Al Baraka Bank Egypt S.A.E. (EGX: SAUD) is an Egyptian bank providing corporate and retail banking services domestically and internationally. Financial Overview: • Market Capitalization: Approximately EGP 8.81 billion. • Revenue (2024): EGP 6.46 billion, a 37.59% increase from the previous year. • Net Profit (2024): EGP 2.59 billion, up 36.74% from the prior year. • Earnings Per Share (EPS): EGP 3.56. Dividend Information: The bank announced an annual dividend of EGP 0.85 per share for the 2024 earnings, with a yield of 7.02%. The ex-dividend date is April 14, 2025, and the payment date is April 16, 2025. Valuation Estimates: 1) Book Value Per Share ( EGP 17.26 per share.) 2) Cairo Capital Securities: Fair value estimate of EGP 23.8 per share. 3) Ostoul Securities Brokerage: Fair value estimate of EGP 15.17 per share, based on the sector's P/E ratio. Financial Ratios: • Return on Equity (ROE): 26.97%. • Price-to-Earnings (P/E) Ratio: 3.41. • Price-to-Book (P/B) Ratio: 0.69. Technical Analysis: • The current Stock Price is below Book Value Per Share and close to 200-day EMA. • 52-Week Range: EGP 9.97 to EGP 14.80 o Wyckoff Theory: The stock has been in an accumulation phase since May 2024, indicating potential for upward movement. o Elliot Wave Analysis: Currently in wave 5, with a target price (TP) of EGP 18.30. o Gann Analysis: Projects a TP of EGP 26.60 by June 2025. Price Targets: • TP1 (Point of Control): EGP 14.00 • TP2 (Elliot Wave Analysis): EGP 18.30 • TP3 (Gann Analysis): EGP 26.60 by June 2025. Please note that financial markets are subject to volatility. It's advisable to consult with a financial advisor before making investment decisions.
(GBP/JPY) Technical Analysis – April 3, 2025 ? ? Current Price: 192.935 ? Timeframe: 15M ? Key Support Levels (Demand Zones): ? 192.500 – Major Support Zone ? Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones): ? 193.273 – First Target ? 194.588 – Major Resistance (Potential Target) ? Bullish Scenario: GBP/JPY is forming a potential bullish structure. A breakout above 193.273 could push prices toward 194.588. ? Bearish Scenario: If GBP/JPY fails to hold above 192.500, a drop towards lower support levels could be expected. ⚡ Trading Tip: ✅ Wait for confirmation before entering long positions. ✅ Watch for rejection at resistance levels for potential reversals. ✅ Use proper risk management and set stop losses strategically. #GBPJPY #Forex #TechnicalAnalysis #SmartMoney #PriceAction #Trading
The U.S. Dollar Index (DXY) appears to be following a well-defined historical cycle, marking major peaks approximately every 15–20 years. If history repeats, the 2022 peak near 114 could signal the beginning of a multi-year dollar decline, impacting global markets, commodities, and currency pairs like EUR/USD. Historical Peaks & Reversals Examining past DXY cycles, we see: 969 Peak (~120): Followed by a prolonged decline into the 1970s. 1985 Peak (~165): Marked by the Plaza Accord, triggering a sharp dollar downtrend. 2001 Peak (~120): Led to a multi-year decline as the Fed shifted policies. 2022 Peak (~114): The most recent high—could it mark the next major reversal? Each peak historically aligns with aggressive Fed tightening cycles, followed by a shift towards easing policies, leading to a weaker dollar. With U.S. interest rates expected to plateau or decline, this pattern suggests a potential long-term bearish trend for the dollar. Implications of a Weaker Dollar Bullish for EUR/USD – A declining DXY typically strengthens the euro. Boost for Commodities – Gold, oil, and other dollar-denominated assets could rally. Stronger Emerging Markets – A softer dollar eases financial conditions globally. With DXY showing signs of a historical cycle peak, investors and traders should watch for confirmation of a multi-year downtrend, potentially reshaping global markets.
