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What to do the week America votes?The dollar and the Euro depending on the future president of the USA. The most important week, both for the United States and the rest of the world, and also for the currency markets. The choice between Donald Trump and Kamala Harris is key for the future of the United States, as well as for the development of economies around the world. On November 5, 2024, Tuesday is the election in the USA. The election of Kamala will definitely not affect the dollar well, while the election of Trump would have a positive effect. But there is one very big BUT. In both elections, unrest is very likely to follow, which would adversely affect the United States. Thus, the "elections 2024" drama will not end with the final decision of the voters. Betting on Gold is much safer in these absolutely uncertain times. Even more so with the news that more and more millionaires are trying to leave the United States. After the employment data, this week, fundamentals will generally be left for later trading when the passions surrounding the election die down. Our advice is to choose gold instead of the dollar or euro. You can't go wrong with gold for medium to long term trading. This week, trading will start neutral in anticipation of the news surrounding the elections, but it is possible that individual players will be quite aggressive in the markets. The probability of very large trade turnovers is very high. In addition to the US election, on Tuesday you can watch the ECB's President Lagarde speech, as well as data on the ISM Services PMI (Oct). On Thursday after the election, pay attention to the Fed Interest Rate Decision, where a 25 basis point cut is expected. If everything around the election goes smoothly (although it is unlikely), then the expected lowering of interest rates in the United States will be the main driving event for the week.
by World-Signals
SILVER Massive Long! BUY! My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 32.449 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 33.607 Recommended Stop Loss -31.757 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
1
APPLE Trading Opportunity! BUY! My dear subscribers, My technical analysis for APPLE is below: The price is coiling around a solid key level - 222.92 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 229.43 My Stop Loss - 219.19 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLLong
by AnabelSignals
1
QQQ Technical Analysis! BUY! My dear followers, This is my opinion on the QQQ next move: The asset is approaching an important pivot point 487.37 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 493.00 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQLong
by AnabelSignals
1
Birlasoft Ltd - Technical Analysis and Potential Trade IdeasPrice Structure and Fibonacci Analysis: Birlasoft's stock is currently in a descending triangle pattern, with price approaching a critical support level around ₹523, which aligns with the 0% Fibonacci retracement level from the recent peak of ₹859.55. The Fibonacci levels on this chart highlight major retracement zones: 23.6% Fibonacci level at ₹602.60 served as previous support but has now turned into resistance. The 50% level at ₹691.35 and the 61.8% level at ₹731.05 acted as strong resistance levels during past retracements. Support and Resistance Levels: Support Levels: The stock has a key support zone around ₹523, which has been tested multiple times (green arrows on the chart), indicating a possible demand zone. If this level fails, there is further support around ₹512.40 and a long-term support zone near ₹476.30. Resistance Levels: Immediate resistance is seen near the 23.6% Fibonacci level at ₹602.60, where previous breakdowns occurred. A descending trendline (marked with red arrows) indicates continuous selling pressure around this level. Volume Profile Analysis: The Volume Profile on the right shows a high-volume node around ₹570-₹600, suggesting strong historical trading interest in this area. If the price breaks out of the descending triangle pattern, this zone could act as an initial resistance on a potential upward move. Technical Indicators: Relative Strength Index (RSI): The RSI is near the oversold region, which could indicate a potential rebound if buying interest emerges at the support levels. Volume Trends: A noticeable increase in selling volume has been observed during the recent downtrend, highlighting persistent selling pressure. Trading Ideas and Strategy: Bullish Scenario: A bounce from the ₹523 support level, accompanied by a volume spike, could present a buying opportunity for a short-term recovery to ₹602.60 or higher. Confirmation of a reversal at this level could open the path towards ₹651.70 (38.2% Fibonacci retracement), where further resistance is expected. Bearish Scenario: A breakdown below ₹523, especially with high volume, could lead to further downside toward ₹512.40 or even the long-term support at ₹476.30. Traders may consider short positions below ₹523, targeting lower support levels with proper risk management. Conclusion: Birlasoft is currently at a critical juncture. Traders should keep an eye on the ₹523 support level for potential bullish setups or watch for a breakdown below this level to consider bearish trades. This analysis highlights both opportunities and risks, depending on the upcoming price action around these crucial levels.
NSE:BSOFT
by AngshumanSaikia
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing a gap above at 2751 and a gap below at 2733. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2751 EMA5 CROSS AND LOCK ABOVE 2751 WILL OPEN THE FOLLOWING BULLISH TARGET 2768 EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET 2782 EMA5 CROSS AND LOCK ABOVE 2782 WILL OPEN THE FOLLOWING BULLISH TARGET 2799 BEARISH TARGETS 2733 EMA5 CROSS AND LOCK BELOW 2733 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2717 EMA5 CROSS AND LOCK BELOW 2717 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2705 - 2692 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
20
Analyzing Pepecoin (PEP) on the daily timeframethe price is currently in a downtrend and approaching a significant support zone marked in green. This area aligns with both the monthly and weekly opening prices, suggesting a strong support level. If the price reaches this zone, it could attract buyers, potentially pushing the price upward. Key Points: Current Trend: Downward movement towards the green support zone. Support Zone: Coincides with monthly and weekly opening prices, indicating potential strong support. Potential Action: Monitor for bullish confirmation signals upon price reaching the support zone before considering a long position. Always ensure proper risk management and wait for clear confirmation before entering a trade
Long
by rebenga93
SPX500USD Will Go Down! Sell! Please, check our technical outlook for SPX500USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5,736.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5,643.6 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDShort
by SignalProvider
1
EURUSD Will Move Higher! Long! Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.083. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.099 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
WILL CARNIVAL CRUISE LINE ($CCL) CONTINUE TO SAIL HIGHER?! 50%+🚢 WILL CARNIVAL CRUISE LINE ( NYSE:CCL ) CONTINUE TO SAIL HIGHER?! 50%+ Potential! 🚢 NYSE:CCL had a rough ride during the COVID pandemic as everyone stayed home, not vacationing, and definitely not cruising. But could it be ready for a massive comeback? In my latest video, I break down the "High Five Setup" trading strategy, the ascending triangle breakout, and when to possibly enter this exciting trade. Trade Idea: Entry: $20 Exit: $17.88 PT1: $26 PT2: $30.64 Thanks for watching and for all the support! Let me know what stock or video you want to see next. LIKE | FOLLOW | SHARE Not financial advice. #StockMarket #Trading #Investing #CarnivalCruise #HighFiveSetup
NYSE:CCLLong
by RonnieV29
6
Palantir will move after earnings so hold tight ! As long as Palantir remains within the upward channel, it’s still in play! There’s an imbalance guiding the price, preventing it from dropping. We’ve seen the price attempt to go up twice already, so as long as Palantir stays within the channel and respects the imbalance, I’m quite confident it will make a third attempt to break the high. On the other hand... We have the earnings report coming up Monday pre-market, so whatever happens at the open, we’ll know which direction the price will take based on the report’s results. Keep a close eye on this! Best regards.
NYSE:PLTR
by RocketMike111