Fundamental Analysis Gold prices regained positive momentum after yesterday’s pullback from an all-time high and continued their steady intraday gains heading into Thursday’s European session. The US dollar (USD) saw an intraday reversal from a one-week high and now appears to have stalled its recovery from its lowest since July 2023 hit the previous day. This,...
The inverse head and shoulders (also known as the “head and shoulders bottom” or “reverse head and shoulders”) is a powerful chart pattern used in technical analysis. Here’s what you need to know: Formation: The inverse head and shoulders pattern forms at the end of a downtrend. It consists of three successive troughs: The first trough (the left shoulder) occurs...
Low risk trade Stock near all time high Target 6300 Stop loss 6120 I am just representing my views For educational purpose only.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Nasdaq indicators will be released at 9:30 in a little while. Nasdaq and Bitcoin almost reached the...
EUR/USD paused its short-term rally on Tuesday, remaining hesitant above 1.1100 as traders anticipate Wednesday’s Fed meeting. EURUSD is currently trading around 1.11302 after peaking at 1.11455. If it fails to break the strong resistance at 1.11455, the price may correct towards the support level at 1.10741, before recovering back to 1.11135. The EMA 34...
MY BET ON ITC ON OCT FUT Certainly! Let’s talk about parallel channels in stock market charts. 🚩📈 A parallel channel is a powerful yet often overlooked chart pattern that combines several forms of technical analysis. It provides traders with potential points for entering and exiting trades, as well as controlling risk. Here’s what you need to know: Understanding...
USD/JPY is facing strong downward pressure, hovering around 141.56, with a downward trendline and key resistance at 142.541. The EMA 34 (141.56) and EMA 89 (142.97) are reinforcing the short-term bearish trend. If the price fails to break through this resistance, USD/JPY is likely to correct towards the support area and potentially drop further to 138.37. In...
XAUUSD is currently trading around $2,573, approaching a key resistance level at $2,587. If it fails to break through, the price may correct towards the support zone at $2,536 before a potential strong recovery. The EMA 34 ($2,557) and EMA 89 ($2,530) continue to support the uptrend, but with the RSI at 67.87, the market shows signs of being overbought,...
The residual MTNL that is defaulting on payments and getting bad name is Govt backed and a sovereign So, cant and wont sink as a PSU Now, listen to Modi ji and invest.
Weak chart structure Stock below all its moving averages Target 2800 Stop loss 2970 I am just representing my views For educational purpose only.
The chart for United Breweries on the daily timeframe shows a bullish trend forming with the price currently at ₹2124.15. The price has recently broken through resistance (around ₹2100-₹2120), following a symmetrical triangle pattern, suggesting a potential breakout to the upside. The stock has respected the rising trendline for support. The RSI is at 61.91,...
HAL can be bought at this level with strict sl around 4055 4065 levels for target of 4250 +++ 4450+++ and 5-6 month target of 4700++
Expecting eurusd short as per 4hr high liquidity taken
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline...
Netweb Technologies has been under the radar lately, with its stock showing price action that could lead to an exciting move. After hitting an all-time high, the stock went into a consolidation phase, but several technical signals suggest it might be preparing for a breakout. Let’s dive deeper into what’s happening and why this stock could be on the verge of a...
Silver breaking up higher and higher. Moving faster caught it faster
Moving and moving and again moving upwardssss where it is going to take....
Reason for Bullish USDJPY Correlation In fact, what drives the USD/JPY pair the most is monetary policy divergence between the Fed and the BoJ and risk sentiment. In normal times, when there's risk on sentiment you can see the USD/JPY appreciating all else being equal, while during risk off flows you can see the JPY gaining strength.