AUDUSD Looking for mean reversion trade (SHORT TERM)Daily Chart seems over extended using 200sma Bollinger Band and RSI reacting at 25 oversold level although this could still push lower. If my predictions is right that the price could pull back to at least close to mean there could be an opportunity for a trade
1hour execution timeframe I waited a pullback to a 61.8 fib from the range also at the rsi 100sma pull back for confluence
Priceactionanalysis
#NIFTY Intraday Support and Resistance Levels - 20/12/2024Flat or slightly gap down opening expected in nifty. After opening if nifty starts trading below 23950 level then possible strong downside rally upto 23750 level. Any bullish rally only expected if nifty starts trading and sustain above 24050 level. 23950-24050 levels are the consolidation zone for nifty.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/12/2024)Today will be slightly gap down opening expected in banknifty. After opening if banknifty sustain abover 51550 level then expected consolidated movements in between 51550-51950 level. Strong downside fall expected below the 51450 level. This downside rally can goes upto the 51050 level.
GBPUSD BEARISH IDEAGBPUSD price attempting to break the weekly bearish flag possibly attempting to test previous weekly structure lows
Daily chart shows a possible divergence creating a thesis that a possible pullback is imminent that could test previous support turned resistance for possible bearish continuation set up
note:
The indicator you are seeing in the chart are bollinger bands with 200 sma that would show if price is over extended long term. this indicator is set to daily so that if you scroll down to lower time frame what you will see is the same indicator but set to daily. The RSI is the regular rsi with 100sma bollinger band for long term trend shifts in momentum.
4h or 1h chart would be the execution chart if I will see pull backs to fib levels using RSI midline and sma as confluence
BITCOIN LOSING ITS MOMENTUM? SHORT TERM BEARISH SETUP.I have been noticing the price exhaustion of Bitcoin on the Daily price graph. If you notice the momentum to the highs are very limited compared to its recent momentum. And notice the big divergence on the RSI. On its previous correction it took only two big down candles for correction as compared to to its previous pullbacks. I have ha feeling prices needs to breath lower before it can make a big push higher so I'm betting a correction to its previous structure lows.
Let me know what u think
Indicators on chart are
Daily 200sma bollinger band
RSI with 100sma bollinger band
Gold price analysis December 19⭐️Fundamental Analysis
Gold prices fell sharply due to the impact of the Fed's less dovish outlook.
Fed Chairman Powell emphasized cautious policy in the context of ongoing high inflation risks.
The Fed forecasts inflation target to reach 2% in the next 1-2 years, indicating slow progress.
The latest dot chart shows few interest rate cuts until 2026, stabilizing the Fed funds rate at 3.4%.
⭐️Technical Analysis
Gold prices fell to the 2685 area and were accepted by buyers to push prices up around 2610 in the Asian session. If the European session fails to break 2613, Gold will continue to fall in the European session and the destination is relatively far away at 2585-2558. In case the resistance zone at 2613 is broken, the direction is towards 2633, which is the first corrective wave SELL zone and the second corrective wave SELL zone around 2663
[INTRADAY] #BANKNIFTY PE & CE Levels(19/12/2024)Today will be gap down opening in banknifty. After opening if banknifty starts trading below 51950 level then expected strong downside rally of 400-500+ points. Any upside reversal only expected if banknifty sustain above the 52050 level. Upside 52450 level is the resistance level for the today's session.
#NIFTY Intraday Support and Resistance Levels - 18/12/2024Today will be gap down opening expected in nifty. After opening if nifty starts trading below 24250 level then strong fall expected upto 200+ points. Any upside rally only expected if nifty susitan above the 24300 level. Upside 23500 level act as a strong resistance for today's session.
BERGEPAINT : Going LongThe current net holding is approximately 1.875% of the net capital. I plan to increase the holding to 2.5% once the price reaches the channel's lower trendline.
📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
#NIFTY Intraday Support and Resistance Levels - 17/12/2024Flat opening expected in nifty. After opening if it's sustain above the 24550 level then expected continue upside rally. Major downside expected below the 24450 level. Upside 24750 will act as a strong resistance for nifty. Any major upside rally expected above this level.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/12/2024)Today will be flat opening expected in banknifty. After opening if it's sustain above 53550 level then expected upside rally upto 54000 level. Downslide movement possible below 53450 level. Currently marketing trading in consolidation zone of 53000-54000 levels.
pol pol usdt daily analyses
time frame daily
risk rewards ratio > 5 ( incredibly )
look at the chart
this analyse is base on price action and support and resistance
pol has 2 resistance boxes above its price
the weak one ( red ) and the strong one (blue)
pol broke the weak resistance and price came down little and moved up and broke again.
now it pass the first box and will move to strong one.
if pol can break second resistance ( blue ) we will reach our valuable target and 500% benefit
it is not out of reach
Gold Price Analysis December 16Fundamental Analysis
Expectations of a hawkish Fed rate hike next week boosted the US dollar and US Treasury yields on Wednesday, leading to a corrective pullback in gold prices from multi-month highs.
US President-elect Donald Trump's tax plan will add to inflation and delay the Federal Reserve's easing policy.
Technical Analysis
Gold is in a strong bearish channel with 2636 being the first target of the downtrend and 2626 the next. The recovery to be considered a trend reversal only when gold closes above the 2691 area. Gold is still considered a downtrend if it faces the 2672 and 2691 port areas. Pay attention to price reaction to have the best trading strategy
Trading attention zone
BUY zone 2626-2624 Stoploss 2620
SELL zone 2673-2675 Stoloss 2678
Gold Market Weekly Analysis | XAUUSD Price action OutlookGold prices experienced a nearly 1% decline last week, largely influenced by a series of US economic data releases. Mixed signals from consumer and producer inflation reports kept markets cautious, but the lower-than-expected Initial Jobless Claims report strengthened investor confidence in a potential Federal Reserve rate cut at its December 17-18 meeting. Currently, traders are assigning a 93% probability to a 25 basis points (bps) rate reduction.
Next week promises to be eventful, with key US economic releases such as S&P Global Flash PMIs, Retail Sales, Industrial Production, and the core PCE Price Index, alongside the pivotal FOMC policy decision. These will play a critical role in shaping gold's trajectory.
In this video, I dive deep into the XAUUSD chart, breaking down technical and fundamental factors to help us navigate the upcoming trading week.
📢 Disclaimer: This video is for educational purposes only and does not constitute financial advice. Please consult with a professional before making trading decisions.
#GoldAnalysis #XAUUSD #GoldPriceForecast #FOMC #RateCut #ForexTrading #MarketOutlook