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EURUSD next move (1 week Prediction) with one hour chartAs per previous chart history, EURUSD can move according to the points as mentioned below: Short below @1.02600 Local Support Line @1.00980 Major Support Line @0.99000 below this blood bath in EURUSD but if reversal then these support lines (Local, Major) will work as resistances. Long above 1.03100 TP1 @1.03300 TP2 @1.03800 TP3 @1.04100 These are my calculations and not investment advice. Do you own research below putting any trade because market is very volatile.
by ForexTrader4all
GOLD H1HI GUYS, i hope all of us diong very well gold h1 chart update last few days we are posting chart analysis its hit ratio alomst 99%,we analysis the market move after move very closely every day , we are using pure price action and fundamental ,use this information wisley more accuracy on your trading bullish targets 1757,1753 this zone HOLDING above the price next target open on 1767 1771,1767 this zone HOLDING above the price next targets open on 1780 bearish targets 1757,1753 this zone HOLDING below the price next target open on 1757 1757,1753 this zone HOLDING below the price next target open on 1747 thank you so much... guys use this informtion wisley
OANDA:XAUUSDShort
by Forextamil
GOLD H1hi guys , i hope all of us diong well now quick update on today market contition down side on swing range 1770,1767 this price fakeout and holding above market will move on next target 1783.1770,1767 price break and holding below this price then open on next target 1756 .up side on swing range 1782 ,1786 break and hold above this price then open next target 1801 ,or 1782,1786 fake out and holding below this price net target 1770 other wise low volallity market moves on choopy side ways .
OANDA:XAUUSDShort
by Forextamil
EWT - MCX Zinc Is Ready For Its Final Impulse MCX zinc has been forming the corrective structure in descending channel for more than 28 weeks. The ending point of impulse was 383.55 . At present, MCX zinc has accomplished the corrective wave ((B)) and started forming sub-waves of the impulsive wave (C). Price has completed 78.6% retracement, where wave A = C at 217 . Zinc has accomplished wave (4) of wave ((C)). Wave ((C)) retraced 61.8% of wave ((A)). Zinc is trading below 50-day EMA , and RSI is above 30 . Zinc will try to test the price hurdle of 267 , so traders can sell zinc nearby 267 for the following targets: 252.6 - 246 - 244. Target measurement using the Fibonacci relationship: Wave (5) of wave ((C)) can end near 161.8% reverse Fibonacci retracement. Wave ((C)) can occur near 100% extension at 217 , where wave A = C . Wave ((C)) can cease to exit at the lower band of the parallel channel. I will update further information soon.
MCX:ZINC1!Short
by forextidings
1
EWT - Is EICHERMOT Forming Wave (5) Of Its WaveCycle?Timeframe: Daily NSE EICHER motors have accomplished the corrective wave (4) and started forming impulsive waves (5). The price is currently forming sub-waves of the impulsive waves (5). Wave (2) was a sharp zigzag, so wave (4) formed the choppy structure triangle. Since wave (3) was an extensive wave, we cannot expect wave (5) to extend with a high probability. Eicher motors have given a good breakout and broken out wave 2 of the triangle and impulsive wave (3). If the price sustains above 3790 , traders can trade for the following targets: 3948 -3992 - 4030+ . I will update further information soon.
NSE:EICHERMOT
by forextidings
2
MCX Gold Elliott Wave Projection For July 2022Gold has accomplished the final correction wave (Y) of wave ((B)) and has begun to form sub-waves of the corrective wave ((C)). Currently, the price is at 100 EMA & the lower band of the parallel channel. It appears that the movement of gold is being dominated by bears, as it is making lower lows and lower highs. If the price breaks down the parallel channel, traders can initiate a short position for the following targets: 50153 – 49600 – 48560 . It should be noted that the breakdown of the parallel channel is also the breakdown of the 100 EMA. 49600 is a pivot zone for gold. If the price sustains below 49600 , traders can expect rapid bearish momentum.
MCX:GOLD1!
by forextidings
10
Nifty Extended But In A Limited Price RangeNifty has made a wammie bottom on the 4-hour timeframe chart. It is forming on the descending channel. Currently, Nifty is facing resistance on the upper band of the descending channel. There is a strong resistance as well as a confluence zone of 16400 . If nifty breaks the resistance level of 16400, it will be confirmation of an upward march for 16518 – 16708 – 16820 . The upper band reacts as a supply zone to the price. Also, highs price attracts sellers more. If nifty sustains below 16400 , traders can expect the following swing targets: 16161 – 16088 – 16014 .
