Gold prices moved in a narrow range on Tuesday, holding steady near a record high. The ongoing crisis in the Middle East continues to influence investor sentiment, increasing interest in the precious metal. Even though the US dollar is strengthening, gold is still showing resilience as US Treasury yields fall from multi-month highs. Reducing geopolitical tensions...
Chart Pattern: Trendline Support Trade Type: Reversal Trade Risk-Reward Ratio: 1:4 Trade Duration: One year Stop Loss (SL): ₹1612 for risk management Target: ₹2800
Hello everyone! This week, GBP/USD has witnessed a slight recovery, climbing above the 1.2450 level after dropping to its lowest point in November at 1.2426 last week. The technical outlook still signals a downward trend, but easing geopolitical tensions may prolong the currency pair's recovery time. Investors sought safe haven assets last week following reports...
The GBP/USD pair is seeing a continuation of its strong downtrend, with the lowest since November 17 recorded during Tuesday's Asian session. Currently, GBP/USD is re-approaching the bottom of the monthly descending channel at 1.2440, and a test of this level is underway. Last Friday's low of 1.2430 is also in the market's sights. A clear break through this...
Vodafone Idea attempted twice to break the resistance zone but unfortunately it couldn't and fall from around 18 Rupees so it becomes strong reistance in bigger time frame but after that in shorter time frame we can see that around 15 is became strong resistance which means whether it is bigger or Shorter timeframe it looking negative overall
USDJPY edges higher past 154.00 while making rounds to the 34-year top marked the previous day, mildly bid within a four-month-old rising trend channel early Tuesday. In doing so, Yen pair buyers take a breather at the multi-year high as the overbought RSI (14) line joins sluggish market conditions. It’s worth noting, however, that the bullish MACD signals and the...
Oil and natural gas Prices are getting Hotter due to geopolitical instability. Gujarat Gas is one of the beneficiary during this time and look at the chart it looking charming we might see the upside upto 595 in very short times and 620 further. Educational purposes only there is involvement of risks of geopolitical and global events. so make your investment...
EUR/USD has been falling for the past six sessions, trading around 1.0600 during the Asian session on Tuesday. The US dollar, supported by rising US Treasury yields, is asserting its strength, putting pressure on the pair. When looking at the current situation, unstable economic factors in the euro area, along with the potential recovery of the US economy, are...
Let's all join in and devise a strategy to earn gold this week! Last Friday, gold experienced a significant decline, plummeting nearly 1000 pips from $2431 to $2333. However, as we begin this week, gold has quickly regained its upward momentum, similar to recent trends. Currently, the price is hovering around $2360, after a 0.64% recovery today, equivalent to...
Hey everyone, buckle up because yesterday was one challenging ride! Shortly after the CPI news was broadcasted, the EUR/USD pair took a nosedive straight into the red zone. Surprisingly, surprisingly - the US inflation data for March threw us a curveball, pushing the US dollar to its highest level in a year. This move put pressure on major currency pairs, causing...
The USD/JPY has surged to its highest level in decades, reaching 154.00 during European trading on Monday. The Japanese Yen continues to weaken amid uncertainty about future interest rate hikes by the Bank of Japan (BoJ). However, concerns about potential interventions and geopolitical tensions could impact the Yen, a traditional safe haven asset. On the...
Last week, the price of gold fluctuated between $2,300 and $2,360 per ounce until Wednesday. By Thursday, amidst escalating tensions in the Middle East, the upward trend became evident as gold reached a new peak above $2,400 per ounce. The momentum continued into Friday, reaching $2,431.59 per ounce before declining to around $2,355 to end the week. The...
Gold price resumes its upward trajectory within a fortnight-old bullish megaphone chart pattern after a volatile day that initially refreshed an all-time high before posting the biggest daily loss in two months. That said, the XAUUSD’s corrective bounce also takes clues from a rebound in the RSI (14) line. However, bullish MACD signals and cautious mood ahead of...
COALINDIA BUY 458 Stoploss:- 436 Target-1 🎯:- 487 Target -2 🎯:- 504 Target-3 🎯:- 527 Ye stock ka 487 Alltime high he or us ko breck kar dega to or upar ja sakta he so this is best stock buy for swing trad
Hi everybody! Gold just experienced a volatile day yesterday, falling sharply to $2,330 before quickly recovering to $2,392, recording a spectacular increase of $62 in a short time. This strong recovery further reinforces the sustainable appeal of gold in the current context. In a situation where inflation in the US is rising, the Federal Reserve's (Fed) ability...
As the trading week ended, gold showed no signs of slowing down in its recovery, approaching the key $2,400 mark and posting an impressive daily gain of 1.04%, or 240 pips. Gold continues to benefit from strong market support, especially given the ongoing geopolitical tensions in the Middle East, which show no signs of easing. This confirms gold's status as a...
Here, is the chart or projection of HDFC BANK for the future as usual as a part of update on our earlier projection.... I hope this will definitely help you a lot so we just expect your love by boosting our ideas to strengthen and energize to post such a valuable content for you guyz .. use this as educational purpose...
looking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011 Get Ready for Big Move in the Silver Investment and Trading is Subject to market risk. take independent advice before investing or trading into it