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EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD Here’s a detailed description for today’s bullish view in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bulls Maintain Momentum | Dollar Weakens"* #### **Market Context** *"EUR/USD extends its recovery for another session, supported by a softer U.S. dollar. Optimism around potential dovish Fed commentary and improving Eurozone data lifts the pair. Traders are eyeing key economic releases for further direction."* #### **Technical Analysis** *"Today's buy view is supported by key bullish signals: - **Trend Structure**: Higher lows and higher highs suggest an uptrend continuation. - **EMA Dynamics**: Price holds above the 20 and 50 EMAs, signaling sustained buying interest. - **RSI**: Rising above 55, indicating strengthening bullish momentum. - **MACD**: Positive histogram bars are widening, reinforcing the upward bias. **Key Levels**: - **Resistance**: 1.0630 (immediate), 1.0655 (critical level). - **Support**: 1.0600 (intraday), 1.0585 (key level). A break below 1.0585 would weaken the bullish outlook."* #### **News Context** *"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are pivotal events. Previous: A dip in U.S. Treasury yields and weak dollar sentiment support EUR/USD gains."* #### **Call to Action** *"Will EUR/USD break key resistance levels, or will sellers regain control? Share your views and trading setups below!"* --- Let me know if there’s anything you’d like to adjust!
Long
by RBSBALA
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD Here’s a detailed description for today’s bullish view in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bulls Maintain Momentum | Dollar Weakens"* #### **Market Context** *"EUR/USD extends its recovery for another session, supported by a softer U.S. dollar. Optimism around potential dovish Fed commentary and improving Eurozone data lifts the pair. Traders are eyeing key economic releases for further direction."* #### **Technical Analysis** *"Today's buy view is supported by key bullish signals: - **Trend Structure**: Higher lows and higher highs suggest an uptrend continuation. - **EMA Dynamics**: Price holds above the 20 and 50 EMAs, signaling sustained buying interest. - **RSI**: Rising above 55, indicating strengthening bullish momentum. - **MACD**: Positive histogram bars are widening, reinforcing the upward bias. **Key Levels**: - **Resistance**: 1.0630 (immediate), 1.0655 (critical level). - **Support**: 1.0600 (intraday), 1.0585 (key level). A break below 1.0585 would weaken the bullish outlook."* #### **News Context** *"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are pivotal events. Previous: A dip in U.S. Treasury yields and weak dollar sentiment support EUR/USD gains."* #### **Call to Action** *"Will EUR/USD break key resistance levels, or will sellers regain control? Share your views and trading setups below!"* --- Let me know if there’s anything you’d like to adjust!
Long
by RBSBALA
HDFCBANK - Now under Sellers' controlChart is self explanatory Each time when the price is trading below 1765 levels, these sellers pushed it deep down. Target area being 1670, 1620 and 1600.. Lets see how strong this seller is this time I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:HDFCBANKShort
by Murthy_Santhosh
22
Double Bottom Alert: NIFTY 50’s Turning Point? The NIFTY 50 is approaching a crucial technical zone, hinting at a potential reversal with a double bottom formation in play. Will the bulls seize this opportunity to rally, or will the bears maintain their grip? Key Points: 1. Resistance Zones: - 23,758.05 - 23,647.05 - 23,570.60 - 23,458.50 2. Support Levels: - 23,268.75 - 23,153.60 - 23,037.15 3. Current Setup: The NIFTY 50 is hovering near a critical double bottom area, a historically strong reversal pattern if validated. The price action suggests a cautious optimism, with significant resistance levels overhead. A breach of these levels could signal a breakout, while a failure to hold support may lead to further downside. How to Trade This: - Bullish Strategy: Enter long above 23,458.50, targeting 23,647.05 and 23,758.05. Use 23,268.75 as a stop-loss. - Bearish Strategy: Enter short below 23,153.60, aiming for 23,037.15 and 22,900. Place a stop-loss above 23,268.75. Bottom Line: The double bottom pattern indicates a potential turning point for NIFTY 50. However, confirmation of a breakout above resistance is key for bullish momentum. Watch the support zone closely for invalidation signals. NSE:NIFTY Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:NIFTY
