Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment 40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too Apple price showed a good reaction to 135...
📊 Market Overview: Recent Movement: The TOTAL cryptocurrency market capitalization has experienced a retracement from approximately $2.6 trillion to $2.35 trillion before rebounding briefly and encountering resistance at the $2.5 trillion level. Current Trend: Despite the bounce, there's a risk of further downside if the daily support line around $2.35 trillion...
Last week began with bearish consolidation, which was short-lived. The bulls quickly regained control, established a daily higher low, and broke through the previous week's resistance at 524.1 . Although the breakout was not very strong, it was still meaningful. The March close was very strong, posting a +3% gain, and both weekly and daily charts are indicating...
All major sectors are strong, confirming SPX strength. There are minor signs of weakness on some charts but nothing serious yet.
Let's delve into analyzing this currency pair for trading in futures in the forex market. 📉📊 In the daily timeframe, we're within a long-term box, and currently, we've lifted off from the box's floor, even surpassing the midline, heading towards the box's ceiling. 🏗️💹 On the 4-hour timeframe, we're also witnessing an upward trend, reaching the resistance at...
Nifty Short, Medium & Long Term View- 02-Apr-24 to 05-Apr-24 Nifty closed at 22462 on 01-Apr-24 (22096 on 22-Mar-24) and touched low & high of 21893 & 22517 RSI and stochastics levels have improved last week (61% & 92% Respectively). Market was volatile in the month of March and in the end of the month started to increase. Market touched new high on 01-Apr-24...
📈 Let's dive into this forex pair, NZDCAD, for trading in futures markets and conduct an analysis. 💰 In the 4-hour timeframe, after losing support at 0.82951 and experiencing a downward movement, we've almost reached a point where we're pausing in terms of both time and price in this timeframe. 📉 The support we've formed in the 4-hour timeframe isn't a...
THE KOG REPORT: In last week’s KOG Report we said we would be looking for the support level of 2145-7 to be attempted and if held we felt that region would represent an opportunity to long the market using KOG’s daily bias levels and the levels on the chart. We said we would be looking for 2165-7 and in extension of the move into 2175 which were both completed. ...
XAUUSD 50/3 Strategy - Today's Analysis and Forecast** Overview: In today's analysis, we'll be examining the XAUUSD (Gold) pair using the 50/3 strategy. This strategy involves utilizing the 50-day moving average and a 3-day indicator to identify potential trading opportunities in the gold market. Technical Analysis: The 50-day moving average serves as a key...
Nifty Short , Medium & Long Term View- 19-Mar-24 to 22-Mar-24 Nifty closed at 22023(22493) and touched low & high of 21905 & 22524 RSI and stochastics levels are same in this week (47% & 21% Respectively). Stochastics is in oversold zone. Market touched a new high last week Monday 22524. RBI issued warning on excessive rally on Mid & Small Cap to control...
📈 Let's delve into analyzing this forex currency pair for trading on lower timeframes. ⚡️ On the four-hour timeframe, after a fakeout below the 1.66909 line and a sharp decline along with a retest of the weekly support, we're now in a correction phase, engaging with the four-hour support. 🔍 Due to the ongoing bearish cycle, it's risky, but placing a trigger...
Let's delve into analyzing this popular forex currency pair together. 📈🔍 On the daily timeframe, we've reached a highly significant weekly support level. If breached, it could lead to a sharp new movement towards the 0.84060 range.🕰️⏳ Moreover, within this timeframe, there's a descending trendline. A break and confirmation below the 0.85698 trigger could prompt...
Nifty Short , Medium & Long Term View- 11-Mar-24 to 15-Mar-24 Nifty closed at 22493(22378) and touched low & high of 22224 & 22522 RSI and stochastics levels are same in this week (65% & 96% Respectively). Stochastics is in overbought zone. Market touched a new high on last short trading session on Saturday to 22522, which crossed the Fib resistance and trend...
Technical Analysis Overview Current Price : $3.7605 Weekly Trend : A decrease of 27.10%, indicating recent bearish sentiment. 1-Month Trend : An increase of 8.98%, showing some recovery. 6-Month and Yearly Trends : Impressive growth of 289.95% and 260.09%, respectively, highlighting a strong bullish trend in the medium to long term. Advanced...
Let's dive into analyzing crude oil on the daily chart. 🌊💡 Following a decline and correction to the 0.5 Fibonacci level, we are currently riding the waves within an upward channel. This channel is our guiding light. 🌟✨ If we successfully breach the line at 79.290, we may witness an exhilarating surge in oil prices 📈, potentially soaring to the lofty heights of...
Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is: We see that ALL previous buyside has been swept. This should indicate BULLISH order flow. Every bullrun hits it's breaking point but where will that be??? We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon...
Nifty Short , Medium & Long Term View- 04-Mar-24 to 08-Mar-24 Nifty closed at 22378 (22212) and touched low & high of 21860 & 22297 RSI and stochastics levels reduced this week (63% & 97% Respectively). Stochastics is in overbought zone. Market touched a new high on last short trading session on Saturday to 22416, which crossed the Fib resistance and trend line...
No Trading Reversal Zone: Range: 46,662 to 46,800 Analysis: The market has established a no trading reversal zone in the range of 46,662 to 46,800, suggesting a period of consolidation or indecision. Traders should exercise caution within this range, awaiting clearer signals before making significant trading decisions. Previous Day High and Open Interest (OI)...