Chart of the Week - AUD/USD Daily There is a lack of trend in the current AUD/USD price action. Instead, price appears to be moving within a range from 0.6200 to 0.6400 In the centre of the range is a daily support of 0.6277 which price closed below on Friday. Potentially, this could now mean further downside towards the bottom of the range.
We reccomend for AN long run for years (2025-2027). 10 years+ sideway maybe end on half 2025. Take off and test 1.11 zone. In previous AN has strong down trend (2012-2013). We are estimate this uptrend take longer. Hope all you best and catchup this trend! Green pip to all! #MakeCent #TradingMakeSense
USDJPY Higher High to drop Shoulder to the 149.800 line then rise to 150.200 to complete drop to the lower levels of 138.800 Short weekly 15 minute buy beginning March 20th 3:15pm-EST Pattern to 149.950 March 24 Monday 3:15pm-EST 149.500 -E 138.800 -TP 151.280 -SL Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied
AUDUSD is forming a Channel Down and we're expecting it to fall towards the bottom trendline. Look for SELL opportunities.
On hourly basis candle or 1 day chart candle you can see the beauty of W pattern forming on Bank nifty. It is so beautiful. The market is @ 50570 and if it completes the W pattern then it is possible to touch 51644. A rally of 1200 Points.
Plenty of earnings this week from major companies this week including: Monday NASDAQ:LUCD NASDAQ:OCX NASDAQ:SKYX NYSE:EPAC NASDAQ:DFLI Tuesday NASDAQ:CSIQ NYSE:GME ( get your 1DTE calls ready ) NASDAQ:RUM NASDAQ:PAVM AMEX:ACCS Wednesday NASDAQ:DLTR NYSE:CHWY NASDAQ:CAN NASDAQ:IVA NASDAQ:MVIS Thursday NASDAQ:BITF NYSE:SNX NASDAQ:LULU NYSE:OXM NASDAQ:PDSB Friday NASDAQ:IPA NASDAQ:KPLT NASDAQ:SLE NASDAQ:ZSPC NASDAQ:SBC Follow for weekly earnings reports!
Today will be gap up opening expected in nifty. Expected opening near 23450 level. After opening if nifty gives breakout and starts trading above 23500 level then expected strong upside rally upto 23750+ level in opening session. 23500-23450 level will act as resistance. Any correction only expected if nifty gives reversal from this level.
Gold was moving in an upward channel but recently broke the trend line, indicating a potential bearish move. The price tested resistance multiple times but failed to break above. Now, it is moving downward toward the support zone (around 2,980). If the support holds, we might see a bounce. If the price breaks below, further downside movement is expected. Key Levels: ✅ Resistance: 3,040 - 3,060 ✅ Support: 2,980 What are your thoughts? Let me know in the comments. Suport me with follow and likes.
Last week, although the OANDA:XAUUSD had a sharp decrease in the last 2 sessions of the week, overall, the gold price this week continued to increase for the 3rd consecutive week. After opening at 2,985 USD/oz, the gold price increased to 3,057 USD/oz, but then dropped sharply to 2,999 USD/oz in the last session of the week, then recovered and closed the week at 3,023 USD/oz. The reason why the gold price decreased sharply in the last session of last week was because the USD increased again after the FED meeting, when some US economic indicators, such as initial unemployment benefits, production index... were all at a positive level, showing that the US economy has not shown any signs of recession. In addition, some FED officials said that the FED is not in a hurry to continue cutting interest rates, although the FED's dot chart previously showed that the FED will still aim to cut interest rates twice this year. This week, the US will release a number of important indicators, such as PMI, consumer confidence, revised Q4/2024 GDP, and personal consumption expenditures (PCE). Of these, PCE will receive special attention from the market, because this index is the inflation measure that the FED is most interested in. If PCE increases sharply, the FED will continue to cut interest rates. On the contrary, the FED will continue to keep interest rates unchanged in the upcoming meetings. ?SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK: Several key economic data releases this week, including the S&P Global Manufacturing and Services PMIs on Monday and the U.S. Consumer Confidence Index on Tuesday, will give the market a clearer picture of where the U.S. economy is headed. However, the most important data for investors will be the Federal Reserve's preferred inflation gauge, the core personal consumption expenditures (PCE) index, due Friday morning. Other notable data releases include new home sales on Tuesday, durable goods orders on Wednesday, and pending home sales, weekly unemployment figures, and U.S. fourth-quarter GDP on Thursday. https://www.tradingview.com/chart/XAUUSD/nHNJUSYN-GOLD-at-absolute-fundamental-support-but-RSI-overbought/ ?Technically, the key support level for gold this week is around $2,954/oz, while the resistance level is at $3,057/oz. If gold continues to break above $3,057/oz next week, it could open the door for a further rally towards the $3,100/oz resistance zone. On the contrary, gold could face profit-taking pressure, causing the price to fall to around $2,950/oz. Notable technical levels are listed below. Support: 3,021 – 3,000USD Resistance: 3,051 – 3,057 – 3,065USD SELL XAUUSD PRICE 3101 - 3099⚡️ ↠↠ Stoploss 3105 BUY XAUUSD PRICE 2949 - 2951⚡️ ↠↠ Stoploss 2945
Gold prices edged up on Monday as concerns about upcoming retaliatory tariffs imposed by U.S. President Donald Trump and the possibility of a Federal Reserve rate cut this year supported the metal's safe-haven appeal. Gold hit a record high of $3,057.21 an ounce last Thursday as trade tensions boosted safe-haven demand. Non-yielding bullion is seen as a hedge against geopolitical uncertainty, economic uncertainty and inflation. The Fed kept its benchmark interest rate unchanged at 4.25%-4.50% last week, as expected. Policymakers see the U.S. central bank making two 25 basis point cuts by the end of the year. XAUUSD trading strategy around the price zone: SELL XAUUSD around 3036-3038 Stoploss: 3042 Take Profit 1: 3032 Take Profit 2: 3028 Take Profit 3: 3023 BUY XAUUSD around 3000-3002 Stoploss: 2995 Take Profit 1: 3007 Take Profit 2: 3012 Take Profit 3: 3020 Note: Always set Stoploss in all cases to be safe