Many people believe stock market prices are usually “correct.”
3 Tips to Ease the Portfolio Pain
As Mike Merson discussed in Monday’s Chart of the Day, this is the sharpest sell-off since the original Covid Crash and with fewer relief bounces.But the worst thing I could do at this point is bury my head in the sand just because I’ve lost a lot of money.I’m recalibrating...
AUDJPY bearish momentum! 26th Jan 2022
Prices are on bearish momentum and consolidating in a descending channel . We see the potential for a dip from our sell entry at 82.101 which is an area of Fibonacci confluences towards our Take Profit at 80.793 in line with 61.8% Fibonacci retracement . RSI is on bearish momentum....
Possible trend shift in CHFJPY – going short | 26th Jan
Signal ID: 79165 Time Issued: Tuesday, 25 January 2022 10:00:15 GMT Status: open Entry: 123.863 - 124.263 Limit: N/A Stop Loss: 124.862 The Tidal Shift Strategy has just sold CHFJPY at 124.063. The system recommends entering this trade at any price between 123.863 and 124.263. The signal was issued because...
GBPUSD potential for reversal | 26th Jan
Price is near buy entry price of 1.34534 which is also 50% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially go to the take profit level of 1.36429 which is also 61.8% Fibonacci projection and 61.8% Fibonacci retracement .Our bullish bias is supported by the stochastic indicator as...
EURUSD potential for further downtrend | 26th Jan
Price has recently broken out of the ascending trendline and near sell entry price of 1.13092 which is also 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 1.12364 which is also 127.2% Fibonacci projection . Our bearish bias is supported...
USDCHF bearish continuation | 26th Jan 2022
On the H4 timeframe, price is abiding to a descending channel , signifying a bearish momentum. Price is reacting at pivot level , we can expect price to drop from pivot level in line with 127.2% Fibonacci extension and 100% Fibonacci projection towards take profit level in line with 61.8%...
AUDUSD bearish breakout | 26th Jan 2022
On the H4, price broke out of the ascending channel , signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement towards take profit level in line with graphical support level and 127.2% Fibonacci projection ....
GBPAUD potential bearish dip! | 26th Jan 2022
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence...
This Surprise Fed Move Would Shock the Market Higher
The hope is the rate hikes will reduce inflation without increasing unemployment.Although it’s not part of their core mission, we do know the Fed watches the stock market.