EUR/USD is extending its sideways trading in the European session on Thursday. The pair lingers near three-month lows, as the US Dollar clings to recent gains amid a risk-off market profile. EU/ US data and Fedspeak awaited. The EUR/GBP cross gains momentum above the mid-0.8500s during the early European session on Thursday. The cross currently trades near...
Gold price regains positive traction and remains within the striking distance of a one-month top. Expectations that the Federal Reserve is down with its rate-hiking cycle underpin the XAU/USD. A positive risk tone might hold back bulls from placing aggressive bets and cap any further gains. On the hourly time frame, the ascending channel resistance was previously...
Gold prices are rising and reaching a 3-week high of 1935 USD/ounce after a series of lower-than-expected US economic data. ADP's national employment report for August only increased by 177,000 jobs, compared with expectations for an increase of 200,000 jobs. According to experts, the US stock market is trending up. The sentiment of overseas traders and investors...
This morning's gold price continued to increase by 16.7 USD compared to yesterday's closing level to 1,936.5 USD/ounce, the gold price reached its highest level in three weeks. The US Employment Turnover (JOLTS) report and consumer confidence index were much lower than expected, spurring fresh buying demand for the precious metal. Gold prices continue to...
TVS Motors have formed an ascending wedge pattern on the daily timeframe with 2 contact points above and 3 contact points below Yesterday it has broken out of the pattern with gap-up which acts as a very strong confirmation of the success of the trade Although no volume surge is present but RSI is present in OVERBOUGHT zone indicating that the momentum is...
GBPUSD is making continuous higher highs in 4H and 15M timeframe, now im just following trend here is the complete analysis to trade GBPUSD
Why We need to respect Stoploss? #tradingclasses #tradigstrategy #tradingideas #tradingcourses. With Technical analysis , we can predict the next movement of the market 80-90% most of the time, and 10-20% of the time market reverses. we need to respect that 10-20% failure to sustain in the stock market career. Market is always superior. . If we dont respect...
Check levels as per marking on Chart, Gold has short condition as per our analysis for the target of 54000.
Maybe tomorrow nifty trading between this range 17900 to 17600. highest call oi 18000 ,It act as a major resistance . Hghest put oi 17500,It act as a major support 17700 is a crucial range ,It holds both put and call OI . PCR,0.6 VOLUME PCR,0.9 .Maybe tomorrow we expect slightly Sideways BEARISH TREND. Tomorrow RBI meeting will be held at 10 AM .
When nifty brakes 17800 above then go for long , For short if nifty brakes below 17700. Nifty PCR.0.8 ,VOLUME PCR 0.9
PE side trade should be careful. ....................................................
Bank Nifty is forming morning star at a round level. PE side trade should be careful..
I will not trade till nifty breaks 17725. Its in a channel and can go sideways... So, today, No trade till a good breakout.....
Above 175502 - 17611 No Positions in PE before 17460 Wait for 15 min candle to close above 17550.
As per the 2 Hour Chart of TATACOFFEE, we can witness a Formation of “Hammer” on the chart. Therefore, we are expecting a bullish momentum in TATACOFFEE in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 214.70, 216.75, and 220.20. Whereas, on the other hand, on the downside levels, the stock may...
Summary ► HTF is again is crucial demand zone. DTF has a "Bullish Doji" candle, which infers "Positive" bias" but, we may see loss of momentum hence, sellers/buyers will fight it out. ► Pivot analysis infers Trading Range DAY bias. ► Support levels 15793/15735 ► Resistance levels 15895/15850 ► We are in sellers zone, expect it to be closely fought area. Unless,...