USOIL is showing a potential Inverse Head & Shoulders reversal pattern on the 15-minute timeframe after a prolonged corrective move. Price has already reclaimed the neckline area and is attempting to build bullish momentum. A successful breakout and hold above the neckline could trigger the next leg higher toward the projected target zone. The pattern…
Fiber (EUR/USD) has rejected off the pivot, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop towards the 1st support whichis a swing low support. Pivot: 1.1582 1st Support: 1.1506 1st Resistance: 1.1646 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice…
XAUUSD remains in a bearish trend on the daily timeframe, continuing to form lower highs and lower lows. The current decline appears to be the final leg of a larger bearish cycle, with sellers maintaining control as price moves toward a significant liquidity area. From an Elliott Wave perspective, the market appears to be developing…
Market Analysis: GBP continues to be supported by previously strong UK retail sales data, which has eased market concerns over a UK economic slowdown. However, with no major UK economic data releases scheduled for today, GBP will largely move in line with the USD. If the US CPI exceeds expectations, GBP may face selling pressure…
US Dollar Index (DXY) is falling toward the pivot, a pullback support level that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Pivot: 99.51 1st Support: 99 1st Resistance: 100.24 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice of…
A Note From Bryan: Friday morning, the SpaceX IPO opens, and by midday, most investors won’t know what hit them. Karim and I have been wary of its valuation for months. Some are already calling it the world’s most expensive money-losing company. So while the crowd lines up like sheep to the slaughter, we’re doing…
Market Overview The crypto market capitalisation has risen by 1.3% over the past 24 hours to $2.18 trillion. With no fresh downward momentum, bears are taking profits, while some investors view the situation as a good opportunity for long-term positions. On daily timeframes, the RSI is recovering and entering neutral territory after the most severe…
Publisher’s Note: Karim’s Tracking Another Shadow Move — Live Session Today Karim Rahemtulla has used the shadow moves of insiders like Elon Musk to position himself in stocks before they climbed as much as 1,400%. Now he’s identified another one — and he believes it has 1,000%+ potential over the next year. Today at 2pm…
Executive Summary Bitcoin has fallen 28% over the past month. The downtrend appears to be incomplete with more new lows. A rally above $68k would increase the chances a more meaningful low is in place. The announcement of several IPOs has drawn renewed interest in the equity market. , Anthropic, and OpenAI have announced their…
From a technical perspective, the current modest price rebound cannot yet be definitively classified as a trend reversal; it could signal either a bullish turnaround or merely a pause before the bearish trend resumes. If the daily chart closes higher on Tuesday, it would signal a bottoming-out and reversal for the weekly trend; conversely, if…
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