In the most recent trading session, the Nasdaq, mirroring the broader trend observed across major US indices, underwent a significant retracement following an extended period of bullish momentum throughout the year. The Nasdaq's price descended to a demand zone situated approximately at the 50% level from the preceding swing on the daily timeframe. Subsequently,...
The dollar index held around 105.6 on Wednesday after losing 0.4% in the previous session, weighed down by cooling US private sector growth which supports the case for Federal Reserve interest rate cuts. Data showed that US business growth slowed and signaled only a slight expansion in April as both manufacturing and services activities eased. The greenback also...
Bias is Bullish. Price has rebalanced the +FVG, and now looks ready to target the buyside LQ, providing the FVG holds firm. Expecting an Internal->External move. We are just shy of the 2nd standard deviation. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate...
US100 Near Strong Resistance Areas US100 broke down from and ugly variation of a bearish Head & Shoulders pattern. It is ugly because the price moved up and down for a long time without any clear direction. Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline. Considering that the trend is still...
Hello Traders I'm looking at the ftse since the start of the week but wasn't able to catch a good setup, now it seem like one. If the risk environment stays positive we can see more upside but this is a decent short term trade as well TP1 at asian session high
Nasdaq (NDX) finally hit yesterday our long-term bearish Target (17130), which we called a while ago (March 12, see chart below) but was postponed due to the Double Top formation: The index is now on a mixed sentiment as even though it is on a correction sequence below the 1D MA100 (green trend-line), the 1D RSI hit the 30.00 oversold limit as this Bearish...
Since yesterday 22447 to 22481 is again and again blocking the Nifty rally. Only after 22481 is crossed and held we will see the rally continue further. Further resistance will be near 22558, 22612, 22692 or even 22780+. In case the resistance proves strong enough the supports will be found at 22376, 22342 and 22290. If 22290 is broken then further supports will...
US stock indices are attempting to halt their declines on Monday after heavy selloffs last week. The US 100, which focuses on the technology sector, dropped over 5% last week, its worst weekly performance since October 2022. The index is down over 8% from the highs at the end of March. Resilient US economic data and geopolitical concerns have pushed investors...
US100 Has made its way up as predicated its still within our sell zone so we would be looking for short entries soon provided theres a rejection at the neckline of the double top formation
After reaching its ATH on March 21, the NAS100 has corrected in recent weeks. We have retraced to its OTE zone, recovered large pockets of liquidity and filled the imbalance. The market now seems to have turned around, closing 3 days in a row higher. I think the NAS100 will be looking for a new ATH in the coming weeks, as the trend remains bullish in the...
Hello Traders, This is our master plan to Heist Bullish side of US2000. My dear Robbers U can enter at the any point above my entered area in MA Pullback, Our target is Caution Red Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make...
Hello fellow traders This is my idea on the DXY, the dollar index is a done with its retracement on the Daily timeframe and is about to continue the bullish run,,
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
The dollar index broke the consolidation zone of the 106.200-105.500 range. the market broke out to a downside level and now tested its 105.500 level of support that's become resistance. If the market rejects this level then more downward to 104.800 which is the support and demand area.
Dollar Index prices are still in an uptrend. There is a chance that the price will test the 107.14 resistance zone. If the price cannot break through the 107.14 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Bank nifty Spot at 0.618 level at strong resistance zone Down Target = 47300-47200
Nifty opens with positive note, and traded between 22360 to 22420 range throughout trading hours. At the end of the day nifty was up by 31 points. Nifty has formed shaven head red body candle on daily chart. Candle is trading above 20 Days Exponential Moving Average Line. Nifty is able to hold 22300 level and broke the resistance level which was 22276 so,...