Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
All Activity
This stream auto-updates
- Yesterday
-
CARA Therapeutics stock breakout at https://stockconsultant.com/?CARA
-
TGTX TG Therapeutics stock finding some support with high trade quality at https://stockconsultant.com/?TGTX
-
KRYS Krystal Biotech stock with a continuation breakout, good volume 40% above normal at https://stockconsultant.com/?KRYS
-
HFMarkets (hfm.com): Market analysis services.
HFblogNews replied to HFblogNews's topic in Technical Analysis
Date: 26th July 2024. The Yen Soars as the Likelihood of a BoJ Rate Hike Rises! The Japanese Yen wins back some lost ground as global Central Banks edge closer to rate cuts. The probability of another interest rate hike by the Bank of Japan increases. July’s best performing currencies are the Japanese Yen (+4.35%), British Pound (+1.41%) and the Swiss Franc (+1.41%). Currencies are taking advantage of the weaker US Dollar, but the worst performing currency remains the New Zealand Dollar. USDJPY – Growing Likelihood of a Second BoJ Rate Hike! The USDJPY increases in value for a third consecutive week and for a fourth consecutive day. Three factors are contributing to the Dollar decline: The Fed’s upcoming interest cut, the Bank of Japan’s interest rate hike and the political uncertainty in the US. The day’s best performing currency is the Japanese Yen which is currently increasing in value against all currencies. Currently, the USDJPY is trading below the trend-line and below the 100-Period SMA which indicates in the medium-term sellers are controlling the price actions. The exchange rate is also below the neutral on all oscillators and forms a clear bearish trend price pattern. Currently the only indications pointing towards a loss of bearish momentum is the diversion formed on the RSI. As a result, even though the trend clearly forms downwards, investors need to be cautious of a potential retracement. If the price trades above 152.96, a larger retracement becomes likely. However, if the price falls below 152.015, momentum will indicate the continuation of the downward trend to 151.674 in the short term and 151.267 thereafter. The likelihood of further monetary policy tightening by the Japanese regulator is growing. Preliminary data for July showed an increase in business activity, indicating a recovery in the national economy. The consumer price index remains above the target level, reaching 2.8% in June, with the core indicator stabilizing around 2.6%. Officials are optimistic about maintaining these high levels, supported by significant wage increases. According to Reuters, Bank of Japan officials will discuss the possibility of raising the interest rate at their meeting on July 31st. Analysts do not expect active measures until after the summer months. However, investors will price in the adjustment before the decision takes place. The US Fed experts may turn to “dovish” rhetoric in September, which puts pressure on the dollar. Currently, inflation is slowing growth, business activity is declining, and the labor market is showing signs of cooling. The US PMI data from yesterday largely triggered an attempted bullish correction but was viewed as mixed. The price action of the US Dollar and the USDJPY will now largely depend on the Gross Domestic Product and Weekly Unemployment Claims. These will be made public at 12:30 GMT. Analysts expect the US economy to grow 2.0%. If the US GDP reading is lower than expectations, the US Dollar potentially can come under pressure. At the same time, weaker earnings data from the US can trigger higher demand for the Japanese Yen. The Yen is known as a safe haven currency alternative to the Dollar. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. - Last week
-
The cheat is on ! ... just sayin’. This cycle it only needs to occur in 2 states, and in those 2 states in only 14 precincts... the organized ‘machines’ for these cheats have been in been in place for decades... And here’s a tiny counter balance to a massive psyop narrative being perpetrated 24 7... as predicted the "entertaining ourselves to death" show is on full blast with the media re-creating Kasmella Devil as a firebrand ‘gettrdone’ kind of woman. In reality, she is not a leader. At work, no one wants to work for or with her or negotiate with her. For this potus application - worse she is just a follower... a whore who is putty in the hands of the exploiters who ‘own’ her... the same ppl who owned and ‘managed’ Joe. She is just a team member of probably the most corrupt, evil administration in history. She is only good for regurgitating whatever narrative is handed her - until very recently how superbly fit Joe is, how the border was visited and secure, etc. etc. She is not in charge of her vp office and duties... and now she will not even be in charge of her own party or campaign... she’s simply not sufficiently competent. As AG of CA she was a puppet who nudged along the social engineering policies that made that beautiful state the ugly mess it is today - esp the cities. And, btw, by Willie fkng her way to the top, she has placed herself in a position where she can’t really get too deep into calling Donald a predator...cause she’s ‘paying’ as a ‘victim’ / being paid off the same way as Stormy... whoa. .. and lest you are ready to stereotype me and my positions - In my view, this election is not about preventing the decline of the USA. That decline trajectory was established many decades ago and stabilized by the mid 1970’s. There is no making America great again. This election is about either hastening the end or tapping the brakes a little bit on the inevitable decline of the USA. So - if you think her promises that the “middle class is our main priority” are real or if you think America is 1 man away from greatness again, well I have a finely designed bridge in Baltimore for sale ... best offer...
