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Nightly $SPX / $SPY Predictions for 1.10.2024🔮 Nightly SP:SPX / AMEX:SPY Predictions for 1.10.2024 📅 Fri Jan 10 ⏰ 8:30am 💰 Average Hourly Earnings m/m: 0.3% (prev: 0.4%) 👷 Non-Farm Employment Change: 164K (prev: 227K) 📉 Unemployment Rate: 4.2% (prev: 4.2%) ⏰ 10:00am 📊 Prelim UoM Consumer Sentiment: 74.0 (prev: 74.0) 📈 Prelim UoM Inflation Expectations: 2.8% 💡 Market Insights: 📈 GAP ABOVE HPZ: The markets are very sensitive right now with the pause. I wouldn't bet that it holds this gap for long. 📊 OPEN WITHIN EEZ: A little more upside, and then markets will need the weekend to digest. 📉 GAP BELOW HCZ: Everyone will eat up this drop; definitely look to position bullish here. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPX
by TrendTao
Bullish Breakout: Time to Buy!hello traders! ProfitScalper 1H Analysis, Current price: 2662. Market Overview: The market is currently in a strong bullish momentum. A key development to note is the successful breakout above the significant resistance level of $2660, with the daily close confirming this upward move. Although a small correction may occur from current levels, the ideal entry for a buy position would be between $2653 and $2648. From there, the price is expected to target $2690 by Friday. It is recommended to focus on finding buying opportunities today, especially in the area between $2660 and $2654, which could provide favorable entry points for further upside.
OANDA:XAUUSDLong
by Profit-Scalper
2
Technical Analysis and Trade Setup for GBPNZDThe forex pair GBPNZD is currently trading at a price of 2.2000, with a target price set at 2.3000, indicating a potential gain of 500+ pips. This suggests a bullish outlook for the pair, as it is expected to appreciate in value. The analysis highlights that the pair is showing a good bounce from a key support level, which often signals a reversal or continuation of an upward trend. However, the trader is exercising caution by waiting for confirmation before entering the trade. This confirmation could involve technical indicators, price action patterns, or fundamental factors aligning with the upward movement. Such an approach helps minimize risk and improve the probability of success. The trade setup relies on the strength of the support level and market sentiment favoring the pound over the kiwi. Proper risk management and adherence to a trading plan are essential when executing this strategy.
Long
by AndrewsMarket-Mastery
1
EURGBP Breaking Resistance: Turning Challenges into OpportunityThe forex pair EURGBP is currently trading at 0.83300, with a target price set at 0.84500. This suggests a potential upward movement of over 100 pips. The analysis is based on the support and resistance pattern, a widely used technical analysis method. The main resistance level appears to be breaking, indicating bullish momentum. A breakout above the resistance often signifies increased buying pressure and potential for further price increases. Traders might consider this breakout a signal to enter long positions. However, the accuracy of this setup depends on the strength of the breakout and market conditions. It’s essential to monitor for false breakouts, which can lead to reversals. Risk management strategies, such as stop-loss orders, should be in place. Overall, this setup suggests a favorable risk-to-reward ratio for a bullish trade.
Long
by AndrewsMarket-Mastery
Analyzing AUDCAD Falling Wedge Breakout and 200+ Pips Target The forex pair AUDCAD is currently trading at 0.89700, with a target price of 0.91500, indicating an upward potential of 200+ pips. A falling wedge breakout has occurred, which is a bullish technical pattern that often signals a trend reversal or continuation of an uptrend. The breakout suggests buyers have taken control, pushing the price higher. The retesting phase has also been completed, confirming the breakout's validity and strengthening the bullish outlook. Traders often wait for retests as confirmation to enter trades with reduced risk. The target price aligns with the expected upward momentum post-breakout. With the breakout confirmed, buyers might find this setup attractive. Price action and momentum indicators should be monitored for sustained movement toward the target. Risk management is crucial, given forex volatility.
Long
by AndrewsMarket-Mastery
Quick technical idea on S&P 500The EASYMARKETS:SPIUSD has been on a roller coaster ride lately. But the main question is, will we see a new all-time high by the end of this year. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
E
by easyMarkets
BULLISH SETUP IN CADCHF WITH 500PIPS+ POTENTIALThe CADCHF forex pair is currently trading at 0.62, with a target price set at 0.77, indicating a potential upward movement of over 500 pips. The chart pattern identified is a falling wedge, which is typically a bullish reversal pattern. This suggests that the price may soon break out upward, signaling a potential trend change. Before reaching the target price, the pair is expected to undergo retesting, a phase where the price revisits key support or resistance levels to confirm the breakout's validity. Traders should monitor the breakout zone closely, as it could trigger significant price momentum. Risk management is essential due to potential volatility during the breakout and retesting phase. The falling wedge provides a favorable risk-to-reward ratio, making it attractive for long trades. Patience is key as the pattern unfolds and confirms. Watching volume during the breakout will provide additional confirmation. Overall, the CADCHF setup offers a promising opportunity for traders targeting long-term gains.
