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Fundamental-analysis

New Support & Resistance for the Gold CFD market in 2024Fundamental Analysis : Since we all know the geopolitical tension we are living right now : Russian and Ukranian War, Palestinian and Israel conflict, Tension between USA and China, BRICS buying gold massively. Also increasing inflation all over the world, increase in interest rates is globalised... Gold also is very correlated with US CPI, GPD, Housing sector who is not doing well (maybe new bubble)... anyway hope the best for the dollar... who is being challenged in this new geopolitical era. Technical Analysis : Gold is doing well, most agressive move are bullish move (volumes weighted). Very healthy trend, that is obvious to oscillator expert. TDI, is the best indicator to use since it's a combination of 5 well known indicators
OANDA:XAUUSDLong
by Le_mah
📈Analysis of NOT Coin: Lessons and Strategies💥🔍Let’s dive into today’s analysis. Today’s analysis is a bit different from the others, as we will focus more on the fundamental aspects of this project and have a discussion with those who participated in this project and managed to cash out. The meme coin we will analyze today is NOT, a project that generated a lot of hype for a long time and even led to significant growth for the Telegram blockchain. The coin of this blockchain, TON, also experienced substantial growth. The greatest benefit of this project was not to itself or the participants, but rather to the TON blockchain and Telegram company, which by distributing NOTCOIN to their users, brought over 30 million users into the TON network. Now, there are many people worldwide who have entered the blockchain space through NOT. ✅You might think that after the profits made by Telegram and its blockchain, the second group to benefit were those who earned through the “tap to earn” mechanism. But if you do a rough calculation, you’ll see that, at best, you made $100-200 from this project. Consider the number of days and hours wasted for that money. Think about how much you’ve worn out your phone screen or even whether your finger bones are the same as they were before all that tapping, or if in the future you might develop conditions like arthritis. Instead of all that tapping, you could have worked at McDonald’s for a week, wasting less time and making more money. Or perhaps it would have been better to spend those six months learning a new skill. I promise you would have made more money in the long run because this money you earned now won’t significantly impact your life, but a skill like trading, Photoshop, or programming could have a much greater impact on your future. 🔑Even if you were among the professionals in trading or DeFi who understood this space, you could have predicted that with the hype of the project, TON would also rise. It would have been enough to follow daily analyses to use the entry points given for TON, allowing you to be up by nearly 140%. After making this profit, you could have created a TON-NOT LP when NOT was listed on DEXs, earning additional profit from swapping and trading TON and NOT. I promise that if you had done this, you would have profited more than from all that tapping, because I did it myself and earned more than many people who farmed NOT. Always be aware of what other opportunities hyped projects can bring you. Remember, projects that yield the highest profits are often those that the general public is unfamiliar with. If you want me to introduce you to some of these projects, ask me in the comments, and I will respond to each of your comments. 🤔Now, after all this discussion, let’s move to the chart to see what the best option is if you have farmed NOT or worse, bought NOT. First of all, if you bought NOT without using it in the DeFi space, you need to make significant changes to your purchasing strategy. Buying a basket of altcoins is not like shopping for groceries. For each altcoin purchase, you should research the project with patience, and only invest in one out of a thousand t-shirts you see, as you would with Gucci. So, if you’ve made a purchase without a goal, you need to change your buying strategy as I mentioned. For those who farmed, I have two methods you can use depending on your situation. If the money you earned from NOT will significantly change your life, don’t waste any time and sell your tokens now to make that change. But if selling the tokens won’t make much difference in your life and will just get you a good dinner or something similar, I suggest you explore the TON blockchain and see what you can do with that money to earn passive income. 📈Technically, there isn’t much data on NOT, and we don’t have many charts, but as you can see, after breaking the descending triangle, it has reached the first target of the triangle and is now resting. The trigger for shorting is 0.005194, and the trigger for longing is if it breaks 0.005651 and RSI also breaks 43.53. However, if I were you, I wouldn’t open a futures position on this meme coin because it doesn’t make sense, and we don’t have enough data to get reliable triggers from it. 