🇪🇺 EUR/USD 🇺🇸 🗣️EUR/USD analysis update - 4H Timeframe🗣️ Analyzing the EUR/USD currency pair chart is a fundamental skill for anyone interested in foreign exchange (Forex) trading or investing in the currency markets. The EUR/USD pairing is one of the most traded in the world, making it a prime choice for both beginners and experienced traders. This analysis...
MPHASIS LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2600+. ✅Can Go Long in this stock by placing a stop loss below 2415-.
GOLD is currently testing an important confluence zone based on a daily horizontal resistance and a falling trend line. Depending on the reaction of the price to that, I see 2 potential scenarios. Bearish To sell the market with a confirmation, watch a double top pattern on a 4H time frame. 1942 is its neckline. If the price breaks and closes below that, a...
HDFC ASSET MANAGMENT COMPANY LTD Key highlights: 💡⚡ ✅On1Hour Time Frame Stock Showing Breakdown of Descending Triangle Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 2345-. ✅Can Go short in this stock by placing a stop loss above 2510+.
USDJPY is currently consolidating within a horizontal range. Taking into consideration the fact, that the pair is trading in a long-term bullish trend, probabilities are high that the market will resume the growth soon. Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range. A bullish continuation...
I spotted one more bearish flag on EURJPY. The price was correcting within, till it reached a key horizontal resistance. A bearish move initiated then and a support of the flag was broken. The pair may drop lower now. Goals: 157.226 / 156.96 ❤️Please, support my work with like, thank you!❤️
AUDUSD broke and closed below a support line of a bearish flag pattern on 4H. It may push the prices lower. I will expect a bearish continuation today to 0.6388 / 0.637 ❤️Please, support my work with like, thank you!❤️
Update for EURGBP. Earlier, we spotted a confirmed breakout of a key daily support. The market is retesting the broken structure at the moment. The price formed a bearish flag pattern on a 4h time frame. Your confirmation to sell will be a breakout of its lower boundary - 4h candle close below a trend line will confirm a violation. A bearish continuation...
EURGBP was falling for some time within a channel. After a test of a key horizontal support, the price bounced and violated the resistance line of the channel. It is an important sign of strength of the buyers and a highly probable bullish continuation. Goals: 0.8615 / 0.8628 ❤️Please, support my work with like, thank you!❤️
EURJPY also looks very bullish to me. The price formed a huge inverted head and shoulders pattern on a daily, perfectly respecting 157.4 - 158.1 resistance and retracing from that. Yesterday, however, the underlined blue area was broken, confirming that a bullish trend continues. Next target - 160.5 ❤️Please, support my work with like, thank you!❤️
S&P500 Index formed a head and shoulders pattern on a daily time frame, trading in a bullish trend. The breakout of the neckline of the pattern signifies the local exhaustion of the buyers and highly probable coming correctional movement. I expect a bearish movement at least to 4465 ❤️Please, support my work with like, thank you!❤️
USDCAD is testing a key daily resistance. The price formed a double top pattern on that on a 4H time frame. The neckline of the pattern is now broken. I think that we can expect a retracement from the underlined yellow area. Goal will be 1.3325 ❤️Please, support my work with like, thank you!❤️
CADCHF is testing a key daily resistance. The price broke and closed below a support of a rising wedge pattern as a confirmation. I expect a retracement now. Goals: 0.6563 / 0.65485 ❤️Please, support my work with like, thank you!❤️
TVS MOTORS CO Key highlights: 💡 ✅On 1 Hour Time Frame Stock Showing Reversal of Double Top Pattern. ✅ It can give movement upto the Reversal final target of below 1345-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 1290-.
GBPCHF formed an ascending triangle formation on a daily time frame. Its neckline was broken on Friday and the market closed above that. I will expect a bullish continuation on the pair. Next resistance - 1.1225 ❤️Please, support my work with like, thank you!❤️
SIEMENS INDIA LTD Key highlights: 💡⚡️ ✅On 1Hour Time Frame Stock Showing Breakout of head and shoulder pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 3858+. ✅Can Go short in this stock by placing a stop loss above 3695-
GBPCHF is testing a strong horizontal resistance. Here are multiple bearish clues that I spotted after the test of the underlined area: the market was rejected heavily, forming a sequence of rejection candles, the price formed a head and shoulders pattern and broke its horizontal neckline, the pair violated a support line of an expanding wedge pattern. I...
DEEPAK NITRITE Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Double bottom Pattern . ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2040+. ✅Can Go Long in this stock by placing a stop loss below 1985-.