DXY was bearish last week breaking lows, this week in confluence with DXY pull backs we can expect a retracement to the buy areas to take opportunity of the market to continue GBPUSD Bullish Bias.
Conservative Trend Trade 5F + long impulse + SOS bar Calculated affordable stop loss 1 to 2 R/R below 1/2 monthly zone Monthly chart context + long impulse + biggest volume T2 level + biggest volume manipulation Start building position, will add more after there's a set up on inferior timeframe.
Prices Already on Resistance!! If Market Crash Price can go higher up to $2900 (I mean 20% rally). or Opposite, It come down to $2100 to $2000 level It will provide a bearish divergence signal shortly. Keep an eye on it, but make a trade plan in advance. A surge in the US dollar and Treasury yields also brought down the price of gold. Central...
The Australian dollar appears reluctant to break above its resistance level, so we consider selling and targeting the support level below. We believe that the current market conditions suggest a bearish outlook for the Australian dollar, as it struggles to gain momentum above the resistance level. By selling at this point and targeting the support level below, we...
Yesterday market hitting another ATH got everybody excited. However traders should be cautious. Any test of ETH session High could provide direction for the day. Level to watch: 5331 --- 5329
Possible NZDCAD trade scenario Enter with confirmation on ltf Manage risk if Taken Direct entry on THESE zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite...
Nifty 50 support and resistance level for 16/05/2024.
Bank Nifty support and Resistance level for 16/05/2024.
Let's have a look at how the price of TON is moving. Right now, the price is testing the resistance level it hit at $7.637. The first rise in the price came from the volume POC level at $2.117, which led to a rise of more than 270%. After that, the price corrected by 40%. There might be a deeper decline in this move. This could be a good time to buy the asset....
The audusd pair creates a resistance level at 0.66500. The market touched this zone three times.This resistance is very important because last three to four times price stop it's bullish momentum and moved down side towards the support area. if the market holds this resistance level then the market again goes to downward levels.
Nifty takes the support from the bottom line of the channel.
Nifty takes the support from the bottom line of the channel.
NASDAQ:NVDA is the NYSE:GE , NASDAQ:MSFT , or NYSE:GM of prior Great Bull Markets of the past. It is overly influential; when it moves so too do most of the other semiconductor, electronic components, gaming stocks, etc. Too much importance is placed on this one lone stock. It is just one of many companies that are leading this new Great Bull Market....
Sterling ended the week a touch lower versus the US dollar, down -0.2% and snapping a two-week bullish phase. As we enter the second full week of May, the GBP/USD currency pair will be monitored closely ahead of Tuesday’s employment and wage data out of the UK, with technical studies indicating a bearish move could be on the table. Long-Term Picture Price...
Hi Guys, its been a long time since i published an analysis. and I'm back again Gold sore the other day and reached the 2379 level which was the resistance, and has managed to cool off those buyers. As always there are some demand and supply levels to take trade from. Our immediate demand level would be around 53-49 which upon reaching, with confirmation we...
Based on resistance and support levels, price breaking parallel range above 2 year resistance supporting rejection and retracement. further upward move is expected ( if price stays above 2164 ) to 14%-15% price apprx. 2500. *only checking buying position, no short selling !!Personal views only. please do your own research!!
Control changed hands in the gold space (XAU/USD) last week; buyers strengthened their grip, adding +2.5% and snapping a two-week losing streak a whisker off all-time highs of $2,431. Technicals Favouring Buyers Last week’s move was (technically) aided by support on the daily timeframe coming in from $2,280, a level which the Research Team were watching...