South Africa's rand softened on Wednesday, ahead of the closely watched minutes from the Federal Reserve's September meeting. At 1554 GMT, the rand traded at 17.6425 against the dollar USDZAR , about 0.3% weaker than its previous close. The dollar index DXY last traded up about 0.3% against a basket of currencies. "Dollar strength of late can be attributed...
This puppy has been consolidating for 10 years now. IF it shoots above 16 cents (10 year monthly moving average), then we could quickly see it shoot to the top of the base.
The Mexican peso weakened past 19.4 per USD, moving further away from a two-week high of 19.27 reached on October 4, as investors evaluated the latest domestic inflation data while the US dollar gained ground. Mexico's core annual inflation rate fell to 3.91% in September, its lowest level since February 2021, down from 4% in August and slightly below...
Good morning traders First time looking at XRP lets get into it. first and foremost it has hit my Daily projection going up, this could be a indication of further shorts to come but is it? Currently we a bit more depth of our analysis we have found that if we break above 54cents it would make a good long position to the 73 cents range and above. However if we...
US30 dow jones industrial index will continue to rise base don the structure, the price action is bullish and calls for immediate correction. we watch the market structure for clear directional bias.
For now, with inflation hovering above target, the BoE is likely to hold to its relatively hawkish narrative and remain on a slower rate cut pace. However, if inflation moves lower, as Bailey noted, a faster pace of cuts would likely put considerable downward pressure on GBP/USD, stirring a further reduction in net spec longs (1096742NNET).
There is longer vesting periods for the team tokens and early investors which gives a hint of bullishness. Don't fade NASDAQ:OM because #OMtober has just started 🤪 #HODLER #MANTRA #RWA #Altcoin
Price trading in a channel looking for a break out of either side of the boundaries Typically price is expected to move higher on longer term but for short term price will retreat from the upper channel towards the equilibrium line. Trade safe, good luck
For now, with inflation hovering above target, the BoE is likely to hold to its relatively hawkish narrative and remain on a slower rate cut pace. However, if inflation moves lower, as Bailey noted, a faster pace of cuts would likely put considerable downward pressure on GBP/USD, stirring a further reduction in net spec longs (1096742NNET).
See if we can hit targets below. looks like we are trading topside of a LVN, Tested 5 min orderblock, iFVG, BPR. What i dont like is no red folder until another 1.5 hours. However, no reason for is to trade much higher IMO with no data for the the market to want to re evaluate us higher.
Hey Everyone, Another great day on the chart today allowing us to buy dips inline with our plans. We are seeing a repeat of yesterday with price finding support at the retracement range and giving multiple bounces on this weighted level allowing us to buy dips. As stated yesterday; we will now look for support above here for e re-test at 2633 or a cross and...
Short from 78 1St Tp 67..2nd Tp 60.. Good luck and safe trade
This trade comes to fruition after checking for manipulation of lows using 4H-1H-30min-15min. Allowing me to activate the said pending order -Buy limit during London session (metatrader 4 platform) . I marked that demand because using the order flow, I can see enough evidence to go long. Risking 0.5% of the capital. Every trade that I initiate comes from the basic...
Emudhra chart analysis on daily time frame. This stock has given breakout with good volume. one can wait for retest and then can buy.
Trend Analysis: CHFJPY is in a Bullish Trend, making Higher Highs and Higher Lows on the Daily Time Frame. My Stance: I am going to buy after the previous High breakout with two candles closing above high.
Rebound correction Silver Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal....
Polycab chart analysis on daily time frame. This stock is at resistance level and can give breakout.
The current price is trading below the baseline and key technical indicators such as RSI and Williams %R, signaling a potential shift towards bearish control over the price movement.