Gold 4H Hidden Bullish Divergence: Upside and Downside Targets
Gold’s 4H chart is currently developing a hidden bullish divergence, which could help the gold price surge towards its Pivot High at...
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Mixed Signals: GBPUSD Bear Flag with Hidden Bullish Divergence
GBP/USD is currently moving within a rising parallel channel on the weekly timeframe. This consolidation comes after a substantial downswing from 2021...
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Bitcoin Flushout: Drop Before Further Run to Upside
On Monday and Tuesday, Bitcoin dropped significantly by approximately 7%, resulting in a liquidation of over $1.6 Billion across crypto exchanges. This...
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CPI Projected to Be Higher: DXY Recovery Possible Before Wednesday
To kick off the week, we have the DXY possibly making a recovery from this point to 106.400 or higher, as CPI...
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Falling Wedge: Gold (XAU/USD) Technical Analysis for December 2024
Gold is potentially in a downtrend after a massive daily rejection from the $2720 zone. This impulsive rejection marks the possibility of...
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Altcoin Season is Here: XRP Takes Flight, BTC Dominance Down
Apparently, gravity has stopped functioning on XRP. The asset broke past its previous All-Time High (ATH) at $1.9669 last week, and went...
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BOJ Rate Hike: JXY May Regain Strength as JPY Pairs Move Lower
The Bank of Japan could stir the markets by introducing rate hikes this December, potentially awakening the long-dormant "sleeping giant" (Japanese Yen)...
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Global M2 Supply Chart Signals a Drop to $70,000 on Bitcoin
Over the past five days, Bitcoin has finally seen a much-needed correction after an impulsive run from approximately $66,800 to $99,690 –...
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RBNZ Projected to Cut the Kiwi, AUD Inflation Projected Higher
Inflation is projected to climb higher in Australia, while the Reserve Bank of New Zealand (RBNZ) is planning to cut 50 basis...
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Can S&P 500 Continue Higher in its Broadening Wedge Pattern?
The S&P 500 has recently seen a significant surge due to Nvidia’s better-than-expected earnings report, surprising the markets and pushing the index...
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Bitcoin Greed Index 90: Correction Risks Grow with New Patterns
Bitcoin formed a new All-Time High at $93,905.51 on November 19th, 2024 – narrowly missing $94,000 but closing above the 1.238 Fibonacci...
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Global Oil Demand Down: Brent and WTI Dump in Q4?
Recent price developments have led Brent Crude Oil and WTI Sweet Crude prices to revisit a visible neckline of a Descending Triangle...
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Gold Recovery Possible: 4H Falling Wedge with Bullish Divergence
Since the beginning of the month, XAU/USD (Gold) has been seeing a decline of nearly 8.00%. This is the sharpest decline we’ve...
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DOGE Soars 24% After Trump Unveils Government Efficiency Department
DOGE makes it into the U.S. Government! Well… sort of. Trump announced on Tuesday the formation of the Department of Government Efficiency...
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$80K Hit: Bitcoin Creates New ATH and Begins Crypto Bull Run
Over the last weekend, Bitcoin broke its $80K milestone – bringing much exuberance to the crypto holders. This rise comes in tandem...
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Policy is King: All Eyes on BOE Gov Bailey and Fed Chair Powell
The GBP/USD pair is set for some volatility as the Bank of England (BoE) and the Federal Reserve (Fed) prepare to announce...
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2024 US Election Day Tomorrow: What to Expect
With just one day to go in the US presidential race, the world is on the edge of its seat to see...
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DJ30 First Red Monthly Close in 6 Months
With election day drawing close, we finally saw a red month in the Dow Jones Industrial Average for the first time in...
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Australian Pairs May Move Lower: CPI Data Release Coming Up
The Australian dollar looks poised for bearish moves in the days ahead, but that could change if upcoming economic data beats expectations....
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Nap time for the Dollar? Potential 4H Double Top in Sight
After tapping into the sub 100.00 levels, the Dollar Index rebounded strong, breaking previous highs and back into a massive triangle pattern....
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GBPJPY in Focus: Japanese Inflation Data and GBP Flash PMI Data
This article has been updated with the released statistics. GBPJPY is taking center stage today with the releases of the Tokyo Core...
