Hello dear traders! Currently, the EUR/USD is holding higher but still below the 1.0600 level in Asian trading on Wednesday. The risk-off sentiment is dominating and weighing on the US Dollar, particularly in the face of optimistic data from China. Lagarde's speech and EU/US data are being closely watched. On the 4-hour chart, the price is well supported and is...
Hello dear traders! Currently, GBP/USD continues to incur losses for the second consecutive day, trading below the level of 1.2160 in the Asian session on Wednesday. Optimistic economic data from the United States puts pressure on the currency pair. GBP/USD reversed after rising to the area of 1.2200, where the recent downtrend's resistance level is located,...
"Good morning, friends! As of October 19th, the global market sentiment is negative, as indicated by the Dow Jones. However, our market is moderately bearish. It may open with a significant gap-down. After that, the market may find support around the immediate support level, and we can expect a minor pullback (23% to 38% Fibonacci level). On the other hand, if the...
"Good morning, friends! As of October 19th, the global market sentiment is negative, as indicated by the Dow Jones. However, our market is moderately bearish. It may open with a significant gap-down. After that, the market may find support around the immediate support level, and we can expect a minor pullback (23% to 38% Fibonacci level). On the other hand, if the...
It in business of manufacturing of ERW Steel Round & Section Pipes, cold Rolled Strips & Engineering Products. -Market Cap₹ 1,359 Cr. ROCE 14.6 % -Growth YOY Revenue 24% PAT 79% -InstHold 5.78% -Breakout with 429% Relative Volume
BANKNIFTY Intraday Trade Setup For 19 Oct 2023 Sell_1- From 44270 Invalid-Above 44380 T- 44050 43850 Sell_2- Below 43860 Invalid-Above 43970 T- 43498 43200 BANKNIFTY has closed on a complete bearish note with 1.17% cut today. It opened flat and sell triggered as per trade setup below 44330 and hit almost both our targets. It made a low of 43862 and gave more...
NIFTY Intraday Trade Setup For 19 Oct 2023 Bullish-Above 19730 Invalid-Below 19680 T- 19830 19940 Bearish-Below 19650 Invalid-Above 19700 T- 19555 19435 NIFTY has closed on a complete bearish note with 0.71% cut today. It opened flat and sell triggered below 19770 as per trade setup. Trade hit our 1st target very smoothly and gave more than 100 points gain till...
Based on Elliot wave, Harmonic crab Volume 1st zone 700/685 active crab, if direct break then 665 also working as a important level. Trend is may negetive so careful
Hi every one Trade 19300 PUT every rise every week month good profit
If #Crudeoil slips below 7350, it's likely to enter a bearish zone, with the potential for consolidation between 7133 and 7350.
BTC.D formed double top with bearish divergence leads to btc fall and ALT coin will rise
ETH will rise till 1605 , supporting bullish divergence, trend line break and ethbtc is bullish, 1065 we may have chances to huge fall.
ETHBTC bullish reasons : 1. double bottam 2. RSI Divergence bearish reasons : 1. bearish shark pattern conclusion : first ethbtc will rise next most chance to take once test to have triple bottom. ETH atls some time goes up.
Hello dear friends! BTC is currently emerging as a wind when investors switched their focus into this market as a safe shelter when the market seems to be unstable. Currently, BTC is trading at 27,233 from the time of writing. It can be seen that the coin is receiving strong support from Trendline. The current environment is favorable for BTC and thus, my price...
Hello everyone! GBP/USD closed the last two trading days of the previous week in the negative zone. Although this currency pair attempted a modest recovery at the beginning of Monday, it failed to gain momentum. Technical analysis: GBP/USD maintains a slight upward trend, with prices fluctuating around 1.2168 and decreasing by 0.37% in the day. If safe-haven...
Currently, the USD/JPY pair is holding steady at 149.60 during the early European trading hours on Tuesday. The demand for the US Dollar (USD) and the recovery of US Treasury bond yields have provided some support for this currency pair. Investors are awaiting the US Retail Sales data on Tuesday for fresh impetus. The monthly figures are expected to increase by...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: SAIL 🔍 Description: Stock is in a rising channel and its around the support. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a...
Technical Analysis: Identification of a downtrend in GBP/CHF on the daily chart. Double Bottom Pattern: Recognizing a double bottom pattern, characterized by two troughs at a similar price level, indicating a potential trend reversal. Execution: Entry Point: Initiate a long position (buy) after the confirmation of the double bottom pattern. Confirmation can be...