WAIT FOR EGX30 UPWARD MOVEhigher lows with breaking of downtrend with bullish move then retracement happened with no sign of big bearish movement so expect upward move after fomration of bullish momentum again Longby Mustafa_Abdel_Hadii2
NAS100 Is Bullish! Long! Please, check our technical outlook for NAS100. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18,703.48. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18,750.36 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 112
US30 Will Grow! Long! Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 38,715.0. The above observations make me that the market will inevitably achieve 39,991.0 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 116
DXYAs seen on the 4hr chart dxy is heavily bearish guided by that trend line I can see a possible H&S price pattern forming @ 104.400 psychological level i can therefore anticipate a further drop in DXY prices Shortby BillionaireBankz2
NAS100NAS100 is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals8
US30Waiting on price to retest support, filling the spike just below current price and tapping new zone created below the spike to go long #Ib_Firm.by IbFirm1
DAX rising weaklyMarkets rose on Wednesday, recovering losses from the previous session in anticipation of important data on regional activity and awaiting the ECB's latest monetary policy meeting. At the open, it was up 0.4%. It was followed by the French CAC40 and the FTSE 100 with 0.5% and 0.3% respectively, and finally the Spanish IBEX35 with around 0.4%. A rate cut of 25 basis points from record levels is expected today, heavily influenced and persuaded by signs of moderation in European inflation. The rapidly changing earnings outlook is what is driving this policy possibility. Doubts remain about what will be accepted going into the rest of the year after slightly better-than-forecast inflation data for the eurozone. The French PMI was similar to expectations overall, but services and composite details were slightly lower, the Spanish PMI slightly better than expected, the Italian PMI disappointed with its lower than expected data, and the German data provided relief by improving expectations. The overall Eurozone as a whole showed for the month of April a larger decline being -1% versus -0.5% expected and on an annual basis, -5.7% versus -5.1% expected. Today we have European Parliament elections across Europe, so PMI and production releases in Spain, Italy, France and Germany, which were expected to be better and did not meet expectations, will most likely affect the currency. Retail sales are expected to be negative due to the slowdown in consumption across Europe, so we will just want to see what the central bank tells us this afternoon. Regarding the German index, as we said, it has recovered its bullish mood this day. It has come out of the bearish trading zone of the last few weeks. Since Monday, the German spread has recovered 1.70%. We have to see if it will go back above the all-time highs this Friday or look to do so from next week onwards. What is clear on the chart is that the Trading Point is in the 17,000 zone, the shape being the bell of a possible triple bell with no excessive volume at its top, and the RSI at the moment is in the middle zone. For this reason it would not be unusual to see the German index pierce and pull back strongly to at least the area of 18,279 points approximately. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Editors' picksGShortby ActivTrades55179
Levels discussed during livestream 6th June6th June DXY: Look for DXY to climb to 104.45 before ECB decision, break 104.45 could trade up to 104.75 - 105 NZDUSD: Sell 0.6195 SL 25 TP 55 AUDUSD: Sell 0.6625 SL 15 TP 30 USDJPY: Buy 156.65 SL 30 TP 130 (Hesitation at 157.40) GBPUSD: Sell 1.2750 SL 20 TP 60 EURUSD: Sell 1.0860 SL 20 TP 70 (ECB Rates Decision) USDCHF: Sell 0.88808 SL 30 TP 70 USDCAD: Buy 1.3725 SL 20 TP 55 Gold: Look for bounce at 2352 or 2338by JinDao_Tai7
long ideamomentum built up and price is likely to shoot up on us open, great risk to reward ratio Longby Khalidd933
Future Scenarios for the Dollar Index As you know, the Dollar Index (DXY) impacts all major markets, including Forex, cryptocurrencies, and stocks. Therefore, as a trader, you should always keep an eye on this index 📈. We are currently at a critical decision-making point for this index. This decision can determine the medium to long-term trend of the Dollar Index. Support and Resistance Levels Support: 104 Resistance: 104.4 A small range is forming between these levels, and breaking out of this range can be significant. However, we need a strong candle on the 4-hour timeframe to confirm this move 🕒. Pattern Formation A QM pattern is forming on this index in a downward direction. While it hasn't confirmed an entry yet, if we see a strong bearish candle on the 1-hour timeframe, we can consider entering positions on USD pairs 📉. Risk Management Tips Remember, risk management is crucial. In financial markets, anything can happen at any moment, and nothing is 100% certain ⚠️. Categories Trend Analysis Support and Resistance Risk Management Hashtags #DollarIndex #Forex #Crypto #Tradecitypro #TCP #MarketAnalysis #SupportAndResistance #RiskManagement #TrendAnalysis Feel free to like, comment, and share your thoughts! 👍💬🔄by tradecitypro7794
