This is my opinion please consider your due diligence before investing. This is an analysis of technical or financial , Understanding of business
The US dollar kept falling during the most recent trading session as traders gambled that the US Federal Reserve (Fed) had finished tightening its monetary policy and decided to hold interest rates steady. As a result, the Fed resolved at its policy meeting in November to maintain current interest rates while assessing the financial landscape to gauge its capacity...
This morning, the USD on the world market dropped sharply in the international payment basket. Specifically, the Dollar-Index - measuring the strength of the USD in a basket of 6 major currencies, reversed and fell 0.69% stronger than the previous session, to 106,150 points.
Pair : German 40 Index Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Completed " 123 " Impulsive Wave. Rejecting from the Lower Trend Line to complete the " 4th " Impulsive Wave and Retracement for the Break of Structure Entry Precaution : Wait for the Proper Rejection or Breakout of Trend Line
The price of gold (XAU/USD) is currently holding steady just below the $2,000 psychological mark as the Asian trading session kicks off on Monday. Gold is seeing some support due to a correction in the US Dollar (USD) and a slight pullback in US Treasury bond yields. As of now, the price of gold is hovering around $1,996, showing a modest gain of 0.07% for the...
Traders, Couldn't help it. Far too enticing to ignore. NVDA price will be attracted to that $317 level like a super magnet. Not only do we have a H&S pattern now in play, but we have that huge gap to be filled. I mean, trades like these don't come around every day! It's a no-brainer here. Not fin advice. Pure entertainment only. Stewdamus
Bitcoin Price Analysis: As of the latest available data, Bitcoin (BTC) has reached a local high at $35,280. This level has acted as a significant resistance point in the recent price history. If Bitcoin is unable to break above this resistance, it could potentially signify a short-term top. This is an important level to watch as it may signal a reversal or...
Alright guys you win some you lose some, I'm looking for another positiopn on USDCAD in a stronger area. Lets see how the trade plays out.
if it crosses 714.70 then Enter at 714.75 Stop loss : 679.60 Target: 784.40 ( 9.7% Target) Not a SEBI registered, do your own analysis before taking trade , it's for educational purposes only
GSFC CMP 205 Strong breakout in weekly Breakout with volume. Long above 205
Detailed Technical Analysis: Price Action: Support & Resistance: After its peak in early 2023, ARKK found support near the 37.50 USD range. This could serve as a significant support level. On the resistance side, the 42.50 USD level, which was previously support in mid-2023, may now act as a resistance. Trend: Currently, the trend is bearish, indicated by...
Technical Analysis: Trend & Moving Averages : The stock recently moved above the 50-day SMA but is currently below the 200-day SMA, suggesting that it's in a consolidation phase. The 200-day SMA is a critical level to watch. A sustained move above it might signal a longer-term bullish trend. Fibonacci Retracements : The price seems to be hovering around the...
Price and Moving Averages: The BTC price is below both the 50-day (blue line) and 200-day (purple line) moving averages. This is generally a bearish indication. A "death cross" has formed, which is when the 50-day moving average crosses below the 200-day moving average. Historically, this is seen as a bearish signal. Bollinger Bands: The price is trading near...
In this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals. Support Levels: We'll closely monitor important support levels on the gold chart. These levels...
Counter trend trade : Slight correction expected after a beautiful drop in Gold yesterday, Possible to hit the previous lowest low on the daily or 4Hr timeframe (marked with a simple line for possible rejection) or price could easily break the current lower low (might occur just before 14:30 sast - news - normally 30 min before news) This is Biased in my...
go long if it crosses : 603.35 entry price: 603.40 stop loss: 589.15 target: 639.40 This idea is for Educational purposes , i am not SEBI registered.
Bullish and Bearish EURUSD Outlook What we see we trade, as we are end of Sept 2023 last weekly of trade playbook for EURUSD. Monthly Playbook As we have witness 38.2% of Fibonacci scale multiple touches at the same time RSI 8 is crossing from top to RSI 13. (RSI 45.78) As we see we are bearish trend. To read the same after July candle inverted candle. ( ...
- Price Range since March between $24760 and $31840 - $28630 Support Broken - Fib Level Broken and retested $27735 - Possible Fib retest + Resistance Trend Line