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China Cuts Rates: Potential Bounce on Hang Seng Index
On October 21st, the People’s Bank of China announced a 0.25% cut on their 1Y Loan Prime Rate, and a 0.05% cut...
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Bulltober Again in 2024? Bitcoin Eyes Bullish Break of $68,000
For the past 11 years, Octobers have more or less been a bullish month for the digital currency – especially during the...
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Uber Surges to New ATH Areas to Watch for Bullish Investors
On Friday, October 11th, Uber’s stock gapped to new all-time-highs at $87.00 dollars per share. This dramatic rise was likely due to...
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USDCAD Analysis: What to Expect from Major Economic Data Today
USDCAD is currently still range bound from 2015, nearly 10 years ago! However, that doesn’t mean things aren’t exciting for the asset...
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Gold Flips Temporarily Bearish on 4H Timeframe
Gold has temporarily fallen from $2650, and is now potentially threatening a break of the $2,600 price zone. Though this break of...
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Make a Note: 3M Stock Breaks Falling Wedge and Teases Pull Back
This is a longer term Chart of the Day where trade opportunities could occur in the coming weeks or days. The 3M...
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Labour Data is Key: Will Wages and Jobs Alter Fed’s Course?
Today’s U.S. labour market data could set the stage for the Federal Reserve’s next move. Given that CPI m/m readings and CPI...
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Tesla On the Verge of Breaking Out of Cup and Handle
The Tesla stock (TSLA) has been a huge talking point for a good part of 2023, where it saw a meteoric rise...
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Rise or Fall: Will EMA-20 Be Nasdaq’s Key to Further Upside?
The Nasdaq (USTEC) may be gearing up for another push to the upside. With the DXY closing a bearish weekly candle below...
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Q4 Forex Forecast: US Rate Cut Expectations Drive Majors Higher
As we enter Q4 of 2024, market participants are bracing for significant movements in the Forex space, driven largely by expectations of...
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Netflix Stock Forms All-Time Highs, Eyes $800.00
Netflix's stock has broken past its previous all-time high, reaching $725.2. Short-term price targets could focus on round numbers like $750, with...
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Powell’s Speech, GDP, and US Jobs Data: What to Expect Today
In the wake of the Federal Reserve’s surprising 50 basis point rate cut on September 18th, financial markets are on edge as...
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Blow the Horns: Bullish Reversal Indications on USDJPY
For the last two months, USDJPY has found itself taking a hit to the downside after an extreme rise to the upside....
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Iceberg Ahead: WTI Crude (USOIL) Veering Into Resistance
WTI Crude oil (USOIL) has seen bearish price action for the past 3 months, consistently forming lower highs on its pullbacks. As...
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Is it a Bull Trap: S&P 500 Retesting All-Time Highs
As we reapproach the all-time highs on S&P 500, the idea of a Fed Pivot is looming over each and every traders’...
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Break or Bounce: USDSGD Dancing at Weekly Range Lows
Source: Freepik USD/SGD has been in a tight range from 2023 to 2024, consolidating between $1.32 to $1.36 SGD. However, the price...
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Flash Crash Recovery: Will the S&P 500 Bounce at Market Gap?
As the S&P 500 approaches its all-time highs at $5,669.67, a flash crash on Tuesday may have come as a surprise to...
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Netflix to Press ‘Play’ on 4H Bull Flag to See New All-Time Highs
Source: Netflix Newsroom Netflix (NFLX) is seeing a 4H bull flag consolidation right at its ATH (all-time highs). This comes right after...
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Gold Losing Its Shine? 4H, Daily Chart Hints at Exhaustion
After consistently forming all-time highs after all-time highs, Gold has begun to show signs of slowing momentum. This is partly because the...
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Consolidation for Nvidia as Markets Wait For Earnings Report
Source: Nvidia Newsroom Nvidia’s next earnings report – Q2 FY2025, is coming out in just 2 days on Wednesday. The entire market...
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To Cut or Not to Cut: Jerome Powell Speech Will Set Market Tone
Today marks the day where the markets will either be in exuberance for Fed Rate Cut, or be in for a nasty...
