mustaqim.mazuky

mustaqim.mazuky

XAUUSD Forecasted Trade Idea ( 30 Oct 2024 ) This chart appears to analyse the gold spot price (XAU/USD) on an hourly time frame, with Fibonacci retracement levels and potential Elliott Wave analysis applied. Here are a few observations that could guide a forecast: Fibonacci Retracement Levels: The retracement levels, especially the 1.618 (2,781.45) and 2.618...

mustaqim.mazuky

The chart you've shared shows the Dow Jones Industrial Average (DJIA) on a 1-hour time frame. Here's a breakdown of the analysis, based on what I can see: Observations: Elliott Wave Count: The chart has Elliott Wave annotations, specifically identifying a correction pattern (labeled a, b, c) followed by a possible impulsive move (labeled i, ii, iii, iv,...

mustaqim.mazuky

Salam and Good Day, Looking at the EUR/USD chart (4-hour timeframe), here are a few technical insights that can help forecast the next potential action: 1. Symmetrical Triangle Formation: The chart shows a symmetrical triangle pattern, with the price narrowing between the upper and lower trendlines. This suggests consolidation of price, where neither the bulls...

mustaqim.mazuky

Salam and Good Day, This is my personal opinion for educational purposes only. This is the S&P 500 (SP500) Index in a 4-hour timeframe. Let’s analyze the key components and forecast the possible next move: Key Observations: Fibonacci Retracement Levels: The chart displays key Fibonacci retracement levels from a recent high of around 5,677.69 down to a...

mustaqim.mazuky

Salam and Good day, This is only my personal opinion for educational purpose only. The chart you shared shows the US30 (Dow Jones Industrial Average Index) on a 4-hour timeframe, with trendlines and some indicators. Key Observations: Symmetrical Triangle: The chart shows a symmetrical triangle pattern, indicated by converging trendlines. The price is...

mustaqim.mazuky

Salam, This is only my personal opinion and forecast for educational purposes only. In this chart, we are looking at the US Tech 100 Index (NASDAQ 100) on a 4-hour timeframe. Several technical patterns and indicators can be observed: 1.Symmetrical Triangle Pattern The chart shows a symmetrical triangle, with the price bouncing between a descending resistance...

mustaqim.mazuky

Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Wikipedia CEO: Jensen Huang (Apr 5, 1993–) Founded: April 1993 Founders: Jensen Huang, Chris Malachowsky, Curtis Priem Headquarters: Santa Clara, California, United States Number of employees: 29,600...

mustaqim.mazuky

Red Sea Crisis and OPEC+ Cuts Support Oil Prices Prices for North Sea and West African crude grades have increased this month. The Red Sea shipping crisis and OPEC+ output cuts have tightened oil markets. U.S. benchmark oil prices are also supported by higher demand for American crude in Europe due to the Red Sea disruption to flows. Reduce in supply directly...

mustaqim.mazuky

Record quarterly revenue of $22.1 billion, up 22% from Q3, up 265% from year ago Record quarterly Data Center revenue of $18.4 billion, up 27% from Q3, up 409% from year ago Record full-year revenue of $60.9 billion, up 126% SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 28,...

mustaqim.mazuky

Gold price remains under pressure as sticky US CPI data suggests interest rates will stay high. Surging rental and healthcare costs drive price pressures in the US economy. The US Dollar extends its upside amid a risk-off market sentiment, further weighing on Gold. Gold price (XAU/USD) continues its five-day losing streak on Wednesday as hot United States...

mustaqim.mazuky

The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance, contrary to market expectations, saying that given how credit conditions have tightened, the U.S. central bank may not need to raise interest rates as much. A pause in negotiations to raise the federal government's $31.4 trillion debt ceiling also pressured the...

mustaqim.mazuky

Market Commentary Malaysian palm oil futures jumped to a more-than-three-month peak on Thursday, underpinned by flooding woes, a weaker ringgit, and assessed the impact of India's removal of duty-free import quotas for sunflower oil. Today, palm oil price is likely to edge higher tracking the overnight bullish in soyoil market. Highlights: Palm ends at...

mustaqim.mazuky

Indices. US Market U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. In an argument for quarter-point hikes, Bostic said he favored "slow and steady" as the appropriate course of action for...

mustaqim.mazuky

USD/MYR faces prospects for extra gains, although a convincing breakout of 4.7500 appears not favoured for the time being, notes Markets Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research. “We expected USD/MYR to strengthen last week but we were of the view that ‘4.7500 is unlikely to come into view’.” Our view was wrong as USD/MYR rose...

mustaqim.mazuky

Apple is consumer-centric, and is highly transactional, with less than 10% of its revenues and profits being recurring - meaning it could be vulnerable to a downturn. While it's still too early to call what the iPhone 14 cycle might look like, we continue to believe that AAPL may have "over-earned" in FY 21 (and FY 22) amid work/ learn from home and strong...

mustaqim.mazuky

Apple CEO Tim Cook says there’s at least one question your iPhone can’t answer: How do you build a life that provides both meaning and fulfillment? Luckily, Cook himself has some advice on that front. At Gallaudet University’s commencement ceremony in Washington D.C. last month, Cook advised the new graduates to make decisions based more on their moral compass...

mustaqim.mazuky

Looking into the current session, 3M Inc. (NYSE: MMM) shares are trading at $166.87, after a 2.65% increase. Moreover, over the past month, the stock went up by 12.36%, but in the past year, fell by 0.85%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. The stock is...

mustaqim.mazuky

#Nvidia Good day to All my copiers and followers, NVIDIA Trade Idea - 1st June 2020 A financial Summary report in the last quarter reported : ✅Revenues increased 3.02% ($3.11B) ✅Net Income increased 5.67% ($950M) ✅Nett Assets increased 8.83% ($12.20B) ✅EPS increased from 1.45 to 1.53 If the price breaks out $355, potentially it will break next R1 at...