USDINRUS Dollar has been trading in a range since last few months which a good sign for us as US Dollar have major impact on our economy until it is in range we can see our market performing well as we saw it yesterday moved more than 1% our market showed its impact on Expiry session.Breakout of it will have a major Impact on our Market.
USD
Gold is looking long beyond expectation In the monthly time frame, gold gives a clear pattern rounding bottom, which is a big bullish pattern for a far long target. It has given breakout and retested the breakout level. Now it is amazing to see the bullish move from here. We can also see the bullish move from 1800 or some below the level in the weekly time frame. If this happens we can expect the first target at 2440 in the next 1-1.25 year and the next target at 3300 in the next 2-2.5 yr.
This could be a very good long-term investment in gold as we could have some big target of return of money in future
Trade not recommended
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Symmetrical TriangleHello friends
If your are waiting to buy this stock then you must wait until it break the RSI Level 30. stock has already moved forward from symmetrical triangle.
if we consider the moving average and RSI the stock have strong chances to touch back 1.38800 its next support level.
USDCAD has taken reversalUSDCAD has taken a reversal from 1.20200 in the weekly time frame with two Doji candles with good confirmation but volume is not supported so we can look at the first target of it is 1.26500 which is at a 0.23% level of Fibonacci
the one fundamental thing that is help it is the rising of the US Dollar
Trade is not recommended
Comment your views
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Sell USDJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price has hit its RESISTANCE and is falling down.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2162).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.2070
TP3= @ 1.2050
TP4= @ 1.2035
TP5= @ 1.2000
SL: Break Above R2
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💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (330.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 377.80
TP2= @ 422.70
TP3= @ 485.20
TP4= @ 527.80
TP5= @ 598.90
TP6= @ 681.20
SL= Break below S2
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VIXVIX has been forming quite a lot of gaps lately. This chart suggests remaining risk lower into filling the open gaps still, but the pattern is tightening and looks to come to a resolution at any moment between now and in the next week.
This smaller pattern suggests room for a VIX breakout into the low to high.
The longer-term structures continue building for a much larger move still to come in the future.
It’s all part and parcel of a market that continues to live off.
The main message: New highs or not, volatility , it’s coming. At least for a while.
USDINR DOW theory Flag BOEverything explained in chart...
Sold Put options of lower strikes and next expiry...
Disclaimer : This is a trading idea for learning. No trading call. Keep your stop losses and risks within your limits.
💡Don't miss the great buy opportunity in USDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2124).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCADis in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 1.22020
TP2= @ 1.22648
TP3= @ 1.23518
TP4= @ 1.24405
TP5= @ 1.25489
SL= Break below S2
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WEEKLY SELL ON EURUSDHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price has hit its TRENDLINE RESISTANCE and also made a DOUBLE BOTTOM.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 37920
TP2= @ 39515
TP3= @ 40780
TP4= @ 41870
TP5= @ 43805
SL= Break below S2
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💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast:
25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 25.75 is broken.
Technical analysis:
While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 28.55 on 06/ 01 /2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
Take Profits:
TP1= 25.75
TP2= 26.60
TP3= 28.30
TP4= 29.85
TP5= 33.45
TP6= 37.50
TP7= 44.20
TP8= 49.80
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💡Ne manquez pas la grande opportunité de vente dans XAUUSD
Conseil de trading :
". Il existe toujours une possibilité de retracement temporaire vers la ligne de résistance suggérée (1897).
si tel est le cas, les commerçants peuvent fixer des ordres en fonction de l'action des prix et s'attendre à atteindre des objectifs à court terme."
Analyse technique :
. L'XAUUSD est dans une tendance baissière et la poursuite de la tendance baissière est attendue.
. Le prix est supérieur à la moyenne mobile exponentielle pondérée à 21 jours qui agit comme un support dynamique.
. Le RSI est à 27.
Prise de bénéfices :
TP1= @ 1875
TP2= @ 1848
TP3= @ 1828
TP4= @ 1797
TP5= @ 1762
SL: Break Above R2
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Vendre sur rejet de prix inférieur à 1
SL: Break Above R2
Ceci est un exemple de prévision
Prévisions intrajournalières
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2150).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2055
TP2= @ 1.1985
TP3= @ 1.1950
TP4= @ 1.1835
SL: Break Above R2
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💡Don't miss the great buy opportunity in BNBUSD @binance
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (367.44).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 448.03
TP2= @ 487.51
TP3= @ 528.66
TP4= @ 613.87
TP5= @ 683.92
SL= Break below S2
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💡Don't miss the great buy opportunity in SFPUSD @iSafePal
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1229).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.5647
TP2= @ 1.8468
TP3= @ 2.1452
TP4= @ 2.5237
TP5= @ 2.8447
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💡Don't miss the great sell opportunity in GBPUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4205).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 34
Take Profits:
Tp1= @1.41350
TP2= @1.40950
TP3= @1.40050
SL: Break Above R2
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USDINR reversing / DOW theoryUSD INR formed a bullish candle today on Daily TF
Also, on hourly its changing DOW theory and making higher highs and higher lows... YES ! Uptrend !
Flag n pole structure formed on hourly.
Flag breaks go long or else wait for confirmation of breakdown below 72.638
Went long after the morning star today... :)
Happy Trading !!!