analysis for gold short target to 2631 good luck to everybody
USDCHF - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A bullish reverse Head and Shoulders has formed. Bespoke support is located at 0.8780. We look to buy dips. We look to Buy at 0.8780 (stop at 0.8756) Our profit targets will be 0.8845 and 0.8860 Resistance: 0.8803 / 0.8825 / 0.8850 Support: 0.8780 / 0.8750 / 0.8727 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Japan is a heavily regulated country in terms of the cryptocurrency market. Jasmy is a cryptocurrency that is seen as Japan's Bitcoin. A very clear cup and handle formation is seen in the weekly time frame. Jasmy, which rose after the handle breakout, still appears at the beginning of its rise. I think Jasmy needs to stay above the HP filter ($0.025) for this rise to continue. As long as it stays above the HP filter, I think Jasmy will come back to the IPO price.
After Previous successful trade of BTC I have found another setup on BTC. Demand zone below the SSL is our entry zone.
Hello friends. Please support my work by clicking the LIKE button?(If you liked). Everything on the chart. Entry zone: market and lower Targets: 1.2 and 1.45 after first target reached move ur stop to breakeven Stop: under 0.75 (depending of ur risk). ALWAYS follow ur RM risk is justified It's not financial advice. DYOR!
As disclosed in the chart drawing, I am disclosing nifty 50 short term trading ranges. Rest, zones are disclosed in the chart drawing as per my understanding.
Recent Performance: Lululemon Athletica Inc. has shown significant strength recently, reflecting a positive trajectory in the consumer discretionary sector. The stock is benefiting from an uptick in consumer spending, with robust sales growth supported by a strong post-pandemic focus on health and fitness. The company’s performance has been commendable, outperforming many peers while maintaining brand loyalty and community engagement. - Key Insights: Investors should note Lululemon's consistent innovation in product offerings and strategic expansion into both domestic and international markets. The company’s enhanced e-commerce capabilities and focus on sustainable practices are critical growth drivers, appealing particularly to the environmentally-conscious younger audience. The overall sentiment is to adopt a buying stance as the stock continues to gain traction. - Expert Analysis: Market experts maintain a positive outlook, with a consensus rating leaning towards ‘buy’. Analysts highlight Lululemon's strong brand equity and innovative product strategy. The company’s solid quarterly earnings and forward-looking actions position it well within the competitive retail landscape, fostering confidence in continued growth. - Price Targets: Based on current analysis, next week targets are set as T1 at $410 and T2 at $420. Key stop levels are S1 at $375 and S2 at $360. This placement of targets and stops reflects a conservative yet optimistic approach to positioning in LULU, aligning with current market dynamics. - News Impact: Recent developments include Lululemon's quarterly earnings beating expectations with strong online sales. New product lines and collaborations have also generated market interest. The company's international expansion strategy and commitment to sustainability through recycled materials significantly enhance brand loyalty, making it a compelling investment option moving forward.
Bullish Bias for NYSE - ANET on 9 DEC 2024. Buy Limit @ 108 with Stop Loss @ 104.5. Take Profit @ 111
According to the original analysis, I just adjusted a few levels, otherwise the comment still remains valid, I'm still waiting for a short set up.
Recent Performance: SPY has experienced a strong bullish trend, trading above major moving averages and recently hitting all-time highs. This reflects buoyant market sentiment supported by robust performances in the S&P 500 and NASDAQ, signaling a rally that is capturing investors’ attention. - Key Insights: Traders should focus on critical support and resistance levels. The lower support at $606 offers a buffer for potential pullbacks, while resistance around $609 is pivotal for driving further gains. Monitoring these dynamic levels could provide actionable insights for upcoming trades. - Expert Analysis: Market experts generally maintain a bullish stance for SPY, with potential for upward momentum. However, caution is advised as SPY approaches key resistance levels, which could trigger a reversal or continuation depending on market conditions. The volatility anticipated next week, particularly affecting tech stocks, highlights the need for vigilance. - Price Targets: Based on professional traders' insights, expected targets for next week include: - T1: $611 - T2: $614 - Stop Levels: - S1: $606 - S2: $604 - News Impact: The market is closely following the potential for SPY to form a multi-year ascending channel, with upcoming inflation and interest rate dynamics likely to have a considerable effect. Analysts emphasize that these factors could create turbulence in market performance, thereby impacting investor sentiment and SPY's price trajectory in the days ahead.