EURUSD: Will Keep Falling! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
Techincalanalysis
KPGEL Diwali Pick 2024Stock Analysis and Trade Setup
This chart shows the stock breaking out of a long-term downward channel, suggesting a potential trend reversal:
• Bullish Setup : The price has broken above the descending channel, indicating bullish momentum. A strong consolidation above the support level around 631.1 could confirm this breakout. If the price maintains this upward trend, the next resistance at 716.75 would be the primary target, followed by further gains if momentum persists.
• Bearish Scenario : If the price fails to hold above 631.1, there could be a retest of lower levels. Watch for a potential short entry below the key support level at 525.9, as a breakdown could signal a continuation of the downtrend.
The RSI indicates room for further upside, and increasing volume supports the bullish breakout. Monitor these levels closely for entry and exit signals.
Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
EURCHF My Opinion! SELL!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9393 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9361
Safe Stop Loss - 0.9412
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
EURAUD: Bearish Continuation & Short Trade
EURAUD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURAUD
Entry Level - 1.6590
Sl - 1.6680
Tp - 1.6422
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURUSD Set To Fall! SELL!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0861 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0824
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
EURUSD Trading Opportunity! BUY!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0777
Bias -Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0797
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
USDCHF Under Pressure! SELL!
My dear subscribers,
USDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.8694 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8668
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
GOLD: Move Up Expected! Buy!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,791.216$
Wish you good luck in trading to you all!
DXY: Local Correction Ahead! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 103.869
Wish you good luck in trading to you all!
EURUSD: Strong Bullish Bias! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.08873$
Wish you good luck in trading to you all!
SILVER: Market Is Looking Down! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 33,21661$
Wish you good luck in trading to you all!
A BIG WIN for GOOGLE Congrats 2 those who followed this analysis
A BIG WIN for GOOGLE and For You !
I knew that the "Stacked Channel" was the key and that Google would make a decision sooner or later. If we look closely, the price tried to rise several times. However, the key this channel gave us was from October 7th, with that bearish volume candle. Although it was coming down strongly, it didn’t manage to break my stacked channel. This is a very clear signal from the price, telling us: I'm still strong and still in the bullish game.
one more detail to conclude is that the price is signaling with wicks that there’s a lot of buying pressure, and it’s not yet for a bear market.
Google's only hope was the earnings report, and with an excellent report and very solid numbers, we won big on this analysis!
Congratulations if you followed this analysis and entered before the report. As I had mentioned several weeks ago, I’ve always been "Bullish" on Google, and it didn’t disappoint me, either technically or fundamentally. Google remains STRONG !
Thank you for supporting my channel & Congrats to you!
Best regards
EURCAD Will Collapse! SELL!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.5102 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 1.5053
Safe Stop Loss - 1.5130
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
EURGBP The Target Is DOWN! SELL!
My dear friends,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8342 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8320
Recommended Stop Loss - 0.8354
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
Grab Your XAUUSD Scalping Chance!Market Analysis Summary:
Buy Opportunity: Targeting the 2750 zone from the 2730-27 level.
Market Structure: Overall bullish trend, indicating potential upward movement.
Short-Term Caution: Formation of lower lows may lead to a sell-off down to 2690.
Upcoming Events: NFP report is on the horizon, which could introduce market volatility.
Key Points to Consider:
Monitor the 2730-27 zone for entry signals.
Watch for price action around 2690 for potential reversals.
Be prepared for fluctuations around the NFP release.
Stay informed and adjust your strategies accordingly!
AUDNZD: Bullish Continuation & Long Trade
AUDNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDNZD
Entry Point - 1.1005
Stop Loss - 1.0991
Take Profit - 1.1028
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GOLD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2777.4
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2753.4
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
USDCHF Expected Growth! BUY!
