Get started

Predictions

Forecast of gold price today and forecast next timeHello everyone! Currently, gold prices are trading steady as supportive policy measures and strong business activity data from China have boosted market sentiment and dampened safe-haven demand for investors. against the US dollar, limiting the currency's recent gains. Furthermore, the stagnant sentiment surrounding US Treasury bond interest rates is also supporting gold prices without generating profits. Looking at Gold's technical picture on the 4-hour chart, we can see that strong resistance at $1,920 is holding with a possible drop to $1,900. In the near future, there could be a scenario where gold sellers break the support level to start a new downtrend towards the static support level at $1,885.
OANDA:XAUUSD
by Samson-FX
2
AUD continues to recover while still having difficulty resistancHello dear friends! Audusd continues to shine today when maintaining a significant increase and is currently trading about 0.645. Looking at the technical picture in today's 4 -hour chart, Au is receiving strong support and the next goal will be the 0.650 area. This is a strong resistance area when Au has reached the peak twice but cannot overcome, forcing Au to have a very strong motivation in the near future if he wants to overcome this resistance area. And bring many buyers to the market.
by Samson-FX
Analysis of NZD/USD market: Continuing the trend?NZD/USD reverses trend and gains momentum above 0.5920 mark following upbeat China data. China retail sales (August) increased 4.6% from 2.5% previously; Industrial production improved to 4.5% from 3.7% previously. Upbeat US data on Thursday showed the US economy remained resilient and inflation rebounded in August. In response to the data, China proxy New Zealand (NZD) attracted some buyers and acted as a tailwind for the NZD/USD pair. Looking at the technical picture of NZD/USD on the 4-hour chart, we can see that the pair is still in an uptrend. That means we will follow that trend and aim higher if that happens to potentially reach $0.5960.
by Samson-FX
USD/JPY market analysis todayLooking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains over 105.35 and is close to the highest daily store since March. Currently, this pair of money is trading around 147.45 with a slight decrease of 0.02% in today's session so it can be the motivation for gold to continue the increase in the short term.
by Samson-FX
BANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHARTBANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHART WE ARE EXPECTING THAT BANKNIFTY CAN TOUCH 40600 LEVELS WITHIN NEXT 2 OR 3 DAYS AROUND. IF BANKNIFTY FUTURE DOESN'T SUSTAINED ABOVE THESE LEVELS 40600 THAN IT CAN RETEST AGAIN 39900 LEVELS IN THE UPCOMING DAYS. ONCE IT WILL RETEST AFTER THAT WE CAN AGAIN EXPECT 42000 LEVELS IN THE MARCH EXPIRY ONCE AGAIN. (Please check our previous analysis which we have shared previously for the BankNifty, however target got achieved and analysis based trade has been closed) DISCLAIMER : ALL THE LEVELS MENTIONED ABOVE ARE JUST FOR THE EDUCATIONAL PURPOSE ONLY, PLEASE DO YOUR OWN ANALYIS BEFORE TAKING ANY TRADE IN THE LIVE MARKET OR CONNECT WITH YOUR FINANCIAL ADVISOR FOR THE CONSULTATION ABOUT FINANCIAL POINT OF VIEW.
NSE:BANKNIFTY1!
by MarkitVUE
Nifty50 Long Term AnalysisThe Nifty 50 index has corrected almost 6.5% from it's all time high and it has reached a level of 17600. It also tried to break the 200 EMA on the daily chart. The most recent fall of 600 points in three trading days was majorly due to negative news in the market. We may see a fast recovery in the coming days if there is a positive news or due to the budget. But if the negative sentiment continues then we may see a further fall till the level of 16,800 which is a swing low. If that support is broken with volumes, then the index may continue the downtrend till 15,200 which is a major support and the level from where the index started it's rally towards it's all time high. If any of the two levels are hit, it is a very good opportunity for long term investors to buy ETF's or Index mutual funds as they will be trading at a discount. Some fundamentally strong stocks may have also corrected considerably which a good opportunity for investors who prefer individual stock picking. If you got some value out of this pls consider following
NSE:NIFTY
by Shivraj_Patil_
Morning Mantra, 2nd December 2021Good Morning, Just as we have been stating in our Morning Mantra updates, similarly we can see that Nifty still seems to trade in a range bound zone. Neither is it being able to break through the stated levels of support, nor is it crossing its levels of resistance. So, it will still be suggested to stay cautious until the index gives a positive closing of above 17360. And until then, aggressive buying must be avoided. In fact, following the “Cherry Picking” strategy and staying Stock Specific will be a better idea here. To state once again, 17360 will now be a level of resistance for the Market and 16800-16700 still remains to be a crucial support zone. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 25th November 2021Good Morning, It seems like the Market is still in an indecisive mode. Even though we have seen that the index had made a high of 17600.60 approx yesterday, it was somehow very much unable to give a closing of above the levels of 17650-17700 and had finally given a closing of between our stated support levels of 17454 and 17360. Hence, just as we have stated, it is being expected that the market will somehow stay in a correction mode till the month of December. So, it will be suggested to continue staying stock specific as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Nifty 50, Elliot Wave AnalysisHi Guys, Nifty is entering in the very crucial range(10900-11200), and how it going to behave in this consolidation range is going to plot the further trace about it. But as of now, there is a clear wave pattern formation is visible on the charts correction is still pending according to Elliot Wave theory, whether it is for the 10-year long bull run(Target around 8000) or the 2-year long bull run(target around 9200), Market can't be like just go on in simply one direction. So here is the tricky part, as long as most of the people are not convinced that it is still a bull market(nowadays people are much more concern about the market crash) it won't crash. So as long as it doesn't cross 11200, 9200 is still on the table. and from here risk-reward is also much favorable. These are only my thoughts, not financial advice. Though I am certified for that. Will love to hear your thoughts.
NSE:NIFTYShort
by aman12
2