Nvidia Drives S&P 500 Market Cap Surge with 36% ContributionThe price has reached our target, as mentioned yesterday, with a gain of +1.20%, approximately $60. The SPX has recorded a new all-time high and continues to gain. It may retest down to 5347 before pushing up to 5378. Overall, it could potentially reach 5320 if it stabilizes below 5347. As long as it trades above 5320, an uptrend towards 5423 is expected. Bullish Scenario: If the price trades above 5347, it will continue its bullish trend toward 5378, and above that, it could reach 5423. Bearish Scenario: If it stabilizes below 5347, it may drop to 5320. Stabilizing below 5320 on a 1-hour candle could lead to a decline to 5301. Pivot Line: 5347 Resistance Lines: 5378, 5400, 5423 Support Lines: 5320, 5302, 5260 The price is expected to move between the support level of 5320 and the resistance level of 5423. previous idea: Nvidia Drives S&P 500 Market Cap Surge with 36% Contribution in 2024 Shares of US-based chipmaker Nvidia Inc. have had a stellar 2024, soaring nearly 150% and reaching new all-time highs. This impressive performance has significantly contributed to the $4.49 trillion (12%) increase in the S&P 500’s market capitalization, which now stands at $47.16 trillion. Nvidia’s remarkable gains have been a major driving force behind the S&P 500’s record-breaking achievements. The chipmaker's contribution alone accounts for 36% of the index’s market cap surge this year, highlighting its pivotal role in the broader market’s upward trajectory. In addition to Nvidia's impact, the S&P 500 has been bolstered by favorable economic indicators, including cooling jobs data, which has alleviated some inflationary pressures and supported continued market growth. As the S&P 500 hits new records, Nvidia's milestone of reaching a $3 trillion market cap underscores the significant influence of leading tech companies in shaping market trends and driving substantial gains across the board.Longby SroshMayi10
Buy US30 at Blue Lines Break out structure, also trendline has been broken. Market is going to fill up the trend line Longby BlueAreaInvestments2
DAX H4 | Heading into swing-high resistanceThe DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,855.31 which is a swing-high resistance. Stop loss is at 18,960.0 which is a level that sits above the 161.8% Fibonacci extension level and the all-time high. Take profit is at 18,595.85 which is an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:16by FXCM1
DXY is going to 120All market will collapse during 2024 #DXY TVC:DXY sitting at support and preparing big move to the upside Whoever thinks such a big trend like dxy from 90 to 114 ends with only move up, better think twice #DXY TVC:DXY to 120 #GOLD TO 1500$ or LOWER #Silver to 14/10$ #BITCOIN TO 0 #SP500 TO 2000/1800 #EURUSD TO 0.90 #GBPUSD TO 1.00 ALL this will happen during 2024Longby fernandoc17Updated 141456
US2000 H4 | Potential bullish bounce?US2000 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,029.25 which is a pullback support. Stop loss is at 1,993.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at 2,090.11 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:37by FXCM4
Short DAX ideaThe simple ideas are often the best! Lets see DAX pull back a few 100 points around these levels.Shortby lassar1
My Trade idea.i do think my though process was correct but however i saw my setup and i executed and thats my job, losses are unavoidable in trading that why i wont worry about it too much.N02:50by GabrielLc100
US100 downside today? Given the large volume of liquidity around the 18,700 - 18,800 price range, we might expect some downside manipulation today. Considering the recent break to all-time highs, looking for LONG positions at this point could be seen as somewhat premature. It may be more prudent to wait for the market to complete a downward retracement before considering LONG positions. However bare in mind upside continuation could occur. NB: Be on the look out for the PUMP and DUMP. Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Trading involves significant risk and may not be suitable for all investors. Always consult with a financial professional before making any investment decisions. Happy and safe trading people. Shortby rSmashWasHere442
NAS 100 Bullish IdeaNAS 100 break the range upward and formed new HHs. i think NAS100 will follow bullish movement again after retracment till feb level 0.5. my buy limit order entry on feb level 0.5 where should be form new HL on this chart.ULongby asadiii3
Free fall soon?Nasdaq broke the multi month ascending channel, and now seem to retest the zone where the channel broke in the first place, which is a good area for bears to enter the market with a good RR.Shortby yann2zenUpdated 5512
US 30 short - swing trade Taken a nice swing short on US 30 Entry 38810 TP 38777 SL 38828 Entered on on the 15min inverted FVG after a bit of drawdown as we went back into the 5min imbalance (red box) trapping the bulls before heading towards the 30min buyside liquidity sitting around 38777 As long as we do not close back above 38777 expect some further pa to the downside Stay safe and never risk more than 1-5% your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick27071
Long DAXseems like a decent technical level, and with prospects of lower interest rates, I think this could be a decent buy. Longby ScienceBasedTradingUpdated 3
DXY - Weakness ahead of the DollarAccording to my EW count, more weakness could be on the horizon for the U.S Dollar. Indeed, the daily count suggests that waves 1 and 2 of the higher degree third wave have finished and we are in the beginning of a large third wave decline that would take the index below 100.00. A break above 107.34 would negate this view, so selling here with a stop above this resistance would give us a good risk-reward trade.Shortby tchamoun1