Latest news with #technicalanalysis
Yahoo
4 days ago
- Business
- Yahoo
Aptos Rebounds Sharply After 10% Drop as Buyers Defend Key Support
The cryptocurrency market faces renewed pressure as global economic tensions intensify, with APT experiencing significant volatility amid broader market uncertainty. After dropping over 10% from $5.058 to $4.548, APT has begun stabilizing at critical support levels, showing resilience despite macroeconomic headwinds. Trading volumes peaked during the sell-off period but have since shifted toward accumulation patterns, suggesting institutional interest remains despite the turbulent global economic landscape. Technical Analysis Highlights APT experienced a substantial 10.08% correction, dropping from 5.058 to a low of 4.548 before staging a recovery. Sell-off intensified during the 22:00-00:00 period with above-average volume (2.7M-2.9M). Strong support established at the 4.55-4.60 zone where buyers emerged. Recovery phase showed consistent accumulation with price stabilizing between 4.60-4.70. Bullish move toward 4.75 during final hours on increased volume suggests renewed buying interest. Hourly price action formed a rounded bottom pattern before rallying in the final minutes. Substantial volume spikes at 14:01-14:02 (55K-32K) pushed prices back above 4.70. Hourly consolidation between 4.686-4.750 indicates stabilization attempts after the correction. External References "June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace For Volatility", Coin Edition, published May 30, 2025.
Forbes
5 days ago
- Business
- Forbes
Stick With The Major Trends
As the stock market was going through a series of sharp declines and market uncertainty, I always recommend that you out at longer-term data. In my analytical routine, I start each weekend by looking at the weekly charts before I even look at the daily charts. Often the weekly charts are weak enough so I will not even look at the daily charts. Each month I look at the monthly charts and technical studies to see if there are any changes from the prior month. This includes not only a change in the technical studies but also where there has been a move above or below a key level of support or resistance. In my experience using different methodologies to determine support or resistance you can often zone in on the most important levels. These methods include chart analysis, moving averages, Fibonacci analysis, starc bands, and pivot analysis. In past articles, I have pointed out that one of the lesser-used methods is pivot analysis. The results from yearly, quarterly, and monthly pivot analyses often identify support and resistance levels that are not easily identified by other methods of analysis. In basic pivot analysis, a stock, market average, or ETF is positive if it is trading above its pivot level. In a positive-trending market, the next level to watch is the first resistance level above the pivot or R1. Conversely, if a market is below its pivot then the focus should be on the first support level below the pivot or S1. In February I discussed yearly pivots and suggested that they be used to determine which ETFs might be the new leaders once the market correction was over. To monitor the trend I look for whether a market average or ETF has a weekly close above or below the yearly pivot. A close above indicates a positive trend but depending on the market outlook I may wait for the 2nd weekly close to confirm the signal. As of the end of February, four of the selected ETFs Technology Select (XLK), Consumer Discretionary (XLY), the Invesco QQQ Trust (QQQ) and iShares Russell 2000 (IWM) were above their yearly pivots. As the market declined in March their status changed. QQQ Weekly With Yearly Pivots Tom Aspray - This weekly chart of the Invesco QQQ Trust (QQQ) goes back to 2022 and has the yearly pivot (solid purple) as well as the lighter R1 and R2 above the pivot. The S1 and S2 are included below the pivot. In January 2023 QQQ rallied up to test the yearly pivot at $302.07 but did not close above it. On March 20th QQQ closed at $306.95 and well above the pivot. The R1 at $354.09 was reached in July which was derived from the yearly price ranges in 2022. Six weeks later QQQ dropped to a low of $281.01 and then closed at $301.05. The R1 at $354.07 was exceeded in July 2023 as QQQ had a high of$383.59. The correction ended in October 2023 and QQQ started 2024 by opening at $396.98 which was well above the 2024 pivot at $357.87. The July high was $501.26 which just fell short of the R2 at $510.90. The R2 was exceeded in December with a high of $537.48. On the first day of 2025 QQQ opened at $512.59 and then closed the week at $517.81 which was above the 2025 pivot at $487.57. Then on March 10th QQQ closed at $478.95 so the trend based on the yearly pivot analysis turned negative, point 2. QQQ surged two weeks later to a high of $493.62 but then closed back below the pivot. The eventual low of $402.39 was well below the S1 at $427.66. Then on April 28th QQQ closed at $488.83 so the yearly trend turned back to positive. This was confirmed the next week as QQQ had a high this past week of $519.38. On a move above the early 2025 high at $540.01, the R1 at $572.72 is the next target. ETFs & Yearly Pivots Tom Aspray - The current table has prices taken just before the close on May 30th as those ETFs highlighted in pink are still below their yearly pivots. The other ETFs are positive and will stay positive as long as they do not have a weekly close below their yearly pivots. In addition, I have included the current monthly