In the Monday 9 Sept. Oceania & Asia session both Gold & Silver were slow to make traction. Prior to London session today, the USDX edged closer to 101.50 & made it to this level again, before retracing and breaking out through this level at time of writing. USDX currently 101.60. Today, I saw some divergence happening between Gold and the USDX, as it rallied...
HELLO TRADERS As i can see usoil has successfully tested a strong weekly and daily based support chart is crystal clear for a technical analysis our risk reward is great on this setup friends its just a trade idea share ur thoughts with us and do a proper search befor taking any trade Stay Tuned
Bitcoin is trying to fish in more retailers. Really glad to be able to see it, in action.
Bullish indications: Double bottom formation. Resistance broken at 68.752 Inverted head and shoulder pattern from the base in 15 min time frame. Bullish engulfer candle from the support. Major support respected at 67.26 Bearish indications: Trend line resistance yet to break . LLLH Trade plan bias long @68.68 SL:67.78 TP1:69.71 TP2:70.47
APEUSDT has created a strong support at 0.7155 and price has bounced from it. We have also created higher lows which signals the continuation of the uptrend. BULLISH TRADE SL: 0.7100 TP: 0.7808
Resistance Area (2,520 - 2,528): Price faced resistance near the 2,520 level and sharply retraced from this zone. Watch for any attempts to break above this zone. A breakout above 2,520 may suggest bullish momentum towards 2,528 and potentially higher levels. Immediate Support Area (2,510): After the recent rejection from 2,520, price is now holding around...
Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest: Click chart above to see the detailed analysis👆🏻 Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all...
Shopify has been one of our best entries this year, and we remain very bullish on it. From a technical analysis perspective, it's hard to make a bearish case for this stock. We've even seen a change of structure after catching the bottom on SHOP. We've already taken some profits off the table and moved our stop loss to break even for the initial trade. We're now...
Daily Technical Analysis for Gold, Currencies, and Indices - September 10, 2024 Introduction: Greetings, this is Mohammed Qais Abdulghani, financial markets expert, with the daily technical analysis for the most important currency pairs, commodities, and indices for Tuesday, September 10, 2024. Key Economic Data: Before starting the technical analysis,...
The Altcoin market has been noticeably underperforming against Bitcoin since almost the start of the Bull Cycle. Even though both are currently testing the support level of the 1W MA50, Alts (left chart) are closer to the 0.618 Fibonacci level of the prior ATH, while Bitcoin is closer to the 0.236. The lagging tone was set since January 2023 when Bitcoin crossed...
Unitedtea in 1D timeframe forms a very beautiful structure which shows a major bullish move in coming days. After a long consolidation it seems that it'll break new highs. Fundamentals of this share is also very attractive. Pls add this stock in your watchlist or your portfolio to generate good returns in swing trading. Pls drop a like if you found it useful. For...
It has been quite some time since we last took a look at e.l.f. Beauty, and our previous conclusion was that we could be seeing some more selling pressure. We were right about it; after a brief relief pump, the stock sold off by more than 45%. In the end, our prediction about ELF being due for a sell-off was correct, and we are now back in the targeted area....
Seen alot of bullish support at current otz of support and forming a double bottom, waiting for a retest of area before entering long
GBPJPY has made a beautiful move lastly the overall trend on higher time frames is bullish but on H1 i am feeling like gold will get a dip if it breaks above this recent high and present a price action candle we will buy this pair as it reaches its recent weekly Resistance level if it breaks above it will be a buy to its global resistance or it will be a sell to...
Nifty today came back strongly after taking support from Father line of 200 EMA and trendline. The support of Father line will be confirmed if we get a positive and strong closing tomorrow. The supports as of now for Nifty remain at 24790 and 24753 (Today's low and trend line support). If by chance FED will not announce a big rate cut, Nifty may again go support...
USD/MXN may threaten the opening range for September as it struggles to test the August high (20.2271). USD/MXN Rate Outlook USD/MXN continues to pull back from the monthly high (20.1496) to keep the Relative Strength Index (RSI) below 70, with a break/close below the 19.5620 (78.6% Fibonacci extension) to 19.6280 (23.6% Fibonacci extension) region raising the...