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AVAX Long Set-UpI entered a long position here on #AVALANCHE. A previous major low was swept and the price seems to be holding this level. I placed a stop loss below the previous wick low. #Bitcoin also has swept its HTF pivot low and is looking to move higher in the short term. ---------------------------------------------------------------------------------------------------------------------- Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
XAUUSD Daily timeframe analysisLooking at the daily timeframe we have had our push up for the day and are at a very critical level where we have seen price reject on the daily timeframe 26 (yes twenty six) times in the past. This is significant because it means there is a high probability of price rejecting this level and moving down, however, should we see price close above this level it would indicate a strong chance of price continuing to the upside. Even as a scalper this level is key because it will help give the bias/overview for the remainder of the day and tomorrow.
OANDA:XAUUSD
by FriesianFX
XAUUSD Outlook 24/7/23 Major daily zone 🚨Good evening gold gang .. its finally upon us. The new week!! Im excited to get back to business. Gold is now approaching a daily structure point where we can either start climbing up to the 1993 key level as i talked about last week .. or we break the trend and start coming back down. DXY in pull back phase currently but looks like it can turn at anytime allowing gold to push up .. lets see! Reversal point on the chart at my algo level would be amazing if we can get it in london tomorrow .. if not, buys above break and retest style is the next best option. Sells tucked away below the trendline there incase we violently drop .. wait for retests before you shoot! A big news week too with red folders every day! so lets expect fireworks. We love it. A reminder to follow along if you are not already .. don't miss my updates during the day! catch you in london session my friends tommyXAU
OANDA:XAUUSDLong
by tommyXAU
9
EUR/USD Prediction on 14.07.2023Despite some fluctuations and occasional rallies, the Euro (EUR) remains in a bearish state. Several factors contribute to this ongoing bearishness in the EUR. Firstly, the economic performance of the Eurozone has been underwhelming. The region continues to face challenges such as high unemployment rates, sluggish growth, and structural issues within individual member states. These factors weigh on the overall confidence in the Euro, discouraging investors and contributing to a bearish sentiment. Secondly, political uncertainties within the Eurozone have further weakened the EUR. Disagreements and divisions among member states, particularly regarding fiscal policies and the future direction of the European Union, have created uncertainty and hindered the Euro's strength. Issues such as Brexit and the ongoing concerns surrounding Italy's debt situation have also added to the bearish sentiment. Additionally, the divergence in monetary policies between the European Central Bank (ECB) and other major central banks, such as the US Federal Reserve, has also had an impact. The ECB has maintained an accommodative monetary policy stance, with low interest rates and quantitative easing measures, while other central banks have started tightening their policies. This divergence creates a less favorable environment for the Euro, making it less attractive for investors seeking higher yields. Furthermore, global factors such as trade tensions and geopolitical risks also contribute to the Euro's bearishness. Uncertainty surrounding international trade relations, particularly between major economies like the United States and China, can lead to market volatility and risk aversion, which typically favors safe-haven currencies over the Euro. It is important to note that market dynamics can change quickly, and the Euro's performance is subject to various influences. However, as of now, the prevailing factors mentioned above suggest that the Euro remains in a bearish state. Investors and traders should carefully consider these factors and closely monitor the economic and political developments within the Eurozone to make informed decisions regarding the Euro.
by mazayafx