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Crude Awakening: UKOIL and USOIL Could Decline in Coming Weeks
Economic uncertainty is in the air. With talks of a global reduction in demand, Brent Crude Oil (UKOIL) and WTI Crude (USOIL)...
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Canada Winning? USDCAD Could Fall as DXY Breaks Triangle Lower
USDCAD is currently testing a significant daily support level at $1.36 CAD, marking this the fourth retest of the level. With every...
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Fed Pivot Likely in September, S&P 500 Near Key Resistance
The Fed Pivot has all but been confirmed with yesterday’s CPI y/y data, documenting a 2.9% reading compared to last month’s 3.0%...
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Market Crash Over or Just the Calm Before the Storm?
Panic spread throughout the markets as the unemployment rate and Sahm Rule flashed early signals of a recession. This data comes from...
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DXY Bearish, S&P 500 and Bitcoin Facing Trouble
After our forecast approximately 2 weeks ago, the Dollar Index has indeed formed a 3-legged move down – breaking the parallel channel...
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USDJPY: Nikkei Crash and US Unemployment Causes Panic
On August 2, 2024, the Nikkei 225 index fell sharply by 5.81%, marking its second-worst drop since the crash of 1987. This...
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Fed Pivot Speculations Drives Bitcoin Lower. What Gives?
On July 31, 2024, the Federal Reserve held its monthly FOMC meeting to clarify their thoughts on inflation and their interest rate...
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3M Company Soars By 20%, Falling Wedge on Monthly Timeframe
After a strong Q2 quarterly earnings report release on July 26th (Friday), the 3M stock gapped up by 5%, then continued its...
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Sticky Inflation? U.S. Core PCE Data Expected to Be Higher
The Federal Reserve’s key measure for assessing inflation, the Core PCE index, will have its month-over-month data released shortly. As we approach...
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Dollar Bearishness Continues: DXY Approaches Channel Resistance
Reignited hopes for a September rate cut have sent the Dollar Index tumbling to 103.650 in July. As the DXY finds support...
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Gold Analysis (July 22nd, 2024): XAU-ly Ascending in a Channel
Traders and investors of Gold (XAUUSD) must have felt frustrated over the past 3 months, as Gold has seemingly formed a strong...
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Market Analysis: Crypto Retracement Likely as Bitcoin Gets Rejected
So in my previous analysis, I personally thought Bitcoin would fall towards $52,000 as there was a massive air pocket in volume...
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Nike Stock Entering Buy Zone, Oversold on Weekly RSI
Nike is currently descending rapidly, forming a huge red weekly candle on the beginning of July, creating a -22% drop. While this...
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Triangles Everywhere in The Market With Dovish Fed Speech
Fed Chair Jerome Powell gave a speech yesterday at the Economic Club of Washington, presenting a dovish tone to investors. He said...
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Nasdaq 100 Analysis (July 12th, 2024): ABC After New Highs
Will the Nasdaq 100 recover from its significant daily bearish candle? It’s certainly proven itself resilient in the past few months, and...
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Dovish Tone in Fed Chair Powell’s Testimony Creates Optimism
On July 9th, 2024, Jerome Powell spoke before the Senate Banking Committee in Washington, DC. While Powell stated that more data is...
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BTC Analysis (July 9th, 2024): Relief After Dip Below $60K?
After a price decline of 15% from $63,750, where Bitcoin rejected off the Daily 20 Exponential Moving Average (EMA), the Bitcoin price...
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CADCHF Analysis (July 5th, 2024): Drop Before Rise Possible
In a few hours time at 12:30 UTC, the Canadian Employment Change and Unemployment Rate data will be released, which could catalyse...
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BTC Analysis (July 4th, 2024): in Danger of Dropping to 52K
With independence day going on, it’s the perfect time to analyse some assets that run 24/7... Of course, we’re talking about Bitcoin...
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FOMC Meeting and Eurostat Flash Core CPI Estimate Set to Reveal Key Insights
There are two major news coming today which could shake up EURUSD and the DXY if things do not go as expected....
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Q3 Forex Forecast: Dollar May Regain Strength Against FX Majors/Minors
With the recent wave of surprising economic developments, Quarter 3 of the Forex Markets is looking more interesting than ever. The main...
