NGM:SOUND is making a bounce on a major support level at $5. This is showing strength for the buyers and further upside to be made. Entering a swing position and targeting $15. Some more details on SOUNDHOUND AI: SoundHound AI's technologies have attracted the attention and investment of major players in the tech industry. For example, Nvidia disclosed that...
It is about to breakout the range, the blue box can work as an S/R level in this case. If we want to go to upper levels the price should be able to reclaim the red circle or invalidate it. Happy trading
The stock is in uptrend in all Higher time frames. The stock has been in good consolidation for 12 weeks. Downside wicks in the last 3 weeks indicate good buying coming in. The last week candle seems to be an indecision candle post diminishing selling pressure and buying stepping in. The lower time frame price actions such as Daily and 75 mins confirm the...
SID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for...
Revealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the...
Hello fellow traders! XAUUSD has been on the rise with a MAJOR BREKAOUT and the bull run isn't done. there are two more zones based on the Daily Fib level!!! Checklist: ✔BULLISH TREND ✔SUPERTREND IN BUYERS POSSESION ✔Fib retracement could hit for continuation @ 23.6% ✔4H Time frame 8,459 Pip Analysis
GOOGLE NASDAQ:GOOG - Feb. 26th, 2024 BUY/LONG ZONE (GREEN): $144.50 - $154.80 DO NOT TRADE/DNT ZONE (WHITE): $139.60 - $144.50 SELL/SHORT ZONE (RED): $131.15 - $139.60 Weekly: Bullish Daily: DNT 4H: Bearish The zone around $140 has been supported to the bullish side three times since Jan. 17th, 2024. Currently price is back at the zone after creating bearish...
DOGEUSDT 3D | HTF Levels If I can see a retracement to the MO area, from there the price can go to the upper levels. Happy trading
At the start of last week, things didn’t look great for the bulls. There were several signs of weakness that could have easily led to a daily trend reversal. However, that didn’t materialize. Firstly, on Monday, buyers were able to set a daily higher low. Then, on Wednesday, they positioned the price very close to the previous two weeks' high. Finally, with the...
Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to...
EURUSD yesterday rose to the resistance zone around 1.0855 and formed a selling pressure zone for us. You can enter a sell order with the bearish candle marked with a red arrow as shown in the chart. Currently, the market is turning bearish. If you look at the low time frame, you can see this downward trend much more clearly. Our current trading strategy is...
Today's focus: Gold Pattern – Price range Support – 2154 Resistance – 2187 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily. What are we discussing and asking today after looking at Gold? Could a close above resistance be the move that starts a new continuation higher? If we see a break below support, this could be...
Navigating Waves: Decoding AUDCAD's Intriguing Journey 📈🌊 Unraveling the Downtrend: A Chronicle Since December 23rd Since December 23rd, the AUDCAD forex pair has been riding the waves of a persistent downtrend. 📉 This downward trajectory has been marked by consistent lower lows, signifying the dominance of sellers in the market. Traders and analysts have...
We have broken the previous trend, we are beyond the support shown in the picture, so we continue our upward journey in this trend channel.
GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good....
Gold prices continued to slide in the last session of the week after the strong decline signals mentioned previously. Although the buying force is returning this morning, regaining most of the previous reductions, this move has not significantly changed the situation, you can still keep your existing selling strategy, especially We now have an additional bearish...
The recovery of the USD during the day put pressure on gold. After sliding to a one-week low, the US Dollar Index reversed course and posted a 0.7% gain, making gold more expensive for overseas buyers. According to TD Securities commodity strategist Daniel Ghali, the strong buying pressure after the policy meeting appears to have dried up and gold is correcting...
see and watch :) After a good move and breaking the important resistance and stabilization... it is ready to move towards the next targets...