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Copper - The impact of China's support packagesCopper is below the EMA200 and EMA50 in the 4H timeframe and is moving in its descending channel. As long as copper is in the range, selling at the ceiling and buying at the bottom of the range will be recommended. If copper falls due to the release of today's economic data, we can see demand zone and buy within that zone with a suitable risk reward. If the upward trend starts and the ceiling of the range is broken, it is possible to sell copper in the specified supply zone. Chinese banks have recently reduced interest rates on existing mortgage loans, which amount to a total of 25.2 trillion yuan. This move aims to support the real estate market and bolster China’s economy. Meanwhile, the CEO of Maersk stated that they do not expect to navigate the Red Sea efficiently until 2025. Additionally, they see no signs of a decline in global demand or transaction volumes in the coming months. Maersk, one of the largest shipping companies in the world, was founded in Denmark in 1904 and is known for its extensive operations in maritime shipping, logistical services, transport, and financial services. On Tuesday, the World Bank reported that global commodity prices are projected to drop to their lowest in five years by 2025. In its latest Commodity Markets Outlook (CMO), the bank noted that despite this decline, overall commodity prices will remain 30% higher than five years before the COVID-19 pandemic. Although forecasts vary by commodity, improved supply conditions are cited as a key factor in the overall price reduction. A Reuters survey predicts that the global economy will grow by 3.1% in 2024 and 3.0% in 2025. These figures mark a change compared to the July survey, which projected 3.1% growth for both years. According to a recent analytical note from Bank of America, U.S. non-farm payrolls (NFP) for this month are expected to increase by around 100,000 jobs, a significant decrease from the 254,000 jobs added in September. This decline is primarily attributed to disruptions caused by Hurricane Milton and the Boeing workers’ strike, which likely reduced job opportunities and working hours.
CAPITALCOM:COPPER
by Ali_PSND
GBPUSD → Confirmation of a trend change. The Bear ZoneFX:GBPUSD confirms the bearish market structure. The fundamnetal factor is favorable for further decline. Since the opening of the session, the price has been testing the previously broken boundary. The market is not ready to resist the sellers yet On the background of difficult situation in the west, the course of interest rate cuts in the UK, a pool of sell orders is forming in the zone 1.315 - 1.300. Buyers are turning around. On Monday, in the Asian session, the retest of the previously broken trend support ended with a downward impulse, which confirms the bearish mood in the market. GBPUSD confirms the price exit from the channel. It is possible that another retest is possible, as the dollar is forming a short-term correction, but it does not change the general essence of it Resistance levels: 1.3044, 1.3068 Support levels: 1.300, 1.2975, 1.2938 The trigger for the continuation of the fall will be the breakdown of 1.3000 and further consolidation of the price below this zone. Additional scenario: retest of 1.3063 - 1.3075 before further fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
3
HUDCO NSE CHANNEL BO WTF POSITIONAL HUDCO NSE STOCK Analysis TRADE PLAN (DTF Close Price for POSITIONAL ENTRY -223 25 % Qty, Add 50% qty 250 DTF Close SL - 192 TARGET --01- 278 , TGT02-- 361 Hold For a -1 + Year or TGT 2 Chart Pattern : STOCK had a 4Month Streak to Touch an ATH of 350, Retracing in below 50% FIBO Level forming a Bullish Flag /Channel Pattern. INDICATORS EMA : The Price is Currently Trading above 200EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of Bearish alignment where price has recvocered 11 %+ with low Volumes indicating an EARLY start of a bullish Reversal on WTF. FIBO/E : Currently the price is below 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 224 . Volumes: There is a no significant increase in Volume on the Weekly Charts for1 Weeks after the 16 weeks Pullback. Maintain a Strict SL Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses... Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:HUDCOLong
by billpramod
NATCOPHARMA :NSE BULLISH FLAG & TRENDLINE BO DTF/WTFNATCOPHARMA STOCK Analysis TRADE PLAN (DTF Close Price for SWING /POSITIONAL) ENTRY - 1413 50% Qty, Add 50% qty 1482 DTF Close SL - 1320 TARGET --01- 1482 SWING , TGT02--1624 Hold For a 6M -1 Year or TGT 2 Chart Pattern : STOCK had a 3Month Streak to Touch an ATH of 1639, Retracing to 50% FIBO Level forming a Bullish Flag Pattern. INDICATORS EMA : The Price is Currently Trading near 50EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment where this week an. 8%+ price rise with reasonable Volumes indicating start of a bullish Trend on DTF/WTF. FIBO/E : Currently the price is above the 38.2% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter as above . Volumes: After the surge in volumes in the past 3months There is a muted in Volume on the selling side of the Weekly Charts after the 4 weeks Pullback. Results a=for the Quarter are due next week. Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses... Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:NATCOPHARMLong
by billpramod
Amazon (AMZN) - Potential H&S Reversal, Watch for BreakdownOverview: Amazon (NASDAQ: AMZN) appears to be forming a Head and Shoulders pattern, which is often a bearish reversal indicator. The left shoulder, head, and right shoulder are clearly defined, with the neckline situated near the $180-$176 zone. If the price breaks below this area, it could signal a larger move downward. Technical Setup: Pattern: Head and Shoulders Neckline Support: ~$180 - $176 (critical support area) Trendline: Red ascending trendline, currently serving as additional support Target Zone: Potential drop toward $168 or lower if the pattern confirms Price Action: The recent pullback from the right shoulder aligns with the overall pattern, and a daily close below $176 could confirm the reversal. Watch for a bounce off the neckline for a potential short-term trade; otherwise, a breakdown could lead to a deeper correction. Risk Management: A sustained move above the right shoulder (~$190) would invalidate the bearish setup and suggest a continuation of the uptrend. Catalysts: Upcoming earnings and market sentiment around consumer spending could influence the stock’s direction, potentially acting as a catalyst for the breakdown or reversal.