and weekly DTS signals from the T&J Watchlists. The DTS was created by my colleague Jerry A, and their multiple time frame analysis is quite helpful. There were new monthly positive DTS signals for QQQ and XLK as the WKS is also positive. The monthly DTS are still negative for SPY, XLY, XLV, XOP, XLE, and XLB. This week there were new negative weekly DTS for XLV and XLE. For the market tracking ETFs, like SPY and QQQ, the positions I recommend are determined by my analysis of the advance/decline lines. NYSE Composite With A/D Lines Tom Aspray - TThe daily A/D lines had broken out to the upside by April 29 (see chart) as they had moved above their EMAs. The NYSE Composite was up 1.3% this week which is a solid gain amid more tariff distractions and earnings from the market-leading Nvidea (NVDA). It was lower Friday over China news but up 1.9% for the week. The NYSE dropped briefly below its yearly S1 before closing back above its yearly pivot on April 21st. The S&P 500 A/D line held above its weekly WMA during the market decline and one week after the close above the yearly pivot the A/D line overcame the resistance (line b) and then made an all-time high. This projected a new high for the S&P 500. Just two weeks later the NYSE All A/D line also made a new high as it started to lead the NYSE higher. This favors a move above the resistance at line a, with the next upside target at 20,903 and the R1. It is important to remember that the yearly pivot data stays the same for the entire year. If these ETFs should correct as we head into the summer the yearly pivots should act as support. New monthly pivots are in effect on Monday so on new positions use them as well as the S1 and R1 levels to manage your trades. If you want to learn more about yearly pivots this link may be helpful.
Yahoo
26-05-2025
- Business
- Yahoo
AUD/USD's Bias May Remain Bullish Above 0.6400
FOREIGN EXCHANGE 0137 GMT — AUD/USD's bias remains bullish above 0.6400, based on technical charts, StoneX's Matt Simpson says in commentary. On Friday, the currency pair formed a 'bullish engulfing candle,' and is now trading around 0.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Women's leadership highlighted in trading and technical analysis
in collaboration with The CMT Association, successfully hosted a closed-door event dubbed 'Trade with Insight: Women Leading the Way in Technical Analysis & Strategy', celebrating the pivotal role of women in financial markets, and exploring the importance of technical analysis in navigating today's volatile economic markets and trading environment. Held in Dubai, the event brought together expert analysts, finance professionals, and trading specialists, who shared their expert insights and engaged in interactive, thought leadership discussions rooted in technical analysis with focus on strategy, discipline, and analytical frameworks. A key highlight of the event was the expert presentations and discussions led by Razan Hilal, CMT and market analyst at and Yara Fanek, CFA, CMT, independent FX trader and technical strategist, who combined tangible market experience with practical technical analysis methodologies adapted to today's shifting economic landscape. Their discussions emphasized the growing relevance of technical analysis in identifying opportunities, managing volatility, and navigating uncertainty — while also spotlighting female leadership and continuous education in the trading space. 'Markets often move ahead of the headlines — what we see in price reflects sentiment, positioning, and expectations long before the news breaks', said Razan Hilal, CMT. She added: 'That's why technical analysis, combined with sound risk management, isn't just helpful — it's essential to making confident, well-timed decisions in today's complex environment.' Attendees benefited from such practical insights, with core topics including trader psychology, risk management practices, and the use of technical tools and indicators. Key themes discussed during the event comprised six topics, including Today's Market Realities, whereby attendees examined pressing questions around macro uncertainty and market sentiment, from currency safety to recession fears. Emotional mistakes like panic-selling, buying hype, and overexposure were also addressed, along with techniques to stay disciplined under pressure, under the Trader Pitfalls theme. Other topics featured Technical Tools in Action (the practical use of RSI, Fibonacci, and DMI to enhance market timing and decision-making), Intermarket Insights (how correlations between oil, gold, VIX, and indices can provide early signals in shifting environments), Risk Management & Mindset (Dow Theory, trend structure, and multi-timeframe analysis), and The CMT Edge (highlighting the value of the CMT designation in building confidence, structure, and long-term analytical success). 'Technical analysis isn't just about charts, it's about understanding behavior, recognizing patterns, and managing risk with discipline. The more you invest in continuous learning, the more confident and agile you become as a trader', added Yara Fanek, CFA, CMT, highlighting the importance of staying open to new information, and consistent in leveraging analytical tools. Aligned with strategy to empower women and part of the 'Women of StoneX' Initiative , the 'Trade with Insight' event not only highlighted the necessity of technical analysis in today's complex markets but also underlined the growing impact of women in driving knowledge, skill, strategy, and progress across all areas of finance and trading.