-
MANU Manchester United stock watch for a range breakout above 17.46 at https://stockconsultant.com/?MANU
-
BAC Bank Of America stock trending at 42 support area at https://stockconsultant.com/?BAC
-
ACAD Acadia Pharmaceuticals stock watch for a bottom breakout above 19.28, nice upside price gap at https://stockconsultant.com/?ACAD
-
HFMarkets (hfm.com): Market analysis services.
HFblogNews replied to HFblogNews's topic in Technical Analysis
Date: 25th July 2024. Market News – AI mania over? Stocks, Gold & oil dip; Yen Surges. Economic Indicators & Central Banks: Wall Street plunged and Treasuries bear steepened in an anxious trade. News that ex-Fed president Dudley was now calling for the FOMC to cut rates next week amid recession fears added to investor angst. European stock markets continued to decline alongside Asian equity futures, intensifying a global downturn in technology shares following US session, as investors are pulling back on the artificial-intelligence frenzy that has powered the bull market this year. Traders moved away from megacaps to underperforming segments of the market, driven by expectations of Fed rate cuts and doubts about AI’s immediate payoff. Nasdaq experienced its largest single-day drop since 2022, while S&P 500 breaks Its longest run without a 2% drop since 2007. The Canadian Dollar dropped as the Bank of Canada cut rates, emphasizing “downside risks are taking on increased weight in our monetary policy deliberations.” The Japanese Yen reached its highest level since May as carry trades unwound. Key events today: Germany IFO business climate, US GDP, initial jobless claims, durable goods. Asian & European Open: Tech led the slump with the NASDAQ dropping -3.64%, the biggest 1-day selloff since March 2020. The S&P500 fell -2.31%. The Dow dropped -1.25%. Disappointing news from Alphabet and Tesla after the bell Tuesday got the bears going and rising concerns over the staying power of AI trades exacerbated declines through the day. In Japan, Nikkei entered a technical correction while the broad Topix index, which had reached a record high earlier this month, plunged over 2.5%, erasing its July gains and hitting a five-week low. Earning: Apple, Microsoft, Amazon, and Meta are set to report results next week. Financial Markets Performance: The USDIndex tumbled to 104.12 in morning action, down from Tuesday’s 104.45, but rallied back slightly to close at 104.37. The Yen holds strong thanks to expectations for a BoJ rate hike next Wednesday, with USDJPY breaching 200-day EMA. The USD firmed versus CAD after the BoC’s dovish cut. The USDCAD reached April’s peak at 1.3827. Oil prices declined, but are once again trying to stabilize, following API data showing that US crude inventories declined by 3.9 million barrels last week. Inventories have declined for four straight weeks now. However, weak growth in top importer China and renewed optimism of a ceasefire in the Middle East have kept supply expectations underpinned. WTI is currently trading at USD 77.38 per barrel, Brent at USD 81.49 as markets wait for the official U.S. inventory report. Gold is down to $2370 to a two-week low. The downfall could be attributed to some technical selling, though it is expected to be limited, considering the fundamentals, such as Fed’s cut and the risk-off mood which could support Gold ahead of the US data. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. -
ARIS Aris Water stock watch for a range breakout above 17.3 at https://stockconsultant.com/?ARIS
-
DO Diamond Offshore Drilling stock watch for a continuation breakout above 16.55 at https://stockconsultant.com/?DO
-
AMBA Ambarella stock back to 57.30 triple+ support area with high trade quality at https://stockconsultant.com/?AMBA
-
HFMarkets (hfm.com): Market analysis services.
