GOLD WEEKLY ANALYZING SIGNALSMarket may experience a period of consolidation.
But a a certain time, the market may have a clear directional breakthrough.( It happened)
Gold may have a small shock this week.
Then, at a critical moment , a strong unilateral trend appeared driven by news or data.
This trend tends to have a breakthrough action, but the overall fluctuation may be suppressed to some extent.
IF U SEE A TREND FORMING, YOU CAN CONSIDER FOLLOWING THE TREND, MAINTAINING RETIONALITY AND AVOIDING EXCESSIVE RISKS.
lETS WAIT AND SEE.
Fundamental Analysis
First Neiro On Ethereum | NEIRO, Memes & Moontober Its Moontober and Neiro is 500% up since our first call so it's time to take a closer look at this rising star!
On chain analysis shows that four major entities are holding considerable amounts of NEIRO, Alongside Wintermute, which has gained attention for its trading activities, three other notable market makers and a venture capital firm with large NEIRO holdings
In addition to Wintermute, three other MMs and one VC are holding significant amounts of NEIRO_ETH in their wallets:
– GSR: 15M
– Toka_Labs: 5.114M
– Auros_Global: 3.6M
– Arrington: 5.107M
The accumulation of NEIRO by prominent market makers and VC firms shows growing confidence in the token's potential. These sizable holdings could indicate that these entities are strategically positioning themselves for future market activity or price increases
Investors and traders are expected to keep a close eye on NEIRO as these key players continue to maintain large stakes. The token's impressive price performance suggests it could attract even more trading interest from both institutional and retail investors like coinbase thinking why we don't make money while binance loads memes
Currently, Neiro is priced at $0.0021, marking a 40% increase over the past 24 hours
The circulating supply of Neiro is 420.69 billion tokens, which is also the maximum supply
Neiro’s 24hour trading volume stands at $ 725 million, and it is traded across 22 markets and 17 exchanges, with Binance being the most active ( CZ is back babe! )
Neiro currently holds a 0.05% share of the entire cryptocurrency market, with a market capitalization of $911 million which is damn good
One thing to watch out for: there are several fake cash grab Neiro tokens on various blockchains. So, when purchasing Neiro from DEXs, make sure to double check the contract address to avoid getting scammed
Stay vigilant!
USDJPY Analysis for November 6, 2024: Slight Bullish Bias DrivenUSDJPY Analysis for November 6, 2024: Slight Bullish Bias Driven by Key Market Fundamentals
As of November 6, 2024, USDJPY appears to have a slightly bullish bias, influenced by various fundamental factors and recent shifts in market conditions. Traders and investors are paying close attention to developments affecting both the US dollar (USD) and the Japanese yen (JPY) as economic data and policy expectations guide market sentiment. Here’s a look at the key drivers contributing to USDJPY’s bullish outlook today.
Key Drivers Supporting a Bullish Bias for USDJPY
1. Federal Reserve’s Hawkish Stance
The Federal Reserve has maintained a hawkish stance, signaling a commitment to keeping interest rates elevated for an extended period. This approach supports the USD as higher yields attract investors, driving demand and potentially leading to further gains in USDJPY. If the Fed continues to prioritize inflation control, this could provide a steady tailwind for the dollar against the yen.
2. Divergent Monetary Policies Between the US and Japan
While the Fed remains hawkish, the Bank of Japan (BoJ) is expected to maintain its ultra-loose monetary policy. The BoJ has shown little intention of changing its low-interest-rate environment, making JPY less attractive in comparison to USD. This divergence in monetary policy provides a bullish edge for USDJPY as the yield differential widens.
3. Strong US Economic Data
Recent economic data from the US, including robust GDP growth and stable employment figures, further supports USD strength. These indicators suggest a resilient economy, giving the Federal Reserve more flexibility to maintain or even raise rates. Consequently, the USD is positioned favorably against the yen in the near term.
4. Risk Appetite Supporting USD over JPY
Although JPY traditionally benefits as a safe-haven currency during periods of market uncertainty, today’s risk sentiment leans toward moderate optimism. As risk appetite grows, traders are more likely to favor the USD over JPY, adding another layer of support to the USDJPY’s bullish momentum.
Technical Indicators Highlight Potential Upside
From a technical perspective, USDJPY is trading above its key support level at 150.00, a sign of bullish resilience. If USDJPY can break above the 150.80 resistance, it may pave the way for further gains toward the 151.50 mark.
Conclusion
In summary, today’s analysis indicates a slightly bullish bias for USDJPY, driven by the Fed’s hawkish stance, divergent monetary policies, positive US economic data, and favorable risk sentiment. Traders should watch for potential resistance levels that could influence USDJPY’s momentum in the short term.
