Pullback to the 260s for a higher low then higher to the 300s
Stock analysis coming this week from various sources saying "Time to Pull The Trigger on NVDA" .. Is it ? Let's take a quick look .. - NVDA has recently formed the famous VCP (Volatility Contraction Pattern) - a good sign for a possible breakout soon - but the VCP is forming below the 50SMA (blue) and 100SMA(gray) lines - also there what looks like a "supply pocket" (white rectangle) forming a resistance area - the good sign is, yesterday (on hype from GOOG and MSFT earnings, NVDA finally broke above the 50SMA and looks like trying to get above) - first time since wk4 Feb So when is the ideal entry? what do i need to see ? ===================================== - Price needs to get above the 50SMA (blue Line) - Which will cause the MACD main line to get into positive zone https://www.tradingview.com/x/howMUKQ2/ - 20SMA (purple line) gets above 50SMA (blue line) - Ideally price breaks above the 2 pivot levels marked on the chart $115 and $123 - The US market needs to stabilize for all of this to happen :) - NVDA analysts (upside) price targets are between $160 (avg) to $236 (highest) - See NVDA forecast page in TV. So patience should be rewarded. Let's get to the safe zone first. thoughts ?
Technical analysis of BTC contract on May 2: Today, the large-cycle daily level closed with a medium-yang line yesterday, the K-line pattern was single-yin and single-yang, the price was at a high level, and the attached indicator was running in a golden cross. However, although the price broke through the high point yesterday, it did not continue. It is currently in a waving trend. In this way, we still have to look at the range shock trend in terms of trend, and the transaction is still high-altitude and low-multiple; the short-cycle hourly chart showed that the US market rose and broke the high yesterday, and the price retreated under pressure in the early morning. The current K-line pattern is continuous and negative, and the attached indicator is running in a dead cross, so there is a high probability that there will be a demand for a decline during the day. Therefore, today's BTC short-term contract trading strategy: sell at the current price of 96,300 area, stop loss at 96,800 area, the first target is 95,300 area, and the second target is 95,000 area;
dear all my friends. our channel that reached LSS level is best trade zone for today. waiting for a confirmation. break up or down as this ez. carefull for USD NEWS : I WILL UPDATE IT SOON AND SHARE SETUP
TVC:US10Y is going through a volatile period. After ‘Liberation Day’ the standard deviation if the movements in the TVC:US10Y has gone up significantly affecting the Equity and Bond indexes. This has been volatility story for the last 1-2 months. Now we are touching the midpoint of the downward sloping parallel channel which lies at 4.1 %. On the medium term the downward sloping channel indicates we can touch the Midpoint of 4.0 %. The downward spiral in the rates will continue for the foreseeable future because the Fed will decrease rates, and this will put pressure on the $US10Y. In the long term the rates will touch 3.5% by end of the year. Verdict: TVC:US10Y to 4% in near term and 3.5% by Dec 2025. Short $US10Y.
Fundamentals: Mainly focus on today's NFP market; Technical aspects: Gold rebounded near 3200 and has gradually rebounded to around 3265. This wave of rebound is not surprising. After all, I have been insisting on short-term long gold since yesterday, and I have also gained a good profit. As gold falls and breaks through many key supports, my expectations for the magnitude of this rebound are not high. In the short term, it will first face resistance in the 3270-3275 area, and secondly, it will face resistance in the 3285-3295 area. Moreover, the rebound and rise of gold before the NFP market is very confusing in itself. It is not ruled out that it is to pave the way for the sharp drop in the NFP market. Once gold falls again, it is likely to fall below 3200 and continue to around 3180. Trading strategy: 1. Consider shorting gold when it rebounds to 3270-3280, TP: 3240-3230; 2. Consider continuing to short gold when it rebounds to 3280-3290, TP is the same as above.
Gold is going up to 3270 -3280 after that we'll go down first target is 3186
Amidst uncertainty on Geo-Political front Nifty gave up 242 points it had gained earlier in the day. Also it bounced 108 points from the day's low to close 12 points in positive at 24346.7 in a highly volatile Friday. Reliance remains start of the week after posting stellar results earlier in the week. The Trendline resistance zone between 24365 and 24589 remains difficult to conquer for Nifty. Once we get a closing above 24589 can the bulls try to pull Nifty further up towards 24910 and 25K+ levels. Incase the trend line resistance is not crossed successfully the support for Nifty remains at 24048, 23852 and 23343. As of now it looks that the level of 23343 which is the Mother line of Weekly candle chart (strong Support) can be breached only if there is flare up of incidents on the Border or elsewhere. The situation at Indo-Pak Border remains delicate and tense that might be one reason why investors did not carry long positions into the weekend and Nifty lost most of it's gains. Right now a lot depends on what happens between the 2 nations and surrounding region. Investment in large cap companies remains the safest option looking at the uncertainty. Even in the case of flare-up at the border these companies will be the first to bounce back after situation normalises. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
? EURTRY Hits 43 – Time to Drop? ?? The EURTRY has just reached 43, completing a multi-year journey that began with our pinpoint entries from as low as 15.7. The rejection at 44.2, just beneath the technical resistance at 45.5 , signals a likely pause—and possibly a sharp reversal. ? Trade History Recap: • Rejection at 10 ➝ Support at 8 ➝ Target 15.7 hit • Entry at 20 ➝ Target 26.5 ➝ Final Target 43 ✅ • Now, we’re setting sights on a retracement to 33 based on Fibonacci levels. ? Short-Term View: With the upside target hit, we're now anticipating a short-term pullback to 40 , and possibly deeper toward 33 , as seen in the newly drawn projections. The rejection candle confirms bearish pressure. ? Macroeconomic Backdrop: • April 2025: Turkey’s central bank raised rates to 46% to contain inflation and stabilize the Lira. • Despite rate hikes, TRY remains under pressure, with over $25 billion in reserves used to defend it. • Inflation expectations have surged to 29.75% by year-end, reflecting economic instability. ? Takeaway: We may be entering a new chapter. The beast (inflation) is being fought hard, but fundamentals still point to continued volatility . This is a spot to consider profit-taking or even short setups . ?️ Bonus thought: This may also be a great time for a visit to Istanbul while the Lira remains weak. ? To our Turkish friends: Peace, stability, and stronger days ahead. Our charts are technical, but our message is human. One Love, The FXPROFESSOR ?
https://www.tradingview.com/x/F7keh8H1/ My dear friends, Today we will analyse EURUSD together☺️ The recent price action suggests a shift in mid-term momentum. A break below the current local range around 1.13431 will confirm the new direction downwards with the target being the next key level of 1.13119.and a reconvened placement of a stop-loss beyond the range. ❤️Sending you lots of Love and Hugs❤️