Technical Analysis — TradingView (2024)

Gold Potential downsides

XAUUSD

, 240Short

JoeChampion

Hey Traders, in today's trading session we are monitoring GOLD for a selling opportunity around 2050 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2050 support and resistance area.Trade safe, Joe.

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Technical Analysis

Technical analysis is a trading tool employed to evaluate securities and attempt to forecast their future movement by analyzing statistics gathered from trading activity, such as price movement and volume. Unlike fundamental analysts who attempt to evaluate a security's intrinsic value, technical analysts focus on charts of price movement and various analytical tools to evaluate a security's strength or weakness and forecast future price changes.

Over the years, numerous technical indicators have been developed by analysts in attempts to accurately forecast future price movements. Some indicators are focused primarily on identifying the current market trend, including support and resistance areas, while others are focused on determining the strength of a trend and the likelihood of its continuation. Commonly used technical indicators include trendlines, moving averages and momentum indicators such as the moving average convergence divergence (MACD) indicator.

APE Has broken above 1.850

APEUSDT

, 240Long

JosephMcKenzie

APE Has broken above 1.850, the pullback might be very short due to the strong Bullish engulfing candle. 🔵Entry Zone 1.769 - 1.835🔴SL 1.6361🟢TP1 1.9198🟢TP2 2.1440🟢TP3 2.3661Risk WarningTrading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not...

5

3

DXY:Fed warnings and potential upsides

DXY

, 360Long

JoeChampionUpdated

Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.800 zone, DXY is trading is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at the 103.800 support and resistance area.Trade safe, Joe.

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1

Dollar Index (DXY): Important Key Levels Ahead of FOMC

DXY

, 1DLong

VasilyTrader

Here is my latest structure analysis for DXY.Resistance 1: 104.85 - 105.03 areaResistance 2: 105.93 - 106.14 areaSupport 1: 103.61 - 104.02 areaSupport 2: 102.58 - 103.00 areaSupport 3: 101.90 - 102.16 areaSupport 4: 100.60 - 100.90 areaConsider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️

HDFC BANK Analysis - Continuous, Just as the Markets !

HDFCBANK

, 15

SnowflakeTraderUpdated

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.* Trend is Based on TrapZone Color* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

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2

DXY Analysis: Navigating Currency Trends Amid Economic Dynamics

DXY

, 240Long

JoeChampion

Hey Traders,In today's trading session, we're closely monitoring the US Dollar Index (DXY) for a potential buying opportunity around the 103.700 zone. DXY, a key measure of the dollar's strength against a basket of major currencies, has been exhibiting a clear uptrend in recent sessions. Currently, it's undergoing a correction phase, edging closer to the...

8

Gold: Testing resistance, strong volatility

XAUUSD

, 240Long

Maximilian_FXUpdated

Currently, this precious metal is trading around the $2017 mark, showing a 0.02% increase for the day.As a result, the PBOC's LPR cut and cautious sentiment have prevented the Gold price from moving. Meanwhile, technical indicators are showing weakness just below the middle line, indicating a decrease in buying pressure.In the coming period and based on the...

6

1

NKN is continuing to go up in the Bullish channel

NKNUSDT

, 120Long

JosephMcKenzie

NKN is continuing to go up in the Bullish channel after the rejection🔵Entry Zone 0.1285 - 0.1345🔴SL 0.1198🟢TP1 0.1459🟢TP2 0.1638🟢TP3 0.1939Risk WarningTrading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.If you liked...

6

USDJPY: New trend strategy

USDJPY

, 240Short

TradingForecast_Signals

Dear friend, today we have an idea about trading this major currency pair.Currently, USDJPY continues to trade in a downward trend, and the range around 150.30 and 150.50 continues to serve as a psychological barrier for the upward movement of this currency pair.Specifically, concerns about intervention have strengthened the JPY, although uncertainty about the...

5

USD CPI Boosts: Monitoring AUDUSD for Selling Opportunity

AUDUSD

, 240Short

JoeChampionUpdated

Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65400 support and resistance area. The recent release of higher-than-expected CPI data in the United States has strengthened the US dollar,...

16

Upcoming Dencun upgrade is pushing ETH price to 3500

ETHUSDT

, 1D

fastprofittrader

Hi everyone,After recent correction Ethereum price started to rise again and already broke previous yearly high at 2700 and currently is trading above 2900.The main driving force pushing Ethereum price up is upcoming Dencun upgrade which is planned on March 13.Let's look at how Ethereum price behaved before previous big upgrades.Before Merge upgrade Ethereum...

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Overview of world gold

XAUUSD

, 1DLong

TradingForecast_SignalsUpdated

Dear friends,Today, gold ended the trading session with a significant price increase. This precious metal is currently trading at $2027, highlighting a 0.18% increase for the day.You may wonder why the price has risen so sharply. Regarding international market information: The US dollar is influenced by increasing speculation that the Federal Reserve (Fed)...

4

EURUSD: holding higher levels

EURUSD

, 60

TradingForecast_SignalsUpdated

Dear friends,Today, EURUSD continues to trade in an upward trend.It is noticeable that the overall performance of the US dollar remains weak, despite the mixed market sentiment, as investors contemplate betting on a Fed interest rate cut and the risk of a US government shutdown ahead of the Fed Minutes.Currently, from the 1-hour chart, although EURUSD is...

5

BTCUSDT: Turning down despite the general trend being up

BTCUSDT

, 1WShort

Maximilian_FXUpdated

Hello everyone, what do you think about the price movement of BTCUSDT?Here is my perspective on this cryptocurrency market on a weekly time frame.BTCUSDT has experienced a strong upward trend followed by a 1.24% correction at the time of writing. However, upon observation, we notice that the price is no longer making higher highs as it faces strong resistance...

4

USDJPY

USDJPY

, 60Long

TradingForecast_SignalsUpdated

Dear readers,In today's USDJPY market, the main currency pair, USDJPY, is showing an upward trend on the downward channel as the DXY index stabilizes and somewhat provides upward momentum.Currently, USDJPY is fluctuating around the level of 150.39, and on the 1H trend chart, it appears to still be in an upward trend with strong momentum and a dominant diagonal...

7

Cardano Can Retest December 2023 Highs

ADAUSD

, 60Long

ew-forecast

Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs. Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.

3

🏗-IRB can it become MULTBAGGER from here..multi year breakout??

IRB

, 1MLong

Peaceful-Weekend-InvestingUpdated

Is anyone aware of what is causing the recent price action in IRB on the NSE? The stock seems to be breaking out with significant volume against a multi-year resistance level. Despite the lack of alignment between fundamentals and technicals at the moment,Speculating - could it potentially become a multi-bagger after crossing 7X from the bottom? Any...

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What's changed in gold price today?

XAUUSD

, 240Short

TradingForecast_SignalsUpdated

Gold prices fell slightly on Tuesday after pausing a three-day winning streak, easing to near $2,020 an ounce during Asian trading hours. The non-ferrous metal's price has been challenged by a strengthening US dollar (USD), possibly due to higher US bond yields. This rise in bond yields has put downward pressure on prices for non-yielding assets such as Gold.

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Technical Analysis — TradingView (2024)
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