Following the US Federal Reserve's dovish pivot, the market experienced a shift in sentiment when New York Federal Reserve President John Williams expressed reservations about rate cut expectations, emphasizing the central bank's commitment to maintaining inflation at its 2% target. This development led to a rebound in US Treasury bond yields, providing some...
Despite a slight dip on Friday, the GBPUSD charts remain poised for potential new highs. The aftermath of the U.S. Federal Reserve's dovish pivot faced resistance from New York Federal Reserve President John Williams, moderating rate cut expectations and emphasizing the central bank's commitment to tackling inflation. In this dynamic landscape, both the Bank of...
-By passing the Mfomti area ahead, my idea for the next movement of gold is that, gold continues its upward movement, which is the next resistance area, which is the price (2069). -By reaching this area, we can see the price return from this level. -Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
BHARATI AIRTEL LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1021+. ✅Can Go Long in this stock by placing a stop loss below 970-.
I'm conducting a detailed analysis of the GBP/USD pair, and a rather nuanced picture is emerging. Currently, the pair is struggling to consolidate its recent rebound from a weekly low of around 1.2610, with a recovery of about 85 pips. During Friday's Asian session, the action fluctuated within a range, but spot prices remain below the 1.2700 mark. It's clear that...
NIFTY 50 INDEX Key highlights: 💡⚡ ✅On 15 MIN Time Frame Stock Showing Breakout of Rising Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 21510+. ✅Can Go Long in this stock by placing a stop loss below 21250-.
LAURUS LABS LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Broadening Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 465+. ✅Can Go Long in this stock by placing a stop loss below 385-.
I'm analyzing the EUR/USD currency pair, and it's quite an interesting scenario unfolding. As I dive into the details, the pair is testing levels above 1.1000, and it seems the US Dollar is under some pressure. Despite higher Treasury yields, which typically support the Dollar, it's not gaining the expected strength. The mixed US economic data from Thursday,...
I have explained why I am expecting deeper retracements in SPY. Don't forget to ask your doubts in the comments below. NOTE:ALL TIME HIGH SHOULD COME
Hello TradingView Family / Fellow Traders, 📈 EURAUD has been overall bearish , trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.6 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
The provided text offers a comprehensive analysis of the recent dynamics in the Crude oil market, primarily focusing on West Texas Intermediate (WTI) prices, US crude inventory changes, production rates, geopolitical tensions, and regulatory measures. West Texas Intermediate (WTI) Price Movements: WTI prices are around $74.00 per barrel, experiencing downward...
CADJPY reached a key horizontal resistance. The price nicely reacted to that, forming a double top formation on a 4h time frame and breaking a support line of an expanding wedge pattern. I anticipate a retracement at least to 106.45 ❤️Please, support my work with like, thank you!❤️
Today, I analyzed the XAU/USD pair and noticed that gold posted modest losses, snapping a two-day winning streak. The price peaked around the $2,047 region the previous day, but a pickup in US Dollar demand drove it down. Despite this downturn, my examination of the daily chart reveals that the bulls retain control. The pair is trading above all its moving...
Good evening gold gang .. what a trading day today! called that 50 pip move up to the pip and hundreds of you took it with me ... well done tomorrow id like to see price move up in asian to the 2034 area marked to sell down. I cant take buys in this area until the structure is cleared .. so a liquidity grab and sells would be perfecto algo bounce buys down at...
Analyzing the GBP/USD exchange rate situation in detail, I can highlight several relevant aspects: Loss of Momentum for the Pound: The recovery of the GBP/USD exchange rate lost momentum below 1.2700, consolidating around 1.2660. The pound proved to be one of the worst-performing currencies on Wednesday, following UK inflation data that was lower than...
GBPUSD formed an inverted head and shoulders pattern on a solid horizontal support. Its neckline breakout - hourly candle close above 1.2683 - will give us a strong bullish confirmation. A bullish continuation will be anticipated to 1.2714 / 1.274 ❤️Please, support my work with like, thank you!❤️
EUR/USD is struggling, remaining around 1.0950 and unable to gain recovery momentum. The US Dollar maintains its strength following data indicating an improvement in consumer confidence in December. Technically, the daily chart shows limited bearish potential for EUR/USD, with the pair staying above all its moving averages. The 20-day SMA intersects with the...
whats up gold gang! we did it again with the analysis totally on point .. we even caught the expansion upwards! great day was had whats next? .. the bulls are firmly in control as predicted at the begining of the week .. so we can expect higher price tomorrow onwards .. but we will need a pull back first Id like to see asian pull back to the 2033 area before...