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PremiumSymbol - EURAUD Amid a broader global bullish trend, the EURAUD pair is currently undergoing a corrective phase, approaching the support zone of the established trading range. Market participants are observing efforts by buyers to defend the 1.7750 level. The pair remains within a broad consolidation range. Price action near the lower boundary has exhibited...
Symbol - XAUUSD Gold, having recently reached the psychologically significant level of 3500, has entered a corrective phase. This movement was partially driven by a slight de-escalation in the trade tensions between the United States and China. Following a decline that did not reach the key support zone at 3288, gold prices began to rebound in early European...
Symbol - POLUSDT POLUSDT is currently trading within a defined range, exhibiting a counter-trend rally amidst a broader downward trend. A significant liquidity zone lies ahead, which may influence price action in the near term. A distribution pattern has emerged following a period of consolidation within the 0.1929 - 0.1750 range. The potential realization phase...
Symbol - SOLUSDT CMP - 134.70 SOLUSDT recently exhibited a false breakdown near the lower boundary of its established range. The market responded positively, with price action recovering and consolidating just below a key resistance level. Bitcoin is also undergoing a consolidation phase. While both Bitcoin and SOL display similar movement patterns, Bitcoin has...
Symbol - GBPUSD CMP - 1.3406 The GBPUSD pair is gaining strength amid a broader rally driven by the ongoing decline in the US Dollar Index. This depreciation in the dollar is largely attributed to prevailing political dynamics in the United States, a shift in sentiment toward lower interest rates, and ongoing trade-related tensions. As a result, major currency...
Symbol - NEIROUSDT Among the limited number of digital assets currently exhibiting upward momentum, NEIROUSDT stands out. However, its primary drawback lies in its position near the lower boundary of its trading range. This suggests the potential accumulation of liquidity ahead of a further decline. NEIROUSDT is currently exhibiting signs of short-term...
Symbol - BAJAJFINSV Bajaj Finserv Ltd. is a leading Indian financial services company engaged in insurance, lending, asset management, and wealth advisory. It operates through its subsidiaries like Bajaj Finance and Bajaj Allianz, making it a major player in the sector. The company is classified as a Systemically Important Non-Deposit taking NBFC. Bajaj Finserv...
Symbol - MANAPPURAM CMP - 234.16 Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC. Manappuram Finance Ltd. has recently demonstrated a significant bullish breakout,...
Symbol - ALCHUSDT Despite the prevailing bearish sentiment across the cryptocurrency market, ALCHUSDT stands out as one of the few assets demonstrating relative strength. However, the sustainability of this momentum remains uncertain, particularly in the face of upcoming resistance levels. Currently, a consolidation pattern is forming just below the breakdown...
Symbol - XAUUSD CMP - 3330 Gold remains in a strong upward trend, consistently reaching new all-time highs. Entering a rapidly advancing market without sufficient opportunity to assess risk is inadvisable. Therefore, engaging in the current momentum without a confirmed technical setup is not recommended. A potential price correction ahead of upcoming US retail...
Symbol - GBPCAD CMP - 1.8150 The GBPCAD pair is currently exhibiting a false breakdown of its trend support. In the context of a weakening US dollar, the British pound has entered a rally phase, which is advantageous for the currency pair. Fundamentally, the outlook is favorable for both the GBP & CAD, given the ongoing depreciation of the dollar. During the...
Symbol - NZDJPY CMP - 83.70 The NZDJPY currency pair is currently exhibiting a false breakout below the established range support, which, in the context of an emerging reversal pattern, suggests a potential breakdown of the prevailing bearish structure. From a fundamental perspective, recent market conditions have been highly volatile, primarily driven by...
Symbol - DOGEUSDT DOGEUSDT is currently testing a key liquidity and resistance zone within the context of a prevailing downtrend, following a news-driven market rally. The critical question remains: Can this upward momentum be sustained, or will the market revert to a broader sell-off? The overall downtrend persists. Recent market activity has been characterized...
Symbol - EOSUSDT CMP - 0.820 EOSUSDT has reached key resistance within the consolidation range of 0.54 - 0.60, where it has formed a false breakdown, signaling a lack of potential for further upward movement. The broader cryptocurrency market is currently displaying signs of weakness, exacerbated by yesterday’s speech by President Trump and the subsequent...
Symbol - XAUUSD CMP - 3032 Gold is currently undergoing a significant liquidation phase, primarily driven by profit taking following last week's favorable market news. The market sentiment has been further pressured by the robust Non-Farm Payroll (NFP) report released on Friday. The economic risk landscape is showing signs of divergence. Following a decline in...
Symbol - EURGBP CMP - 0.8460 The EURGBP pair is currently within the distribution phase (with a news-driven backdrop) and has tested the resistance level at 0.8461 and the associated liquidity zone. However, a false breakout has occurred, indicating a lack of sustained upward momentum. Meanwhile, the Dollar Index is experiencing a decline following the...
Symbol - BTCUSD CMP - 84600 BTCUSD is undergoing a shift in market structure, transitioning into a bearish phase following the breakdown at 90K. A deeper correction is currently developing, which, in my view, represents a logical and technically sound progression for a healthy market. It is concerning when the market only experiences upward movement driven...
Symbol - BTCUSD CMP - 84540 BTCUSD continues to exhibit a bearish trend after breaking the bullish structure on the weekly timeframe. There are no discernible bullish drivers at present, and from a technical standpoint, the price is poised to approach the imbalance zone between 75K and 73K. Recent events, such as the crypto summit and discussions surrounding...