EURCAD has been maintaining its bullish outlook after a major breakout of the 1.52023 in the first quarter of the year. We have about 1% drop in value so far from the high price of 1.59210 considering the euro strength so far, we’re likely to see another round of impulse move to the upside as there’s no sign of weakness at the moment. I believe price is likely to...
Price currently trade at a low level of 142.640 I anticipate a further decline in price to a possible pullback support level of 136.927 a sell opportunity is envisaged from the current market price.
USOIL price currently trades at $60.49 per barrel . I anticipate a rise in oil price upto $61, and $62 per barrel today. A buy opportunity is envisaged from the current market price. In overall, we might also see price extend to $69 this month.
Price is set to make another bullish move upto $3330 per ounce. This comes after we have an impulsive bullish movement which confirms the readiness of buyers to take price higher from the current price. A buy opportunity is envisaged from the current market price
GBPUSD has been performing well so far this week. Today we anticipate uk inflation rate report. A positive outcome can further boost the confidence of buyers to push price higher.
Price found support at 0.78362 and rebounded. A buy opportunity is envisaged from from the current market price. Expected profit level is 0.81933 and 0.83351
Price successfully broke Above the previous resistance price of 1.11200 a pullback to the broken resistance which will now turn support will further increase the buy probability
Gold traded and made over 8.8% increase in the last three trading days. Breaking a previous record high of $3150. Price traded and closed at $3237. Per ounce. In this coming week, I expect price to trade higher. We’re likely to see price at $3500-$4000 in near term.
Price might likely trade back to $68 or $69 level after we had price plummet . A buy opportunity is envisaged this coming week. We anticipate price to trade bullish all the way to $68 or $69
Gold made over 2.58% increase today after a massive drop in price from ATH price of $3150. What next do we expect from the Market Ahead of this two major fundamental report ? Technical , I believe that gold will fall back to a recent H4 support level of $3006 considering a fast decline in prices in H4 timeframe. A sell opportunity is envisaged
NZDJPY Has been on a free all after the breakout of the pennant triangle. Price is yet to find support so far. Price currently trade around the price level of 80.948 were likely to see a slight pullback around the current price. Atleast a 1% increase from the current price.
BTC is expected to drop to a pullback support of 57791.32 before another set of bullrun begins . Watch out as price reacts because bears are currently dominating for a while now.
Price just provided a buy opportunity around the current price of 1.41998 as we previously published, the right Time to buy is now. Our target profit is 1.43928
Price Is currently reacting around a counter trendline in H4 timeframe. A break above the trendline insight a bullish signal . Buy upon the break of the trendline Target is 1.43937
Price dropped lower which further showed weakness In NZD against JPY .Coming week, I anticipate a retracement to 84.992 for a further sell. The OVERLALL market flow remains bearish coupled with the 200EMA showing bearish sentiment. A sell opportunity is envisaged once price retraces to 84.992
The USOIL has dropped about 13% in price this month and currently close at $62.27 per barrel. If we take into consideration, the nature of price movement since April 2020, we can see that prices has been on a steady upward trajectory since April 2020. By the way , we’ve seen a 50% retracement so far. From technical standpoint, i anticipate a rise in price back to...
Take a look at the bigger picture of US100 from the monthly timeframe. We can understand the nature of price action that has occurred. We can see how price broke out of the rising channel leading to over 68% decline of the total gains made in the year 2024. This further awake traders mindset to whether there’s gonna be a further drop maybe upto a pullback...
DXY has been moving in a local channel indicating a short term bearish trend. What next do we expect especially as we saw a BETTER THAN EXPECTED NFP OUTCOME From the technical standpoint, I anticipate a bullish sentiment to continue to grow till 106.591. If we’d get a break above the upper resistance of the descending channel, a buy opportunity is envisaged.