Charts_M7M

Charts_M7M

At this stage, fundamentals take precedence when analyzing SMCI. While the chart reveals a clear Fibonacci retracement at the current price level (~$28), this also aligns with a strong resistance zone. Historically, such levels represent pivotal decision points for the market, and breaking through this level will require substantial momentum backed by positive...

Charts_M7M

Our market update already hit TP on NZD/CAD before with the sell position, which played out well. Now, we're shifting gears with a BUY possibility! Entry: 0.82530 Take Profit: 0.84505 Stop Loss: 0.81089 This setup is based on a careful analysis of the current market conditions. As always, trade responsibly and manage your risk wisely! This is not financial advice.

Charts_M7M

The pair is trading within a rising channel pattern, signaling a bullish outlook. It is currently near the lower range of the channel, suggesting potential upward momentum. 🔍 Key Observations: The price is bouncing off the channel support, aligning with bullish sentiment. RSI is neutral, leaving room for upward movement. Bollinger Bands indicate potential for a...

Charts_M7M

The pair is currently respecting a descending trendline, signaling potential continuation of the bearish trend. 🔍 Key Observations: Price tested the trendline and is showing signs of rejection. RSI indicates potential overbought conditions, with a likely shift downward. Bollinger Bands suggest the pair could head towards the lower boundary for a bearish move. 🎯...

Charts_M7M

We're in action! A short position on CHF/JPY has been signaled around the 175.08 level. 🎯 Target: 174.75 The pair is showing potential for downside after forming a retracement. Let’s monitor for the move! 💡 Manage your risk and trade smart. 🚀

Charts_M7M Updated 

We’re looking at a potential setup here on AUD/JPY. Price has been moving along an upward trendline, and we’re seeing signs of a bounce. The entry is around 100.965, with our target set near 101.678 and stop loss at 100.579. This gives a favorable risk-to-reward ratio if the trend continues.

Charts_M7M Updated 

Light Crude Oil Futures Analysis – NYMEX (CL) Crude Oil Futures (CL) are presenting a compelling buying opportunity as the price consolidates within a symmetrical triangle, suggesting an imminent breakout. This technical setup often leads to significant upward momentum when the price breaks through the upper resistance. With the current support around $66.18...

Charts_M7M Updated 

The GBP/USD pair is moving in a descending channel, and recent price action suggests that further downside movement could be on the horizon. 🔻 Trade Details: Take Profit: 1.2643 Stop Loss: 1.2739 This is a short-term position based on technical analysis. GBPUSD, SHORT

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Alibaba is showing potential for a bullish move as its earnings report approaches. Positive earnings could drive a breakout, especially with momentum building in areas like cloud growth. A Trump victory might boost investor confidence, potentially easing U.S.-China tensions, which could benefit BABA’s stock. With the stock near a support level, this could be a...

Charts_M7M

Alibaba is showing potential for a bullish move as its earnings report approaches. Positive earnings could drive a breakout, especially with momentum building in areas like cloud growth. A Trump victory might boost investor confidence, potentially easing U.S.-China tensions, which could benefit BABA’s stock. With the stock near a support level, this could be a...

Charts_M7M

The USD/ZAR has recently broken out of a long-term descending channel, showing strong bullish momentum. We’re now targeting the 18.60 - 19.00 range as potential levels for profit-taking if the uptrend continues. With a stop-loss set below recent lows, this setup gives us a favorable risk-to-reward ratio. Keep an eye on this pair, as further USD strength could...

Charts_M7M Updated 

The NZD/CAD exchange rate has been moving within a well-defined channel over the past year. The price consistently touches the support line during downtrends and the resistance line during uptrends, suggesting a potential opportunity for a short position targeting the support level. Based on current analysis, the overall trend remains bearish. This is not...

Charts_M7M Updated 

The recent election results have led to a surge in optimism for the U.S. economy, which often reduces the appeal of safe-haven assets like gold. Historically, Trump's economic policies, especially those centered on "America First" initiatives and plans for economic growth, have shifted investment sentiment away from precious metals and toward riskier assets like...

Charts_M7M

Super Micro Computer, Inc. (SMCI) recently saw significant interest as Rakuten Securities purchased 61,071 shares. After a substantial decline, SMCI is now trading near a key support level around $22, showing potential for a recovery. If the stock rebounds to $62, this could represent a +173% return.

Charts_M7M

Following my previous analysis, I believe USD/JPY has strong bullish potential. With Trump’s election win and renewed market optimism, we’re seeing increased confidence in the USD. As risk appetite grows, investors are moving away from safe havens like gold, which has been losing momentum, and are putting their money back into the markets. This shift, combined...

Charts_M7M Updated 

Crypto Market Surge: Bullish Targets for Bitcoin Set at $86K and $100K The crypto market is showing extraordinary strength, and Bitcoin has already crossed $80,000, setting the stage for even higher targets. With Donald Trump’s win reigniting optimism, crypto-friendly policies may soon follow, which could offer a supportive backdrop for the next phase of this...

Charts_M7M

The GBP/USD is showing bearish signs, as recent data suggests a further downtrend could be in motion. The pair has failed to break the resistance at 1.2998, with the broader trend remaining negative. The UK government’s budget has raised borrowing costs, and the Bank of England is expected to cut interest rates further. This economic uncertainty, combined with...

Charts_M7M

Trump’s re-election has led to renewed confidence in the U.S. dollar, as investors anticipate a continuation of his "America First" policies, which prioritize U.S. economic growth, job creation, and support for domestic industries. These measures are seen as attractive for U.S. investments, pushing demand for the dollar higher. Additionally, Trump’s efforts to...