The Nasdaq price has undergone a patch of massive volatility outbursts recently, owing to rising market unpredictability. This erratic behaviour of the price action means that the current trading opportunity is only suitable for the least risk-averse traders who are primarily using volatility-based trading strategies. The erratic behaviour of the price action is owing to a bundle of contributing factors [...]
Read full analysisThe price of gold is once again consolidating within the boundaries of a massive range, entailing excellent opportunities for the implementation of range-trading strategies. Those involve picking the tops and bottoms within the established range. The consolidation is due to a mixture of conflicting news and statistics, making it impossible for neither bulls nor bears to retain control for long. On the one [...]
Read full analysisThe price of Bitcoin managed to recover some of its substantial losses that were incurred last week, though the prevailing bearish pressure is still far from being exhausted. The pullback is currently drawing near the next Fibonacci threshold, though once it reaches it, the broader downtrend would likely continue to head lower. That is why the underlying setup can be utilised by bears looking to implement [...]
Read full analysisThe price of crude oil plummeted last week after Russia proposed an increase in production at the last OPEC+ meeting, which took place on Thursday. The plunge was further bolstered by the fact that the recent fears concerning the energy crisis in Europe, which kept energy demand high for some time, have now mostly subsided. And while the risk of global supply and demand disruptions continues to pose a [...]
Read full analysisThe recent downtrend on the EURUSD pair appears to have already bottomed out, as the greenback's rally is temporarily put on a halt. Given this waning bearish sentiment, the underlying setup looks suitable for the implementation of contrarian trading strategies at the new dip. Several crucial factors contribute to the depreciation of the greenback in the short term, the most significant one being the [...]
Read full analysisInvestors' fears concerning the new coronavirus variant spur a selloff on higher-risk assets, including Bitcoin and Ethereum. The bearish reversal on ETHUSD is further bolstered by mounting geopolitical tensions and rising inflation concerns. Therefore, the current setup is suitable for the implementation of contrarian trading strategies by bears. [...]
Read full analysisThe price of Bitcoin has been consolidating around the psychologically significant threshold of 60000.00 over the last several days, as bearish pressure keeps increasing. Our analysis examines all of the reasons why bears would likely retain control in the near term, and the price would continue to depreciate. Bitcoin's latest rally was mostly owing to heightened investors' optimism. The demand for the [...]
Read full analysisThe price action of the Nasdaq composite index is currently testing the psychologically significant resistance level at 16000.00, which is also the all-time highest resistance level, for a second time over the last several days. Due to the significance of this threshold as a major turning point, there is a very high probability that a second dropdown would emerge from it in the very near future. [...]
Read full analysisThe price action of the EURUSD continues establishing a major bearish trend, which looks poised to reach new dips in the medium term. However, a bullish pullback would eventually take place, which means that both bulls and bears might have a chance to take advantage of the underlying setup in the foreseeable future. Why is there such a massive discrepancy between the bullish bias driving the rally of the [...]
Read full analysisThe price action of crude oil appears to be in the early stages of establishing a new bearish trend, as it attempts to break down below the lower boundary of a major consolidation range. This range serves as a Distribution of a broader Wyckoff Cycle, which means that the trend reversal if it is indeed to take place, would likely be marked by predictable behaviour of the price action. [...]
Read full analysisThe Nasdaq price has undergone a patch of massive volatility outbursts recently, owing to rising market unpredictability. This erratic behaviour of the price action means that the current trading opportunity is only suitable for the least risk-averse traders who are primarily using volatility-based trading strategies. The erratic behaviour of the price action is owing to a bundle of contributing factors [...]
The price of gold is once again consolidating within the boundaries of a massive range, entailing excellent opportunities for the implementation of range-trading strategies. Those involve picking the tops and bottoms within the established range. The consolidation is due to a mixture of conflicting news and statistics, making it impossible for neither bulls nor bears to retain control for long. On the one [...]
The price of Bitcoin managed to recover some of its substantial losses that were incurred last week, though the prevailing bearish pressure is still far from being exhausted. The pullback is currently drawing near the next Fibonacci threshold, though once it reaches it, the broader downtrend would likely continue to head lower. That is why the underlying setup can be utilised by bears looking to implement [...]
The price of crude oil plummeted last week after Russia proposed an increase in production at the last OPEC+ meeting, which took place on Thursday. The plunge was further bolstered by the fact that the recent fears concerning the energy crisis in Europe, which kept energy demand high for some time, have now mostly subsided. And while the risk of global supply and demand disruptions continues to pose a [...]
The recent downtrend on the EURUSD pair appears to have already bottomed out, as the greenback's rally is temporarily put on a halt. Given this waning bearish sentiment, the underlying setup looks suitable for the implementation of contrarian trading strategies at the new dip. Several crucial factors contribute to the depreciation of the greenback in the short term, the most significant one being the [...]
Investors' fears concerning the new coronavirus variant spur a selloff on higher-risk assets, including Bitcoin and Ethereum. The bearish reversal on ETHUSD is further bolstered by mounting geopolitical tensions and rising inflation concerns. Therefore, the current setup is suitable for the implementation of contrarian trading strategies by bears. [...]
The price of Bitcoin has been consolidating around the psychologically significant threshold of 60000.00 over the last several days, as bearish pressure keeps increasing. Our analysis examines all of the reasons why bears would likely retain control in the near term, and the price would continue to depreciate. Bitcoin's latest rally was mostly owing to heightened investors' optimism. The demand for the [...]
The price action of the Nasdaq composite index is currently testing the psychologically significant resistance level at 16000.00, which is also the all-time highest resistance level, for a second time over the last several days. Due to the significance of this threshold as a major turning point, there is a very high probability that a second dropdown would emerge from it in the very near future. [...]
The price action of the EURUSD continues establishing a major bearish trend, which looks poised to reach new dips in the medium term. However, a bullish pullback would eventually take place, which means that both bulls and bears might have a chance to take advantage of the underlying setup in the foreseeable future. Why is there such a massive discrepancy between the bullish bias driving the rally of the [...]
The price action of crude oil appears to be in the early stages of establishing a new bearish trend, as it attempts to break down below the lower boundary of a major consolidation range. This range serves as a Distribution of a broader Wyckoff Cycle, which means that the trend reversal if it is indeed to take place, would likely be marked by predictable behaviour of the price action. [...]