Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.713 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
audjpy will drop due to the PDH ,PDW has been reached so now chart haves too retest back dow to the PDL PWL and PML (IT a SHORT)
Hello,Friends! The BB upper band is nearby so EUR-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.622. ✅LIKE AND COMMENT MY IDEAS✅
After seeing the necessary confirmations, you can enter the purchase. Otherwise, with the area failure in pullbacks, sell.
Hello,Friends! We are now examining the GBP/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 193.922 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the GBP/CHF with the target of 1.131 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
GameStop shares recently surged by 118% in two days, coinciding with the return of Keith Gill, known as "Roaring Kitty," who ignited interest with a cryptic social media post. This event underscores the ongoing challenge that meme stocks like GameStop pose to traditional financial analysis. Historically, GameStop experienced a massive spike in January 2021, with...
Gold is on buying pressure towards 2400 however ,its rejected from 2370 resistance . todays multiple news are coming ahead, I do expected PPI numbers are higher that helps gold on selling pressured will retrace asap on CPI which gives the sell trade on gold .Our targets will 2348-2353(in extension 2330). on the other hand if the numbers are negative the 2370 will...
Time Frame: 4H Symbol: GBPUSD Entry: 1.26172 TP: 1.27507 SL: 1.25143 Bias: Long The current value example of GBPUSD is showing a long bias yet we are expecting a short move from the current economic situations thinking about the help opposition and standard deviation.
hello guys im here for a new gold forecast . the price perfectly moved according my last forecast and +340 pips profit done. after eur data gold went up strong and made double top .there is a strong resistance in 2400 level .price rejected from this level many times . 2383 and 2391 also are important level i expect after usd news gold from these level if sell...
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the strong resistance level which is 38.2% fibo retracment level as well. The market is currently consolidating following the bullish move. We anticipate a 38.2% pullback to the support level and a trend continuation potentially making new...
Upcoming Earnings Release: NVIDIA Corporation (ticker: NVDA) is scheduled to report earnings on 22 May. The consensus EPS estimate for the fiscal quarter is $5.15. The reported EPS for the same quarter a year prior was $0.88. Bulls In Control From the Ichimoku Indicator, you will see that the Leading Span A crossed below Leading Span B, but the thing to...
We expect a nice move towards upside on EURUSD from this area. If the price decide to invalidate this zone there is a high probability that we will dump .
Hello, fellow traders! I hope your trading week has been nothing short of fantastic. The recent movements in the gold market have certainly been thrilling. However, as we all know, prices in trading don't ascend perpetually, and it's crucial to adapt our strategies accordingly. Let's delve into a promising opportunity presented by gold. Hello, fellow traders! I...
Looks like a good Risk reward at this point. Until breaks my Stop loss below worth taking the risk from my angle.
Bank Nifty Levels (for 16-05-2024 to 22-05-2024) Note: 1. If the trendline is broken above, then 48483 will act as a first resistance ad 49273 will be a second resistance. 2. Two hours' time will give the exact trend of the market. 3. In the worst scenario there is a possibility that BN moves down towards 46990 and 45750 level. 4. These ideas only for learning...
USDZAR will gain strength due to the DXY gaining strength an the AXY losing momentum