RBI paused, bulls released: Nifty 26,000+ coming? [Video]

Abhishek H. Singh WaveTalks

In today's WaveTalks session, we dive deep into the latest market moves and review our past prediction accuracy before jumping into technical setups for the coming days.

Market analysis covered:

Silver MCX: Near-term outlook.

Nifty FMCG: Trend review, historical key levels, and current structure.

Bank Nifty: Critical support/resistance zones and tomorrow's possible scenarios.

Nifty 50: Broader wave analysis and directional bias for the upcoming session.

Whether you're a trader or an Elliott Wave learner, this breakdown will help you spot the market whispers before they happen!

Author

Abhishek H. Singh

WaveTalks

Abhishek is a seasoned financial analyst with over a decade of experience specializing in Elliott Wave Theory.

EUR/USD trims gains, back below 1.1800

EUR/USD now loses some upside momentum, returning to the area below the 1.1800 support as the Greenback manages to regain some composure following the SCOTUS-led pullback earlier in the session.

GBP/USD off highs, recedes to the sub-1.3500 area

Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.

Gold climbs to weekly tops, approaches $5,100/oz

Gold keeps the bid tone well in place at the end of the week, now hitting fresh weekly highs and retargeting the key $5,100 mark per troy ounce. The move higher in the yellow metal comes in response to ongoing geopolitical tensions in the Middle East and modest losses in the US Dollar.