Swift dismantling of zero-Covid policy in China has triggered a surge in demand resulting in robust economic recovery. Is this a flash in the pan or a structural shift?
Bouncing off from 2022 bottom in early November, Chinese equities (represented by FTSE China 50 Index, "China50 Index") rallied 64% on COVID easing. The rally has stalled based on specific sector...
Kotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report).
Kotak is a fundamentally strong bank, that has generated...
TMV Teamviewer had its good momentum in 2020 and thereafter fell of from the traders radars. In the meantime the company has proved that it should not be mixed up as another "Zoom" company as it targets institutional accounts through its AR platform.
The recovery should be underway and a 23 eur PT could be realistic.
Watch to stop if the stock drops below 11 eur.
When China sneezes, commodities catch cold. Developments in China over the last quarter around zero COVID have paved the path to re-opening, which has a substantial impact on lives, livelihoods, and commodity prices.
China re-opening plus a raft of measures to spur the Chinese real estate sector sets the backdrop for copper prices to be bullish. This case study...
USOIL
OIl has high potential moving towards the Bullish side, as China is ready to open for business after lunar new year.
Key Zone - 82.49 -83.82
R1 - 86.74
R2 - 89.02
R3 - 92.73
We've finally recovered from the crash that lead to the price plummeting through the 20-year-long support price.
Next, we return to the 7-year-long trend.
In a perfect world, we'd wait for the price to drop back down to ~1.0400 before opening a long position.
We might just see the USD market thrive (or, in the very least, perform a little less poorly) during...
It's no secret that we're heading into a global recession in 2023.
The question is, will the Crypto market feel the effects too?
At the start of 2021 we saw massive buying power come into play and the Crypto market boomed. We saw a 250% increase in prices over 2018's boom before it promptly imploded during mid-late 2022.
The previous "dead period" lasted for...
DASH may have found the strong support, as we see it recovering within an impulsive five-wave cycle from Elliott wave perspective.
DASH with ticker DSHUSD is bouncing strongly and in an impulsive fashion away from the lows and it’s just about to break channel resistance line. It means that ending diagonal within wave 5 of (C) on a daily chart can be completed...
After 5 wave down move(wave c5),SPX is set to unfold its counter rally up to the falling trendline (4160)
the dotted red line shows the path of bullish 'C' wave , time to achieve this target is 4 th Nov'22
After the hack Binance showed crazy strength thanks to the quick and effective reaction from the Binance team and validators. The fact that BNB stopped losing its value on the trendline gives hope for another fast and strong recovery.
XAU/USD is currently in a downtrend from the daily perspective, we may see it complete the downward trend at either 1692.78 or 1680.00. We could also see it break above 1709 for an upward continuation. I'm currently waiting for a break above or below the marked levels X and Y For any further directional certainty.
Crypto market is recovering as strong rebound from the lows suggests a temporary support from Elliott wave perspective.
Cryptocurrencies are in a recovery mode again following news that SEC Division of Corporation Finance is about to Add Industry Offices Focused on Crypto Assets and Industrial Applications and Services( source ). Looking at the Crypto total...
Looking for a bullish continuation from last week's strong weekly candle. A bullish head and shoulders taking shape and targeting 1900 zone. The risk to reward is 2.89 for this one.
We are at a psychological zone and I expect the bulls to come in and defend the zone. Looking to target the next zone at the 2200 zone for a RR of 2.97.
Looking to play the recovery up from the bounce from 2 positions. The 1st target 1090 and 2nd target 1236. Friday's candle had good volume. the proper entry would have been 30 August daily close but better late than never.
1st TP=2.44
2nd TP=4.31
![EURUSD: [EURUSD] 2-year trading plan](https://s3.tradingview.com/k/KzN6KnpQ_mid.png "[EURUSD] 2-year trading plan")
