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$RKLB What's next?NASDAQ:RKLB RocketLab hit the fourth target and has since pulled back. I hate to say it, but it is losing momentum. Both MACD and RSI are hot. I would love to see it holding above $10 while it blows off some steam. The support region is from $9.90 to $9. Earnings are wild cards; you can never guess the price reaction. But since the stock has run up a lot since the last earnings, I don't expect fireworks. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:RKLB
by PaperBozz
Whale Indicator ($2300 Revenue Available, Congratulations)Hello, I'm Whale Signal Here's a quick recap of the Bitcoin trading ideas I shared in Trading View yesterday Bitcoin is forming a triangular convergence pattern, and we need to closely monitor whether it breaks through the upper resistance line or deviates from the lower low based on the important sell-off. We've explained that, and we've shared some of the main sell-offs that you must check for that As a result, Bitcoin broke above the top of the trend, supporting the main resistance stand within the triangle convergence pattern Following the retest, additional gains were made using the main selling point as a springboard, and the opportunity to realize $2,300 in revenue was provided One thing that's unfortunate is that if a clearer retest had been made after the breakthrough, more people would have easily earned profits In fact, some of those who expected a retest missed the opportunity, but those who entered after seeing the breakthrough rise must have made a good profit because they clearly broke through the sale table and closed it immediately Congratulations to those who responded flexibly as Bitcoin broke through the main selling point and met the rising conditions <> Yesterday, I made the first purchase in the retest section of triangular convergence, and after the breakthrough of the sale table was confirmed, I added the second purchase of burning, and I am currently proceeding with the partial next day The remaining holdings are holding in anticipation of further upside, with the price of StopRose set at the price of the buy We are currently expecting further rise and are waiting for TP2 (target to reach 2) Looking at the price range, we're looking at the early-mid 72K, and you can find the specific price target in the real-time chart link below The next inflection section could be a very important point for futures traders, so be sure to check it carefully *I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis* *For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below* <> 1. The whale indicator simply points to support and resistance 2. Please refer to the whale index to find a trading RBI suitable for your analysis 3. The shape
by Whale_signal
The 30mn time frame is offering potential winning trades BTCHello traders, Since BTC reached the 71580 level which was a weekly major level, price started consolidating and being rejected showing a high probability of a pullback towards the 1H 70927 level. If this is the case and price breaks the 70927, wait for a retest and then go short toward the next 1H level of 70297 and then do the same thing if price breaks it downward. The other senario is that if price bounces back from 70927 and can't break it, we might see a rejection from area toward the weekly level 71580. If price breaks that level, wait for a pullback and then go long and look for the next weekly level 73907. Good luck
by YMtradingsystem
GBPJPY Support and Resistance Levels: Is 200.50 Within Reach?GBPJPY recently reached a target we discussed a couple of weeks ago, and the bullish trend remains intact above the 197.76 level. The price bounced from this level on Sunday, Monday, and Tuesday. If the price dips to around 198.42 but holds above 197.76, I anticipate bullish traders will likely support the price, aiming to lift it toward the resistance at 199.43. Should the price break above 199.71—the next target at 200.50 may come into play. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
NZDUSD Analysis: Potential Bullish Bias for October 30, 2024Discover the latest analysis on NZDUSD and explore the key market drivers that could impact the pair’s movements today. Is NZDUSD gearing up for a bullish trend? --- Introduction Today, October 30, 2024, NZDUSD could present a slight bullish bias, driven by key macroeconomic developments and currency market sentiment. In this article, we will analyze the factors influencing the potential appreciation of the New Zealand dollar (NZD) against the U.S. dollar (USD), including central bank policies, economic data releases, and general risk sentiment. For those tracking NZDUSD, these insights provide an up-to-date perspective for informed trading decisions. Current Market Sentiment The global financial market sentiment remains cautiously optimistic, reflecting a slight increase in risk appetite, which generally favors higher-yielding currencies like the NZD. A rebound in commodity prices also supports the New Zealand dollar, as New Zealand’s economy is heavily commodity-dependent, notably in dairy, forestry, and agriculture. This positive sentiment may give a short-term boost to NZDUSD, particularly as investors look to diversify amid uncertain U.S. economic data. Key Drivers Influencing NZDUSD 1. RBNZ Policy Outlook Recent signals from the Reserve Bank of New Zealand (RBNZ) suggest a steady stance, with the central bank keeping a cautious eye on inflation while avoiding any immediate rate hikes. The RBNZ’s approach is contrasting with the recent hawkishness from the Federal Reserve, yet a positive growth outlook in New Zealand still supports the Kiwi dollar. If the RBNZ indicates stability, NZDUSD may see a lift as investors view the NZD as an attractive option in a low-volatility environment. 2. U.S. Federal Reserve Policy and Economic Data The U.S. Federal Reserve’s interest rate path continues to be a decisive factor in determining NZDUSD trends. If the Fed's upcoming economic data releases hint at any economic cooling, it could reduce demand for the U.S. dollar, potentially encouraging NZDUSD to move higher. Investors should keep an eye on any U.S. economic updates today, particularly in employment or inflation, as they might temper the USD's strength and further support the NZD. 3. Commodity Price Trends As a key exporter of commodities, New Zealand’s dollar is highly correlated with global commodity price trends. A recent uptick in dairy prices, New Zealand’s primary export, has lent support to the NZD, as has a steady demand for agricultural and forestry products. If commodity prices maintain an upward trajectory, this could strengthen the New Zealand dollar, pushing NZDUSD higher. 4. Risk Sentiment and Geopolitical Considerations Risk sentiment plays a crucial role in NZDUSD’s movement, as the New Zealand dollar is often viewed as a “risk-on” currency. Current stability in geopolitical factors, along with market optimism in global growth prospects, could continue to attract buyers to the NZD. Positive developments from Asian markets or constructive trade discussions could offer additional support to the NZD. Technical Overview The technical picture for NZDUSD also indicates potential for a slight upward bias. With NZDUSD hovering near a support level and moving averages hinting at a potential breakout, bullish momentum could drive the pair higher. Traders may want to watch for any break above the 50-day moving average as a potential entry point for a long position. Conclusion Overall, the NZDUSD outlook for today suggests a slight bullish bias, supported by a favorable risk sentiment, steady commodity prices, and nuanced central bank positions. While uncertainties remain, particularly with U.S. data releases, the fundamentals provide a supportive environment for a mild upward movement in NZDUSD. Remember to follow this NZDUSD forecast closely to stay updated on any shifts in market sentiment or fundamental data impacting this currency pair. SEO Keywords: NZDUSD analysis, NZDUSD today, New Zealand dollar forecast, NZDUSD bullish bias, Reserve Bank of New Zealand policy, Commodity prices, Forex trading NZDUSD, NZDUSD technical analysis, NZDUSD forecast, tradingview.
Long
by PERFECT_MFG