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GBPUSD continues to increase after a series of days of declineHello everyone! The GBP/USD pair is currently experiencing an upward trend, demonstrating a strong recovery after a period of consecutive losses. The price of GU is hovering around 1,222, indicating positive momentum. Conversely, the safe-haven currency has been weakened due to a slight decrease in US Treasury yields and stable performance in the stock market. This situation acts as an advantage for the GBP/USD pair. Please note that the above rephrased text contains 109 words.
by AlselvSignals
World gold reduces shock, what should be noted?Hello everyone. The price of gold on the international market has decreased by an additional 15 USD today, dropping from 1,875 USD/ounce to 1,865 USD/ounce due to the high value of this currency, with the USD Index remaining steady at 106.6 points. On the other hand, financial investors are focusing their capital on bonds and stocks, resulting in a minimal flow of money into precious metals. As a result, the world's gold price is forced to decline. In my personal opinion, gold will experience a slight adjustment today and then consider it as a resistance level that continues to push down the price of gold into a deep dip.
OANDA:XAUUSD
by AlselvSignals
UJ needs more momentum to move towards 150.00Greetings to all! Currently, the USDJPY pair is maintaining its upward trajectory and is presently engaged in a horizontal trading pattern at 149.11. The Japanese Finance Minister, Shun'ichi Suzuki, has reiterated that the government will take measures against the recent depreciation of the Japanese Yen (JPY), which is benefiting this currency pair. However, in terms of long-term prospects, this particular pairing still faces challenges from a psychological resistance level situated at 150.00. It is not currently feasible to surpass the resistance level of 149.72 due to the absence of a specific target set by the government to trigger currency intervention for JPY. Nonetheless, there's no need for concern regarding market psychology at present since buyers will continue to provide support. Consequently, it's expected that prices will correct themselves back towards previous levels and successfully surpassing the resistance level of 149.6 will pave a path for further increases in USDJPY prices.
by AlselvSignals
EURUSD recovers from lossesHello dear friends! Today, the EURUSD is experiencing a strong recovery and is currently trading around the 1.058 level. The strong recovery following the lowest daily close of the year so far has improved the prospects for the Euro, although the overall trend is still downward. However, a potential prolonged recovery to around 1.0700 could occur due to support from a correction in the US Dollar, which has temporarily paused after an extended period of gains, creating favorable conditions for an increase in value for the EU. And what do you think?
by AlselvSignals
Why is Shib not moving🤔but the market shows signs of growth?Hola shib fans - Here today to answer a question from a follower, that question is: "What the he!! is going on with shib are we crash are we getting ready for a pump to the moon help I would like to know should I buy or not" Answer: Simply put we are in danger of heading to another perhaps hard crash in the coming days - currently we are consolidating prepping for what looks to be a pump to the 900 - 1000 giving shib it's first ever green september. However; it could be in fact a possible dump in the process of falling to the lower 650's. Reason: Well simply put - don't rely on the shib chart for answers to this question, sadly we need to view 3 different cryptos to know for certain, the main culprit is in fact BTC - but it is slowly trying to recover on the 4 hour chart but the day chart is likely moving to high to fast, and eventually will meet a unwelcome retreat back to the 25k or less, and in the process taking Shib inu with it. reason for it is: The Bitcoin network is experiencing the longest period of block fullness in history, data shows that there are currently more than 461,000 pending transactions, which means continued congestion on the Bitcoin network will further affect the confirmation of low-value transactions - this explains the current downtrend we've been experiencing even though BTC been getting a lot falling in its favor and still crash - So basically back orders finally build up like a blood clot - so no telling how many orders were sells or buys till it drops down to half that amount. And if you notice Shib has done this 8 times in the past 2 months before. It would look as tho it was progressing with high potential to break the barrier that keeping shib