Chart type - Heikin Ashi Time frame - Swing Daily Chart All time High - 525.90 LTP - 435.10 Note: 20% down from all time high Breakout of the resistance level of 431 (Recent high of May) Wait and watch the behavior of price around these levels. The support zone 425 to 430. Thanks Simranjit Singh Virdi
Hello Traders, Chart Type - Heikin Ashi Time Frame - Daily Swing Chart The price has successfully tested its retracement level of 61.80% and the price holds these levels. Swing High - 387.15 (August 2023) Breakout Level - 347.95 First trade zone - 347.95 to 357.25 Second trade zone - 357.25 to 373.30 Breakdown Level - 338.65 Trade Zone - 338.65 to 308.60
Pidilite Industries swing trade for risk reward ratio of 1.25 can look for tp of 2544 only above 2500 with stop of 2460 DC : only for educational purpose
Here, is the chart for traders and investors favorite stock.... Invest and trade accordingly...
Hello traders what do you think about GBPUSD? The GBPUSD pair is on sale from $ 1,240. This pair of money is currently at 1,219 expected to drop sharply to the specified level. News this week: The upcoming macro data of the United States supports the Fed's further strengthening prospects, which still supports the recent recent recovery of the US Treasury and...
Hello dear traders! What are your thoughts on USDJPY? This currency pair is currently trading steadily at 148.79. The level of 148.88 is quickly identified as a resistance level at this moment. It is expected that in the short term, this currency pair will be sold short before rising to the designated level.
Yesterday evening, the price of gold experienced a sharp drop, falling from $1,915 to $1,900 per ounce. This marks the lowest price that gold has reached in September 2023. Currently, the price has settled at $1,896 but the downward trend persists. The sudden surge in dollar value can be attributed to investor anxiety over central banks' commitment to maintaining...
Hello traders. What do you think about USD/JPY? Currently, this pair of money is trading at 148.32 USD after going up from $ 145.90. Looking at the technical picture on a 4 -hour time frame, we can see that gold is in the main trend of increasing and receiving strong support from 147.50. However, you can see that this currency has reached the resistance area. It...
Hello dear translators, today USD/JPY continues to increase stability at 148.50 USD. On the 4 -hour chart we can see, it seems that this pair of money has cooled down in the increase. Samson predicts that in the short term, this cash briefcase will have a slight decrease. Although this is only a prediction, we need to focus on Fed.
Samson extends his greetings to all of you! The value of USDJPY has been consistently rising, maintaining its upward trend and surpassing 148.00. Currently, UJ is being traded at approximately 149.025, which marks a new record high. Moreover, the Federal Reserve has indicated their potential to raise interest rates at least once within this year. This allows the...
USDJPY continues to maintain its strong position at a high level, reaching a trading threshold around the price of 149.38 USD. The DXY has risen to nearly 106.30 despite a decrease in consumer confidence in September. The United States Conference Board reported on Tuesday that consumer confidence in the US economy has declined across all age groups. Psychological...
Trade the levels.... Chart of 15 min. candle so close of 15 min. candle is important for each levels to execute the trade....
Gold licks its wounds at the lowest level in more than six months after falling the most since late July the previous day. Although the oversold RSI prods the XAUUSD sellers, the bearish MACD signals, a clear downside break of the previous key support line stretched from February and a death cross on the daily chart together suggest further downside of the...
Hello traders, what do you think about gold? An important resistance level in the 1927 region is expected to decrease at least to the prescribed level and then increase as prescribed.
Hello dear traders, what do you think about the new week gold? It seems that in the first trading session of the week, Gold seemed not to escape the resistance of 1927 USD but still set aside to maintain the price of 1903 - 1905 USD. This week, the market will receive a series of economic data, including GDP and personal consumption index (PCE) of the United...
Hello dear traders! Currently, the gold market continues to decline after breaking the uptrend line at $1920 and trading at $1911, a decrease of about $5 compared to the morning session. It can be seen that the recovery of the USD is an important factor affecting this precious metal, causing its price to decline. On the 4-hour chart, we can see that Gold is...
Chart type: Heikin Ashi Time frame: Daily Fibonacci Retracement Drawn Data First Swing 18.51% Second Swing 11% Convergence levels: Mark 7900 (convergence - 23.60% of first swing // 38.20% of second swing) Mark 7713 (convergence - 38.20% of first swing // 61.80% of second swing) Analysis Notes: From the last 3 trading sessions the price is trading below...
Chart Type : Candlestick Time frame : Daily Tool Used: Fibonacci Extension Please note that this analysis is based on the geometry of the chart, it is not a data based analysis. From March 2023 the price has moved 85%. But for analysis we consider a strong swing of 65% which is from July2023 to today's candle and the Fibonacci extension is not drawn on the...