CDSL Prediction for Swing/ Posional Trading
First breakout at Entry 1 level and this entry 1 retested. You can entry now . There is a resistance 1545-1670 level. You can enter in trade at Entry 2 level above 1360 or above Entry 3 above 2045 close weekly basis or you can entry at any of the above levels according to your experience.
SLs- 1100,1050 (...
We have remained bullish the US dollar the past few weeks, and continue to suspect there are plenty of shorts to be covered as markets finally concede that fewer Fed cuts are coming this year and already priced in.
The dollar has posted a strong rally YTD, and after a brief consolidation momentum is trying to turn higher with a bullish outside candle. It's not...
Like NZD/USD, the Aussie is refusing to roll over despite a strong US inflation report. That is in itself a sign of strength.
The daily chart is yet to see a close beneath the Q3 open, and the lows are holding above the 50-day EMA and 38.2% Fibonacci level. A bullish RSI divergence also formed from the oversold zone to suggest a swing low has formed or is...
Index futures held their ground overnight, and the US dollar's rally is showing signs of near-term exhaustion. And that indicates a subtle change in sentiment ahead of today's open.
The DAX found support at its 50day EMA on Wednesday, which is just above the 2021 high. Given a small-ranged bullish hammer formed alongside higher volume suggests a 'change in...
Building upon the previous analysis of EURAUD as shared in the link:
The recent price action indicates a ranging phase before a potential break of the previously identified Monthly Support Level. Considering the principle that larger time frames involve longer accumulation phases before transitioning into trending phases, it seems plausible that a downtrend...
AUDCHF is trading in a bearish trend.
After a strong selling wave, the pair was consolidating for 2 weeks
within a narrow range on a daily.
Yesterday, the support of the range was broken.
We see its retest now.
I expect a bearish movement lower.
At least to 0.5636 level.
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ITI Prediction for Swing/ Posional Trading
First trendline breakout at Entry 1 level. You can entry at Entry 1 level above 125.5 but there is a resistance 132-134 level. You can enter in trade at Entry 2 level above 134 close daily basis or you can entry at any of the above levels according to your experience.
SLs- 122,118,112( according to your...
Following US dollar strength looking at DXY during the final hour of trade this morning on the US markets, both DXY and UUP represent a potential bearish opportunity should momentum continue and lower highs and lower lows be made past the current position, aligning with technical indicators of RSI and DMI. Personal stop loss for the trade would be the high of the...
The stock is in a strong uptrend in all Higher time frames.
The RSI is above 60 in D,W,M.
The stock is showing a volatility compression in Daily timeframe.
One can look to enter at 118 and look for swing targets of 128, 137, 150.
DEN Networks Prediction for Swing/ Posional Trading
You can enter into trade above Entry level (49) daily close basis . CMP is 47.10 . There is a resistance 48.40-48.70 level. It can again come to 45 level or touch more low.
Strong Supports are shown in the chart.
Targets- 57,71,94,100,…
Intermediate Targets- 51.5,54,60,63,66,69,80,86,92,98,.....
Consider entering a long position on the NZD/CHF pair at 0.53160 with a stop loss set at 0.51933. This trade reflects a potential upward movement based on my analysis strategy. The risk-reward ratio stands at approximately 1.9, offering a favorable balance between potential gains and losses. Monitor market conditions and be prepared to adjust the position accordingly.
After a strong bearish impulse, EURCHF was consolidating for 2 weeks
within a narrow range on a daily.
Yesterday's CPI report triggered a bullish reaction on the pair.
It managed to violate the upper boundary of the range.
I think that the market may start a correctional movement now.
Closest resistance - 0.94
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