📝In summary, while the NOT project brought many users into the TON blockchain and generated significant hype, the actual financial benefit for individual participants may have been minimal compared to the time and effort invested. It’s crucial to consider the broader opportunities that such projects can bring and focus on developing skills that offer long-term benefits. Strategically, if you hold NOT tokens, evaluate whether selling now can make a significant impact on your life or if investing them within the TON ecosystem for passive income might be more beneficial. Always stay informed and approach altcoin investments with thorough research and a well-defined strategy. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
Long
by itsparham96
3
Fundamental Market Analysis for May 20, 2024 EURUSDThe Euro-dollar pair is trading on a stronger note near 1.08800 on Monday in the early hours of Asian trading. The growth of the major pair is supported by the weakening of the US dollar. Federal Reserve (Fed) officials Bostic, Barr, Waller, Jefferson and Mester are scheduled to speak on Monday. The main event in the Eurozone will be the preliminary PMI for May on Thursday. Inflationary pressures eased in April, but this progress is unlikely to prompt the Fed to cut interest rates anytime soon. Fed Chairman Jerome Powell said he believes the U.S. central bank will need more data to gain confidence that inflation is steadily falling toward the 2% level. In addition, several Fed officials have emphasized their cautious stance on holding rates longer. Last week, Atlanta Fed President Raphael Bostic said he sees signs of cooling inflation in the recent CPI report, but prefers to keep an eye on May and June data to make sure inflation doesn't turn the other way. FRB Cleveland President Loretta Mester said policy is in a good place and it is premature to say that progress on inflation has stalled. Richmond FRB President Tom Barkin said the central bank needs to keep borrowing costs high for longer to ensure that the inflation target is met. Trading recommendation: Trade predominantly on Buy from the current price level.
Long
by Fresh-Forexcast2004
Fundamental Market Analysis for May 17, 2024 USDJPYThe Dollar-Yen pair rose to 155.900 during the Asian session on Friday as the Japanese Yen (JPY) faced fresh pressure. This was due to the Bank of Japan (BoJ) maintaining its bond purchases from the previous operation, abandoning an unexpected cut in debt purchases earlier this week. Traders speculate that the BoJ may cut bond purchases at its June meeting. BOJ Governor Kazuo Ueda also said there are no plans to sell the central bank's ETF funds. In an interview with Bloomberg, former BoJ chief economist Toshitaka Sekine suggested the BOJ could raise the benchmark interest rate three more times this year. Sekine noted that the next move could come as early as June, given the significant scope for adjustments to the current "excessively" accommodative settings. According to Reuters, Atlanta Fed President Raphael Bostic said at an event in Jacksonville on Thursday that interest rates should be patient, noting that significant price pressures remain in the U.S. economy. In addition, FRB Cleveland President Loretta Mester noted that it may take longer than expected to confidently determine the trajectory of inflation and suggested that the Fed should maintain a restrictive stance for an extended period. Trading Recommendation: On consolidation above 155.800 we consider buying, on rebound we take Sell positions.
by Fresh-Forexcast2004
#GAMESTOP IS NOT GOING TO STOP!GameStop Corp (#GameStop) video game store chain shares soared by 46% during Monday's trading on the New York Stock Exchange (NYSE), reaching $25 . The surge didn't stop there, as on Tuesday the price reached up to $60 per share! Wednesday opened with a sudden downward gap, but by the end of the session, the price confidently recovered to $40. What will happen today? The rollercoaster ride repeats itself with this stock after the sudden return to social media by YouTube streamer Keith Gill, known as Roaring Kitty. He posted a mysterious message on the X service (formerly Twitter), showing that he's always in the know. Gill's post garnered over 8 million views within hours of its late Sunday posting, marking his first post on the account since June 2021. The surge in stock prices led to a so-called "short squeeze" - a situation where investors betting against the stock and opening short positions are forced to buy stocks as their prices unexpectedly rise, contrary to their expectations. This situation further fueled the rise in shares, which appreciated by hundreds of percent. As a result, funds betting against the company's stocks lost billions of dollars. Giacomo Pierantoni, Head of Data at Vanda Research, stated that the overwhelming majority of demand for shares now comes from retail investors. It seems that, as in January 2021, investors are betting against those shorting GameStop Corp (#GameStop) shares, notes MarketWatch.
