After carefully following up on US and EURO Zone data. We can positively say that the data has been favorable to the dollar. As at now the Fed has reduced the number of expected cuts this yr while ECB maintains a dovish tone promising a series of cuts even if they are not to be consistent. Also we have seen the NFP Data high and unemployment declining. If Trump maintains his stand on tariffs we should expect the EURO to be hurt.
Hi traders expect a pull back on ger30,you can see a clear breakout without a proper retest,according to my opinion we need a retest to atleast 20600 to 20400 in order to find proper entries to those who didn't manage to take it from the start,you might get a chance to position yourselfs,am just trying to spot quickly trend for coming weeks for both indices,trade responsible.
hello guys! Key points to consider: Support Zone: The $3,160–$3,200 zone acted as support, and Ethereum’s price has bounced strongly from this level, which could indicate further upward movement if the price remains above this zone. Resistance Zone: Ethereum is approaching the $3,600 resistance level, which has capped the price previously. A breakout above this level would likely trigger a move toward the next target near $3,760–$3,800. Trend Reversal or Continuation: If the price fails to break through $3,600, it could revisit the support zone, with the potential for a continuation of the overall downtrend. However, a confirmed breakout above $3,600 could signal a continuation of the bullish trend toward higher targets. ___________________________ Brief: Ethereum is testing key resistance at $3,600 after bouncing from a strong support zone around $3,160–$3,200. A breakout above this resistance could push the price towards $3,760–$3,800, while failure to break it could lead to a retest of lower levels. Monitoring the price action around $3,600 will be crucial for determining the next direction.
Hello Traders, the NIFTY50 is on track with my predicted scenario! It fell to 23047 on Monday and the recovery since is weak! So, I expect several lower lows in the coming week and a possible target range at or around 221xx area! A buying opportunity is given above the range of 24188 to 24226 to establish a brand new buy signal! The next wave, if so to come, could be strong without taking any deep breath! So, keep in mind, that the "weak-hands" are willing to give their positions and got shake off the market! It is up to you, to cover
Long from this demand zone.
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