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USDJPY Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend Trendline analysis on USDJPY Trend Identification: Swing Downtrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 143.375, T2 - 143.00. Check for Entry and Stop-loss. Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements. Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows. Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Short
by JagadishSinghR
EURUSD Swing Downtrend AnalysisTrade Analysis : Swing EURUSD Downtrend Channel analysis on EURUSD Trend Identification: Swing Downtrend EURUSD . Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bearish pullback with market structure. Targets: T1 = 1.6000, T2 - 1.0550. Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements. Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows. Conclusion: Based on the chart analysis of , EURUSD is Downtrend has been identified. EURUSD is heading towards the 3-Month Low. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Short
by JagadishSinghR
2
MFSL the MFSL share price is trading at 703.2, which is higher than the price on June 20, 2023. The price has also been moving up in the past few days, and it is currently trading above the 50-day moving average. The technical analysis that I provided earlier was based on the price data from June 20-22, 2023. Since then, the price has moved up, and the trend is now bullish. The price is still forming a double top pattern, but it is possible that the bears will lose momentum and the price will start to move higher. Here are some of the factors that could influence the price of MFSL in the near term: The overall market sentiment The performance of the company's earnings Any news or announcements from the company Any changes in the political or economic environment It is important to note that technical analysis is not a perfect science, and it is not always accurate. The price of MFSL could continue to fall, even if the technical analysis suggests that the trend is bullish.
NSE:MFSL
by nvnkush
Tata steel after dividend Hello friends, Today was dividend price adjustment on $tatasteel. On 1 day timeframe it in bullish trend but it looks like there is short term down trend started, we can find again long position once it take support @108 or @107 #first make short position still it support #second wait for trend reverse to bullish because it may break up level and make new high this time. Its my point of view on this stock, but please do your own analysis and make your own view and take positions. Like and share. Thanks
NSE:TATASTEELShort
by apstockanalysis
EURUSD appears bullish on ECB DayEURUSD defends recovery from 200-EMA, as well as stays above the 50-EMA hurdle, as markets prepare for the ECB. In doing so, the Euro pair lures buyers amid hawkish expectations from the European Central Bank (ECB). That said, the 23.6% Fibonacci retracement level of the pair’s upside from late November 2022 to May 2023, near 1.0900, appears immediate resistance for the bulls to watch before targeting the 1.1000 threshold. It’s worth noting, however, that the nearly overbought RSI may restrict the major currency pair’s advances past 1.1000, highlighting February’s peak of around 1.1035, as well as the yearly top marked in May around 1.1100. On the flip side, a dovish hike from the ECB and a daily close below the 50-DMA support of 1.0810 becomes necessary to please intraday sellers of the EURUSD pair. Even so, the 200-EMA of around 1.0690 will challenge the bears. Should the pair drops below the key EMA support, the previous monthly low of around 1.0635 can act as the final defense of the Euro bulls. Following that, a southward trajectory toward the lows marked in March and January, respectively around 1.0515 and 1.0480, will be in the spotlight. To sum up, EURUSD is likely to approach the yearly high unless the ECB disappoints.
by MTradingGlobal
GOLD 06/06: Gold is in a narrow rangeTVC:GOLD Gold price is consolidating in a narrow range of 1,955$-1,965$ on an hourly scale. The precious metal has turned sideways around the 50% Fibonacci retracement (plotted from June 02 high at 1,985$ to June 05 low at 1,930$) at 1,965$ The 50-period Exponential Moving Average (EMA) at $1,959.38 is providing cushion to the Gold bulls. US banks seem reluctant in distributing credit to households and firms in order to maintain their asset quality in the turbulent environment. My assessment is that TVC:GOLD gold will follow a butterfly pattern , TVC:GOLD gold will return to the range of 1965$-1970$ and we will have a buy contract at 1945$-1947$. Stop-loss point per deal at 50pips
TVC:GOLD
by SupperTrading-FX
5