EURUSD’s corrective pullback remains below 21-DMA, as well as a two-week-old ascending trend line, suggesting a further downside towards the lower end of the latest range between 1.1120 and 1.0900. However, the 23.6% Fibonacci retracement (Fibo.) of February-March downside acts as an intermediate halt around 1.0980. While the bearish MACD and downward sloping RSI...
AUDUSD extends pullback from the 0.7430-40 horizontal area comprising multiple tops marked since October 2021. Given the recently steady RSI and the volatile MACD signals, not to forget Ukraine-led risk aversion and downbeat comments from RBA Governor Lowe, the upside momentum is likely to fade again. Even if the quote manages to cross the 0.7440 hurdle, the late...
EURUSD braces for the first positive week in six, despite recently drop back to a two-week-long symmetrical triangle during early Friday. Given the bullish MACD signals and firmer RSI, the major currency pair is up for crossing the aforementioned triangle’s resistance line, near 1.1105. Even so, the 200-SMA and a seven-week-old horizontal area, respectively around...
Entertainment Network After much correction, stocks seem moving now Uptrend; also volumes coming now Now again Stock testing its resistance zone of 220, seems will breakout this time Setup for only Risky players with tight SL Can buy above 220-230 levels for targets of 250/260/280 levels Keep SL of 200 on a closing basis. ---- Note: Above levels are for...
NZDUSD is in good point to move downward from here and if the war news not shift the market then we can aspect nzdusd to get bearish and hit our target of 140 pips
Despite reversing from an eight-month high, gold prices recently crossed the stated key resistance, also rallied beyond June 2021 peak. Additionally, favoring gold buyers is the metal’s ability to stay above the previous double-tops, as well as a three-week-old support line, amid bullish MACD signals. However, the RSI pullback from the overbought territory may...
AUDUSD justifies its risk-barometer status, also backed by an upbeat Aussie jobs report for January, during Thursday. The Aussie pair stays above the 50-DMA amid upbeat RSI and MACD conditions, suggesting further advances. However, the 100-DMA and a downward sloping trend line from mid-November 2021, around 0.7240-45, becomes a tough nut to crack for the pair...
EURUSD extends bounce off a 19-month low, also comprising 61.8% Fibonacci Expansion (FE) of late September 2021 to early January 2022 moves, as traders await European Central Bank (ECB) monetary policy decision. With the recently high inflation and record low Unemployment Rate in Eurozone, the policy hawks are likely to dominate, which in turn could propel the...
EURCHF is about to touch the floor of 1.03016 in the coming days but for that, we have a point to trigger 1.03831 once it touches this sealing then we can aspect eurchf to fall down to our target
Coffee Day - Weekly Chart Looks some development is happening @ this Counter Buying Small qty tomorrow morning Will add some more if get @ 15- 12- 8 I am risk Taker - if you are risk Taker then only enter.
Self explanatory chart setup . Our work is only Manage Quantity and Risk .
Upbeat Aussie jobs report and hawkish moves of the Fed, as well as the BOE, pushes RBA towards a rate hike, favoring AUDUSD prices to consolidate losses posted since late October. To convince the buyers, the Aussie pair recently confirmed an inverse head-and-shoulders bullish chart pattern with a clear upside break of 0.7180. As per the theory, the breakout...
after a continuous rally there was a pull back for past 1 month and now it has tried to break the resistance of 520. and MACD is at good level. hence can enter after it gives a breakout at 520 above and book some profits at your respective R:R ratio. Earnings results on Oct 26 will play a major role in the returns. be cautious on result day.
stock is in uptrend from last few day's. for now expecting a pull back till last structure high level then have to watch for rejection's near that level. after that only enter don't enter direct or u can also watch small timeframe action near this zone for watch.
Go long on ATGL as it has a triangle breakout.It has a very good risk reward so enter the trade as soon as possible
ITC has a breakout from triangle pattern. Go long and place your stoploss below the upper trend line of the triangle
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits. Remember there is always a risk. Here breakdown can happen in up side to continue...
SBI swing trade idea, my predictions are that it will make a new 52 weeks high but if you are a risk-averse trader exit on resistance ie target price mentioned in the chart, and if you are willing to take more risk wait for 200 days ema to cross above 50 days ema/50 days ema to close below 200 days Ema. I have shared this idea for learning purposes only take the...