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AUDJPY Analysis - BuyAUDJPY Analysis Overview 1. Seasonality: AUD: Bearish until midweek — Seasonal weakness in AUD early in the week aligns with a short-term bearish sentiment. JPY: Bullish — JPY strength throughout the week supports its safe-haven appeal. --- 2. COT Report (Commitment of Traders): AUD: 4-week flip indicates a Sell bias. Non-commercial short positions are increasing, signaling bearish sentiment for AUD. JPY: 4-week flip indicates a Buy bias. Non-commercial long positions are increasing, reinforcing bullish sentiment for JPY. --- 3. Fundamental Analysis: LEI (Leading Economic Indicator): AUD:Decreasing — Suggests deteriorating economic momentum, adding to bearish pressure. JPY: Range — Neutral economic conditions but still supportive due to JPY's safe-haven status. Endogenous Factors: AUD: Mix to Decreasing — Weak internal factors limit AUD’s strength. JPY: Increasing — Improving domestic conditions support JPY buying. --- 4. Exogenous Factors: GBPJPY: Strong Sell — Broader risk-off sentiment in the market favors safe-haven currencies like JPY over risk-sensitive ones like AUD. --- 5. Technical Analysis: On the 1-hour chart: A Cup and Handle pattern and an ABCD pattern are forming, indicating bullish potential. After point C, the price is making Higher Highs (HH) and Higher Lows (HL), suggesting a bullish continuation. These bullish patterns present a good Buy Opportunity, especially as the price confirms its breakout above the handle. --- Bias: Buy Despite AUD's seasonal weakness early in the week, the technical setup on the 1-hour chart favors a bullish bias for AUDJPY. JPY's strength provides additional support for safe-haven flows, but the technical patterns indicate that AUDJPY has room to rally in the short term. Consider entering long positions upon confirmation of the breakout above the handle.
Long
by asadamalik
NVIDIA set to make one more higher high to $165?Technical Analysis: ================ A series of higher highs and higher lows in Weekly Timeframe: NVIDIA has found support at $132, which previously acted as a resistance area during June, July, and August 24. If the stock continues to rise from this level, we could see another higher high (yellow cap) around $165. Alternatively, a deeper correction toward $104 could still be on the table if the support fails. Fundamental Analysis: ================== 1) If NVIDIA struggles, it would suggest AI's momentum is waning—which is clearly not the case. This downtrend might simply reflect profit-taking by large traders. 2) The "Santa Rally" is in play, and NVIDIA appears to be on the "nice" list, signaling potential upward momentum. 3) NVIDIA's Blackwell product line is expected to contribute significantly to profits in the next quarterly earnings, potentially providing a substantial boost to the stock. I bought NVIDIA stock at $145 and plan to hold sell at $160.
NASDAQ:NVDALong
by spranav
1
Reverse Head and Shoulder patten forming in EURUSD DailyTechnical Analysis: ================ A reverse head and shoulder pattern has formed in EURUSD, if the price action continues to go up, it can gain ~300 pips. The neck line, left and right shoulders and the head of the H&S pattern are previous significant levels (means support or resistance in past). Fundamental Analysis: =================== 1) Santa Clause Rally : For whatever reason the stock market keeps going up in December, and USD should depreciate against major currency pairs including EUR 2) The VIX Index has gone down significantly due to the ceasefire between Israel and other parties There are other factors like Trump administration would consider crypto as mainstream currency, which would depreciate USD. But that might happen in 2025, we should see the H&S happening in December if the price action continues in the same/upward direction. Note: A trade idea I post here is also my trading journal.
Long
by spranav
1
In-Depth Technical Review on Agape ATP Corporate (NASDAQ: ATPC)The following is the transcript of the ATPC analysis video. Agape ATP Corporation’s (NASDAQ: ATPC) daily chart reflects a prolonged period of consolidation, following sharp price volatility earlier in the year. Notably, the share price has stabilised around the $1.40 to $1.50 range for the past weeks, suggesting that a base may be forming after its earlier decline. From a technical perspective, the MACD indicator provides valuable insight. The MACD line (represented in blue) has remained close to the signal line (orange) with minimal divergence, indicating a lack of decisive momentum for now. Additionally, histogram bars oscillate around the zero line, suggesting that buying and selling pressures are relatively balanced. Turning to the Relative Strength Index (RSI), the indicator is currently hovering around 46.7, which places it in the neutral zone. This suggests that the stock is neither overbought nor oversold, aligning with the lack of a clear directional trend. A move above 50 could signal increasing bullish momentum, while a drop below 40 would reflect growing selling pressure. Zooming out, the share price has been in a downtrend since mid-year but appears to have found a floor near the $1.40 level. While short-term volatility has subsided, the lack of volume and weak momentum indicators signal that traders are awaiting a catalyst to trigger the next significant price movement. In summary, ATPC’s technical indicators – the flat MACD and neutral RSI – suggest the stock is currently in a consolidation phase. Moving forward, traders should monitor any significant breakout above resistance above USD 1.50 level for a trend reversion confirmation.
