Posts de SolidECN - Page 2

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 06, 2022 at 15:43

https://i.ibb.co/Qk2GYMf/gbpusd-forum-1.pngThe British pound is trading ambiguously against the US currency during the morning session, consolidating near 1.2360. After a sharp decline in the trading instrument the day before, which led to an update of record lows since June 2020, trading participants are in no hurry to open new positions, preferring to take short profits.Noticeable pressure on quotes was put by the results of the meeting of the Bank of England on monetary policy. As expected, the regulator raised the rate by 25 basis points and brought it to a 13-year high of 1.00% per annum ...

0 spread low commission broker. dans Traders Expérimentés May 06, 2022 at 15:42

SolidECN provides market raw spread (zero) and the commission is only $3. https://i.ibb.co/zN7Hh35/solidecn-spread.png

American Stock Exchange dans Traders Expérimentés May 06, 2022 at 10:38

https://i.ibb.co/P56ryx2/ftse-forum-1.pngThe leading index of the London Stock Exchange FTSE 100 demonstrates local corrective dynamics and is now at the level of 7487.0. As expected, after the Bank of England raised the interest rate from 0.75% to 1.00% at yesterday's monetary policy meeting, the stock market of the United Kingdom moved to a decline, since adjusting the value is always a negative aspect for risky assets such as stocks. As for the corporate segment itself, the presented financial statements turned out to be ambiguous. Thus, Royal Gold Inc., a company engaged in the sale of...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 06, 2022 at 08:22

https://i.ibb.co/gPhRrZ7/usdchf-forum-1.pngThe US dollar shows moderate growth, developing a strong "bullish" momentum formed the day before and updating record highs since March 2020.Market activity remains subdued again, as US investors prefer to wait for the April report on the national labor market to be published at the end of the week. However, after the increase in the interest rate of the US Federal Reserve, as well as rather restrained comments by the Chair of the regulator, Jerome Powell, who promised not to exceed a reasonable rate of increase in the value by 50 basis poin...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 06, 2022 at 07:51

https://i.ibb.co/ZxndSX1/gold-forum-1.pngOn the daily chart, the development of the third wave of the higher level (5) of 3 continues, in which wave 3 of (5) has formed. At the moment, there is a downward correction as the fourth wave 4 of (5), within which wave c of 4 is being formed.If the assumption is correct, after it is finished, the growth of XAUUSD will continue to the levels of 2100 - 2200. The level of 1827.33 is critical and stop-loss for this scenario.https://i.ibb.co/BKxjTPv/gold.png

Elliot Wave Analysis by SolidECN dans Traders Expérimentés May 06, 2022 at 07:01

https://i.ibb.co/fn0q58b/oil-forum-1.pngOn the daily chart, an ascending wave C is developing, in which the first wave 1 of (1) of C was formed. At the moment, the downward correction continues to develop as the second wave 2 of (1) of C, in which the lower level wave a of 2 has formed and the wave b of 2 is developing. If the assumption is correct, the price will fall to the levels of 77.08 - 62.5. The level of 139.45 is critical and stop-loss for this scenario.https://i.ibb.co/gVTcVVN/oil.png

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 05, 2022 at 09:16

https://i.ibb.co/VjV3jdB/audusd-forum-1.pngThe Australian dollar shows negative dynamics against the US currency during the Asian session, correcting after a sharp rise the day before, which contributed to the movement of AUDUSD quotes to new local highs from April 22.Investors evaluate the results of a two-day meeting of the US Federal Reserve, at which officials raised interest rates by 50 basis points to 1.00%, and also announced a phased introduction of a quantitative tightening program. From June this year, the regulator will begin to reduce its balance sheet by 47.5 billion dollars a mon...

