BTCUSD ideaYo, surf squad! 🌊🏄♂️ Check it out: we're in this rad dance between two major distribution zones. Selling tails, buying tails - it's like catching different vibes on the same wave, you feel me?
At Global Chart Surfers, we're all about playing it smart. We're rocking this trading plan that's all about max range action - buying when it's hot, selling when it's cool, all from those supply and demand sweet spots.
But hey, hold onto your boards, 'cause this week's dollar news? That's like the wind in our sails, man. We're gonna ride those updates and see where they take us. Peace out, stay stoked, and let's ride these charts like the surf legends we are! 🤙🌊
USD CPI m/m: Prices rose by 0.2% this month, same as before.
USD CPI y/y: Yearly prices jumped to 3.3% from 3.0% - inflation heating up!
USD Core CPI m/m: Core prices up 0.2%, like last time.
USD Unemployment Claims: More folks filed for jobless benefits, watch job market vibes.
USD Core PPI m/m: Core prices up 0.2%, slight bump from 0.1%.
USD PPI m/m: Prices climbed 0.2%, same as before.
USD Prelim UoM Consumer Sentiment: The vibe from consumers at 5:00pm - stay tuned!
Stay surf-ready for more market moves! 🌊🏄♂️
Fundamental-analysis
SYS Preparing for the Next Big Move, Syscoin Analysis Today 💎 SYS is on the verge of breaking out from a descending channel upwards and is currently positioned just below the Point of Control (POC) of the Volume Profile Visible Range.
💎 At the moment, this POC is posing a minor resistance, but it's likely to transform into support once we clear the channel.
💎 It's worth noting that SYS could potentially revisit the channel's trendline before making its upward move – so both outcomes are in play.
💎 Furthermore, with SYS situated in a zone of high demand, the bullish sentiment seems even more plausible.
💎 In the ever-evolving crypto sphere, being up-to-date and flexible is paramount. Keep an eye out for further insights and savor your trading adventure with #MyCryptoParadise!!
Indian Railway Finance CorporationCompany is a funding arm of the Indian Railways for mobilizing funds from domestic and overseas Capital Markets. IRFC is a Mini
Ratna I and Schedule A Public Sector Enterprise under the admin control of Ministry of Railways, Govt. of India.
Clientele: Company extends loans to other entities of MoR, viz., Rail Vikas Nigam Ltd and IRCON International Limited.
We should take a little quantity at very decent dip. But RSI indicating stock trading in over bought zone so we should wait to take fresh entry till cool of the stock. It is my point of view according my analysis it is not any recommendation so be safe and do your study before the investing.
#longterm #Fundamental #technical #Penny stock #PSU
BTC 1H ReviewHello everyone, let's look at the BTC to USDT chart on a one hour timeframe. As you can see, the price moved dynamically above the local downtrend line.
After unfolding the trend based fib extension grid, we see that the first support is at $29623, then the second at $29423, the third at $29263, and then we have a strong zone from $29098 to $28867.
Looking the other way, we see that the price has recovered quickly and is holding just below the resistance at $29,819, then we have strong resistance at $30,136 and then very strong resistance at $31,049.
The RSI indicator indicates that the energy is used, while the STOCH indicator also shows the energy used in this movement, which may result in a price correction.
BTC Dominance ReviewHello everyone, I invite you to check the current situation of BTC Dominance over the cryptocurrency market. first of all, we will mark the local downtrend channel in which we are moving, and what is more, we are approaching its upper limit.
Now we can move on to marking the places of support in the event of a correction. And here it is worth marking two support zones. The first zone starts at 49.88% and continues to 49.50%, then we have the second support zone from 48.87% to 48.45%.
Looking the other way, in a similar way using the fib retracement tool, we will mark the resistances that BTC dominance has to face, and here we first have resistance at 50.79%, then we have a strong resistance zone from 51.53% to 52, 11%, followed by resistance at 52.73% and further at 53.56%.
When we look at the RSI indicator, we see a strong increase and room for further upward movement, but the STOCH indicator gives information that the energy in this movement is running out, which may stop the current upward movement.
ETH/USDT 1DReview ChartHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line.
We will use the fib retracement tool to mark support and here we see that the price is holding a support zone from $1829 to $1780, then we have support at $1712 and then a strong support at $1625.
Now let's move on to the resistance areas, and here we first have a zone from $1883 to $1915, then resistance at $1942, another at $1980, then strong resistance at $2031.
As we can see, the RSI indicator is in the process of correction, however, there is still room for the price to go lower, and the STOCH indicator shows that the energy is running low, which may indicate the approaching end of the recovery.
USD/CNYFX_IDC:USDCNY Price is at a tough spot and I should wait to make a guess. Price could break out of the triangle and retest the resistance zone(I didn't mark it but it will be the last high)before it shoots up -OR it will come back down to the daily support and continue in the range. All I can say for now is that I'm watching to see if a "death cross" will form from the 200 ema and the 20 ema.
EUR/USD -Macro Resistance $EUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$
One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames.
With TVC:DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of TVC:DXY , Euro tends to bleed.
()
Not to mention above else, that Fundamentally, Euro-Zone is not looking as promising to support
EUR currency against TVC:DXY
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
EURNZD - All Confluences Pointing To Bullishness!Analysis:
Strong upwards trend (bullish bias)
Retest of a key level (bullish bias)
50% fib retracement touch (bullish bias)
Upwards trendline touch (bullish bias)
EUR strongest major currency (bullish bias)
NZD 5th strongest major currency (bullish bias)
40K long position increase for the EUR (bullish bias)
2K short positions increase for the NZD (bullish bias)
Comment:
All of the confluences factors that we pay attention to are pointing to bullishness on this pair which is why we have a overall bullish bias.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
GILLETTE will break its previous highGillette is in the same price range of 2017-18 but it has given a net profit of more than 1643 crores and it is 29% down from its lifetime high. SO it is currently an undervalued stock. If it reaches lifetime high then a profit of 37% is made on the bet but it will surely break the lifetime high and make a new lifetime high. The company has significantly reduced its other costs and increasing it revenue and net profit. It is trading at a lower P/E ratio that its average 10 year P/E. It has a CWIP of 74 crores which means the company is looking for expansion. The company is debt free which makes it a safe share to buy and get huge gains.
ETH 1H Review Be careful!Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. In the first place, we can mark the downtrend channel, however, we are currently moving in a sideways trend channel in which the price is still holding.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see the first support is the zone from $1841 to $1829, then we can mark a very strong support zone from $1780 to $1714, when the price falls below this zone we can see a drop around $1626.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see a strong resistance zone from $1,894 to $1,947, then we have resistance at $1,984, and then the price needs to break through the $2,031 resistance to continue up.
When we turn on the EMA Cross 200, we see that the price made an attempt to return to the uptrend, but it failed and we quickly fell below the ema cross 200.
The CHOP index indicates that the energy is almost depleted, the RSI has a strong rebound but there is still room for us to go lower, the STOCH index indicates that the energy is depleted at the moment so we can see a temporary sideways trend.
EURAUD - Bullish Breakout Of The Range?Analysis:
Bullish Confluence Factors
Upwards trend
Break and retest of a previous area of resistance for support
38.2% fib retracement level
In an upwards channel
Longer term upwards trendline present
EUR is the strongest major currency whereas the AUD is the 7th strongest major currency
2K short position increase for the AUD
Neutral Confluence Factors
Neutral decrease in positions both long and short for the EUR
Stay Safe - The JPI Team
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.