After the strong growth, jobs data with fast increasing economic activity seen in ISM - PMI data, dollar is gaining strength. The rate cuts bets were too optimistic and now it is about to be trimmed. On top of that, "prices paid" sub index in ISM manufacturing and services indicates inflationary pressures might return, but so far it is too early to tell. While US...
BTC 500m worth of OI entering the price soon we expect some shake-out
EURAUD reached the kill zone: support and 50% fibo level, bullish harmonic pattern. Price pulled back to the support zone with deceleration and is now in an oversold condition. The market is trading near the psychological level 1.65000. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea...
H4 - Bullish trend pattern followed by a pullback. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
Earning was in line but under the great expectation Price will cool down a lot and it probably will fill the gap to 39$ today I thing that the drop will continue until near 36-36,5$ where price will the recover and try to cross strong 39$ resistance
XAU/USD 15M - With this pair we are looking to take it long up and into the Supply Zone I have marked out above, its important we are delivered with entry confirmation though before entering. We have seen that price has broken structure nicely on the 15M timeframes, I now just want to see price come back down to correct itself trade us into one of the Demand Zone...
As supposed in previous idea price drop to fill the gap and find support near 39$ that is a strong resistance/support I suppose price will reach upper resistance at 43$ and then drop again to 39$ Breaking 39$ resistance will set a new target to 34-35$
NZDCAD is moving in the descending channel, and it has made lower lows. The market broke and closed below the support level, which became a resistance that was respected before. We anticipate a bearish move from the resistance level at 0.82000 which is psychological level as well. ------------------- Share your opinion in the comments and support the idea...
Hello,Traders! CAD-JPY went up to Retest the horizontal Resistance level of 110.373 From where I think we Will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! NZD-JPY is making a Pullback from the broken Rising support line which is Now a resistance and I think That we will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
HITECHCORP cmp- 250 Targets coming 275/300 SL can be near 230 Trade at your own risk. You will be responsible for your financial losses or profits.
Let's assess the XAU/USD dynamics: Daily Chart: The trendline breach indicates a shift towards bearish sentiment. Notably, there's a strong reaction to the established level. 4-Hour Chart: The level of 2029 has been breached, affirming a downtrend. 15-Minute Chart: Entry Points: Consider entries at 2029.00 and 2031.70. Set Stop Loss (SL) at 2037.00. Take...
Hi Gang long time . this is my us30 short term buy trade that Im In , feel free to add your opinion. Happy 2024 😊
Hello to all our subscribers! Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. During the first FOMC regular meeting of the year, the Federal Reserve signaled the possibility of an early rate cut in March alongside maintaining the current interest rates. Furthermore, the U.S. labor market has...
Good morning, fellow traders! ☀️ Yesterday was a quiet day for me, no trades on the horizon. But, today's a fresh start with a clean setup! 📈📉 The trend's pointing down for gold, so I'm eyeing those sell opportunities. Let's ride the bear wave! 🐻🌊 Wishing us all some exciting action in the market today! Let's make it count! 💪🚀 Happy trading, everyone! 🎉💰...
BANKNIFTY INDEX is created a Demand zone at 45450-45220 zone. If this zone again push the price upside, leads to creates an Right shoulder.. then will observe a inverse Head and shoulders will clearly seen if the same is happens from this demand zone. on topside(Neckline) at 46500-46700 zone is pushing the price downside, continuously. previous support is now...
At the FOMC last week, interest rates remained unchanged, in line with market expectations. The labor market showed strong performance in U.S. employment report released on Friday. In an interview over the weekend, Powell said a rate cut was possible this year, but based on current economic data, it was unlikely that an interest rate cut will be imminent. CME...
At the FOMC last week, interest rates remained unchanged, in line with market expectations. The labor market showed strong performance in U.S. employment report released on Friday. In an interview over the weekend, Powell said a rate cut was possible this year, but based on current economic data, it was unlikely that an interest rate cut will be imminent. CME...