NYSE:GME
by Fresh-Forexcast2004
1
EURUSD Higher after US CPI but Policy Dynamics to WeighWednesday’s US CPI report showed a moderation in price pressures in April, following months of persistence, with headline inflation easing to 3.4% y/y and core to 3.6% y/y. Along with the miss in retail sales, markets strengthened their pricing for two rate cuts this year by the Fed, staring in September. The greenback fell as a result, sending EURUSD to the highest levels in nearly a month. this bring the March peak in the spotlight (1.0981), but we are cautious around the ascending prospects. US Inflation remains far from the 2% target, which along with strong economy and robust labor market have raised the bar for a Fed to pivot, leading policymakers to higher-for-longer narrative. Their European peers have made more progress on moderating price pressures and the economy struggles. As a result, the ECB looks more ready to lower rates, having hinted at a June pivot. The monetary policy differentially is likely to cap the upside and put pressure on EURUSD. Along with overbought RSI, there is scope for a retreat towards the EMA200 (black line). Daily closes below it would shift bias to the downside and make the common currency vulnerable to the 2024 lows (1.0600). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
Short
by FXCM
#SWSOLAR Closed Above its All Time High Long-Term Opportunity KEY HIGHLIGHTS FOR FY24 Unexecuted order value at INR 8,084 crore as of Mar 2024 compared to INR 4,913 crore as of Mar 2023 Company has received new orders / LOI in two projects worth -INR 488 crore during the quarter including being declared L1 for a second floating solar module project in the country Company received its second international order in Q4 from Enfinity for a BOS project in Italy amounting to EUR 20 mn We have received total orders/LOI in 13 projects worth INR 6,023 crore in FY24 compared to new order inflow of INR 4,387 crore in FY23 P&L of the company has begun to revive in FY24 Consol revenues up -51% YoY Achieved positive consolidated EBITDA in FY24 Domestic EPC gross margins continue to operate within our target range Achieved PBT/PAT profitability in 4QFY24 Rationalization of overheads continue to progress with FY24 overheads at -INR 333 crores compared to -INR 382 crores in FY23 The company has significantly de-leveraged the balance sheet in FY24 Total net debt of -INR 116 crore, compared to net debt of-INR 1.966 crore in FY23 No upcoming debt repayments till 3QFY25
NSE:SWSOLARLong
by iism-ExpertTrading
BNB 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = USD 579.2 at which the price struggles T2 = $605.9 T3 = $623.6 AND T4 = $648.3 Now let's move on to the stop-loss in case of further market declines: SL1 = $570.1 SL2 = $539.4 SL3 = $518.2 AND SL4 = $491.50
by cryptodailyuk
GOLD ANALYSE TODAY IS FIRE Guys if you like my analyse please Boost this post and follow me on tradingview lets Start with the analyse GOld 15/05/24 : Yesterday We had Uncle Jerome talks he mentioned alot of things these are the points he mentioned 🟥 Jerome Powell: It is reasonable that job vacancies will decrease without a significant increase in unemployment. 🟥 Jerome Powell: Our goal is clear regarding inflation, which is to reach 2% levels, but the improvement is limited. 🟥 Jerome Powell: The Federal Reserve may be forced to make a series of cuts. 🟥 Jerome Powell: The Federal Reserve may have to raise the balance sheet. 🟥 Jerome Powell: Economic report data still shows that we are facing stable inflation. Most of the notes Negative and the most important one is this one : 🟥 Jerome Powell: The US Congress is pressuring us to reduce interest rates in order to stabilize employment and prices. This means we're about to cut rates soon , Maybe this month or next Month or even Next week why not today 😂 If this happend which is the best scenario for us , Gold first target and the easiest one is : 2370 Next targets if CPI came Heavy Negative than expected we'll see strong push to 2407.449-2413.158 ( LONG TERM ) if this Came Positive Gold will dump to these levels 2347.124-2334.854-2323.522 But this doesnt mean gold is weak , we say yesterday PPI how gold reacted Numbers Came positive but still Gold Remain Strenght This was My analyse guys Good luck i'll wait for Data Release to get an entry in Gold But in General im long with Gold
