Inverted Head & Shoulder Pattern on DXYLooks like we are looking at some downside on the broader market in the coming days if this pattern were to play out in the dollar index. Bullish for the dollar and bearish for equity
Chartpattren
#NIFTY Intraday Support and Resistance Levels -12/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21810 level and then possible upside rally up to 21930 level in today's session. in case nifty trades below 21760 level then the downside target can go up to the 21640 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(09/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 44950 level then possible downside rally of 400-500 points upto 44550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 45050 level to 45450 level & this rally can extend another 400 points if market gives breakout 45550 level .also possible reversal downside 45450 level.
Necklace Pattern- BF UtilitiesNecklace Pattern
This stock looks attractive as it's trying to claim back it's swing high! It may soar & fly further it reaches there quickly or after some consolidation.
This is purely for educational purpose & not a Buy/Sell Call. Do your own Research (DYOR.)
Potential SELL XAUUSD, 4H.Send us a message If you have any question, we will be happy to answer them.
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Parallel Channel pattern breakout in MFSLMAX FINANCIAL SERV
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 950+.
✅Can Go Long in this stock by placing a stop loss below 890-.
Reversal Falling Wedge pattern in NIFTY50NIFTY 50 INDEX
Key highlights: 💡⚡
📈 On 15 MIN Time Frame Stock Showing Reversal of Falling Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 21884+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 22140+.
📈 Can Go Long in this stock by placing a stop loss Below 21670-.
EURJPYIf price action shows a buy confluence then we have a bias. Pay attention that we are on an Overbought condition. Wait for structure to form and indications to follow.
💬(What is your next target for gold)Technical analysis ✅ FXOPEN:XAUUSD TVC:DXY
traders gold moving today USd
Both data positive im seller and gold moving down 2010)
What is next target for you experience)? My trade position selling zoon 2040+
2020)
Gold's fundamental analysis involves considering various factors that influence its value. Key elements include:
Interest Rates: Gold and interest rates have an inverse relationship. When interest rates are low, gold becomes more attractive as it doesn't offer a yield. Conversely, higher rates may divert investors towards interest-bearing assets.
Inflation: Gold is often viewed as a hedge against inflation. During periods of rising inflation, investors may turn to gold to preserve their wealth.
Global Economic Conditions: Economic instability or geopolitical tensions can drive investors towards gold as a safe-haven asset.
Central Bank Policies: Actions taken by central banks, such as buying or selling gold reserves, can impact gold prices.
Currency Strength: Gold is priced in USD, so changes in the strength of the US dollar can influence gold prices. A weaker dollar typically boosts gold prices.
Supply and Demand: Like any commodity, gold's price is influenced by supply and demand dynamics.
Mining Costs: The cost of mining can influence the production levels and, consequently, the supply of gold in the market.
Market Sentiment: Public perception and investor sentiment also play a role. Market sentiment can be influenced by news, economic reports, and overall market conditions.
Remember, a comprehensive analysis should consider a combination of these factors, and it's crucial to stay updated on global economic trends and events that might impact the market.
Symmetrical Triangle pattern breakout in POLYCABPOLYCAB INDIA LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4891+.
✅Can Go Long in this stock by placing a stop loss below 4200-.
⤵⤵ gold fundamental analysis)technical analysis). traders are you looking for a bearish trandline gold Market this week gold fullback down 👇 1980? Gold seller reject the resistance levels breakdown I think 💬 gold moving down 2040 fullback down 1980
Fundamental Analysis of Gold FXOPEN:XAUUSD TVC:DXY
The outlook created by the fundamental analysis of the gold market remains strong with the growing uncertainty in the world economy and rapidly expanding money supply. As governments try to cope with financial turbulence, they print more and more fiat money (money that is not backed with material assets). This fuels inflation that eats away government bonds yields. If the yields themselves are lower than the inflation, then you actually lose purchasing power by holding these bonds. In such a situation, investors switch to assets they believe will allow them to preserve their wealth. Gold is precisely one of such assets.
Entry 2021
Entry 2040
Target 1980
safe trade ❣️🙏 pales like 👍 and comments 👇
#NIFTY Intraday Support and Resistance Levels -18/01/2024Nifty will be gap down opening in today's session. After opening nifty start trading below 21550 level and then possible downside rally up to 21430 in today's session. in case nifty trades above 21600 level then the upside target can go up to the 21720 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level to 48450 level.
