Pound Cad, may correct after having in a bull-run, since the beginning of the year until now. If price action remains under 1.88000, the pair may correct towards the halfway mark or even lower in preparation for another bull run. Conversely, if the price manages to move above the 1.88000 region, continued growth would be expected.
EURUSD broke through the support level and reached 1,0820. For now, the bearish move lacks the strength to continue. If you have active sell positions, reduce your risk and watch for a potential rebound. Better opportunities remain in EURJPY!
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion. ⭐️Personal comments NOVA: The price trend is up, pay attention to the new ATH price zone 3022 ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $3006 - $3008 SL $3011 scalping TP1: $3000 TP2: $2995 TP3: $2990 ?SELL GOLD zone: $3021 - $3023 SL $3028 TP1: $3015 TP2: $3000 TP3: $2980 ?BUY GOLD zone: $2958 - $2956 SL $2951 TP1: $2965 TP2: $2977 TP3: $2990 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
We got a shift in structure on the hourly to the upside. Price pulled back into discount and we are currently pushing out of discount and realigning with the external structure. I would look for price to come back into the zone I marked out and look for an entry on the lower time frame. Even if price continues all the way up to the swing high before retracing, it could still be valid. Just don't enter a trade blindly. Trade Safe -Remzy
Hi traders this is the first analysis shared by mpho January,why I saw that sell according to the strategy I counter price actions and always 99% right there is things that market create before it picks a manipulation I've experienced that both in stock markets and crypto soo in order to find proper trend I don't only use one strategy but I combined them into one thing meaning,I spot both support n resistance,candstick confirmation highs and low flags and this combinations brings 99% to 100% results the only thing is to not be in hurry and follow the trend,now am expecting strong rejection from previous high which is 75_68k as am saying I am positioning my selfs for better returns in this support zones✍️
Standard Bank (SBK) is 160 years old and is South Africa's second-largest bank by market capitalization, after First National Bank. It has widespread interests across Africa, which now contribute 34% of its headline earnings. 20% of its shares are owned by the Industrial and Commercial Bank of China (ICBC), and it owns 40% of ICBC Standard Bank—previously Standard Bank Plc in the UK (ICBCS). Following COVID-19, the bank had about 70% of its staff working from home. Like most businesses in South Africa, it is affected by load-shedding and the lingering economic effects of the coronavirus pandemic. We see Standard Bank as an excellent investment for private investors at current levels, but it is a long-term play. As COVID-19 fades, the economy will pick up, and Standard Bank's profits will improve. On 15th July 2021, the company announced an offer for the ordinary and preference shares in Liberty Holdings (LBH). Liberty shareholders received 0.5 Standard Bank shares and R25.50 in cash for each LBH ordinary share, implying a valuation of just under R90 per LBH share—a 33% premium to its price (R67.48) before the announcement. The bank is benefiting from increased client numbers and rising interest rates. In its results for the year to 31st December 2024, the company reported headline earnings per share (HEPS) up 4% and a return on equity (ROE) of 18.5%. The company's net asset value (NAV) increased from 14269c per share to 15281c, compared to its current share price (13-3-25) of 23051c. The 2024 financials were far less positive than those of 2023, when the company increased HEPS by 27%. The share price has been falling since its cycle high on 26th September 2024 at 25042c, but it now looks like very good value with a dividend yield (DY) of 5.23%. The stock has just completed a "saucer bottom" and may be entering a new upward trend.
Hyprop (HYP) is a leading property real estate investment trust (REIT) that specializes in high-quality shopping malls in South Africa, with some interests in Eastern Europe and Africa to the north. It owns some of South Africa's best-known shopping malls, including Rosebank, Canal Walk, Hyde Park, and Clearwater. The company has been impacted to some extent by the fall-off in consumer spending, reflected in lower trading densities. Currently, the share is trading at close to half of its net asset value (NAV) of R63.39, which, in our view, makes it a good buy. The new CEO, Morne Wilken, is focused on innovative strategies such as building rooftop gardens and offering shared workspaces to attract customers back to its shopping malls. In its results for the year to 31st December 2024, the company reported distributable income up 14.5% and a loan-to-value (LTV) of 36.3%. Headline earnings per share (HEPS) increased by 24.1%, and the company's net asset value (NAV) increased by 1.7% to 5967c per share. The company stated, "Cash collections from tenants in the SA and EE portfolios of 99.8% and 100.8% of net billings for the period, respectively. Strong liquidity position with R807 million of cash and R1.1 billion of available bank facilities as at 31 December 2024." Technically, the share found support at 2562c in November 2023 and has been rising ever since. Hyprop is trading well below its NAV and on a P:E of 14.32. We still see it as a potential buying opportunity. We added it to the Winning Shares List (WSL) on 15th August 2024 at 3439c per share. It has since moved up to 4288c, reflecting a gain of 24.7% in just 7 months. On 23rd September 2024, the company announced the sale of its interests in Nigeria and Ghana for a combined value of just over R1 billion. The cash from this sale will further strengthen its balance sheet.
XAUUSD has now breached the resistance level at 2990 and is likely to reach the second resistance point at 3000 or even higher today. Currently, XAUUSD is suitable for short-term long positions within the range of 2980-2983. Immediate long positions are recommended, with a target of 3000 and above. BUY 2980-2983 SL2977 TP2995-3000 If you also want to be as successful as I am, please contact me to get more and more accurate signals
Rangold (RNG) is a mining exploration company with a strong asset base, which is now mostly in cash. This cash is being used to pursue legal claims and may also be applied to investment opportunities. Since the death of Brett Kebble, the company has been actively pursuing legal claims against various entities. In early 2011, it paid a dividend of 90c following a British court order against Paul Main, who was forced to repay GBP4m. In July 2014, the company was able to pay out a dividend of 225c due to a R150m settlement with auditors PWC. There are still various legal matters outstanding, which could potentially result in further settlements of around R3bn. In its results for the six months to 30th June 2024, the company reported an operating loss of R10,9m and a headline loss per share of 11,6c compared with a loss of 16,61c in the previous period. The company stated, "The majority of income recognised in the period under review was derived from interest earned on cash investments in unlisted securities and funds. R&E had a net asset value of R0.79 per share at 30 June 2024 (R0.90 per share at 31 December 2023). The decrease in net asset value was due to the loss incurred during the period." In a trading statement for the year to 31st December 2024, the company estimated that it would make a headline loss of between 15,28c and 18,48c per share compared with a loss of 32c in the previous year. The company said, "The reason for the improvement in the current reporting period is mainly due to less legal expenditure incurred." The share is thinly traded and has been drifting down on low volumes for many years. It is of little interest to private investors.
This market has been in a down trend. RSI on daily time frame is showing oversold which could be a sign of exhaustion. The market is currently testing the current Weekly/Daily Area and based on Daily & 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see BUYERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor