Introduction: CL1! (Crude Oil Futures) has experienced a pronounced downturn lately, prompting traders to investigate the underlying factors driving this descent. In this analysis, we'll explore various elements contributing to CL1!'s downward trajectory. Technical Analysis: Breakdown of Key Support Levels: CL1! has breached significant support levels on the...
ZB1! (US Treasury Bond Futures) has witnessed a notable downtrend recently, prompting traders to seek insights into the underlying reasons for this decline. In this analysis, we will delve into various factors contributing to ZB1!'s downward trajectory. Technical Analysis: Breakdown of Support Levels: ZB1! has breached critical support levels on the price chart,...
YM1! (Mini Dow Jones Futures) has experienced a significant downtrend recently, prompting traders to seek insights into the reasons behind this decline. In this analysis, we will explore several factors contributing to YM1!'s downward movement. Technical Analysis: Bearish Trendline Break: YM1! has breached a key support level represented by a bearish trendline...
Company is almost debt free. Stock is providing a good dividend yield of 5.11%. Company has a good return on equity (ROE) track record: 3 Years ROE 51.8% Company has been maintaining a healthy dividend payout of 51.8% New Projects 9MFY24 1 Environmental Clearance : EC has been obtained for 14 Proposals (Incremental EC Capacity of 9.85 MTY). 2 Forest...
This week, the Japanese Yen is poised to deliver a remarkable performance against the US Dollar. The Yen has surged by over 3% following Japan's intervention to bolster the currency and the Federal Reserve's less hawkish tone. Around 152.00, not only is there a crucial level, but the 55-day Simple Moving Average (SMA) is also nearby, along with a long-term...
The NASDAQ has ascended for a second leg and is now poised for a potential deep pullback to test the support zone. This support area aligns with a key weekly level that typically needs to be retested before the index can mount a continued rise. You should keep a close eye on this trend, as it could present a significant opportunity in the coming period.
Below I entered out the trade Look to enter in Green fibs targeting HTF Equal Highs. Manage Risk
It's at good place for Zoom upside keep SL 732 and hold this Gold for future
Markets next move awaits Fed speeches this week In April, the US economy saw a modest increase of 175,000 jobs, marking its slowest growth in six months, notably below market projections of 243,000 and a considerable drop from the robust 315,000 jobs added in March. So, now we know the NFP data from last Friday, has this changed investors' outlook for fed...
Potential targets for Trident Ltd.: ### Entry Point (Buy): - **Buy Price**: Considering the support at INR 39.50 and the rebound witnessed at this level, you might consider entering near this price, provided the stock shows signs of stability or upward momentum. Wait for a confirmation of reversal, like a bullish candlestick pattern or increased volume on up...
The Bank of Japan is suspected to have intervened in "propping" up their currency. This is when a central bank buys its own currency to prevent it from a free fall. However, this solution is a like a small bandage on a gaping wound and the Japanese yen will continue its bearish momentum. Over the past week the USDJPY has dropped by over 5% as a result of this...
EURUSD has broken a major monthly levels. It is consolidating at the moment. A monthly bearish OB was already tapped into.
This 4h bullish mitigated orderblock is the zone to expect bullish orders but besides that gold has shown bullish weakness after aggressive bullish trend since the start of the year. On the chart I've played two possible scenios one is that price breaks through the order block without raiding the highs. Or price pushes up to 2366 filling up the FVG and from...
We're currently in a downtrend, with Lower Lows and Lower Highs; however, it seems to be looking slightly bullish right now. Lots of different data showing the price will likely increase to ~70k within the next few weeks. There is a lot of resistance within the yellow zone highlighted here. The price will likely face rejection within this zone and if we're lucky...
This looks horrible on HTF for SPY, be warned a market crash is coming
Do not get fooled this is not the bottom, we are currently in a premium zone and never touched a discounted zone. This bounce is nothing but bait for retail, so be patient and look for shorts above and long after we enter a discount and a market structure shift.
Gold continues to make Lower Highs and Lower Lows. Selling pressure remains active under 2308. Gold will continue to move downwards if we see a close under the Previous Day Low - 2277
As we approach the FOMC meeting later today, there is anticipation of a potential bullish movement of the EUR against the USD, accompanied by a retest of the 50% Fibonacci level on the short timeframe and an uptick in value. Indicators suggest oversold conditions. Regarding the Federal Reserve, it is expected to maintain a hawkish stance, acknowledging persistent...