OANDA:XAUUSDLong
by TraderFa9ir
3
Fundamental Market Analysis for May 15, 2024 EURUSDThe Euro-dollar pair is trading with a bullish bias around 1.08150 in the early hours of Asian trading on Wednesday. Later, markets may shift to cautious sentiment ahead of key economic data releases from the Eurozone and the US. Wednesday's highlights will be the first reading of the Eurozone's first quarter gross domestic product (GDP) and the April US consumer price index (CPI). On Tuesday, Federal Reserve (Fed) Chairman Jerome Powell said inflation is falling more slowly than expected and the CPI data gave more reason to keep rates higher. Powell added that he believes it is unlikely that the central bank will need to raise interest rates further, even if there is less chance of a rate cut. In addition, Kansas City Fed President Jeffrey Schmid said inflation remains too high and the U.S. central bank still has a lot of work to do. These hawkish comments could boost the US Dollar (USD) and put pressure on the major pair in the near term. However, later in the day, US CPI data is due to be released, which could influence the Fed's interest rate decision at the next meeting. Annual core CPI inflation is expected to fall to 3.4% in April from 3.5% in the previous reading. Core CPI inflation is projected to fall to 3.6% in April from 3.8% previously. If the upcoming CPI data meets expectations, it could lead to the prospect of a rate cut. This, in turn, could lead to a decline in the dollar and serve as a tailwind for EUR/USD. Trading recommendation: Trade predominantly on Buy from the current price level.
Long
by Fresh-Forexcast2004
Gold analysis for 13/05/24 & 14/05/24According to my analysis and according to what you taught me, Tamas : Scenario 1 : If CPI comes negative on Wednesday, it could lead to deflation concerns, which might prompt the Federal Reserve to consider cutting interest rates to stimulate economic activity and prevent deflationary pressures. A negative CPI could indicate a decrease in the general price level of goods and services, potentially signaling weak demand or economic contraction A decision by the Federal Reserve to cut interest rates could weaken the dollar, as lower interest rates typically make a currency less attractive to investors seeking higher yields. This could lead to a depreciation of the dollar index, which measures the value of the dollar against a basket of other currencies Gold prices may rise in response to a potential interest rate cut by the Federal Reserve. Lower interest rates typically decrease the opportunity cost of holding non-interest-bearing assets like gold, making it more attractive to investors. Additionally, concerns about inflation and currency depreciation amid monetary easing measures could further support gold prices , Gold may Target 2394-2400 Scenario 2: A positive CPI indicates an increase in the general price level of goods and services, suggesting inflationary pressures. This could lead to concerns about the purchasing power of the currency and potential future interest rate hikes by the Federal Reserve to curb inflation If the PPI also shows an increase on Tuesday, it could reinforce inflationary expectations, indicating rising costs for producers. This might further support the case for potential interest rate hikes by the Federal Reserve to address inflationary pressures Technical Analysis : We're currently in Correction Wave , and Expecting Price to Pump for Gold target 2394-2401 Advice : please always use a propre risk management this is my analyse and good luck Make sure if you like my Analysis to boost up my post and Comment
OANDA:XAUUSDLong
by TraderFa9ir
