EURUSD maintained its bearish momentum on Friday and the pair formed a cup-in-hand pattern on the 1-hour chart with consolidation around 1,069. The outlook remains further bearish after the pattern completed and broke the 1,067 support level.
Topic -AXISBANK Neutral Levels and Zone Tomorrow's movement Prediction of Axis Bank Limited AXISBANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 1202.2 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Axis Bank Limited...
Topic -NIFTY-50 Neutral Levels and Zone Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 23304.93 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be...
Topic -SENSEX Neutral Levels and Zone Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be in downtrend. But this trend seems to be weakening. Price is above an important level of 31690.52 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be...
Topic -SBIN Neutral Levels and Zone Tomorrow's movement Prediction of State Bank Of India SBIN appears to be in uptrend. But this trend seems to be weakening. Price is below an important level of 837.48 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of State Bank Of India SBIN...
Topic -RELIANCE Neutral Levels and Zone Tomorrow's movement Prediction of Reliance Industries Limited RELIANCE appears to be in uptrend. But this trend seems to be weakening. Price is below an important level of 2922.94 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Reliance...
Topic -HDFCBANK Neutral Levels and Zone Tomorrow's movement Prediction of HDFC Bank Limited HDFCBANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 1604.49 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of HDFC Bank Limited...
Topic - Banknifty Neutral Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 50413.3 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK...
Hello everyone! What are your thoughts on GBPUSD today? From our chart analysis, it's evident that this currency pair is under bearish pressure. It has recently broken below the ascending trendline and is currently in a downtrend wave. Currently trading at 1.266, I believe GBPUSD might gain some short-term bullish momentum from the support around this level....
Current Trend: The 4-hour chart shows gold in a short-term uptrend. The price is above the EMA 34 and EMA 89, showing that the upward momentum is still strong. Critical Support Zone: 2,335 USD - 2,333 USD, coincident with the EMAs, acting as a strong support zone. Key Resistance: $2,387 is the resistance to watch out for. If the price breaks this level, the...
USD/JPY most likely to make a bearish move today. These are the Key Levels. #FOREX #USDJPY
At the start of the trading session on June 21st, gold prices saw an uptick, spurred by market anticipations of an impending rate cut from the U.S. Federal Reserve, following weaker-than-expected retail sales data earlier in the week. While gold may have lost some of its upward momentum, the overall market sentiment remains largely optimistic. Numerous hedge...
USD/JPY is trading near 159.00 early Friday, below its highest level since April. Japan's verbal intervention provides support for the Japanese Yen amid BoJ uncertainty over interest rate hikes and mixed national CPI data. US Dollar recovery slows ahead of key PMI data. From a purely technical standpoint, the trend is bullish across all timeframes and with the...
GBPUSD is on a downward trend, the price fell sharply late yesterday and it is currently trading around 1,266 and sellers have successfully broken the support level of 1,266. The outlook for further downside as the 34 EMA reverses remains stable. Sales strategy is prioritized.
EUR/USD took a familiar dip this Thursday, retreating to the 1.0700 mark as a lack of economic data from the US supported the Greenback. As we head into Friday, markets are set for a data-heavy series, including Purchasing Managers' Index (PMI) figures for both the EU and US The outlook remains bearish with the model The price wedge remains intact and the...
Hello Traders, Yesterday i updated the same idea and hope you took the long and made some profit. Today's analysis will be the same and all the mentioned level also. NOTE : NOT A FINANCE ADVICE
Gold price seesaws at the highest level in a fortnight early Friday, after rising the most in five weeks the previous day. That said, a successful breakout of the 50-SMA and a downward-sloping resistance line from May 20 backed the precious metal’s run-up on Thursday. Apart from that, upbeat RSI and bullish MACD signals also keep the XAUUSD buyers hopeful of...
On Wednesday, EUR/USD experienced an uptick as the U.S. markets took a mid-week holiday break. As we move into the second half of the trading week, investors are looking ahead to the Friday PMI data for meaningful insights that could steer market sentiment. Despite the recent recovery, uncertainty lingers. The pair is still facing significant resistance and a...