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USD/JPY: Bullish Momentum Remains StrongHello everyone! Today, let’s analyze the USD/JPY currency pair together! Market sentiment has shifted negatively toward the Japanese Yen, causing the currency to weaken against the US Dollar. Japan’s weak export data has raised concerns about the country’s economic outlook, while internal government disagreements over monetary policy have only added to the uncertainty. In contrast, the US Dollar remains favored due to expectations that the Fed will maintain its tight monetary policy, attracting investment flows and pushing USD/JPY higher. Looking at the technical chart, the 34 and 89 EMAs are steadily trending upwards, with no signs of a reversal. The support level at 149.368 is serving as a springboard for further upward momentum in this pair. When the price encounters resistance at 149.766, it may test this level, and if an opportunity arises, it could break through and aim for a higher target. In my opinion, USD/JPY is likely to continue its upward trend in the short term. However, investors should be cautious about the risk of a correction as the RSI is currently in the overbought zone. What do you all think about this pair?
by Alisa_Rokosz
APOLLO TYRES: Bullish Peannant Upside 20%Stock is in an uptrend for the last 2 months moving with 0.3-0.5 fib retracement. Now pennant is been formed for the next bull run with 20% return in between next 2-3 months if broke the current higher high. Points to be Note (Technical + Fundamental) 1. Pennant Structure 2. In up-trend for last 2 months 3. Fib levels are 0.3-0.5 & Relative strength restest the positive level. For now, you have to just look at the breakout. 4. Above Critical demand zone 5. P/BV ratio is highly above 1 6. P/E is considerable to Industry standards (double) 7. Net profit is significantly increased 8. Reserves are increased by 15% 9. Promoters have diluted their shares 10. For sure Apollo will hit the 20% up. As their peer, the JK tires is in bull run form last 6 straight sessions 7. ROCE is affected but above YOY 2020 is 10% Let me know in the comments what's your views?
NSE:APOLLOTYRELong
by rajveerscolia
Apollo Hospital GO LONG Hi guys this is Trader Kanishk This is the analysis OF apollo hospital Points discussed in the video: Why to go long has it taken support trendline breakout new support levels new targets new stoploss levels entry levels for sharp entry and many more. Please Watch the entire video and GO for It DISCLAIMER Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position. One more very important thing Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
NSE:APOLLOHOSPLong
by thisiskanisk