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GBPJPY: Monthly Double Bottom, Trading Inside a Daily Parallel Channel
There is a potential for a move of over 8,000 pips on GBPJPY, thanks to a gigantic double bottom pattern from 2008....
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Nvidia and Nasdaq: Market Recovery or Dead Cat Bounce?
Last week, Nvidia's CEO sold $95 million worth of NVDA shares from June 13-21, marking the first time in nine weeks that...
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Gold 2H Respecting EMA 200 and May Present Range-Trading Opportunities
Since the end of May 2024, the Gold (XAUUSD) 2H chart has been respecting the EMA 200. Additionally, everytime the RSI dipped...
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USD Douses GBP: Potentially Heading Lower in Symmetrical Triangle
Like a firehose extinguishing last week's bullish spark, today's US Flash Manufacturing and Services PMIs came in STRONG – with a capital...
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Negative Economic News for Eurozone Ruffles the Markets
As the Eurozone gets battered by a slew of negative economic news, the Euro takes a slump to the downside. This drop...
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RBA’s Hints of a Rate Hike Could Send AUDUSD Higher
Earlier today, the Reserve Bank of Australia announced its intention to maintain its interest rate at 4.35%. However, the underlying tone of...
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FOMC Dashes Hopes of Multiple Rate Cuts, What’s Next?
As predicted in yesterday’s Opening Bell, Federal Funds Rate is held and remains at 5.50%. The FOMC meeting itself and CPI data...
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Federal Reserve’s June Meeting, All Eyes on Rate Cut Forecast
As S&P 500 soars ahead of the FOMC June Meeting, many economists are speculating that interest rates are likely to be held...
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Nvidia Stock Split Bearish for Price Based on History
As Nvidia initiates its stock split on June 10th, 2024 (Monday), investors are curious as to how the price of the stock...
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Analysis on USOIL (WTI) For June 7th, FVG Setup Available
USOIL has been acting choppy for the past few weeks, leading to some difficult scenarios to trade. However, we now may have...
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EURUSD In Weekly Triangle Pattern with EXY at Weekly Trendline Resistance
In approximately 5 hours, the European Central Bank will release its Monetary Policy Statement for the Euro. This is a significant announcement...
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DXY Breaking Parallel Channel, High Impact News Week Ahead
As DXY continues to break down, the markets are experiencing some mixed sentiments. On one hand, the technicals of the DXY are...
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All Eyes on U.S Core PCE Today, Gold Could Drop to $2,300
With the Core PCE data scheduled for release today, the markets have been fairly quiet throughout the week - largely cooling off...
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The DXY and EXY are Crossing Swords on the Weekly Timeframe
The DXY and EXY are inversely correlated, and both charts are printing interesting patterns to watch on the weekly timeframe with macro...
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U.S Dollar Could Hold Before Core PCE m/m Data Release on May 31st
The markets are currently showing mixed signals since the Nvidia Q1 FY25 report, which has shown an 18% increase in revenue compared...
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S&P Pumped to New Highs With Nvidia Earnings Report. What’s Next?
So as expected, a pump and dump happened to the S&P 500 with the Nvidia 2025 Q1 Earnings Report that came in...
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Markets Surge in Anticipation of NVDA Earnings
As we approach the earning reports of Nvidia’s Q1 FY25 on May 22nd, the markets have rallied to new highs or towards...
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If DAX Falls to This Level, We Could See A Bounce
Like many other markets across the financial space, the DAX (DE30) saw a rise on Wednesday and formed a new all-time high....
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USD Dips, Markets Rally With Bullish U.S. CPI Data. What’s next?
Going into 2024, investors approached the markets with a “risk-off” sentiment in the first quarter due to expectations of multiple aggressive rate...
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Chart of the Day: Trendline Holds For NZDUSD
Quick Tip: The DXY is also in an overall uptrend at the moment, which makes this push from NZDUSD a divergence. As...
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Chart of the Day: NZDUSD Approaches a Major Trendline Support
Quick Tip: NZDUSD is currently in a triangle, which means the key resistances to watch are within the pattern or at the top...
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