Analysis
Watch out for the US retail sales todayThe US retail sales are coming out today, so be careful with the US instruments.
EASYMARKETS:SPIUSD SP:SPX
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$CNGDPQQ -China's GDP (QoQ)ECONOMICS:CNGDPQQ (Q2/2024)
- The Chinese economy expanded 4.7% yoy in Q2 2024, missing market forecasts of 5.1% and slowing from a 5.3% growth in Q1.
It was the weakest advance since Q1 2023, amid a persistent property downturn, weak domestic demand, falling yuan, and trade frictions with the West.
In June, retail sales rose the least in near 1-1/2 years while industrial output growth was at a 3-month low.
Still bull on longer horizon..but waitTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Will still be bias on the long side, will take some long next week if i see change of trend coming.So far lower timeframe suggest that it still might go lower.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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USD more bear side,but watch the key levelTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
At a key high timeframe level, do watch out for potential bounce before going short.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Rebound on gold zoneTrend (LT): Bullish above the 200 SMA
Trend (CT/MT): Bearish below EMA 7 / SMA 20
Price bounced back to SMA 200, plus stabilization in gold zone (neutral)
ROB Breakout Monitoring
Wait for potential crossover of EMA 7 with SMA 20
Buying above 47.29/47.30 (approximately)
(13% at stake if successful)
The stop loss (SL) position will depend on the candle pattern.
No sales for me.
It is important to note that this analysis is a personal interpretation and does not constitute an investment recommendation.
In your opinion, direction SOUTH or north?
SGX: CY6U Capitaland India Trust AnalysisDisclosure: As of 07/12/2024 I have no open position in SGX: CY6U
Capitaland India Trust is a REIT (Real Estate Investment Trust) that invests in commercial real estate across India.
They invest in office, data center, and logistics properties. Their portfolio is diversified across 5 major cities in India. In order of exposure: Hyderabad, Bangalor, Chennai, Pune, and Mumbai.
One risk to be aware of is the currency fluctuations of INR to SGD as well as the currency in you home country may affect returns. The company is highly profitable and looks to have manageable debt positions. Their debt is based in both SGD and INR.
The largest tenant of CY6U is Tata Consultancy Services, making up a total of 12% of base rents. The next largest are Infosys and Amazon at 6% and 4% respectively.
The company has a strong record of performance both in terms of profitability and return on investment. Debt levels appear to be manageable and management very competent.
***Please Note: Debt to equity shown in the chart is out of date. Check most recent reports on CY6U investor relations for current debt levels***
The company is currently trading below book value and has a P/E of less than 10. With a dividend yield of 6% you have an earnings and dividend return of 15%. This is not including any potential growth the company may experience in its earnings or asset value.
Summary: Capitaland India Trust seems to be a quality company that is likely undervalued. Potentially due to the fact it is listed in Singapore as opposed to in India. Considering the growth in India buying this high quality assets below book value looks very appealing. I will update with further research and if I open a position.
usdjpydaily frame technical prediction.
after creating equal high strong bearish movment but as we see in the chart demand zone and the trend line been respected, as i draw clear line on the chart for shrting position i belive we must wait for a pull back to previous high 163.440, 164.100, 165.500 levels.
let me know what you all thinking leave a comment below share if you like the idea.
Fundamental Market Analysis for July 12, 2024 GBPUSDThe Pound-Dollar pair fluctuated between weak gains and minor losses around the 1.29000 mark during the Asian session on Friday and remains within striking distance of the yearly peak reached the previous day. The US Dollar (USD) is attracting some buyers on the back of a good rise in US Treasury yields and is moving away from the near three-month low reached the day before, which in turn acts as a headwind for GBP/USD. Meanwhile, weaker US consumer inflation data released on Thursday raised market bets on the imminent start of the Federal Reserve's (Fed) rate cut cycle in September. This could curb a significant rise in U.S. bond yields. In addition, the prevailing risk-on bias may deter traders from aggressively bullish bets on the safe-haven Dollar.
The British Pound (GBP), on the other hand, continues to receive support from data released on Thursday that the UK economy grew at a faster-than-expected 0.4% in May. This comes on the back of recent comments from Bank of England (BoE) policymakers that dashed hopes of a rate cut in August. On Wednesday, Bank of England MPC member Catherine Mann said that until there is a slowdown in service price growth, she would not advocate an interest rate cut. To add to this, Hugh Pill, the Bank of England's chief economist, noted that there is still some work to be done before the domestic permanent component of inflation disappears.
