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Event Guide: U.K. Inflation Updates for April 2023
We’ll get the latest U.K. inflation update on Wednesday, which has been an influence on the Bank of England’s monetary policy decisions and the British pound as of late.
Check out all of the important data to consider before putting…
Bulls are moving in, forming RHS of inverse H&S
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AUD/USD bulls are moving in and eye upside extension.
The inverse head and shoulders are a bullish…
Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time
GOLD PRICES FORECAST:Gold prices retreat on Monday, undercut by higher U.S. Treasury yieldsThe precious metal may reverse higher in the coming days if U.S. lawmakers fail to reach an agreement to raise the debt ceiling soonThis article…
Pin bar and Two Pin Bar trading strategies. – Analytics & Forecasts – 23 May 2023
When entering the financial market, the first thing you see is the Japanese candlestick chart. It has distinct shapes that reflect the price action of the market. And among them is a very different candlestick that looks like a…
Firm above 138.00 on Fed hawkish comments, boosting the US Dollar
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USD/JPY pair underpinned by high US T-bond yields, strong US Dollar.
Despite last week’s negative…
Nasdaq 100 Entrenched in Indisputable Uptrend but Poor Market Breadth Is Ominous
NASDAQ 100 FORECAST:Nasdaq 100 has risen sharply this year, boosted by the “artificial intelligence frenzy, but the rally has not been homogenousA few megacap tech players have been the main source of strength for the marketOverbought…
Silver (XAG/USD) Technical Update: Confluence Support in Focus
Silver Technical UpdateSilver sell-off continues despite late bid last weekPrice action approaches the confluence zone around 23.20Long-term uptrend remains in placeThe analysis in this article makes use of chart patterns and key support…
Review of trades of the Owl Smart Levels strategy for the week from May 15 to 19, 2023 – My…
Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from May 15 to 19, 2023. It was not an easy week for trading, but first things…
Chart Art: Another Bitcoin (BTC/USD) Breakout Due?
Is bitcoin gearing up for another big move?
I’m seeing another tight consolidation pattern forming on the 4-hour time frame of BTC/USD.
Better keep these levels on your radar, so you can gauge which direction it might go.
Bitcoin…
ASML holdings starts new bullish cycle
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ASML Holding N.V. (ticker: ASML) is a leading Dutch semiconductor equipment manufacturer. It’s one of…