NASDAQ:AMZNShort
by Killahherb
1
$SPY tough spot right now, but there's still a glimmer of hope!On the daily chart, there are three bearish signals without even considering indicators: 1. Price is below the EMAs. 2. With a gap down. 3. From a coil spring. On the weekly chart, the trend remains intact. However, if we drop below the fast EMA, a significant test will be the slow EMA. The key level to watch is the low of the daily channel line at $554, which aligns with the weekly slow EMA at approximately $551. For me, that represents the definitive line in the sand for SPY.
AMEX:SPY
by WavesInvesting
Moving average crossover strategy by Cripto SolutionsI have been working with the crossover strategy for some time, I have been doing backtesting and I have been surprised by the level of success that they leave me with when it comes to putting it into practice. It is simply based on looking for where we have moving average crossovers, which are areas where The price ALWAYS has a reaction no matter how the movement comes. If it is going up it reacts downwards, if it is falling it reacts downwards. I have an operation precision level of more than 97% and with SL that does not exceed 1%, reducing unnecessary risks. The ideal is to identify the crossings from highest to lowest temporality, (Weekly, daily and 4H) smaller temporalities to polish the entries well. Put it into practice, you will never use an indicator other than the EMAs (5,20,200)
Editors' picks
Education
by CriptoSolutions
9
AMD: The Next Major Support Level!Key Observations: Daily Chart (Left) Support Level Break: AMD has lost the critical support level at $148.01, indicating potential continuation of the bearish momentum. This breakdown suggests increased selling pressure, possibly leading to further declines. Large Bearish Candle: A significant bearish candle following the support break after earnings reinforces the bearish sentiment, signaling that sellers have taken control after the support failure. Weekly Chart (Right) Long-Term Trend Line: The price is approaching a long-term trend line, which has historically acted as strong support, since Oct 2022. This trend line is crucial as it could provide a possible area for a bullish bounce or, if broken, lead to a long-term reversal. Overall Bullish Structure: Despite recent declines, the overall weekly structure still holds a long-term uptrend. However, since it topped in March this year, we don't see AMD making higher highs/lows, and this could be a problem, especially if AMD loses this trend line in the next few weeks. Conclusion: AMD’s breakdown of daily support at $148.01 signals bearish momentum, and now it seems that AMD is seeking the weekly trend line, which serves as a crucial support area to watch for potential bullish reactions. This is our last major support level, as if AMD loses it, we'll see a big reversal in play. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:AMD
by Nathan_The_Finance_Hydra
SPx / Critical Levels to Watch for Bullish or Bearish MomentumS&P 500 Index Technical Analysis: To initiate a downside move, the price needs to stabilize below 5,863. However, any quick break above 5,863 would likely propel the price towards 5,891. Bearish Scenario: Stability below 5,863 would open the path to 5,824 and 5,803. A 4-hour candle close below 5,781 would activate a stronger bearish zone, allowing for further declines. Bullish Scenario: A successful breakout above 5,863 would signal potential for a move to 5,891. A further break above 5,891 would confirm the bullish trend, with an extended target of 5,939. Key Levels: Pivot Point: 5863 Resistance Levels: 5891, 5939 Support Levels: 5824, 5803, 5781 Trend Outlook: Bearish below 5863 Bullish above 5863 and 5891
OANDA:SPX500USDShort
by SroshMayi
US30 / Key Levels for Breakout from Consolidation ZoneUS30 Technical Analysis Following the retest at 42,450, the price has dropped approximately 500 points as anticipated. Currently, US30 is expected to consolidate between 41,970 and 42,130 until a breakout occurs. Bearish Scenario: The price needs to break 41960 and stabilize under it to continue the bearish side toward 41740 and 41560 Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450 Key Levels: Pivot Point: 41970 Resistance Levels: 42130, 42290, 42450 Support Levels: 41750, 41560, 41350 Trend Outlook: - Bearish by stability below 41970 - Bullish by stability above 42130 - Consolidation 41970 and 42130
OANDA:US30USDShort
by SroshMayi
Oil ShortRound 2 for an oil short Looking to short once oil has closed the gap it made on Sunday. For now oil is in a short term downtrend, if this gap is closed and broken past to the upside then we can expect a more bullish oil in the near future. For now looking at a trendline bounce trade idea. Entry- on the 61.8% Fibo at 70.4 Sl- 65 pips TP- Targeting the 38% of the current fibo structure at 69.15. Confluences: Trendline 3rd touch Key Level 61.8% fibo H6 50EMA (Not strong confluence but its present) Trade safe and catch you later traders ▲