and other cryptos from rising. Only to slowly burn away without notice that it's burning. Like Methanol as an invisible fire you can't see it but it's happening. So the question is, is there a bull run on the horizon or are we still in bear country. Currently I can not give a full answer, some charts including Bitcoin are showing signs of wanting to break away from the lower levels, however, things are not as they seem as they are also showing signs of much lost of support in areas where support would be the needed currently to prevent further crashing to the Shib - 400 range. It's a possibility we may get the support but the real question is when? Should you Wait - Buy - Sell - Hold - at this point and time I would say buy but for a short sell or hold if you have sustained loses already, Shib maybe doing a slow burn so there will be gains to be made, but regardless you are at the lower 700's which is basically a safe zone for shib it may go lower but it always seem to return to the 700 mark if it does crash - which in my opinion is likely to happen soon. So make the best of it and buy more if it does indeed crash. But for now I will list my findings and show what paths we may be taking in the next few days to weeks. Be sure to Like follow and sub for more content like this. BITSTAMP:BTCUSD BINANCE:BTCUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT COINBASE:SHIBUSD BINANCE:SHIBUSDT
by Grandmaster_Oz
1
Bitcoin 10k crash! Reposting from Aug 19, 2023This is a republishing of my original post of title: Bitcoin 10k crash‼️ - 🤔 will it happen? Can it be avoided? The original version was removed - for reason I care not to explain. BITSTAMP:BTCUSD BINANCE:BTCUSDT BINANCE:BTCBUSD KUCOIN:BTCUSDC BINANCE:BTCUSDT.P I wanted to do an update to my original post and below you will see what charts and findings including the original post from August 19th to help you decide on if you want to invest. Please be advised. 🚫Do not allow this to frighten you into selling, or consider this as financial advice, understand the risk and understand this may be hypothetical so bear with me BTC -fans or any of those that follow my content, take this with a grain of salt. Like, laugh, make fun of this prediction, but I just wanted to give everyone a heads up of my findings. So by the 19th to the 20th of this month, we maybe in more trouble than we think, we may need to start the recovery process soon as this is effecting a great deal of the market and not just cryptos if this issue is not recovered soon - or - see Bitcoin fall in price to the range of 10k by September 25, 2023 or late October 2023. I will add updates to this post as it progress. Be sure like, follow, and subscribe for more tips and prediction from me. Grandmaster_oz Will be creating a streaming channel soon so I will be covering future events live or on recording. Below the current status of the market today.
Short
by Grandmaster_Oz
24
How We Use The Forecast Model PatternsThe current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have every pattern in this default position to help us gauge where the Bitcoin price most likely will be in the future, and to compare historical price behavior to the current situation. Thanks for watching!
INDEX:BTCUSD
by TheCryptoWeatherChannel
Gold price finds new peak in ascending trendGold prices were a bit volatile today attracting some buying pressure for the third straight day on Monday and are slowly rising towards the $1938 level. XAU/USD is now looking to build on the recent decent recovery from around $1,900. Looking at the 4-hour golden frame, the downtrend line has been crossed, clearly showing signs of a change in sentiment, causing us to set our target at a higher level. Gold's next targets will be 1938, 1945 and ultimately 1950 USD.
OANDA:XAUUSD
by AlselvSignals
EURUSD maintains potential uptrendHello everyone! Today, the pair is receiving bullish support due to improved market sentiment and a broad-based US Dollar pullback thus keeping EUR/USD in a positive trend. On the downside, any further recovery could encounter resistance near the previous monthly low around 1.0685. This is followed by the psychological level of 1.0700. If that plays out there is a possibility that a short-selling rally could push the EUR/USD pair towards weekly highs around the 1.0765-1.0770 region. Many buyers can be invited to join the market.
by AlselvSignals
$25,000 Is The Price To HOLD: New Video Up!In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every cycle. Nevertheless, when this price line is established, the price has never again closed below the line. Will we brake the pattern this cycle? Or will the pattern continue. What are your thoughts?
INDEX:BTCUSDLong
by TheCryptoWeatherChannel