Tag: alert

Today we’re looking at Algorand (ALGOUSD) as price has started to re-hold at key support. Will we see buyers hold the move higher today and set up a new hold? Our focus remains on key support, but let’s look at the lead up to this level. First, we can see the...

Today we’re looking at oil as the price looks to have started to stall after a steady two-week decline. Key support continues to hold, but seller’s signs remain. After the initial pullback, buyers once again got price back into the 100 dollar area. This was short-lived...

This week so far has definitely been about the USD. Price has seen solid gains so far, with the index adding 0.98% and hitting a new weekly high of 99.65. Inflation worries in the US, followed by aggressive comments from the Fed regarding rate increases to combat soaring...

Looking at Bitcoin, we are seeing a few things to keep an eye on. So far, crypto markets look to be following equities lower after yesterday’s Fed shock around inflation worries and policy adjustment to try and correct it (rate rises). Today has seen a second straight day...

Looking at ICPUSD we can see solid buyer demand today. The price holds a 4% gain and is trading up to 22.8. Focus remains on if today’s bullish bar can take the next step and form a new continuation. After a long, drawn-out downtrend that started in September 2021, price...

Looking at the HK50 today, we can see the price has started to break out of its consolidation pattern. Last month we discussed the plunge we saw on the HK50 as the price crashed back to 18,139. Things changed dramatically as buyers surged the price higher, adding 10% in one...

Today we’re looking at AUDUSD after the price failed once again to hold above .75 cents. The newest rejection also lines up with key resistance that also continues to hold buyers at bay. Price failed at 75 cents for a fifth time today, reinforcing the current supply area....

Buyers have so far added 1.60% today after we saw a new hold at 979. This level first developed as support back on the 15th March after sellers were defeated. This point set up a new short–term rally. Price was stopped at the key supply area, and once again, we saw a new...

As traders continue to watch the situation between Ukraine and Russia, we continue to see certain risk markets pull back losses seen on the outbreak of the conflict. The US30 is one of the indexes that have pulled together several solid weeks after setting lows in February....