GBPUSD : Outlook and trendsHello everyone, nice to meet you again in today's chat about GBPUSD!
Now GBP/USD attracted some buying for the second day in a row early Thursday and looks to build on the previous day's decent recovery from below 1.2600 or above a one-day low. month. Prices are currently trading just below the 1.2680 mark and remain well supported by the 1.260 support level and reduced bets on an early interest rate cut by the Bank of England (BoE).
Karina is expecting this pair to return to the peak of 1,278 and then 1,281, what about you?
Optionsstrategies
NIFTY INTRADAY LEVELS FOR 18/01/2024BUY ABOVE - 21680
SL - 21610
TARGETS - 21730,21840,21920
SELL BELOW - 21550
SL - 21610
TARGETS - 21500,21450,21390
NO TRADE ZONE - 21550 to 21680
Previous Day High - 21840
Previous Day Low - 21550
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 18/01/2024BUY ABOVE - 46260
SL - 46000
TARGETS - 46500,46760,47000
SELL BELOW - 46000
SL - 46200
TARGETS - 45800,45660,45490
NO TRADE ZONE - 46000 to 46260
Previous Day High - 47230
Previous Day Low - 46000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
USDJPY : Continue the winning streak, keep increasingHello dear friends ! Today continues to be USDJPY's winning streak!
Accordingly, this currency pair is once again supported by the recovery of the USD. USDJPY saw significant buying as investors are reconsidering bets supporting the Federal Reserve's (Fed) interest rate cut decision in March.
Besides, the Japanese Yen's decrease in price for the third consecutive day in the context of BoJ's more dovish expectations is also a factor pushing this pair up.
Currently from the chart, USDJPY has successfully surpassed the resistance level of 146,200. The bullish outlook is still supported for the time being with targets at 148.12 and 149.73 respectively.
EUR/USD attracts some sellers below the mid-1.0900 Hello everyone, what do you think about EURUSD today?
Currently, EURUSD is still in a downtrend after the pair formed a double top pattern and started to decline more with a reversal signal from EMA 34.
Risk aversion in the market dragged risky assets like the Euro lower amid rising tensions in the Red Sea.
For today's trading, we will prioritize SELL because the main trend is still down and trend trading is always an effective and safe way to trade.
What about you, do you think we should sell EURUSD?
Gold price today: Trading is quietHello everyone, nice to meet you again in today's talk about gold prices.
Currently, gold price is fluctuating around 2050 USD and down nearly 8 USD compared to yesterday's transaction. In general, the first day of the gold week did not have much change in trend because the US market was closed during the Martin Luther Day holiday.
However, escalating geopolitical tensions in the Red Sea and a risk-on environment still benefit safe-haven assets such as gold.
December retail sales next Thursday and a preliminary estimate of the January Michigan Consumer Sentiment Index on Friday. The focus will remain on inflation, as Canada, the UK, Germany and the Eurozone will post updates, which will directly impact gold prices whether they have breakouts to the upside or downside. new.
BANK NIFTY INTRADAY LEVELS FOR 17/01/2024BUY ABOVE - 48200
SL - 48050
TARGETS - 48310,48440,48620
SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650
NO TRADE ZONE - 48050 to 48310
Previous Day High - 48250
Previous Day Low - 47880
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 17/01/2024BUY - 22120
SL - 22040
TARGETS - 22180,22260,22350
SELL - 21970
SL - 22040
TARGETS - 21920,21840,21720
NO TRADE ZONE - 21970 to 22120
Previous Day High - 22120
Previous Day Low - 21970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nice floor on SE here - good hedged play opportunityThis floor on NYSE:SE has been the exact bounce spot for the last few months. Has always found a way to bounce to 40-45.
This kind of play I wouldn't touch without a short term hedge (so, put) because if it breaches the floor, it'll see new lows. Why wouldn't you want to bank on the way down too if you're wrong?
BTCUSDT : Trend is unstableBTCUSDT today has a slight recovery although still in a downtrend with the price below the two EMA lines and trading around 42,700 USD.
The outlook for BTCUSDT will increase as this coin maintains its recovery level above the 41,500 USD area. At the same time, it can also make an adjustment to nearly 45,200 USD like the 0.618 - 0.5 fibo level.
Gold price todayHello dear friends, Today the price of gold is trading quite gloomy, down nearly 5 USD and trading around 2050 USD with the trend seemingly starting to move sideways as the market is quite quiet from the holiday event of banks .
The next downside price objective is seen at the triangle support at $2,049. Further out, Friday's low of $2,027 could bring temporary respite to Gold buyers.
The final line of defense for Gold optimists is seen day at $2,020.
On the upside, strong resistance is seen at around $2,060, above which static resistance at $2,080 will come into play. If the bullish momentum regains traction, a retest of the $2,100 barrier cannot be ruled out.
USDJPY : Strong increase or decrease?Hello dear friends ! What do you think about the trend of USDJPY?
Currently, the pair is still holding on well to a recovery streak around 145.40 after it last plummeted to nearly 140.00.
However, in terms of trends, this currency pair still faces many difficulties as the market is still expecting a reduction in interest rates this year.
In fact, from the analysis chart, after the price decline, the correction is ongoing but has reached the retracement zone near the 0.5 Fibonacci level.
This will be a sensitive time for the pair as it also coincides with the 146.00 resistance level.
In case the price breaks beyond the 0.5 level, the upside prospect will continue, but if the price cannot surpass that level, the bearish scenario as mentioned above will take place with the possible reduction target returning to 144.00.
And you, do you think USDJPY will increase or decrease?
NIFTY INTRADAY LEVELS FOR 16/01/2024BUY - 22110
SL - 22040
TARGETS - 22180,22260,22350
SELL - 21970
SL - 22040
TARGETS - 21920,21840,21720
NO TRADE ZONE - 21970 to 22110
Previous Day High - 22110
Previous Day Low - 21970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 16/01/2023BUY ABOVE - 48200
SL - 48050
TARGETS - 48440,48620,48800
SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650
NO TRADE ZONE - 48050 to 48200
Previous Day High - 48250
Previous Day Low - 47880
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
ALLY Ally Financial Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ALLY Ally Financial prior to the earnings report this week,
I would consider purchasing the 31usd strike price Puts with
an expiration date of 2024-2-16,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EURUSD: Continues steady recoveryHello wonderful friends, what do you think about EURUSD?
Opening the new week, the EURUSD currency pair maintained a slight recovery with the price at 1,096 and up 0.15% on the day. Price still mainly operates around the two EMA lines and there is not much change in trend.
Karina is expecting this pair to escape the price range and make a Breakout to reach higher levels. How about you ?