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
Greetings everyone! Currently, EURUSD is maintaining its trajectory without any significant impetus to break the ongoing downward movement. Based on projections, it is anticipated that EURUSD will experience fluctuations within the range of 1.0600 - 1.0400 in the upcoming days, indicating a continuation of the prevailing trend.
USDJPY began the trading week on a back foot within a two-month-old rising wedge bearish chart formation. That said, the Yen pair snapped a four-week uptrend in the last but failed to confirm the rising wedge, neither it could break the 200-SMA support. However, the RSI conditions and the MACD conditions join the quote’s failure to cross the 50-SMA immediate...
Greetings, esteemed traders! As anticipated, the GBPUSD pair demonstrated growth yesterday. During the weekend trading session, this pair benefitted from the decline of the US dollar on Friday. Consequently, buyers persist in propelling the price upwards, which currently stands at 1.223 and is projected to rise to 1.238. It is worth noting that a minimum of 1.217...
Hello to all my beloved companions! Today, the price of gold got off to a promising start as it traded at its highest level in many months, reaching $1832 USD. This positive momentum was fueled by anticipated good news from the United States. The precious metal experienced a turnaround due to optimistic employment data, which suggests that the US Federal Reserve...
Yesterday, there was further upward movement in the Eurusd currency pair as anticipated. The Eurusd pair reached a weekly high at $1.0600 and is presently trading steadily at $1.0584, indicating a marginal weekly increase. Surprisingly, the US dollar experienced continued weakening on Friday, which provided strong support for the Eurusd pair to...
USDCAD remains pressured for the third consecutive day after reversing from a 6.5-month high marked last week. In doing so, the Loonie pair struggles to justify the recent run-up of the US Dollar, mainly due to the risk-off mood, as Canada’s main export item, namely WTI crude oil, jumps 4.0% on geopolitical fears surrounding the Israel war. Apart from the strength...
Greetings, everyone! Today, as anticipated, the price of gold remains on a downward trajectory. The precious metal is facing challenges in terms of increasing its value, which may result in the US Federal Reserve (Fed) maintaining higher interest rates for an extended period. Consequently, sellers are likely to exert further pressure on gold prices, currently...
Hello everyone! The 45-minute prime time period appears to be relatively stable compared to yesterday's trading session. At the moment, the price is hovering between USD 1829 and USD 1812. Currently, it stands at USD 1819, experiencing a slight decrease of 0.05% per day. Today, there will be news surrounding the US non-agricultural payroll data which will impact...
IOL Chemicals & Pharmaceuticals Ltd is poised for an upside move. 🔹Current market price standing at 472 🔹Breakout range is between 503-515 🔹Additionally, the promoters have increased their holdings in the last two quarters 🔹The balance sheet shows favorable signs 🔹Chart demonstrates the strong technicals Before making any investment decisions, it is advisable...
"Ek Onkar" Hello Traders, We see a healthy correction of 30% in Granules. After the phase of correction the price is consolidating around the moving averages of 20, 50, 100 and 200 levels. Now the arrangement of the lines of moving averages indicates the start of a Bull run. Potentially the price has a strength to move 20 to 30% from these levels in 5 to 6...