Based on M W D timeframes, everything seems quite bullish at the moment. The daily has recently broke structure to the upside. With that being said, price should continue the weekly impulse the the upside this month.
USD seems very weak after the feds announced possibly its last rate hike. We should see risk on market conditions in the upcoming months in my...
Market appears to be getting ready for a nice move to the downside for about 500 pips. Monthly has not made much gains over the last several weeks. Weekly structure created a double top and last week ended bearish. Daily is retesting previous support now turned resistance. If this daily candle today ends bearish, then I believe we could see a nice drop in gold.
Looking for several long positions while gold tries to make its way to the upside. Monthly and weekly structure appears to be bullish. Today's daily candle looks to be bullish as expected indicating rejection off of last week's low. If the H4 continues to stay bullish we can expect gold to rally.
Expecting weakness in the dollar this week. Monthly and weekly time frames are bearish. The daily timeframe is in a correction which appears to be complete. We will need to see an H4 break of structure to the downside by tomorrow in order for the daily to resume its decline.
This week I will be targeting 4184. I expect price to continue to make gains based on market structure using multi time frame analysis. Lets see if us traders can make this happen.
This week we are expecting price to move upwards near TADAWUL:4180 and make its way near TSE:4237 by the end of next week.
All timeframes above H4 are currently bullish. Our outlook is to make several long positions within the H! towards the intended targets.
With inflation data and quarterly earnings being released this week, we can anticipate that stocks...
I'm expecting GU price to trend higher based on multi time frame analysis, supply and demand, and price action. looking at the trend we obviously see that price is in a daily correction. The correction appears to be complete and I'm expecting a nice bullish (BoS) move in the H4 time frame. When this happens, price should push towards daily highs and stretch even...
Looking for some nice bullish moves during Q2 and I expect price to hit 4530 by summer. With that being said, I also expect more gains above that price this year. Q1 closes in 4 days and we are looking bullish at the moment. If March can go bullish, I believe there is a strong chance stocks will rally this year. This analysis is based on price action, supply and...
Buying Bitcoin at the moment is not the answer especially when its trending to the downside after breaking 43k key level monthly support. 18.5k seems to be the most reasonable extended target where many smart investors and institutions will buy the overextended dip.
I predicted the major monthly meltdown at the 68k mark when the monthly became exhausted. I'm...
(Long Term Outlook). USDCAD expected to rally for the next quarters towards 1.55 then 1.71. This means that monthly structure will continue to rally making new highs until targets are met.
As you can see from quarterly perspective, the dollar looks extremely bullish as we are currently in an impulsive state. The bullish start is the beginning of a boom in the US economy. The Federal Reserve is set to announce rate hikes (Increase interest rates) during mid- March.
My targets are set at $101 then $110 by the end of year.
Looking for possible sells towards 0.73250 from 0.74150. Daily zone which was once support will be used as resistance on H4. Look out for sels in that area.
