TOP50’sTOP10 (ADAUSD, NEARUSD, ETHUSD, BTCUSD, ATOMUSD, MATICUSD, CROUSD, XTZUSD, FTTUSD, SOLUSD)
Raw Sugar (SB) Testing Key .20 Level
Raw Sugar (SB) gained more than 1% yesterday, briefly breaking above the psychologically key 0.20 whole figure level. Significantly, SB is extending its rally from triangle resistance (on the daily chart), arguably completing a massive Bull Flag consolidation since September…
USDCAD Daily MACD Positively Crossing
The USDCAD is gaining for a 2nd straight day, and now comfortably back above the psychologically key 1.25 whole figure level. Significantly, the USDCAD has bounced off Monday’s fresh 2022 low, and is nearing the 38.2% Fib retrace of the March to April slide…
Gold (GC) Consolidating Near 38.2% Fib Retrace of Aug-Mar Rally Extension
Gold (GC) is consolidating in today’s Asia morning, testing triangle support (on the 4hr chart). Significantly, GC is back below the 38.2% Fib retrace of the August to March rally extension, and is at risk of breaking below triangle support (on the daily chart) after today’s highly anticipated FOMC Minutes at 2pm EST…
Nasdaq100 (NQ) Near 61.8% Fib Retrace of Jan-Mar Slide
The Nasdaq100 (NQ) is hesitating in today’s Asia morning after yesterday’s reclaiming of the psychologically key 15k whole figure level. Significantly, with NQ once again approaching the 61.8% Fib retrace of the January to March slide, NQ will likely see further hesitation in the next day or so…
Wheat Tries Stabilizing Near Key 1000 Level
Wheat (ZW) is trying to firm to start the week, showing early signs of trying to halt the near month long slide from the 2022 high. Significantly, ZW is testing the 61.8% Fib retrace of the war surge, and appears to be trying to reclaim the psychologically key 1000 whole figure level…
Ethereum (ETHUSD) Weekly MACD Trying to Positively Cross
TOP50’sTOP10 (ETHUSD, NEARUSD, ADAUSD, BTCUSD, ATOMUSD, XTZUSD, FTMUSD, DOTUSD, MATICUSD, CROUSD)
Cocoa (CC) Weekly MACD Trying to Positively Cross
Cocoa (CC) edged higher yesterday with a daily Doji, gaining for a 4th straight day. Significantly, CC appears poised to extend its 2 week bounce within what is arguably a slight upchannel (on the weekly chart)…
EURUSD Weekly MACD Trying to Positively Cross
The EURUSD consolidated in today’s Asia morning after surging a second straight day yesterday. Significantly, the EURUSD has just reclaimed the January low and the 50% Fib retrace of the February to March bear extension…
Silver (SI) Sharply Reverses Back to Near Key 25 Level
Silver (SI) formed a daily Hammer yesterday, reversing much of yesterday’s initial sharp losses. Significantly, SI is trying to halt the strong profittaking from the March high, and is suddenly back to near the psychologically key 25 whole figure level…