SolidECN's Inlägg - sida 13

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 15:05

Apple Inc, stocks are in correctionCurrent trendThe price of the stocks of the global giant in the field of development and sale of personal and tablet computers Apple Inc. continues to trade in a corrective trend, being around 170.Apple Inc. has very successfully started the new fiscal year 2022, demonstrating revenue of 123.9B dollars in Q1, which became an absolute record in the history of the company. This figure is 11% higher than the results of the same period a year earlier.At the end of the quarter, the Board of Directors decided to send 0.22 dollars per share to the holders of its ass...

Crypto Analytics by Solid ECN på Krypto Jan 31, 2022 at 12:00

BTC USD Technical AnalysisCurrent trendLast week, the BTC USD pair attempted a corrective rise and rose above 38600 but is currently trying to resume the decline.The key “bearish” level is 35000 (50.0% Fibonacci correction). Its breakdown allows a decrease to the levels of 3125 and 28300. The key “bullish” level is the middle line of Bollinger bands. The consolidation above it allows further growth to the levels of 43750 and 46500. In general, this option of price movement seems less likely since the downtrend in the market continues. The price is in a downward channel,...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 11:24

EU Economies continue to slow downCurrent trendThe EURUSD pair corrects within a downtrend, trading around the level of 1.116.Additional pressure on the euro is exerted by a serious slowdown in the leading economies of the EU. Meanwhile, the USD Index topped 97 to trade at 97.1. In general, against the backdrop of a rising US dollar, the euro looks like a less attractive instrument for investment, and the current downward trend in the EUR/USD pair is likely to continue this week.Support and resistanceThe currency pair is declining within the global Flag pattern. Indicator Alligator's EMA f...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 09:38

Netflix, Elliot Wave AnalysisThe price may grow.On the daily chart, the third wave of the higher level (3) formed. Now, a downward correction has formed as the fourth wave (4), within which the wave C of (4) has formed, which has reached the correctional level of 62%. If the assumption is correct, the price will grow to the levels of 507.54–702.06. In this scenario, critical stop loss level is 350.54.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 09:02

Silver, Elliot Wave AnalysisThe pair may fall.On the daily chart, the first wave of the higher level (1) of 3 formed, and a downward correction develops as the wave (2) of 3. Now, the wave C of (2) is forming, within which the fifth wave of the lower level v of C is developing. If the assumption is correct, the price will fall to the levels of 20.53–18.34. In this scenario, critical stop loss level is 24.62.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 07:26

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Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 31, 2022 at 06:53

WTI Crude Oil, Elliot wave analysisThe price may grow.On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C develops. Now, the fifth wave of the lower level v of 1 of (1) is developing, within which the wave (iii) of 1 is forming. If the assumption is correct, the price will grow to the levels of 100.00–110.00. In this scenario, critical stop loss level is 75.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 28, 2022 at 13:37

S&P 500Trend change to downwardThe S&P 500 has lost 9.7% from its peak this year and is likely to continue its downtrend amid an outflow of investor capital in anticipation of the upcoming tightening of the monetary policy by the US Federal Reserve.The medium-term trend in the asset changed to a downtrend last week with reaching the target zone (4376-4354), which was broken this week, opening a new target for the "bears" at the target zone (4146-4123). The trend boundary is shifting to the area of 4550.0–4437.0, from where it is possible to search for new short position...

Crypto Analytics by Solid ECN på Krypto Jan 28, 2022 at 12:36

Cryptocurrency Market ReviewThis week, the cryptocurrency market remained calm, and leading assets made minor attempts to increase or decrease. BTC is currently trading around 37000.00 (+4.5%), ETH is at 2430.00 (–0.5%), USDT is around 1.0006 (–0.01%), BNB is at 390.00 (+2,0%), and USDC is around 0.9997 (–0.04%). The total market capitalization decreased to $1.669T, while the share of BTC rose to 41.94%.The fears of several experts of a further serious fall in the cryptocurrency market after the meeting of the US Federal Reserve did not materialize. The American regulator con...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 28, 2022 at 10:14

EUR/USDThe "bearish" sentiment in the asset is intensifyingCurrent trendThe European currency shows ambiguous dynamics of trading against the US dollar during today's Asian session, consolidating near the level of 1.1150. The day before, EUR/USD showed a steady decline, as a result of which it updated record lows from June 2, 2020.The reason for the strengthening of "bearish" sentiment yesterday was the strong data on the dynamics of US GDP for Q4 2021. The official noted the achievements of the American economy and said that board members are considering a rate hike as...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 28, 2022 at 07:37

Gold, Elliot Wave AnalysisThe pair may grow.On the daily chart, the fifth wave of the higher level (5) develops, within which the first entry wave 1 of (5) formed, the correctional wave 2 of (5) developed, and the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming. If the assumption is correct, the pair will grow within the wave to the levels of 1919.90–2067.60. In this scenario, critical stop loss level is 1752.82.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 28, 2022 at 07:11

Brent Crude Oil, Elliot Wave AnalysisThe price may grow.On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C develops. Now, the fifth wave of the lower level v of 1 is forming, within which the wave (iii) of 1 is developing. If the assumption is correct, the price will grow to the levels of 100.00–115.00. In this scenario, critical stop loss level is 69.45.

