Samson greets everyone! Currently, the GBP/USD pair has gained momentum and reached a two-week high at 1.2250 after today's trading session. The positive shift in risk sentiment has made it difficult for the US Dollar (USD) to find early demand on Tuesday, thereby boosting the GBP/USD exchange rate. At the time of writing, the UK's FTSE 100 index has risen by...
EUR/USD is showing a positive trend at $1.0609. If the Federal Reserve officials are not confirmed, this currency pair may continue to rise. The main resistance levels are at 1.0655 and 1.073, with support levels at 1.056 and 1.053.
GBPUSD seesaws at a three-week high ahead of the UK data dump, probing a six-day winning streak. However, the RSI (14) line steadies near the overbought region and joins a looming bear cross on the MACD to suggest that the bulls are running out of steam. With this, a pullback towards the late September swing high of around 1.2270 becomes imminent but a convergence...
MAJOR TECHNICAL LEVEL R1 : 1873.47 | R2 : 1875.09 | R3 : 1878.05 S1 : 1864.31 | S2 : 1865.93 | S3 : 1868.89 CANDLESTICK FORMATION Inverted hammer candle formation in intraday time frame. There are major technical indicators show strong buy zone in hourly, daily and weekly time frame.
Greetings! It appears that the upward movement of USDJPY came to a halt at 149.15. The currency pair failed to reach the anticipated level of 150.00 as a downtrend formed, and currently, it is being traded at 148.88. Samson suggests that there is a possibility of revisiting the significant level of 147.80. Additionally, Samson still holds a positive outlook on...
Greetings, traders. At present, the market is experiencing a favorable upward trend, with prices remaining high and currently trading around US $149.11. On the 4-hour time frame, the technical analysis shows that there has been no significant breach. It is anticipated that there will be a minor correction to $148.62, followed by a subsequent increase to...
Samson greets everyone! Today, GBPUSD continues to strengthen its upward momentum from the recent decline at 1.207 and is currently trading at 1.222. In terms of prospects, this currency pair is expected to experience a slight increase, touching the downward trend and then being rejected towards the support level of 1.2300. This level is considered a strong...
Hello wealthy entrepreneurs. USDJPY today continues to decline as predicted. The US dollar fell on Tuesday, along with expectations of US interest rates and a decrease in treasury bond yields. On the other hand, the Japanese yen increased slightly due to violence in the Middle East, supporting safe-haven buying. This week, we will receive important news that...
Elliott Wave Analysis:- As we said in previous view :- "if the C wave was broken downside then the triangle may be in reverse and the fall will be the size of the A wave we marked." 2nd View took place and one correction wave was completed. we may expect a retracement to the level of 2695 - 2720. else we may expect an impulse move from here and we need to...
Greetings, everyone! I would like to bring your attention to the current situation regarding BTC. At present, BTC is experiencing a downward trend and is being traded at 27515 USD. It is anticipated that in the near future, the price will reach the support level of 27276 USD. Upon examining the price chart, it is evident that there is a trend line indicating a...
EURUSD bulls struggle at a weekly high while waiting for inflation clues from Germany and the US, as well as the Fed Minutes, on Wednesday. That said, an upside break of the 21-day SMA and bullish oscillators keep Euro buyers hopeful. However, a three-month-old falling resistance line and a horizontal region comprising multiple levels marked since late May, around...
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Hello dear traders, the USDJPY has increased as predicted during yesterday's trading session. After a strong surge to 149.53, this currency pair has now slightly decreased to 149.24. This pair is considered unsuccessful as it hasn't reached the predicted level of 150.00 yet. It is currently trading at 149.23 USD and is expected to test the support level of 148.00...
So we are again looking at a QS on daily and we are completing the 4th Leg on Daily TF, the 5th leg should start from 27860/28280 zones SL 28888 TP1 24444 TP2 22786 we will be trapped in 220-620 loop break of 620 we go 420 the 220 bigger picture 28888->18888 slice 1 : 27860 ->24444 (Short) Slice 2 : 24444 ->26200 (LONG) Slice 3 : 26200->22786 (Short)
please refer to chart daily time frame value and volume breakout seen small swing possible
Samson greeted everyone with a warm hello! Last Friday, Samson expressed that there might be a potential increase in the GBP, surpassing the level of 1.2230. However, maintaining a stronghold above this level could prove to be challenging. Additionally, Samson emphasized that the main resistance at 1.2270 would be difficult to breach. Unfortunately, the actual...
Gold prices rose again today following an unexpected military attack by Hamas on Israel over the weekend. This event has increased the demand for gold as a safe haven. Currently, gold is trading at $1855. However, the rise in US interest rates continues to pose a challenge for gold. In order to see a significant increase in gold prices, the market will be closely...
Lupin 15 min time frame technical analysis lupin chart analysis expecting up trend stock has faced 4 time resistance