XAGUSD Bullish Trend To Continue To 25.701
XAGUSD suggests the formation of a global triple zigzag consisting of cycle waves w-x-y-x-z. The current chart shows the second intervening wave x which could soon end. This could take the form of a double zigzag of the primary degree Ⓦ-Ⓧ-Ⓨ. The bullish wave Ⓨ consists of intermediate waves (W)-(X)-(Y), where the last sub-wave (Y) […]
ZINC Futures ( ZINC1!), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:291.70Pivot:277.30Support:263.15Preferred Case:Looking at the H4 chart, my overall bias for ZINC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 291.70, where the 50% Fibonacci line is.Alternative Scenario:Price may head back […]
Intraday Market Analysis – Dax keeps bullish bias
USDCHF hits resistance The US dollar softened after Fed policymakers cheered the news of easing inflation. On the daily chart, the pair has remained under pressure after a tentative break below last April’s low of 0.9200. The current rebound from this critical level has led to a consolidation. Though the greenback must […]
BTC/USD Bullish Breakout Drives Crypto Recovery
Bitcoin (BTC) Price Analysis: Bitcoin prices hold steady after 26% rally drives prices towards levels last tested before the collapse of FTX. BTC/USD gains after bulls break $20,000. Cryptocurrency market capitalization eagerly approaches $1 Trillion mark. Recommended by Tammy Da Costa Get Your Free Bitcoin Forecast Bitcoin (BTC/USD) Forecast: Bitcoin prices (BTC) have made an […]
Bullish breakout on the cards or have we seen the highs?
AUD/USD bulls in control but there is a case for both the bulls and bears at this juncture. A break through the 0.6880s opens risk to 0.7050 and 0.7090 while a break below 0.6950 opens risk of a move to 0.6870. It’s been a roller coaster of a ride to start the year and AUD/USD […]
CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuation
Type: Bullish ContinuationKey Levels:Resistance:7381.5Pivot: 6397.5Support: 6797.5Preferred Case:Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is. Alternative Scenario:Price […]
Aluminum Futures ( ALUMINIL ), H4 Potential for Bullish continuation
Type: Bullish ContinuationKey Levels:Resistance:218.00Pivot:211.00Support:201.40Preferred Case:Looking at the H4 chart, my overall bias for ALUMINIL is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 218.00, where the previous swing high is.Alternative Scenario:Price may head back […]
Rice Futures ( ZR1! ), H4 Potential for Bullish Continuation
Type: Bullish ContinuationKey Levels:Resistance: 18.530Pivot: 17.620Support: 16.630Preferred Case:Looking at the H4 chart, my overall bias for ZR1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 18.530, where the recent high is.Alternative Scenario:Price could […]
Cotton Futures ( CT1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:87.97Pivot:82.36Support:80.37Preferred Case:Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 87.97, where the recent high is.Alternative Scenario:Price may head back down […]
Nasdaq 100 Futures ( NQ1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:12339.00Pivot:11465.00Support:10758.75 Preferred Case:Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud,indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 12339.00, where the previous swing high is.Alternative Scenario:Price may break the […]