Made in China – das ist kein Negativmerkmal mehr, zumindest in der Autoindustrie. Im Gegenteil spielt China gerade bei Elektroautos für die künftige Entwicklung eine entscheidende Rolle. Da ist es kein Wunder, dass auch der frühere Formel-1-Profi Nico Rosberg die E-Autos von Xiaomi in hohen Tönen lobt.
The $100 price target aligns with the weekly StochRSI reversal and breakout, offering a high-probability technical objective.
EURUSD had bounced off to the 200-day moving average, having trimmed its recent gains amid a local growth of yields of 30-year bonds of the US. The pressure looks quite strong, but the 200-day moving average is a strong technical reference, and it’s possible to witness a bullish counter reaction from this level. Focusing on the area between 1.06 and 1.07 might give a trader a pivot point to the upside as shown on the chart, especially if any confirmation will appear - for example, an engulfing pattern, pin bar or similar formation. Despite some local weakness, Euro remains to be influenced by strong buyers from the bond market, and the 200-day moving average support has a good chance of stopping the downside price action. Don't forget - this is just the idea, always do your own research and never forget to maange your risk!
No significant sell-side volume spikes suggest weak bearish conviction, limiting downside risks short-term.
Gold market maintains its bullish stance, reaching new highs at 3086 before retracing for a trend correction. The 3059 liquidity breakout remains a key level, likely to be retested before the next move. follow for more insight boost idea , comment for more insights
A key trigger level has been broken, followed by a strong upward move. The structure is bullish. We will look for buy/long positions in areas with high trading volume. A daily candle closing below the invalidation level will invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
Crude oil had reached the psychological level of $70, and that might become a potential crash test for the rally: should the level be rejected, it may trigger a liquidation of the upside move, as this level is considered as a fair price according to the supply and demand equilibrium. Technically, the price is located at a higher band of Bollinger Bands, according to the daily chart, and the potential turning point might happen if the price tries to break the level and fails: that would draw a classical “bullish trap”, as displayed on the chart. Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
Sustained green closes on GT’s daily chart reflect persistent buying pressure, favoring upside continuation.
The FTSE 100 equity index is exhibiting bullish sentiment, reinforced by the prevailing uptrend. The recent intraday price action appears to be a corrective sideways consolidation, potentially forming a Bullish Flag continuation pattern, which typically precedes a continuation of the upward momentum. Key Trading Levels: Support Level: The critical support level to watch is 8,594, marking the previous consolidation price range. Upside Targets: A corrective pullback from current levels, followed by a bullish bounce from the 8,594 level, could pave the way for an upward move toward the next resistance levels at 8,729, followed by 8,798 and 8,853 over a longer timeframe. Alternative Bearish Scenario: A confirmed loss of support at 8,594, with a daily close below this level, would invalidate the bullish outlook. In such a case, the index could experience further retracement, with potential downside targets at 8,539 and 8,465. Conclusion: While the current sentiment remains bullish, traders should closely monitor the 8,594 support level. A successful bounce could reaffirm the bullish momentum, targeting higher resistance levels. Conversely, a break and close below this support would signal a shift in sentiment, suggesting a deeper corrective move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The breach of the multi-week descending resistance line confirms bullish momentum, invalidating prior bearish structure.