Man I knew it was going to be going sideways (as per my previous chart) but this is a bit too much, anyhow I think the long wait will pay off handsomely first by going down a bit to targets already mentioned at 94.5k but didn't hold last time, chances are that it will not hold this time around, so the most likely scenario is a retest of the 89-91k, then a serious push to the 99k again, so targets to reload will be 93.3k and a must buy target is 89.3k, with a stop loss around the 88k area. This will be my trade setup, do your due diligence and confirm with your charts, All my charts are speculation only, so nothing is a guarantee.
SUI 15m Long Signal Reason: - Bounce at S2 support level - Bounce at 1.27 take profit for shorts - Liquidity grab and go setup
We are still looking for that neckline breakdown to happen from our "double top" pattern. As soon as we get the break of the neckline, this would send the price back to lower zones (where the first target would be the 200 EMA zone at $86K, then the lower support zone). Swallow Team
Gold formed a continuation pattern, I'm looking forward to a new ATH
#DOGS The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0001690 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0001710 First target 0.0001775 Second target 0.0001850 Third target 0.0001932
By Ion Jauregui - Analyst ActivTrades The German DAX stock index has experienced a remarkable upward momentum today. The results of the German federal elections have generated optimism in the markets. The strength shown by the CDU/CSU, reaching 28.5% of the vote and positioning Friedrich Merz as a key figure, has reinforced the expectation of a stable, pro-business government. This outcome has been well received by the markets, as greater political and economic stability is anticipated in the country, a fact that has been reflected in the DAX, which has risen more than 0.7% at the start of the day, as investors are confident that a predictable political environment will favor the economy and strategic sectors, such as automotive and technology. At the same time, the euro has reached its highest level in a month, trading at $1.0528 against the dollar. This appreciation of the European currency reflects the renewed confidence in the German economy and the euro zone in general, following the election results. However, despite the initial enthusiasm, there are some challenges ahead. The new coalition government will have to address issues such as economic stagnation and external pressures, including U.S. trade policies. The ability of the new government to implement fiscal and economic reforms will be crucial to maintain market confidence over the long term. In the first hours of trading, the DAX registered an increase of more than 1.54%, reaching 22,584.80 points in the first hours of pre-market trading prior to the opening. This optimism is partly due to the expectation that the CDU/CSU will form a “grand coalition” with the SPD, thus avoiding the participation of extreme right-wing parties such as AfD, which obtained 20.8% of the votes. The possibility of a stable, pro-business government has strengthened investor confidence. The automotive sector has been one of the biggest beneficiaries in this context. Manufacturers such as BMW and Volkswagen have experienced increases in their shares of 2% and 1.6%, respectively. In addition, companies such as Deutsche Bank and SAP have also shown positive returns in the market. Looking at the chart, the support of the last impulse is located at 21,950 points, with the current support at 22,115.26 points. The current high is around 22,945.01 points. Today the mood begins with strength in Europe, so we will have to see if this positivism is transferred to the rest of the day, although it does not seem that in the opening hours the enthusiasm has been maintained. If we look at the value of the current control point is located around 22517 points. RSI is slightly oversold at 44.48%. Relying on last Thursday's checkpoint. The crosses of averages seem to be showing a possible crossing of the 50 and 100 average. If this happens, a price drop to the support zone to test price would be foreseeable. If this does not happen we may see a new test of the current high resistance. In summary, the DAX has reacted positively to the election results in Germany, driven by the prospect of greater political stability and a pro-growth government. However, it will be essential for the new administration to effectively address economic and geopolitical challenges to sustain this momentum going forward. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
The Relative Strength Index (RSI) indicator on the 4-hour chart pulls back towards 60 after slightly exceeding 70 on Thursday, indicating that the bullish bias remains strong following a technical correction. GBP/USD encounters a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the pair can sustain above this level and establish it as support, the 1.2700-1.2710 range (round level, static level) might act as the next resistance before reaching 1.2750 (static level). On the downside, 1.2600 (round level, static level) acts as the first support, followed by 1.2530 (Fibonacci 61.8% retracement) and 1.2500 (round level, static level).
It’s often said that the UK and Europe lack the huge level of growth funding for later-stage startups that the US has for its own, and this is correct. According to the European Investment Fund, there are at least seven times more large-size VC funds in the US than in Europe. So the appearance of a […] © 2024 TechCrunch. All rights reserved. For personal use only.
Der Frühling hält so langsam Einzug in Deutschland. Und wer in den vergangenen Sommer noch keinen Solarstrom selbst produziert hat, bekommt jetzt noch eine gute Möglichkeit, bevor die Preise für Balkonsolar wieder steigen. Der Beitrag 82 Prozent Rabatt: Dieses Balkonkraftwerk ist jetzt extrem günstig erschien zuerst auf inside digital.
Viele Haushalte setzen mittlerweile auf Saug- und Wischroboter, da sie mühelos für Sauberkeit sorgen. Wer sich die Bodenreinigung erleichtern möchte, findet jetzt im Aldi-Onlineshop ein Markenmodell - das auch wischen kann - zu einem besonders attraktiven Preis. Der Beitrag Aldi-Angebot: Leistungsstarker Saug- und Wischroboter zum Traumpreis erschien zuerst auf inside digital.