American Stock Exchange dans Traders Expérimentés May 05, 2022 at 08:41

https://i.ibb.co/bQXGdGG/axp-forum-1.pngOn the daily chart, the fifth wave of the higher level (5) is developing, in which wave 3 of (5) appeared and the fourth wave 4 of (5) is developing. At the moment, wave a of 4 has formed, wave b of 4 has completed, and the formation of wave c of 4 has begun, in which the wave of the lower level (iii) of c is being completed. If the assumption is right, the fall of the pair will continue to the levels of 144.62 - 131.35. The level of 192.89 is critical and stop-loss for this scenario.https://i.ibb.co/YfcnBvz/axp.png

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 05, 2022 at 07:45

https://i.ibb.co/JC2NQ5L/usdcad-forum-1.pngThe European currency shows mixed trading dynamics, consolidating near 1.0600 and local highs from April 27. The day before, EURUSD showed the strongest growth in the last few weeks, which was the market's reaction to the results of the two-day meeting of the US Federal Reserve.As expected, the US regulator raised the interest rate by 50 basis points to the range of 0.75%–1.00% and announced the start of a quantitative tightening program, but it will not immediately reach the final volumes of purchases. From June 1, the Fed will start sellin...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés May 05, 2022 at 07:34

https://i.ibb.co/s2kRWgY/forum-2.pngOn the daily chart, the first wave of the higher level (1) of 5 is formed, within which the wave 3 of (1) develops. At the moment, the first wave of the lower level i of 3 has formed, the local correction as the second wave ii of 3 has completed and the third wave iii of 3 is developing, in which wave (iii) of iii is being formed. If the assumption is correct, USDCAD will rise to the levels of 1.32 - 1.341. The level of 1.2455 is critical and stop-loss for this scenario.https://i.ibb.co/xCSYYwd/usdcad.png

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 04, 2022 at 15:44

https://i.ibb.co/RYtpYWk/oil-forum-1.pngA serious rally in the oil market, associated with global economic instability and the development of the Ukrainian crisis, has been going on for more than two months and is unlikely to stop in the near future. Last week, the quotes of WTI Crude Oil resumed growth and rose to the level of 106.25 (Murray [7/8]), which is now being actively tested.The market is in a state of considerable uncertainty, as it is influenced by several opposite factors. The pressure on energy quotes is exerted by the complex epidemiological situation in China, where an increase...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 04, 2022 at 11:50

https://i.ibb.co/YR5Wf75/usdcad-forum-1.pngThe American currency shows flat trading dynamics in tandem with the Canadian dollar, consolidating near 1.2835. The day before, USDCAD showed an active decline, retreating from local highs since the end of December 2021, which was caused by investors fixing long positions in anticipation of the publication of the final protocols of the US Federal Reserve. The consolidated forecast assumes an increase in the interest rate by 50 basis points at once; in addition, the US regulator is likely to announce the start of a program to reduce its balance sheet ...

American Stock Exchange dans Traders Expérimentés May 04, 2022 at 10:10

https://i.ibb.co/vzZZxCD/jp-morgan-forum-1.pngThe asset is in correction; the probability of fall is maintained.On the daily chart, the development of the third wave of the higher level 3 was completed and the development of a downward correction as the wave 4 continues. At the moment there is a formation of the wave (A) of 4, which included the third wave of the lower level 3 of (A). If the assumption is correct, after the wave 4 of (A) is complete, the decline of the price will continue to the levels of 101 - 83.18. The level of 144.05 is critical and stop-loss for this scenario.https://i.ib...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 04, 2022 at 08:19

https://i.ibb.co/DRQ76Vg/gbpusd-forum-1.pngGBPUSD, in anticipation of the meeting of the Bank of EnglandThe pound shows flat trading dynamics against the US currency during the morning session on May 4, consolidating near the level of 1.2500. Traders are in no hurry to open new trading positions, preferring to wait for the publication of the US Fed Meeting Minutes. Analysts have little doubt that the key interest rate will be raised by 50 basis points at once; however, some of them allow for a correction by 75 basis points, citing record inflation over 40 years, as well as fairly stable trends...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés May 04, 2022 at 07:54

