Everything has mentioned in the chart. Buying divergency on 4H time frame. Hammer on demand Zone Buying volume increasing Target the current supply zone. wait for price to get to the demand zone again. thank you for reading.
S&P 500 new forecast The price of SPx tries to reach the resistance line which is 5019 and 5044, because it trades under bullish pressure due to the Earnings we had Today, If the 4-hour candle closes below 4986, it could trigger a bearish trend, potentially reaching 4953 and 4907. Pivot line: 4997 Resistance Prices: 5044, 5080, 5140 Support Prices: 4954,...
// use 5mtf // i give pairs of lines colored red and blue . if you have any more conformations you can take tardes form that areas
The Nasdaq index, after its long decline, is now making a correction towards the 17230 level. chart in the 4-hour time frame, it tells us that the downtrend of the Nasdaq is confirmed and will continue to fall as long as the price is below the 17400 and 17230 levels. After the Nasdaq index reaches the 17230 level, it will reverse downward to reach the 17000...
Pair : DXY Index Description : Impulse Correction RSI - Divergence Symmetrical Triangle Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
UK100 H4 Sat on a key level of resistance, this 8000 price offer a whole/psychological number, H4 resistance and H4 demand, totalling our 3 confluences to signal. I’d love to see some price action confirmation, but often with these stock indices, it’s not worth waiting for.
According to the downward trend of the Dow Jones, we are still waiting for correction from the specified point
US30 is showing bullish divergence and it break its Last LH Plus its trendline which shows potential HH buy on CMP As last lower LH Break
Ahead of this week’s US GDP first estimate print and the PCE Price Index numbers, the US Dollar Index will likely be a watched market. Buyers remain firmly at the wheel. YTD, we are nearly +5.0%, with April on track to close higher for a fourth consecutive month, up +1.5% MTD. And from a technical standpoint, further outperformance is on the table.
Week of the 22nd April (H4) DXY: Consolidate along 106 level, look for breakout above 106.50 to get to 107.15 resistance level. NZDUSD: Sell 0.5865 SL 25 TP 60 AUDUSD: Sell 0.6440 SL 30 TP 90 USDJPY: Sell 153.60 SL 35 TP 160 (possible intervention / BoJ adjustment to rates) GBPUSD: look for reaction at 1.2340, Sell 1.2310 SL 40 TP 120 EURUSD: Sell...
DXY elliot wave update keep watch and get some Predictions
Weekend news has helped ease market-perceived geopolitical risk, and sentiment is generally supported across asset classes as the week starts. All interested parties appear to have chosen the path of downplaying the size and consequences of Friday’s Israeli strikes in Iran. Bent trading below $90/bbl signals that fears of a broader conflict in the region have...
Possible movement channels are shown in the diagram. It has approached the ceiling of the yellow channel, but before touching this ceiling, it may hit the support of the middle line of the green channel around 104. Red resistance zones around the roofs of the channels are also evident.
The dollar index moved in a triangle pattern. Last week, the market tested his upper trendline. If the market tests the upper trendline then it is 106.500 level. Another thing is there is a resistance and supply area at 107.00 level. if the market does not respect the upper trendline then further move to 107.00 level and then reject.
Efforts are underway to head off a full-blown Middle East war. What’s Happening Now: A tense calm prevailed in the Middle East after Iran’s missile and drone attack on Israel. Global markets showed signs of stability on speculation the conflict will remain contained. Iran said there wouldn’t be further attacks as long as Israel didn’t react aggressively,...
Pivot 17100.00 Our preference Long positions above 17100.00 with targets at 17400.00 & 17540.00 in extension. Alternative scenario Below 17100.00 look for further downside with 17000.00 & 16850.00 as targets. Comment A support base at 17100.00 has formed and has allowed for a temporary stabilisation. Supports and...
Daily - looks bearish, in need of a small consolidation or pullback. we are near a key area on daily i.e.** 4947.66 - 4980.52** if price holds above this level, we can observe another leg up from here (low probability). if not, then we can expect a small consolidation and then another dump on SPX this week. Origin - bearish. SPX looks bearish here too. but there...
Channel breakout + sustained above 22250. If it remain above 22250 by EOD. There might be good upward move till 22750.