The Trading Pit on LinkedIn: #thetrading #marketforecast #investmentstrategies #weekaheadanalysis (2024)

The Trading Pit

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Dive into our latest Market Forecast and give yourself the crucial insights required to navigate the upcoming week. Our In-Depth Week Ahead Market Forecast is your key to making informed decisions. Access the complete analysis here! 👇https://lnkd.in/dakMJQd9#thetrading #marketforecast #investmentstrategies #weekaheadanalysis

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    The Trading Pit Week Ahead Market Outlook (February 19 – February 25)📊🟣AUDUSD,Daily:Following the CPI outcome last Tuesday, the price bounced off S1 support, around 0.64525 and moved upwards for three consecutive days. Last Friday, it reached the 20-period moving average, and the R1 resistance was approximately 0.6550. The RSI shows positive or bullish divergences, and its value is still below 50, which is a bearish indication. The price maintains its lower highs and lower lows, which is also a bearish indication.🟣EURUSD, Daily:Following the bearish engulfing candle printed last Monday, the price moved lower the next day due to the market reaction after the CPI was announced in the US. A temporary boost occurred on the US dollar that didn't last long, as since last Wednesday, the market bounced off, and the price moved upwards. The market is trending downwards as the price makes lower highs and lower lows. 🟣GBPUSD, Daily:The price on the daily chart is trading within a consolidation phase, or, in other words, the market is not trending, as there are no consecutive series of highs and lows. An attempt of the price to create a low, lower than the 1.2530, failed last week, and a failure swing was created. The MACD is below zero, and this is a bearish indication. However, the 20-period is above the 50-period moving average, which is bullish.Read More on our Blog 👉 https://lnkd.in/d5biWHuN#thetradingpit #trading #market #marketoutlook #dailynews #gbpusd #eurusd

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    Step into this week’s Market Outlook and equip yourself with the insights you need to navigate the week ahead. Our Week Ahead Market Forecast gives you the essential knowledge you need to make smart moves. Read the full analysis now 📊 https://lnkd.in/d5biWHuN#thetradingpit #marketforecast #investmentstrategies #weeklyforecast #tradingmarket #tradingtips

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    This week's Top 5 Payouts are out! See who's leading the pack and setting records.Could you be next? Join Us Today! https://lnkd.in/dEuaKpaZ#thetradingpit #weeklywins #toptraders #payoutday #tradingprofits #profit

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    Weekly Trading Highlights 🏆This week's Top 5 Payouts are out! See who's leading the pack and setting records. Could you be next? Join the TTP Challenge! https://lnkd.in/dEuaKpaZ#thetradingpit #weeklywins #toptraders #payoutday #tradingprofits #profit

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The Trading Pit on LinkedIn: #thetrading #marketforecast #investmentstrategies #weekaheadanalysis (2024)
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