PLatinum Quick Video Idea - -2024.04.08EASYMARKETS:XPTUSD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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DAX Future Quick Video Idea - 2024.04.08EASYMARKETS:DAXEUR
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTCUSD Quick Video Idea - 2024.04.08EASYMARKETS:BTCUSD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Gold Quick Video Idea - 2024.04.08EASYMARKETS:XAUUSD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
JOE / USDT Update 05/04/2024Honestly, no idea, even smallest...or it was a premature end of short order or it is going to "HIT" TP....
Personally me? I did "cash in" already...chasing the "crumbs" could lead to the loosing all pack of the bread...Simply I do not like pointless gambling... or... it is simply lack of the patience... not so sure...
G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS":
PS, general advice: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait for price retracement to ( 1 )- EP-SL area or for the next new set up ;)
Congratulaions to all traders with profits again! ;)
Catching the Wave: BFIC/USDT Trade SetupWelcome to my trade idea for BITMART:BFICUSDT (BFIC/USDT), where I aim to capitalize on technical signals.
For our entry strategy, we have identified two potential points:
First Entry: Our initial entry point is at 9.8115. This decision is supported by a bullish 1-hour FAIR Value Gap (FVG) signal.
Second Entry: We will consider a second entry opportunity at 9.5002.
To mitigate risk, our stop-loss (SL) for both entries combined is set at 9.1682. Additionally, it's advisable to practice dollar-cost averaging (DCA) if the price retraces to 9.2716, further minimizing potential losses.
Regarding our target price (TP), we're eyeing the all-time high (ATH) at 39.9. While it's natural to anticipate when this level might be reached, it's essential to remain flexible. You have the option to take profits before the full TP is achieved, ensuring you lock in gains along the way.
In summary, we're riding BFIC/USDT with technical finesse, keeping our eyes on the charts. Stick to the plan, stay flexible, and let's ride those waves to profit town! 🚀📈
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Is NZDJPY In Falling Wedge, Or Is Something Else Building Up?Looking at the short-term technical picture of EASYMARKETS:NZDJPY , from around mid-March, the pair is trading inside a falling wedge pattern, which tends to be a bullish indication. Additionally, the rate continues to trade above a short-term upside support line drawn from the low of July 2023. Despite these indications to the upside, in order to aim higher, we would like to wait for a violation of the upper side of the aforementioned wedge first.
If that happens, we would aim for the 91.21 obstacle, or even for the 92.20 zone, marked by the highest point of March. If the buying doesn't stop there, the next possible target might be at 93.45, which is the current highest point of this year.
Alternatively, a break of the lower side of the previously mentioned wedge and a drop below the upside line could attract more sellers into the game. EASYMARKETS:NZDJPY may then travel to the 89.26 obstacle, a break of which could set the stage for a move to the 88.64 level. That level marks the current lowest point of this year. If it fails to provide support and breaks, this move might clear the path to the 87.67 zone, which is the lowest point of December 2023.
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easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
The USD/JPY pair rises to its highest levels since 1990The USD/JPY pair rises to its highest levels since 1990
The Japanese yen continued its losses during trading on Wednesday, with the USD/JPY pair falling to its lowest levels since July 1990, that is, in nearly 34 years, with the continued strong upward momentum of the American currency and the failure of the recent shifts in monetary policy at the Bank of Japan to give sufficient support to the yen. Japanese.
The dollar/yen pair rose to the level of 151.975 yen during early trading in the session, which is the highest level recorded by the pair since the beginning of July 1990, after the Governor of the Bank of Japan, Kazuo Ueda, stated that the Bank of Japan will continue to maintain its current accommodative policy as long as necessary. To support economic growth.
But the yen was then able to regain some ground and recovered a bit after Japan's Finance Minister, Shunichi Suzuki, came out with an immediate warning, calling for decisive action by the government, a phrase he last used in late 2022, before the Bank of Japan intervened in the forex market. To buy yen and sell dollars.
