Hello dear friends, let's explore USDJPY together! Regarding the impact of news: The US dollar (USD), up until now, is struggling to gain any meaningful traction amid speculations that the Federal Reserve (Fed) will begin an interest rate cut cycle in June, supported by US Personal Consumption Expenditures (PCE). The index on Friday. This may contribute to...
Nifty 50 Has forming the Harmonic pattern so do u r own analysis and trade . Thank U
Attempting breakout of a major supply area by forming a cup & handle pattern. Momentum picking up Once price sustains above 570 levels we can expect a 12% to 20% move Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Reliance Infra has given long awaited breakout of All moving average. Stock is now out from Stage 1 phase on Monthly chart. Stock is entering into Phase 2 of Bull market. The Ultimate target is 800% return from this level. Time frame is around 2 year from this level.
After completion of ABCD, harmonic pattern. Buying strategy will be on breakout and retest of the entry price mentioned in the chart. (562.50)
An ABCD Harmonic pattern is under formation in the Adani Port chart with a possible price reversal at 1323.90 (which also confluences at Bhoomi's first bullish target) We can have a short-side trading opportunity with the least SL on completion. Updates once the formation is validated on completion.
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 dear friends, today gold continues to hold its ground at a high level despite some slight adjustments, but overall the price increase shows no signs of cooling down. Currently, the price of gold is trading around $2250, down 150 pips from yesterday as precious metals undergo a correction after a strong surge. Looking ahead, gold continues to be supported...
Welcome, everyone! Last week was nothing short of a gold fever, as the precious metal reached unprecedented heights. Fast forward to today, gold has once again soared, hitting $2265, marking a notable increase of $25 in the early hours of Monday's trading session. This surge in gold's value is primarily driven by declining treasury bond yields and a weakening...
ETH shows short term bullish sign becoz of bullish shark. Eth will retest 3675$ and then fall to 3000$.
Dabur is good for the potential upside, you can also check our previous analysis Dabur India are:Net Sales at Rs 3,255.06 crore in December 2023 up 6.96% from Rs. 3,043.17 crore in December 2022. Quarterly Net Profit at Rs. 506.44 crore in December 2023 up 6.41% from Rs. 475.94 crore in December 2022. EBITDA stands at Rs. 795.19 crore in December 2023 up 11.89%...
I've been studying this stock for the past few months, and here is a new buy opportunity that you will regret if you do not grab it now, you can take this is swing trade... Pls check our previous analysis too which worked pretty good. Follow, like and comment for more updates
BTC formed bullish shark and its RSI reaching to oversold region. we can expect bounce till 69k then again one more correction till 64k.
GBP/USD held steady today, hovering slightly up around 1.2630 during Asian hours on Monday. The US dollar's daily losses recover somewhat amid risk aversion ahead of the release of US ISM Manufacturing PMI data expected later in the North American session, capping levels increase of this currency pair. Looking at the short-term outlook: The pair appears to be...
The EURUSD continues to maintain a price below the 1.0800 level after facing significant downward pressure last week. The current trading level is 1.078, with a slight recovery indicated by a green candle at the beginning of the week. However, this increase has yet to be confirmed as safe, as technical analysis on the daily chart shows a convergence between price...
The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a bullish trend. It might open with a slightly gap-down start, as suggested by Giftnifty, showing a -55 point. Nifty has consolidated after the gap-up in the last session. It's indicating trend continuation, but Giftnifty shows a negative bias. If...
Banknifty has also consolidated in the last session. If the market opens with a gap-down, then we can expect minor correction initially. After that, if it finds support around 23 or 38%, then we can expect consolidation for a rally continuation. On the other hand, if it breaks the fib level of 38%, then it may turn into a correction phase that will reach a minimum...
Warm greetings, beloved traders! Let's strategize for the gold market this week! Last week, gold experienced an impressive and strong upward trend, reaching its all-time high. Today, we see this precious metal surging to $2,263, marking a $31 increase in the early hours of Monday's trading session. The rise in gold is primarily driven by lower bond yields and a...