#GBPUSD Hello everyone, today I'm focusing on trading the British pound. The context shifted during the London session, and I consider the PDH as the ideal target for intraday trading.
Light Crude Oil Futures (CL): NYMEX:CL1! As mentioned in our morning briefing, oil is currently extremely interesting, partly due to increasing tensions in the Middle East and the destruction of oil reserves there as well as in Russia. Consequently, oil prices have surged significantly. We are currently at a level of $85, but we still consider it quite likely...
Exploring CADJPY, I've identified a prime SHORT opportunity. Technical patterns reveal bearish signals, with the pair encountering resistance at a significant technical level and showing signs of a trend reversal, including the formation of a bearish engulfing pattern. This is coupled with an RSI indicating overbought conditions and a bearish crossover on the...
In my latest analysis of CADCHF, I've pinpointed a compelling SHORT opportunity. Technical indicators suggest a bearish momentum is building, highlighted by the pair failing to breach key resistance and forming a bearish reversal pattern. This is further supported by a bearish crossover in the MACD and an RSI indicating overbought conditions, signaling a potential...
Diving into the AUDJPY pair, I've uncovered a robust LONG opportunity. Technical indicators highlight a bullish momentum, with the pair breaking above recent resistance levels and forming a series of higher lows. This is supported by a bullish engulfing pattern on the daily chart and an RSI moving into bullish territory, suggesting an increase in buying pressure....
Analyzing the AUDCAD pair, I've spotted a significant LONG opportunity. The pair has demonstrated bullish momentum, successfully bouncing off a key support level. This upward trend is supported by the formation of bullish candlestick patterns and a rising RSI, indicating strong buying pressure. Additionally, a bullish crossover in the MACD emphasizes the potential...
Turning my analysis towards EURUSD, I've identified a compelling SHORT opportunity. The pair has been exhibiting bearish signals, with a notable rejection at a critical resistance level and the formation of a descending channel. These technical indicators are complemented by a bearish MACD crossover and an RSI trending below the mid-point, suggesting a...
In the volatile landscape of cryptocurrency, my recent analysis of BTCUSD highlights a ripe opportunity for a SHORT position. The digital currency exhibits several bearish signals, including a failure to breach key psychological resistance levels and the formation of a double top pattern, a classic indicator of potential reversal. These technical indicators are...
Analyzing GBPUSD, I've pinpointed a compelling SHORT opportunity amid prevailing market conditions. The pair is exhibiting signs of a bearish reversal, with key resistance levels holding firm and the formation of a descending triangle pattern signaling downward pressure. Technical indicators, such as a bearish crossover in the MACD and an RSI trending towards...
Exploring the NASDAQ, I've identified a strong LONG opportunity, buoyed by technical indicators and broader market sentiment. The index shows resilience, rebounding from key support levels with bullish candlestick patterns and a rising RSI, indicating growing momentum. A bullish crossover in the MACD further signals strengthening buying pressure. The tech-heavy...
Delving into the US30, my analysis has uncovered a compelling SHORT opportunity amidst current market conditions. Technical indicators signal a potential reversal, with the index struggling to sustain gains above critical resistance levels. This is underscored by bearish patterns, such as a head and shoulders formation, and confirmed by indicators like the RSI...
In the current market landscape, my analysis of XAUUSD signals a potent SHORT opportunity. The technical setup reveals several bearish indicators: gold has encountered strong resistance at a key price level, forming a double top pattern. This is complemented by bearish divergences in the RSI and a bearish crossover in the MACD, suggesting a shift in momentum...
HDFCAMC FUT breaking past multiple patterns ( triangle, cup n handle) as well as nearing its resistance zone of 3800-3810. Risk:Reward - 1:3 Could be bought with mentioned stoploss & targets. not to b missed breakout
Axisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering. Risk:Reward = 1:2 Could be bought with mentioned stoploss & target.
In my latest review of USDCAD, I’ve identified a compelling SHORT opportunity. Technical analysis reveals a confluence of bearish signals: the pair has encountered significant resistance at a key psychological level, accompanied by the formation of a bearish reversal pattern. The RSI and MACD indicators are showing divergence, suggesting that the upward momentum...
Analyzing USDCHF, I’ve spotted a solid SHORT opportunity. Technical patterns and indicators are aligning for a potential downtrend. The pair has repeatedly failed to breach a critical resistance level, indicating a loss of bullish momentum. Bearish candlestick formations near this resistance, coupled with a bearish divergence in the RSI and a downward cross in the...
Turning my analysis towards AUDCHF, I've unveiled a promising LONG opportunity. The technical landscape presents a bullish narrative, with the pair bouncing off a significant support level, indicating a strong buying interest. This is complemented by a bullish engulfing pattern on the daily chart and an RSI trending upwards from the midpoint, signaling growing...
Examining AUDNZD, I've identified a compelling SHORT opportunity. The pair shows signs of a bearish trend, with recent price action failing to break above key resistance levels and forming a series of lower highs. This is coupled with bearish candlestick patterns and a declining RSI, indicating a loss of upward momentum. From an economic standpoint, the New...