FX:GBPUSD , influenced by a positive fundamental backdrop and the dollar's decline since the opening of the session on Monday, is strengthening above previously broken trend resistance. GBPUSD is strengthening, the currency pair is in a bearish trend reversal phase. The market and traders are readjusting after the negative NFP for the dollar released last...
Hi folks today I'm prepared for you Euro analytics. Some days ago price traded inside consolidation, very close to the resistance level, which coincided with the resistance zone, after which rebounded up to the top part of the consolidation. EUR some time traded and then declined to the 1.0825 level, and soon broke it, thereby exiting from consolidation too. After...
Here I have USD/CAD on the Daily Chart! Price on UCAD has been Ranging between the Resistance Zone @ ( 1.3880 - 1.3804 ) & Support Zone @ ( 1.3223 - 1.3116 ) since Sept. 2022!!! Price revisited the Resistance Zone on Apr. 16th-17th and since has created a LOWER LOW with price finding a Minor Support Level @ ( 1.3647 - 1.3616 ) Suspecting Price may be creating a...
Looks Good on Chart. Volume Buildup followed by Consolidation. Good for Short term. Target 290 ,360 ... Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational...
Hi folks today I'm prepared for you Gold analytics. A few moments ago price rebounded from the trend line and in a short time rose to the support level, which coincided with the support zone. Soon, the price broke this level and started to trades inside consolidation, where it at once rose to the top part, but soon turned around and made a correction movement....
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1...
Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price entered to consolidation, where it first rose to the resistance level, which coincided with the resistance zone, and then at once rebounded from to support level. After this movement, BNB turned around and made an impulse up to the resistance zone, after which it in a short time...
📊 Script: KOTAKBANK 📊 Nifty50 Stock: YES 📊 Sector: Banks 📊 Industry: Banks - Private Sector Key highlights: 💡⚡ 📈 Script is giving Breakdown of consolidation on Monthly chart, we may see some more bearishness into the stock. ⏱️ C.M.P 📑💰- 1551 🟢 Target 🎯🏆 - 1479 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
FX:XAUUSD continues to decline and test new local lows. The fundamental background is negative and the decline may continue. Important events are ahead, everyone is waiting for Powell's speech. Bears finally hold the area of strong liquidity 2328, which only intensifies the price decline. At the moment the market is testing 2280. Today is a busy news day....
compared to USI:TICK , SPX/NDX is maximally diverged as stocks consolidate most heavily. the difference between indices historically closes quickly, and daily consolidation may have begun to rally the market somewhat. the indices compared to all stocks up/down is beginning a daily bounce due to the amount of money that has gone back into risk assets as they...
Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price recently traded between the support level, which coincided with the support zone, and later broke this level and declined to the trend line. After this movement, ETH rebounded from the trend line and made impulse up higher than the 3065 level, breaking it one...
This next week is critical in determining our path forward. For continuation to the upside, really need to se BTC above 67K (green path). As we live below 63K, downside is more likely (yellow path). Pay close attention to price action this week/beginning of next week.
Bank of India - Finally this guy is looking strong with multiple bullish structures 1. Rounding Bottom BO already done above 118 but price went into consolidation mode ever since 2. After BO, price started following Parallel channel and travelled from One shore to Other Shore - Flat for 4 months since Jan 2024 3. Now, the boat has touched the other side of river...
FX:GBPUSD is forming a counter-trend correction phase, pound sterling strengthens amid weakening dollar index. On D1, the price is approaching a strong resistance and liquidity area, which has multiple confirmations, indicating that this area is important for traders. The correction may be over in the area of the nearest strong level and there is a high...
4H has a small channel. 1H inside a range/consolidation. 1H range/consolidation breakout is probably the better confirmation for direction/entry. Major news at 8:30. So prob will get the breakout confirmation around 9 am or 10 am.
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...
FX:XAUUSD is breaking the bullish trend structure, earlier I pointed out that the market is preparing for a reversal amid liquidity capture at the expense of buyers. The market is testing support for a breakout Idea from April 19: GOLD → One step away from a correction? What's going on? Selling since the opening of the session. Price is testing local lows...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago price entered to consolidation, where it reached resistance 2, which coincided with the top part of the range and resistance zone. After this movement, EUR turned around and made an impulse down to resistance 1, which coincided with the bottom part...