by thetradeforecast
PERSISTENT SYSTEMS LIMITED - A GOOD BUY ON MY PERFECT SETUP RULEName :- Persistent Systems Ltd. (NSE) Present Status (Fisher Transform Indicator):- 3M Up 1M Up 1W Down like KOL 1D Down like FFHTSI 4H Fisher 2 Bottom LOGIC = Question for recommendation and Answer of the same. Present Chart – 4H Chart with Fisher and TSI Question 1: Has 2Bottom / Higher Low Fisher trigger next time frame Fisher positive Cross at Bottom? Answer 1: Yes, 4H Fisher 2 Bottom trigger 1D Fisher positive Cross. Question 2: Is this support for next time frame? Answer 2: Yes, Since 3Month & 1Month Fisher (Long term trend) are up and fall target (Support) almost met at 1W KOL, 1D FFHTSI and 4H 2Bottom Fisher. Question 3: Is this support for next time frame? Answer 3: Yes, Since 3Month & 1Month Fisher (Long term trend) are up and fall target (Support) almost met at 1W KOL, 1D FFHTSI and 4H 2Bottom Fisher. Question 4: Has 3M and 1M reached Top? Answer 4: No, there is still up move on the cards. Question 5: What was SUPPORT ? Answer 5: Answer at Q. No 3. Question 6: What will be Up side target (Resistance) ? Answer 6: Resistance will be 4H extreme Top Fisher and TSI Top. (From extreme Bottom to extreme Top 4H Fisher and TSI also to Top. 1Day Fisher like 2 Top. Question 7: Is this stock near 52 Week High (Strong)? Answer 7: Yes, near 52 Week high. Please Check Data of 52 Week high from site. Question 8: When this recommendation will fail ? Answer 8: It will fail only when there is simultaneous 1Week TSI and 1M Fisher negative crossover. In this case 1Day Fisher will fall below 0 and 1Day TSI will fall near 0. In brief, when 1M Fisher turn negative. Question 9: If situation in Question No. 8 meets, will this trend turn negative ? Answer 9: No, It will require a lot of efforts to turn 3Month Fisher Down and will take weeks of time to turn 3Month Fisher Down unless 3Month itself would be at extreme Up in Fisher. ANY CHART PATTERN – Falling Wedge as well as FLAG pattern on 4H Price Chart. Reference – As I can not use 1M 1W and 1D Chart in this box (PUBLISH), therefore would request you to check what I have stated above for reference and understanding. Only 4H Chart is published due to this reason. Abbreviations used by me in my PUBLISH – Time Frames – 1M (1 Month Interval), 1W (1 Week Interval), 1D (1 Day Interval), 4H (4 Hour Interval) 1H (1 Hour Interval) 15M (15 Minute) 5M (5 Minute Interval). Fisher – Fisher Transform (An indicator) TSI – True Strength Index (An indicator) KOL – Kiss of Love – True Strength Line falling and touch Signal Line down KOD – Kiss of Death - True Strength Line rising and touch Signal Line up side FFHTSI – It is a phenomenon where Fisher rise far above 0 (Top) while TSI rise upto only 0 – little more or little less. So, Fisher rise to full lenghth and TSI rise only half of the full length i.e. Bottom to Top. It is called Full Fisher Half TSI due to its characteristic. Bottom – When an indicator reach far below 0 Top – When an indicator reach far above 0 Do It Yourself (DIY) There are lots of other Shares exhibiting these types of patterns, but it takes a lot of time to analyse each and every stocks. With above logic, you may analyse other shares: In order to fit above analysis, 3Month and 1Month Fisher should be UP and not at extreme top (because that is a warning signal, for example NIFTY Chart on 1st October 2024 where all indicators turned down from extreme TOP – Please see for reference what I mean by Top in NIFTY. Have a look at Nifty 01-10-2024 Fisher 3M 1M 1W 1D Charts and believe me you will learn a lot simply by this NIFTY Chart to understand what is Top to exit from position). Disclaimer: This is for informational purposes only, not financial advice. Trade at your own risk. I am not a SEBI Registered Research Analyst.
