Forexspecs
GBPJPY now sell GBPJPY signaling a trendless market. Similarly the RSI continues to hover around confirming the current indecisiveness of market participants. More importantly, the stochastic oscillator is trying to edge above its moving average, but such a move needs to pick up pace in order to be seen as a strong signal
EURUSD sell opportunity for more big fall EURUSD The latest inflation report for March spooked everyone showing consumer prices soaring by 3.5%, way above expectations What does high inflation mean It means the Fed's gonna keep interest rates high for longer to fight it As soon as that data hit you could practically hear the market's collective gulp with the EURUSD
GBPJPY just see this setup and make sure On the 1 hour chart, we can see more closely the recent price action with the pair bouncing on the most recent swing high level at If we get a pullback from the current high that’s where the buyers should pile in with a defined risk below the level to position for a rally into new highsThe sellers, on the other hand, will want to see the price breaking lower to position for a drop into the trendline around the level
Gold Continue long_term XAUUSD buying strategy Gold Geopolitical frictions in the Middle East have further bolstered gold although these risks have intensified only recently and haven't been a predominant theme for an extended period To add context investors have been nervous about Iran's potential retaliation against Israel following the bombing of its embassy in Syria Such action could escalate tensions in the region
Gbpusd buy fulling up the opportunity Gbpusd average This is generally a reversal pattern so we can expect the sellers to sell any rally now as they target a breakout below the support The price got a bit overstretched yesterday as depicted by the distance from the blue moving average In such instances we can generally see a pullback into the moving average or some consolidation before the next move
Xauusd sell opportunity’s Xauusd big fall of cpi XAUUSD Strong Report A surprisingly strong jobs report could signal a resilient economy, leading the US central bank to hold off on plans to ease interest rates imminently This scenario should be down for the US dollar but is likely to put downward pressure on precious metals like gold and silver
Xauusd buy opportunity long term bullish gold Gold should remain supported as we head into the easing cycle but a more hawkish Fed could weigh on it in the short term In fact we can say that the
gold support leve 2320 zone bullish area target is 2370-2380
will likely decide its fate as strong data should trigger a hawkish repricing in the markets and weigh on theprice in the short terms while
XAUUSD BUY opportunity long time bullish Gold has been rallying non stop lately for no clear reason as the name usual inverse correlation with real yields broke down There are talks of heavy central bank buying with China being at the forefront as it might be looking to de risk from US Treasury bonds In the big
XAUUSD opportunity one side going down and up XAUUSD BUY opportunity 2360 Conversely should bulls reclaim firm command of the market, resistance awaits at as previously noted In case of a breakout prices would enter uncharted territory making it challenging to pinpoint potential resistance levels However a notable area of interest may lie at corresponding to an ascending trendline
XAUUSD SELL opportunity 2200
Btcusd sell opportunity long term falling short and more fall Btcusd falls into The other important reason is that the US government may auction thousands of Bitcoins which it recovered following the collapse of Silk Road. The wallet holding these coins which are worth over $2 billion completed several transactions this week As a result this liquidation could lead to more Bitcoin supply which could affect its prices