts, and a steady decline in inventories are all contributing to upward pressure on prices.
I’m expecting a bullish move in oil prices. This setup looks favorable for long positions, targeting the next resistance level as the market responds to improving fundamentals like reduced inventories and heightened geopolitical risks affecting supply.
Gold is showing signs of weakness after testing resistance during the early trading session. With recent volatility and strong moves in the U.S. dollar, I’m expecting bearish momentum to continue intraday.
I’m looking for potential short opportunities as sellers begin to step in. My approach here is to capitalize on the expected pullback, with a target toward the next support zone. Given the current global market uncertainty and dollar strength, I anticipate further downside pressure on gold.
I'm currently bearish on crude oil futures as the market faces increased selling pressure due to a combination of oversupply concerns and slowing global demand. Recent inventory reports have shown larger-than-expected builds, indicating potential supply glut, which could push prices lower. Additionally, with ongoing geopolitical uncertainty and weakening demand...