Gold is trying to break above the 1879 level again. But a closer look reveals the possibility of a bearish pattern, called "Flag", which looks like a continuation of the move after the correction. The gold stops the fall in the liquidity zone between 1879 and 1869, but there are many questions: no strong pullback up, the price forms an ascending range, which...
DOGE is showing confidence in relation to the whole market and in relation to bitcoin. Large investors are clearly interested in the price in light of recent events (one of which is Musk's purchase of Twitter) (Chart 1. Two-Day Timeframe. Breaking resistance and moving price into the long zone) On the two daily chart we see a break of the resistance which has...
Last week, the price of gold posted its best weekly gain since March 2020 on hopes for a slowdown in the pace of rate hikes after data showed easing price pressures in the U.S. Today, however, the price moves into a correction phase after two sessions of gains amid a rising dollar after Federal Reserve Chairman Christopher Waller warned markets that the central...
The FED policy statement will be released at 18:00 GMT Gold gained ground on Wednesday on the back of a weaker dollar. Key trading instruments are in a narrow range in the waiting phase, as investors do not want to make big bets before the U.S. Federal Reserve's rate decision. Traders will be watching the Fed's comments on future policy amid growing optimism...
WAVESUSDT continues to fall for a long time. The price has minimized its volatility to its October 2020 range. Globally, the price shows no attempt to grow or change its trend to an uptrend. The volatility decline and the sideways trend from May 2022 until today continues and the price continues to fall On the 4h chart, we see the formation of a bullish...
XAU Futures prices were down -1.24% by the end of the weekly session despite the weakening of the US. But the Fed's November press release could trigger a strengthening of quotations. The Federal Reserve is projected to raise interest rates by 75 basis points at its meeting, but at the same time but may take a less aggressive stance going forward, which would be...
Gold prices are in a decline phase as the U.S. dollar index rises. Investors are waiting for economic data on GDP in the nearest future. Also under great scrutiny is the upcoming Federal Reserve press release. Investors are expecting the Federal Reserve to slow down the pace of rate hikes. On the main chart we see the formation of a pullback within the local...
Calculated by ICE index, which shows the dynamics of the U.S. dollar against major currencies is declining by about 0.1%. Over the past two sessions, the indicator has fallen by 2% and dropped to its lowest in a month The main reason for the dollar's decline this week was expectations that the U.S. Federal Reserve might slow its key rate hike as inflation wanes...
GBPJPY is in a global uptrend phase, due to the weakening of the yen and a difficult economic situation on the back of rising inflation, settlement efforts and other factors On the global chart, we see a gradual growth and a smooth transition to the sideways range between resistance 168,500 - 158,500, the price around resistance is forming a consolidation, for...
The dollar strengthened broadly on Friday, affecting the EURJPY as well. The euro/jpy currency pair is renewing local highs and is aiming for the 149,000 zone. New threats of intervention from the Central Bank of Japan forced investors to be on high alert. On the global chart we see a global distributive movement after the exit from the 136.9 - 113.3...
GBPUSD weakened on Tuesday, but looks fairly confident, there are a number of reasons for that. Investors began to wonder about the future prospects of UK interest rates after the announcement of a new decision by Britain's finance minister to cancel most of the government's "mini-budget". Sentiment was also bolstered by the news that the new British...
DOTUSDT has been in a global downtrend for a long time, from the November 2021 high the price fell to 6.10, after which the price moves into a consolidation phase and begins to show signs of a possible further rise On the global chart we see the price is trading below the 6.80 level which was formed in August 2020 and which is important for further upside. As we...
The U.S. dollar continued to strengthen on Monday after a strong rebound on Friday on U.S. labor market data Statistics released Friday showed that the U.S. labor market is still strong despite a significant tightening of monetary policy by the Federal Reserve From a technical analysis perspective, I assume that locally we will see gains in the near term. On...
DOGE formed an upward momentum of 12% of the price on Tuesday and, as we can see on the chart, is breaking through strong resistance. What happened? According to SEC documents, Elon Musk sent a letter to Twitter on Monday wanting to proceed with a deal to buy the company. The company intends to close the deal at $54.20 per share. Faced with this turnaround,...
The price is in sideways movement. After testing the support at 1.3586, the price is heading towards the resistance. I expect the price to fall after testing the resistance. My goal is to support 1.3586 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
The price after a false breakdown of resistance 0.6535 falls to support 0.6426. The limit level does not allow the price to break through, but the seller begins to push the price towards support. I'm waiting for a breakout and a price drop. My goal is 0.6285 support Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
The price is trading in a range. Against the backdrop of the news, a false breakdown of resistance was made and the price returned back below the level, into the short zone. I am waiting for the price to drop to the nearest support level. My goal is level 1.2728 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
The price is directed to the resistance zone. The global trend is down, so I expect the price to fall after testing the resistance zone. My goal is to support 0.7113 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