Currently there are almost more buyers in the market GBPUSD is bullish! We believe we are in demand zone and we expect a move! There could be a short-term long position opportunity. These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
CMP: 2916 | Industry: Chemicals P/E: 26.3 | Industry P/E: 29.9|ROE: 13.7% | ROCE: 27.1% |BV: INR 503 | EPS: INR 111| MCAP: 32,033 Cr. Aggressive Entry: 2,916 | Resistance Levels: 3,152 | 3,552| 4,076 Stop Loss: 2,680 Confirmation entry levels > 3,049 | CCI: -82 | EMA (9d): 2,793 | S. RSI: 25 Analysis: GFCL has been in the formation of a symmetrical triangle...
the resistance level 102.751 DXY made a pull back from, giving a 4H bearish momentum candle i expect DXY to retrace to below 101.642 or 101.372 SSL
Nifty 50 Equal Weight index to Nifty 50 index relative strength (NIFTY50EQUALWEIGHT/NIFTY) chart seems to have broken out of an ascending triangle type consolidation on the weekly time scale. The price action on the relative strength chart has broken out of the consolidation and has completed the retracement on the support/resistance zone. Will we see a...
Hi Traders! Forex Weekly Recap for 07–11 August, 2023: Fundamentals The Bank of Japan (BoJ) released its latest Summary of Opinions from their last monetary policy meeting on July 27th and 28th. The key notes were: One member said there is still a significantly long way to go before revising the negative interest rate policy, and the framework of yield curve...
GBPUSD gave a star pattern after taking the sell side liquidity at 1.26602 which indicate a possible short- term buy, but i expect GU to take the liquidity at 1.26876 before pushing to the upside in to the the supply zone around 1.28066 - 1.27655
USDCHF on the daily time frame is still bearish ,after taking the liquidity around 0.87924 level mixed with bearish engulfing pattern and momentum candles, expecting a potential bearish move to the downside for a liquidity grab at 0.86624 ,0.87007 or 0.87175 price value
GOLD took the SSL and react on a demand zone given a bullish engulf pattern hence expecting a possible bullish move bellow 1937.48 for liquidity grab at 1947.06 in to the supply zone, note that the supply might give a bit of retracement
US30 react to 35680.60 historical price level giving a 4H bearish engulfing which could indicate a possible retracement to 35352.39 or 35261.98 price value
Hi Traders! Forex Weekly Recap for 31 July–04 August, 2023: Fundamentals Federal Reserve's Kashkari noted that the door remains open for a rate hike in September as the Federal Open Market Committee (FOMC) remains data-dependent. He also noted that, as it currently stands, it appears that the US will avoid a recession, and he hopes that remains true. The...
EURUSD show a 4H bullish momentum candle (BMC) on demand zone which could indicate a short-term buy to price value 1.10476 liquidity.
GOLD bulls has loose it after hitting a supply zone 1985.35 along side with a bearish momentum candle expect more to the down side
NDQ100 is back on the supply zone expecting a short term sell to 15503.35 price value since NDQ100 have taking the BSL 15788.20 in to the zone going long is risky
USDCAD will further push to the upside after taking the BSL 1.32339 to a possible rise to 1.33044
dxy shows a strong bullish momentum candle, there is possibly for a potential rise after dxy takes out the BSL in to the demand zone with engulfing pattern expect further rise in to 102.214 zone
USDCHF indicate a possible potential buy by indicating a bullish momentum candle, USDCHF will riseto 0.87578
after taking the Buy side liquidity as in 1.28740 GBPUSD hence a short-term sell to 1.28067
DXY react on a strong demand zone expect more buys.