Tags:
#USDJPYanalysis
#Japaneseyenforecast
#Forexmarkettrends
#USdollaroutlook
#FederalReservepolicyimpact
#USDJPYNovember62024
#Interestratedivergence
#Forexbullishtrends
#Riskappetitecurrencytrading
Trump’s Lead Boosts the DollarTrump’s Lead Boosts the Dollar
Early results in the U.S. presidential election indicate a lead for the Republican candidate.
A potential Trump victory is seen as favourable for the U.S. dollar, based on Donald Trump's plans to:
→ increase tariffs on key U.S. trading partners;
→ stimulate domestic business and support small-cap companies.
Additionally, the Trump administration may influence the Federal Reserve's rate policies, potentially leading to rate cuts as anticipated earlier.
The forex market has responded with a stronger U.S. dollar, especially against the euro.
On 21 October, an analysis of the EUR/USD chart indicated potential support from:
→ a major trendline (shown in blue);
→ the psychological level of 1.0800.
The price indeed rebounded upwards from this area (shown by an arrow), but recent news has sparked a bearish impulse, bringing EUR/USD below the key trendline today.
It’s possible this bearish momentum could continue, potentially keeping EUR/USD below the 1.0800 level.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SUPPORT AND RESISTANCE OUTLOOKIn this analysis we are focusing on 1H time frame for GOLD. I'm looking potentially buy trade opportunity today, by using support and resistance and price action. And we are using volume and RSI indicator. Let's see what happens and which trade opportunity market will give us. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 1H Technical Analysis Expected Move.
GOLD FORECASTIn this analysis we are focusing on M30 time frame for XAUUSD. I'm looking potential sell trade opportunity in NY session. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
#GOLD M30 Technical Analyze Expected Move.
Can a Crystal Ball Really Predict the Future of Tech?In an era where artificial intelligence promises to reshape the technological landscape, Palantir Technologies has emerged as a testament to the power of long-term vision meeting present opportunity. The company's remarkable third-quarter performance, marked by a 30% revenue surge to $725.5 million and doubled net income, isn't merely a financial triumph—it's a validation of two decades spent perfecting the art of data analytics while others were still grappling with its fundamentals.
What sets this trajectory apart is Palantir's unique ability to bridge two seemingly disparate worlds. On one side, its deep-rooted expertise in government and defense contracts, evidenced by a 40% growth in U.S. government sales to $320 million, demonstrates unparalleled capability in handling sensitive, mission-critical data. On the other, its commercial division's explosive growth, particularly in the U.S. market with a 54% revenue increase, reveals an organization that has successfully translated complex government-grade technology into practical business solutions.
The company's strategic positioning, however, tells a more intriguing story beyond the numbers. While competitors scramble to adapt to the AI revolution, Palantir's Artificial Intelligence Platform (AIP) represents the culmination of years spent understanding the nuances of data integration and security. This foundation, combined with innovative approaches like their hands-on "boot camps" where clients work directly with Palantir engineers, suggests that perhaps the company named after Tolkien's all-seeing orbs has indeed developed a knack for anticipating the future of enterprise technology.
Ready for the US election, GOLD still fluctuates quite modestlyOANDA:XAUUSD volatile without a clear trend, as uncertainty over the US election has fueled market expectations of a controversial outcome and possible political tensions, while investors also Close attention should be paid to the Federal Reserve this weekend during their monetary policy meeting.
The US presidential election takes place on Tuesday, with polls showing Democratic candidate Kamala Harris and Republican candidate Donald Trump in a tight race for the White House.
A Reuters/Ipsos poll last month showed public fears that the US could repeat the riots that followed Trump's 2020 election loss, when hundreds of people stormed the country after he claimed that his defeat was due to fraud in Congress.
If Trump wins, I think gold will fall then rise quickly again because a Trump win will benefit the Dollar and a stronger Dollar means gold will be under direct correlation pressure. However, we will not forget that under Trump, the tariff war and his policies created a long period known as the “Trade War”, which has caused gold prices to increase ever since. up to now.
Another focus this week is the Federal Reserve's interest rate decision on Thursday, with markets expecting a 25 basis point rate cut. Gold is considered a hedge against economic and political instability and often performs well when interest rates are low.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold has reached the support level most recently noticed by readers in the previous issue at the horizontal support level of 2,725 USD.
There has been a slight recovery as of the time this article was completed, but the level of recovery is not significant as the operating amplitude is still very slow while the downward RSI has not been reached yet. level 50, level 50 is considered a support or resistance point depending on the RSI's movement conditions.
