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Fundamental_trading_ideas

Audjpy signalAfter the release of strong employment data from Australia, the AUD/JPY currency pair increased by more than 100 dollars. Considering the interest rate differential between the two countries and the lack of further rate hikes in Japan, the likelihood of the first scenario is higher. The second scenario is more likely if the market becomes risk off, leading to the rise of safe-haven currencies like the Japanese yen. In that case, we would expect to see a decline in the AUD/JPY pair down to the bottom of the triangle pattern. Target for the first scenario (long trade): 101.425 Target for the second scenario (short trade): 99.705
Long
by Market-Analyzer
Gold's sharp rise at the start of the weekMonday 27 November 2023, Asian session, gold rose significantly until it touched 2018, making an increase of +$16 from the open price. after October prices failed to break above 2000. This early week we traded gold above 2000 (last time in May). It is not surprising that the movement of gold was predicted last week, when US data was not strong enough to strengthen DXY and 10YT. Traders is showing a response to the Fed's future policy direction to end the cycle of increasing interest rates and start easing next year. a weaker USD makes gold cheaper against currencies. We can call this week FOMC week because starting today (Tuesday) many Fed officials will provide statements regarding macroeconomic conditions. On the other hand, this week there will also be the release of GDP and PCE data as a benchmark for the rate of inflation. Of course, this week will be volatile week because there are unwritten data (Fed Statement) and release of written data that is needed to analyze prices. IMO, there is room for consolidation that needs to be considered, including 2016, 2009, 2005, and the psychological number 2000. if failed break above 2016 we will see the possibility that price will consolidate or retrace to that key level. if pass 2016 there is 2020 or 2030 as nearest resistance.
FXOPEN:XAUUSD
by yongkypurnomo
BTC Swing AnalysisHi friends. Today im going to take a brief look at Bitcoin. According to New Cryptocurrency market Catalyst , I mean launching PayPal Stable coin , we can look at BTC chart Technically better. So lets take a look: 1.After reaching price to the Middle line of drawn channel , it failed to break it. so went approach lower channel line that overlapped with a strong support level(28000-28800 level) 2.When we reach this level , an Engulfing candle appears in 4H timeframe. 3.We have a strong fundamental Catalyst about PayPal stable coin(Remember that past Bullrun to 67000$ level starts with accepting Bitcoin by PayPal) 4.If we pass this area , the first target is 31800 and after that we have a strong resistance at 36500 level. 5.Classically , price is shaping a flag pattern that its target is the middle line of growing channel in around 33000 level. Hope you enjoy my view in Bitcoin. Share me your opinion in comments. What do you think?
Long
by TraderAmin-KZ
6
WHY INVESTORS IGNORE STRONG FUNDAMENTALGLS NSE Shares: Market Cap ₹ 5,428 Cr. Current Price ₹ 445 High / Low ₹ 800 / 376 Stock P/E 12.8 Book Value ₹ 161 Dividend Yield 2.42 % ROCE 96.9 % ROE 61.0 % Face Value ₹ 2.00 EPS ₹ 134 Industry PE 24.3 Debt ₹ 3.64 Cr. Debt to equity 0.00 Earning Power 26.5 % Promoter holding 82.8 % FII holding 8.32 % DII holding 0.47 % Pledged percentage 0.00 % High price all time ₹ 800 Low price all time ₹ 376 Market Cap to Sales 2.63 No. Eq. Shares 12.2 Public holding 8.36 % Earnings increasing yearly. Technically Indicators Oversold Forming daily chart triangle. Bullish above 465 1 day close SL: 425 Target 800 Risk is yours and Reward is too yours totally Time Frame : 1-3 Years
NSE:GLSLong
by Kuldeep_Share
MORE ROOM FOR EUR WEAKNESSEUR/USD looks likely to touch the previous october 1st lows of 1.09000. Price broke through the support trend line on the Daily timeframe. Also the price is firmly below the three moving averages( 50, 100 and 200) which suggest that this market is in a downtrend. Last week, we had the European Central Bank Monetary policy and rate decision. Overall the event was Dovish or negative following President Christine Lagarde's comments. When we drop to the 4Hour timeframe we could see that price bounced off the 1.09989ish level and it is approaching that level again. A break below this level could expose 1.09057 which is shy of 90 pips for a risk of 45 pips. Stay tuned for updates for this currency pair.d
Short
by ruebenmira
BTC Long-Term Bottom Coming – Are you ready? Takeaway for Investors: Dollar cost averaging during the coming weeks has great risk-reward setups. Takeaway for Traders: The true bottom is closing up, and once we turn to the bull side, price will move quickly. Be ready when that break-out happens and execute with determination. (Eg. without proper mental preparation/discipline, it would be tough to catch 3k – 13k run.) Can we drop again to 3k? From this analysis alone, yes, we could. (And the transaction volume would likely rise higher in that case.) Why is the long-term bottom closing if 3k is possible? Fundamentally speaking, we’ve established a bottom already. Any further drop in price would likely be a speculative overreaction or whales manipulation attempting to accumulate at better prices. As long as the transaction volume is rising along with the price drop, bitcoin’s true value is holding and it is just a matter of time before we enter another bull cycle. If bitcoin truly becomes worthless, the transaction volume simply won’t hold. “The bottom is mostly likely in, anything lower will be just a wick in the macro view.” – Willy Woo (12/7) Different from the idea below, the transaction volume here used is measured in BTC not in $. This allows easier identification of volume bottoms. As a result, different bull cycles could appear in different scales given the fluctuation in BTC prices. Our point of interest here should be focused on when new volume bottoms establish, and when the momentum picks up from the bottom.
BITSTAMP:BTCUSD
by Phi-Deltalytics
27
Gold: Bears now eye the $1,201 50% retracement Gold is stationary in Asia on Monday as the markets consolidate with a US holiday to get through before key events such as US CPI will hit the slate. Gold has been suffering on higher US rates and the recent Fed comments which have been supporting the upside bias in the dollar. If bears can stay below the 50-D SMA now at 1210, having broken the 38.2% target and the 30th Oct stick's lows at $1,212, the next key target is the $1,201 50% retracement. Bulls will need to get back above the $1229 (key pivot) area that then opens $1243 (Oct. 26 high) before the $1250 (psychological level) and the July high $1,266.
OANDA:XAUUSDShort
by reyrockstreet