EGX30 Capped: The Sideways Squeeze! ā”šCurrent Situation Index is in a sideways consolidation phase since the start of the month. š Price is still trading within the boundaries of the main uptrend channel. ā Momentum is building for a breakout or a trendline violation. š Key Levels š Resistance 1: 58,000 (31.8% Fibonacci Level). š…
We are still respecting the uptrend support, horizontal support and 200 SMA by retracing to $4100. The reasons for golds run have not changed, debt is out of control, QE, stimulus and borrowing to pay for bullshit wars and paying the interest on entitlements, tax cuts. The national debt will continue to rise. Other nations…
JPY strength is starting to show. On the 4H, the JPY basket has shifted structure to the upside and is currently pulling back into the demand zone that caused the move. That creates bearish pressure on USDJPY. On USDJPY 4H, price has broken structure to the downside and is now retracing into a 4H imbalance…
OGN is trading within a clear descending channel on the daily timeframe, maintaining the overall bearish structure. After a strong rejection from the channel resistance, price has pulled back into a key demand / retest zone around 0.023 ā 0.021, which aligns with Fibonacci support. This area is now acting as a potential higher low…
centrum 25.65 Key ConsiderationsThe Bullish Deep Crab is highly sensitive to Fibonacci ratios, so precise measurement is critical.It often occurs in oversold conditions, signaling a strong potential for upward reversal. The pattern is favored for its tight PRZ, allowing for small stop-losses and potentially high reward-to-risk ratios. By following these rules and confirming with additional…
Gold (XAUUSD) ā Market Structure Analysis Gold is currently undergoing a deep corrective phase following a clear exhaustion at the recent highs. The sharp sell-off indicates liquidity release and long position unwinding, shifting the market from impulsive markup into a rebalancing phase. š¬ Structural View:The recent top represents an exhaustion moveStrong bearish momentum confirms temporary…
0Grab this chartGrab this chart The Fed left interest rates unchanged at the FOMC meeting, as was widely expected. However, the after-the-meeting narrative did not provide investors any consolation regarding current fears that increased oil prices might be reflected in inflation, which will force central bankers to even increase interest rates this year. Fed Chair…
Gold has weakened sharply during the week by more than 10%, extending a downtrend despite ongoing geopolitical tensions that might normally support safe haven demand. The sharp sell-off reflects rising inflation expectations tied to surging oil prices and fading hopes for near term interest rate cuts, which diminish the appeal of non yielding precious metals….
0Grab this chartGrab this chart The U.S. equity markets finished their fourth consecutive losing week, due to negative sentiment arising from surging oil prices and fears that potential rising inflation could reflect on the economic outlook in the future period. At the same time, the Fed held rates unchanged, but the tone of Fed Chair…
Friday’s session revealed a clear shift in market structure as liquidity was aggressively swept and price held at key secondary support levels. SPY and IWM both printed strong signals at areas where institutions typically step in. What matters now isnāt the move we just saw ā itās what usually follows it. In this breakdown, I…
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