Fundamental Market Analysis for May 14, 2024 USDJPYThe Dollar-Yen pair continues to rally around 156.20 and higher in the early hours of Asian trading on Tuesday. The Japanese Yen is losing ground against the US Dollar (USD) despite the hawkish signal from the Bank of Japan (BoJ) to reduce Japanese government bond purchases on Monday, as well as unfavorable Non-Farm Payrolls (NFP) data for April last week. Investors will be more focused on key US economic data this week, including the Producer Price Index (PPI), Consumer Price Index (CPI) and retail sales. These reports will provide some hints as to whether inflation remains intractable, is falling slightly, or even possibly rising. The Producer Price Index (PPI), which reflects inflation at the wholesale level, is due out Tuesday and is expected to have risen 2.2% in April from a year earlier. The core PPI, which excludes energy and food costs, is expected to rise 2.4% y/y over the same reporting period. Traders can use the PPI report to gauge potential CPI results, and better-than-expected data could continue to strengthen the US Dollar (USD) against the Japanese Yen (JPY). As for the JPY, the Bank of Japan (BoJ) gave a hawkish signal on Monday by reducing the amount of Japanese government bonds (JGBs) it offered to buy as part of its regular buying operation. The move is expected to put upward pressure on Japanese bond yields and possibly narrow the gap between Japan and the US, which has weakened the Japanese Yen. However, the recent movement has been muted and has had little impact on the yen exchange rate. On Thursday, Japan will release the country's Q1 2024 GDP growth data. Stronger figures may lift the yen and limit the USD/JPY pair growth in the near term. Trading recommendation: Trade mainly with Buy orders from the current price level.
Long
by Fresh-Forexcast2004
GBPCAD-BEARISH-4H-CONTINUATION GBP/CAD Analysis 1. **Bearish/Bullish Analysis:** - **Scorecard 3:** Indicates a bearish sentiment for GBP, bullish for CAD, resulting in a bearish outlook for GBPCAD. This could suggest weakness in the Pound against the Canadian Dollar. - **COT-Flip:** The Commitment of Traders (COT) report suggests a shift in sentiment from bullish to bearish for GBP and from bearish to bullish for CAD, aligning with the Scorecard's conclusion of a bearish GBPCAD outlook. - **Seasonal Analysis:** Seasonal trends show a bearish bias for GBP, and neutral for CAD, further supporting the bearish outlook for GBPCAD. 2. **Commodity Analysis:** - Commodity analysis indicates a bearish sentiment, which could imply that macroeconomic factors or global commodity trends influence the GBP/CAD pair negatively. 3. **Conditional Analysis:** - Conditional factors show a mix, with a bullish bias for both GBP and CAD, resulting in a neutral stance on GBPCAD. This suggests that certain conditional factors may not strongly influence the pair's direction. 4. **Fundamentals:** - Leading Economic Index (LEI), Endogenous (ENDO), and Exogenous (EXO) fundamental analyses collectively point towards a bearish sentiment for GBP and a bullish sentiment for CAD. This reinforces the overall bearish outlook for GBPCAD. ### Technical Analysis: 1. **Trend:** - The overall trend analysis indicates a bearish trend for GBP/CAD, suggesting that the pair is experiencing downward price movement. 2. **Continuation Patterns:** - Continuation patterns are bearish, implying that the current downtrend in GBP/CAD is likely to persist. Overall Interpretation: The analysis of the scorecard and technical indicators suggests a predominantly bearish outlook for GBP/CAD for the second week of May. Fundamental factors such as the leading economic index and market sentiment indicators align with technical indicators, reinforcing the bearish sentiment. Traders and investors may consider this information when making decisions regarding GBP/CAD positions, keeping in mind both short-term and long-term trading strategies.
by AamirZahirali
Buy GBP/CAD UK GDPThe GBP/CAD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further price gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying GBP/CAD) above the broken resistance level of the channel, ideally around 1.7120 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial bullish targets lie at the following points, based on the channel and recent price movement: 1.7181: This target is obtained by measuring the height of the channel (from the base to the breakout point) and adding that distance to the breakout price. 1.7215: This is a further extension of the upside target, based on roughly twice the height of the recent price movement before the breakout. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally with some buffer around 1.7105. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards. Thank you.
