Looking at possible longs for NZDUSD, Lets see how the week unfolds
Gold’s range at all-time highs suggests it's gearing up for another push higher. With the last week of the month in play, a bullish monthly close seems likely. Trendlines are holding strong, and price sits at the lower end of a short-term range—setting up for a potential move to a higher trendline, though maybe not the highest. Is this the final push before resistance kicks in? Let’s see how it plays out!
NAS100 is showing weakness to the upside, with signs of a short-term (possibly longer-term) bearish reversal. Similar to SPX, its typically bullish nature appears to be fading. How far could the drop go? No one knows for sure, but right now, the signs for strong long positions are limited.
RSI weakness is quite notable . Friday volume raise and large red candle suggest more volatility into coming weeks . suggest wide swing +/- 300 points so SPX heading to 5700 or 6300 . My idea is to watch Monday close then enter the strangle options combo .
? GBP/JPY Trading Analysis – 4H Timeframe ? GBP/JPY has been consistently following a descending channel, showing bearish momentum. The current market price is 188.615, with potential for further movement. A key entry level is identified at 187.300, aligning with technical support. The target area is set at 191.100, reflecting potential bullish reversal. EMA 50 serves as a crucial dynamic resistance in the 4-hour timeframe. If the price retests 187.300, it could provide a strong buying opportunity. A break above the descending channel may signal trend reversal. Risk management is essential, with a stop loss placed below 187.000. Bullish confirmation will be stronger if candlestick patterns support upward movement. Market sentiment and fundamentals should also be considered. A breakout above EMA 50 could confirm a bullish trend shift. Price action near key resistance levels will determine further movement. If momentum weakens, consolidation may occur before further upside. Traders should monitor volume and volatility for confirmation. Patience and discipline are key for a successful trade execution. #GBPJPY #ForexTrading #TechnicalAnalysis
The total supply of XRP tokens is capped at 100 billion, ensuring that no more than 100 billion XRP tokens will ever be created. As of now, approximately 52% of the total supply is in circulation, with the remaining tokens held in escrow accounts by Ripple Labs. Currently priced at $2.54 per token, transferring $1 billion via the XRP Ledger (XRPL) would require 393,700,787.4 XRP. However, if XRP were valued at $100,000 per token, only 10,000 tokens would be needed for the same transaction. You might be thinking, "That would mean the XRP ecosystem, if fully distributed, would be worth $100 trillion... IMPOSSIBLE!" But let's delve into some numbers. Every day, approximately $5.7-6 trillion is transacted in the foreign exchange (FOREX) market. Annually, this equates to $2.1 quadrillion. If just 5% of that volume were moved across the XRPL, it would amount to $105 trillion. And this doesn't even account for the tokenization of stocks or real estate, which also see trillions in volume. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) system processes an average of nearly 50 million messages per day. While the exact monetary value of these transactions isn't publicly disclosed, it's estimated to be in the trillions of dollars daily. It's important to note that SWIFT and FOREX serve different functions in the financial world. So, in addition to FOREX moving $2.1 quadrillion annually and SWIFT handling another quadrillion, that's a massive volume of transactions. We now know that the XRPL ledger has recently been connected to SWIFT. So, is a $100,000 XRP a pipe dream? Far from it. Bitcoin has hovered around $100,000 based on user sentiment. XRP represents an infrastructure of value.
Realty Income is a real estate investment trust (REIT) known for its monthly dividends and a strong portfolio of commercial properties. The company leases to well-established businesses across different sectors, making it a popular choice for income-focused investors. With earnings coming up this week, we are watching for potential price movement based on the technical setup. ? Key reasons for a potential move up: ✅ Strong demand area around $52 has held well, leading to a solid bounce. ✅ Price is approaching a key resistance at $58, which if broken, could lead to a further rally. ✅ Market sentiment around earnings could act as a catalyst for continuation. ? Targets: ? $59 (+3.4%) ? $61 (+6.9%) ? $64 (+12.1%) If we see a clean breakout above $58, we could see price moving towards these targets in the coming sessions. Not financial advice.
https://www.tradingview.com/x/8HFx49Hg/ ✅GBP_CHF broke out Of the bearish wedge pattern And the breakout is confirmed So we are bearish biased and We will be expecting a further Bearish move down SHORT? ✅Like and subscribe to never miss a new idea!✅
The price was "ranging" today but still seems to be following an uptrend. If the triangle is broken with acceptable momentum, it could be a good indication for the price to reach 2.0 or at least test 1.7. If a position is taken, I would recommend going break-even if the price hits 1.7. If you want to try to short, you also have some hints on the graph. Good luck, everyone, and see you soon!
In this video I share with a trend analysis USDCHF marking out supply and demand areas on the charts. Kindly note that this is not a trading advise and trading based on purely this analysis is at your own risk.