I expect EURUSD to respect the demand zone and go for a short-term pull back
Hi Traders! SPX looks to have confirmed the support test. There is a long opportunity near the support level of 4541.25 for a potential break above the five-month resistance at 4607.07. Here are the details: The market has comfortably held above the 4541.25 level for more than a week. Preferred Direction: Buy Entry Level: 4554.73 Stop Level: 4498.97 Target...
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.
Hey Traders, Check out this technical analysis on USDCHF. USDCHF is currently trading with bearish momentum, 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.
$TENCENT shows sign of price bottoming on last Thursday with high volume supporting the price from going down lower. (Yellow square box) Based on our analysis, the rebound signals further sets in with price recover more than 50% of the Friday morning price fall. This indicating demand is coming back in after 2 weeks retrace & selling pressure easing. Which could...
Bearish Out Look Now Start of Wave 1 Dwn Pull Back Then More Downside See Reaction To Sell Points Bullish Outlook Correction Complete On Daily TF 1 More Wave Up For Another A.T.H
USDCAD closed, testing a solid horizontal daily supply zone. Analyzing a 4H time frame, I spotted a potential head and shoulders pattern on that. To short the pair with a confirmation next week, pay close attention to the neckline of the pattern. If the price breaks and closes below 1.3548, we can anticipate a bearish movement to 1.35 Alternatively, a...
Crude Oil dropped yesterday, as I predicted. In fact, the market is trading in a bearish trend on a daily. A breakout of a horizontal support of a wide horizontal range was a strong trend following signal. The next support that I see on a daily is 67.5. It will most likely be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️
USDCHF bounce from weekly demand zone and create a potential 4H imbalance, a possible short term Buy into the supply zone 0.88749 - 0.88204
GBPUSD at extreme(weekly supply zone) hits daily supply zone and moved away indicating a potential bear sentiment if it holds possible target would be 1.25563 or 1.25165 - 1.24511 in to demand zone. GBPUSD might take liquidity at 1.26531 before dropping.
Hi Traders! EURUSD is now under pressure following the NFP report. Momentum is now back with the US dollar, and further downside momentum looks very likely. Here are the details: The market is trending down following the break and close below the 20 EMA. There is a possibility of the market going back below the 1.07 handle. Preferred Direction: Sell Entry...
HAPPIEST MINDS TECHNO LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Head & Shoulder Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 935+. ✅Can Go Long in this stock by placing a stop loss below 842-.
Nifty will be FLAT opening in today's session. After opening nifty start trading Below 20900 level and then possible downside rally up to 20780 in today's session. in case nifty trades Above 20930 level then the upside target can go up to the 21050 level.
Today will be FLAT 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.
Hi Traders! GBPUSD continues its bearish outlook, and further downside momentum looks very likely. Here are the details: The market is trending down, with longer swings consisting of lower highs and lower lows. The previous support level of 1.26034 has been broken, and the market may go back to below the 1.25000 level. Preferred Direction: Sell Entry Level:...
AUDCHF is testing a key horizontal supply area. A bearish breakout of a neckline of a double top pattern on an hourly time frame gives us a strong bearish confirmation. We may anticipate a bearish continuation to 0.5733 ❤️Please, support my work with like, thank you!❤️
Here is what am looking forward for AUDUSD, For Short position , I will wait for price to break 0.65500 key level and wait for a clear re-test and sell until 0.65300 For Long position , I will wait for price to break 0.66000 key level and wait for a clear re-test with some confirmation and buy until 0.66200.