2022
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OIL showing that inflation has peaked.
- July 27, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
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Another inflation (red trend-line) cross study, this time against the WTI Oil (USOIL). It is evident that the correlation between the two is very tight and every time the Oil market started forming a top pattern (circles), the Inflation Rate followed it lower shortly. I will not get into much detail as the chart
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XAGUSD At the bottom of the 2 year Channel Down
- July 26, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Silver (XAGUSD) has been approaching the bottom of the long-term Channel Down that has been trading in since the February 01 2021 High. This makes it an automatic technical buy targeting first the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) in extension. This is depicted on the 1D RSI as well
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GBPNZD targeting 2.010 after this pull-back is completed
- July 25, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The GBPNZD pair is trading below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) for the past week. This is not an unfamiliar trading set-up as the same W pattern was last seen from October 2018 to October 2019. The last Lower High of the long-term Triangle pattern was on February
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AUDCHF Emerging Death Cross can push it back to 0.6513.
- July 22, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The AUDCHF pair is seeing a short-term rebound following the July 01 Low and is approaching the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line). It has been trading below the latter since June 16 and the former since June 17. The emerging Death Cross formation (when the MA50 crosses below the MA200)
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S&P500 Holding the Lower Bollinger. Not in a Bear Market yet.
- July 20, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
This is a simple S&P500 (SPX) analysis on the 1M (monthly) time-frame showing the Bollinger Bands and RSi indicators. Last month the price approached the Lower Bollinger Band to the closest level since April 2020. It held and July has so far been a strong green candle. As you see, we’ve had monthly breaks
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BITCOIN vs WTI Time to buy BTC and sell Oil. 4.5 year pattern!
- July 20, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This chart represents the Bitcoin/WTI Oil ratio and reveals an interesting finding regarding where both markets could be headed. Since December 2017, the ratio has been trading within a Channel Up pattern. Following a 1W MA50/100 Bearish Cross (blue trend-line crossing below the green trend-line respectively) in January 2019, the symbol bottomed and started
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KCSUSDT 1W MA100 test after 1 month.
- July 20, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
The KuCoin Token (KCSUSDT) is on a strong 1W green candle, the 2nd in a total of 3 weeks since the July 03 bottom. If it closes the week in green it will be the first time to have 2 green weeks among 3 since early April. The most important development though on
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EURUSD Projected move within 1.0370 – 1.04650. How to trade afte
- July 19, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair is making the expected rebound leg to a new Lower High within the year long Channel Down as we explained on our post 11 days ago: As shown, every Lower High since March 31 is formed on the 0.5 Fibonacci retracement level and the 1D MA50 (blue trend-line). That puts a
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DOTUSD 8.80 short-term target
- July 16, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Polkadot (DOTUSD) has been trading within a clear Channel Down on the log scale ever since its last market top in November 2021. The price has been unable to break above the 1D MA50 (blue trend-line) since April 21. The recent Bullish Divergence on the 1D RSI though (being on Higher Lows against the
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SOLUSD Broke above its Triangle. Bullish bias ahead.
- July 16, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Solana (SOLUSD) broke yesterday above the Lower Highs (top) trend-line of the Triangle pattern that it has been trading in for the past 1 month. The pull-back that followed has been quicly contained today above the 4H MA50 (blue trend-line), which has established itself as Support, with the 4H MA200 (orange trend-line) being right