Genevieve
GBPJPY SPORT LIGHT
1H timeframe the price has a tendency of Ascending Channel. Currently the price is bouncing and roaming at Channel support $169.655. And now the price has formed double bottom to signify that Buyers Will be in control of the market and vice versa after breakout of Support. Target after reversal is l
The USD could peak in advance?
Since the beginning of this year, the Federal Reserve has raised interest rates sharply to combat inflation that has been at a high level in more than 40 years, and the USD index has soared, with a cumulative increase of more than 10% this year. At present, the expectation that the Fed will con
EURUSD bears are still in control?
EURUSD is trading in the descending channel on the 4H timeframe. In the previous posts, we've described a range zone as resistance or support. Currently, the market has bounced off the range zone, and it probably will test the support zone. We expect bearish moves.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS
USDCAD is going up quite a bit right now. The reason for that is that OIL is slightly DOWN and the US CPI DATA is very good. So now USD has become very STRONG. SENTIMENT related to USD became WEAK in recent days. But now with good DEMAND for US YEILD, USD is moving UP. Due to this reason, STOCKS can
GBPUSD Long
I think GU is currently in a wave 3 and is now in an ABC correction. If price bounces off a fib level(50%,60% or maybe 70%) it is a likely indication that the wave C of the correction is over and the wave 3 will continue upwards. Remember to watch price action and only enter when you're most certain
AUDUSD Sentiment outlook
The price of AUD trades as a proxy to Chinese growth. AUD/USD: Retail trader data shows 55.17% of traders are net-long with the ratio of traders long to short at 1.23 to 1. The number of traders net-long is 1.85% lower than yesterday and 7.61% higher from last week, while the number of traders net-s
September Selloffs Pushed Down Crypto Prices, Trading Activity: eToro
Photo: FM
It’s been a big year for crypto. Even though price drops and declines in trading volume may have characterized the past few weeks, Simon Peters, a market analyst for social trading firm eToro, would like to remind traders to take the long view.
Despite the fact that “September was subdue
GBPJPY / Simple Naked Trading
#GBP/JPY#
Another big up before the big down? We can see GJ is in a mini uptrend, but the overall trend of the market is in a descending down trend. (on the weekly and monthly) Looking for a Long position. I would wait for market to create some type of pull back before getting into
Dollar Retreats as Risk Aversion Recedes, Focus Turns to Yen
Dollar and Yen retreat mildly today risk aversion recedes slightly. But as Asian markets struggle to find momentum for a rebound, risk aversion could come back any time before weekly close. As for the week, the greenback remains the strongest one, followed by Yen. Australian Dollar is the worst perf
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 104.55; (P) 104.81; (R1) 105.22;
USD/JPY’s rebound from 104.00 continues today and focus is back on 105.20 support turned resistance. Decisive break there would indicate short term bottoming. Stronger rebound would be seen back to 106.94 resistance. Nevertheless, rejection by 105.
Sensex Up 250 Points In Early Trade; Nifty Climbs Above 11,200
Indian shares opened higher on Wednesday, tracking overnight gains in the U.S. and European markets after Fed Chair Jerome Powell said the U.S. central bank is committed to helping the economy.
The benchmark S&P BSE Sensex jumped 250 points, or 0.67 percent, to 37,985 in early trade, while the b
Pull-up Update