Attention Traders, In tomorrow's trading session, our focus is on USDCAD, with a strategic eye on a potential buying opportunity around the 1.35700 zone. Currently, USDCAD was trading in a downtrend and successfully managed to break it out, currently is approaching the retrace area at 1.35700. Augmenting our analysis with a fundamental layer, recent Non-Farm...
Greetings Traders, In tomorrow's trading session, our focus is on USDCHF, with a keen eye on a potential buying opportunity around the 0.90000 zone. Currently, USDCHF is entrenched in an uptrend but undergoing a corrective phase, nearing the significant support-turned-resistance level at 0.90000. Adding depth to our analysis, a fundamental layer underscores our...
Here is my latest structure analysis and important key levels to trade on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Welcome to a new promising and productive trading week! Overall, EUR has proven its strength with a spectacular Breakout, completely escaping the resistance level of 1.0800. It was an impressive move from the bulls. Traders' focus turns to data next week, with the release of US inflation data and consumer sentiment. On the EU side, the European Central Bank...
Hello all of you! Currently, the GBP/USD exchange rate has regained momentum and remained stable above the 1.2600 level during the US trading session. Earlier in the day, stronger-than-expected NFP growth data from the US created a boost for the USD and put heavy pressure on the pair. However, the bullish momentum remains solidly above 1.2600, which gives the...
Hello everyone, let's discuss our strategy for the new day! In general, EURUSD experienced a significant increase yesterday, with a rise in price surpassing the 1.0840 level. It is currently trading at a new high of 1.0848, after reaching a milestone of 1.0860, marking a 0.02% decrease during the day. So, what are the reasons and factors that have driven this...
Hi everybody! Today let's discuss XAUUSD. Overall, XAUUSD experienced significant volatility yesterday, specifically breaking through the market's psychological resistance level at the $2070 mark despite market buying pressure weakening. It is currently trading at a new high of $2271 after hitting the 2289-2290 mark, marking a 0.45% decline on the day. So what...
Hello wonderful friends of Ralph Benjamin Let's look at the trends and discuss the next strategy for today! Overall, USDJPY has experienced significant price conflict (indicated by a previously broken resistance line in the market cap-expanding bullish channel) with price gains moving past the 150.00-151 level .00. It is currently trading at a new high of 151.74,...
Hello dear friends! Let's recap the market and discuss our new plan, shall we? Overall, the EURUSD downtrend continued last week. Strong resistance at the 1,080 mark could not cause the EU to break through and the downtrend continued. Currently, EU is trading at the 1.073 mark marking a 0.1% decline on the day. At the same time as indicated (on chart 1D) there is...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 151.500 zone, USDJPY is trading in uptrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area. Trade safe, Joe.
The technical analysis of V-Guard Industries suggests a compelling swing buying opportunity. The reasons are listed below : The stock has successfully breached a significant resistance zone at 270-280, showcasing potential for an upward trend continuation. The presence of a robust bullish engulfing candle on the weekly timeframe, coupled with the stock...
Rallis India , a leading player in the agrochemical sector renowned for its innovative solutions and commitment to sustainable agriculture, showcases promising potential for swing trading amidst favorable technical indicators. Reasons are listed below : After multiple tests in the 270-290 zone, Rallis India has finally breached the resistance, signaling a...
Chambal Fertilisers , a prominent player in the fertiliser industry, has recently garnered attention for its intriguing price action and technical indicators, prompting a closer examination for potential trading prospects. Reasons are listed below : Recent price action witnessed a breakthrough of the strong resistance zone at 350 levels, indicating a potential...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average. Patterns : ...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ALPHA (Update) The Descending Channel Breakout Has Done & Retesting In Process✅ Looks Extremely Bullish For The Midterm⚡️ +400% Profit Potential In The Long Run✍️
Ralph Benjamin hello everyone! On the 1-hour chart, the uptrend channel is still working well. If GU overcomes the resistance level of 1.2648, it will create more upward momentum for GU in the next trading session. Wishing you all the best of luck.
EURUSD This Week: Continuing uptrend or is there a correction coming? Faced with the challenging question of EUR's direction this week, we see that the pair is maintaining a notable bullish streak, reaching 1.084 during Thursday's trading hours. In the short term, technical indicators continue to support the upward trajectory of EURUSD. The pair is attempting to...
BTCUSD Trading Strategy: Overall, BTCUSD has formed a pattern on the 1D chart. It is currently trading steadily at high levels around $67,500 and is near the 34.89 EMA active zone. Currently, the trend is still unclear. These are the two cases mentioned on the 1D chart. Strategy 1: Breakout above the triangle and accumulate above this level to increase the price...