Last week, the Bank of Japan raised interest rates for the first time in 17 years, but despite this, the Bank of Japan's tightening is expected to occur very gradually, which has reinforced the yen's losses, especially in light of growing expectations that the Federal Reserve may have to wait. longer before he could cut rates, which gave additional support to the dollar.
CHF Loses Ground After The SNB Rate CutToday, the Swiss National Bank cut its interest rate, dropping from +1.75% to +1.50%. Last time we saw any changes made in the rate were back in June 2023, when the Bank lifted the rate from +1.75% to +1.50%. After the release of the news CHF devalued against all of its major counterparts, even against the currently-weak USD.
Looking at the technical picture of EASYMARKETS:USDCHF on our daily chart, we can see that the pair popped higher today after the SNB release. The rate rose above a key resistance barrier, at 0.8886, which is the highest point of February. As long as EASYMARKETS:USDCHF continues to trade above that barrier, we will stay positive, at least with the near-term outlook.
Given that the pair had already reached and overshot one of our key resistance areas, at 0.8954, we will continue aiming higher. That's when we will target the 0.9052 obstacle, or even the 0.9113 level, marked by the highest point of November 2023.
In order to shift our attention to some lower areas, a break of a short-term tentative upside support line taken from the lowest point of December 2023, is needed. This way a directional change of the current uptrend may occur, possibly inviting more sellers into the game. EASYMARKETS:USDCHF could then fall to the current lowest point of March, at 0.8730, a break of which may set the stage for a move to the 0.86500 area. That area is marked near the inside swing highs of January 29th and February 1st.
BANK NIFTY INTRADAY LEVELS FOR 18/03/2024BUY ABOVE - 46690
SL - 46560
TARGETS - 46870,47050,47200
SELL BELOW - 46450
SL - 46560
TARGETS - 46300,46100,45930
NO TRADE ZONE - 46450 to 46690
Previous Day High - 46690
Previous Day Low - 46300
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.
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HAPPY TRADING 👍
Brent Oil Getting Into A SqueezeLooking at the technical picture of EASYMARKETS:BRTUSD on our daily chart, we can see that the commodity is currently trading in a small range, roughly between the 81.83 and 83.98 levels. At the same, on the bigger picture, the price remains between two trendlines: a short-term upside support line taken from the lowest point of December 2023 and a downside resistance line drawn from the highest point of September 2023. This means that the pair is slowly getting into a squeeze. Although we might see some strong movement in-between the two trendlines, we would prefer to wait for a breakout first, before examining the next short-term directional move.
A push through the upper side of the aforementioned range and a break of the previously discussed downside line would also place EASYMARKETS:BRTUSD above the 83.98 barrier, possibly attracting more buying interest. A forthcoming higher high would be confirmed, potentially clearing the way towards the 87.87 zone, marked by the highest point of November 2023. If the buying doesn't stop there, the next aim could be at 89.58, which is the inside swing low of 19th of October 2023.
Alternatively, a price-drop below the lower side of the range and a break below the short-term upside line may set the stage for a move to lower areas. EASYMARKETS:BRTUSD could then fall to the 79.44 territory, a break of which might open the door for a move to the 76.64 level. That level marks the lowest point of February.
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easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$GME: 🚨Small Pop to test $15.76Hello everyone,
Welcome back to another NYSE:GME analysis. Last time, I mentioned that NYSE:GME will bounce between $13-16 before earnings. If there is a daily close above $14.27, price will head to the first PT at $15.76. Above this, NYSE:GME should test $21.72.
As always, not financial or sexual advice 🚀
Good luck!
EOSUSDTHi guys
In my opinion, the rising guard of the chart is quite evident.
The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term.
On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (;
what do you think!?
Can Ripple Join The Other Crypto Boomers?Looking at XRPUSD on our daily chart, we can see that Ripple is barely moving higher, despite the recent crypto-mania. Major cryptos such as Bitcoin and Ethereum have accelerated rapidly to the upside at the end of February. This is something that Ripple is struggling to achieve. Most likely the demand for this crypto has faded away due to the ongoing lawsuits, which the SEC has against this tech company.
