Good morning Steemit! Can almost smell the weekend here already! Trade thoughts and charts for Thursday
Good morning traders and a happy Thursday! Finally we have had some movement here and there over the markets. Well the crypto traders can't complain about the lack of volatility really as there have been some nice moves.
Yesterday we saw quite a big draw in crude oil inventories, but a massive build in gasoline, which overshadowed rest of the data.
Overnight we also had th RBNZ cash rate, which was kept steady and we had them even talking down the NZ dollar. They also mentioned the possibility of intervention. Cool. Alright, lets keep the fundies at that and let's look at some charts.
WTI oil - the top trendline is messy, but the higher lows are there, looks like it wants to take off.
USDJPY daily chart - decision time is coming
DAX daily - self-explanatory
DAX H1 sitting right on support. Eyes on this.
SPX look where we are and how we climbed this TL. Nevertheless, still bullish until proven otherwise
ETHUSD some thoughts
BTCUSD. Bitcoin had a nice breakout and hasn't even retested the breakout point. Imagine the buy orders sitting there. This is worth keeping note of, should we at one point in the restest this level ;)
That's it with the charts today. Comments regarding charts & trading welcome. Trade safe, everyone!
Title image sourced from pixabay
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You got my vote and a resteem :)
thank you, sing us a song! :D
Great read as usual @furious-one, thanks!
thanks, my man, appreciate it :)
Hello @furious-one! I like the idea of a triangle on oil. Very interesting! I rssmatrivayu 2 options for growth)))
First:
Second:
thank you for the charts @maksym7
Thank for your job!
Good post :) follow
good
always good
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