Crypto Analytics by Solid ECN på Krypto Jan 27, 2022 at 16:40

Cardano, decline may continueThe ADA/USD pair continues to decline for the second week in a row as part of the general market trend and is now trading around 1.03.The pressure on the cryptocurrency market was exerted by the US Federal Reserve meeting, as a result of which the regulator announced a rate increase soon by 0.25%, as well as an upcoming significant reduction in the balance sheet. The head of the department, Jerome Powell, said that the US economy no longer needs serious monetary support, which indicates the possibility of further reduction in incentives and the strengthening of the...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 27, 2022 at 15:55

Gold, correction before further growthCurrent trendGold quotes are declining due to the rhetoric of the US Federal Reserve about the upcoming tightening of monetary policy and the intention of the regulator to fight inflation with the help of a consistent increase in interest rates.As a result, the XAU/USD pair fell to the support level of $1812, but the uptrend continues. Investors have temporarily turned their attention to the US dollar. At the moment, there is an outflow of capital from the US stock market and the precious metals market. If the "bears" manage to break through the ...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 27, 2022 at 14:55

The pound is under pressure from the results of the US Fed meetingCurrently, the pound is under pressure from the outcome of the US Fed meeting. The regulator, as expected, announced its intention to raise the interest rate on short-term loans by 0.25% in the near future, but the exact date was not announced, however experts continue to believe that this will happen in March. In addition, a reduction in the balance sheet of the US Fed was announced, which now significantly exceeds the required volume. Commenting on the current situation, the head of the regulator Jerome Powell noted that the r...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 27, 2022 at 09:52

USD/CHF, Elliot Wave AnalysisThe pair is in a correction, a fall is possible.On the daily chart, the first downward wave of the higher level (1) of 3 formed, and an upward correction developed as the second wave (2) of 3, within which the wave C of (2) formed. Now, the development of the third wave (3) of 3 has started, within which the first wave of the lower level i of 1 of (3) has formed, and the development of the local correction ii of 1 of (3) is ending. If the assumption is correct, after the end of the correction, the pair will fall to the levels of 0.8921–0.8758. In this scenari...

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 27, 2022 at 06:42

USD/CAD, Elliot Wave AnalysisThe pair may grow.On the daily chart, a downward correction developed as the wave of the higher level 4, and the development of the fifth wave 5 started, within which the wave (1) of 5 forms. Now, the third wave of the lower level 3 of (1) is developing, within which the wave i of 3 has formed, and a local correction has ended as the wave ii of 3. If the assumption is correct, the pair will grow to the levels of 1.3200–1.3410. In this scenario, critical stop loss level is 1.2446.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 26, 2022 at 14:49

USD/CADDecline under pressure from rising oil pricesCurrent trendAfter the USD/CAD pair couldn't break the resistance level of 1.2650, it resumed its downward dynamics to 1.2500. The pressure on the asset is exerted by the growth of quotations for WTI Crude Oil, which reached $86 per barrel. Further strengthening of the oil prices to 90.00 will contribute to the continued decline of the USD/CAD pair and allow the "bears" to reach the level of 1.2500.The long-term trend in the USD/CAD pair is upwards. At the moment, a correction is developing, and the breakdown of 1.2500 allows re...

Crypto Analytics by Solid ECN på Krypto Jan 26, 2022 at 12:26

XRP/USD Technical analysisCurrent trendThe XRP/USD pair continues to trade within a long-term downward channel.In general, the downward trend in the market continues, which is confirmed by a downward reversal of Bollinger bands and an increase in the MACD histogram in the negative zone. However, the upward reversal of Stochastic from the oversold zone does not exclude a corrective growth of the XRP/USD pair to the area of 0.7500 but is unlikely to break the current downtrend.Support and resistanceResistance levels: 0.7500, 0.7812, 0.9100, 0.9766.Support levels: 0.5859, 0.4883, 0.3906.

Technical & Fundamental Analysis by Sold ECN Securities på Erfaren Traders Jan 26, 2022 at 11:51

USD/JPYThe instrument is preparing to continue growingCurrent trendAt the beginning of the current trading week, the USD/JPY pair corrected to January's low around 113.50 but stopped the decline and is now regaining lost positions in anticipation of the US Federal Reserve rate decision.It is expected that in January, the agency will leave the parameters of monetary policy at the same level and the rate at 0.25%. However, forecasts for the near future will be extremely important for the market. As a result of the January meeting, which will end on Wednesday, the US regulator may signal to t...

EURUSD	1.0737	GBPUSD	1.27076	AUDUSD	0.66153
USDJPY	157.683	USDCAD	1.3715	USDCHF	0.8884

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