Microsoft (MSFT) Stock Hits a 4.5-Month High On 31 October, our analysis of Microsoft (MSFT) stock highlighted: → The price is forming a long-term upward channel, illustrated in blue. → The channel’s lower boundary serves as a significant support level. On Friday, MSFT stock climbed to $445, its highest level since mid-July, buoyed by news that OpenAI may grant Microsoft access to key AI-related technologies. Will the Price Continue to Rise? There are reasons to suspect that the bullish momentum may not sustain. https://www.tradingview.com/x/NPptyoMN/ Technical analysis of MSFT’s chart today suggests: → The price is near the median of the long-term channel, and this median could act as resistance. This is hinted at by the long upper shadows on Thursday and Friday’s candles. → The emerging bullish breakout above the September high around $441 might prove to be a false breakout, similar to the false bearish breakout of early October support near $408 (highlighted with arrows). Additionally, Microsoft’s stock has underperformed compared to market indices, which are at historic highs. This could mean the price may retrace to $430 or lower, aligning more closely with average autumn levels. Analysts, however, remain optimistic about MSFT’s prospects. According to TipRanks: → 26 out of 29 analysts recommend buying MSFT stock. → The average 12-month price target for MSFT is $497. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Quick 15m TF trade. Price action is king. Rest all is snake oil.
Following a significant bearish decline in autumn, EUR/USD has entered a consolidation phase, moving sideways. This behavior often occurs after substantial market movements. If the price retests the channel boundary and rebounds, it may indicate a continuation of the bearish trend from the resistance zone and channel border. The target for this movement is the support zone around 1.04300
FX:XAUUSD lingers inside the consolidation and channel 2660 - 2615. Technically, speculators are confused. The fundamental background is mixed. What's next? https://www.tradingview.com/x/RPyHrtz4/ Focus on the escalating conflict in Syria, which has led to the overthrow of the Assad government and the end of the long-running Civil War. Risks regarding the Middle East are still quite high despite the ceasefire between Israel and Lebanon. Fundamentally, despite Friday's better than expected NFP, markets are 80% likely to expect a 0.25% Fed interest rate cut. In the week ahead, all eyes are on economic data such as CPI and PPI. Technically, I don't see any reason for the price to break out of this consolidation. Accordingly, I expect a false breakout with a high degree of probability. Resistance levels: 2655, 2660, 2667 Support levels: 2636, 2615 The price has passed 0.85% since the opening of the session. There are no reasons for the resistance breakout. There is also no potential for a breakout. Accordingly, based on the available data, there is a high probability of a decline from the key resistance zone. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
The market right now is looking a bit shaky, with prices moving downward but showing signs of stabilization near key support levels. BTC is currently trading at $98,773, which is slightly above the EMA 200 ($98,356), a crucial level to watch. If it holds, there’s a chance for a bounce, but if it breaks, we could see more selling pressure. The MACD is deep in negative territory, showing that bears are still in control. The RSI is sitting at 42, not quite oversold yet, but it’s worth keeping an eye on—if it dips below 30, we might get a buying opportunity. Volatility is high (ATR at 703), so expect sharp movements. Right now, it looks like BTC is stuck between two key zones: Support: $98,356 (EMA 200 and recent low). Resistance: $99,311 (EMA 7). How to Approach It Option 1: Play the Range Buy near $98,356 and aim for a quick sell around $99,000-$99,311 if the price rebounds. But if it starts slipping below support, cut losses quickly. Option 2: Wait for a Breakout If the price breaks above $99,173 with strong volume, that could be a signal to go long, targeting $100,000 or higher. On the flip side, if it drops below $98,462, it’s likely heading toward $98,000 or even lower. Big Picture The market feels uncertain, so keep your trades small and focus on managing risk. Watch for confirmation signals like a MACD crossover or a bounce on RSI before jumping in. This isn’t the time to be overly aggressive—play it smart and let the market show its hand.
the volumes that are decaying are indicating a possible 30 or 50 percent pullback if not a full scale short !
BTC/USDT experienced a sharp decline before stabilizing. Prior to this movement, the price formed a triangle pattern. Currently, the price is pulling back to retest the midpoint of the pattern, which often acts as a support and resistance zone. On the daily timeframe, the market dipped below the previous daily low, indicating a potential upward movement. If the market successfully rejects the support level and the downward trendline, a price increase could potentially test the upper boundary of the channel. The target is the resistance zone around 105,000
Band/USDT is showing promising potential for its next leg up. Currently, it's trading under the box on a higher time frame and looks very bullish. However, this is not a buying signal just yet. I prefer to wait for a confirmed breakout before taking any action. Many altcoins are looking strong right now, leading traders to enter buy positions. However, I anticipate a possible shakeout by market makers before we see a solid bullish move. Always do your own research and manage risks effectively—this is not financial advice.
Hope this can help you guys add on to your own analysis. Remember this is not Investment advice just insights into my own perspective of this company's future price direction. Remember follow the big money to make big money. peace and love!
Small cap share, FII and DIIS's increased their holding, breakout in triangle pattern (with volume) ? , then only target as on the chart. Trade according to your financial adviser. YOY ,Very good results.....