Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
Whats up gold gang! wow rekt today 2 losses! .. it looks like gold did a great job of manipulating the masses all looking for longs. Lets see why The daily respected as we saw yesterday and then shot down 200 pips in asian!! looking for pullbacks, i went long and got rekt. Its very rare for price to move so far in asian without a pull back in london. We got...
Gold (XAU/USD) has been subject to a blend of economic indicators and policy projections. After dipping to a several-week low at $2,017, gold regained momentum, surpassing $2,030. This rebound was bolstered by a drop in the yield of the 10-year US Treasury bonds below 4%. As a result, XAU/USD successfully mitigated a substantial part of its daily losses. Various...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Analyzing GBP/USD, I note that the pair is experiencing some bearish pressure in the European session, trading slightly below 1.2700. The prevailing negative market mood is bolstering demand for the US Dollar, making it challenging for GBP/USD to maintain its position. Despite closing the previous week nearly unchanged, due to a late recovery on Friday, the pair's...
Hello friends, let's go to the first weekly outlook of 2024 for gold. In the last week, gold moved according to our view and managed to get the prices we wanted. My weekly view on gold is that due to the breaking of bullish structures, gold can continue its downward trend. In a more general view, you can see that the price behavior in the form of an ascending...
EURNZD is testing a resistance of a horizontal daily range. The price formed a double top pattern on that on a 4H time frame. I believe that we can anticipate a bearish movement soon. Goals will be 1.750 / 1.745 ❤️Please, support my work with like, thank you!❤️
GBPJPY is trading within a wide horizontal range on a daily. The price is currently testing its resistance. On an hourly time frame, we can see how the pair was weakening after it started to approach the underlined blue area. After a strong bullish impulse, the price formed a rising channel. Test of structure triggered a strong bearish reaction and the price...
On EUR/USD, there's noticeable buying interest, with the pair rebounding from multi-week lows at 1.0876 to settle around 1.0948, marking a modest 0.09% increase. During Thursday's European trading hours, EUR/USD gained ground but struggled to extend its recovery later in the day due to rising U.S. Treasury bond yields, supporting the Dollar (USD). The initial...
After a long mega bull flag formation breakout and retesting its support Now a potential ABC wave bullish pennant in progress Entry: Pennant breakout confirmation SL: Below pennant T1: 100% ext. Fibonacci - 15+ baht T2: 161.8% - 18+ baht Indicator: RSI week bullish divergence breakout Always trade with affordable risk, respect your stop
On 15 Min Timeframe, FINNIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Finnifty. Breakdown Move - Confirmation for breakdown will be if Finnifty starts trading and sustain below 21450 level - Downside rally nearly 300 points expected in case of breakdown - Intermediate support expected near 21250- level - Short...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21730 level and then possible upside rally up to 21850 level in today's session. in case nifty trades below 21700 level then the downside target can go up to the 21580 level.
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 & this rally can extend another 400 points if market gives breakout 48550 level.Any Major downside only expected in case banknifty starts trading below 47950 level.Also Possible Reversal Downside 48450 level.
Unlike most other pairs, AUDNZD has been oscillating in nature. If the past has been any indication, it consolidates in a range and then sustain breakout momentum. There's significant volatility with this pair, making it a good choice to catch these breakout momentums. As long as price continues to below the lower range boundary, I anticipate high likelihood of...
The EURJPY pair was trending quite steadily over the past year. After peaking in November 2023, there was a pretty sharp pullback in anticipation that we're exiting out of a high-rate environment. Those expectations seem quickly quashed as we enter 2024 and the upside breakout signifies further upside potential, especially as the upper range boundary continues to...
Good evening gold gang! its that time once again where we tackle these gold markets with ease and precision! Price closed friday respecting 2 major zones .. so we are currently stuck in the middle. The HTF (higher time frame) is respecting the major algo at 2031 and looks good to keep coming up .. but we know this can all change very quickly. We will need some...
In anticipation of today's Non-Farm Payroll (NFP) trade news, I am strategically eyeing a selling opportunity within the range of 2054-2056, with an extreme level target set at 2062-2066. The chart analysis is remarkably clear, presenting a compelling opportunity. Despite the inherent risks, the clarity in the charts motivates me to engage in this clash during...
As a trader monitoring the recent movements of the USD/JPY currency pair, I've observed several key factors affecting its dynamics: Japanese Yen Weakness: The Yen has shown a consistent decline against the US Dollar, reaching a three-week low. This trend reflects reduced expectations for a hawkish policy shift by the Bank of Japan (BoJ) in January. The absence of...