My dear friends,
My technical analysis for USDCHF is below:
The market is trading on 0.8662 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8673
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
Stock Analysis: Advanced Micro Devices (AMD) – October 30Technical Analysis and Price Targets
Following AMD’s Q3 2024 earnings release on October 29, the stock is still positioned within a symmetrical triangle, signaling a potential breakout. The updated earnings data, along with key technical indicators, provide a refined outlook on AMD’s likely price movement.
Bullish Scenario: A breakout above $170 could push the stock toward two main targets:
Target 1: Around $186, aligning with previous resistance, would likely confirm buyer strength and signal renewed upward momentum.
Target 2: Around $225.50, which would represent a multi-year high, indicating strong investor confidence in AMD’s growth potential within the AI and data center markets.
Bearish Scenario: If AMD fails to hold support at $140, a breakdown could target lower levels:
Target 1: Around $128.66, representing an initial support level that may signal sustained selling pressure.
Target 2: Around $93.62, which would suggest a significant downtrend if broader tech market sentiment or sector-specific risks intensify.
Key Technical Indicators
Moving Averages: AMD’s 50-day moving average crossing above the 200-day average, forming a “golden cross,” suggests a potential bullish trend. Confirmation, however, is needed through a breakout above resistance.
RSI: The Relative Strength Index is at 43, suggesting neutral-to-slightly oversold conditions. This leaves room for a potential bullish move if positive sentiment gains traction.
ADX: With an ADX of 17, the current trend lacks strong direction. A rising ADX following a breakout would confirm the strength of the next move.
Q3 2024 Earnings Summary
-AMD’s Q3 earnings exceeded Wall Street estimates, with revenue reaching $6.82 billion compared to the expected $6.71 billion
SHACKNEWS
-The revenue increase was largely driven by the data center segment, which recorded $3.5 billion in sales—a year-over-year growth of 122%
MARKETBEAT
-This performance highlights AMD’s successful expansion in high-growth areas, particularly with its EPYC server processors and products geared toward AI applications.
Despite the strong earnings, AMD’s stock reaction was mixed. The stock rose by $6.33 during regular trading hours on October 29 but fell by over $10 in after-hours trading. This cautious response likely reflects broader market concerns, including rising interest rates, economic uncertainty, and geopolitical factors such as U.S.-China trade tensions that may impact supply chains and production costs for semiconductor companies
Sector and Economic Context
AMD’s data center success comes amid a semiconductor industry facing complex conditions. Demand for AI and high-performance computing continues to drive growth opportunities. However, recent U.S. restrictions on chip exports to China and efforts to relocate manufacturing to the U.S. add layers of uncertainty. While reshoring may benefit companies like AMD in the long term, it could also lead to near-term logistical challenges and added costs.
Macro factors, including high interest rates and potential economic slowdowns, also pose risks to tech stocks. Growth stocks like AMD are often more sensitive to rate hikes, as higher borrowing costs reduce the appeal of future earnings.
Investment Strategy
For Bullish Traders: If AMD breaks above $170 with high volume, it could signal a buying opportunity, targeting $186 and potentially $225.50. Given the company’s recent performance in AI and data centers, such a move would reflect confidence in its strategic direction and growth potential.
For Bearish Traders: A breakdown below $140 could indicate a bearish setup, targeting $128.66 initially, with a possible extension to $93.62 if selling pressure intensifies. This approach may be favorable for traders looking to capitalize on downside risks associated with economic uncertainty and sector-specific challenges.
Long-Term Investors: Those with a long-term perspective may see AMD’s current price consolidation as an opportunity to accumulate shares at a reasonable price, especially given its strong positioning in AI and data center markets. A cautious, dollar-cost averaging approach could mitigate short-term volatility while taking advantage of AMD’s growth potential in the semiconductor industry.
Conclusion
AMD’s Q3 2024 earnings highlight the company’s strength in high-demand sectors, yet the stock’s mixed response indicates investor caution. The anticipated breakout from the current triangle pattern will be crucial in setting the next trend. As AMD navigates a rapidly evolving industry landscape, investors should stay vigilant for both technical signals and broader economic developments to inform their strategies.