In the short term, if gold moves above 2,745 USD, the resistance point you noticed in the previous publication, it will have the conditions to continue to increase further with a target of around 2,768 USD in the short term. , more than the 2,786USD price point of the 0.50% Fibonacci extension.
In a more negative case, gold breaks below 2,725 USD, it is likely to decline further with a target of 2,709 USD in the short term more than the original price of 2,700 USD which is also the price point of the 21-day moving average EMA21. Therefore, the short-term long-term protection level should be set behind the level of 2,725 USD, in the longer-term case the long-term open position protection level should be set behind the original price level of 2,700 USD.
In the immediate future, gold still has an upward trend in the medium and long term with support for the above mentioned price increase, and notable points will be listed as follows.
Support: 2,725 – 2,709 – 2,700USD
Resistance: 2,745 – 2,768 – 2,786USD
SELL XAUUSD PRICE 2777 - 2775⚡️
↠↠ Stoploss 2781
→Take Profit 1 2770
↨
→Take Profit 2 2765
BUY XAUUSD PRICE 2703 - 2705⚡️
↠↠ Stoploss 2699
→Take Profit 1 2710
↨
→Take Profit 2 2715
GOLD is waiting for more information from the electionOANDA:XAUUSD Still waiting for more information from the US Presidential election for a medium-term trend, investors need to prepare for political tensions after polls showed Donald Trump and Kamala Harris are both tied. each other on scores. The presidential election still has a very high possibility of a controversial result, and remember that in the 2020s when Trump lost the race for the White House, there were many riots in the US. protests led to mild political tensions.
With the tight race between former President Trump and Vice President Harris for control of the U.S. Congress at stake, in the event the result is unclear or controversial, this could aggravate further political instability.
Trump has repeatedly said that any defeat can only come from widespread fraud, echoing his claims in 2020. If the margins in key states are as close as expected, there is It may take several days to know the final winner.
Additionally, the Federal Reserve is expected to cut interest rates by 25bps on Thursday, following a sharp cut in September, while adding to US interest rate cuts this year.
Gold is considered a hedge against economic and political instability and tends to perform strongly when interest rates are low. This has helped gold gain nearly 33% this year so far.
Analyze technical prospects OANDA:XAUUSD
On the daily chart, gold's technical structure has not changed much. For more than 3 trading sessions, it has mainly moved sideways, because there has been no sudden impact from the fundamental factors.
Support at $2,725 helped gold recover yesterday but the RSI is still pointing down without reaching the nearest support level at 50. This shows that gold can still A little more bearish, and once the $2,725 support level is broken below it will be open to a little more downside with a target then around $2,709 – $2,700.
However, on the daily chart overall, gold still has conditions to increase with the main long-term price channel supporting the uptrend and the same with the medium-term price channel. The most notable support is the EMA21 level which is also keeping gold above it.
During the day, gold's main technical outlook is bullish with notable technical points listed as follows.
Support: 2,725 – 2,709 – 2,700USD
Resistance: 2,745 – 2,768 – 2,786USD
SELL XAUUSD PRICE 2777 - 2775⚡️
↠↠ Stoploss 2781
→Take Profit 1 2770
↨
→Take Profit 2 2765
BUY XAUUSD PRICE 2703 - 2705⚡️
↠↠ Stoploss 2699
→Take Profit 1 2710
↨
→Take Profit 2 2715
Bullish Continuation Awaiting Channel BreakoutFollowing a bearish retracement within the channel, gold has moved to mitigate support at the key $2700 level, aligning with the main bullish trend. The market is now poised for a breakout from this retracement channel to confirm a bullish continuation, especially as the DXY completes its bullish wedge. follow for more insight , comment , and boost idea
Trump is another name for #bitcoin's parabolic movements!🟢#Trump’s influence, especially in 2016, created a huge shift in the political arena, and this increased people’s interest in alternative financial systems like #Bitcoin.
🟢2016 was a time when Bitcoin started to be noticed by the wider public.
🟢Now, with Trump’s return, there will be a similar wave of excitement in CRYPTOCAP:BTC and the crypto markets.
🟢Interest in assets like #BTC will increase, especially when there is a lack of trust in traditional economic systems or a search for alternative solutions.
Analysis Dollar / DXYConsidering that elections were held yesterday, the market was manipulated overnight.
What I see from my analysis is that the Dollar is in the POI (Point of Interest) zone. Today, I will monitor the movement of EUR, GBP, as well as Gold. The forecast for these currencies is bullish.
