Hello everyone! Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce. On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no...
Hello everyone is Samson here, today USD/JPY recovered after the loss was recorded the day before, the transaction was higher than about 147.70 in the Asian session on Tuesday. This pair of money is receiving support for price increase before the interest rate decisions from the US Federal Reserve (Fed) and the Japanese Bank (BoE). Looking at the technical...
The GBP/USD currency pair is struggling to find a price floor despite market optimism and widespread weakness in the US dollar. On the 1D chart we can see that the pair is trading in a defensive range. It is likely that this pair will reach the 1,250 USD mark. Before new behavior. It is important to remain cautious ahead of significant risks such as UK inflation...
Hello traders. Today, our expectations that NZD decreased lower yesterday did not come true because it was traded within 0.5895/0.5920. The motivation of going up is showing signs of formation, although only exploration. Today, as long as NZD maintains over 0.5895 (small support is 0.5910), it can be stronger, but it is difficult to break the main resistance...
Hello dear readers! The GBP/USD pair today continues to attract attention when below the threshold of 1,2400 for two consecutive days. The exchange rate has continued its decline from the previous day to reach a low level in three months and currently floating in the vicinity of 1,2420-1,2425, marking an increase of 0.10% when established.
Hello everyone! Today, EUR/USD is maintaining its uptrend with positive signals on Monday. The pair is receiving bullish support due to improving market sentiment and a broad-based pullback in the US Dollar. Given that the trend line remains intact as a rule we must stick to the script and aim higher. If that happens, it is likely to reach 1,073. Multiple buyers...
Hello 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...
Hello 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...
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...
Looking 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...
Today FinNifty traded between 17560-17730 range in M & W pattern which is good for option scalpers. Follow chart for proper support and resistance levels.
BANKNIFTY 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...
The 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...
buy red sell green go green/ that's all I have to say trade at your own risk this is not financial advice this is my personal opinion.
TradeGuru predictions for tomorrow Monday 14 March 2022. upside Movement 🎯
Good 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...
Good 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...
Sol at ATH range. May fly after some consolidation.