Long
by KABHI_TA_TRADING
4
Sell GBPAUD UK Interest Ratethe GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target Levels: 1.8871: This target is achieved by measuring the height of the flagpole (initial downtrend before the pennant) and projecting it downwards from the breakout point. 1.8807: This is a further extension of the downside target, based on roughly twice the height of the flagpole. Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the pennant, ideally with some buffer around 1.9042. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
9
Sell USDCAD Channel PatternThe USD/CAD pair on the M30 timeframe presents a possible shorting opportunity due to the presence of a channel pattern. Potential Short Trade: Entry: Consider entering a short position (selling) only after a confirmed breakout below the support trendline of the channel. Ideally, this would be around 1.3750 or lower if the price continues to decline after the breakout. Target Levels: 1.3652: This target is achieved by measuring the height of the channel (distance between the resistance and support lines) and projecting it downwards from the breakout point. 1.3607: This is a further extension of the downside target, based on roughly twice the height of the channel. Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the channel, ideally with some buffer around 1.3770. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
11
Gold Analyse for today Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors to seek refuge in gold as a hedge against market volatility When Lower Jobless Claims Occur: Bearish Factors for Gold:( Lower JOBLESS CLAIMS Folders ) Positive for dollar news High Treasury Yields: If there's inflationary data leading to high Treasury yields, investors may favor other investments over gold, reducing its attractiveness Low Unemployment: Low unemployment suggests an overheating economy, prompting investors to move away from safe-haven assets like gold in favor of riskier investments
OANDA:XAUUSDLong
by TraderFa9ir
1
Strong Buy Marico cmp 522 Target 550++ in 5-10 trade sessionsMarico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care. Below are all the product categories that the company caters to in the domestic market and the brands of the company : 1. Coconut Oil - Parachute, Nihar Naturals. 2. Super-premium Refined edible oils - Saffola. 3. Value added hair oils - Parachute advansed, Nihar naturals, Hair & Care. 4. Healthy foods - Saffola oats, Coco Soul. Coconut oil, Saffola FITTIFY Gourmet Range. 5. Premium Hair Nourishment - Livon Serums, Hair & Care. 6. Male Grooming & Styling - Set Wet, Beardo, Parachute. 7. Skin Care - Kaya Youth, Parachute advansed. 8. Hygiene - Mediker, Veggie Clean Market Share Market share of company’s leading brands as of Q1FY22 were as follows: Coconut Oils, MS: 62%, Rank: 1 st Parachute Rigids, MS: 52%, Rank: 1 st Saffola – Super Premium ROCP, MS:, Rank: 82% 1 st Saffola Oats, MS: 39%, Rank: 2 nd Saffola Masala Oats - Flavored Oats, MS: 94%, Rank: 1 st Value Added Hair Oils, MS: 37%, Rank: 1st Post wash Leave-on Serums, MS: 63%, Rank: 1st Hair Gels/Waxes/Creams, MS: 58%, Rank: 1st Revenue Breakup FY22 In FY22, ~77% of the total consolidated revenues were generated from domestic business. In the domestic market, coconut oils accounted for 40% of the total revenues followed by refined oils 25%, value added hair oils 21%, Personal care products (male grooming, skin care) ~5%. Distribution Network The company has a pan-India distribution network with a reach of 5.6 million outlets out of a total of ~12 million outlets in India. In FY22, Modern Trade and e-commerce contributed to 14% and 9% of the domestic business respectively. International Business In FY22, ~23% of the total consolidated revenues were generated from international business. Top export countries are Bangladesh (51% % of export revenues), followed by South East Asia (23%) , Middle East (13 %), and South Africa (7%). The international business portfolio includes brands such as Parachute, HairCode, Mediker SafeLife, Fiancee, caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Sedure, Thuan Phat and Isoplus. Capex In FY22, co. incurred 132 Crore Capital expenditure for capacity expansion and maintenance of existing manufacturing facilities. Marico is undertaking strategic investments to accelerate its digital transformation journey through building scalable digital-first brands, either organically or inorganically. Market Cap ₹ 67,791 Cr Stock P/E 46.3 ROCE 41.9 % Dividend Yield 0.86 % Currently PE is 46 as compared to Median PE of 50 and with such high ROCE and more than 3/4% of dividend yield, this stock is looking for a strong momentum looking at the way Marico is strategically increasing its business. Technically, it seems that price structure has changed on hourly chart and it seems to be bottom out as it has done time and price wise correction. At current market price(CMP) of 522, this is best rate to enter for quick target of 550 and 580 in a 5-10 trading session.
