Crude Oil Futures ( CL1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:81.06Pivot:73.40Support:74.33Preferred Case:Looking at the H4 chart, my overall bias for CL1! 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 81.06, where the previous highs are. Alternative Scenario:Price may head back […]
EURUSD Bullish As Key US Inflation Data Approach
EUR/USD analysis, Prices, and Charts The Euro has risen sharply into 2023, extending its runup Hopes that US inflation may be peaking has been a key driver Eurozone interest rates may have much further to rise Recommended by David Cottle Download our brand new Q1 Euro guide EUR/USD action has been dominated by the ‘USD’ […]
Cocoa Futures ( CC1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:2699Pivot:2570Support:2470Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud , indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2699, where the previous swing high is. Alternative Scenario:Price […]
Cocoa Futures ( CC1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:2671Pivot:2570Support:2470Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud , indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing high is.Alternative Scenario:Price may […]
Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish ContinuationKey Levels:Resistance:1535.00Pivot:1492.25Support:1457.75Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1535.00, where the recent high isAlternative Scenario:Price may head […]