


The GBP/USD pair remains firmly in a bearish channel, indicating a continuation of the downward trend. While a short-term retracement is possible, the overall sentiment remains bearish. Key Points: The price is trading near the lower boundary of the channel, suggesting potential temporary relief before resuming the downtrend. Resistance is noted at 1.2596,...
The AUD/NZD pair is trading within a clear ascending channel, signaling bullish momentum. The price is approaching the upper boundary of the channel, where further upside movement could be anticipated. Key points to consider: The pair has maintained a consistent upward trend, respecting the channel boundaries. Current resistance is near 1.1125, with the next...
Gold is currently testing a strong resistance zone around $2,658 - $2,676. This level has historically acted as a significant barrier, with prior attempts to break through resulting in sharp reversals. Key points to note: The resistance zone is clearly defined, and price action shows hesitation near this level. A potential rejection from this zone could lead to...
Hey traders, GBP/CAD is testing a weak support zone around 1.8000. A bearish breakout could open the door to exciting opportunities! 🚀 🎯 Trade Setup: 🟢 TP1: 1.7916 🟢 TP2: 1.7835 🟢 TP3: 1.7705 🛑 Stop Loss: Above 1.8079 Keep an eye on this level—2025 might just start with a bang! 💥
As the year draws to a close, GBP/JPY presents an exciting opportunity! Here's the setup: 🎯 Targets: TP1: 200.07 TP2: 202.17 TP3: 204.84 🔹 Stop Loss: 196.02 📈 Key Factors Driving This Trade: Strong GBP Fundamentals: Positive UK economic reports are boosting the Pound. JPY Weakness Continues: Dovish signals from the Bank of Japan keep the Yen under pressure.
1️⃣ Bullish Triangle Pattern The chart forms a bullish triangle, with higher lows and a descending trendline. This indicates potential accumulation before an upward breakout. 2️⃣ Strong Support Level The $68-$69 support zone, established in September, has held firm, showing strong buying interest and rejecting further downside. 3️⃣ Broken Resistance Line The...
1️⃣ Industry Leader: QUBT is at the forefront of quantum computing, poised to disrupt industries like finance, healthcare, and AI with its advanced tech. 2️⃣ Explosive Growth: The quantum computing market is projected to hit $125B+ by 2030, and QUBT is primed to capture a significant share. 3️⃣ Major Partnerships: Partnerships with leading firms validate QUBT’s...
The NZD/CAD pair remains under pressure, currently hovering near the 0.8100 level, with clear signs of continued weakness. Here’s why the bearish sentiment prevails: 1️⃣ Weak Supply Zone: The pair is struggling to hold above the supply area, signaling a lack of buying momentum. 2️⃣ Bearish Structure: The market has been forming consistent lower highs and lower...
Palladium is currently trading at levels last seen in 2014 and 2018, hitting an extremely low support level. From here, I anticipate a bounce back to at least the previous high of $1,200 per unit. 📌 Next Target: My projection is a rise to $1,500, which marks a strong resistance level. Palladium is a highly demanded commodity, and at these low prices, it presents...
Looking at the USDCHF exchange rate you might see that the price reached support level. There might be short term uptrend following the previous highs. Take Profit 1 - 0.89772 Take Profit 2 - 0.90195 Stop Loss - 0.88858
Key Factors: 1️⃣ Technical Setup: The price has bounced off the 0.618 Fibonacci retracement level, historically a strong reversal zone. RSI is also pointing to bullish momentum. 2️⃣ Fundamentals: Increasing demand and reduced supply due to adverse weather conditions could further support price growth. 3️⃣ Historical Trends: Previous rallies from similar levels...
The EUR/USD pair shows potential for reaching parity, particularly with the prospect of Trump returning to the White House, ongoing uncertainties in the EU, and the strengthening of the USD against other major currencies. 💡What Does Parity Mean? Currency parity occurs when the exchange rates of two currencies equal each other, meaning that €1 can be exchanged for...
With Christmas around the corner, Netflix (NASDAQ: NFLX) is set to benefit from increased streaming as families worldwide spend more time indoors during the holidays. This seasonal trend, coupled with Netflix’s rich content library and holiday-themed releases, positions the platform for significant engagement and subscriber growth. The stock recently closed at...
Intel Corporation (INTC) shows strong bullish potential, supported by both technical and fundamental factors. On the technical side, the stock has rebounded from the $19 support level, aligning with the 0% Fibonacci retracement level, indicating a possible trend reversal. Key resistance levels lie at $26 and $30, and RSI suggests the stock is oversold, signaling...
📉 Bitcoin Analysis (BTC/USD) 📉 Bitcoin's meteoric 100% rise since September screams overextension. The euphoria may be fading, and a correction looks imminent. 🔻 Key Levels to Watch: $73,800: The first major support—breaking this could accelerate the drop. $65,600: A likely target if bears take full control. The chart suggests BTC is overdue for a pullback....
🔻 Trend Direction: The trend is clearly bearish, with strong selling momentum dominating the GBP/CHF currency pair. The price has broken below key levels and is showing no immediate signs of reversal, indicating a strong continuation of the downtrend. 💡 Key Observations: 1️⃣ The strong sell-off aligns with the saying, "Let the trend be your friend," as the...
The USD/CAD pair has been trading within an ascending channel but recently broke out, reaching a significant resistance level from March 2020. This resistance appears to have halted the bullish momentum, suggesting the possibility of a correction in the coming sessions. 💡 Key Observations: 1️⃣ The price broke above the ascending channel but is struggling to...
Target 1: $147 Target 2: $161 Stop Loss: Based on your risk tolerance. Why AMD? AMD’s financials this year are impressive: Revenue up +17.57% Net income up +157.86% Earnings per share up +31.43% Despite strong results, the stock is down 8% YTD, creating a potential buying opportunity. In August, the price surged from $121 to $161 in just 15 days, hitting the...