HFblogNews replied to HFblogNews's topic in Technical Analysis
Date: 24th July 2024. Market News – Stocks dip as earnings disappoint; Yen strengthens further. Economic Indicators & Central Banks: The market faces pressure entering a seasonally weak period, with potential increased volatility due to the upcoming US presidential election. Asian stocks and US stock futures also fell, impacted by earnings reports from large American firms like Tesla Inc. and Alphabet Inc., which were seen as insufficient to sustain the recent global equity rally. European stock futures declined as investors evaluated the disappointing initial results from the “Magnificent Seven” megacap tech companies. The Yen strengthened for the third consecutive day ahead of next week’s Bank of Japan meeting. Asian & European Open: The S&P500 and Dow slipped -0.16% and -0.14%, respectively, and the NASDAQ slid -0.06%. The VIX was down -1.74% to 14.65 and has eased from the 16.52 level on Friday, the highest since April amid rising political risks and anxieties. Taiwan’s stock market was closed due to Typhoon Gaemi, meaning shares of Taiwan Semiconductor Manufacturing Co. did not trade. Alphabet shares fell after the company indicated that it would take time to see tangible results from its AI investments. Tesla shares dropped as much as 7% following a profit miss and a delay in its Robotaxi event to October. Many of Tesla’s suppliers and electric vehicle peers in Asia also saw declines. Deutsche Bank AG reported its first quarterly loss in 4 years due to a slowdown in trading and a charge related to a legacy issue at its Postbank retail unit. BNP Paribas SA’s profit increased in the second quarter, driven by a surge in equities trading revenue. United Parcel Service Inc. experienced its worst drop ever following a profit miss. Financial Markets Performance: The USDIndex had found its footing, firming to 104.25 versus 103.90 on Monday. The Yen appreciated beyond 155 for the first time since early June as traders anticipated a potential interest rate hike from the BOJ in the coming months, if not at next week’s meeting. According to a Bloomberg survey, around 30% of BOJ watchers expect a rate hike on July 31, but over 90% believe there is a risk of such a move. The NZDUSD dropped at 0.5900 to its lowest level in nearly 3 months as lower bond yields discouraged carry trade investors. Oil fell -1.45% to $77.26, though managed to edge up from the $76.40 session low. It is a 4th straight decline from $82.85 Wednesday and the weakest since mid-June. Most of week’s selling was on technicals after penetrating 50- and 100-day MA. Gold is up to $2418 per ounce. It was at an all-time closing peak of $2469.08 on July 16 amid expectations for Fed rate cuts, US political risks, and the drop in the US Dollar. Of note, India lowered its import duty on gold to 6% from 15% which should support jewelry manufacturing. India is next only to China in terms of consumer demand. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. -
SMR NuScale Power stock back to 11.55 double support area, nice trend at https://stockconsultant.com/?SMR
-
TMDX Transmedics stock breakout, target 175 area at https://stockconsultant.com/?TMDX
-
PCT PureCycle Technologies stock great day and breakout, from Stocks To Watch at https://stockconsultant.com/?PCT
-
SPT Sprout Social stock watch for an upside gap breakout above 38.17, nice price gap at https://stockconsultant.com/?SPT
-
MGNX Macrogenics stock watch for that upside gap breakout at https://stockconsultant.com/?MGNX
-
LYFT Lyft stock has returned to a strong 12.47 triple support area; will we reverse the downtrend or breakdown and continue lower? at https://stockconsultant.com/?LYFT
-
RSH Rush Street Interactive stock nice bull flag breakout at https://stockconsultant.com/?RSH
-
OTEX Open Text stock watch for a bottom breakout, good upside price gap at https://stockconsultant.com/?OTEX
-
MREO Mereo Biopharma stock good day moving higher off 3.84 support area, watch for upcoming breakout at https://stockconsultant.com/?MREO
-
AM Antero Midstream stock nice breakout above 15.03, from Stocks To Watch at https://stockconsultant.com/?AM
-
HFMarkets (hfm.com): Market analysis services.
HFblogNews replied to HFblogNews's topic in Technical Analysis
Date: 23rd July 2024. Market News – Asia stocks up; Yen Strengthens. Economic Indicators & Central Banks: Markets paused after recent volatility and a tech selloff driven by high valuations and sector rotation. US election developments continue to dominate, with Kamala Harris securing enough pledged delegates for the Democratic presidential nomination, providing some political clarity. Asian stocks climbed, driven by gains in chipmakers following a Wall Street rebound ahead of major tech earnings reports. Treasury yields fell ahead of economic data releases and the Federal Reserve’s preferred inflation measure. Throughout July, speculation about a September rate cut boosted shorter-term bonds, narrowing their yield gap with longer-term securities. Asian & European Open: US equity futures dipped, and Euro Stoxx 50 contracts rose in anticipation of earnings from Tesla Inc. and Alphabet Inc. later today. Nasdaq and S&P500 were both up more than 1%, reversing some of last week’s painful decline. The “Magnificent Seven” stocks rose over 2% on Monday, led by Tesla and Nvidia Corp. Toyota Motor Corp. plans to repurchase shares from major Japanese banks and insurers as part of a ¥1 trillion buyback plan. Financial Markets Performance: The USDIndex remains in a ranging market, between 103.90-104.15. The Yen appreciated against the US Dollar, as traders adjusted their carry positions during the summer holiday season, with USDJPY breaching 156.20. Some Bank of Japan officials are open to raising rates at the July meeting, though weak consumer spending complicates the decision. Oil prices remained steady near a 6-week low as traders awaited new data on market balances and US stockpile forecasts. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. -
SPG Simon Property stock watch for top of range breakout at https://stockconsultant.com/?SPG
