NZDUSD extends the early March’s bearish consolidation inside a three-week-old ascending trend channel as RBNZ announces the 11th consecutive rate increase. More importantly, the New Zealand central bank pleases the Kiwi bulls to renew the 7-week top by a surprise 0.50% rate hike versus the 0.25% expected. It’s worth noting, however, that the RSI conditions...
Based on the analysis of RAMCOCEM's price movements, it appears to exhibit a bullish trend characterized by a series of higher lows and higher highs (L, H, HL, HH). Furthermore, after encountering the support trendline indicated by the yellow circle, the price has formed an inverted head and shoulders pattern, which is widely regarded as a bullish signal by...
GBPUSD pokes a 10-month-old descending resistance line as the Cable bulls brace for the Bank of England (BoE) updates. Given the pair’s successful trading above the key DMAs and a clear rebound from the 61.8% Fibonacci retracement of the May-September 2022 downturn, the buyers are likely to overcome the stated trend line resistance, currently around 1.2340. The...
Suggesting Buy on DIP we can see the buying from the 50% of this candle 1760 is looking good for buying let the levels hold and try to break this level buying till the previous high is gonna be good
Shantigear stage 2 continuation breakout. Only for learning
I would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level. Thank you for considering my analysis. Best of luck with your trading.
Having successfully bounced off the 200-day EMA, the Gold buyers poke a four-month-old support-turned-resistance line as bulls await final clues for the next week’s Fed meeting. Given the overbought RSI conditions, the metal buyers appear to run out of steam and can keep struggling with the immediate hurdle surrounding $1,930. Even if the quote crosses that...
Hi there are two current scenarios I think might happen in a few days
Hello Traders, The structure of Granules looks very promising. The price is getting momentum and is ready for a trend. The level of 284 is important support on a weekly chart. And the price has been tested at this level many times but never been breached. But for sure it will spend some time at levels. So, I expect a good positive trend in the coming days. Be...
btcusdt has make doubel top ion 4h tf and 1hr time frame it is consloding in chaanel in 15 mintue timeframe and had make double top on 5 min timeframe if 15min candel closes bwlow the red line we will get two entry opppurtunity got trade slected your entry and hold it till target thank you
1. Indicators in the Monthly chart. a. Price Action - 3 Bearish candles for Dec, Jan, Feb. (Possible 3 crow) b. MACD - Cross under on the way. (14 points away) 2. Indicators in Weekly Chart a. Price Action - 41729 is now a resistance. b. Stochastic - Cross under near. c. RSI - 48.56 (already low in...
REC LTD stage analysis weekly. Stage 1 breakout. weekly closing must be above 127 SL 118. Note : only for learning, trade at your own risk.
Here is a Government Company. now started moving after making a base in a weekly time frame. Its been in the range Since 2017 and has also passed the Covid Crash and even then respected the same levels. It started its rally back then in 2014 and continued till 2019 and since then it is consolidating at the same level. It has started moving after taking its...
After stalling a four-month winning streak in February, EURUSD prints mild gains so far in March. That said, the major currency pair’s latest recovery takes place from the 1.0540 support confluence comprising the 200-day Exponential Moving Average (EMA) and a three-month-old ascending support line. The upside momentum also takes clues from the upward-sloping RSI...
stock has broken the all time high according to fib stock is giving the new T of 183 You can do your own research before buying NSE:TDPOWERSYS
Gold braces for the first weekly gain in five but stays within the key moving average envelope as traders eye Fed Chair Jerome Powell’s testimony and the US NFP data, up for release in the next week. It’s worth noting, however, that the bears appear to run out of steam, per the RSI and MACD conditions. As a result, a clear upside break of the 50-Exponential Moving...
Dear Friends Pl. have look at the matter and educational charts. It's for educational purposes and nowhere trading criteria has been given. Keep Learning :)
USDCAD bulls struggle to defend the two-week-old winning streak ahead of the Canadian GDP data. However, the Loonie pair stays beyond the fortnight-long support line, as well as the key moving averages, to keep buyers hopeful. That said, a horizontal area comprising multiple levels marked since early October 2022, around 1.3700 appears the key upside hurdle for...