Zawya
18-05-2025
- Business
- Zawya
FOREX.com and CMT Association host private event
Dubai - in collaboration with The CMT Association, successfully hosted a closed-door event dubbed 'Trade with Insight: Women Leading the Way in Technical Analysis & Strategy', celebrating the pivotal role of women in financial markets, and exploring the importance of technical analysis in navigating today's volatile economic markets and trading environment. Held in Dubai, the event brought together expert analysts, finance professionals, and trading specialists, who shared their expert insights and engaged in interactive, thought leadership discussions rooted in technical analysis with focus on strategy, discipline, and analytical frameworks. A key highlight of the event was the expert presentations and discussions led by Razan Hilal, CMT and Market Analyst at and Yara Fanek, CFA, CMT, Independent FX Trader and Technical Strategist, who combined tangible market experience with practical technical analysis methodologies adapted to today's shifting economic landscape. Their discussions emphasized the growing relevance of technical analysis in identifying opportunities, managing volatility, and navigating uncertainty — while also spotlighting female leadership and continuous education in the trading space. 'Markets often move ahead of the headlines — what we see in price reflects sentiment, positioning, and expectations long before the news breaks', said Razan Hilal, CMT. She added: 'That's why technical analysis, combined with sound risk management, isn't just helpful — it's essential to making confident, well-timed decisions in today's complex environment.' Attendees benefited from such practical insights, with core topics including trader psychology, risk management practices, and the use of technical tools and indicators. Key themes discussed during the event comprised six topics, including Today's Market Realities, whereby attendees examined pressing questions around macro uncertainty and market sentiment, from currency safety to recession fears. Emotional mistakes like panic-selling, buying hype, and overexposure were also addressed, along with techniques to stay disciplined under pressure, under the Trader Pitfalls theme. Other topics featured Technical Tools in Action (the practical use of RSI, Fibonacci, and DMI to enhance market timing and decision-making), Intermarket Insights (how correlations between oil, gold, VIX, and indices can provide early signals in shifting environments), Risk Management & Mindset (Dow Theory, trend structure, and multi-timeframe analysis), and The CMT Edge (highlighting the value of the CMT designation in building confidence, structure, and long-term analytical success). 'Technical analysis isn't just about charts, it's about understanding behavior, recognizing patterns, and managing risk with discipline. The more you invest in continuous learning, the more confident and agile you become as a trader', added Yara Fanek, CFA, CMT, highlighting the importance of staying open to new information, and consistent in leveraging analytical tools. Aligned with strategy to empower women and part of the 'Women of StoneX' Initiative , the 'Trade with Insight' event not only highlighted the necessity of technical analysis in today's complex markets but also underlined the growing impact of women in driving knowledge, skill, strategy, and progress across all areas of finance and trading. -Ends- Disclaimer This content was created by and should be construed as general Market Commentary, not targeted at the general public of any particular country, and is not a Research Report as defined in the Commodity Exchange Act. The content is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of Foreign Exchange ('Forex'), Contracts for Difference ('CFD'), or any other products offered by Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. All opinions and information contained in this report are subject to change without notice. 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