Disclaimer: This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Overview Gold (XAU/USD) has been in a strong uptrend, making consistent higher highs and higher lows. However, the price action has formed a Rising Wedge Pattern, which is typically a bearish reversal formation. This pattern suggests that the bullish momentum is weakening, and a potential sell-off could follow. The recent breakdown of the wedge structure confirms the bearish bias, and sellers are now in control. Based on price action analysis, we can anticipate further downside movement toward key support levels. ? Technical Analysis – Rising Wedge Breakdown 1️⃣ Understanding the Rising Wedge Pattern The Rising Wedge is a bearish pattern that occurs when the price consolidates within an upward-sloping channel but shows signs of exhaustion. Here’s how it developed: Higher Highs & Higher Lows: The price consistently formed higher peaks and troughs, indicating an uptrend. Declining Bullish Momentum: As the wedge progressed, price action became increasingly squeezed, showing reduced bullish strength. Breakout Confirmation: Once the lower trendline of the wedge was breached, it confirmed that buyers were losing control and that sellers had stepped in. 2️⃣ Key Levels & Market Structure ? Resistance Level: The upper boundary of the wedge around $3,150 - $3,163 acted as a supply zone, where sellers pushed prices lower. ? Support Level: The lower boundary of the wedge, around $3,100 - $3,120, initially provided demand but eventually failed to hold. ? Breakdown Confirmation: The price broke below the wedge, which is a strong bearish signal. ? Trade Setup & Strategy 3️⃣ Bearish Trading Plan Given the breakdown of the wedge pattern, the setup favors a short (sell) trade. Here’s how to approach it: ? Sell Entry: The ideal short position is initiated after a confirmed break of the wedge’s support level. ? Stop Loss (SL): A tight stop-loss is placed above the previous resistance at $3,163.67, ensuring risk is controlled if the trade goes against the bias. ? Take Profit (TP) Targets: TP 1: $3,080.66 – First major support level, where buyers might step in temporarily. TP 2: $3,057.33 – Extended downside target, offering a greater risk-to-reward ratio. 4️⃣ Additional Price Expectations Retest of the Wedge Breakdown: The price may pull back to the broken wedge support before continuing downward. Stronger Bearish Momentum: If selling pressure remains strong, price could fall even lower, breaking TP 2. Invalidation Level: If price climbs above $3,163, the wedge breakdown would be invalidated, signaling that bulls have regained control. ? Conclusion & Market Sentiment ? Rising Wedge Breakdown Signals Further Downside – The market structure suggests that sellers are gaining control. ? Sell Setup with Risk-Managed Approach – With a defined stop-loss and two profit targets, this trade offers a favorable risk-to-reward setup. ? Gold’s Short-Term Bearish Outlook – The chart confirms a potential correction, and price may drop towards $3,080 and $3,057 if the bearish momentum continues. ? Final Thought: This is a high-probability short trade based on classic technical analysis. Traders should monitor for confirmation retests and manage risk accordingly. ✅ Would you like any refinements or additional insights? ?
4.3 How to operate after the sharp rise in gold prices 1. Impact of tariff policies - Base tax rate 10% + "reciprocal tariffs": Trump's radical tariff policy far exceeds market expectations, directly triggering concerns about escalating global trade frictions and triggering market risk aversion demand. 2. Expectations of a weaker US dollar: Tariffs may weaken the competitiveness of US exports, and the Federal Reserve may introduce loose policies, which will put pressure on the US dollar and further support gold. 3. Gold's safe-haven properties have exploded Gold, as a hard currency without sovereign credit risk, has become a "safe haven" for funds. 4-hour cycle: Confirmation of strong structure: 3100 support: Multiple retracements have not been broken, forming an "ascending triangle" consolidation pattern, and a sharp breakthrough in the early trading confirms the continuation of the trend. Target forecast: Short-term: US$3,200 (integer psychological barrier + fermentation of risk aversion). Medium-term: If it breaks through 3,200 points, the next resistance level is 3,218 points. 1-hour chart strategy: Key watershed 3100: This week's lows gradually moved up (3076→3100→3106). If the callback does not break this position, the trend will not change. Intraday strength and weakness dividing line 3130: Yesterday's box top broke through and turned into support, which is in line with the principle of "top and bottom conversion". Ideal intraday long position: 3115-3120 area, stop loss 3105. Patiently wait for the callback Aggressive strategy: If the gold price stands above 3150, you can chase long with a light position, with a target of 3173→3200.
? Bitcoin (BTC/USD) Technical Analysis – April 3, 2025 ? ? Current Price: 83,187.60 ? Timeframe: 30M ? Key Support Levels (Demand Zones): ? 81,266.01 – Major Support Zone ? Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones): ? 83,929.01 – First Target ? 85,231.24 – Major Resistance (Potential Target) ? Bullish Scenario: BTC is currently consolidating around 83,187 and forming a potential bullish structure. A break above 83,929.01 could lead to a rally toward 85,231.24. The 0.5 Fibonacci retracement level (85,310.24) is a key area to watch for potential resistance. ? Bearish Scenario: If BTC fails to hold above 83,000, we could see a drop towards the 81,266 support zone. A break below 81,266 may indicate further downside movement. ⚡ Trading Tip: ✅ Wait for bullish confirmation before entering long positions. ✅ Look for potential rejection at the FVG zones for reversal trades. ✅ Use risk management and set stop losses appropriately. #Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #PriceAction #SmartMoney #CryptoMarket
Price has respected the 4H support zone around 192.300 and is now showing bullish signs on both the 1H and 23m charts, with MACD shifting upward. A break and close above 193.000 could confirm a bullish push. Trade Plan: • Entry: Break & retest or strong bullish close above 193.000 • TP1: 193.751 (1H Resistance) • TP2: 194.907 (4H Resistance) • SL: Below 192.200 (structure break zone) Watching closely for volume and momentum confirmation. Let’s see if bulls take control. #GBPJPY #ForexTrading #PriceAction #MACD #SupportAndResistance #BreakoutSetup #Scalping #SwingTrade
Next Idea, that's the bad scenario. The good one, we not going under support.
May be a reversal in NIFTY , Inverted head and Shoulders Would be bullish might take it to 26000 as Shown .... I know i have a posted a INDA charts which says more fall ahead on larger t/f but this what it is shorter term ... may be a counter trend rally under a larger t/f