he benchmark S&P 500 index closed at a record high on Wall Street Friday, but sentiment could quickly turn as corporate profit margins appear to be peaking, according to analysts at JPMorgan. Equities appear to be in demand because investors expect corporate profits to accelerate, supported by the bottoming out in activity indicators that is now in progress,...
The AUD/USD discovers support near 0.6550 in the European session on Monday. The sell-off move in the Aussie asset has stalled as the US Dollar drops. The US Dollar Index (DXY) corrects to near 103.76 as hopes of the Federal Reserve (Fed) pivoting to rate cuts are imminent. S&P500 futures remain muted in the European session, indicating a sideways trend....
Analysis based on price action and Supply and demand strategies. AUDUSD may fall tonight. Impact correlation is positive. Stick to your own strategies and trade smart.
ENTRY:46679 target:46600 sl: 46700 sell limit order. No trading zone at CMP
High volume breakout happened today. Expecting retest and continuation of the same soon. Buy limit order only.
Risk management is the key to successful trading. So, avoid firefighting trades if you are in the wrong direction. All the best.
Gold price (XAU/USD) touches over a one-week high on Wednesday, albeit struggles to build on the momentum and remains capped near the 50-day Simple Moving Average (SMA) through the early European session. Bulls turn cautious and prefer to wait for more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh bets. Moreover, the markets have fully...
Entry 2020 SL 2019 Target 2024 Please confirm and trade.
Gold price (XAU/USD) touches over a one-week high on Wednesday, albeit struggles to build on the momentum and remains capped near the 50-day Simple Moving Average (SMA) through the early European session. Bulls turn cautious and prefer to wait for more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh bets. Moreover, the markets have fully...
Gold price (XAU/USD) touches over a one-week high on Wednesday, albeit struggles to build on the momentum and remains capped near the 50-day Simple Moving Average (SMA) through the early European session. Bulls turn cautious and prefer to wait for more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh bets. Moreover, the markets have fully...
The increase in Crude oil prices can be attributed to the United States (US) Energy Information Administration revising its forecast for growth in domestic oil production in 2024. The revised projection of 170,000 barrels per day (bpd) is lower than the previous estimate of 290,000 bpd, contributing to a more bullish outlook for oil prices.
If price falls to the marked zone, we may see pull back to the CMP. Trade set up in the direction of the trend. Please do your own analysis and trade only after two confirmations. All the best.
Hero or zero set up. 5min-FVG confirmation after breaking the structure. All the best.
Exterminating the XAU/USD 4-hour chart, technical readings suggest easing optimism. Technical indicators remain within positive levels but offer bearish slopes, reflecting the ongoing selling. At the same time, the pair is breaking below converging and directionless 100 and 200 SMAs, while the 20 SMA keeps heading north below the current level, providing dynamic...
2015-2013 ZONE can be considered to go long. Avoid big lot size. 2035-2036 Target price. All the best.
If price falls to the marked zone, we may see pull back to the CMP. Please do your own analysis and trade only after two confirmations. All the best.
If price falls to the marked zone, we may see pull back to the CMP. Please do your own analysis and trade only after two confirmations. All the best.