Get started

Futures market

FinNifty Support and Resistance Levels For 6th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #FinNifty, designed to help traders make informed decisions. These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points. Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence. Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
NSE:FINNIFTY1!Long
by Prabhu2020
Sensex Support and Resistance Levels for 6th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #Sensex, designed to help traders make informed decisions. These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points. Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence. Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
NSE:FINNIFTY1!Long
by Prabhu2020
Trump vs. Harris: Economic and Policy Impacts on the U.S. Introduction: The U.S. presidential election is one of the most critical events in global politics, shaping the future of the country’s policies. This year, voters face a significant choice between two candidates with distinct approaches: Donald Trump and Kamala Harris. Their policies will influence the economic, social, and environmental future of the U.S. This script explores the key focus areas of both campaigns, their policy priorities, and the potential impact on the U.S. economy and national debt. 1. Economic Focus in Campaigns: Donald Trump: Tax Cuts and Deregulation: Trump emphasizes reducing taxes and deregulating industries to stimulate economic growth. He believes this approach helps businesses thrive and creates jobs. Job Creation and Manufacturing: Trump aims to bring back manufacturing jobs to the U.S., reduce outsourcing, and bolster domestic industries. Trade Policies: His "America First" trade policies focus on renegotiating trade deals to benefit American workers and industries. Stock Market Performance: Trump often points to stock market gains as an indicator of economic health and success under his administration. Kamala Harris: Economic Equity and Middle-Class Support: Harris advocates for policies that support the middle class, such as raising the minimum wage and providing tax relief for lower-income families. Investment in Green Economy: Her plan involves creating jobs through investment in renewable energy and sustainable infrastructure, aiming for long-term economic growth. Healthcare as Economic Policy: Harris believes in reducing healthcare costs, arguing that affordable healthcare boosts economic productivity. Support for Small Businesses: She proposes targeted support for small businesses, especially those owned by women and minorities, to foster inclusive growth. 2. Policy Focus in Campaigns: Donald Trump: Immigration and Border Security: Trump’s policies focus on strict immigration control and border security to protect American jobs and safety. "America First" Policy: This policy emphasizes prioritizing U.S. interests in trade, defense, and foreign relations, appealing to nationalistic sentiments. Law and Order: Trump advocates for strong law enforcement to tackle crime and violence, particularly in urban areas. Kamala Harris: Healthcare Reform: Harris promotes expanding access to affordable healthcare, with reforms aimed at improving the healthcare system. Climate Change and Green Policies: She strongly supports measures to combat climate change through renewable energy and environmental regulations. Social Justice and Equality: Harris focuses on criminal justice reform, racial equality, and reducing income inequality. Women's Rights and Reproductive Health: She advocates for protecting women’s rights, including access to reproductive healthcare and equal pay. 3. Impact on U.S. Debt: Donald Trump: Tax Cuts and Defense Spending: His tax cuts, similar to those in the 2017 Tax Cuts and Jobs Act, are expected to reduce government revenue and potentially increase the national debt by $1.5 trillion over a decade. Short-Term Debt Impact: Increased defense spending could further elevate the debt unless offset by spending cuts elsewhere. Kamala Harris: Healthcare and Green Investments: Harris’s plans for healthcare expansion and green initiatives could increase the debt by $3.0 trillion over the next decade, unless funded by higher taxes on the wealthy and corporations. Long-Term Debt Impact: While these investments aim for sustainable growth, the initial cost could significantly raise the national debt if not managed carefully. Conclusion: In this election, Americans are choosing between two very different visions for the country’s future. Donald Trump’s focus on tax cuts, deregulation, and strong national policies contrasts with Kamala Harris’s emphasis on healthcare reform, climate action, and social justice. Understanding the economic and policy implications of each candidate's platform is crucial for voters. This decision will shape not only the U.S. economy but also its social fabric and global standing for years to come. Impact on the Global Economy: This election will not only determine the direction of U.S. domestic policies but also significantly influence the global economy. The current geopolitical landscape, including ongoing conflicts, adds to the complexity. The policies of the next U.S. administration could shift trade dynamics, global markets, and international alliances, particularly during a time of heightened tensions and uncertainty. Risk Management During the Election: During election periods, markets can be highly volatile due to uncertainty. To protect against potential losses, traders should: 1. Reduce Position Sizes: Lower your exposure to minimize the impact of sudden price swings. 2. Set Tight Stop Losses: Use stop-loss orders to limit potential losses. 3. Avoid Overtrading: Stay disciplined and avoid making impulsive decisions based on market noise. 4. Hedge Positions: Consider hedging strategies, such as options, to manage risk. 5. Stay Informed: Keep track of election-related news and updates to adjust your strategies accordingly. 6. Increase Cash Reserves: Holding more cash reduces risk exposure and provides flexibility. By following these risk management strategies, traders can navigate the election period more safely and protect their capital.
