Hello traders what do you think about GBPUSD? The GBPUSD pair is on sale from $ 1,240. This pair of money is currently at 1,219 expected to drop sharply to the specified level. News this week: The upcoming macro data of the United States supports the Fed's further strengthening prospects, which still supports the recent recent recovery of the US Treasury and...
Hello dear traders! What are your thoughts on USDJPY? This currency pair is currently trading steadily at 148.79. The level of 148.88 is quickly identified as a resistance level at this moment. It is expected that in the short term, this currency pair will be sold short before rising to the designated level.
Yesterday evening, the price of gold experienced a sharp drop, falling from $1,915 to $1,900 per ounce. This marks the lowest price that gold has reached in September 2023. Currently, the price has settled at $1,896 but the downward trend persists. The sudden surge in dollar value can be attributed to investor anxiety over central banks' commitment to maintaining...
Hello traders. What do you think about USD/JPY? Currently, this pair of money is trading at 148.32 USD after going up from $ 145.90. Looking at the technical picture on a 4 -hour time frame, we can see that gold is in the main trend of increasing and receiving strong support from 147.50. However, you can see that this currency has reached the resistance area. It...
Hello dear translators, today USD/JPY continues to increase stability at 148.50 USD. On the 4 -hour chart we can see, it seems that this pair of money has cooled down in the increase. Samson predicts that in the short term, this cash briefcase will have a slight decrease. Although this is only a prediction, we need to focus on Fed.
Samson extends his greetings to all of you! The value of USDJPY has been consistently rising, maintaining its upward trend and surpassing 148.00. Currently, UJ is being traded at approximately 149.025, which marks a new record high. Moreover, the Federal Reserve has indicated their potential to raise interest rates at least once within this year. This allows the...
USDJPY continues to maintain its strong position at a high level, reaching a trading threshold around the price of 149.38 USD. The DXY has risen to nearly 106.30 despite a decrease in consumer confidence in September. The United States Conference Board reported on Tuesday that consumer confidence in the US economy has declined across all age groups. Psychological...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
Hello traders, what do you think about gold? An important resistance level in the 1927 region is expected to decrease at least to the prescribed level and then increase as prescribed.
Hello dear traders, what do you think about the new week gold? It seems that in the first trading session of the week, Gold seemed not to escape the resistance of 1927 USD but still set aside to maintain the price of 1903 - 1905 USD. This week, the market will receive a series of economic data, including GDP and personal consumption index (PCE) of the United...
Hello dear traders! Currently, the gold market continues to decline after breaking the uptrend line at $1920 and trading at $1911, a decrease of about $5 compared to the morning session. It can be seen that the recovery of the USD is an important factor affecting this precious metal, causing its price to decline. On the 4-hour chart, we can see that Gold is...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (26th Sept-2023) -POSSIBILITY-1 If price breaks 1910-1907 area (i.e. Support area ) and stay below 1907 area, we will place Sell order in gold with target of 1900,1894,1884,1874 & stop loss should be placed at 1916. -POSSIBILITY-2 If price breaks 1923-1926 area (i.e. Resistance...
BankNifty Analysis For BankNifty I had a bearish view today. The day started exceedingly well with a gap down and then a fierce 479pts ~ 1.07% fall w.r.t the previous close. Just like Nifty, BankNifty also started rallying right at 10.35. BN ended up gaining 483pts ~ 1.1% and ended the day with just -35pts loss. Just like I mentioned in the Nifty analysis above,...
1750 is a key level , below this we could expect 1680 in near future
Key levels for #BankNiftyExpiry. If crosses 44780 be ready for 44980 & 45200 but levels below 44500 will lead it to 44300 & 44200.
BANKNIFTY Intraday Trade Setup For 28 Sep 2023 Bullish-Above 44670 Invalid-Below 44560 T- 45040 45270 Bearish-Below 44490 Invalid-Above 44600 T- 44200 43915 BANKNIFTY has closed on a flat note today after a huge roller coaster ride today. One more time let me just remind you all it was discussed 44500 is going to be base zone in the weekend outlook. Also it was...
NIFTY Intraday Trade Setup For 28 Sep 2023 Buy-Above 19735 Invalid-Below 19685 T- 19840 19930 Bearish-Below 19660 Bearish-Above 19710 T- 19560 19420 NIFTY has closed on a slight bullish note with 0.26% today. The weekly support discussed in the weekend outlook was 19550-19600. Today it tested 19550 and a sharp recovery was seen till 19730. Now it is ready for a...