Get started

[b]forex

Chambal Fertilizers & Chemicals LimitedBuy above 550 All important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:CHAMBLFERTLong
by sreekumars
Gold "Cools Down" After a Hot RallyHello everyone. Let’s analyze today’s gold price together! Gold prices have slightly decreased today, pausing after gaining more than 1% in the previous session. The upward momentum of gold appears to be stalling, and the market is now "waiting" for U.S. labor data and speeches from several Federal Reserve (Fed) officials to gain more insight into the agency's policy stance. Looking at the technical chart, selling pressure on gold is steadily increasing. Gold is fluctuating around $2,655 per ounce and showing signs of weakening. Support at $2,647, which was once expected to be a strong point for gold's recovery, has now become fragile. The 34 and 89 EMAs are forming a significant barrier, preventing gold from rising. In fact, the possibility of gold breaking below the $2,647 support level and dropping further in the short term is entirely plausible. Gold prices are currently in a tug of war with many influencing factors. What do you think about today’s gold price?
OANDA:XAUUSD
by Alisa_Rokosz
Exide IndustriesBuy above 515. All important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:EXIDEINDLong
by sreekumars
HCL TechnologiesBreakout at 1830 will create new highs. Positive candle closing above 1830 will be a buy Target will be 1899. All important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:HCLTECHLong
by sreekumars
Continued Bullishness in Ascending Channel PatternThe USD/JPY chart is currently tracking a clear bullish channel, with repeated bounces after each minor correction. Having just touched the lower boundary of the channel, the pair has shown signs of recovery, breaking above the nearest resistance level. This makes me confident in the possibility of a continuation of the bullish momentum, especially since the EMAs (34 and 89) are also starting to show an upward crossover, supporting the uptrend.
by Alexander_FXTrading
The Dollar Takes the Lead, Euro StrugglesHello everyone! Let's discuss the movements of the EUR/USD pair today! EUR/USD continues its downward slide today, dropping for three consecutive weeks as the USD strengthens. Investor sentiment has shifted towards safe-haven assets after Fed Chairman Powell's hawkish remarks and escalating tensions in the Middle East. This has put pressure on the Euro. Technical analysis suggests that if EUR/USD holds the support level at 1.101, the pair could potentially rebound and test the resistance level of 1.118. However, given the current geopolitical tensions, the likelihood of EUR/USD breaking through this resistance and maintaining an upward momentum is quite limited. On the other hand, if it fails to surpass 1.118, EUR/USD may reverse and even break below the support level of 1.101. What an unexpected day! This is Alisa's take, what about yours?
by Alisa_Rokosz
Iran Attacks Israel, Investors Flock to GoldHello everyone, it’s Alisa here again. I’m happy to share with you today’s gold price updates. Today, gold prices have unexpectedly surged after a period of "rest," driven by safe-haven demand amid concerns over escalating tensions in the Middle East, following Iran's launch of a series of ballistic missiles at Israel in retaliation for Israel's campaign against Hezbollah. This event has caused investor sentiment to panic, leading them to rush towards safe-haven assets like gold, pushing the precious metal to new highs Technical analysis shows that the upward trend in gold is still being maintained. With solid support at 2,630, the precious metal has the potential to gain new momentum. If it can break through the key resistance level of 2,666, gold will open the opportunity to set new highs and continue its strong upward momentum in the What do you think, how will gold prices fluctuate today?
OANDA:XAUUSD
by Alisa_Rokosz
EUR/USD Breakout Towards 1.1300Currently, EUR/USD is in a consolidation phase after a recent rally. The price is fluctuating between support at 1.10835 and resistance at 1.12106. The price has broken below the 34 EMA and is testing lower levels, indicating a short-term bearish trend. Technically, key support is at 1.10835, representing the recent low. Resistance is at 1.12106, marking the nearest high. A breakout scenario may occur around the 1.11438 region. If the price breaks through this level and continues past resistance at 1.12106, there is a high chance of a strong rally up to 1.1300. Recently released inflation data will significantly impact EUR/USD. If inflation comes in higher than expected, it could support the Euro's rise.
Long
by Romio_pro
USD/JPY: Strong Recovery, Breaks Through the 144.0 LevelHello everyone! Today, let's analyze the movements of the USD/JPY currency pair! The USD/JPY pair is showing signs of a strong recovery. After dropping to a near two-week low at 141.65, the pair has been consistently rising over the past two days and has broken through the 144.0 level. This price increase is driven by several supporting factors, indicating that the US dollar is currently prevailing over the Japanese yen. On the technical chart, there is a confluence of the 34 and 89 EMAs, with support at the 143.328 level, and the price is in an upward trend. Additionally, since a peak has not yet been established, it further strengthens the bullish momentum, favoring buyers. With the current upward momentum, the price is likely to continue breaking through to the next resistance levels. Investors might consider opening buy positions to seize this opportunity. Alisa has set her target as analyzed. What about you?
