Trading Signals & Education

2023-02-23 13:42:57 Alibaba: It's time to sell some of the shares

Entry Date: November 4, 2022

Entry Rate: $65.21

Position: Buy (Long)

End Rate: $94.78

Profit: 45.35% Open / Comment

2023-02-22 12:27:21 USD Vs CAD
USD/CAD pair attacks more buyers for the second consecutive day, reaching its highest level since January 6 in the first half of the European trading session.
As of now, the pair is trading at around the 1.3550 level and appears to be set to continue its upward trend observed over the last week or so.
We placed some optional pending order for short-mid time frames.

Trade safe! Open / Comment

2023-02-17 11:08:24 GBP Vs USD Analysis
The GBP/USD pair gains some positive traction today and reverses a part of the previous day's slide to levels just below the 1.2000 psychological mark, or over a one-week low.
The pair sticks to its modest intraday gains through the first half of the European session and is currently placed just above mid-1.2000s.

Trade safe! Open / Comment

2023-02-09 12:32:53 EUR / USD: Wait for the next move
The trend is clear since September last year.
All we need to do is to place pending order for both scenarios and wait.
The euro is now trying to break the resistance line upward, if it manages to do so we will see a continuation of the trend, if not, it'll drop all the way to the previous support line.

Trade Safe! Open / Comment

2023-02-07 12:56:11 Bank of America (BAC): Follow up
The most accurate ever! Open / Comment

2023-02-03 14:53:41 Why did Bitcoin price go down today?
The price of Bitcoin declined today due to the strengthening U.S. dollar.
The hype around the FED's rate hike and market analysis has subsided.
Additionally, concerns over the Consumer Price Index also contributed to the drop in price.

But there is also good news: US indices futures!
S&P500: +1.47%
Nasdaq: +3.25%

A good day in the stock market can push the Bitcoin upward!

Trade safe! Open / Comment

2023-01-24 14:18:24 Bank of America (BAC): A great hit! Open / Comment

2023-01-12 14:56:46 Shiba Inu coin: SHIB/USDT
There's not much hope for this the meme cryptocurrency which seems hit a powerful resistance line, is the next drop just around the corner?
Stay tuned & Trade safe! Open / Comment

2023-01-10 14:29:11 Bank of America (BAC): A great potential for the mid-term
Bank of America is one of the largest banks in the United States, with more than 4,000 branches and 16,000 ATMs located across the country.
In 2008-2009, the bank was among the many banks that required a government bailout during the financial crisis.
Despite these controversies, Bank of America remains a major force in the banking industry and continues to be a trusted financial institution for millions of customers.

Technical analysis
We may see a drop of up to 5% in the coming weeks before the recovery that should take place in the first 2 quarters of the year.

Trade safe! Open / Comment

2023-01-08 14:38:24 Top events of the week
The week is going to be full of important events that will create very good trading opportunities, find below the most important and influential ones.

Tuesday
Fed Chair Powell Speaks: 08:00 am Central Time
Jerome Powell, the chair of the Federal Reserve, will be delivering a speech. As the head of the central bank that sets short-term interest rates, Powell has a significant impact on the value of the US dollar.
Traders pay close attention to his speeches as they may provide clues about future monetary policy decisions.

Wendesday
Retail Sales (Nov):11:30 Sydney Time
Australia's retail sales refer to the total amount of sales made by retailers in Australia over a certain period of time (this time: During November).
Retail sales data is considered an important economic indicator in Australia as it provides insight into consumer spending patterns and trends within the country.
Previous: -0.2%
Forecadt: 0.7%

Crude Oil Inventories: 09:30 am Central Time
Crude oil inventories refer to the amount of unrefined petroleum held in storage by a particular country or region. This time the data will be even more important due to the storm in the USA.

Thursday
CPI * Initial Jobless Claims: 07:00 am Central Time
The most important data in measuring the local economy and serve as a very significant tool in the central bank's decision regarding the interest rate change.

Earnings Report: Taiwan Semiconductor (TSM)
Earnings Report: Marks & Spencer Group Plc (MAKSY)

Friday
UK GDP: 07:00 am GMT
Gross Domestic Product, is a measure of the size and strength of a country's economy. It is calculated by adding up the value of all goods and services produced in the UK over a certain period of time, this time: January 2023 + Q4 2022 + 2022 (All).
GDP is considered one of the most important indicators of a country's economic health.

Earnings Report: UnitedHealth (UNH)
Earnings Report: JPMorgan (JPM)
Earnings Report: Bank of America (BAC)
Earnings Report: Wells Fargo&Co (WFC)
Earnings Report: BlackRock (BLK)
Earnings Report: Citigroup (C) Open / Comment