📌 GBP/USD has bounced back and is trading around 1.2470 after UK CPI data beat market expectations. 📌 Inflation in the UK has now fallen to 3.2% in March, lower than the previous month's 3.4% but higher than market expectations of 3.1%. After the CPI data was released, the British Pound regained its upward momentum as rising inflation may affect the BoE's plan to...
Short Term Trading Advice by Naranj Capital Buy Valero Energy ● Buy Range- 168 - 172 ● Target- 180 - 183 ● StopLoss- 164 ● Potential Return- 5-6% ● Duration- 12-14 Trading Days
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
The recent weakness in the yen, which comes despite the Bank of Japan's first interest rate hike in 17 years, has prompted warnings about possible Japanese government intervention. The warnings, especially comments from Japan's top currency diplomat Masato Kanda, helped stabilize the yen. For now, the focus is on upcoming consumer inflation data from Tokyo, due...
Pair : Germany30 Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line Completed " 123 " Impulsive Waves Break of Structure Fibonacci Level - 261.8%
Price in 5 mins shows unreasonable price & volume formed. Despite high volume traded intraday, but the stock price stays within the range. This could mean the "Jedi" are holding the price up while churning volume to looks good to the public. From our analysis, we find these price movement a price peak & a possible short term retrace is building up. Which going...
Today I will be especially trading small and holding because its a tricky trading day. I've noticed a consistent pattern of tues to wen trading making a pivot on some pairs and changing direction. FOREXCOM:GBPSEK OANDA:XPTUSD FX:USDHKD OANDA:USDTHB TVC:VIX
There is a series of negative news for crude oil. Crude oil is currently around 77.6. After the decision to extend voluntary production cuts into the second quarter was announced, oil was sold off, indicating underlying weak demand. What is even more worrying is that Russia agreed to voluntarily cut production last year, and then voluntarily cut production by...
FX:USDCNH FX:EURAUD FX:EURGBP FX:USDSEK FOREXCOM:GBPSEK FOREXCOM:GBPDKK FOREXCOM:GBPNOK OANDA:EURNOK w-t
Shiba Inu token has been grabbing momentum as of late. On the 1W and 1D charts, a distinct W is beginning to form with us being a little above the second trough at the time of this idea. I drew a crude Fibonacci retracement -- it is crude because I am not 100% that I am using the retracement tool accurately BUT there are three fibonacci retracement levels that...
Most Asian currencies rose slightly on Tuesday, easing some of the dollar's slight decline before a key inflation gauge is set to give more signals on US interest rates in this week. However, gains in the region's currencies remained limited, with most currencies remaining within trading ranges established over the past two months. The greenback also remained at...
The greenback edged decrease in early European alternate on Thursday, with hazard sentiment buoyed through Nvidia`s sturdy income, at the same time as investors awaited the discharge of enterprise interest surveys. critical for locating clues approximately the fitness of the worldwide economy. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the dollar...
USTECH Trade Plan Timeframe: 1D #NDX100 #NASDAQ #USTECH #USTECH #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 1D- timeframe, we've been witnessing a Bullish trend in the USTECH...
Next week I will be catching this short set up on EU. On weekly TF we are still bearish and we have currently broken structure to the downside. Waiting for the .618 fib as usual. I will also try to catch some day trades during the swing in the same direction to leverage this trade. Will post updates here!
Hello Traders, here is the full analysis. Price reversal going up levels for BUY . GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will...
Hello Traders, 📈 Daily chart review : - Affter a long moving in downtrend, in the present, price is near with strong support and has got many times want to pull up. - Now, it is prepairing for a breakout of the downtrend 🎯In my trading opinion: You can buy around 73-74 price zone and target is 80-81 zone. 📚 Remember that: Always follow your trading plan...
Pair : AUDUSD ( Australian Dollar / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A - wxy " Corrective Waves at Daily Demand Zone. Bearish Channel as an Corrective Pattern in Short Time Frame, It has Completed the Break of Structure and Retracement.
During the January 8 session, crude oil prices dropped sharply and US government bond yields increased, causing difficulties for world gold prices. However, in the long term, gold has many grounds for a strong increase in price when the market believes that the Fed will almost certainly cut interest rates this year. ISM's latest PMI report showed that the labor...