Open a short position in XAUUSD 2199-2211 TP1 2147 TP2 2080 TP3 2057
Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...
After the latest market session and subsequent FOMC meeting, where a dovish tone was perceived due to the announcement of future rate cuts, the U.S. Dollar Index (DXY) is demonstrating an interesting technical picture. While the CPI remains high, signaling continued inflation concerns, the DXY's response has been somewhat paradoxical, showing strength instead of...
In light of the last market session's revelations and the Federal Reserve's announcement of future rate cuts, albeit cautious in their application due to persistent inflation, the GBP/USD pair has displayed significant resilience. This robustness could be attributed to the anticipated USD weakness. Technical analysis: The GBP/USD has recently approached a...
ALGOUSDT downtrend broken, potential move in coming monhs +120%
Cameco is approaching 2007 highs. Will we see a correction to $32 or will it hit $56 immediately? I would like to remind you that the sentiment on the uranium market is getting better.
We are considering the scenario of price movement for LINK. The asset is in an uptrend. From the perspective of volume profile and participant transactions, the price is being pushed upwards. Currently, after reaching a local maximum at $22.845, the asset has started a correction, and its price has decreased by more than 27%. Additionally, amidst the BTC...
FX:XAUUSD corrects after testing $2222. News on Thursday shook the market after Powell's dovish statement on Wednesday, which spurred a false breakdown and a 2.5% fall Yesterday the market met a bullish wave of news for the US market: Initial Jobless Claims down, PMI up, overall this is a locally positive scenario, but today at 13:30 Powell speaks, who can...
Review of CME_MINI:ES1! Levels, March 21 Thursday NY session Volume through the NY session was slow through the day, except for the wild swings at the open and late afternoon. High of day "Premium" On our daily 15m chart, I had this labelled as the daily premium (Purple Box), at the 1.414 Globex expansion levell above, and 1.272/1.414 expansion of prior day...
This is my trade idea for BINANCE:DOGEUSDT Everything that you need is right there on the chart. What are your thoughts about this analysis? Share them with me in the comment box. If you like my analysis, follow me for more and support my idea. Cheers!
Currently AUDUSD is rejecting a well respected trendline so we can look for buying opportunities. For target refer to the chart above.
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:NYKAA I Have been following. The stock has recently taken support at a key level 157-160 , indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position. Support Level-...
As we can see that Evening start pattern has been formed at the resistance trendline with the confluence of resistance in CADJPY on Daily timeframe so it is a high probability swing trade. Target - 109
ALT bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 0.42 is expected to happen.
It's advisable to consider investing in XAUUSD at its current price range of 2176/2173, as it signifies a promising buying opportunity. With a strategic approach, you can aim to maximize potential gains by setting take profit levels at 2210, 2220, and 2230, with further targets at 2240 and 2250. To effectively manage risk, it's prudent to implement a stop-loss...
We saw BINANCE:BTCUSDT break all time highs followed by a retracement. Currently, price has broken a bearish parallel channel and found support at a long term support trend line. Bullish divergence is also present at this level! I am expecting the bullish momentum to continue on BINANCE:BTCUSDT !
Gold price increased sharply in the past session, breaking the accumulation zone and confirming the triangle pattern and the continuation of the uptrend. Despite not being able to create an ATH in the previous session, the bulls did it this morning, the price briefly broke the 2200 level and then encountered selling pressure again. However, it is likely that the...