CARDANO|Price return from important resistance areaCardano failed to break the last high, and the resistance zone did its job well, preventing the price from growing further.
With the return of the price, we see the formation of a double-top pattern. If the selling pressure is to the extent that it breaks the support area downwards and confirms the price pattern, we expect the price to experience the price area of 0.4425 and then the price of 0.3877.
#Bitcoin bearish breakout of very important trendline
We can clearly see in this chart that the price has reached the upper boundary of a bullish channel, where it would encounter selling pressure.
As a result of this selling pressure, the price on Friday, January 12th, formed a bearish impulsive candle. Following this candle, it managed to break below the short-term bullish trendline that the price had respected in the last few months.
The bearish breakout of this trendline is a second signal, after the rejection from the bullish channel, that we might see further bearish movement in Bitcoin.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
⤴️⤴️ Gold vip) fullback up ⬆️)Hello trader’s what do you think about gold) ?
Gold this week fullback up ⬆️
gold cpi news service 2024) down back up 2065) retest support 2030)
And breakdown support levels fullback 2086) resistance levels)
Looking 👀 H4 tame-frame🖼️ ⤴️⤴️
Looking 👀 3H tame frame 🖼️ ⤴️⤴️
Looking 👀 2H tame frame 🖼️ ⤴️⤴️
safe trade 🙏🙏❤️🩵 Plaes like 👍🏻 and comment’s)
⤴️⤴️🖼️GPBAUD) bullish momentum cup)Hello trader’s what do you think about) GPBAUD) ?
traders are you looking 👀 a cup bullish pattern) I think wait for handle) bullish momentum)
Entry 1.88574.
Target 1.90597
Target 1.91732
Safe trade 🙏🙏❤️🩵 Plaes like 👍🏻 and comments)
⤵⤵DXY INDEX FULLBACK DOWN 👇he'll traders what do you think about dxy)
Dxy index hit resistance levels trandline fullback down 👇 101•000 100,000
TVC:DXY
Falling Wedge pattern breakout in NIFTY 50NIFTY 50 INDEX
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 22040+.
✅Can Go Long in this stock by placing a stop loss below 21700-.
#NIFTY Intraday Support and Resistance Levels -15/01/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21930 level and then possible upside rally up to 22050 level in today's session. in case nifty trades below 21880 level then the downside target can go up to the 21760 level.
📊⤴️⤴️ EURUSD VIP BULLISH MOMENTUM LONG TRADE)⤴️⤴️📊Hello trader’s what do you think about eurusd)?
dear traders I think 4H trand line this week Cpi news soo I think eurusd fullback resistance levels my Postens open 01.09000
Long trade) bullish momentum)
Target 1.10357)
Target 1.10837)
Target 1.11657)
GBP/USD remained consolidative on Thursday, bid just above 1.26 and offered just above its 10-DMA at 1.2707, as traders cogitate over U.S. and UK rate pivots later this year, looking toward Friday's payrolls data and next Thursday's CPI data for clues about the timing and depth of Fed rate cuts.
For now, traders are reacting to Wednesday's slightly dovish Fed minutes, which noted prior rate hikes are having their intended effect reducing inflation and growth, and near-unanimity that rates will be lower by year-end 2024.
Sterling traders' reluctance to move GBP/USD out of its 1.26-1.27 range hints at consensus that both the BoE and Fed are at peak rate levels.
Though futures are pricing a near-80% chance the Fed will begin rate cuts in March 2024 (0#SRA:), ahead of the BoE expected in May 2024 (0#SON3:), the near-symmetrical rate paths foreseen for the two central banks in 2024 is keeping GBP/USD anchored near current levels.
U.S. jobs data on Friday could disrupt the current GBP/USD rate stasis. Should payroll and earnings data surprise to the upside, a delay in Fed cuts is likely to weigh on GBP/USD, putting multiple support levels in the 1.2630s in sharper focus.
FX:EURUSD
Bullish Flag pattern breakout in DIXONDIXON TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 7900+.
✅Can Go Long in this stock by placing a stop loss below 6120-.