Russell 2000 Rejects Demand Zone: Is It Time for Bullish Season?The Russell 2000 Index, a benchmark for small-cap stocks, is showing signs of a potential bullish reversal after testing a previous demand area. While many retail traders are still positioned for further downside, current market conditions suggest a possible contrarian opportunity for a long position.
Demand Area Rejection and Retail Sentiment
The Russell 2000 has recently encountered a strong demand zone that has historically acted as a reliable support area. The index's initial rejection from this level indicates potential buying interest, which could pave the way for an upward move. However, retail traders remain predominantly bearish, anticipating a continuation of the downtrend. This positioning often suggests that the majority expects more selling pressure, which could lead to a squeeze in the event of a reversal.
Why the Long Setup?
Contrarian Approach: When the majority of retail traders lean toward one side of the market, it often creates an opportunity to take a contrarian stance. With retail sentiment heavily skewed towards further downside, a long setup becomes increasingly appealing.
Historical Seasonality: Historical data over the past decade suggests a pattern of upward price movement for the Russell 2000 during this time of the year. The index has experienced notable gains in the fourth quarter in nine of the last ten years. This seasonal trend aligns well with the current technical setup, providing further confidence in a potential bullish move.
The Technical Picture
From a technical perspective, the Russell 2000 has shown resilience at the current demand zone, suggesting that buyers are stepping in. For a confirmed long setup, traders should watch for bullish candlestick patterns, such as an engulfing or hammer formation, on the lower timeframes or even the daily chart. This would provide confirmation that the reversal is underway.
Let’s see how the index performs over the next few sessions. Keep an eye on key levels, and feel free to share your thoughts in the comments!
GOLD → The SMAs are hinting that it's about time ... News!FX:XAUUSD is forming a phase of correction, the reason for which is the change of fundamental background. The pressure from sellers is increasing, and the market is forming a key support at this time...
Disappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold...
All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets believe that Trump's policy will put upward pressure on inflation, bond yields and the dollar, while if Harris wins, the dovish policy will continue.
Technically, traders are taking a wait-and-see approach. The price is forming a range, and most likely gold will trade inside this channel in the near term
Resistance levels: 2745, 0.5 and 0.7 Fibo, 2758
Support levels: 2731, 2724, 2713
SMAs are tending towards each other, which could be a mixed reaction from traders. Markets are prioritizing a Republican victory, in fact, this could intensify gold's correction. But the denouement of the presidential race is tomorrow! For now, the focus is on the flat boundaries!
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
APEUSDT → Is the dump still in progress? Emphasis on resistanceBINANCE:APEUSDT in the dump phase updates lows. Consolidation and a slight pullback is forming before important news from the US. There is a storm ahead!
The coin pump is most likely a manipulation of fundamental facts related to the launch of Level 3 blockchain. But based on the overall situation, traders do not believe in further growth ...
Technically, the coin is in the channel 0.963 (deeper 1.032) -0.900, accordingly, at the time of writing, prices are diving after bitcoin as markets are betting on Trump's victory, which puts a favorable wind on this market. But the outcome could be 50/50 as the politicians in the race go toe-to-toe...
I emphasize the range boundaries to form a short and medium term strategy for APE.
Resistance levels: 0.963, 1.032
Support levels: 0.900, 0.875
Technically, the primary target is resistance. Further we should consider a false breakdown with a possible decline to support, which may lead to a breakout and further decline to the zone of interest 0.733 - 0.695
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:APEUSDT ;)
Regards R. Linda!
GBPUSD → The bearish nature of the market is confirmed. News?FX:GBPUSD behavior on H4-H1 confirms the fact of a characteristic bear market. The price is updating the local minimum and testing a strong liquidity zone before strong news
NFP, Unemployment Rate, ISM PMI are published today. The range of expected data is quite wide. Analysts are expecting an aggressive decline in NFP to 106K from the previous 254K. Do you feel the manipulation before the Fed rate meeting, as well as before the U.S. presidential election?
It is difficult to prematurely assess the fundamental environment due to the challenging economic environment.
Theoretically, the dollar may continue to feel the support in the market, while GBPUSD is sliding downwards on the background of the UK policy.
Technically, the price is testing a strong support zone and a counter-trend correction is forming after capturing some liquidity. Emphasis on 1.300 - 1.305
Resistance levels: 1.298, 1.300, 1.305, 1.310
Support levels: 1.284, 1.281
The news can have quite a wide impact on the market and it all depends on the actual data. I expect to see a continuation of the fall from 1.298-1.30-1.305 as a priority. But! Unpredictable data can turn the situation around. If the currency breaks 1.305 and consolidates above this area, the trend may stagger...
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;)
Regards R. Linda!