NSE:NIFTY
by forextidings
2
NSE TECHM: Multiple Timeframe Analysis ---------- Timeframe: Monthly---------- After making an all-time high(ATH) in 1838 , prices have started collapsing to correct the previous move. The fair value area has given two resistance on the upper band, and four supports on the lower band of the channel. Excess is showing that sellers are very aggressive with their inconvenience levels. Key Level clusters: 1) 995: -  Fibonacci level of 61.8% - A lower band of the parallel channel - Monthly support level 2) 764: - Fibonacci level of 78.6% - Monthly support level at 747 These are Strong reversal zones for tech Mahindra. If the price takes support at this level, we can see an impulsive move in upward direction. Breakout of the channel will lead to 2nd key-level and more bearish. ---------- Timeframe: Weekly---------- The weekly timeframe gives information about the bearish atmosphere. Price has formed head & shoulders on the weekly timeframe. Supply pressure has broken down the neckline with a retest at 1302 . H & S target measurement says that price can fall up to 955 . (Base scale: distance from head to neckline) ---------- Timeframe: Daily---------- After creating a high of 1838, the price has to fall for the corrective phase. Price has completed the corrective wave (B) and started occurring wave (C) of the correction phase. We are clueless about trend reversal because the price is out of the parallel channel. If the price sustains below the lower band of the parallel channel. Traders can trade for the following targets: 1064 - 1006 - 995 . Please note that 955 is our monthly support level, so we can also initiate the buy position when the price sustains above it. The entrance of price into the parallel channel may lead short-term bullish perspective.  I am not admire falling knives. If the price enters the parallel channel, traders can buy for the following targets: 1180 - 1234 - 1299 . Trend change is unacceptable until the breakout of high of wave 4 of lower degree. I will upload further information soon.
NSE:TECHM
by forextidings
2
NSE CIPLA: Price Action AnalysisCipla has formed a downtrend channel for two months. Prices are moving below 200 EMA , which indicates a bearish atmosphere. We can see a downtrend channel on the 4-hou r timeframe chart. Currently, the price has taken support at the lower band of the parallel channel. It has made a range at 938. If the price sustains above 938 , It can touch the upper band of the parallel channel. Price will make a new low after the breakdown of the parallel channel with heavy supply pressure. I will Update further information.
NSE:CIPLA
by forextidings
1
Gold's Next Bull Leg In ProgressBull Gateway: 1852 Gold spot has created three consecutive positive bars in the last 25 trading sessions (36 days) for the first time. And it's above 200 MA. That's a good sign for buyers! If gold breaks the parallel channel, my upside targets are 1866 - 1882 - 1906 - 1920 . But, it hasn't broken the parallel channel in the last trading session. It's at the resistance line of it. And XAUUSD is quite far to the bull gateway level. So, wait and watch is an option for bull traders. Gold's downtrend will start from the 1832 level. If it fails to break the parallel channel, then go for the following levels blindly: 1826 - 1812 - 1800 Watch significant releases or events that may affect the movement of gold, silver, crude oil, and natural gas. Tuesday, May 24, 2022 04:30 FOMC Member George Speaks - Low Impact 19:30 New Home Sales (Apr) - Medium Impact Wednesday, May 25, 2022 18:00 Core Durable Goods Orders (MoM) (Apr) - Medium Impact 20:00 Crude Oil Inventories - High Impact 23:30 FOMC Meeting Minutes - Medium Impact Thursday, May 26, 2022 18:00 GDP (QoQ) (Q1), and Initial Jobless Claims - High Impact 20:00 Natural Gas Storage - Low Impact Friday, May 27, 2022 17:05 FOMC Member Bullard Speaks - Low Impact
OANDA:XAUUSD
by forextidings
2
NSE ASTRAL - Earn From Market RecoveryThe stock market has started recovering. Still, there's a big question, is Russia and Ukraine war over yet? Start investing during stock market uncertainty using Elliott Wave Projection. It looks like ASTRAL has accomplished the corrective structure and started forming motive waves. Price has ceased the sub-wave 5 of motive wave ((c)), and the length of wave (A) is equal to wave (C). So, this is called wave equality, where wave (A) = wave (C). If the price has bullish sentiments, the ASTRAL will not directly jump to complete the impulsive wave 3, but it will create sub-waves of motive wave 3. If traders are willing to initiate a long with low-risk setup, they can wait for a pullback of the previous move to reduce the length of stop-loss. Please note that wave two can never overlap the starting point of wave one. If the current move exceeds the low of 1769 , we can't consider this an impulsive wave. Wave three can travel for 161.8% Fibonacci extension of wave one at 2047, and power extension can derive price to 2217 . Traders can expect the following targets for the 3rd wave: 1976 - 2025 - 2144 - 2216.