by Alisa_Rokosz
2
USDJPY: Recovery remains elusive below 146.30On Tuesday morning, USDJPY gained momentum, continuing its recovery from a support level that had been holding for two months. It’s getting closer to the 200-Exponential Moving Average (EMA) while still within a bearish trend that started in early August. This rise reflects the US Dollar's bounce after Fed Chair Jerome Powell eased expectations for two more 0.50% rate cuts from the Federal Reserve in 2024. However, traders look forward to upcoming US employment data and Japanese reports to see how the market will move. Bulls flex muscles for a long road ahead… In addition to bouncing off the two-month support zone, an upward trend in the RSI (14) and a potential bullish crossover on the MACD are boosting the USDJPY's rise toward the key EMA. However, the ongoing bearish trend channel and differing monetary policies between the Bank of Japan (BoJ) and the US Federal Reserve (Fed) could create challenges for the bulls. Key technical levels to watch… In the short term, the 200-EMA around 144.75 and the upper line of the bearish channel near 146.30 are significant hurdles for USDJPY buyers. If they push past these levels, the pair could rise toward the mid-August high around 149.40 and possibly hit the 150.00 mark. It's important to note that the 152.00 level seems to be the last stronghold for Yen sellers. On the flip side, the horizontal support area between 141.75 and 141.65 offers some stability for USDJPY in the short term, protecting it from a drop toward the monthly low and the bottom of the bearish channel near 139.55 and 138.75. If the pair breaks below 138.75, the mid-2023 low of around 137.20 may serve as the final defense for buyers. The road toward the north appears long and bumpy While technical indicators hint at a potential recovery for USDJPY, the underlying fundamentals pose challenges for a sustained bullish move. Buyers should be cautious before making large investments.
by MTradingGlobal
Is this the end of gold's price rally?Hello everyone, today let's analyze the price movement of gold together! Will gold rise or fall? After a historic price increase driven by the U.S. monetary easing policy and escalating tensions in the Middle East, gold prices have dropped today. The reason is the recovery of the U.S. dollar and the more cautious sentiment among investors following gold's continuous upward trend. Looking at the technical chart, the fact that the EMA 34 line is below and the price has broken through the support level of 2,645 are strong signals confirming the downward trend of gold. Traders can take advantage of this opportunity to open sell positions, aiming to take profit as the price continues to fall. However, it is important to set stop-loss orders to manage risk effectively. These are Alisa's thoughts. What about you, do you agree with me?
OANDA:XAUUSD
by Alisa_Rokosz
GBP/USD: Break $1.34277 or Pull Back to $1.33605?The GBP/USD chart on September 30th paints a dramatic scenario as the price hovers around $1.34090, preparing to confront the strong resistance at $1.34277. This is the "wall" that if the buyers can overcome, a new journey toward higher peaks will begin. However, the battle won’t be easy. If the price is rejected at resistance, a correction toward the support zone at $1.33605 could happen, giving the sellers the advantage. With support from the EMA 34 at $1.33816 and EMA 89 at $1.33378, the price might find stability. What heightens the market's tension now is the influx of economic news from the U.S. Traders are anxiously awaiting key factors that will determine whether GBP/USD will see a spectacular breakout or a retracement. All will be revealed in the coming sessions!
Long
by Romio_pro
ETHUSDT today ETH is currently trading at 2,633.61 USDT, showing a slight pullback. The chart presents a key resistance level at 2,701.53 USDT and a significant support zone around 2,574.43 USDT. Possible Scenarios: Bearish Rejection (Red Path): If ETH fails to break the resistance at 2,701.53 USDT, it could see a drop towards the support level of 2,574.43 USDT. Bullish Breakout (Blue Path): Should ETH break above 2,701.53 USDT, a further upward move could be expected, indicating a continuation of the bullish trend. Trading Strategy: Bearish: Short positions could be considered if ETH fails at resistance, targeting the 2,574.43 USDT support zone. Bullish: Long positions can be taken if ETH breaks above 2,701.53 USDT, targeting higher levels. Traders should monitor the resistance and support levels closely to catch potential market moves.
