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Weekly summary and review december 9th 2022

Hi Traders! Arvinth here from Traders Academy Club team. Weekly summary and review December 9th 2022 is here. It is now time to recap and summarize th...

December 9, 2022, 11:15 am

Usdcad rests near 50-day sma above downtrend line

USDCAD is still trading above the short-term descending trend line and the strong 50-day simple moving average (SMA), which lies near the 1.3570 suppo...

December 9, 2022, 9:36 am

Usd/cad rebounds from 50 dma amid bearish oil prices, weaker usd might cap gains

USD/CAD bounces off 50 DMA support and recovers a part of the overnight losses. bearish crude oil price...

December 9, 2022, 9:14 am

Our 7 top nasdaq stock picks for 2023

On Dec. 5, U.S. stocks were dragged down in part by renewed bearishness on the part of Morgan Stanley ...

December 9, 2022, 9:00 am

Aud/usd forex signal: more downside after the rba decision

Advertisement got a position to try? don’t wait! trade aud/usd now bearish view Sell the aud/usd pair...

December 9, 2022, 8:59 am

Gbpusd triple zigzag hints at parity test!

GBPUSD formation suggests the formation of a global corrective triple zigzag w-x-y-x-z trend. The final wave z most likely takes the form of a primary...

December 9, 2022, 8:18 am

The head and shoulders pattern

See the video of the Head and Shoulders pattern checklist, as exemplified on Tesla stock:

The head and shoulders pattern is one of the most f...

December 9, 2022, 8:16 am

S&p 500 breaks support

The S&P 500 edged higher after US jobless claims rose moderately last week . The index has struggled in the supply zone (4130) from last September. Th...

December 9, 2022, 8:01 am

Eur/jpy tests resistance

The Japanese yen weakens as the BoJ remains resolutely dovish. The pair has seen increasing pressure after it broke below October’s low of 141.00. 1...

December 9, 2022, 7:59 am

Nzd/usd seeks support

The New Zealand dollar treads water ahead of the Fed’s policy meeting. The pair hit resistance right under August’s high of 0.6460. Profit-taking ...

December 9, 2022, 7:58 am

Technical outlook and review

USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the...

December 9, 2022, 5:03 am

Usd/jpy price analysis: eyes 134.00 on an h&s breakdown

A breakdown of the H&S formation has triggered a bearish reversal. A slippage inside the ...

December 9, 2022, 4:59 am

Usd/jpy faces uphill task, this resistance is the key

Key Highlights USD/JPY corrected higher from the 133.60 zone. A crucial bearish trend line is in place ...

December 9, 2022, 3:46 am

Usd/cad price analysis: stays defensive above 50-sma support

USD/CAD seesaws around 1.3600 as bearish take a breather during early Friday morning in Asia, after the...

December 8, 2022, 11:44 pm

Aud/usd forex signal: retreat stalls but a drop to 66 cents

Advertisement got a position to try? don’t wait! trade aud/usd now bearish view Sell the aud/usd pair...

December 8, 2022, 8:29 pm

Gbp/usd price analysis: harmonic bearish patterns expose 1.2200

GBP/USD’s combination of harmonic patterns is a bearish feature. A trip into the Fibonacci scale coul...

December 8, 2022, 8:29 pm

Fxwirepro: eur/nzd gains some upside momentum but still bearish

EUR/NZD strengthened on Thursday from early dip as economic slowdown fears tempered risk sentiment. The euro erased Wednesdays losses against the kiwi...

December 8, 2022, 5:59 pm

Us 30-year fixed mortgage rate falls to 6.33% vs 6.49% a week earlier

After rising well-above 7%, US mortgage rates are trending lower along with bond yields. Freddie Mac's latest data puts rates at 6.33% from 6.49% a...

December 8, 2022, 5:10 pm

Mpc container ships: too cheap to ignore

Despite headwinds for the container ship sector, MPCC offers a very skewed risk/reward ratio. The downside is limited by the pre-contracted backlog, p...

December 8, 2022, 5:05 pm

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.0449; (P) 1.0500; (R1) 1.0556; More… Intraday bias in EUR/USD stays neutral as range trading continues. Considering ...

December 8, 2022, 2:16 pm


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