OANDA:XAUUSDEducation
by SroshMayi
Impact of U.S. Elections on BTC Futures and Key Market ScenariosMacro: US Elections : On Tuesday 5th November, 2024, Americans go to the polls to decide on the next President of the United States for a 4-year term. The winner will take office in January 2025. This will be an important outcome for the U.S. economy, broader markets, the crypto futures market, and world economy, as the U.S. Dollar holds the reserve currency status. Donald Trump currently leads by a thin margin in most swing states whereas his Democratic opponent Kamala Harris has been narrowing the gap in recent weeks. Source: Newsquawk Depending on the results, there are few scenarios that may play out and impact financial markets. Republican Sweep: Markets will price tighter monetary policy and loose fiscal policy boosting USD. Gold will pare losses along with commodities and goods subject to tariffs. Trump has also come out with crypto-friendly messages, boosting BTC futures and other virtual currencies/assets. Treasuries will be seen falling with a steeper yield curve as noted by some banks. Democratic Sweep: Markets will price more room for monetary policy and FED to cut rates as inflationary forces ease and fiscal policy is tightened under Democrats. This further boosts Gold prices. In my opinion, commodities and equities will show somewhat muted reactions while growth prospects also stay muted. However, equities will be seen higher. Views among different banks vary on growth and the U.S. stock market with a democratic sweep. Bitcoin futures and other virtual currencies may further consolidate or pare some losses as further clarity is required from U.S. lawmakers. Bonds will rise with yields falling as FED will have more room to cut rates with tighter fiscal policy. For the above 2 scenarios, recessionary risks are reduced in my opinion as a Red sweep provides fiscal boost while a Blue sweep provides room to cut rates with tighter fiscal policy. In addition, as witnessed during Covid-19 shock, there was a quick economic recovery in countries that had room to provide handouts to the public to spur spending. This new mechanism of fiscal and monetary policy combination points towards reduced recessionary risks and even when recession hits, a quick recovery prospect. But how many times can this be done until it loses its effects? A divided congress in either case will see mostly muted reaction in my opinion. Newswires and investment banks have research regarding these scenarios as they require considering many different policies, geopolitical issues, impact on the U.S. economy. I believe recessionary risks will increase for the next four years with a divided house/senate and no clear majority. FED Interest Decision : Federal Reserves meets for another FOMC meeting to decide on interest rates path. The CME Fedwatch tool shows market participants pricing 25 bps of rate cut. However, the inflation outlook is very much dependent on the fiscal policy stance taken by the next U.S. government which will feed into FED’s inflation models and forecasts. For the first half of 2025, FED meetings on interest rate decisions and inflationary economic releases will be key to watch. Having briefly discussed this, BTC futures can take few possible paths. CME BTC futures are equivalent to 5 BTC when checking out contract specs. Risk exposure can be reduced by trading CME MBT Micro Bitcoin futures, 1/10th the size of one bitcoin, and CME BFF, Bitcoin Friday futures , sized at 1/50 of a bitcoin, Bitcoin Friday futures is a short-dated contract that provides an accessible, capital-efficient way to manage your bitcoin trading strategies. Big Picture for BTC Futures: *past performance is not indicative of future results Key Levels to Watch: Yearly Hi: 78,960 Yearly VAH: 74,485 Bull support zone: 68,000 to 65,500 Yearly Mid: 61,495 Scenario 1 : Price has broken out of the bull flag pattern, held above yearly VPOC. Here we may see continuation higher with new All time highs. Red Sweep scenario. FED stays conservative due to change in their inflation models keeping tighter monetary policy which points to further consolidation before another move higher by end of first quarter of 2025. Scenario 2 : Further choppy price action building acceptance above 60,000 for push in either direction. In this scenario further clarity on the new U.S. government stance on crypto is needed before committing further. Disclaimer: The views expressed are personal opinions and should not be interpreted as financial advice. NFA does not have regulatory oversight authority over underlying or spot virtual currency products. Derivatives involve a substantial risk of loss and are not suitable for all investors.
CME:BTC1!
by EdgeClear
XAUUSD - Bearish Trade PlanGold has breached its first and second weak support levels of 2772 & 2745 on 1 hr time frame. It is continuing to decline its trend towards its key support level. Furthermore, there is an extremely bearish candlestick pattern. Followed by the bearish candlestick pattern where we enter this declining trend on a Sell-Stop order a confluence of Fibonacci Retracements signals that it has broken the golden ratio of Fibonacci Number 0.618 towards the downside. Technicals have a clear downside indication with all these confluences. It is the fundamentals that are holding it up, one negative news will massively dump this instrument.
