Gold Fields (GFI) is a gold mining company that operates internationally, with only one mine in South Africa—South Deep. Acquired by Gold Fields in 2006, South Deep has been challenging to turn profitable, requiring a total investment of R32 billion (R22 billion purchase price and R10 billion development costs) over the past 14 years. Despite these difficulties,...
CPHL surpassed the 50% target at the 30.90 level and hit the upper cap at 31.59. The current momentum shows strong bullish behavior in the North, indicating that the target of 35.20 might be achieved in the next few sessions. It is suggested to stay long! TARGET: 35.20
Today's focus: USDCAD Pattern – consolidation pattern break (continuation) Support – 1.3650 Resistance – 1.3780, 1.3830 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at USDCAD on its daily chart. Today, we are wondering if the USDCAD is setting off on a new move higher after holding support. Price continues to test at the...
Combined Motor Holdings (CMH) operates 43 car dealerships, offering 28 brands such as Nissan, Volvo, Toyota, Opel, Subaru, Lexus, Mazda, Isuzu, and Ford. It sells both new and used vehicles, making it sensitive to economic conditions since consumers can extend the lifespan of their vehicles in times of recession. The company has planned significant cuts in its car...
Hi everybody! BTCUSDT is consolidating above previous downtrend resistance. Confirmation of a trend change would be a consolidation above the price moving sideways around the current level near the support zone. It is likely that the market will try to change the trend. At this point the realization phase will take shape. We await confirmation of a trend change...
There is a potential bearish move on the NAS100 before the market regains it bullish momentum
#FTTUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about FTTUSDT Moving Exactly As we Expected & Running in44% profit so far ✅ Expecting more in coming days 🚀
CME_MINI:NQM2024 - PR High: 18204.25 - PR Low: 18180.75 - NZ Spread: 52.5 Key economic calendar events 10:30 | Crude Oil Inventories 13:00 | 10-Year Note Auction Prev session closed virtually flat - Holding inside prev session range - Near Monday's high - Potential daily pivot off 18300 zone - Another low vol session open Evening Stats (As of 12:25 AM) -...
USDJPY ON A SELL this pair have a selling oportunity with a very good risk to reward ratio, DUE to the following confirmation 1. fib retracement on the last fib drawn, the pair is on a have reached a retracement level of between 50% and 61.8% at the price 155.165 2.formation of a SWINNG HIGH at H1, 30min & 15min timeflames which seams to be the best entry...
showing trend line crossing need to watch 3920 level
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month...
Second attempt at GBP/USD sells. Higher time frame is extremely bearish. Price was near a supply zone on the weekly, daily and 4H. Long as the high impact news coming on Thursday is green we should continue heading downwards.
Hello all dear traders! Let's discuss and plan our short-term strategy today! Overall, BTCUSD experienced significant volatility over the past day with the price falling past the $63,000 mark. It is currently trading at $62,627, marking a 0.49% increase on the day, since hitting $62,179. But! At the same time a pattern has formed which we often call a triple top...
Gold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
AUDUSD tested a weekly price key level where price rallied previously. Price has broken the counter-trend line. I expect a retest of previous support level for a possible upward movement to key resistance level.
Hello all dear traders! Let's discuss and strategize our new day! Overall, the EU is facing a decline below the 1.075 breakout support during the Asian session on Wednesday. The main reason is that the US Dollar increased due to expectations that the Federal Reserve will extend higher interest rates, which supported the USD and was detrimental to the EUR....
BTCUSD Trading Strategy: BTCUSD has recently broken out of the strong support zone at $63,000 as marked on the chart. In the short term, this cryptocurrency continues to favor sellers as signals from EMA and resistance levels support new selling waves, with profit-taking around the $61,000 area as the Bearish side begins to control the trend! Wishing you happy...
Hello Everyone, If EURCHF fails to cross and securely hold above the weekly and daily pivot points (PP), there's a likelihood of another attempt to test the monthly pivot point. Historically, this level has proven to be supportive. Currently, sellers are significantly active, aiming for a price decrease, potentially targeting the yearly pivot point. Yet, recent...