Nifty is trying to break free from the bear grip on the basis of Global rebound seen around the indices across the globe. Real bullish break out in true sense will be when Nifty is able to break out and sustain above 17435 on weekly closing basis. Support for spot Nifty will be at 17026, 16888, 16749 and finally 16461. Resistance for spot Nifty on the...
AUDUSD + 1.83% The Aussie strengthens against the USD amid the upcoming Reserve Bank Of Australia Interest Rate Decision. The USD lost ground to most major Forex pairs during the session after high-impact economic indicators suggested that the US economy might be slowing down. US manufacturing data showed weak figures, the US Bond Yields dropped, and the Stock...
The New Zealand Dollar lost the gains it made in the two previous trading sessions against the US dollar. The kiwi gained 1.76% when the US 10-year Treasury Note spiked earlier in the week. After the US released high-impact economic indicators, the NZD lost strength, and the USD is having a solid week against most major currency pairs. The US released the...
The US dollar is losing ground to some currency pairs after the US 10-year treasury Note spiked in the previous trading session. The Chinese Yuan gained 2.44% after reaching a 14-year high yesterday. The US released Initial Jobless claims this morning, and the result came out at 193K, a better than the expected figure by 22K; analysts anticipated a 215K. The...
The SwissFranc is gaining ground over the US dollar, but we could see the SwissFranc lose ground after the fundamental news release from the US. They are releasing Initial Jobless claims in tomorrow's trading session; the previous week's figure reached 213K, and analysts expect this week's number to increase to 215K. The US has a very solid labor market that has...
Hi all. Scroll down for the market analysis & skip all my anecdotal barf if you so choose! :) I have been trading a handful of years now, really for the last two full-time, and quite frankly, I'm just wondering how everyone is doing right now? I'm going to tell you how I'm doing, where I'm at for the year, a brief synopsis of how I arrived here, and then most...
The Aussie continues losing ground to the USD; the pair is on a three-day losing streak, and it reached a level we had not seen since May 2020. AUDUSD is down 6.75% in the last eleven trading sessions; we could see the pair sink lower with the release of a high-impact economic indicator from AU later in the day. Australia will announce the Retail Sales MoM for...
2008 vs 2022 CRASH CORRELATION 2000 vs 2022 CRASH CORRELATION 1973 vs 2022 CRASH CORRELATION
WTI CRUDE OIL on daily TF. There's two zone for scalper to make money. Let's see how price react.
(Trend Line) As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance. Notice how shortly after breaking trend line resistance, the market came back to...
The chart is pretty interesting here, on a monthly view. During the covid crash in 2020, the total down move was around 32%. Today, in 2022, the correction move from the top is 33.85%, and it already made a nice bounce in June with the bullish engulfing candle. So, there is a pretty good possibility, that the bottom was already set and we could enter the...
For Monday, Aug. 8th 📉 We are looking to position ourselves into Apple (AAPL) for short term DOWNSIDE MOVEMENT. - We will be most likely Selling Calls to benefit from this position. We would also consider a Bear-Call Spreads, or Bear-Put Spreads. (These are types of ...
if tomorrow market behave negative or naukari stocks goes below the provided level then it high chances to go in demand zone and there we buy at fresh levels
MARKET ANALYSIS: Market Cap.: $1,035,399,793,513 24h Volume: $86,171,585,363 BTC Dominance: 39.8% ETH Dominance: 20.1% 🔸BK® Health Standard: 3.81 (1 to 10) 🔸BK® Sentiment: -31.28% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (BTC pairs): Top Gainers 1. STG: +105% 2. SANTOS: +21% 3. RAD: +17% Top Losers 1. QLC: -12% 2. YFII: -11% 3. GTC: -11% BINANCE FUTURES: Top...
China/Europe/EM: The UK and the entirety of Europe are in trouble. The UK now experiencing double-digit inflation and to make matters worse they are facing extreme weather and an energy shortage going into the winter. All the while Putin's war is complicating European energy supply and political ties even further. China is experiencing civil unrest, mostly thanks...
The connection between traditional finance and crypto is more closely linked than ever before as institutional demand for our treasured asset class rises rapidly. Last week we saw BlackRock, the world’s largest asset manager with approximately $8.5 billion under management, endorse bitcoin by offering a spot bitcoin private trust to their U.S-based investors....
Market starting to show signs of a final melt up ? Just offering this bull case, of course we could certainly see 120 before 280, but 200 weekly MA has offered support in the past followed by strong moves up, less 2008 financial crisis and 2020 covid crash. So I guess real question for the bear case would be - what is the black swan event ? Because for certain...