NZDCAD is in the Bearish direction From Solid ResistanceHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Pivot Points
GBP/AUD Long Term buying Trading IdeaHello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today GBP/AUD analysis 👆
🟢This Chart includes_ (GBP/AUD market update)
🟢What is The Next Opportunity on GBP/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCHF will be in the Bullish direction after testing SupportHello Traders
In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (USDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
GBPCAD is in the bearish directionHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
GBPJPY Trendline Breakout , All eyes on sellingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD → 1.12000 This WeekThe key level this week is at 1.12000
Today, we have two news during the american session where high volatility is expected. If the euro falls to the minimum level of last Friday, we will take advantage of this to add new buy orders.
Guys, what do you think? Leave a comment with your thoughts.
Navigating BTCUSD: A Data-Driven Approach to Bullish TradingI have a bullish outlook on BTCUSD, and here are a few key reasons supporting this view:
1. Political Changes: Recent shifts in the U.S. political scene may lead to more favorable regulations for cryptocurrencies.
2. Economic Conditions: The economy seems to be stabilizing, with inflation decreasing and growth continuing.
3. Institutional Interest: Big investors are showing renewed interest in Bitcoin, which is a positive sign for the market.
To get into long positions on BTCUSD, I’m using a strategy based on probabilities.
By using this approach, I aim to make smart, data-driven decisions in the exciting world of Bitcoin trading.
1D:
1H:
Please feel free to share your thoughts and ideas in the comments below!
Let’s learn from each other and navigate this exciting market together!
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively stable, but a sharp decline occurred during the pandemic, reflecting economic contraction. The recovery of the VNINDEX (Vietnam Index) after the COVID crisis serves as an indicator of the country's economic recovery and the financial market's response.
2. Technical Analysis
The VNINDEX represents the movement of the Vietnamese stock market index, which has shown an upward trend in the long term. However, there are clear signs of corrections and recoveries over the past few years. Between 2018-2020, there was significant fluctuation, with a steep drop during the COVID-19 period (2020), followed by a recovery in the subsequent year. After 2021, the index has been rising, and it is currently facing resistance around the 1,287-point level, indicating a possible attempt to break through this resistance. The upward arrow symbol shown in the chart suggests a potential for the index to breach this level, which could indicate a continuation of the upward momentum.
3. Additional Insights for Analysis
The recovery of the VNINDEX aligns with the broader economic recovery trend post-COVID-19. The steadiness of the VNFGDPG could point to other economic factors still influencing the country's growth.
If compared with other countries in the region, how do you view Vietnam’s economy?
When comparing Vietnam's economy to other emerging markets, especially in Southeast Asia (ASEAN) such as Thailand, Indonesia, the Philippines, and Malaysia, Vietnam stands out in several key areas:
1. Economic Growth
Vietnam has maintained a relatively high GDP growth rate over the past decade compared to other countries in the region. Especially before the COVID-19 pandemic, Vietnam was recognized as one of the fastest-growing economies in the group.
The Philippines and Indonesia also have robust economic growth, driven by the expansion of industries and foreign investment.
Compared to Thailand and Malaysia, Vietnam’s economic growth has been more prominent. Both Thailand and Malaysia have experienced slower growth in recent years, particularly in sectors like tourism and exports, which were heavily impacted by the COVID-19 pandemic.
2. Industrial and Export Development
Vietnam is regarded as a new manufacturing hub of Asia, especially in electronics, textiles, and heavy industries. Vietnam is a major exporter of these products, particularly to large trading partners like China, the U.S., and Europe, which has helped its economy recover quickly post-COVID.
Indonesia is strong in energy and natural resources, being a major exporter of oil and natural gas in the region, while the Philippines has seen growth in information technology and business process outsourcing (BPO).
On the other hand, Thailand and Malaysia face challenges due to their heavy reliance on tourism and decreased foreign investments.
3. Foreign Direct Investment (FDI)
Vietnam has been a major destination for foreign direct investment (FDI), especially from companies shifting manufacturing out of China to avoid the U.S.-China trade war. This has driven strong growth in Vietnam’s manufacturing, technology, and construction sectors.
The Philippines and Indonesia also attract FDI, particularly in mining, energy, and IT sectors, but challenges related to infrastructure and political stability make them slightly less attractive compared to Vietnam.
Malaysia, while still receiving considerable FDI, has seen its growth slow in recent years, which makes Vietnam more appealing in comparison.
4. Challenges and Opportunities
Opportunities: Vietnam has significant growth potential due to its large working-age population, low labor costs compared to other regional competitors, and economic policies that promote exports and foreign investment.
Challenges: Infrastructure and bureaucratic inefficiencies remain obstacles to attracting further FDI when compared to countries like Malaysia, which has more developed infrastructure.
5. Impact of COVID-19
Vietnam has shown one of the fastest recoveries from COVID-19 in terms of GDP growth in the region, especially when compared to countries like Thailand, which relies heavily on tourism and was severely affected, and Indonesia, which struggled with controlling the pandemic in its initial stages.
However, global economic uncertainties still pose challenges for all countries in this group.
Conclusion:
Vietnam stands out for its strong economic growth, industrial development, and substantial foreign investment, especially in the post-COVID-19 period. Compared to other countries in the region, Vietnam seems to be better positioned for recovery and continued growth. However, challenges related to infrastructure and political systems could slow its future expansion.
