Today is Wednesday April 24, 2024. Its 7:00pm EST and here is the daily projection for tomorrow. Further upside expected on gold after downside retracement.
Hello Everyone,
The GBP/USD is approaching the 1-year Pivot Point (PP), and the objective is to maintain a consistently stable position above this level to ensure continued bullish momentum. Failure to do so could lead to another downturn. It's crucial at this stage for the price to remain above the 1-week and 1-day Pivot Points (PP) for...
In the current market, gold has maintained a spotlight position as traders navigate through fluctuating CPI data and escalating geopolitical concerns. The precious metal's price has been a bellwether for investor sentiment, balancing inflationary pressures with its traditional role as a safe-haven asset.
Technical Take:
The chart illustrates a critical juncture...
Hello Everyone,
The USD/JPY reached a high point at 155.748 and has experienced a minor decrease in price since then. Currently, sellers are showing strong activity, suggesting that this might mark the peak before a downward movement. However, if the price successfully surpasses the 1W/1D resistance levels, there could be further upward potential. Nonetheless, it...
After a big push down or up more often than not price will eventually return to previous levels.
Trend is up
Aussie been very strong all week
Knee jerk reaction to mixed data on news imho
Bounce off Support from Fair Value Gap
Basically just Pattern Play
See previous similar playout pattern as possible outcome.
: )
Hello Everyone,
The EUR/USD appears to be gaining momentum, with the weekly pivot point (PP) serving as a support level, along with the daily PP. To validate further upward movement, it's crucial to maintain a consistent position above the daily PP. However, it's important to exercise caution, as transitions in trends can be turbulent. Hence, it's recommended to...
International Business Machines Corp. (NYSE: NYSE:IBM ) encountered a stormy start to the trading day as its shares tumbled more than 8% in premarket trading on Thursday. The computing and consultancy giant grappled with challenges in its consulting business, fueled by enterprise spending constraints amid an uncertain economic backdrop and rising interest...
Hello Everyone,
XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role.
TradeWithTheTrend3344
hello dear trader and investors
there are two senario for bitcoin
senario 1 : if price close below LL on 59077 this patren will be activated ( can can + fake out ) institutional price action …. after collect some liquidity on the yellow area
senario 2 : if price close above HH on 73700 price can hit 89000 and 92000 without any liquidations …
Bitcoin(BTC) Drops...
Hello Everyone,
The long-term outlook for XAU/USD suggests it remains a favorable buy. As expected, there has been a recent downturn in price. If the daily support level fails to hold, we may observe further declines. Despite this, the overall sentiment remains bullish for XAU/USD. Notably, there appears to be strong support around the 2300 mark at present.
...
Visa Inc. (NYSE: NYSE:V ) emerged as a beacon of strength in the stock market, propelling the Dow Jones Industrial Average alongside Boeing (NYSE: BA) following its robust quarterly results. Analysts responded with enthusiasm, hiking their price targets on Visa stock as they anticipate accelerated growth in the coming quarters.
Visa's stellar performance in its...
My dear subscribers,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 92.386 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 91.646
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend'...
My dear friends,
My technical analysis for SPY is below:
The market is trading on 495.10 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 505.99
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8600 pivot level.
Bias - Bearish
My Stop Loss - 0.8615
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8576
About Used Indicators:
The average true range ATR plays an...
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9152
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9230
Safe Stop Loss - 1.9101
About Used Indicators:
The...
