The Germany 40 index is currently in a short-term downtrend, as observed on the 1-hour time frame. This bearish movement is confirmed by a classic technical signal known as the Death Cross, where the 20-period moving average has crossed below the 60-period moving average. This crossover is a strong indicator of [...]
Read full analysisAfter reaching a significant resistance level and forming a Double Top Chart Pattern at $3.00, Natural Gas (NGAS) has begun a notable decline, signaling a potential shift in market sentiment. Currently, a bearish "Death Cross" formation is on the horizon, as the 20-day moving average (MA) appears poised to cross below the [...]
Read full analysisThe US30 index is currently displaying significant bullish momentum, highlighted by the formation of a Golden Cross, where the 20-day moving average (MA) has crossed above the 60-day MA. This technical pattern is widely regarded as a strong upward signal, often indicating the potential for continued price gains. However, after reaching new highs earlier this week, the index is now experiencing [...]
Read full analysisThe Golden Cross pattern, where the 20-day moving average (MA) crosses above the 60-day MA, is a classic bullish signal, indicating a potential shift towards [...]
Read full analysisGold (XAUUSD) on the 30-minute chart is showing strong bearish momentum. The Death Cross of the 20-period MA breaking below the 60-period MA signals a shift to a downtrend. Price action confirmed the move with a break below [...]
Read full analysisThe Golden Cross of the 20 MA breaking above the 60 MA is a strong bullish indicator for USDCAD. The RSI
Read full analysisOn the 4-hour chart, we observe the 20 MA crossing above the 60 MA, signaling a bullish trend. However...
Read full analysisThe price action of Ethereum is currently attempting to strengthen above the psychologically significant threshold at 2500.00, in what can be considered as an early bullish signal. The cryptocurrency collapsed last week following the sudden Russian invasion of Ukraine, as traders and investors dumped high-risk assets in the search for lower-risk securities. Despite these tribulations, however, Ethereum was [...]
Read full analysisCrude oil, being the energy market benchmark, is being affected quite substantially by the ongoing tensions between Russia and Ukraine. The prospect of war could disrupt the global supply chains of crude oil as Russia is one of the biggest exporters of the commodity, as well as the most significant member of OPEC+, which is what is prompting the heightened demand for the commodity. [...]
Read full analysisAs was forecasted by our last analysis of gold, the price action reached the previous swing peak at 1915.00. This is where a major bearish reversal is likely to take place, given the confluence of mounting bearish signals. That is why the underlying setup seems favourable to bears looking to implement contrarian trading strategies. Bulls, in contrast, could potentially seek to enter long on the next dip as [...]
Read full analysisThe Germany 40 index is currently in a short-term downtrend, as observed on the 1-hour time frame. This bearish movement is confirmed by a classic technical signal known as the Death Cross, where the 20-period moving average has crossed below the 60-period moving average. This crossover is a strong indicator of [...]
After reaching a significant resistance level and forming a Double Top Chart Pattern at $3.00, Natural Gas (NGAS) has begun a notable decline, signaling a potential shift in market sentiment. Currently, a bearish "Death Cross" formation is on the horizon, as the 20-day moving average (MA) appears poised to cross below the [...]
The US30 index is currently displaying significant bullish momentum, highlighted by the formation of a Golden Cross, where the 20-day moving average (MA) has crossed above the 60-day MA. This technical pattern is widely regarded as a strong upward signal, often indicating the potential for continued price gains. However, after reaching new highs earlier this week, the index is now experiencing [...]
The Golden Cross pattern, where the 20-day moving average (MA) crosses above the 60-day MA, is a classic bullish signal, indicating a potential shift towards [...]
Gold (XAUUSD) on the 30-minute chart is showing strong bearish momentum. The Death Cross of the 20-period MA breaking below the 60-period MA signals a shift to a downtrend. Price action confirmed the move with a break below [...]
The Golden Cross of the 20 MA breaking above the 60 MA is a strong bullish indicator for USDCAD. The RSI
On the 4-hour chart, we observe the 20 MA crossing above the 60 MA, signaling a bullish trend. However...
The price action of Ethereum is currently attempting to strengthen above the psychologically significant threshold at 2500.00, in what can be considered as an early bullish signal. The cryptocurrency collapsed last week following the sudden Russian invasion of Ukraine, as traders and investors dumped high-risk assets in the search for lower-risk securities. Despite these tribulations, however, Ethereum was [...]
Crude oil, being the energy market benchmark, is being affected quite substantially by the ongoing tensions between Russia and Ukraine. The prospect of war could disrupt the global supply chains of crude oil as Russia is one of the biggest exporters of the commodity, as well as the most significant member of OPEC+, which is what is prompting the heightened demand for the commodity. [...]
As was forecasted by our last analysis of gold, the price action reached the previous swing peak at 1915.00. This is where a major bearish reversal is likely to take place, given the confluence of mounting bearish signals. That is why the underlying setup seems favourable to bears looking to implement contrarian trading strategies. Bulls, in contrast, could potentially seek to enter long on the next dip as [...]