MasoodAnsari
PKGI has recently broken out of an accumulation phase and has tested a prior resistance level, which has now turned into a support zone. Additionally, the 21 EMA is providing strong support, reinforcing the bullish outlook at the current price level. Consider entering a long position with a stop-loss placed below the current weekly support level.
EURUSD is in a strong bearish trend and is forming an ABCD pattern. Look for the break of C point to take a bearish entry. Manage your RR accordingly.
Alphabet has formed a LH after continuous bearish divergence at 1H, 4H, and 1D. But right now, it didn't break the previous LL and it is taking support at 189.32 and 187.97 levels. So, wait for the break break of these levels to take a bearish entry.
NAS is on a bullish trend and is currently making a major correction. Look for buy-on-dip- setups. manage your risk reward accordingly.
ETHUSD is at a daily resistance level and has formed a bearish divergence at the 1D time frame. So, we can look for a possible bearish reversal from here.
The exogenous, endogenous, and leading economic indicators are decreasing for the pair GBPGPY. The COT report also shows that Net Non-Commercial positions are decreasing for GBP and increasing for JPY. One major factor is interest rate differential as GBP is decreasing interest rates while JPY increasing interest rates. While looking technically, GBPJPY is in a...
The Leading economic indicators and endogenous factors are decreasing for the pair GBPNZD, while exogenous factors are increasing. Both currencies are decreasing interest rates almost at the same pace. COT report shows that net non-commercial positions are decreasing in both currencies. But the NZD has the edge over GBP as seasonality supports the bearish trend of...
The exogenous and endogenous factors are decreasing for the pair CHFJPY. However, CHFJPY's leading economic indicators are increasing. COT report RSI also shows that net positions are decreasing for CHF and net positions are increasing for JPY. Interest rate differential is also negative for the pair CHFJPY as IR for CHF decreases and increases for...
The Endogenous factors for USDCAD are stable and increasing but Exogenous factors are decreasing. The seasonality for USDCAD also shows a sharp fall in the last week of November and the first week of December. Technical analysis also shows that USDCAD has made a new LL and LH after a bearish divergence at 4H but is getting support from a strong support zone. Wait...
The exogenous and endogenous factors are decreasing but leading economic indicators are increasing for the pair NZDJPY. Seasonality also supports the idea that NZDJPY will be bullish in the last week of November and the first week of December. The Monthly currency heat map also suggests that November is bullish for NZD and Bearish for JPY. Technicals show that...
The endogenous factors and exogenous factors both decreasing for the pair EURNZD. The Monthly Heat Map and Seasonality also suggest that last week of November is bearish for the pair EURNZD. Current technical analysis shows that EURNZD is making an ABCD pattern. Typically we take entry on the break of B point but currently, we are getting it at a good price, with...
The GBPJPY pair has broken below a rising channel on the 4-hour timeframe, suggesting a shift in momentum from bullish to bearish. A pullback toward the broken channel's support-turned-resistance area could present a favorable entry for short positions. Look for shorts around 195.00–196.00 during a potential retest. The first target at 190.00, with an extended...
Ethereum has broken above a descending trendline, indicating a potential bullish reversal. The RSI also shows bullish divergence, supporting upward potential. A potential long entry with a stop loss around $2,365 and a target at $2,647 offers a good risk-to-reward ratio.
Highnoon Laboratories Ltd is forming a classic cup and handle pattern, suggesting a potential bullish continuation if it breaks above 854.78 PKR. A slight pullback may occur with an RSI in overbought territory, but a breakout could target 1,013.82 PKR.
IBLHL is making HHs and HLs in 4-hour time frame after making a bullish divergence on prominent daily support. Look for buy opportunities around the current level.
PKGS has been playing range since mid-September. Currently, it is moving upwards from a key support zone. Look for buy opportunities around current price level.
GWLC has been on an upward trend for a long time. It is going to make a deeper correction after a bearish divergence at the weekly time frame. Look for the buy opportunity at marked levels.
IBFL has been ranged for a long time and recently broke below the range, but now it is making HHs and HLs on the 4H time frame and is also about to break the range's resistance. If the price breaks above the resistance, look for the buy entry.