NSE:MARICOLong
by PrashantDahale
Fundamental Market Analysis for May 08, 2024 EURUSDThe Euro-dollar pair extended its losses for the second consecutive session, trading near 1.07400 during the Asian session on Wednesday. The US dollar (USD) is strengthening on expectations that the Federal Reserve (Fed) will extend interest rate hikes. However, weaker US jobs data over the past week has revived hopes of a possible interest rate cut by the Federal Reserve (Fed) in 2024. On Tuesday, comments from Minneapolis Fed President Neel Kashkari strengthened the US dollar, which led to weaker EUR/USD. Kashkari said that the most likely scenario is for rates to remain unchanged for an extended period of time. However, if disinflation returns or there is a significant weakening of the labor market, a rate cut could be considered. In the Eurozone, retail sales (m/m) rose 0.8% in March, recovering from an upwardly revised 0.3% decline in February. This exceeded the expected 0.6% increase. This is the strongest increase in retail activity since September 2022, indicating a strengthening European consumer sector. In addition, retail sales (y/y) rose 0.7% compared to a revised 0.5% fall in February. This marks the first increase in retail sales since September 2022, signaling a positive change in consumer spending trends. The European Central Bank (ECB) is expected to start reducing borrowing costs in June. According to Business Standard, ECB chief economist Philip Lane said that the latest data has bolstered his confidence that inflation is approaching the 2% target. While many ECB officials appear to favor easing measures next month, President Christine Lagarde has not yet proposed further cuts. Trading recommendation: Trade predominantly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
US dollar Index Analyse for long termBearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up gold prices. Dollar Weakens: The U.S. dollar weakens against major currencies due to risk aversion and concerns about the potential economic impact of the conflict on global markets. This weakens the Dollar Index. Bullish Scenario: Resolution of Conflict: Diplomatic efforts or a ceasefire agreement lead to a resolution of the conflict between Israel and Gaza, easing geopolitical tensions in the region. Market Confidence: Investor confidence improves as the risk of broader regional instability diminishes. This encourages investors to move away from safe-haven assets like gold and back into riskier assets, including the U.S. dollar. Dollar Strengthens: The U.S. dollar strengthens against other currencies as investors return to dollar-denominated assets, leading to an increase in the Dollar Index. These scenarios highlight how the resolution or escalation of the conflict can influence investor sentiment, market dynamics, and the direction of both the U.S. dollar and gold prices.
TVC:DXY
by TraderFa9ir
6
Sell EUR/USD Triangle BreakoutThe EUR/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a triangle pattern. Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.0770 or lower if the price continues to decline. Target Levels: 1.0704: This represents the height of the triangle, measured from its apex (highest or lowest point) to the breakout point, projected downwards from the breakout point. 1.0680: This is a further extension of the downside target, based on the height of the recent price movement before the breakout. Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the triangle, ideally with some buffer around 1.0800. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
10
Buy AUD/USD Bullish PennantThe AUD/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a well-defined bullish pennant pattern. This breakout suggests a continuation of the prior uptrend and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the pennant, ideally around 0.6630 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial bullish targets lie at the following points, based on the pennant and recent price movement: 0.6694: This target is obtained by measuring the height of the flagpole (initial uptrend before the pennant) and adding that distance to the breakout price. 0.6734: This is a further extension of the upside target, based on roughly twice the height of the flagpole. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the pennant, ideally around 0.6600. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards. Thank you.
Long
by KABHI_TA_TRADING
3