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively stable, but a sharp decline occurred during the pandemic, reflecting economic contraction. The recovery of the VNINDEX (Vietnam Index) after the COVID crisis serves as an indicator of the country's economic recovery and the financial market's response.
2. Technical Analysis
The VNINDEX represents the movement of the Vietnamese stock market index, which has shown an upward trend in the long term. However, there are clear signs of corrections and recoveries over the past few years. Between 2018-2020, there was significant fluctuation, with a steep drop during the COVID-19 period (2020), followed by a recovery in the subsequent year. After 2021, the index has been rising, and it is currently facing resistance around the 1,287-point level, indicating a possible attempt to break through this resistance. The upward arrow symbol shown in the chart suggests a potential for the index to breach this level, which could indicate a continuation of the upward momentum.
3. Additional Insights for Analysis
The recovery of the VNINDEX aligns with the broader economic recovery trend post-COVID-19. The steadiness of the VNFGDPG could point to other economic factors still influencing the country's growth.
If compared with other countries in the region, how do you view Vietnam’s economy?
When comparing Vietnam's economy to other emerging markets, especially in Southeast Asia (ASEAN) such as Thailand, Indonesia, the Philippines, and Malaysia, Vietnam stands out in several key areas:
1. Economic Growth
Vietnam has maintained a relatively high GDP growth rate over the past decade compared to other countries in the region. Especially before the COVID-19 pandemic, Vietnam was recognized as one of the fastest-growing economies in the group.
The Philippines and Indonesia also have robust economic growth, driven by the expansion of industries and foreign investment.
Compared to Thailand and Malaysia, Vietnam’s economic growth has been more prominent. Both Thailand and Malaysia have experienced slower growth in recent years, particularly in sectors like tourism and exports, which were heavily impacted by the COVID-19 pandemic.
2. Industrial and Export Development
Vietnam is regarded as a new manufacturing hub of Asia, especially in electronics, textiles, and heavy industries. Vietnam is a major exporter of these products, particularly to large trading partners like China, the U.S., and Europe, which has helped its economy recover quickly post-COVID.
Indonesia is strong in energy and natural resources, being a major exporter of oil and natural gas in the region, while the Philippines has seen growth in information technology and business process outsourcing (BPO).
On the other hand, Thailand and Malaysia face challenges due to their heavy reliance on tourism and decreased foreign investments.
3. Foreign Direct Investment (FDI)
Vietnam has been a major destination for foreign direct investment (FDI), especially from companies shifting manufacturing out of China to avoid the U.S.-China trade war. This has driven strong growth in Vietnam’s manufacturing, technology, and construction sectors.
The Philippines and Indonesia also attract FDI, particularly in mining, energy, and IT sectors, but challenges related to infrastructure and political stability make them slightly less attractive compared to Vietnam.
Malaysia, while still receiving considerable FDI, has seen its growth slow in recent years, which makes Vietnam more appealing in comparison.
4. Challenges and Opportunities
Opportunities: Vietnam has significant growth potential due to its large working-age population, low labor costs compared to other regional competitors, and economic policies that promote exports and foreign investment.
Challenges: Infrastructure and bureaucratic inefficiencies remain obstacles to attracting further FDI when compared to countries like Malaysia, which has more developed infrastructure.
5. Impact of COVID-19
Vietnam has shown one of the fastest recoveries from COVID-19 in terms of GDP growth in the region, especially when compared to countries like Thailand, which relies heavily on tourism and was severely affected, and Indonesia, which struggled with controlling the pandemic in its initial stages.
However, global economic uncertainties still pose challenges for all countries in this group.
Conclusion:
Vietnam stands out for its strong economic growth, industrial development, and substantial foreign investment, especially in the post-COVID-19 period. Compared to other countries in the region, Vietnam seems to be better positioned for recovery and continued growth. However, challenges related to infrastructure and political systems could slow its future expansion.
Not much room for $GOLD pullbacks - has to be BIG newsGold is only going up for the moment. The channel it is following is now giving little room for significant pullbacks as breach of support lines will trigger some alarm bells against the long bull trend in 2024. So this ascend will take time forming an exponential curve cum parabolic shaping or plateau. Give it a week or 2 for BUYING!
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
Hello Traders
💥Long position on CARDANO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3625
0.3665
0.3715
0.3760
🔴SL:
0.3370
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ZECASH long setup / 1:1 SettingBINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Trade options for 25.9.24Tomorrow there are three reasonable trade options (2 shorts and 1 long) derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 or 3. Option 2 comes only into picture if development of option 1 fails, without any new alltime high tomorrw.
Notes:
green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels.
yellow boxes are derived from higher TF MAs
Intuitive Surgical, Inc. (ISRG) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
US500 (S&P): Trend in 2H time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
If the S&P chart does not react to close levels, this analysis will be invalid.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
US100 (NDQ): Trend in 2H time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
If the NDQ chart does not react to close levels, this analysis will be invalid.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
Key Levels for EURUSDYesterday, EURUSD retested the 1.1100 level but was rejected once again.
As a result, momentum appears to be slowing, with the pair forming lower highs and higher lows.
The uptrend remains intact, so we’re focusing on potential buying opportunities.
Keep an eye on any further rejection or a breakout above the resistance level.
However, this outlook becomes invalid if the pair closes below 1,1066!