Hello 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...
Hi everybody. Today, GBP/USD remains on the defensive below the 1.2400 mark during the first trading hours in Asia on Monday. The major pair is currently trading near 1.2390, up 0.06% on the day. Market participants prefer to wait on the sidelines ahead of this week's important event.
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...
In this morning's trading session, gold prices increased slightly, reaching 1929-1930 USD in the context of a slight decrease in the value of the USD. Meanwhile, the US Dollar Index (DXY), which measures volatility against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), fell 0.1% to 105.22. This has supported gold prices. Sincerely thank everyone
Hello dear traders. Do you have questions about Gold today? Currently, gold is showing signs of weakness and trading at lows below 1930 USD, in the context of a strengthening US dollar due to Fed decisions. Gold still shows its decline as it still cannot overcome the strong resistance level of 1946 USD. Therefore, the possibility of a significant decrease may...
Hello traders, BOJ meeting could change the market direction. Daily view: There is one entry and three TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
This 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...
The 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...
Hello investors! Today, it seems that our expectations for the Discount NZD yesterday did not come true when it was traded within 0.5895/0.5920. There are signs that the rising momentum is forming, although only exploration. Currently, as long as the NZD remains over 0.5895 (with a small support level of 0.5910), it can be stronger but overcoming an important...
Gold 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...
Currently, EUR/USD is trading under pressure below 1.0700 during Tuesday's cautious Asian session. It is speculated that the ECB's completion of the rate hike will weigh on the common currency, while the USD's bearish action could support the pair. However, the main risk to the EUR outlook is that the ECB turns dovish sooner than expected and/or growth momentum in...
Gold prices increased short-term this week but were affected by information about the FED's upcoming interest rate increase. But recent results show a rapid recovery in the US economy in the second half of 2023. We can therefore see the Gold market likely to quickly return below 1900.
Hi everybody. Today, the USDjpy market is still calm with little volatility. Currently, this pair of money is passing and trading around the price of 147.69. It seems that USDJPY is having difficulty seeking opportunities to increase prices when the pressure exceeds strong resistance of 147.80. Despite trying many times but still unable to overcome.
Alselv hello everyone, let's comment on the Gold price this week. Currently, today's gold price continues to show strength when trading around the 1933 USD mark. However, high gold prices and the weakness of the Chinese and Indian currencies against the US dollar will continue to weigh on demand for gold.
Looking at the 4h chart of USDJPY we can see that there is a fluctuation of slight decline in today's trading session but this pair of money is still in the trend of increasing. Therefore, we should still stick to the script and target higher. If that happens, the psychological level will likely reach the psychological level of 148.50 JPY.
Hello 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...
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...
it is giving us 5 reasons to go short at 29k estimated price, because we have a lot of confluences at that price , we have golden pocket at weakly time frame , and we have weakly level and we have order block and we have some kind of volume levels,