Long
by AndrewsMarket-Mastery
USOIL PredictionWelcome to our trading analysis! It’s great to see dedicated traders like you pursuing success with focus and determination. Trading is not just about profits—it’s about learning, adapting, and growing with every market movement. Today, we’re analyzing USOIL, which is currently trading at $74, with a bullish target of $100. The market is forming a falling wedge pattern, a classic bullish setup signaling a potential upward breakout. Before the price reaches the target, it needs to confirm a breakout from this wedge, which will mark the beginning of a strong rally. This pattern indicates a high reward-to-risk opportunity for traders who patiently wait for the breakout confirmation. Watch for strong volume and momentum during the breakout phase, as these are critical indicators of strength. Stay focused, trust your analysis, and remember that consistency and discipline are the keys to long-term trading success.
TVC:USOILLong
by AndrewsMarket-Mastery
We see a potential bullish scenario for gold.Gold is currently considered undervalued based on both the Dynamic RSI indicator by Lars Gross and the technical analysis of levels and structure, making it a viable buying option. The buying zone is located at the breakout of the level marked by a blue horizontal line. A significant resistance line is at the 2,643 $ mark. The selling zone/potential take-profit area is marked in green. Additionally, the current news regarding gold is not negative but rather neutral to positive, further supporting the bullish scenario.
EIGHTCAP:XAUUSDLong
by larsnicog
USDCHF PredictionUSD/CHF current price stands at 0.90960, meaning 1 US Dollar equals 0.90960 Swiss Francs. The target price is set at 0.95000, indicating an expectation that the price will rise towards this level. The potential gain in pips is over 500 pips, with each pip representing a 0.0001 change in the exchange rate. The strategy is based on the support and resistance pattern, where price movements are analyzed at key levels of support (price floors) and resistance (price ceilings). Before reaching the target of 0.95000, the price is expected to retest the 0.89000 level, which could act as a support zone. This retesting implies that the price may temporarily drop to 0.89000 before continuing its upward trend. If the support at 0.89000 holds, the price is expected to bounce back and resume the move towards the target. The current price of 0.90960 offers an entry point for traders looking to buy, with the anticipation of the price rising to the target. The overall strategy suggests a short-term dip before a longer-term upward movement, providing a favorable risk-to-reward scenario for traders.
Long
by AndrewsMarket-Mastery
NVIDIA set to make one more higher high to $165?Technical Analysis: ================ A series of higher highs and higher lows in Weekly Timeframe: NVIDIA has found support at $132, which previously acted as a resistance area during June, July, and August 24. If the stock continues to rise from this level, we could see another higher high (yellow cap) around $165. Alternatively, a deeper correction toward $104 could still be on the table if the support fails. Fundamental Analysis: ================== 1) If NVIDIA struggles, it would suggest AI's momentum is waning—which is clearly not the case. This downtrend might simply reflect profit-taking by large traders. 2) The "Santa Rally" is in play, and NVIDIA appears to be on the "nice" list, signaling potential upward momentum. 3) NVIDIA's Blackwell product line is expected to contribute significantly to profits in the next quarterly earnings, potentially providing a substantial boost to the stock. I bought NVIDIA stock at $145 and plan to hold sell at $160.
NASDAQ:NVDALong
by spranav
4
Oil Long 4HThis trade idea is based solely on Price Action. I observed that oil has broken the previous neckline, and I expect a pullback to the golden zone of the Fibonacci retracement for the previous leg. Before entering the trade, I'm looking for confirmation on a lower time frame, such as the 30-minute chart. An ideal confirmation would form a 'W' pattern, preferably with a higher low in the second leg. 69.20-69 is the entry zone with almost 50 pips SL
TVC:USOILLong
by Persian_Traders_
6
[INTRADAY] #BANKNIFTY PE & CE Levels(26/12/2024)Today will be slightly gap up opening expected in banknifty. Expected opening near 51450 level. After opening it will face resistance at this level and expected downside from this level. Strong upside rally only expected if banknifty starts trading and sustain above 51550 level. Also, Major downside expected below 50950 level. Currently banknifty trading in between the zone of 51050-51450 level. Any major directional rally only expected after breakout this zone.
NSE:BANKNIFTY
by TradZoo
XRP/USDT25-12-2024 G-Money's short version technical analysisXRP/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only XRP/USDT still kinda on the watchlist waiting for a signal to enter trade. Some early/partial entries are done as well already. Still waiting for crossing & closing candle over "entry" level... What do you think? Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;) I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money... ;) Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $... PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it. This Technical analysis is my Christmas "Present" for You ! Merry Christmas to ALL !
Long
by G-money2022
theta long midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
LPTUSDT Ecpecting 30%+ Gain LPTUSDT, currently trading at $18. Analysts predict a target price of $26, indicating a potential gain of over 30%. This forecast is based on the coin's price movement, which is following a support and resistance pattern. Specifically, the price is bouncing off the support level, suggesting a potential upward trend. Investors may consider buying LPTUSDT at its current price, with the goal of selling at the target price to realize the predicted gain. To manage risk, a stop-loss order can be set below the support level. Overall, the investment strategy for LPTUSDT carries a medium to high level of risk.
Long
by CryptoWithJames