https://i.ibb.co/Smfn08H/audusd-forum-1.pngThe probability of the pair reduction remains.On the daily chart, the development of the first wave of the higher level (1) of C has completed and a downward correction as wave (2) of C continues to be formed. At the moment, the wave of the lower level A of (2) is clearly observed; in addition, the development of wave B of (2) has ended and wave C of (2) is forming, in which wave i of C is developing.If the assumption is correct, the pair will fall to the levels of 0.6742 - 0.6446. The level of 0.7456 is critical and stop-loss for this scenario.https:...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés May 03, 2022 at 14:30

https://i.ibb.co/JnNPnp1/paypal-forum-1.pngThe price may rise.On the daily chart, the ascending wave of the higher level A was formed and the downward correction as wave B is developing. At the moment, the formation of wave (A) of B in the form of an impetus has completed, in which the fifth wave of the lower level 5 of (A) has completed. If the assumption is correct, the movement of quotations in the wave (B) of B to the levels of 194.9 - 221.27 is likely. The level of 81.5 is critical and stop-loss for this scenario.https://i.ibb.co/Bn0WLMC/paypal.png

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 03, 2022 at 14:22

https://i.ibb.co/vxGctwb/eurgbp-forum-1.pngEuropean currency under pressureThe euro continues to trade at extremely low levels against its major counterparts, with the exception of the US dollar. Quotes of EURGBP are currently being corrected around 0.8391.Macroeconomic data published the day before were weak: the Manufacturing PMI of Italy fell in April to 54.5 points from 55.8 points last month, and the same indicator in Germany declined to 54.6 points from 56.9 points, and only in France the value remained unchanged at the level of 55.7 points. Thus, the Composite Manufacturing PMI for the ...

American Stock Exchange dans Traders Expérimentés May 03, 2022 at 11:47

https://i.ibb.co/KhST91C/sp500-forum-1.pngCorporate reporting data puts pressure on quotes.S&P 500 is correcting down after the release of the financial results of the leading components and is now trading at 4173.This week may continue the negative wave of reporting giants of the US corporate sector. The holding company controlled by Warren Buffett, Berkshire Hathaway Inc., reported revenue of 70.81B dollars, beating analysts' forecast of 70.19B dollars, but earnings per share were 4.774K dollars, down from 4.901K dollars a quarter earlier.Pfizer Inc., Advanced Micro Devices Inc. (AMD...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés May 03, 2022 at 11:23

https://i.ibb.co/Qnh4mtV/nzdusd-forum-1.pngMarket in anticipation of an increase in interest rates in the USNZDUSD has been showing a downtrend since the end of last month, this week reaching its lowest levels since June 2020 around 0.6410. The pressure on the instrument is due to two main factors: the expectation of tightening of monetary policy by the US Federal Reserve and a decrease in prices for dairy products, which are New Zealand's main export goods.On Wednesday, May 4, a meeting of the US Fed will be held, at which, as expected, the interest rate may be increased by 50 basis point...

Crypto Analytics by Solid ECN dans Crypto May 03, 2022 at 08:00

https://i.ibb.co/b51sn7S/eth-forum-1.pngETHUSD has continued its steady decline since April and hit seven-week lows around 2717 last week.Starting from the weekend, the quotes of the digital asset are attempting an upward correction; however, a serious strengthening of the rate is possible only after the price overcomes the area of 2930 - 2968.27 (Fibonacci retracement 23.6%; Murray [3/8], the center line of Bollinger Bands). In this case, the targets will be at 3125 (Murray [4/8]), 3281.25 (Murray [5/8], Fibonacci retracement 38.2%). The key level for the "bears" is at 2812.50 (Murr...

EURUSD	1.0783	GBPUSD	1.2533	AUDUSD	0.66118
USDJPY	155.651	USDCAD	1.36804	USDCHF	0.9063