by Suyouu
Bitcoin: BTCUSD tests 7-Week uptrend as September wraps upAfter three weeks of gains, Bitcoin (BTCUSD) kicks off the NFP week on a down note. It’s testing the 50-SMA support and approaching the lower end of its seven-week uptrend. Along with the US employment report for September, including the key Nonfarm Payrolls (NFP), Monday's speech by Federal Reserve Chairman Jerome Powell will be crucial for market watchers. Stay tuned! Buyers are struggling to gain traction, while sellers are still holding back Whether it's pre-event nerves or month-end consolidation, Bitcoin buyers are struggling to gain market acceptance as the key week begins. Bearish MACD signals and the price's inability to hold above the 61.8% Fibonacci retracement from July to August are tempting short-term sellers. However, a quick drop in the RSI (14) and strong support levels below make it tough for bears to regain control. Technical levels to watch In the short term, the bottom of the bullish channel around $64,050 is a key support level for potential sellers. Below that, the 200-SMA near the $60,000 mark acts as the last line of defense for buyers. If Bitcoin (BTCUSD) falls below $60,000, a gradual decline toward the monthly low around $52,500 could be on the horizon. For a rebound, Bitcoin needs to break past the 61.8% Fibonacci retracement level at about $65,650. If successful, the monthly high of $66,500 and the upper boundary of the bullish channel around $68,900 will attract buyers. If Bitcoin moves past $68,900, it could quickly surpass $70,000 and aim for the yearly high of around $73,800 set in March. Pullback in prices expected Looking ahead, a potential bounce in the US Dollar and some price consolidation could lead to a pullback in BTCUSD. However, the overall bullish trend is likely to continue.
BITSTAMP:BTCUSD
by MTradingGlobal
The New Week Begins with Positive Signals for EUR/USDHello everyone. Let’s take a look at the movement of the EUR/USD pair in this Monday morning trading session. The EUR/USD pair opened the new week at 1.1159, indicating an upward trend. The weakening of the US dollar, driven by expectations of the Fed easing monetary policy, has supported the Euro’s rise. Additionally, recent economic data from the Eurozone has also shown positive signs. The currency pair is displaying an upward trend within a price channel. With solid support at 1.115, breaking through the resistance level at 1.120 will confirm the uptrend and open opportunities for higher price targets. Once the old resistance level is broken, it will become new support, reinforcing the upward momentum. What about you? What are your targets for EUR/USD in the near future? Share your thoughts with me!
by Alisa_Rokosz
Gold Pauses After a Strong Rally: Will It Reverse?Hello everyone! Another new week has arrived. Today, let’s join Alisa in analyzing the movements of gold prices! After hitting several consecutive peaks, the gold market has slightly adjusted today, indicating that investor sentiment is becoming more cautious. However, upcoming important economic data, such as the jobs report and the Fed Chairman’s speech, could quickly change the situation. The technical chart shows gold prices fluctuating around 2,653. The support level at 2,645 is playing a crucial role in maintaining the uptrend of this precious metal. If gold can break through the resistance level of 2,663 USD, buying pressure may increase, opening up the opportunity for another price surge. However, investor sentiment remains cautious amid unexpected market volatility. This is my assessment. What about you? What are your thoughts on gold prices this week?
OANDA:XAUUSD
by Alisa_Rokosz
USD/JPY: Break Through $143.593 or Face a Deep Correction?The USD/JPY chart reveals an intense battle between buyers and sellers as the price hovers around $142.215. The support level at $141.682 acts as the final "shield" against any deeper declines. The current focus is on the key resistance at $143.593. If USD/JPY can break through this level, the path to $146.010 will open, offering a chance to reach new highs. However, if buyers fail to maintain momentum and the price falls below the $141.669 support, the pair may face a strong correction, pushing the market into a high-risk zone. Crucially, major economic news from Japan and unexpected moves from the BoJ will be decisive factors, with the potential to shift the course of this battle at any moment. Will USD/JPY rise to the challenge or retreat under market pressure?
Long
by Romio_pro
1
EURUSD Fluctuates, Downside Risks Increase!Hello everyone, today let's take a moment to reflect on the movements of EURUSD. Will it rise or fall? Here are some detailed insights and analysis from Alisa regarding this currency pair. Currently, the uptrend of EURUSD has weakened, with the price fluctuating at 1.1159, down 0.15%. With the upcoming Fed meeting, the market is very cautious. If the Fed signals an interest rate hike, this could put pressure on the Euro and push the pair lower. Looking at the chart, the trend seems to be shifting to a sideways move and possibly a decline. With support at 1.114, the pair will test resistance at 1.119. If it fails to break this resistance, the pair is likely to drop further. That’s my analysis, what do you think?
by Alisa_Rokosz
Gold Pauses After a Hot Rally, but the Outlook Remains PositiveHello everyone! How are you all doing today? Let's analyze today's gold movements together! The gold market is going through a correction phase after a hot rally. Technical selling pressure has emerged as some investors are concerned about a potential price adjustment. However, with ongoing support from geopolitical factors and monetary policies, gold is still forecasted to continue growing in the near future. Looking at the technical chart, gold is still trading steadily within an upward price channel. With support at 2560 and resistance at 2670, there is a high likelihood that gold will continue testing this resistance level. If gold successfully breaks the 2670 resistance, we can expect an even stronger rally towards the next targets. What do you think?
OANDA:XAUUSD
by Alisa_Rokosz
SONACOMS (TF|W|) Bullish view .SONACOMS stock analysis Potential breakout opportunity Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price. CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. VOLUME BUILDUP: volume buildup near the breakout zone . Increased trading volume is a positive indicator, suggesting more interest in stock and potential momentum
NSE:SONACOMSLong
by fzxzz