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NZDUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Long
by TheGrove
3
Yemi_Fx1 | Bearish Setup and opportunity on EURCAD EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly. The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around 1.4500 And a potential bear flag pattern has emerged on the 4-hour chart. This pattern is characterized by a preceding impulsive move, a consolidation phase, and a downward breakout from the consolidation. If the pattern hold This will lead to move in the favour of the bears. If you found this helpful please support your fellow trader with a like.
Short
by Yemi_Fx1
GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
'GBPJPY' Big Profit So , as we can see that now every time GBPJPY breaks its high it falls 8000 pips somewhere which is marked in it chart now what you guys have to do for the trade is that wait for GBPJPY to break its latest high and then go up for at least 1% then you have to see for LH LL and then enter the trade and after the new high the market will fall and a high chance that it will fall for 8000 pips or more than that because of the interest rate decision and we all know that banks don't buy at tops but they sell it on top and buy at bottom so guys be with them and win. If there is any doubt or advice the comment and if you do like my idea , trade or plan then give it a boost and try to trade this plan and do try this on your chart too you will understand the move and the trade I planned. Analysis on - 1D time frame PRO TIP - For people who are stuck in GBPJPY shot i have a tip for you guys that you guys have to keep and eye on Japan interest rates because it's the factor which is driving the price of GBPJPY and try to get a buy when market falls again for 8000 or 9000 pips and try to hedge you ACC and then whenever market breaks the new highs then you guys have to take a small risk and open a trade at the new top after seeing the LH LL and cut the buy you guys took at the bottom which will help you recover your ACC
Short
by siddharth_thakur
NZDUSD → Trade Analysis | Bullish opportunityHello Traders, here is the full analysis. Price reversal going up levels for BUY . GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
3
Yemi_Fx1 | Bullish Setup and opportunity on EURNZDHappy New Week all, One of the pair on my watchlist this week us the Euro/Kiwi. From a multiple time frame perspective, on Daily TF we can see an overall bullish continuation pattern, inside thus pattern price has made an impulsive leg, followed by a correction which is more visible on the 4HTF, and 1HTF as a descending channel. This above signifies that a reversal is about to take place. My overall bias in OANDA:EURNZD is Bullish. I am waiting for price to test and validate the bottom trendline in conjunction with the support level. My entry will be Risk entry : To enter at the test of area of interest after the confirmation of a candle stick signal. Reduced -Risk Entry: Entering after the test and a formation of continuation pattern (Flag). If you found this helpful please support your fellow trader with a like.
Long
by Yemi_Fx1
1
£INFIBEAM 17 TGT 26 47% Buy Recommended - Rachit SethiaINFIBEAM 17.75 TARGET 26 SL 13 Return 47% RR > 2 TF < 6 Months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:INFIBEAMLong
by Rachit_Sethia
7
SWING IDEA - GSFCTechnically the stock looks good. There are multiple confirmations for the same. The reasons are stated below : stock is in a uptrend and corrected till the 0.618 zone (golden zone) 50EMA support in daily TF created a 'W' pattern a strong bullish engulfing candle on a crucial zone (engulfed 4 daily candles) Stock could easily move unto 193-198.65 levels in coming weeks. 198.65 is all the high for this stock. 1st target will be 193-198 2nd target will be 211 SL - daily close below 165
NSE:GSFCLong
by Visionary_Growth_Insights
💡Gold: Rises in Asian Session on Technical CorrectionDuring the early Asian session, gold experienced an increase, signaling a probable technical upward correction following a 1.15% decline in the front-month Comex gold for January delivery on Wednesday. According to Daniel Ghali, senior commodity strategist at TD Securities, robust buying activity in China is bolstering gold prices. In a recent research report, Ghali highlights that the top ten traders on the Shanghai Futures Exchange have augmented their net long positions by nearly 10 tons since the New Year holidays. Currently, spot gold is showing a 0.1% rise, reaching $2,008.75 per ounce.
OANDA:XAUUSDShort
by Stone_Haven
Ethereum can reach resistance line and then rebound down from itHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price a few time ago started to trades in an upward channel, where it at once rebounded from the support line and rose higher than the 2030 support level, which coincided with the buyer zone, breaking this level. After this, ETH in a short time declined to support line of the channel, after which it rebounded and made a strong impulse up to the resistance line, breaking the 2030 level again. Then price turned around from the resistance line and made little correction, after which ETH continued to move up to the current support level, which coincided with the support area. When Ethereum reached this level, it rebounded and made a correction to the support line of the channel, after which the price bounced and made a strong upward impulse to 2720 points, thereby breaking the 2400 support level and exiting from the upward channel. After this, the price in a short time declined below the resistance line, thereby making a fake breakout and now it trades below. In my mind, Ethereum can grow to a resistance line, after which the price will bounce and start to decline to the 2400 support level, therefore I set my target at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
Gold Trade ChannelFor the last weeks, Gold has been closely trading in between the diagonal support and resistance. The question now is: Where is it going next? We can expect a good Risk to Reward in both directions. I will wait for a break in a certain direction and wait for the retest afterward. More likely after the Higher inflation data and tensions in the Red Sea with the Hauthi rebels spike up is expected. However, the dollar was showing resistance with the better-than-expected economic data last two weeks so consolidation is also on the table. What is your idea or view? Comment below and lets make a nice and positive discussion.
