GBP/USD rose firmly above 1.2700 in quiet trading on Wednesday as GBP traders braced for Thursday's latest outing from the Bank of England, which is expected to hold gains yields stayed at 5.25% even as UK economic data continued to miss the target, but not so badly as to raise fears of an outright recession.
Hello everyone, today USDJPY continues to increase in price on most time frames, the trading level is currently at 158.10 and is still on the path to a new record high. Accordingly, from technical analysis, we continue to prioritize the buying strategy when the price is high above the two EMA lines and the upward trendline is still stable. My goal is to increase...
Risk Reward favourable Mid term pick it formed a Bullish Harmonic Pattern along with Supply Demand suggesting taken support at Demand Zone will bounce upside from here.. Just a view not a Reco...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Hello Traders, Today morning price went up and able to sustain above the level, i am very bullish on gold and will try to plan LONG only untill prices stays above 2336. next target - 1. 2354.62 2. 2379 3. 2386.97 and i will plan my short if price comes down to 2332.30 and takes the liquidity from the upside. like a fakeout. all the levels are mentioned in...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Jupiter has a market cap of $1.049 Billion and is ranked 69th in the cryptoverse.The volume of the asset price has seen a growth of 5% in the past 24 hours. The VM ratio of the JUP price is suggesting a consolidated trend in price. JUP token price is currently trading near $0.77 with a growth of 0.61% in the intraday session. Jup token price is currently forming...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Good morning, friends! 🌺🍬 Here are the directions for June 20th: There are no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open neutral to slightly gap-up, as indicated by GiftNifty, which shows an increase of 10 points (at 8:00 AM). Nifty Analysis Nifty and Bank Nifty structures...
Bank Nifty Analysis Bank Nifty had a solid rally, but retraced a bit in the second half. Structurally, the retracement could be sub-wave 4. Here, the market indicates a minor correction, structurally the C leg of the 4th wave. If it finds support around the 50% or 61% Fibonacci levels, then we can expect the 5th wave bounce back. However, it should break the 38%...
Key Points: USD and Bond Yields Impact: Gold prices edged lower at the start of the week, influenced by a strengthening USD and rising bond yields. Awaiting Economic Data: Investors are keenly awaiting economic data and commentary from Federal Reserve officials for clearer guidance on interest rate cuts. Price Range Forecast: In this environment, gold is...
Gold prices have surged on weaker-than-expected US retail sales and expectations of lower interest rates. Here are the key factors: Weak retail sales: US retail sales report was lower than expected, suggesting a decline in consumer spending. This raises concerns about economic growth, which could lead to economic stimulus or looser monetary policy from the...
Hello everyone! What is your opinion? In today's analysis, I will focus on the bearish price movement of this currency pair. Currently, EURUSD is trading around 1.073, continuing the downward correction wave, with support From a technical standpoint, factors such as trend lines, support and resistance levels, and EMAs 34 and 89 all favor sellers. This fits well...
Crude Oil Technical Overview: Symmetrical Triangle on Watch Timeframe: 4 Hour Pattern: Symmetrical Triangle (developing) Current Price: Above 6745 Key Levels: Bullish above 6745 Resistance: 6825 (upper trendline) Berish below Support: 6700 (lower trendline) Analysis: A symmetrical triangle appears to be forming in the crude oil market. This pattern...
My Short term View on WIF/USDT As per Chart Analysis We can See #WIF/USDT Forming LL/LH Pattern.
Symbol - NZDCHF NZDCHF is currently trading at 0.55774 I'm seeing a trading opportunity on sell side. Shorting NZDCHF pair at CMP 0.55774 I will be adding more if 0.56130 comes & will hold with SL of 0.56500 Targets I'm expecting are 0.54840 - 0.54325 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...