EURAUD - 24h expiry The RSI is trending lower. Price action looks to be forming a top. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 1.7915. We look to Sell at 1.7915 (stop at 1.8000) Our profit targets will be 1.7660 and 1.7620 Resistance: 1.7890 / 1.7980 / 1.8020 Support: 1.7670 / 1.7500 / 1.7430 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Could it really be this simple? Maybe we can just throw Global M2 out the window and track TVC:GOLD with a 12-Week Lead. Someone pointed this out to me yesterday when I posted Gold's near 1/1 tracking with Global M2. *Note the deviation in CRYPTOCAP:BTC PA from the ETF hype.
The market is currently showing a neutral pattern. The next move will depend on the breakout direction: Bearish Scenario: If the market breaks below 3200, it could move downward into the sell zone, with potential targets at: 1ST Target 3100 2nd Target 2980 Bullish Scenario: If the market instead follows a bullish trend and breaks above 3200, it may form a bullish pattern, aiming for: 1st Target 3360 2nd Target 3505
Alaska Air Group Inc. (NYSE:ALK) is scheduled to report its first-quarter earnings results after markets close on Wednesday, April 23. Analysts expect the airline to post a loss of $0.77 per share. This compares to a loss of $0.92 per share during the same period last year. Revenue is projected to come in at $3.16 billion, up from $2.23 billion a year earlier, according to Benzinga Pro. The company last reported earnings on January 22, posting better-than-expected results for both revenue and earnings per share. As anticipation builds for the upcoming earnings call, several top analysts have adjusted their outlooks. Barclays analyst Brandon Oglenski maintained an "Overweight" rating on April 8 but lowered the price target from $80 to $62. Susquehanna’s Christopher Stathoulopoulos, with a 74% accuracy rate, kept a "Positive" rating but cut the price target from $95 to $55 on April 7. UBS's Thomas Wadewitz downgraded the stock to "Neutral" from "Buy" and dropped the target from $75 to $54. On March 18, Citigroup analyst Stephen Trent reaffirmed a "Buy" rating and slightly trimmed the price target from $83 to $81. JP Morgan’s Jamie Baker raised the target from $85 to $89 while maintaining an "Overweight" rating on March 3. On Tuesday, Alaska Air shares rose 2.93% to close at $44.94. Technical Analysis The stock found support near the $44 level, forming a potential base. If this support holds, ALK may target the $50 range or higher. However, a break below support could push the price down toward $40. All major moving averages are trending lower. The 50-day, 100-day, and 200-day moving averages stand at $57, $61, and $51, respectively, signaling ongoing bearish momentum.
After weeks of consolidation and textbook price behavior, XRP is finally showing signs of life. ? Support held beautifully at the 20hr low ? We're now seeing a strong reversal forming on the 5-day chart ? Eyes on that previous high zone for the next target (?$3.40 – $3.87) The market doesn’t lie—it moves. And when it respects your structure like this? You don’t chase—you prepare. ?? Let’s see how this plays out. Bullish continuation in motion.
Stock Analysis – SoFi Technologies Inc. (NASDAQ: SOFI) SoFi Technologies (SOFI) is showing a classic Wyckoff shakeout pattern, signaling that a strong upside move could be imminent. The stock has successfully defended its 200-day moving average, a major technical level, and is now displaying signs of renewed strength. After flushing out weak holders during the recent shakeout, SOFI rebounded quickly – a textbook "spring" move in Wyckoff terms. This sharp recovery, accompanied by a rise in buying volume, suggests that smart money may be accumulating shares in anticipation of a breakout. With current price action stabilizing above the 200-day MA and momentum starting to build, SOFI appears ready to break out of its consolidation zone. A decisive move above nearby resistance could trigger a strong rally, potentially catching many off guard. Why SOFI Could Be Ready to Surge: Clear Wyckoff shakeout + spring formation 200-day MA providing reliable support Volume picking up on green days – accumulation signal Breakout above resistance could ignite a sharp bullish move Technical traders and investors watching the Wyckoff method will recognize the pattern unfolding: SOFI looks ready for a powerful upward move, and early positioning could offer a favorable risk-reward setup.
The phase of the Ethereum chart in years using colors to represent each year and to visually show what happened during those years. So far this year is cold and losing. Will Ethereum recover and create a new pattern never before seen or will this entire year be in vain while wishing and hoping and believing that the price will turn itself around? The year of 2025 the year of AI.
The Alabama Securities Commission has dismissed its lawsuit against Coinbase, ending a legal challenge that accused the crypto exchange of violating securities laws through its staking services. In a legal filing dated April 23 and shared by Coinbase Chief Legal Officer Paul Grewal, the regulator cited ongoing efforts between the U.S. Securities and Exchange Commission […]
Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company’s planned robotaxi launch this summer. “FSD Supervised ride-hailing service is live for an early set of employees in Austin & San Francisco Bay Area,” the company posted Wednesday on X. FSD stands for “Full Self-Driving,” […]
Government censorship has found its way to Bluesky, but there’s currently a loophole thanks to how the social network is structured. Earlier this month, Bluesky restricted access to 72 accounts in Turkey at the request of Turkish governmental authorities, according to a recent report by the Freedom of Expression Association. As a result, people in Turkey can […]