1) USD /CAD moves downside to 1.3700 on weaken US Dollar. 2) The bearish outlook for USD / CAD remain below the 50, 100 AND 200 moving average ( 1 hour TF ). 3) Major support level seen at 1.3655. Technically, the bearish outlook for USD/CAD remains intact as the pair holds below the 50- and 100-day Exponential Moving Averages (EMAs) on the four-hour chart....
I think the monthly High is settled for Nifty. From here I am expecting lower prices. I am aiming for 19414
USDJPY prints a three-day losing streak as it slides to the lowest level in three weeks amid early Monday. In doing so, the Yen pair justifies the previous day’s downside break of the 150.00 support confluence comprising the 200-SMA and a 2.5-month-old bullish channel’s lower line. Adding strength to the downside bias are bearish MACD signals. However, the...
EURUSD appears all-set for the weekly gain even if a three-month-old descending resistance line and the overbought RSI (14) restrict the pair’s immediate upside. It’s worth noting that the bullish MACD signals and the quote’s successful trading above the key Fibonacci retracement ratios, as well as the SMAs, keep the buyers hopeful. That said, the 61.8% and 50%...
Stock Name Wardwizard innovation Revenue is Provide Good Side For this stock and recent Development also Towards CMP is 54 Target is 66-76-87
On a monthly timeframe it's a multiyear breakout. On a weekly timeframe from May2023 it was struggling to sustain above the 147.10 levels. This week though it has managed to sustain above and also closed above its crucial resistance of 178. Now 138-162.50 levels (also swing low) shall act as a support for further move upwards. So this should be an ideal...
Gold price braces for the first weekly gain in three while defending the week-start rebound despite the previous day’s retreat from a convergence of the 100-SMA and a two-week-long falling resistance line, currently around $1,973-75 by the press time. It’s worth noting that a one-month-old horizontal area joins upbeat RSI (14) and bullish MACD signals to keep the...
The recent increase in cryptocurrency has resulted in a bullish trend persisting for several days now. By examining the 1-hour chart of SOLANA, we identify an area of high demand where we can strategically plan a long trade. To ensure greater certainty, we can transition to a shorter time frame after addressing the Order Block and carefully evaluating...
Can plan after breakout. Possible 1st tgt is 400. Psu stock :- whole sector is bullish. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: we are not SEBI registered. this is not buy and sell advice. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: keep learning keep growing
GBPUSD snaps a two-day winning streak with mild losses around 1.2270 as traders await the UK employment and the US inflation data on early Tuesday. In doing so, the Cable pair fades bounce off the 21-day SMA. However, the absence of an overbought RSI (14) line, bullish MACD signals and the quote’s defense of the early-month resistance breakout keeps the buyers...
Samson greets everyone! The downward trend in prices continues at the beginning of the new week. Currently, at the opening of the week, precious metals are trading around $1938. There are no new developments in the tense situation in the Middle East, and the USD continues to strengthen. The Federal Reserve has not clearly determined the possibility of an interest...
USDJPY rises for the sixth consecutive day while poking the yearly high marked in October, mildly bid near 151.70 during early Monday. In doing so, the Yen pair justifies an upbeat RSI (14) line while signaling the fourth attack to cross an upward-sloping resistance line stretched from June 30, around 152.50 by the press time. It’s worth noting that the previous...
Samson greets everyone! Gold prices today are still being negatively impacted in the market as the US Dollar Index, which measures the fluctuation of the greenback against six major currencies, is at 105.685 points (a decrease of 0.09%). The "hawkish" signals from Federal Reserve Chairman Powell on Friday have weighed down gold, as this precious metal is...
Technicals Bullish Momentum - Above Short, Medium and Long Term Moving Averages The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. MACD + RSI POSITIVE Pattern: Symmetrical Continuation Triangle (Bullish) The stock is seeing buyer demand, and is bullish across its technicals compared to the rest of the...
After forming a base of 15 months and breaking out of it it went into consolidating another 5 weeks in a 16% range showing strength by sustaining above the previous ATH levels and then breaking out this week with super volumes. It is sailing above all its key moving averages. Trend based fib levels 105 - 127 - 155. View stand invalid if price close below...
In the short term and based on the 4-hour XAU/USD chart, we can observe that the bullish side is once again testing the level of 1954 USD. However, a retreat at the level of 1953 USD would push the gold price to seek the resistance level of 1960 USD once again before further decline is expected at the level of 1945 USD.
Today, the price of gold continues to move away from the $2,000 range, which it has been trading around since the beginning of the week. Currently, the precious metal is trading around $1,951. Here are some important pieces of information: Factors contributing to the decline in gold prices: - The current operating interest rate in the US is at its highest level...
Samson, hello everyone! Currently, Gold (XAU/USD) continues its efforts to achieve any meaningful recovery in European trading session, currently trading at $1949. Some officials from the Federal Reserve this week have given mixed signals about the future path of interest rate hikes, which has led to money flowing out of the yellow metal, resulting in no profit...