OANDA:NZDJPY has reached a significant support zone, highlighted by previous price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 87.300 level, a logical target based on previous price behavior and current market dynamics. Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
it is up against a multi-week resistance line once again, Several industry peers have already surged past key levels and Some of the producers already broke out and DGKC eventually shall follow suit. I personally expect DGKC to quadruple without much effort upon breakout to gain 40%.
GOLD/XAUUSD Long, Gold is already nearly at high, it could drop forsure but with my back testing of this strategy, it hits multiple possible take profits atleast TP-1, manage your position accordingly. Use proper risk management Looks like good trade. Lets monitor. Use proper risk management. Disclaimer: only idea, not advice
This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! ???
One of the worst performers in the european stock market for the last months the Puma stock, reasons for this were given tromendous. 1. Bad earnings expectations. People tend to buy less from the Big 3 (Nike Adidas Puma) and Puma has the least amount of loyal customers. Puma has not much cash cows (products which give continously a lot revenue), they get some money from licensed products in sports but they dont have a productline which is reliable (such as the adidas superstars shoes or the Nike Airforce 1 ...) Pumas products are absolutely overpriced. But there is at least some light for Puma, I do think they will get into better times.
Australian dollar/U.S dollar will be set go for the short position analysis will be trigger and wait for the solid consolidation bearish move area may up coming move is sell down it's not a financial advise you proper risk management
as we can see the price is making higher highs and higher lows meaning it's in uptrend, and recently price broke through our higher high and retested it this gives us a confirmation that price will go up ?
- Brent crude oil reversed from the pivotal support level 68.55 - Likely to rise to resistance level 71.30 Brent crude oil recently reversed from the support area between the pivotal support level 68.55 (former multi-month low from September) and the lower daily Bollinger Band. The upward reversal from this support area stopped the earlier downward impulse waves 3 and (3). Given the strength of the support level 68.55 and the oversold daily Stochastic, Brent crude oil can be expected to rise to the next resistance level 71.30.
? XAG/USD (Silver) 4H Chart Analysis – Bearish Setup ? ? Key Observations: Supply Zone (POI - Point of Interest) ?: The price is approaching a strong resistance area around $33.23 - $33.50. Liquidity Grab (LQ) & Rejection Expected ❌: The previous major liquidity zone (LQ) suggests a possible fake breakout or rejection. Bearish Projection ⬇️: The chart outlines a potential reversal after reaching resistance, leading to a drop towards $31.00 - $30.50. ? Trading Plan: Short Entry ?: Around $33.20 - $33.50 (if price rejects this area). Target ?: Major demand zone at $31.00. Stop Loss ?: Above $33.60 (to avoid fakeouts). Confirmation Needed ?: Look for bearish candlestick patterns (e.g., engulfing, wicks, or double top formations). ⚠️ Final Thoughts: Bearish Bias ⚠️ unless price breaks and holds above $33.50. Monitor market conditions ?—news and fundamentals could shift momentum. ? Trade smart! What do you think?
- EURCAD reversed from the resistance area - Likely to fall to support level 14.20 EURCAD currency pair recently reversed from the resistance area between the long-term resistance level 1.5800 (which has been reversing the price since the start of 2020) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous upward impulse wave (3). Given the strength of the resistance level 1.5800, EURCAD currency pair can be expected to fall to the next support level 14.20.