NatGas on cusp of new impulse wave
NatGas now retesting weekly resistance level Bulls attempting to start new impulse wave Four potential targets identified Bullish scenario invalid if NatGas breaks below 3.357Read More
View ArticleCrude oil bears dominate the scene
Crude oil under pressure on D1 timeframeH4 timeframe confirms that bears are in controlKeep eye on Parabolic SAR and MACDThree potential bearish targets identified on H4 chartIf the 83.94 level broken,...
View ArticleSPX500 _m in “impasse” after stunning rally
SPX500_m printed a doji candlestick on Monday Doji candlestick reveals traders' indecision Bulls see impasse as calm before surge to 4400 Countertrend opportunity beckons for bears Benchmark stock...
View ArticleMid-Week Technical Outlook: Oil closes below 200-day SMA
Crude dives over 4% in previous session Prices secure daily close below 200-day SMA Monthly and weekly timeframe signal further downside Bears in control on D1 charts but RSI near oversold territory...
View ArticleBitcoin shoots past $36k on ETF excitement
Bitcoin hits highest level in 18 months Cryptocurrency boosted by ETF excitementBullish flag seen on H4 chartWeekly resistance level Read More
View ArticleMid-Week Technical Outlook: Gold heading back towards $2000?
Mid-Week Technical Outlook: Gold heading back towards $2000?Lukman.Otunuga…Wed, 11/15/2023 - 13:42/s3-static/markets/field/image/Metals/gold_3_0_0.jpgAfter rebounding from the 200-day SMA earlier this...
View ArticleSPX500_m bulls eye key resistance level
SPX500_m bulls eye key resistance level Lukman.Otunuga…Thu, 11/16/2023 - 13:14/s3-static/markets/field/image/Generic/sp500_up_or_down__4.jpgThe SPX500_m has gained 2% so far this week thanks to growing...
View ArticleWeek Ahead: More pain ahead for oil?
Week Ahead: More pain ahead for oil?Lukman.Otunuga…Fri, 11/17/2023 - 14:19/s3-static/markets/field/image/Oil/shutterstock_362398295.jpgDespite the holiday-shortened week ahead in the United States,...
View ArticleUSDInd hits 3-month low. More room to fall?
USDInd hits 3-month low. More room to fall?han.tan@FXTM CY CATue, 11/21/2023 -...
View ArticleBrent advances ahead of OPEC+ decision
Brent advances ahead of OPEC+ decisionLukman.Otunuga…Thu, 11/30/2023 - 11:23/s3-static/markets/field/image/Oil/opec_logo_shrouded_in_mist_fog_0_1_0.jpgOil extended gains on Thursday as market focus...
View ArticleUSDInd slips below weekly support
USD Index busy with a D1 downtrendBroken weekly support may turn to resistance levelH4 bearish scenario triggeredif 103.060 price level breachedRead More
View ArticleUSDJPY bears eye weekly support
USDJPY bears eye weekly support Lukman.Otunuga…Tue, 12/05/2023 - 11:31/s3-static/markets/field/image/Currencies/JPY/yen_close_up_10000_0.jpgThe USDJPY could be on the cusp of creating a new impulse...
View ArticleMid-Week Technical Outlook: EURUSD closes below 200-day SMA
Mid-Week Technical Outlook: EURUSD closes below 200-day SMA Lukman.Otunuga…Wed, 12/06/2023 - 13:27/s3-static/markets/field/image/Currencies/EUR/euro-usd_1_0.jpgThe EURUSD entered standby mode on...
View ArticleGold bears eye weekly support ahead of US CPI
Gold bearish on daily timeframe 4 potential targets identified on H4 chart.Bearish scenario invalidated above 2039.91Watch out for US Read More
View ArticleEURGBP braces for BoE/ECB tag team
EURGBP braces for BoE/ECB tag team Lukman.Otunuga…Thu, 12/14/2023 - 11:34/s3-static/users/user17/shutterstock_1025257378_2_0.jpgA super central bank combo featuring the Bank of England (BoE) and...
View ArticleJap225_m squeezed into “symmetrical triangle”
Jap225_m squeezed into “symmetrical triangle”han.tan@FXTM CY CAThu, 12/21/2023 - 10:19/s3-static/markets/field/image/Countries/Japan%20flag%20and%20generic%20candlesticks_0.jpgJapan's benchmark stock...
View ArticleBrent oil eases lower on "death cross"
Brent oil eases lower on "death cross"han.tan@FXTM CY CAWed, 12/27/2023 - 13:03/s3-static/markets/field/image/Oil/black_oil_cusped_in_blue_gloved_hands_0.jpgBrent's 50-day simple moving average (SMA)...
View ArticleGold bears linger ahead of Fed minutes
Gold bears linger ahead of Fed minutesLukman.Otunuga…Wed, 01/03/2024 - 11:06/s3-static/markets/field/image/Metals/gold_3_0_0_2.jpgGold regained some upward momentum mid-December 2023, providing a...
View ArticleNQ100_m: Hung over as it awaits NFP
NQ100_m: Hung over as it awaits NFPLukman.Otunuga…Thu, 01/04/2024 - 11:05/s3-static/markets/field/image/Generic/nasdaq_crypto_ecosystem_3_0.jpgThe NQ100_m has closed lower for two consecutive days in...
View ArticleTrade of The Week: Bitcoin ETF awaits SEC approval
Clock ticks down to Bitcoin ETF deadline Potential SEC approval will mark historic momentWatch out for other possible outcomes Bitcoin could see heightened levels of volatility Will Bitcoin rally or...
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