Wheat futures remain in a consolidation phase as market participants closely monitor developments in Russia-Ukraine negotiations, which could significantly influence global grain supply dynamics. Meanwhile, technical analysis highlights a potential bullish signal, with the Crab harmonic pattern suggesting a possible price rebound from the 5,300 level. Traders are advised to stay cautious, as geopolitical uncertainties and technical factors could lead to heightened volatility in the near term.
??? AUD/USD news: ?The AUD/USD pair remained range-bound around the 0.6300 level during the Asian session on Wednesday, showing little movement following the release of Australia’s monthly CPI data. The inflation rate rose 2.4% year-over-year in February, slightly lower than the previous 2.5%. Meanwhile, uncertainty surrounding the implementation of Trump's reciprocal tariffs on April 2 limited the pair’s upside. The currency pair's recovery was driven by renewed weakness in the US dollar amid eased concerns over tariffs and positive geopolitical developments. ?Australia, which relies heavily on exports to China, could face significant economic consequences if US tariffs slow down its largest export market. Any substantial decline in Chinese demand would inevitably ripple through the Australian economy. ?From a positioning perspective, net short positions on the Australian dollar surged to a multi-week high of approximately 70.5K contracts in the week ending March 18, according to the latest CFTC data. Bearish bets have been building since mid-December and gained momentum in response to escalating tariff threats. Personal opinion: ?AUD/USD will continue to decline in the coming time due to many bad news affecting it ?Bad CPI data will have a quick impact on this currency pair ?Analyze based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy Plan: ? Price Zone Setup: ?Sell AUD/USD 0.6300 – 0.6310 ❌SL: 0.6345 | ✅TP: 0.6260 – 0.6210 FM wishes you a successful trading day ???
Hello! Today we're going to analyze Bitcoin's price action. It's currently rebounding. The movement doesn't seem to have much strength. However, let's not forget that on a weekly chart, Bitcoin is at the end of wave 4 of Elliott's theory. We have a very clear scenario: a rebound to $91,000, which is an area with a lot of shorts and liquidity. If buying pressure is greater, it's logical that Bitcoin could break out strongly to the upside, because price action always seeks out areas of less pressure, that is, it will always seek liquidity. On 4-hour charts, we can see a lot of volatility, however, any purchases below $84,000-$87,000 can be considered conservative because it is a good buying zone. After all, you are buying at the end of wave 4 on a weekly chart, therefore, liquidations below $84,000 are not ruled out, but the short and medium-term trend is bullish. Disclaimer: This is only an opinion; it should not be used as investment advice or recommendation.
I'm already in this, but structure is interesting as it looks like a strong move is coming shortly Triangle breakout and retest complete... Watch this space!
Selling UsdChf at 1 hr OB Liquidity stacked on sell side as equal lows . Buy side liq has been captured , now targetting sell side.can Hold till sell side liq risking 1 % which will give Good RR
USoil is currently maintaining a slightly stronger oscillating trend along the short - term moving average in the daily - line chart. There is no clear trend in the hourly - level chart. You can go long around 68.7. Buy USOIL at 68.7 - 68.8 SL: 68 TP: 69.6 I share accurate signals every day and conduct accurate and real - time analysis on Bitcoin trading, which can help your account achieve stable profits. Click on the link below the article to obtain more information.
Waiting for a conformation after breaking 116.55 and retest
Samo/sol recently bottomed from 2021 samo/sol low. Willing to place bets samo is about to do a nasty run
Bias: No Bias USD News(Red Folder): -None Analysis: -Previous daily retested 0.618 fib level - Looking for continuation to the downside -Potential SELL if there's confirmation on lower timeframe -Pivot point: 3035 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
GitLab Inc. (GTLB) is demonstrating potential bullish momentum, with a significant weekly gap around the $50 level. A breakout above the $55.26 level could indicate further strength, positioning the stock to target the $69.47 resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $48.40 to manage downside risk. The Relative Strength Index (RSI) for GTLB was extremely oversold at 31 on March 10th, signaling a potential for a bounce. As of March 14, 2025, the RSI had exited the oversold zone, suggesting improving momentum. Analyst sentiment remains positive, with a consensus rating of "Moderate Buy" among 24 analysts. The average 12-month price target is $75.52, indicating a potential upside of approximately 42.15% from the current price of $53.13. Price targets range from a low of $58.00 to a high of $90.00, reflecting confidence in the company's growth prospects. Recent institutional interest further supports this bullish outlook. Summit Global Investments acquired 5,242 shares of GitLab in the fourth quarter, valued at approximately $295,000. This combination of technical indicators, positive analyst sentiment, and institutional investment supports a bullish outlook for GTLB, with a potential move toward the $69.47 resistance level. https://www.tradingview.com/x/82f1yaty/