So far, Bitcoin and S&P are favorite to go up.
USD bullrun might get a halt, as you could see on DXY and EURUSD charts. This might push the Gold and Oil price up, though with oil, API and EIA reports would need to be seen before.
Only Bitcoin is favorite in cryptospace, though Monero started making small gains.
- 00:00 Introduction and Economic Calendar;
- 02:56 S&P, Nasdaq, Bitcoin, all favor bull run;
- 06:24 USOIL, USDCAD, USDJPY; Oil uncertain, UC sell, UJ buy;
- 09:30 DXY, XAUUSD, EURUSD; all uncertain, scalp the levels;
- 12:56 GBPUSD, AUDUSD, NZDUSD, all sell, USDCHF buy;
- 16:50 USDSGD, USDTRY, USDCNH, USDZAR, USDRUB, neutral-buy;
- 20:10 USDMXN sell; USDHUF, scalp sell or breakout buy;
- 21:10 BTC, ETH, LTC; BTC favourite to buy;
- 23:45 Coinmarketcap, Coin360 commentary about alts; See: https://coin360.com/
- 29:00 CROBTC ( crypto.com chain ), Tezos, Monero (XMRBTC);
- 34:00 Commentary and Ending;
Links:
https://t.me/chartingworld (Telegram Channel)
https://t.me/charting_world (Telegram Group)
https://t.me/charting_romania (Telegram Group)
"𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔", please give a 𝐥𝐢𝐤𝐞 𝐚𝐧𝐝 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄!
Weekly FOREX Forecast: 8th - 12th July
Description and commentary (it helps youtube algorithms):
In this video I review the forex market conditions and we explain what to look at from technical analysis, focusing only on the major pairs, and explain what levels of support and resistance we need to look at.
Weekly FOREX forecast is what we publish every week and every month (looking for those monthly targets) and more than 24 markets are covered! So if you want to learn more about forex analysis (Forex Trading), futures analysis (Futures Trading) this is a great place for you.
FOREX Trading [forex analysis] is a great business and in my experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own ways of seeing the waves. Think 1-2-3 waves instead of 1-2-3-4-5. In forex, the 1-2-3 waves and also Harmonic Patterns are more common, like bearish bat, bearish gartley, bullish bat, bullish gartley. Bullish crab, bullish butterfly, bearish butterfly, bearish crab, bullish cypher and bearish cypher are more rare.
Forex trading concept and a forex strategy are all that you need, we have a similar concept as Elliott wave and Dow theory about markets, but we have our own methodology and our own technical analysis techniques. To name a few, would be pivots, fibs, sometimes gann, and using these in conjuction with either harmonics or Elliott waves helps a lot.
You should watch this technical analysis until the end because we always include forex and futures trading tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading.
Weekly forex forecast "weekly outlook" is designed to cover Forex pairs (fx trading: eur usd…), indices, commodities (gold price, oil price…) and cryptocurrencies. All these include the following FOREX and Futures pairs: (EURUSD, GBPUSD, USDCAD...), DXY, gold price, XAUUSD, oil price, USOIL, UKOIL, CL futures, cryptocurrencies (Bitcoin, Ethereum, Ripple)...
Forex forecast is what we do here every single week, we trade waves and we do advanced (FOREX trading) technical analysis, day trading videos, Informative videos and much more...
Forex trading videos are plenty on YouTube, you may find a lot of videos related to, Elliott wave, forex strategy, forex forecast, trading, fx trading, wave analysis, weekly outlook... These are going to work if you study them thoroughly by reading books about it.
The best strategy is the one that keeps in mind the most important levels in the market, and it should cover all of them, here I'm refering to those monthly, quarterly and yearly levels, while at the same time considers the most important levels of the day (daily levels). Knowing the fibs, the pivs, (Fibonacci and Pivots) and also knowing in which type of wave the market is, will help a lot.
Thanks for watching and an extra "𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔" to those who 𝐜𝐨𝐦𝐦𝐞𝐧𝐭, 𝐥𝐢𝐤𝐞 𝐚𝐧𝐝 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄!
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