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 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 

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

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

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

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

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...

Charts_M7M

With Trump back in office, we’re seeing renewed tension in U.S.-China trade relations. Trump’s team is expected to restrict certain Chinese goods, which could pressure Chinese markets in the short term. In response, China has hinted at ramping up its economic stimulus by 10-20%, cushioning companies like Alibaba. In the immediate term, Alibaba might see a dip...

Charts_M7M

The CHF/JPY pair has undergone a substantial correction after peaking at 177.20, pulling back by 300 pips and breaking through the Fibonacci extension level around 174.30, where it closed yesterday. As shown in the chart above, this decline carried significant momentum, with a swift downward push halted only by the close of the trading session. Technically, the...

Charts_M7M Updated 

It’s essential to understand that recent volatility in Trump Media’s stock price is driven more by speculation surrounding Donald Trump’s potential election win than by the company’s own financials, reports, or fundamentals. The stock, which once peaked at $175 even without Trump in office, reflects the anticipation tied to his election campaign. Should he win, it...

Charts_M7M Updated 

As shown in the chart above, EUR/USD has reached our initial target, aligning with the short position suggested by the technical analysis. The price has now landed on the support level established in August of this year, indicating a potential uptrend toward the previous high. The suggested Take Profit (TP) and Stop Loss (SL) offer a profit/loss ratio of 3.03,...

Charts_M7M

Back in May, Heineken (HEIA) held steady at a high of $96 per share. Fast forward, and we’re now seeing a substantial dip, with the stock hovering around $75. But this isn’t just any price level—it’s a historical support zone, rooted in the post-COVID recovery period where Heineken found a solid foundation after previous market downturns. Why does this level...

Charts_M7M Updated 

NIO, a leading Chinese electric vehicle maker, is gaining attention with a recent surge in vehicle deliveries, up 35.4% year-over-year in September 2024. The company delivered 61,855 vehicles in Q3 2024, setting a new record. NIO has also launched its new mass-market SUV, the ONVO L60, and secured a major investment of RMB3.3 billion for its NIO China subsidiary....