Tag: alert

Hi traders, today we’re looking at GBPUSD as price has lifted from a demand area and could be trying to set up a new continuation. Looking at today’s price action we can see a new move higher from 1.3530 support. This level is a midpoint in the demand area box. We can see...

Hi traders, today we’re watching a technical set-up that’s currently developing on the AUDCAD daily chart. The pattern formation we’re watching today is called a V reversal. If confirmed, these can be potent setups and can lead to strong buyer momentum. Looking...

Hi traders, today we’re watching the USD as small signs of overextension have just started to emerge. Could today’s US employment data help give the USD a boost after days of beatings or could we see new monthly lows? Views are mixed on today’s employment...

Today we’re looking at Cardano (ADA) as price continues to hold above key support after January’s test. Currently, price has started to pull back most of today’s losses so the bar below is not as bearish as it is shown. We look to be at a bit of a crossroads with...

Hi traders, today we’re looking at Oxygen or OXY. The focus is on the current up leg that started on the 24th of January and, for now, continues to gather upward momentum. This market update is going to solely focus on the current technicals we’re seeing below on the D1...

Hi traders, focus is on gold today as we watch demand and support levels continue to develop. Gold took a mighty dive last week after the USD took flight sinking risk markets in its wake. Gold was looking good, trading up to $1850 before momentum shifted. The move looks to...

Hi traders, today we’re taking a look at the USDJPY as price continues to show signs of support. Looking at the daily chart we can see that 114.08 continues to show signs of support holding firm for buyers since the 13th. Not only does this level sit just above a round...

Hi traders, today we’re looking at the NDX100 CFD index, which tracks the Nasdaq as its price crashed through a support point we have been watching since last week. As mentioned, we spent most of today watching 15,500 which is a secondary support level below 15,600. This...

Hi traders, to end the week we’re looking at Gold, as price looks to have found resistance after what has been a positive week so far. Looking at the current situation, we can see that the main trend is an uptrend. Вe can see the last move higher started from a resistance...