USDJPY refreshed its intraday high to 148.55, before retreating to 148.00, as the Bank of Japan (BoJ) matches market expectations of keeping the monetary policy unchanged. In doing so, the Yen pair struggles to keep the late Monday’s recovery from the 100-SMA amid the inactive hours of Tuesday’s trading. It’s worth noting that the hawkish expectations from BoJ...
AS SHOWN IN Chart we have use Fibonacci, IRFC is a good pick to buy for long term,
IRFC HAS GOOd fundamentals for long term, EARNIngs and income expected to grow buy 5%.
EPS expected to grow +4% per annum.
On a monthly timeframe this chart is looking strong. On a weekly timeframe we are early to entry, as ideally our entry triggers if it closes and sustains above the resistance zone 98-120. which is almost 20% up from the current price. But only reason to share this counter early is the confirmations it has given on the shorter timeframe. It has sustained well above...
Observational pattern shown by vertical lines.
Register the observation.
Whenever such pattern is observed bearish strategy can be adopted irrespective of mtm.
Negative Divergence on RSI.
RSI exiting overbought zone.
RSI below its average.
MACD turns down below it average.
For near term retracement of the last corresponding rise.
Hello dear friends, let's discuss the previous week's performance of EURUSD with RKarina and talk about strategies for the upcoming week!
Last week, EURUSD was trapped in a downward trend, closing below the support level of 1.090 and currently trading around 1.089.
As a result, there was a slight price recovery during the correction, but it is expected to...
NZDUSD edges higher past 0.6100 while defending the rebound from 200-SMA during early hours of the key week comprising New Zealand (NZ) Consumer Price Index (CPI) and the US PMIs for January. In doing so, the Kiwi pair also justifies the “Double Doji” bullish candlestick formation to consolidate the biggest weekly loss in six months. Additionally favoring the...
GRANULES -- All indicators are green, trading above all moving averages.
Reaching 439.5 - which is double top on the Weekly time frame.
If buyers step in to keep up the momentum, we should see 478 before any trend reversal. This is a 1.68 level and expects some retracement as per Elliott's wave theory.
Add to watchlist - wait for confirmation
Currently,...
AS per chart I am Bullish on SOLANA.
Before Big relly we can see retracement till $40-$50
Which will be good entry zone for long term.
I am Expecting CRYPTOCAP:SOL will hit $500 in bull market.
Hdfc bank spot at 1720
Weekly time frame
Symmetrical triangle pattern
Horizontal resistance as per previous life high reversal levels,
over here life high levels would play an important role,
going ahead keep watch on daily price action, if not able to break above life high levels and sustain counter can give good retracement, of 5-7-10%
counter have already...
strong support level
fib retracement 38.20. (3000)
pivot S1 (2866)
target
target last year R1 (3600)
this year R1 (3750)
low risk and huge profitability
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
It's great to see you again and talk about the EURUSD price today!
Yesterday, the EURUSD received some upward momentum. However, this price increase is considered only as a correction within the downtrend wave of DOW, as this pair has been experiencing weakness since the beginning of the new week.
Accordingly, the hawkish stance of the ECB has pushed back...
I like this chart. It has a Fib Retracement drawing. I dk, maybe like 3-5 months of more pain. Halvening is coming up. It won't have that much of an effect on price, will it? Short term bearish. Long term bullish.
Indus tower recently made a bold move, breaching its long-standing resistance at ₹206 with strong volume. This breakout signaled potential bullish momentum, exciting traders and investors alike. However, the excitement seems to have cooled down as the stock is now retracing towards its support level, leaving many wondering: is this a temporary dip or a sign of a...
Stock made a Higher High and came down for retracement,
Now its in Consolidation, which is expected to be Accumulation.
In the current market downfall, CRISIL made made a Bullish Pin Bar in Day TF.
Buy will be Active above this PinBar,
Best buy for Swing Trade.