NSE:ASTRAL1!
by forextidings
2
EWT: Apollo hospital Is Preparing For The Last Corrective MoveKey Level: 4475 & 5013 Apollo hospital had completed Impulsive wave ((3)) at 5935 and started corrective wave ((4)). If the price breaks the H-line , traders can sell for the following target: 4437 - 4356 - 4239 below. These are the price levels where the price can u-turn for an impulsive wave ((5)). A corrective wave is the construction of a three-wave and evidence of an impending impulsive wave. Traders can also initiate a long setup only in price breaks the impulsive channel. I will upload a long trade setup after the accomplishment of wave ((4)).
NSE:APOLLOHOSP
by forextidings
12
NSE Adani Ports Is Growing But The Truncation level is there Key Level: 824 & 853 Adani Port has broken down the corrective wave X and started forming an impulse wave ((5)). Price had broken down the 8-month-old correction, and Adani Port surged rapidly. Adani Port can u-turn from 1.618% at 1049 . It is a reverse Fibonacci of wave ((4)). Currently, the price is at the 78.6 % reverse Fibonacci level at 853. If Adani port fails to break the previous high at 901 , there will be a case of truncation. It shows that the current impulsive move has a lack of demand pressure. Then the decline will be 3x more powerful than the normal corrective wave.
NSE:ADANIPORTS
by forextidings
7
Gold Price Predictions for 2022In the previous trading session, MCX Gold made a high of 51538 and closed at 51343 ( +444 ). A question is, is it moving upward? To identify uptrend: There are two hurdles to continuing the uptrend. It should break out the 5th May high or settle above the control line. According to the above chart, Gold is forming a bullish flag pattern. And we're waiting for a breakout of the flag pattern. This breakout will skyrocket the gold price, and we can see 6400+ points of bullish movement here. Long-term target for gold 58000 - 60000 . Gold downtrend confirmation: But if gold breaks the support trendline (invalidation), then a downtrend may start. And if it happens, I will update you asap. At present, intraday traders can keep buying for targets of 51500 - 51800+ levels. Watch significant releases or events that may affect the movement of gold, silver, and crude oil. Monday, May 09, 2022 04:30 FOMC Member Bostic Speaks - Medium Impact 11:00 Investing.com Gold Index - Medium Impact 18:15 FOMC Member Bostic Speaks - Medium Impact Tuesday, May 10, 2022 17:10 FOMC Member Williams Speaks - Medium Impact 18:00 FOMC Member Bostic Speaks - Medium Impact 21:30 EIA Short-Term Energy Outlook - High Impact Wednesday, May 11, 2022 00:30 FOMC Member Mester Speaks - Medium Impact 02:00 API Weekly Crude Oil Stock - Medium Impact 04:30 FOMC Member Bostic Speaks - Medium Impact 18:00 Core CPI (MoM) (Apr) - Medium Impact 20:00 Crude Oil Inventories - High Impact 22:31 10-Year Note Auction - Low Impact 23:30 Federal Budget Balance (Apr) - Low Impact Thursday, May 12, 2022 10:30 Natural Gas Storage - Low Impact 13:30 IEA Monthly Report - Medium Impact Friday, May 13, 2022 08:30 Import/Export Price Index (MoM) - Low Impact 11:00 FOMC Member Kashkari - Medium Impact 12:00 FOMC Member Mester Speaks - Medium Impact 13:00 U.S. Baker Hughes Oil Rig Count - Medium Impact
MCX:GOLD1!Long
by forextidings
5