OANDA:XAUUSD
by Elite_Forex
USDJPY: Get good support for price increasesHello dear friends, do you think USDJPY will increase or decrease today? Currently, the USDJPY currency pair is receiving quite good upward momentum with many factors supporting this recovery. - Regarding the first factor: USDJPY has completely exited the trend and the downtrend line shows that the strong momentum of buyers has returned. - Regarding the second factor: After the price adjustment to the 0.5 Fibonacci zone, the price started to rebound again, this is a perfect DOW sign showing huge buying power from investors. With the above two factors, we will prioritize the Buy USDJPY strategy with favorable conditions to take profits at the two main milestones of 146.55 and then at 148.32. And you, what are your ideas about USDJPY?
by Karina_Bella
GBPUSD | COULD BE A GOOD BUYHey Traders 👋 Quick update on GBPUSD. Remember the trade we rolled out on Monday? It clocked in a cool 30+ pips before taking a bit of a breather. Looks like it's not done yet. I'm seeing a solid chance for a continued push upwards. So, it's a new trade, but sticking with the same setup as before. The 1-hour chart shows a new wedge pattern and looking at institutional data GBP is gaining ground against the dollar, things are looking pretty upbeat for this setup. 🎯📈
Long
by FX-TradingLions
$ALRS is a well-growing company. Idea is here.MOEX:ALRS reached a high of the building. But this is just an intermediate step to jump to the building much higher. To proceed with this plan, it will loose a part of capitalization for a while. Till 75 to prepare an opportunity for getting better impulse to the level of 107. Buy - 80-75 Sell - 100-110 Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
RUS:ALRSLong
by furoreggs
GBPUSD | I BELIEVE COULD BE A GOOD BUYHey Traders! I'm currently eyeing GBPUSD as a solid buy opportunity. Here's why: we're seeing a clear uptrend, and importantly, it's just broken through a key monthly pivot point. What's more convincing is the formation of a 4-hour bullish engulfing candlestick pattern. Also, the 1-hour chart shows a double bottom that's successfully broken its neckline. After a brief pullback, it seems poised to retest its previous top levels. Keep an eye on the 1.28000 mark. It's shaping up to be a strong resistance level, but if it's breached, we could be looking at some serious gains. However, always remember to manage your risks wisely. I'd suggest setting your first take profit target within the 20-40 pips range.
Long
by FX-TradingLions
GBPUSD is trending upAfter a four-day consecutive correction from the high point of $2,088 on December 28th, gold prices saw a slight increase on Thursday, reaching above $2,050. This indicates that the correction signal for a larger uptrend still receives some support, as technical studies in the daily chart remain in the main bullish trend. Gold continues to benefit from the widespread expectation that the Fed will begin cutting interest rates in 2024, as well as signals suggesting a potential economic slowdown in the US this year. However, due to the minutes of the meeting showing significant uncertainty about the prospect of a Fed rate cut, the expectations for an early rate cut in March have gradually diminished. This has created resistance to further upward movement in gold prices and made the downside risks more fragile. Bulls need to break the key resistance between $2,052 and $2,058 to initiate new bullish momentum and achieve a stronger recovery. Breaking this range, bulls will face strong resistance at $2,063-$2,066 to strengthen the bullish structure and attempt to break above $2,100 again. However, as the New York session progresses, a series of data releases have not supported this structure, increasing the risk of further downside for gold prices. In this context, the fragility of gold prices needs to adjust downward until testing the upward trend support at $2,009. In terms of trading strategy, it is recommended to go short at highs.
by NicoTradingMaster
Today's GBPUSD trading strategy will be slightly bearishIt’s a wild ride in the world of currency! Recent news about UK inflation is turning heads. The British Retail Consortium (BRC) shared that retail prices climbed by 4.3% in the year leading to December. But wait, there's more! Food prices’ inflation slowed down to 6.7% from 7.8% the previous month. MUFG, the wizards of financial insight, pointed out that this data signals a cool-down in inflation risks. Numbers don’t lie – the 6-month annual rate until November stood at a mere 0.6%, while the core rate was a modest 2.4%. Inflation's coming down as fast as it shot up in the year’s first half. But hold on tight! The GBP/USD seems to be in for a bumpy ride. Why, you ask? Well, the Fed's tough stance on rates is playing its part, giving the pound a bit of a weight to carry. And there's more drama—UK’s economic growth seems to be slowing down. Brace yourself, as experts foresee a possible drop in the GBP/USD, eyeing that support level of 1.2580. Mark your calendar, as the next UK inflation data’s making an entrance on January 17. Hey, it's not all numbers and graphs! Let’s peek into the UK economy’s mood. The Institute of Directors (IoD) had a rollercoaster ride with their confidence index. After a gradual climb since June, it stumbled down to -28 from -21 in November. Costs and wages expectations? They’re sky-high, hinting at some heavy inflation pressures. The IoD’s Policy Director, Roger Parker, spilled the tea on rising interest rates, saying it's been a bit of a downer. According to Parker, improvements in inflation haven’t quite hit the decision-making part of the business.
Short
by carefulLion07pab
1