Hello. trader what do you think about Gold Gold reached a high of 2265, pulled back to retest 2230, and then broke out to a new higher high at 2265, I think that it may continue its bullish trend. Gold is breakout high 2265 so I think Gold. pullback to create new higher highs at 2290 and 2300 indicates a bullish outlook for Gold's price movement. Keep in mind...
Hi' trader what do you think USOIL USOIL now is resistance zone 84.80 I think USOIL go to retest level 80.90 USOIL now is the high price 84.80 and 85.00 i think USOIL movement retracement support 81.300 and 80.90 please guys like comment and follow thank you for support
hi, trader what do you think about Silver Silver now is ready to new higher high silver is break down 2 time 24.374 and pullback to 25.000 Now market pullback to 24.700. or 24.500 then market jump to 25.800. and 26.000
Technical Analysis: Incorporate key trading indicators such as the double line resistance breakout, pullback support, and demand zone analysis to assess price movements in the US Oil market. Identify channels and trendlines to spot potential breakout or breakdown points, confirming with volume and momentum indicators like relative strength index (RSI) and moving...
Gold is moving above $2,200...in this case, it will head towards $2,300 Gold prices did not witness noticeable movements during these moments of trading today, Thursday, after they ended yesterday’s trading at record levels, with investors looking forward to more US economic data to obtain evidence of the course of monetary policy. Ilya Spivak, head of global...
The USD/JPY pair rises to its highest levels since 1990 The Japanese yen continued its losses during trading on Wednesday, with the USD/JPY pair falling to its lowest levels since July 1990, that is, in nearly 34 years, with the continued strong upward momentum of the American currency and the failure of the recent shifts in monetary policy at the Bank of Japan...
GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP...
I hope this analyse finds you well. I wanted to bring your attention to the latest developments in the gold market. Despite facing headwinds from a strengthening US dollar, gold prices are poised for their fourth weekly rise in five weeks. This resilience can be attributed in part to the supportive stance of the US Federal Reserve, which has maintained its...
The dollar is trying to recover in today's trading from the US Federal Reserve's strike The US dollar achieved a modest rise during trading on Thursday, as the green currency attempted to recover from the losses incurred last session as a result of negative federal developments. In this regard, the dollar incurred strong daily losses at the end of yesterday’s...
Gold prices recently surged to a high of 2194 but failed to sustain above this level, subsequently retracing to 2150. Currently, the market stands at 2146, suggesting potential for a pullback in the near term. Technical Analysis: 1) Resistance Levels: The recent high of 2194 marks a significant resistance level, indicating the strength of sellers in the market...
Price & Pattern: EUR/USD at 1.08397. 4H chart shows double top rejection, followed by resistance breakout—bearish indication. Technical Implications: Pattern suggests potential bearish reversal, favoring sellers. Demand Zone: Approaching demand zone, but bearish bias persists. FOMC Impact: Pending FOMC news could strengthen USD (DXY index)—further downside...
GBPUSD pair within a parallel channel. With GBPUSD currently at 1.2722, anticipate a pullback to either 1.27380 or 1.27440, which are resistance zones. If the market fails to break through these zones, expect a downturn towards the demand zone at 1.26560. I suggest setting a stop loss at 1.27700 to manage risk. Remember to monitor the market closely for any...
USD/JPY pair, we might notice a potential resistance level forming around 149.185. A break above this level could indicate bullish momentum, with the next significant resistance possibly around 149.500. However, if the market fails to break above 149.185, we might see a reversion to the downside, possibly targeting support levels such as 148.127. If you like...
- EUR/USD is currently at a resistance zone. - i anticipate a market downturn towards my demand zone. - - Resistance levels are at 1.08939 and 1.09082. - - my demand zone level from 1.08628 to 1.08503. - i've set a stop loss at 1.09238. My strategy seems to involve selling or shorting EUR/USD as it approaches the resistance zone, with the expectation of a...
hello trader" what do you think about bitcoin --- "Bitcoin Analysis Update: Bitcoin has entered a demand zone, with the current price at $67,680. The market is currently testing the $65,174 level. Keep an eye on resistance at $68,432, which presents a good selling opportunity. Consider setting a stop loss at $70,500."