Category: Technial Analysis
Daily Market Outlook, November 25, 2022 ‘Sterling Soars To A Three-Month High ’ With US markets closed yesterday for the Thanksgiving holidays, Asian markets were somewhat lacklustre overnight, lacking a lead from Wall Street. China's covid concerns continue to cause alarm, however, it seems markets are choosing to focus on the potential for further monetary […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0410. With an escape upwards, a pathway for growth to 1.0445 will open. With an escape downwards, a link of correction to 1.0330 is not excluded, followed by growth to 1.0500. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
EURUSD, “Euro vs US Dollar” The currency pair is pushing off the Tenkan-Sen line of the indicator, going inside the Cloud, which suggests a flat. A test of the upper border of the Cloud is expected at 1.0375, followed by growth to 1.0695. An additional signal confirming the growth will be a bounce off the […]
Weekly Live Market & Trade Analysis November 25, 2022 Watch yesterday's live market and trade analysis session here! Markets are approaching some pivotal levels, in equity indices and FX, in yesterday's session we identified some key correlations that make mark a near term shift in risk sentiment in the coming week. Markets are moving, join […]
Copper False Break After breaking out above the 3.7300 level for the first time since June earlier this month, Copper prices have since reversed back below the level and are now sitting back within the 3.4445 – 3.7300 range which has framed price action over much of the last six months. The big driver behind […]
On Friday, the BTC chart looks ambiguous. Main fluctuations of the leading crypto are at 16,425 USD. The market is selling cautiously. On the one hand, panic around the instability of crypto exchanges and possible bankruptcies after the crash of FXT has somewhat subsided. Yet this happened just because there is no fresh news, and […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Currently, the pair is going by the signal by forming another ascending wave. The goal of the growth may be 1795.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes […]
GBP Rally Continues The British Pound has been on a hot streak recently with GBP enjoying a strong rally against USD over the month so far. GBPUSD is now up almost 9% off the initial November lows and almost 17% off the all-time lows seen in September on the back of the former UK PM’s […]
Technical & Trade View Tesla (TSLA) Trade View Bias: Bullish Above Bearish below 220 Technicals Primary resistance is 220, interim resistance at 190 Primary pattern objective is 125 Acceptance below 165 next pattern confirmation Acceptance above 220 opens a test of 237 20 Day VWAP bearish , 5 Day VWAP bullish Institutional Insights Analysts at […]
• NZDJPY reversed from resistance level 87.28 • Likely to fall to support level 86.00 NZDJPY recently reversed down from the long-term resistance level 87.28 (which has been reversing the pair from the end of March, as can be seen below). The downward reversal from the resistance level 87.28 is likely to form the daily […]