☀️Today, let's delve deep into the intricate dance of the market, particularly focusing our attention on Atom. As we navigate the current landscape, it's evident that the market is still caught in a state of indecision, oscillating without committing to a definitive direction. However, amidst this uncertainty, there's a subtle shift in momentum—a slight dip...
🔅Today, I'm excited to delve into a comprehensive analysis of COMP, providing valuable insights to aid your trading decisions in this dynamic market environment. 🔍To begin, let's take a closer look at the current state of the market. As we've observed, the cryptocurrency landscape continues to oscillate within a range-bound pattern, presenting both challenges and...
AKRO Has One Of The Most Clear And Perfect Charts Among The Market. In Classic View, It Formed So Sweet Patterns And All Of Them Did Exactly Well, Now We're Going To Look At It's Chart From Super-Big Picture And Find The Very Ultimate Pattern . Let's Go. 1- The First And The Most Important Thing Is The Monthly Change of Character ( CHoCH ) That Happened In Aug...
Here I have the DXY on the 4Hr Chart! For the past 2 weeks, Price on DXY has been steadily falling! With our Highs and Lows marked, we can see that Price is outlining what looks to be a Descending Channel! If price continues to follow down this channel, I suspect that the ( 105.53 - 105.025 ) Support Zone will be the area price will Most Likely find support to...
Here I have AUD/USD on the 1Hr Chart! Price has found quite a Support @ .64848! Not only that, but we have 2 Clear Tops and price is working on a 3rd!! If price is unable to move any HIGHER than this Resistance @ ( .65296 - .65246 ), I suspect price will move back down to the Support or "Neckline" and with that, will have completed a VERY STRONG reversal...
🔍The market is currently still consolidating, and we've reached the bottom of the range box. We're waiting to see if the price will continue to move upwards within this range or if it will finally break out of the box and move downwards. Given the sensitive nature of the market, we're examining the 4-hour timeframe to identify potential triggers for trading...
EUR/USD traded tightly above 1.0700 at the beginning of the European trading session on Friday. The US dollar struggled to gather strength ahead of crucial Personal Consumption Expenditures (PCE) Index data, the Federal Reserve's preferred measure of inflation, helping the currency pair maintain its stance. The 4-hour chart indicates that the upward trend remains...
Gold prices edged modestly higher in North American trading on Thursday, rising over 0.5% after crucial economic data from the United States (US) was released. Gold is trading above the $2,330 level after rebounding from the daily low of $2,305 during Friday's Asian trading session. However, on the 4-hour chart, the downtrend is still supported, albeit showing...
📊 Script: BANKINDIA 📊 Sector: Banks 📊 Industry: Banks - Public Sector Key highlights: 💡⚡ 📈 Script is giving breakout of Triple Bottom on daily chart. 📈 Stock was facing resistance at 149 level, today it has given breakout and closed at 150, keep an eye on stock it may give good rally. 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈...
Gold is slowly regaining momentum, edging closer to the $2,330 threshold, albeit encountering resistance from the simple moving average SMA 20. Looking at the 4-hour chart reveals a continued downward trend. The SMA 20 is declining and has crossed below the SMA 100, signaling a negative trend for the market. The relative strength index (RSI) is currently below...
The EUR/USD pair continues to hover around the key psychological level of 1.0700 in the early Asian trading session. Its modest increase remains steady, thanks to the softening of the US dollar (USD). Meanwhile, investors continue to adjust their strategies, anticipating the potential interest rate cuts from the Federal Reserve (Fed). On the 4-hour chart, the...
EUR/USD maintains an upward channel oscillating around the 1.0700 level. The weakening strength of the USD is gradually paving the way for a gentle rise in this currency pair. From a technical standpoint, we observe that EUR/USD continues to hold above the simple moving averages (SMA), while the relative strength index (RSI) remains around the 60 mark, indicating...
Gold remains stable amidst a downward trend, given the backdrop of rising US yields. Reduced tensions in the Middle East contribute to market stability, albeit dampening the demand for gold. Looking at the one-hour chart, it's evident that gold's potential for price appreciation is still constrained. The Relative Strength Index (RSI) has solidified around the 40...
Gold remains stable amidst the downward trend, with US yields on the rise. Reduced tensions in the Middle East contribute to market stability, dampening the demand for gold. Looking at the 4-hour chart, technical indicators suggest limited potential for price increases. Gold is trading below the simple moving averages (SMA) 20 and 100. Meanwhile, the Relative...
📊 Script: NETWEB 📊 Sector: IT - Software 📊 Industry: Computers - Software - Medium / Small Key highlights: 💡⚡ 📈 Script is giving Symmetrical Triangle Breakout on 18th April but there was no rally todays candle is giving breakout of that little consolidation so we may see some good rally. 📈 Script is trading at upper band of BB. 📈 MACD & Double Moving...
📊 Script: TEXRAIL 📊 Sector: Capital Goods-Non Electrical Equipment 📊 Industry: Engineering Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 57. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 178 🟢 Target 🎯🏆 - 197 ⚠️ Stoploss ☠️🚫 - 170 ⚠️ Important:...
USD/JPY is witnessing multi-decade high prices, closing at 155.00. Traders are becoming cautious amidst increasing risks due to Japan's forex intervention. The recovery of the US dollar (USD) is bolstering the rise of USD/JPY. From a technical perspective, this currency pair is trading above the Simple Moving Averages (SMA), indicating stability in the upward...
The EUR/USD market is stabilizing around the 1.0700 level after a positive day on Tuesday. However, PMI data from the US dampened the value of the US dollar that day, pushing up the EUR/USD price. At the beginning of Wednesday, the market showed more caution and supported the USD, posing challenges to the rise of EUR/USD. However, despite the market's caution,...