? Date: January 30, 2025 ? Timeframe: Daily Chart ? Market Snapshot - Change: +57.95 points (+5.99%) - Volume: 5.03M (Above 20-day avg: 1.95M) - Momentum Indicators: RSI breakout - Candle Pattern: Strong Bullish Candle (forming) ⚡ Levels to Watch ? Resistance Levels (Above Current Price) ? 1,047.93 – Immediate resistance ? 1,071.22 – Next resistance zone ? 1,111.23 – Major resistance ? Support Levels (Below Current Price) ? 984.63 – Short-term support ? 944.62 – Key support zone ? 921.33 – Strong base ? Conclusion Tata Consumer is showing strong bullish momentum, with a breakout in RSI and a developing strong bullish candle. The significant volume increase suggests strong participation, supporting the possibility of further upward movement. Price action near resistance levels should be watched closely, with key support zones below. Could Tata Consumer continue its upward momentum and break through resistance levels, or will it face a pullback to test key support zones?
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance and then to reject from bearish OB + institutional big figure 171.000. Like, comment and subscribe to be in touch with my content!
Technically: NZDUSD is printing higher high and higher low . NZDUSD bullish divergence NZDUSD respecting the trendline DXY is bearish
ETH must break 4K soon to continue on its upward channel. upper limit ~ $6700
TRAC 2.0 is coming and TRAC will be the network asset. Utilizing the USDT funded @Holepunch_techstack. Headless crytpto network is coming live in Q1. $10,000,000 MCAP. This thing has 20-40X written all over it.
What are your thoughts on GBPUSD? The GBPUSD pair has broken its long-term downtrend line. After completing a pullback to the broken level, it is expected to rise at least to the designated target level.
as you can see not has a potential for decrease (based on rsi and my idea) s.l 0.00472 entry market take profit 1 0.00417 take profit 2 0.00408 it's (not) financial advise
TRAC 2.0 is coming and TRAC will be the network asset. Utilizing the USDT funded @Holepunch_techstack. Headless crytpto network is coming live in Q1. $10,000,000 MCAP. This thing has 20-40X written all over it.
After a turbulent week, S&P 500 is recovering, displaying resilience and improving risk appetite. Both market strength and breadth are improving, and in spite of tech stocks having taken a hit, financial and communication sectors lead the rally. With new earnings week coming in, S&P500 is on the rising track with an open road to achieving 6200 zone: the borderline of Bollinger Bands indicator with a parameter of 20. Political narratives play on the side of growth, though create additional concerns, but market seems to be more focusing on growth. Always do your own reserch and manage risk at all times!
The Canadian dollar is losing ground to Japanese Yen, as differences between monetary policy expectations between respective currencies start to deviate. A steady performance of yields of 30-year bonds of Japan (displaying a 2.2% yield) and reluctance of market participants to a belief of a potential rate hike in Japan, may lead to a further drop of CADJPY. Technically, the instrument is located below a value area - a combination of 20 and 50 moving averages, and has established the new swing low this week. In case of continuation of a bullish pullback, the next resistance area is located at 107.50 zone: should this zone be rejected, the price may dive deeper as shown at the chart below. Don't forget - this is just the idea, always do your own research and never forget to manage risk.