billionaire_guru

billionaire_guru Updated 

Over the past few days, USDJPY has reached a new high, reflecting ongoing strength in the dollar amid recent economic data releases. However, a closer examination of the 1-hour timeframe indicates a lack of further upside potential. Key observations include: Technical Indicators: Momentum indicators suggest overbought conditions, signaling that a correction...

billionaire_guru Updated 

The price is currently at a significant support level, and if it shows signs of reversal, it could present an excellent opportunity to go long on EUR/USD. I am taking the risk and entering a long position for the short term. What are your thoughts?

billionaire_guru Updated 

The U.S. dollar is strengthening due to geopolitical tensions in the Middle East. The GBP/USD has crossed the 0.382 level of the Fibonacci retracement, and it is anticipated to continue its downward trend. The next support level is expected to be around the 0.786 Fibonacci level.

billionaire_guru

Yesterday, the BJP's wins of 48 seats in Haryana and 29 in Jammu and Kashmir created an optimistic environment among investors. These results could provide a boost to NIFTY, and we can expect it to cross above 25500 by the end of this week or in the early trading days of next week. Another factor that could help NIFTY surpass 25500 is the major support level it is...