Warm greetings to all splendid friends, let's explore today's gold prices together! Currently, gold is hovering around $2031, marking a slight decrease of nearly $4 from the last closing on Friday. It's evident that after a significant uptick, gold is undergoing a correction, moving towards approximately $2030—a new support level established after breaking...
Enhanced EURUSD Trading Strategy: This past week, the EURUSD pair enjoyed robust support, showcasing significant volatility as the week drew to a close. Currently positioned at 1.081, the pair experienced a slight retreat after failing to sustain its ascent near the 1.0888 mark, thereby establishing a new peak within the higher price zone. Looking ahead, I...
Hello, I'm delighted to discuss the XAUUSD market with you today! As of the close of yesterday, the gold market experienced a notable uptick, soaring from $2016 to $2041—a $25 increase in just a few hours. The current price stands at $2035, and technical analysis suggests that despite recent support for a price increase, the long-term trend seems to be on a...
Trading Strategy for XAUUSD: Today, gold prices continue to receive bullish support, briefly recovering to near $2035 as they reach the boundary of a parallel channel. The upward trend is expected to aim for higher levels around the psychological area of $2050 before a subsequent correction occurs after the metal touches the upper limit of the parallel price...
Hello EURUSD traders! Yesterday, EURUSD experienced a significant price surge, powerfully bouncing and nearly touching the 1.090 mark. However, it encountered a strong resistance level at this threshold (indicated by a circle on the chart) followed by a slight adjustment. Although it hasn't broken through the resistance with notable strength, the current uptrend...
BTCUSDT has just completed a double top pattern on the 1-hour chart. The price is currently at the support level of 51,100 USD, and the technical outlook leans towards the bears, with the 34 EMA indicating a reversal. The resistance level at 51,440 is forming a convergence zone with the EMA, and I am leaning towards a sell position for today's BTCUSDT trading. Do...
Hello everyone, today the USDJPY has been trading around the 150.500 mark during the early trading hours of the weekend. This pair found support at 150.42 and retested the 34 EMA line. Trend Forecast: USDJPY is expected to continue its upward momentum and is forming a double top pattern as indicated on the chart. We will consider a sell strategy if USDJPY reaches...
USDJPY has continued its upward trend over the past few days, with prices fluctuating around the 150.23 mark and steadily advancing towards the 152 resistance level. The US Dollar (USD) remains in a concerted effort to attract significant buying interest, contributing further to a daily decline of about 25 pips from the vicinity of the 150.00 level for the...
EURUSD continues to be supported on Thursday with a price that is fluctuating around 1,082. The short -term price continues to be supported when the transaction keeps the increase on two EMA lines and recorded a significant recovery level after the money briefcase exceeded the resistance of 1,078. It is expected that the price continues to be restored and...
Hello everyone, let's dive into today's gold prices! On the last trading day of the week, gold prices remained stable between $2022 and $2025. Investors are awaiting new economic data from the U.S. to gauge future interest rate directions set by the Federal Reserve (Fed). Currently, gold is experiencing a short-term deadlock, caught between interest rate...
Today's XAUUSD Trading Strategy! Hello everyone, what do you think about gold's direction today – up or down? Currently, our chart analysis shows that gold is in a somewhat unclear trend direction. However, the potential for an upward move is highly regarded at this moment. We should focus on two key buying levels for gold, which are the support levels at $2023...
Global gold prices remain stable, trading at $2028 per ounce and marking a 0.12% recovery for the day, despite the trend and movement showing little change with the EMA 34 and 89 converging with resistance. Gold faces pressure from the minutes of the Federal Reserve's (Fed) first policy meeting, yet the precious metal continues to consolidate above $2000 per...
Today, the GBPUSD pair maintains stability above the 1.2600 level, moving within a price wedge, indicating a potential upcoming breakout from its current trend. Both the short and medium-term outlooks remain favorable for GBPUSD buyers, as evidenced by the current behavior of the two EMAs. The pair is expected to rise after reaching the boundary of the trendline.
Gold price today is moving around $ 2028 and is supported in the context of a British cargo ship attacked in Yemen. Since then, financial investors are concerned about escalating geopolitical tensions, motivating them to bring capital into gold to preserve capital. On the other hand, the market expects the gold trading will be exciting when China's leading...
Hello, dear friends, today Eurusd has multiplied a number of motivation to increase prices significantly. The price is currently in the range of 1,081 and is supported when this pair of money exceeds the resistance level of 1,078 and turns this into a new support level to help EURUSD continue to move forward. I am expecting the goal for us to continue buying...
Today, the USD/JPY is trading around the 149.90 level, approaching a nearby support level with a predominant sideways movement, tilting the short-term outlook in favor of bearish momentum. In the hourly timeframe, USD/JPY is exhibiting a Symmetrical Triangle pattern and has made a downward breakout. Should the current support be breached by a Double Top pattern,...
Bitcoin is currently trading over 52,000 USD after an increase of nearly 100% in the past six months thanks to the excitement around the launch of Bitcoin exchange funds (ETF) delivered in the United States, along with the needs where funds This brings cryptocurrencies.
Hello traders, gold prices today continue to recover 5 USD and move around $ 2022 as the day yesterday. The upward trend is being formed and the immediate resistance level we see will be 2027. It will be a rather sensitive level because the gold has decreased sharply from the last time it reaches that level. Therefore, if gold successfully overcame this level of...