NSE:PERSISTENTLong
by MishraAnuradhaNavin
Nifty Trading Strategy for 13th January 2025Nifty Trading Strategy Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 23,577. Targets: 23,630, 23,680, 23,720 Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 23,340. Targets: 23,297, 23,240, 23,180 Disclaimer: I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
Bitcoin near Cycle Top ? Or is it really different this time ?I am a man that likes to look at Both sides of a Story, even more so when it involves trading with with large or small amounts of money And I am even more carious with Bitcoin this Cycle. The Adoption of Corporations that can Buy and amass large amounts of Bitcoin is Highly likely to change how Bitcoin works. So many "Experts" deny this. And the proof that this is or not happening, is simply by looking at the Price Action, past and present. That is what I do almost everyday since 2015 and charting it here on TV for the last 6 years. And I have found THIS last night. And I have to show you and explain this. ** The Figures in the Logarithmic chart below are approximate and yet near enough to accurately reflect the idea I am about to present. This chart is Bitcoin PA since The LOW of November 2009 From that Low to cycle ATH is A and the same principle is applied to the following Cycle Low to ATH. The Data shown is the % difference between a cycle Low to Cycle High as compared to the previous cycle. For example. Cycle B was 95.8% smaller than Cycle A As we can easily see, as BTC increases in price, it becomes harder to make PA move higher. More money is required and so that "ATH point" Arc becomes Flatter each cycle. As a result, the Negative % difference is reduced each time. And we are near that ball park now in 2025 at - 73.2% The average of the previous 3 cycles is - 84.7 % - the first was an exceptional year and so if we remove that, we have an average of - 79,1 % But I am looking at the simple fact that we went from - 80.1 % to - 78.2 % in 2 cycles, that are in a channel that PA has been in ever since 2014 ATH. ( I have explained this channel in other posts ) That is a - 2.1 % change and so if we apply that to the previous -78.2 %, we may expect a final figure of - 76.1 % This still Gives PA some room to move before a final ATH - POSSIBLY Some are Expecting a 200K figure for this cycle ATH. If that happens, it would destroy this pattern and be a -40% difference to the previous cycle. What is VERY important to understand here is that, if we do make it over 120K, it does begin to make things Different. And the higher we go, the Bigger that difference to the Pattern we all now accept as the default 4 year cycle. So, in conclusion, there is a very real possibility that we have reached cycle Top, or very near, in 3 years. We did this in 2021 with a March ATH but we all now know, we went to November 2021 before the final ATH was reached, sticking to the 4 cycle and Keeping that % Different model explained above. If that happens again, we will not see another ATH till later in 2025 and even then, it will not be a lot greater than the last, repeating what happened in 2021. BUT - we do not know the impact of Corporate usage yet. Should this drive us over and beyond the 120K Mark,Things Will be different and then, referring to the past could be prone to error. THAT would be True Price discovery. This is all numerical FACT as can be seen on the chart My personnel opinion is that we do have more to come this cycle but maybe not till later in the year. It depends on market sentiment and that is likely to be Cool if the USA FED refuses to lower interest rates further this year, The First FED meeting of the year is 28 29 Jan We may be near a "Classic" cycle Top, and we may well be on the edge of creating a New Cycle pattern We may not. Only Time will tell and YOU need to make plans for Either reality Trade Safe, be cautious and LOVE LIFE
CRYPTO:BTCUSD
by Orriginal
1
Gold Trading Strategy for 13th January 2025Gold Trading Strategy Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 2700. Targets: 2708, 2715, 2723 Sell Strategy: Entry Point: Sell below the low of the 1-hour candle that closes below 2677. Targets: 2664, 2655, 2643 Disclaimer: This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
OANDA:XAUUSD
by ramkkyy