FX:XAUUSDShort
by ShahzaibNaveed
Silver: Time to Take a Long Position..?Silver has successfully broken through the resistance level at 32.200, indicating a potential upward trend. The asset has not only surpassed this key level but has also undergone a retest, confirming its strength and stability at this price point. This dual occurrence suggests that the market has tested the new support level and found it to be viable. As a result, we now have sufficient confidence to proceed with entering a long trade, capitalizing on the bullish momentum.
CAPITALCOM:SILVERLong
by Kartik_Elkunchwar
Gold : When Could the Next Surge or Trend Begin...?At present, gold is experiencing a range-bound market, with the upper resistance level identified at approximately $2,754 and the lower support level around $2,710. This price consolidation indicates a period of indecision among traders, as they assess various economic factors and market dynamics. It is anticipated that a breakout from this range could occur soon, likely favoring an upward movement given the current market sentiment. This phase of consolidation is generally viewed as a positive development, as it allows for the accumulation of strength and provides a solid foundation for a potential new trend. Once a breakout occurs—whether to the upside or downside—it could signal a shift in market momentum, possibly leading to increased volatility and trading opportunities. Observing this range will be essential for traders looking to make informed decisions about entering or exiting positions in the gold market.
CAPITALCOM:GOLD
by Kartik_Elkunchwar
XAU/USD : Gold Set for a Move as U.S. Election Sparks VolatilityBy analyzing the #Gold chart in the 1-hour timeframe, we can observe several reactions to the demand levels we identified. Yesterday, we saw an initial bounce from the $2733 zone, with a 70-pip rise taking it close to $2740. Later, this morning, the price dipped below $2730 and reached the $2727 zone, where it was met with strong demand, resulting in a sharp increase of over 200 pips up to $2745. Currently, gold is trading around $2742, and I expect it to soon make another move toward the liquidity pools above $2745 and $2748. After that, keep an eye on the price reaction at $2752. Note that today is the U.S. election day, and the market may experience significant volatility. Be cautious with your trades! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
2
Perfect Time to Buy Gold! Morning Star Signals Further UpsideGood morning, everyone! A new day, a new opportunity! Yesterday’s trading brought us solid profits, and today we aim for even more gains. In the current gold market, I believe buying is the optimal strategy. In the short term, gold is likely to rise before a potential pullback. What’s behind this view? Take a look at the 30-minute chart: gold has successfully broken through the MA60 resistance and has formed a “morning star” pattern—a strong bullish signal indicating increased upward momentum. If MA60 can hold as support, gold is expected to rise to around 2745, possibly even reaching 2750.
FOREXCOM:XAUUSDLong
by Wealth_Waves
2024 Election Day Market AnalysisIn this video, I provide comprehensive market analysis focusing on: 1. Market Structure Analysis - Examining price action patterns and technical levels for major futures contracts: * ES (E-mini S&P 500) * NQ (E-mini NASDAQ-100) * CL (Crude Oil) * GC (Gold) 2. Liquidity Pool Analysis - Identifying and tracking significant areas of liquidity 3. Scenario Analysis - Pre-Post-election scenarios: * Potential market reactions to polling data * Volatility expectations 4. Multiple Timeframe Analysis - Intraday (short-term) movements - Daily trends - Weekly patterns - Monthly market outlook
CME_MINI:ES1!Short
by LiquidityTracker
Continue to go short today, with detailed market analysisThe gold trend indicator MA5 and MA10 tend to be in a state of adhesion. Although it closed below the moving average, from the overall shape, because there is no sustained decline, it is still a high-level sideways correction. Continue to pay attention to the break direction of the 2720/2750 range adjustment. Gold continues to be weak. Gold rebounded in the past few days and was short. It also won repeatedly. Gold bulls have no rebound power. The rebound in the Asian session continues to be short. Gold is weak, and the short-term short trend will continue. Go with the trend, and the rebound is an opportunity to go short. The gold 1-hour moving average continues to cross downward and diverge. The gold moving average resistance now moves down to around 2745. After the rebound, gold continues to fall weakly. Bulls basically have no counterattack power. Gold rebounds near the moving average resistance of 2745 in the Asian session and continues to go short. First support: 2730, second support: 2718, third support: 2700 First resistance: 2748, second resistance: 2763, third resistance: 2775 Trading strategy: 2720-2750 range, sell high and buy low according to resistance and support
OANDA:XAUUSDShort
by Jun-GoldAnalyst