AAPL can hold support below and the same with resistance above. Breaking out higher could retest the recent lower, higher placed / the prior lows slightly above. Breaking down could seek a convergence of support below. Breaking down would signify a double top, neckline break of a larger picture suggesting continuous downward pressure.
Banking stocks had been outperformers in 2023 but has been laggard until now in 2024! Things are about to turn around in coming week if we sustain above 48400 which is a "Neckline of an ascending triangle" formed on weekly charts of Bank Nifty. Indicators like RSI has already shown signs of a new rally by internal crossover last week. Target which will be...
GBP/USD broke below last week's support zone and hit a weekly low near 1.2540 on Tuesday. Although it recovered to reach a two-week high at 1.2700, it couldn't sustain this momentum and pushed GBP/USD lower towards the week's end. Looking at the chart, we observe that the Relative Strength Index (RSI) is currently below the 50 threshold, around 46. If prices...
GBP/USD has failed to sustain its upward momentum against the USD, as the pair struggled to surpass the 1.2700 level. GBP/USD broke below the support zone from the previous week and reached its weekly low near 1.2540 on Tuesday. Despite a rebound and reaching a new high in two weeks at 1.2700, selling pressure persisted, pushing GBP/USD lower towards the end of...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Potential flipping on the h4, if it doesn't probably gonna continue its upwards move. Watch on its crosses too . Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. technicals wise still healthy to go up, for majors i will be looking to go on short. Especially so watching on Nzdusd. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content,...
Over the past two weeks, the USD/JPY currency pair has experienced relatively little volatility, maintaining a stable level. However, notable is the robust growth of the US Dollar (USD), which has propelled the USD/JPY pair to recover from lower price levels and reach below the 151.00 threshold. Meanwhile, technical indicators such as the Relative Strength Index...
Hello traders, I decided to do a short video of EURAUD, with my BIAS, I'm seeing a long from here. I was expecting a retracement to the support zone and on the trendline and the NFP on Friday boosted the sell. I'm seeing price start moving to the upside from the coming week. Y'all can add this pair to watchlist.
After the Non-Farm report was released, the Euro experienced a slight decrease of 0.13% against the US Dollar, pushing the EUR/USD exchange rate down to 1.0800 after peaking at 1.0847 earlier in the day. On Friday, the US Bureau of Labor Statistics (BLS) revealed that the economy had added more jobs than expected. Nonfarm payroll increased by 303K, surpassing...
Lido DAO (LDOUSD): BINANCE:LDOUSD For Lido DAO, we're taking 25% out now, locking in profits 💰 , as we believe we've encountered the peak of Wave (i) and are currently entering Wave (ii). We aim to catch the bottom as we did with the overarching Wave ((ii)) previously. Therefore, we're setting a new entry at the 50% level at $2.8146 with a stop loss just below...
As you see BINANCE:BTCUSDT has been consolidating at the all time high for about 5 weeks now . I believe that this consolidation is nearly over and we can go up to 83k and 90k in the coming weeks . Stack your alt coin bags before halving we are going to the moon . disclaimer . we might have another quick liquidity grab towards 60k before going to moon .
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a not long time ago declined to the current resistance level, which coincided with the support line, and at once turned around and started to move up near this line. In a short time later ETH reached a resistance level, which coincided with the seller...
The market has experienced a rapid decline in the past two days, but judging from the charts and price reactions, the market still has upward momentum. The current price is located in the support area of 0.05917, which has also formed a Power of 3. structure in the LTF. I will pay attention to the reaction of the market after the breakthrough. If we can break...
gbp cad price will be back to support zone to balance liquidity take a short after breaking resistance zone as shown in the picture, follow for live updates @FOREX_TRADER_007
The price of gold declined to $2,285 in the Asian trading session on Friday, following its record high above $2,300 in the previous session. This fluctuation reflects market dynamics amidst geopolitical risks in the Middle East and expectations of monetary policy easing from the Federal Reserve, which have fostered optimism for gold price growth. Technical...
If the fear in these market intensify. The new top for 2024 could be behind us. I sure hope I'm wrong and it keeps going up so I make money, But, we are running out of gas, the halving could be a sell the news event. Never forget the most important rule, Always keep some change in case of emergency, to buy the dip. And never be all in forever past the past top. ...
GBPJPY Analysis On the 4 hour timeframe, price has created a Bullish Change of Character after testing the daily bullish Golden Fib level. This tells us that price action is actually bullish. However, overnight price action created a huge pullback which coincides with a 4 hour bullish breaker block. On the 1 hour timeframe, We can identify a 1 hour...
💎Buy AUDCAD @ 0.884 - 0.882💎 Wednesday 04/03/2024 09:59 AM EST 0.878 StopLoss —> 0.8845 BreakEven+ TakeProfit 1: 0.886 TakeProfit 2: 0.888 TakeProfit 3: 0.890 TakeProfit 4: 0.892 TakeProfit 5: 0.894 TakeProfit 10: 0.904 TakeProfit 20: 0.924 TakeProfit 30: 0.944 Richard Eyo ~The Wizard 🧙♂️