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EUR/GBP: PAT + VPA 11/2/2024Good morning, I will be closely observing the EUR/GBP currency pair on a daily basis, as I expect a bullish pullback or reversal to materialize in the forthcoming weeks. - 1W / Weekly Analysis: The market has recently dipped to a low of 0.839, with current support established at 0.832. The price has tested the 0.832 level multiple times without breaching it, suggesting a diminished appetite for selling at this juncture. Additionally, the presence of significant wicks accompanied by relatively smaller bodies may indicate a potential selling climax. - 1D / Daily Analysis: The daily time frame reveals the formation of a double bottom pattern at the weekly support level of 0.0832. Presently, the price is retesting the recent swing high of 0.84, which represents the latest peak. The price has demonstrated its capacity to remain above the 0.84 threshold, and I anticipate a continued upward movement towards 0.846 in the upcoming weeks. OANDA:EURGBP XETR:DAX TVC:BXY ThePipAssassin
Long
by ThePipAssassin
1
USOIL: Bull Run Continue Next Target: 77:00Disclaimer: This particular analysis is not a trading advice but a personal analysis for study purpose only. Greetings! What are your thoughts on USOIL let me know in the comment section. Current USOIL price: 74.50 After breaking the trendline of 71.50 market has been bullish. Currently market is working under the range of 78.00 and 73.50 market is trying to test the lower areas but it would jump up from 73.50 to 77.00 because of the devaluation of USD, Middle East Crisis and US shale production plateau which can disrupt the supply and drive the prices up. I think after hitting higher area of 80.00 market went in the phase of correction and now again its ready to join the bulls again. Supporting Areas: 73.50, 72.00 Resistance: 75.50, 77.00 Demand Zone: 77.00 Like, comment and support for latest updates on USOIL. Thanks for your support
TVC:USOILLong
by ATF_Trades_FX
Analysis of gold market trends next week: Gold news analysis: Gold prices rose nearly 1% on Friday (January 24), close to the historical high set in October last year, mainly driven by U.S. President Donald Trump's call for interest rate cuts and uncertainty in his trade policy. Spot gold rose as much as 0.12% to $2,785.50 per ounce, up 2.8% this week. Gold prices are currently at their highest level since the all-time high of $2,790.15 per ounce set on October 31 last year. The U.S. dollar index fell to a one-month low, making dollar-denominated gold cheaper for foreign buyers. Gold prices are heading towards new all-time highs, coinciding with a correction in the US dollar. The dollar weakened as Trump hinted that he might relax his tariff policy on China and choose to reach a trade agreement. On Thursday, Trump said at the World Economic Forum in Davos that he would ask for an immediate rate cut. In an interview with Fox NEW, Trump said he preferred not to use tariffs to resolve trade issues with China. Zero-yielding gold is seen as a hedge during times of political and economic turmoil and performs well in a low-interest rate environment. Trump’s comments come ahead of next week’s Federal Reserve meeting, when policymakers are widely expected to keep interest rates unchanged. Gold once again continued its previous upward trend on Friday. It hit the 2785 line at its highest in the US market and then retreated under pressure, approaching the historical high and closing at the 2770 line. The daily line also closed in the inverted hammer shape of the upper lead. Although There is a willingness to go higher and fall back on Friday, but for now, the support of 2770 is still resisting stubbornly, and it has not broken after all. Next week is also the announcement of the interest rate decision. Before that, gold is likely to be in shock. Of course, it does not rule out the early release of news. Once the Asian early trading opens flat next Monday, the 2770 line may also fall. What needs to be tested is the top-bottom conversion 2762-60 area below. This The position is also the rising point of the upward trend, while the upper suppression port remains near 2780-88. In the short term, it is likely to fluctuate around this range, waiting for a later breakthrough. Judging from the 4-hour market analysis, the performance of the Asian morning session and the European session on Monday is also more important. The US session also needs to follow the trends of the European session for layout, regardless of whether the bulls can break through in the later period and set a new high again, or form a retracement correction. situation, there may be a wave of upward energy in the later period. Our professional and experienced gold analyst team recommends the short-term operation strategy for next Monday Gold operation strategy: 1. Go long when gold falls back to 2758-2762, and add more positions when it falls back to 2750-2753, stop loss 2743, target 2780-2788;
FOREXCOM:XAUUSD
by Caesar_Gorman01
Update to TURBO"S TAKE OFF ! INCOMMING If you seen my last post. Triple BULL FLAG on TURBO. This is a continuance of that previous post. With Trump coin coming out of left field the planned launch for TURBO was Postponed until Mid February. As we can see here; the price action has broken the triple flag trend, and feel below the trendline and is now sitting in the GOLDEN POCKET ! Gaining momentum and Preparing the engines for TAKE OFF ! What we are waiting for is a cross of the 21 and 200 day moving averages. As we can see here there have been multiple long legs up, right as the MA cross over happens. We see this as an EXCELLENT OPPERTUNITY to PACK YOUR BAGS before launch ! Feel free to board, Make yourself comfortable, have a drink and relax knowing that 1.3 - 2.0 is incoming next leg up for Lil BUDDY TURBO ~
CRYPTO:TURBOUSDLong
by DannyFQuest
LUNC trash token has already lost 100% of the 'Trump Pump' gainsThe LUNC trash token, often promoted by the 'wealth transfer' community on YouTube and other platforms, has officially lost 100% of the gains it made from the 'Trump Election pump.' It does appear that LUNC could be setting up for a decent move in the future, but anyone who invests in a trash token like this, which has defrauded so many people and robbed them of their wealth, would have to be utterly insane. Not to mention, there are trillions and trillions of tokens. There are much better investment options out there, so why take the risk of betting on trash becoming treasure? For the most part, trash remains trash. Good luck, and always use a stop-loss!
CRYPTO:LUNCUSD
by MetaShackle
Gold 4h outlook for 27th-31st January 2025Gold is observed in an uptrend channel since 30th December 2024 As at 24th January 2025, Gold struggles to break 30th October 2024 resistance zone. A pullback from the resistance zone to retest previous break of structure at the short term support price level or break through this level towards the lower trend channel line before proceeding with the uptrend to retest the resistance level again. Should buyers failed to hold the price at the lower trend channel line, expect price to reach the support zone
CAPITALCOM:GOLD
by mcsavdella
1