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Tuesday, March 11, 2025

Anticipated Price Movement

Anticipated Price Movement

FORCE MOTORS LTD NSE:FORCEMOT

Expect the price to pick up from the current demand zone @ 7,277 and reach for breaking the first supply zone @ 8,123. Following this, the price could face a little hurdle at the second supply zone @ 8,892 where the price will be pushed down. Breaking past this supply zone @ 9,127. The price is to move upwards and reach for the third supply zone @ 9,496. Here the price will be chasing a target of 9,750.



source https://www.tradingview.com/chart/FORCEMOT/wOhrfO6d-Anticipated-Price-Movement/

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Sunday, March 9, 2025

The US index is at support level for again pull back

The US index is at support level for again pull back

US Dollar Index PEPPERSTONE:USDX

The US index is at support level; just mark the news of Dollars today and wait for confirmations on the H4 level to take the good trades.
Keep in mind!!!!!
If the US index gains some strength from the said level (103.84–103.10) and starts bullish, then the major pairs like EURUSD, GBPUSD, and XAUUSD start falling.



source https://www.tradingview.com/chart/USDX/RwGoDDKJ-The-US-index-is-at-support-level-for-again-pull-back/

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Friday, March 7, 2025

DOLLAR GAINS BUYER AMID NFP BAD DATA??

DOLLAR GAINS BUYER AMID NFP BAD DATA??

Dollar seems on hold in it's 2.618 fibonacci support after NFP data released. Will it go higher next week?

I see dollar still waiting next data release. I mention JOLTS Job Opening & CPI which both of them crucial in current context of US macro-economy. Strong job opening & CPI means investor and retail trader must be no worries about US macro-economic despite concern about trade war. Otherwise, weak job opening & CPI means labor market and inflation continue cooling down. It will push THE FED to give clear path about their plan for future Interest Rate.

So, dollar could make sideways movement (or even gain buyer) but overall still in bearish momentum. Dollar still driven by concern of trade war and if job opening comes weaker than expected, it could gives more power to seller.



source https://www.tradingview.com/chart/DXY/vwnM2UYh-DOLLAR-GAINS-BUYER-AMID-NFP-BAD-DATA/

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