This morning we're seeing the Dollar going down due to the Unemployment Claims news. Will the Dollar continue his Downtrend? Levels taken from Forex Factory: Unemployment Claims Actual: 231K Forecast: 212K Previous: 209K References: www.forexfactory.com www.reuters.com
Previously, The Natural Gas Formed a Bullish Falling Wedge Pattern. On Monday 6 May The Price Broke The Resistance Level (1.973 - 1.893). Currently, This Key Level is Broken and Becomes a New Support Level ! So, I Expect a Bullish Move 📈 --------------- TARGET: 2.140🎯
BANKNIFTY closed below va 1. gapup 48050 long till 48150 2.48050-47700 trade reversal 3. gapdown 47500 short
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
NIFTY closed below va 1. gapup 22220 long till 22300 2. 22220-22000 trade reversal 3. gapdown 22000 short on retracement
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
According to Brent Donnelly of Spectra Markets, the US dollar appears increasingly susceptible due to a combination of heavily skewed speculative positions and early signs of softening in certain US economic indicators. Last week, the USD saw a general decline following a surprisingly dovish Federal Open Market Committee (FOMC) meeting. The Fed indicated a more...
Dear Traders, Oil completed AB=CD pattern and it is in course of big bullish move. We need more liquidity and volume for price to continue the growth. In coming days, we expect price to hit 85 first and then 90; if price breakthrough that region then we will have a strong bullish price movement which will lead price to hit our final target. Good luck and happy trading.
#4h #r/r:1/11 #Buy_limit #First, we wait for the pattern to be completed and enter after confirming the indicator. #The pattern of 3 valleys is forming. #There is a new demand area. #Divergence in the rsi indicator.(RD+)
#sell_positon #4h We have a supply area. Divergence in the RSI indicator. The previous demand area has been penetrated by the price and the price tends to continue the previous downtrend.
Waves C and D that you see on the chart are related to a large diametric pattern DYDX appears to be at the bottom of wave D and is making a reversal pivot By maintaining the green range, it can move towards the targets The least risky range for entering buy/long positions is the optimized range Closing an hourly candle below the invalidation level will violate...
The price action has aligned precisely with our previous projection, successfully achieving our designated target. Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a...
Market Observations: The S&P 500 futures NYSE:ES and S&P 500 ETF AMEX:SPY have consolidated with low volume over the past two days. Trading Strategy: Given the current range-bound price action, I am not actively seeking trades around the 5200-5210 level. Instead, I am looking for a breakout from this range accompanied by increased volume to establish a...
GOLD New Forecast Gold prices remained steady on Thursday amid quiet trading, with many European markets closed for a holiday. Investors are awaiting U.S. data that may provide insights into possible interest rate cuts by the Federal Reserve. technically: As previously forecasted, the price has declined and reached our target level of 2037. Currently, the...
USNAS100 New Forecast The price should break the resistance trend which is 18095 to continue the bullish trend till 18250, but otherwise, it should break 18030 and 17990 to start a bearish trend till 17940 and under it 17795 so now will move between 17790 and 18140 till breaking pivot line: 18030 Resistance Price: 18140, 18250, 18480 Support price: 17940,...
Price was strongly rejected in the confluence of inverted FVG, Breaker and Order block. All this is in the premium of the recent swing. In COT data I can see that MM were closing the long positions and building the shorts while the price was in this two-week pullback. Overall their net flipped to the negative -28K. This suggests that we will see lower prices in...
📊 Due to the decrease in the downward momentum of the price movement, if the support of 135 units is maintained, the price may increase to the range of 160 units🎯, and in the case of strength, the range of 175 units🎯🎯. 📊 Otherwise, the price may fall to the range of 125 units.