That said, from the technical perspective, recently, the rate had popped above a medium-term downside resistance line drawn from the highest point of July 2023. At the time of writing, the crypto continues to balance above that trendline, however, in order to get comfortable with further advances, we would have to see XRPUSD remaining above that downside line.
If that happens, we will then aim for higher areas, such as the 0.6241 hurdle, marked by the high of January 11th. If that hurdle is not able to withstand the bulls, its break may clear the way to the 0.6582 obstacle, or even the psychological 0.7000 zone, marked by the highest point of December 2023.
Alternatively, a break of a short-term tentative upside support line taken from the low of January 31st, may attract more sellers into the game. XRP/USD could then travel to the 0.5182 hurdle, marked by the current lowest point of this week. If that hurdle doesn't stop the fall, the next possible target might be the current lowest point of this year, at 0.4815, or even the 0.46000 level.
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CHFJPY Looking For An ExitFrom around the beginning of January, EASYMARKETS:CHFJPY continues to move sideways, while trading roughly between 169.30 and 171.50 levels. While the pair remains inside that range, the rate could continue moving sideways. That said, given that the prevailing trend is to the upside, there is a greater chance the breakout could occur through the upper side of that range.
If EASYMARKETS:CHFJPY makes a move through the upper side of the range, this will confirm a forthcoming higher high, potentially attracting more buyers into the action. Given that the pair would enter uncharted territory, there are no historic resistance barriers available, hence why we will target hurdles such as 173.00 and 175.00.
Alternatively, a drop below the lower side of the aforementioned range, at 169.30, could spook the remaining bulls from the field for a while. That's when EASYMARKETS:CHFJPY could travel to the 166.78 zone, marked by the current lowest point of this year. If that zone surrenders and breaks, this move will establish a new low for the year, possibly creating an opportunity to send the rate to the 165.65 level. That level marks the low of December 21st.
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BITCOIN MOVE UP OR DOWN? WHAT'S NEXTThe current Bitcoin (BTC) price stands at 51,668, and there is an attempt to surpass the resistance at 51,800. If successful, BTC is expected to climb to 52,500, with the subsequent target being 53,200. Conversely, a failure to breach the 51,800 resistance and a drop below 51,400 could trigger a sell-off. In this scenario, the first sell target is set at 50,600, followed by a potential decline to 49,000 if market conditions do not support sustained levels. It is crucial to closely observe the market for any indications of a breakout or a change in established patterns.
Gold Price After BREAKING $2030 Gold Price Analysis for the Week of 26/2 - 1/3/2024
• Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news.
• The XAU/USD is currently trading at $2,038, showing a 0.70% increase.
• Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above it.
• Based on technical analysis, NOVA identifies key resistance at $2050 and support at $2030, $2016, and $2000.
Will the downside line provide strong resistance for GOLD?Looking at the technical picture of EASYMARKETS:XAUUSD on our 4-hour chart, we can see that after a brief visit of the area below the psychological $2000 mark, the commodity is now struggling to find it's next near-term direction. This is because it had approached a short-term downside resistance line drawn from the highest point of December. In order to continue moving higher, a break of that downside line is required. Otherwise, the recent move higher might be seen as a temporary correction before another possible leg of selling.
If the aforementioned downside line continues to provide strong resistance, EASYMARKETS:XAUUSD could drift back down again. We will get even more excited with examining lower areas if the price falls below the 2024 territory. At the same time, EASYMARKETS:XAUUSD could fall below all our EMAs on the 4-hour chart, increasing the chances of further declines, as more sellers may join in. We will then aim for the 2015 obstacle, or even the 1996 zone. That zone is marked by the inside swing high of February 14th and the low of February 16th.
Alternatively, a break of the previously discussed downside line and a push somewhere above the 2039 barrier, marked near the highs of February 6th and 8th, could signal a change in the direction of the current short-term trend for EASYMARKETS:XAUUSD , potentially inviting more buyers into the field. That's when we will start aiming for the next possible resistance area between the 2064 and 2065 levels, which acted as a strong resistance area from the 5th of January.
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easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.