Hello Everyone, GBP/USD appears poised for additional bullish momentum. Sustained positioning above the 1-month Pivot Point (1M PP) is crucial, and thus far, we've observed the 1M PP effectively functioning as a support level. TradeWithTheTrend3344
Hello Everyone, The USD/JPY appears poised for additional downward movement, with the next significant level to watch being the weekly pivot point. While current indications suggest a bullish continuation, there's potential for a shift towards a bearish trend, setting the stage for another downward wave. TradeWithTheTrend3344
Hello Everyone, The EUR/USD pair has been consistently advancing in a bullish manner. It's currently pivotal for the price to maintain levels above the 1-month, 1-week, and 1-day pivot points. TradeWithTheTrend3344
As you can see Nifty is resting very timidly at the bottom of the channel after confirmation of H&S Break down. Most of the indices were thrashed like bowlers are thrashed in IPL matches this season. If Nifty has to recover it has to be done in next couple of sessions that is Friday or Monday. If the current support around 21900 is broken the next supports are...
CN50USD - 24h expiry The trend of higher lows is located at 11800. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 12800 will confirm the bullish momentum. The measured move target is 12900. We look to Buy at 12650 (stop at 12550) Our profit targets will be 12900 and 12950 Resistance: 12800 / 12850...
Technical Analysis of Stock SOUN Introduction: SOUN, founded by a computer scientist from the dot-com era, has garnered significant attention from investors, including heavyweights like NVDA and Kleiner Perkins. Notably, Kleiner Perkins' backing is a considerable endorsement. The company's innovations, such as AI-powered burger ordering at White Castle,...
Recently, I have been emphasizing that gold bulls still have room to support the rise of gold. Today, under the influence of the positive initial unemployment claims data, gold rose sharply in the short term and broke through multiple important resistance areas, reaching a maximum of around 2339. According to the current structure, gold faces short-term...
GODS is trying to paint a bottom with a sign of strength. Now retraced and testing the major golden fib at .3667. Break and retest for next leg up, or reject to new lows. ================================================= .
The pair is trading in a resistance area for the past week and its now shifted on the down side. Also US dollar loosing power.
Reasons for bullish bias: - Strong resistance breakout - Price has broken all-time high - Accumulation phase breakout Here are the recommended trading levels: Entry Level(CMP): 62.18 Stop Loss Level: 52.73 Take Profit Level 1: 65.33 Take Profit Level 2: 68.78 Take Profit Level 3: Open
Here is my latest structure analysis and important key levels to watch on WTI Crude Oil. Resistance 1: 80.3 - 81.9 area Resistance 2: 83.7 - 85.6 area Resistance 3: 86.8 - 87.6 area Support 1: 76.8 - 77.8 area Support 2: 75.5 - 76.3 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️
The US30 appears to be stabilizing at its current price level, which could be indicative of a potential uptrend in the near term. There is an expectation that it may rise to test resistance levels between 430 and 450. Should it reach this range, it would be a prudent point to consider closing any existing buy trades. Disclaimer Please note that this analysis is...
Hello Everyone, The XAG/USD pair is currently showing signs of upward momentum, with a significant resistance level at 29.078. Our focus is now on observing whether the strong 1Y resistance point at 27.222 can potentially serve as a support level if retested in the future. TradeWithTheTrend3344
Hello Everyone, Once more, XAU/USD has positioned itself comfortably above the 1M/1W/1D pivot points. Currently, it nears notable resistance levels at 2341.696 and 2397.523. Anticipate continued bullish momentum, although a test of support levels may also be in store. TradeWithTheTrend3344
Technically speaking 155-156 area acted as a critical support for a movement towards 160 last week. testing 156 and loosing momentum was the name of the game for UJ at this current moment. there were rumors of BOJ being the one selling UJ from 160 area and this has reduced bulls confidence. if 156 proves to be stiff , there might be U turn from here towards 152...
I think Ondo is in a bullish pattern . Retesting 1$ resistance .