This is a 1-hour chart of the EUR/USD currency pair on TradingView. The chart shows a clear price action analysis with support and resistance levels marked in purple. Key observations: The lower purple zone represents a support level, where price has bounced multiple times. The upper purple zone represents a resistance level, which was previously tested and later broken. A blue zigzag pattern highlights market structure, showing price movements forming higher highs and higher lows. The breakout above the resistance zone suggests a bullish trend continuation. This chart likely indicates that buyers are in control, with potential further upside momentum. Let me know if you need further analysis!
I'm expecting a volatile year: - trade wars & tariffs talks - the Fed may start cutting interest rates earlier than the market expected - potential GDP contraction but strong job market - the government trying to reduce yield before refinancing its debt Despite a challenging macro environment which would push the stocks down, I think companies in the S&P500 will report earnings growth in 2025 and onwards due to improving productivity and efficiencies in operations.
What if it’s a bottom? The price had two gap-ups during the bull market, and both of those gap-ups have been fully filled. The current price has returned to the final resistance line, which acted as support after breaking out of a triangle consolidation pattern. Therefore, no matter how bad the sentiment around Tesla is, seeing how it has already dropped so sharply in such a short period, I’m thinking it might be a good time to buy now. Many people might laugh at this, and mentally it’s a scary zone, but from a chart perspective, it feels like an attractive price to buy. Today, I personally took a bold step and made a purchase, but if it falls further, I’m looking at a worst-case scenario of $170. By then, there will likely be a lot of people underwater, and it could take a long time to reach the previous high. However, if that happens, I plan to buy 2.5 times the amount I currently hold. Tesla has always been a tough stock, but this time, with variables upon variables, along with Tesla’s business and political issues, it’s truly chaotic. I hope everyone makes a profit. (Just my personal opinion)
BTCUSD chart Anylisis 20hours ago running 500pips Guys bearish trande
Technical Analysis of Fauji Fertilizer Company Ltd (FFC), PSX Bullish Pennant , Pattern , CMP : 392.81 Date: 11-03-2025 Analysis By : Ali Safwan Pattern Formation: Bullish Pennant Potential Targets (TP Levels) TP-1: Around 450 PKR TP-2: Near 475 PKR TP-3: Extended target around 500-525 PKR Bullish Case: If the price breaks above 400 PKR with strong volume, it could confirm a bullish breakout, targeting 450-500 PKR. Bearish Case: If the price fails to break out, it may retest lower support levels at 350 PKR (SMC Discount Zone) or even 310-275 PKR. Ideal Entry: A breakout above 400 PKR or a dip buy near 350 PKR support. Stop Loss: Below 350 PKR to manage downside risk. Disclaimer: This analysis is for educational and informational purposes only. It represents my personal views based on technical analysis and should not be considered as financial advice or a buy/sell recommendation. Trading and investing involve risk, and past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. You are solely responsible for your own investment choices.
Nasdaq is oversold on its 1D technical outlook (RSI = 26.693, MACD = -501.840, ADX = 53.670), which is the most oversold 1D RSI reading since August 15th 2015. In the meantime, it touched the HL bottom of the 8month Channel Up, a bearish wave that looks much like July 2025. The bullish wave that followed topped on the 1.382 Fibonacci extension. If candle closings are contained inside the Channel Up, we expect it to attract a lot of new buyers and initiate the new bullish wave to at least the same Fib. Long trade, TP = 23,400. A closing under the Channel Up, should test though the 1W MA100 (TP = 18,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Hola people! expecting this to dip below the 200 ema and take liquidity would love it to slice through but surely some sort of reaction there currently at a key level of 103.650 which was our range high in Jan 2016 so acceptance below this along with a close below the weekly 200 ema should get things moving quicker let see what we get on the weekly close either way time to pay attention
SPX continues to trade weak through supports. There are a long list of reasons why it was reasonable to expect a low to be made either today or yesterday and both times we've sold through supports. I think this is a break but I do also think the more prudent positioning would be to look for a rally to 5650. Very cautious now as a bear into this drop. Trailing stops. Considering a low might be made somewhere 5500 - 5450 overshoot at the most. Will pick up some lotto calls for 560.
The Japanese yen is showing movement in both directions today. In the North American session, USD/JPY is trading at 147.37, down 0.03% on the day. Japan's GDP expanded 2.2% y/y in the fourth quarter of 2024, lower than the initial estimate of 2.8%. The revision was expected to stay largely unchanged but was pushed lower due to a decrease in inventories and consumption. The GDP downward revision follows other soft data which points to weakness in Japan's economy. Household spending slumped 4.5% m/m in January. This was a sharp reversal from the 2.3% gain in December and missed the estimate of -1.9%. Annualized, household spending rose 0.8%, below the 2.7% in December and the market estimate of 3.6%. On Monday, the wage growth report indicated that real wages declined by 1.8% in January, after two months of growth. How will the Bank of Japan react to the string of weak data? The annual wage negotiations are close to the end and the BoJ has urged companies and workers to reach a deal that significantly raises wages. This would boost growth and consumption and help keep inflation sustainable at the BoJ's 2% target. The unions are asking for an average wage hike of 6%, up from 5.85% last year and the highest in more than 20 years. Last year's wage agreement led to the BoJ raising rates for the first time since 2007 and this year's wage deal could pave the way for another rate hike. The BoJ holds its next meeting on Mar. 19, five days after the wage settlement will be announced. The BoJ isn't expected to make a move next week but investors are circling April or May as potential rate-hike meetings. There is resistance at 147.30 and 147.97 146.59 and 145.92 are the next support levels
Eurusd chart Anylisis 20hours ago running 500pips Bullish trend Guys