Analyzing the Uranium market, I focus on Sprott Physical Uranium Trust ($U.U) and global Uranium ETF ($URA), highlighting key resistance levels.
November 1, 2024
I analyze Bitcoin’s key price levels using Fibonacci retracement, with targets at $70K, $81K, and $102K. Expect potential bullish momentum.
European milling wheat futures show a rally above the 50-week MA, with resistance at the 200-week MA. Potential support seen at 220 with bullish signals.
I analyze USDCAD, highlighting the challenges of trading on lower time frames. Focus on long-term trends for better success and avoid short-term noise.
Analyzing Wheat Futures, I highlight key levels like $6.17 resistance and $6 support, discussing moving averages and future price action insights.
I break down the U.S. Dollar Index ($DXY) focusing on key levels like the 200-week and 50-week moving averages, current trends, and future breakout signals.
We identified a head and shoulders pattern on the weekly chart, signaling a continued downtrend. Key support is at $43, with potential for $30 if broken.
Oil recently rallied to $77 after breaking below $70-$72 due to geopolitical tensions. Key resistance remains, and I’m staying neutral until it crosses $80.
