Hello everyone, what are your thoughts on the recent developments in USDJPY? Currently, the USD/JPY pair is showing a significant upward trend due to a substantial interest rate differential between the United States and Japan. With the Federal Reserve setting the Federal Fund Rate at 5.25%-5.50% and the Bank of Japan maintaining near-zero interest rates at...
As per analysis the fall may continue and will come to marked line in coming month .
Like always the chart should tell you everything you need to know about Motherson. Now for the readers, here are some pointers: - The price broke a structure in June to rally about 20% - Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance. - The 100 rupee mark is also a strong psychological resistance for...
Hello everyone, after the first two sessions of the week falling by about 90 USD/ounce, the world gold price has recovered slightly and shown that the support threshold of 2,300 USD/ounce is quite solid, raising the belief that the recent decline is Buying opportunity for long-term investors. Gold prices remain high due to concerns about instability in the Middle...
Hello dear friends, during today's Asian trading session, the EUR/USD exchange rate has fluctuated around the psychological level of 1.0700. The pair's modest growth was supported by weakness in the US Dollar. From a technical analysis perspective, this pair is stable and moving in an upward channel. The next target for the buying strategy is towards the 1.073...
Hello dear friends. Today, gold is starting to increase again as the Bull side successfully maintains a high price above the support level of 2300 USD. As a result, gold has gained nearly 150 pips compared to the same time yesterday and is moving around the two EMA lines of 34 and 89 at a level of 2335 USD. The short-term trendline continues to favor the buying...
Hello everyone, what are your thoughts on the current situation of EURUSD? This currency pair is currently trading steadily around 1.070, and the recovery process continues until Friday, making last week completely favorable for buyers. From the daily chart, the price has reached the sensitive Fibonacci retracement level of 0.618, which is significant at this...
Bank Nifty slightly differs from the sup-wave count. Even if it rejects around the supply zone, initially, we can expect only a minor correction, which may reach the 23 to 38% fib level. If it finds support there, then we can expect a range market. Alternatively, if it breaks the 38% fib level, then it may turn into a correction. Here also, the probability is very...
"Good morning, friends! Here are the directions for April 26th: There have been no significant changes in the global market trend. It remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. Nifty showed a solid pullback structure in the last session, so structurally, there will be no big...
BANKNIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 48650 Invalid-Below 48540 T- 48250 Bearish-Below 48050 Invalid-Above 48160 T- 47550 BANKNIFTY has closed on a bullish note with 0.63% gain today. It opened with a big gap down of 400 points and then recovered immediately and ended closing near day high. Seeing today's daily candle if index flat...
NIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22450 Invalid-Above 22500 T- 22295 NIFTY has closed on a bold bullish note today with 0.75% gain. It is a bold candle as it gaped down 85 points and then recovered till 22625. Tomorrow is likely to be bullish day. Broadly we are still trading between this...
#BTC/USDT chances to move 3 direction : 1. CHACNCE to form bearish shark after retest 60k 2. consolidation near 62500 and move to 72500$ 3. if lost 59200$ support, it will fall down to 53k level with 10 to 15% correction
Symbol - NZDUSD NZDUSD is currently trading at 0.58750 I'm seeing a trading opportunity on buy side. Buying NZDUSD pair at CMP 0.58750 I will be adding more if 0.58000 comes & will hold with SL of 0.56600 Targets I'm expecting are 0.59650 - 0.60500 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
SUI has a market cap of $1.71 Billion and is ranked 61st in the CMC. The current volume-to-market cap ratio for the asset price suggests a consolidation in the trend. It is currently trading near the value of $1.33, with a drop of 2.45% in the intraday session. The asset price has recently given a breakdown below the upside parallel channel. If this trend...
Long and hold, reverse crash coming. Results great, chart ready to send. Nifty also ready with banknifty for a big rally.
Hi everybody! After rising above the 1.2450 level during the Asian session on Wednesday, GBP/USD failed to maintain momentum and fell below this mark. However, according to short-term technical analysis, the pair remains in a favorable position as long as the 1.2400 support level remains in place. The weakness of the US Dollar (USD) has become the driving force...
Prepare for an attractive short-term gold trading strategy! According to the current chart, gold is trading around $2,322 and remains in a downtrend. Strong resistance has been established at around $2,330, where gold has failed to break through three times, indicating seller control over the price. This downtrend continues to be stable and reliable. Our...
SHAKTIPUMP :- Above breakout line it can do well Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price...