Hi again, AUDUSD pair has solid long positions backing in recent data and institutional futures positions. After data release now the long from here 0.663 AUDUSD might work, but I prefer to wait for better position. I will build longs and stop loss accordingly to the long position I shared on chart.
AUDUSD Long - 4 confirmations Part 3 Reduced SL to 0.5%
AUDUSD Long - 4 confirmations Part 2 Reduced SL to 0.5%. Protected our capital.
I see Uber, forming a potential falling, wedge, same as it just formed about a month ago also signaling bullish momentum. I believe we could break out here soon let’s see if the buyers step in.
End of day update from us here at KOG: A decent day on gold today with the 2315-20 level holding price allowing early buyers to get in on the bounce, while those who missed it got another opportunity to target the order region from slightly higher. We've done well, still holding partials at break even from the lower levels. So, what now? We're not in the...
SBIN chart is setting up for a nice corrective move post elections. This stock is still looking strong for a bigger move to the upside. Will be waiting patiently for the price to correct towards the given level of Demand
AUDUSD Long- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up 4 confirmations: 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4, H8 or Daily timeframe 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply...
EURCAD has a nice potential to drop lower after a false violation of a key horizontal resistance. The price just formed a strong bearish imbalance, confirming a bullish trap. I think that the pair may keep falling to 1.4847 support. ❤️Please, support my work with like, thank you!❤️
Oil prices increased early as we mentioned, recovering from a six-week low after a significant 4.3% fall the previous day, which was the lowest point since mid-March. This drop was attributed to an unexpected surge in U.S. stockpiles, indicating softer demand than anticipated. At the same time, market observers have pointed out that the Federal Reserve has kept...
Hello there, Nifty couldn't break below 21341.40, suggesting a bullish sentiment; if the price goes below that level, then the trend will turn bearish. Currently, the overall price is stagnant over a support area with the potential to break above the 22392.90 high. The bias is 24828.05, with one potential target of 24336.55. Fundamental Point Summaries: ...
Hey everyone hope your weekend has been amazing so far! Wanted to make my second post of the week on the FX pair GBP VS SGD. I do think we are coming into a nice potential swing opportunity on this pair and wanted to get on here and share what I am seeing on this pair starting as early as this week! So let's dive in! OK so when looking at GBPSGD there are some...
Technical Analysis of Gold In our previous analysis, we identified a resistance level at $2,358 for gold. The price reached this level but subsequently dropped, continuing its bearish trend. Current Week Outlook This week, gold is expected to consolidate between $2,320 and $2,342 before breaking out in either direction. Bearish Scenario: If the price...
The election news and outcome have all the Adani group stocks correct more than 20% in a day. There is a possibility of this stock correcting further towards these demand levels.
According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
Hello there, ADAUSDT dropped to support area 0.4439 then went above the 36-DEMA formed a higher low above it and high above the previous high of 0.4536 and the current candle seems bullish above this previous high. I expect the price to go up to reach the 0.4800 supply area, where it will likely be rejected from that area, and then drop to 0.3836 with two price...
Turkish lira sinks to fresh lows following the central bank’s interest rate hike The Turkish lira sank to new record lows after Turkey’s central bank raised the country’s benchmark interest rate by 650 basis points in a dramatic monetary policy reversal. The central bank lifted its key interest rate by almost double, from 8.5% to 15% Thursday, marking the...
My bullish sentiment on NZDCAD are backed by the following confluences- 1) Market structure (BoS), 2) IMB-Demand, 3) Imbalance, but I await my fourth(4th) confluence which is Liquidity(take profit liquidity), which will make it at least a 4/5 of my confluences before i can execute. So my markups are done on the 4hr timeframe which is my major higher timeframe...
FX:USDCAD Price has started rebound from the area that we had previously had anticipated. However, we will now wait for price to breakthrough the inducement. The news on Thursday and NFP on Friday will be crucial for future of the pair. **If you like our ideas, then please like, comment and follow us which will encourage to bring more educational ideas like...