NASDAQ:ATPCLong
by HASHInvests200
Bearish Setup on EUR/USD After Rejection at Key ResistanceTrading Idea on 1-Hour Chart (H1): The EUR/USD pair is showing signs of a potential bearish continuation after testing a key resistance zone around 1.0540 - 1.0544, which aligns with a previously broken downward trendline. The market structure on the H1 timeframe indicates lower highs, suggesting sellers are regaining control. Technical Confirmation: Key Resistance Zone: The 1.0540 - 1.0544 area acts as a significant rejection point where bullish momentum appears to be weakening. Break-Retest Pattern: The price broke below a descending trendline and is now retesting the zone, showing clear signs of rejection. RSI Indicator: The RSI is currently near 60, reflecting recent bullish movement but remaining below overbought levels, which signals potential exhaustion in the upward move. Technical Confirmation: Key Resistance Zone: The 1.0540 - 1.0544 area acts as a significant rejection point where bullish momentum appears to be weakening. Break-Retest Pattern: The price broke below a descending trendline and is now retesting the zone, showing clear signs of rejection. RSI Indicator: The RSI is currently near 60, reflecting recent bullish movement but remaining below overbought levels, which signals potential exhaustion in the upward move. Summary: This idea is based on a bearish continuation pattern following rejection at a key resistance zone, supported by trendline retest and weakening bullish momentum. Confirmation on lower timeframes (e.g., M15) is recommended before entry.
Short
by Jose_ManuelR
XAUUSD TECHNICAL ANALYISIS (READ CAPTION)hello traders, share your opinion about this chart in comment section. current price 2682 after retracement of almost 300 pips market has arrived at its supporting point. from this zone market's next move will be 2707 and 2710. market is still bullish and the reason behind retracement is CPI as buyers are waiting for news to be released. key point: supporting point: 2675 and 2667 resisitance 2707 and 2710 like, comment and support. thanks four supporting me
OANDA:XAUUSDLong
by Ibrahim_Gold_Traders
Ryde Group Limited (NYSE: RYDE): Signs of Stabilisation Recent observations indicate that Ryde Group Limited (NYSE: RYDE) is experiencing a slowdown in selling pressure, suggesting potential price stability. The stock has repeatedly tested the $0.40 support level, with technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) showing oversold conditions. This scenario presents a strategic opportunity for traders to consider accumulating the stock at current levels. Based on our analysis, the short-term target prices are set at $0.45 and $0.48, representing potential returns of 12.5% and 20%, respectively. These targets are supported by technical momentum and the observed resilience at the $0.40 support zone.
AMEX:RYDELong
by HASHInvests200
Agape ATP Corporation - Is a Trend Reversal on the Horizon?If you’ve been keeping an eye on Agape ATP Corporation (NASDAQ: ATPC), you’d notice that the stock has been on a downtrend for quite some time. However, there are some subtle but interesting signs popping up on the chart that suggest things might be taking a turn for the better. Let’s break it down in simple terms. For weeks now, the price has been holding steady around the $1.50 mark. This is a big deal because it shows that the sellers might be running out of steam. It’s like a tug-of-war between buyers and sellers, and right now, the buyers seem to be putting up a good fight. One of the first things traders look for in a potential trend reversal is volume, and it’s starting to show some life here. Over the past few weeks, we’ve seen turnover starting to tick up. Why is this important? Because volume tells you where the action is. If more people are trading the stock, it often means something is brewing. Alright, let’s not get too technical here, but moving averages (MAs) are basically the average prices over a set period. ATPC’s shorter-term MA10 (10-day moving average) is beginning to flatten out. If the stock price can break above this level, it’s a strong signal that a new uptrend might be starting. Think of $1.50 as a floor. If the stock doesn’t drop below this level and starts climbing, it’s a sign of strength. Traders often keep an eye on such levels because they can act as launching pads for upward momentum. When you put all these signs together—stabilising price, increasing volume, flattening moving averages—it looks like the downtrend could be running out of gas. Sure, we’re not seeing fireworks yet, but the early signals are there. What Should You Do? If you’re thinking of jumping in, here’s the plan: • Watch the RM1.50 level like a hawk. If the price stays above it, that’s a good sign. • Look for more volume in the coming weeks. If it keeps picking up, the trend reversal could be real. • Keep an eye on the short-term MA10. A break above this line might be the green light you’re waiting for. As always, do your homework and manage your risk. No one knows for sure what will happen, but the signs are looking promising for ATPC. If a reversal is indeed underway, it could be a chance to catch the stock on the ground floor of a potential new uptrend. Stay sharp!
NASDAQ:ATPCLong
by HASHInvests200