💷GBPJPY💴 Weekly 04/08/2024 Weekly High: 192.939 Weekly Low: 189.988 Chart Pattern: Descending Channel 💎Sell GBPJPY @ 192.6 - 192.8💎 Tuesday 04/09/2024 09:30 AM EST 193.2 StopLoss —> 192.55 BreakEven+ 💎Sell GBPJPY @ 192.5 - 192.9💎 Wednesday 04/10/2024 08:29 AM EST 193.7 StopLoss —> 192.45 BreakEven+ 💎Sell GBPJPY @ 192.2 - 192.6💎 Thursday 04/11/2024 04:19 AM...
🥇XAUUSD💵 Weekly 04/08/2024 Weekly High: 2431.47 Weekly Low: 2302.89 Chart Pattern: Ascending Channel 💎Buy Gold @ 2320 - 2300💎 Sunday 04/09/2024 09:00 PM EST 2260 StopLoss —> 2320.5 BreakEven+ 💎Buy Gold @ 2340 - 2320💎 Wednesday 04/10/2024 09:31 AM EST 2280 StopLoss —> 2340.5 BreakEven+ Richard Eyo ~ The Wizard 🧙♂️
The EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level...
HEG ltd cmp 1882, market cap 7264 cr, company is leading manufacturer and exporter of graphite electrodes. PE vs ROCE ratio is better as compared to another leading player graphite India. My concern is the fall in Operating margin trend. Holding% Dec'23 promoter 55.77( 59.62 Mar'21), FII 6.85(9.43 Mar'21), DII 8.85(7.41 Mar'21). Infact some new mutual fund...
-Failed back below horizontal breakout level and previous ATH -Below 9, 21, 50, and 55 daily moving averages -From failed moves come fast moves -Major support at confluence of: 1. March 2024 low 2. 89 Daily ema, 3. Rising trendlines Dec 2023, Jan 2024, and Feb 2024 highs 4. Rising trendline connecting Jan 2024 and Feb 2024 lows
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could be looking at some pullback and rejection and looking to short GbpNzd, let's monitor it along the week. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess. Majors capitulated. Watch for some bounce if u want to long pairs like EU GU...
Hi folks today I'm prepared for you Binance Coin analytics. Recently price made impulse down to the trend line, thereby breaking the support level, which coincided with the support zone, but soon BNB rebounded from this line and rose back. After Binance Coin broke the 546 level again, it continued to move up to the resistance level, which coincided with the...
The USD at the start of the year was trading near the 100 lvl but has managed to push above the 106 lvl in a little over a few months. If price is able to break out of the 107 lvl, there isn't to many resistances for the USD to break (the 108 could be one) and price might be able to hit the 114 lvl made in 2022. With the CPI data coming in a little higher then...
Crypto Analysis (13th April 2024) BTCUSD Analysis On the Daily Timeframe, Price action has created a Huge dump due to the 800+ Million Liquidation across multiple different exchanges. Nothing fundamental changed about BTC just yet. Just the usual happenings in the crpyto space. Price has reached a daily orderblock and has shown strong rejections from that key...
Hello traders, we want to check the USDCAD chart. The price is moving in an ascending channel and has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will fall to around 1.36600. Good luck.
Hello traders, we want to check the AUDUSD chart. The price has reached the specified support level after a downward movement. We expect this level to stop the downward trend of the price and the price will increase to around 0.65000. Good luck.
as the market have completed the support of our current structure we are waiting for the market to show us any reversal signs to confirm the current support is strong, we will be able to look for taking buying opportunity's. TVC:GOLD what are my entry criteria : any Bullish correction any Bullish engulfing any bullish channel with broken and retested...
US Labor Market Data Preview - Friday, April 5, 2024 To analyze the market's reaction to today's NFP data, it's crucial to review past market events. The Federal Reserve needs two conditions to ease interest rates: 1) Continued downtrend in inflation 2) Weakening labor market. Therefore, today's NFP data is the most critical news release. Previous NFP...
Hey traders Congratulations.. "Unlocking the Potential: DXY Analysis Indicates Long-Term Highs Ahead" In the dynamic world of forex trading, the US Dollar Index (DXY) stands out as a key indicator of global economic health. Recent analysis suggests that the DXY is gearing up for a significant move towards long-term highs, presenting a compelling opportunity for...
Another great week to be trading Bitcoin; i hope you guys traded this week because it was a very volatile week to trade.
Unfortunately, bad things are happening in the Middle East. I expect further weakening of the Israeli shekel up to the level shown in the picture. It may even break through that level, it also depends on how the Israeli-Iranian conflict develops.