AUDJPYThe Australian Dollar (AUD) against the Japanese Yen (JPY) is an exciting pair for its relation to risk. The pair is often among one of the most highly correlated pairs to price action in US equities on a short to medium term basis. The pair generally tends to rise in a low risk environment on carry flows while the opposite is true when we see a 'risk-off' approach in the markets.
Analyse
Gold Next Move ( High or Low ? )TVC:GOLD fell to near 7-month lows Thursday as traders pushed the yellow toward mid $1,800 levels in a decisive break from the $1,900-an-ounce support decimated in the prior session. Gold’s collapse below the $1,900 level has opened the door for technical selling towards the $1,870 region,” added Moya. :”If global bond yields are heading higher despite expectations that inflation will come down, current market positioning could allow a gold plunge towards the $1,800 region.
So my opinion about short term , the yellow metal OANDA:XAUUSD will retest to 1887 zone then we will see if he breaks the resistance line or reject it .
High PE ratio Kennametal India Ltd. was incorporated in 1938 and is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.
1) header and shoulder pattern in stock
2) 2680 support for this stock
3) 3450 is target level
4) volume in stock
5) fundmental good stock
6) HIGH PE
No recommendation for buy and sell
Only pure education purpose only
GBPUSD 26-09-23Hello Traders,
Currently price broke the level and does not show any clear direction. although the price is bearish I am expecting a small recovery on 4H only and RSI is also showing oversold.
Every level is marked on the chart is on 4H.
Let me know if you have any questions in the comment section.
Not financial advice.
EURUSD IDEAMy next trade will be eurusd,we see large bearish candles so sellers are in control,as pullback occurs it should show small bull candles,wait for a confirmation beafore entry.
We can se price before rejected the blue line,so bearish candles broke the lowest point.
Happy trading everyone! As always risk menagment is the key to sucess!
$BINANCE:LPTUSDT Will go to 9.45 - 10.00 Very Soon.BINANCE:LPTUSDT Will go to 9.45 - 10.00 Very Soon.
My Past Price Action And Market Analysis Showed a target of 7.40, and 7.90 will be Reached Before Reaching The $10 Area Target, it was Reached.
Now Our Target is Passing the $9.45 Mark before a Small Correction happens.
Note: Everything Should Go accordingly, as long as we don't break 7.50 Mark.
As always, Inshallah.
Good Luck!
Impact of Cryptocurrency Market Capitalization on Market DynamicIn the world of cryptocurrency, staying informed about market trends and indicators is essential for making informed trading decisions. One crucial metric that often goes hand-in-hand with market sentiment is the overall cryptocurrency market capitalization. This article delves into why keeping an eye on the cryptocurrency market capitalization is crucial and how it can provide insights into the broader market situation.
Understanding Cryptocurrency Market Capitalization:
Market capitalization refers to the total value of a cryptocurrency or the entire cryptocurrency market. It's calculated by multiplying the current price of a cryptocurrency by its circulating supply. Monitoring the market capitalization provides a snapshot of the market's size and valuation at any given time.
The Impact on Market Dynamics:
Keeping track of cryptocurrency market capitalization can offer valuable insights into market dynamics and trends. Here's why it matters:
Market Sentiment Indicator: Changes in market capitalization can reflect shifts in investor sentiment. Rapid increases may indicate bullish enthusiasm, while significant declines might signify market apprehension.
Market Trends Identification: Monitoring market capitalization over time can help identify trends such as bull markets, bear markets, and periods of consolidation. It offers a broader context for analyzing price movements.
Relative Comparison: Comparing the market capitalization of different cryptocurrencies allows traders to assess their relative performance. It helps in identifying potential investment opportunities.
Impact of Market Events: Major news, regulatory developments, or technological advancements can influence overall market capitalization. Tracking these changes can provide insights into market reactions.
Market Liquidity: Market capitalization can also give an indication of the overall liquidity of the cryptocurrency market. Higher market capitalization often implies higher trading volumes and increased market activity.
Conclusion:
Monitoring the cryptocurrency market capitalization is an essential practice for traders and investors seeking a comprehensive understanding of the market's dynamics. It serves as a key indicator of sentiment, trends, and the broader market situation. Combining insights from market capitalization with technical analysis, fundamental research, and other indicators can enhance your decision-making process.
As the cryptocurrency market continues to evolve, adapt your strategies to account for changing market conditions. Remember that market capitalization is just one piece of the puzzle, and a holistic approach that considers multiple factors is crucial for successful trading in this dynamic landscape.
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TIP on GBPUSDhey guys when you trade you have to understand the market behavior.
recently I have started to notice 1 particular behavior this morning and yesterday also.
goto 5min at 10.30.
-1st gbpusd will create high/low (in this scenario it is creating high) and
-then creates low and
-then goes up just and then comes down just to take the low it has created after 10.30 am. I have noticed this on Tuesday and Wednesday.
your job is to check on Thursday and Friday.
I took entry once low is taken out, and currently took short bcz a huge candle move due to an event and I thought now everyone will book their profit, and also rsi was weak.
It originally TP hit but I have decided to go for the huge move just bcz I have booked my profit in the morning trade(the psychology part)
currently, i am travelling, will try to update my analysis before my trade
GBP/JPY analysis in 4 hours- We have an order block in the daily frame with the prz region, where we used the lightning-fast model to define the prz region
And we always have a reflection in the prz area so that the price will return.
- Since we have OB and prz in one region, we will have a strong decrease in price in this region.
- So we may see the price drop to the levels of 181$ and 180$
AAPL: Breakout of EMA-50 to the downside since January 23, 2023.The break of the EMA-50 to the downside represents a major correction as since January 23, 2023, the EMA-50 has been dynamic support where the price touched it on March 1, 2023, and then came very close on March 13, 2023.
After these dates, AAPL remained distant from EMA-50 until today, when it made the downward breakout making a gap and closing at 181.99 below EMA-50.
On the other hand, the relevant FIBO levels are 38% at (169.25) and the most important 50% at 160.78 coinciding with SMA-200.
Palantir PLTR over-heated and due to Cool OffMost powerful thing he said: Infrastructure. 10 years lasting trend. Unimaginable money the government has been pouring into it. I'd add to that anything to do with reshoring as well.
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