The price is expected to decline towards the following numbers: 1-98300. 2-94500.
#NEIRO The price is moving in a descending channel on the 4-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 0.001570 We have a downtrend on the RSI indicator that is about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.001582 First target 0.001854 Second target 0.002348 Third target 0.002348
Ethereum did a nice recovery so far, where the price has been moving slowly to that upper resistance zone where we might see 2 things: First of all, we might see a rejection from there, which would lead the price back to the bounce zone (which by that time should be aligned with 200EMA as well). The second case would be breaking this zone, which would result in a good upward movement as it would be a bigger break of structure. So we are waiting for price to reach this resistance zone and from there we will monitor closely for confirmations of either scenario we have! Swallow Team
us100 SHORT Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20
Analysis and analysis of the economy of the British pound Elliott wave analysis style Mid-term and long-term time frames The British pound is in a downward trend. The most important resistance is 1.27777 Trading position from sale to purchase The market is in a big ABC correction wave, we are currently in C wave. Resistance 1.27777 Support and targets are 1.24800, 1.20750, and 1.17475 respectively, and it can even fall to the last number of 1.14444. The conditions of the pound and the UK are not suitable and may not experience good conditions!
The growing bearish weekly RSI divergence and depleting volume is making me think that Nvidia may finally be running out of steam (at least in the short-term). I'd wager that now so many other stocks are performing well, investors are looking for assets with more room to grow. That's my two cents, I could very well be wrong. Will check back in a few month's time and see how this one played out.
EUR/USD Technical Analysis: A Descending Triangle pattern has formed on the EUR/USD chart, indicating a potential bearish breakout. Here are the key points: 1. Resistance: 1.05660 2. Support: 1.05052 3. Target: 1.04383 Breakout Alert: The EUR/USD has broken below the support level, confirming the bearish breakout. This could lead to a continuation of the downtrend. Selling Opportunity: The breakout below the support level has triggered a selling opportunity, with a target at 1.04383. Stay tuned for further updates and analysis on the EUR/USD market!" Best Wishes Tom ?
https://www.tradingview.com/x/4KCsw7zg/ FUNDAMENTALS:- Muthoot Finance, a leading non-banking financial company (NBFC) specializing in gold loans, has shown strong financial fundamentals over the years. Here's a detailed analysis: ### 1. **Financial Performance** - **Revenue Growth:** Muthoot Finance's revenue has shown consistent growth, with recent numbers reflecting a robust gold loan portfolio. - **Profit Margins:** Net profit margins have been healthy, benefiting from lower operational costs and an efficient loan disbursement process. ### 2. **Borrowings and Assets** - The company's borrowings have increased, reaching ₹72,343 crore in March 2024, indicating reliance on external funding to expand its operations. Simultaneously, total assets grew significantly to ₹100,518 crore, reflecting a well-supported asset base. ### 3. **Return Metrics** - **Return on Equity (ROE):** The ROE has stabilized at around 18% in recent years, reflecting efficient use of shareholder funds despite a slight decline from peak levels. ### 4. **Cash Flow** - While operating cash flow has fluctuated, free cash flow remained under pressure due to higher borrowings and investments in growth. ### 5. **Shareholding Pattern** - Promoters hold a dominant stake of 73.35%, while institutional investors such as FIIs and DIIs have shown varied interest over time. DIIs increased their holdings to approximately 13.30% in September 2024. ### 6. **Valuation and Outlook** - Muthoot Finance trades at reasonable valuations given its market position and profitability. Its focus on gold loans positions it well in uncertain economic climates where asset-backed lending gains traction. Challenges include high dependence on gold price fluctuations and regulatory risks. Overall, Muthoot Finance remains a strong player in the NBFC sector, underpinned by its specialization in gold loans and sound financial metrics. If you are considering investment, it's important to evaluate market conditions and align them with your risk appetite.
USDAUD Daily Analysis The USDAUD pair is trading within an uptrend channel on the daily chart and is currently approaching the resistance line of the channel. This resistance area is a critical zone where selling pressure may emerge, making it a potential sell opportunity if the price shows signs of rejection. Technical Outlook: Pattern: Uptrend Channel and Resistance Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position if the price confirms rejection at the resistance line with bearish price action signals. Traders should monitor for reversal patterns, such as bearish engulfing candlesticks or indicators like RSI signaling overbought conditions. Proper risk management is essential, with stop-loss orders placed above the resistance line and profit targets set near the channel's midline or lower boundary.
Soybean prices are currently consolidating within a bear flag pattern, characterized by minor breakouts of key levels. I anticipate that once the lower boundary of the flag is broken, the market will continue its descent, confirming the bearish scenario. Should monitor for a strong breakout below the flag’s support to validate short positions.