ICMARKETS:XTIUSDShort
by FalkenFx
Is now the best time to short gold prices?I don't think so. I believe you have read the article I posted yesterday. If not, read it again. Is the accuracy of the fast trading strategy amazing? Indeed. This is the strength of the fast trading strategy analysis team. At present, the values ​​mentioned yesterday have been fully achieved today. Today, I led all members to go long on gold prices again to expand profits. There are about 9 profitable orders. You can refer to the fast trading strategy grouping Tomorrow's trading direction: Check above to see if the position of 2786 can be successfully broken through. If not, you can refer to the opportunity to sell above 2786 and buy near 2770 tomorrow. If it breaks through, then 2800 points is not far away. At present, there is no major news to promote it. Focus on the initial jobless claims data on Thursday night and the release of non-farm data on Friday. This week's time is also very tight. After all, good trading opportunities want to expand profits. Members of the fast trading team are no exception. So I am also busy. Market analysis for three days this week. The accuracy of the signals is obvious to all. Trading is actually very simple. As long as there is trading funds in the account, everyone can leave me a message. Everyone has equal opportunities. No one wants to be a person who keeps losing money! Everyone agrees, right? There are only two trading opportunities left this week, and the trading space is still very large. The proportion of making money. The probability of making 70% profit on 100k is more than 95%. The probability of making 100% profit is more than 85%. The above are all cumulative data. People who continue to pay attention know this. Regarding trading, this is all I will notify you today. If you have any questions, you can leave me a message at any time. I will reply and solve them in time when I see them.
TVC:GOLDShort
by George_parse
Gold's rising momentum continues unabated, continue to focus on As a traditional safe-haven asset, gold is often favored during periods of geopolitical turmoil. So far this year, gold prices have risen 35% and are expected to record their best annual performance since 1979. The intensified conflict between Israel and Lebanon has led to tensions, further boosting market demand for gold. Israel's recent air strikes have caused a large number of civilian casualties, attracting widespread attention and condemnation from the international community. The Lebanese Prime Minister said that the two sides may reach a ceasefire agreement in the next few days. Although this news may ease short-term tensions, market concerns about the future situation remain. The release of US third-quarter economic data showed that GDP grew 2.8% month-on-month, and consumer spending grew 3.7% at the fastest rate in a year and a half. Despite the strong economic performance, inflation has slowed, with the core personal consumption expenditures (PCE) price index rising only 2.2%. These data provide new clues to the Fed's policy path. The market generally expects the Fed to cut interest rates by 25 basis points at its meeting next week. Despite strong economic growth, gold remains the first choice for investors in an uncertain environment. As the election approaches, the market is full of doubts about the future direction of US economic policies, and the safe-haven demand for gold may rise further. The supply and demand of gold also affects the price. Uncertainty in the global economy has prompted investors to increase their allocation to gold, especially in a low-interest rate environment, where the attractiveness of gold as an interest-free asset has increased. At the same time, the loose policies of central banks around the world continue to support gold prices. In response to the economic slowdown, many central banks have generally adopted measures such as interest rate cuts and quantitative easing, which has further boosted demand for gold. On Wednesday, it hit a record high of $2,789.89 per ounce. On Wednesday, mainly driven by the uncertainty of the US presidential election and geopolitical tensions, investors' demand for safe-haven assets increased significantly. Gold hit a record high again on Wednesday. Today, investors continue to pay attention to the 1-hour support area below 2,778, and go long on gold after the correction stabilizes. Thank you for your likes, thank you
FOREXCOM:XAUUSDLong
by Yuliya1l11