The aforementioned fundamental backdrop seems to be leaning in favor of the bulls and suggests that the path of least resistance for the GBP/USD pair lies to the upside. Thus, any significant corrective decline could still be seen as a buying opportunity and is likely to remain limited. Nevertheless, spot prices remain on track to end a third consecutive week in the green. Traders now await the release of the US Producer Price Index (PPI) and the University of Michigan Consumer Sentiment Survey due later in the North American session, looking for short-term opportunities on the last day of the week.
Trading recommendation: Trade predominantly with Buy orders from the current price level.
USD/CAD Triangle BreakoutThe USD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.3630
Target Levels:
1st Support – 1.3592
2nd Support – 1.3572
Stop-Loss: To manage risk, place a stop-loss order above 1.3650. This helps limit potential losses if the price falls back unexpectedly.
Thank you
$USIRYY -CPI# *M print (post AA+)- Awaiting CPI# numbers readings for ECONOMICS:USIRYY on August 10th (today) post US being Down-Graded to AA +.
While on the 9th of August ECONOMICS:CNIRYY came deflationary on the other side of the world
Consensus sits at 3.1% (0.1% increase) and some to 0.3% increase at 3.3% for ECONOMICS:USIRYY
Economists forecast Inflation rising up again on a steady pace
for the rest of 2023 and the entering of 2024 for coming down YoY from 9.1% to 3%
On the last ECONOMICS:USINTR Rate Hike Decisions following a Month of Breath,
our pal,
Jerome Powell stated during his speech regarding Fed's seeing
inflation coming up on months to come not being total uder control.
This was aswell one of many reasons they didn't felt
confident to stop the Rate Hiking .
He aswell stated that Federal Reserve does not see Inflation coming down to their
Target Norm of 2% CPI by 2025, and they fimrly prompt a 'Soft Landing'.
How about another joke, Powell !
It's not about Money ,
its about sending a Message .
Everything Burn ...
TRADE SAFE
*** Note that this is not Financial Advice
Please do your own research and consult your own financial advisor
before partaking on any trading activity based solely on this idea.
CDSL | Flagpole | NSDL Files for IPO
• NSDL has filed its DHRP, leading to market concerns that investors might shift their funds to NSDL, potentially affecting CDSL.
(We'll be sharing a detailed comparison for NSDL and CDSL in the comments section below. Feel free to follow us for the updates.)
Now CDSL:
• In the last 13 months, it's formed a beautiful Flag Pole pattern. The breakout of which is already done.
• The 1000 level + 50% Fibo level provided support during its momentum.
• Volumes increased during the rally, which is a positive sign.
• It faces a crucial resistance zone the break and sustenance of which will be necessary.
• Now if you are worried about the funds flowing to NSDL, Remember what happened to BSE when NSE announced its IPO – it literally doubled in value. NSDL's valuation will play a crucial role in boosting CDSL's momentum.
• Duopolies, like Ola and Uber, Airtel and Jio, Swiggy and Zomato, Amazon and Flipkart, tend to fare well. CDSL and NSDL too can coexist.
• Do you know who else can and must Coexist? YOU and WE! Follow us for such interesting Case studies.
Have Insights or Questions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation 🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
R2F Weekly Analysis - 8th July 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
My short-term bias for DXY has switched to bearish. I am looking for a possible lower move on the Dollar Index this week, which should offer some shorts on EURUSD and GBPUSD, the pairs I usually trade. Check out my analysis in the video. I hope you found it insightful.
- R2F
EUR-USD Key Levels! Analysis!
Hello,Traders!
EUR-USD surged up from
The horizontal support
Of 1.0667 and is about
To retest a weak horizontal
Resistance of 1.0851
If it gets broken the pair
Will go up and hit a
Second horizontal resistance
Which is a stronger level
At around 1.0920
Analysis!
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GOLD Key Levels! Analysis!
Hello,Traders!
GOLD is moving down
From the horizontal resistance 1
Of around 2,390$ towards the
Horizontal support level of 2,290$
Which constitute a local range
However, should the first resistance
Be broken the next resistance
Is nearby at around 2,450$
Analysis!
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Check out other forecasts below too!