AUD/CAD breaks below the ascending trendline! A bearish move may be in play. ? ? Entry: 0.90433 | SL: 0.90918 | TP: 0.89758 ? ? The uptrend support is broken! If the price confirms below, further downside is likely. Are you shorting this setup? ?
The recent disclosure by Citigroup Global Markets highlights heightened volatility and speculative market actions, suggesting underlying uncertainty in Aviva plc's future prospects. With the company currently embroiled in takeover or merger discussions, short-term traders are actively taking positions both through traditional equities and cash-settled derivatives, such as Total Return Swaps (TRS). The substantial activity in derivative positions, notably the heavy closing and reduction of short positions, suggests market players perceive limited further downside, yet the significant selling of physical shares—902,108 shares in a single day—could indicate institutional caution regarding Aviva's future performance or concerns about the acquisition terms being unfavorable for shareholders. Despite Aviva’s attempts at strategic transformation—particularly focusing on technology and streamlined business models—the uncertainties related to potential integration issues, regulatory scrutiny, and post-merger operational complexities remain significant risks. Given the current market dynamics and the speculative nature surrounding the ongoing deal, short-term volatility may escalate, posing considerable risks for current shareholders. Additionally, the rebranding and strategic pivot of Aviva from traditional insurance towards technology-driven services, while conceptually appealing, remain unproven in delivering consistent growth and shareholder value. Any delays, operational missteps, or competitive pressures from established technology companies in the automotive SaaS space could negatively impact profitability and investor sentiment, potentially eroding share value further. Considering geopolitical tensions, macroeconomic uncertainty, and potential disruption in technology and financial markets, Aviva’s ambitious transition towards a focused tech entity remains precarious and subject to external vulnerabilities
The correction of this asset has started from the point we marked as "start" on the chart. It appears to be an ABC correction or a more complex pattern. It seems that this correction is forming a Flat, and we are currently in wave B of this Flat. Wave B itself is a Diametric, and we are now in wave e of it. The expected price action of this coin is illustrated on the chart. The closure of a daily candle above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Gold market marks a new high at $3056 per ounce, maintaining its strong bullish stance. Despite surpassing key resistance levels, the momentum remains intact, signaling potential for further highs.folloppw for more insights , comment , boost idea .
bullish indicatios: Bullish divergenc ein daily time frame Fib level 0.618 respected. 4 hr: Inverted hs pattern made. Trend line support broken and respected after retracement. resistance broken at 148.88 Formation of IHS in 1 hr as well. trade plan bias long @ 148.782 SL:148.05 TP1:149.50 TP2:150.160 Bearish indications: LLLH in daily time frame
You should be careful in the next two days of this week. Based on my years of experience, the trend before and after the interest rate decision must be opposite. Before the interest rate decision, gold attacked fiercely, so after the interest rate decision, you should be careful that gold will fall back quickly. As of now, gold has retreated to around 3045, and it has retreated by about 12 US dollars from the high point. It can be seen that the current gold MA5-MA10 moving average position is around 3040. The MA20 moving average position below is here 3025-20. In other words, once gold is below 3040, you should be careful that it will further touch 3020-25. The current AM5 moving average position of the daily chart is just around 3020, which coincides with my analysis above. Once it falls below 3040, it will develop towards 3025-3020. Therefore, I suggest that you can pay attention to the 2045-50 position area for short selling. You can read bottom signals, interpret daily market trends, share real-time strategies, and stop blindly following the trend.
OANDA:XAUUSD market is continuing to push higher, reaching a potential key level at 3050. Prior to this bullish movement, the price formed a consolidation zone near the previous day low. Today's economic calendar is filled with high-impact news, which may introduce some turbulence in the markets. If the market dips lower, the optimal entry zone could be around the previous day's low, as there is resting liquidity below the consolidation zone and at that level. I expect a pullback toward the support level before the market resumes its bullish trajectory. My goal is resistance zone around 3060 Traders, If you liked this educational post?, give it a boost ? and drop a comment ?
Solar ind its in a bullish pattern, good positional fr a new high.
?Published by MMFlowTrading on 20 March 2025 ? Market Snapshot Gold (XAU/USD) is riding a strong uptrend on the H1 chart, moving within a clear ascending channel ?. After breaking the $3000 psychological barrier, bullish momentum remains intact ?. However, with key resistance ahead and US economic data on the horizon, volatility could spike. Let’s break down the setup for today’s trading session! ? ? Technical Analysis Ascending Channel: Gold is trading in a well-defined ascending channel (highlighted in orange on the chart) ??. The price has respected both the upper and lower boundaries, confirming a solid uptrend. It’s currently testing the upper channel resistance at $3070.612 ? Key Resistance Levels: Immediate resistance at $3070.612, a high-volume area (VPOC) where sellers may step in ? A break above could target $3081.053, then $3097.774, with $3100 as the next psychological level ? Key Support Levels: Nearest support at $3031.774, aligning with the channel’s lower boundary and a prior VPOC ?️. A deeper pullback might test $3024.254 or $3017.197, where buyers previously defended (marked by yellow circles) ? Additional Levels to Watch: Resistance: $3054 - $3061 - $3070 ? Support: $3044 - $3038 - $3031 - $3026 ?️ ? Fundamental Insights US Dollar Dynamics: Gold often moves inversely to the USD ?. Today, 20 March 2025, markets are focused on the US Jobless Claims data (due at 13:30 GMT) and Fed speeches, which could sway the Dollar ?. A weaker-than-expected US report may weaken the USD, boosting Gold towards $3100 ?. Safe-Haven Demand: Geopolitical tensions (e.g., Middle East unrest, US-China trade talks) continue to support Gold as a safe-haven asset ?️. This underpins the bullish outlook for now. Interest Rate Environment: The Fed’s dovish tone in early 2025 has lowered the opportunity cost of holding Gold, supporting its upward trajectory ?. Meanwhile, keep an eye on UK inflation data this week, as it could impact GBP and indirectly influence Gold. ? Trading Plan Buy Opportunity (Buy Zone: $3032 - $3030) ? Stop Loss (SL): $3026 ⛔ Take Profit (TP): $3038 - $3042 - $3046 - $3050 - $3060 ? Sell Opportunity (Sell Zone: $3069 - $3071) ? Stop Loss (SL): $3075 ⛔ Take Profit (TP): $3065 - $3060 - $3055 - $3050 ? ⚠️ Market Alert Gold has been hitting all-time highs following the FOMC meeting earlier today ?️. With US data due during the London session, expect volatility—stick to your TP/SL to safeguard your account! ?️?
I have just marked the Bajaj Auto Monthly Weekly and daily Demand and supply zones.