NZDUSD → Speculators waiting for news.... FX:NZDUSD is moving into consolidation after a strong and progressive fall amid a halt in the dollar index. Markets are waiting for news related to the US presidential election....
The currency pair amid strong bullish DXY is not practicing attempts to update local highs with the aim of changing the trend to a bullish one. Buyers are not ready yet, and are waiting for November 5...
If Trump is elected, the dollar, supported by a pro-inflationary president, may continue to recover, which, accordingly, will manifest itself in the form of negative dynamics in the currency pair. But, most likely, with the election of a politician from the Democratic Party, the regulators are likely to continue to hold the dovish rate, in which case the NZDUSD will have a chance to change the trend.
Resistance levels: 0.6031, 0.6066
Support levels: 0.5953, 0.5915
Technically, bears continue to hold the dominant position. The area 0.5915, 0.585 is a zone of interest in terms of liquidity formation, thus, there is a high probability of reaching these areas...
Regards R. Linda!
Windlas Biotech LtdIt may retest 525 - buy in 2 parts now and on retest zone
SL - as per your appetite
FUNDAMENTALS
Market Cap
₹ 1,149 Cr.
Current Price
₹ 552
High / Low
₹ 591 / 221
Stock P/E
21.8
Book Value
₹ 200
Dividend Yield
0.74 %
ROCE
14.1 %
ROE
10.5 %
Face Value
₹ 5.00
Price to book value
2.76
Intrinsic Value
₹ 356
PEG Ratio
0.72
Price to Sales
1.91
Debt
₹ 6.31 Cr.
Debt to equity
0.02
Int Coverage
69.8
Reserves
₹ 406 Cr.
Promoter holding
62.8 %
Pledged percentage
0.00 %
EPS last year
₹ 20.0
Net CF
₹ 3.12 Cr.
Price to Cash Flow
18.8
Free Cash Flow
₹ -9.01 Cr.
OPM last year
11.7 %
Return on assets
8.23 %
Industry PE
30.7
Sales growth
21.4 %
XAUUSD:5/11 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2800, support below 2716
Four-hour resistance 2800, support below 2730-16
Gold operation suggestions: Gold was flat in volatile trading yesterday. The price of Asian and European sessions was under pressure at the 2744 mark and gradually weakened. The European session fell back and stabilized at the 2732 mark and rebounded. The US session broke through the 2748 line for the second time and was under pressure and weakened. It finally closed at around 2736. The overall gold price was further under pressure at the 2750 mark and ushered in a suppressed volatile adjustment.
From the current technical level of the daily line, the upper resistance is near the 2800 integer mark, and the lower short-term support is around 2716.
With the advent of the US election risk event, the market is relatively stalemate. For the time being, it is still mainly short-term fast in and out. The upper pressure is 2750. The rebound below 2750 is still maintained during the day. Continue to pay attention to the gains and losses of 2730. The rapid rebound after the Asian session pierced proves that there is still a certain amount of bargain hunting buying below. We need to be cautious today. Note that 2730 has been tested for 6 times in a row. The support is gradually weakening. If it approaches 2730 again, it is also likely to accelerate the decline. In the face of the US election in the near future, the market volatility may be relatively fast. Investors are requested to pay attention to risk control, stay vigilant and pay close attention to the latest news changes.
BUY:2717near SL:2714
BUY:2727near SL:2724
SELL:2750near SL:2754
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
BABY DOGE COIN more gain expectedHello and greetings to all my valued followers and crypto enthusiasts. In this IDEA, I aim to provide some points and overview of the BABYDOGEUSDT’s position. 🙌🐋
As we can observe, in recent days, there has been a remarkable surge in volume for this coin, indicating heightened interest and activity in the market. This significant increase bodes well for a bullish trend, as it suggests that more traders and investors are becoming engaged, leading to an optimistic outlook characterized by green candles moving upward on the chart. 📚✔
In addition to this promising volume, I've taken the liberty of marking key points on the technical chart for your convenience. This analysis reveals two new resistance levels that are set at a higher position compared to the previous four resistance points we identified earlier. These new levels indicate a potential shift in market dynamics and further support the notion that the price of this coin may be on the verge of a substantial increase. 🎇📚
With these developments, it’s crucial to monitor the market closely, as the combination of increased volume and the establishment of higher resistance points often signals a strong upward momentum. As traders, we should remain vigilant and ready to act, as this could be an exciting opportunity for profit in the near future. 📚💡
🧨🧨🧨 Our team's main opinion is Recent volume for this coin has surged, indicating increased interest and a bullish trend. I've identified two new resistance levels higher than before, suggesting a potential price increase. Traders should stay alert for profit opportunities. 🧨🧨🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