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Showing posts from May, 2025

NAS100, US30 & S&P500 MARKET ANALYSIS

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  Good morning traders, it's a fine chilly Tuesday morning and I hope you're all doing well. Into the markets today, I'm looking at the US Index markets ie NASDAQ, US30 & the S&P500. Into the markets today, NAS100 broke above a major H4 & daily supply zone at 20715.7 & 20512.2 and formed higher highs on H4 at 21470.5 forming a new bullish range. Price then retraced back to retest the broken supply as a new demand before a continuation of the rally higher. Price dropped into the demand and formed rejection wicks with candle closes above demand on H4 at 20715.5 followed by a rally in a constant push away from demand confirming the bullish sentiment. I anticipate a potential continuation of the rally higher as the setup taken is a rally base rally, a continuation setup and my major target is at the next major H4 & daily supply zone at 21921.3 & 22108.8.  Into the S&P500, price broke above a major H4 supply zone at 5785.40 & 5681.24 which was the...

NEW WEEK MARKET OUTLOOK

  Good  morning traders, it's a fresh start of the week and here's a deeply detailed video on the outlook for the week on various pairs, indices and commodities. Enjoy and stay tuned for more.

WEEKLY OVERVIEW MARKET RECAP (EURUSD, USDCAD, USDCHF & GBPUSD)

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  Good evening traders and happy Sunday. I hope you've had an amazing weekend and you're ready for the new trading week from tomorrow. Here's a recap of the week's trades as we focused on EURUSD, USDCAD, USDCHF & GBPUSD as analyzed in the previous post. Into EURUSD, price dropped 120 pips to the H1 & H4 low at 1.11400 and markets closed the trading week at 1.11650. Price shows a strong bearish sentiment into the new trading week as markets move within our working range as it formed lower highs on H1 at 1.12200. I anticipate a potential retracement back to the H1 lower highs before a potential continuation of the drop lower and the 1st target being the H1 & H4 low at 1.10800 and the major target at the next major H1 & H4 daily demand zone at 1.09550 & 1.09100. Into USDCAD, price rallied to the new H1 & H4 higher highs at 1.40000 and failed to break above and instead retraced back to the minor H1 & H4 low and demand at 1.39100 closing the tradi...

MARKET OUTLOOK (EURUSD, USDCHF, USDCAD & GBPUSD)

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  Good morning traders, I hope you're all doing well and welcome on board as we get to look at the various pairs for the week. Into the markets today, I'm looking at EURUSD, USDCHF, USDCAD & GBPUSD for potential trading opportunities. EURUSD price rallied back to the major broken demand retested as a new supply on H1 & H4 at 1.13100 & 1.12600 before a continuation of the drop lower. Price dropped & formed lower lows on H1 & H4 at 1.10800 then retraced back to supply and the previous H1 high at 1.12600 which is the origin of the drop to the H1 & H4 lower lows. Price filled the 1st range from the major H1 & H4 supply zone at 1.13100 & 1.12600 to the 1st H1 & H4 low at 1.10800 and back to the major H1 & H4 supply zone. Price formed strong rejections on H1 & H4 with candle closes below supply followed by a strong bearish push confirming the bearish sentiment. Price has dropped 80 pips and still showing more bearish potential. I anticipate...