Currently, I am observing a negative trend of the United States Dollar (USD) against the Canadian Dollar (CAD) in the markets. My primary focus is on the data of the US Consumer Price Index (CPI) as it is crucial for my forecasts. These data will have a significant impact on expectations regarding inflation and the policy of the United States Federal Reserve...
📊In the analyzed time frame, it is clear that it was bearish, and by reaching the desired area, we can see the beginning of a range or rise from USDT.D. 📈So stay with me in the next updates. 🔗 For more communication with us, send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially...
The EUR/USD exchange rate has undergone changes, reaching a minimum of 1.0741 before recovering to 1.0765 in a quiet trading session. The US Dollar Index has recorded modest gains, supported by an increase in Treasury bond yields. Investors are awaiting significant economic reports and central bank meetings. A decline in Economic Sentiment in the Eurozone is...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 Level & This rally can extend another 400 points if market gives breakout of 47550 level. Any Major downside only expected in case banknifty starts trading below 46950 level. also possible reversal downside 47450 level.
The Japanese Yen continues to slide for the second consecutive day against the US Dollar. Investors are awaiting the US CPI and the FOMC decision this week for a fresh impetus. From a technical perspective, the USD/JPY pair showed some resilience last week at the crucial 200-day Simple Moving Average (SMA). The subsequent move beyond the 23.6% Fibonacci...
The current situation in the gold market depicts a significant downward trend, with prices experiencing a notable drop to around $1,980, marking the lowest level in almost three weeks. This downward movement is largely attributed to the considerable increase, exceeding 1%, in the yield of the US ten-year Treasury bond. Downward pressure on XAU/USD is accentuated...
good evening gold gang! its that time again, the time where we team up to destroy the gold markets!! The target i was calling for all week .. the 1993 was hit last week DESPITE everyone telling me its bullish and we have no chance. The price action never lies gang and after the big open .. it was always coming down to get the best price .. which is the 1993 algo...
In this live trading session video,we look at closed positions on gold and Brent and open positions on currencies and potential trades coming on Bitcoin,US30, etc and the thinking behind them.
USDCHF reached an important confluence zone last week. We see a nice intersection between a daily horizontal support and a lower boundary of a falling parallel channel on a daily. Analyzing 12H time frame, we can spot an inverted head and shoulders formation. The neckline of the pattern was broken with a high momentum bullish candle on Friday. It confirms...
Hello TradingView Family / Fellow Traders, ETH has been overall bullish trading inside the rising channel in blue, and it is currently in a correction phase retesting the lower bound / blue trendline. Moreover, it is approaching a strong support zone 2150.0 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of...
Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level. Any Major upside only expected in case banknifty starts trading above 47050 level & this rally can extend another 400 points if market gives breakout 47550 level.
I'm very glad to see price deliver efficiently as called in the previous week. Please do support me. THANKS
The GBP/USD recovered towards the 1.2550 level after coming close to 1.2500 in the latter part of the day, following the Nonfarm Payrolls report which recorded 199,000 new positions in November. Despite the recent rebound, the pair is on the verge of ending a three-week winning streak. GBP/USD closed in positive territory on Thursday but failed to attract...
Hi there, As you can see in the 4-hour timeframe, the price has had a nice run-up from the demand zone at 0.096, growing 17%. However, it has since been corrected back to the support zone. It's still in a range-bound pattern, but there are a couple of possible scenarios that we can consider. One possibility is that the price will continue to be range-bound for a...
As you can see in the 4-hour timeframe, the price has been in an uptrend from the demand zone at 0.73. It broke through the HIGH at 0.79 and grew by approximately 14% to the price range of 0.83. After the growth, the trend is currently range-bound in the price range of 0.80. In the 4-hour timeframe, it is very important to maintain the support levels of 0.80/0.79...
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
Hey Traders, Check out this technical analysis on XAUUSD. XAUUSD is currently trading with bearish momentum, after breaking below the bullish trend line. So anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
Hey Traders, Check out this technical analysis on AUDUSD. AUDUSD is currently trading with bearish momentum after breaking below the bullish trend line. So anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.