Expate

Expate Updated 

Time to ride the yen wave! With the Japanese rate decision behind us and a noticeable divergence in market sentiment, now's the opportune moment to capitalize on potential USD weakness against the yen. The BOJ's unexpected move presents a prime window for a sell position in USD/JPY. Let's seize the chance to surf the momentum and ride the waves of...

Expate Updated 

The XAU/USD pair is poised for a potential downward trend. Several factors, including a strengthening US dollar, risk-on sentiment, and technical signals, contribute to this outlook. Factors Driving Downward Pressure: 1. Strengthening US Dollar: Positive economic data and expectations of tighter monetary policy bolster the US dollar, reducing demand for gold...

Expate Updated 

Europe is full with gas, and the winter is soft, and blah blah blah. Let's see through technical glasses, 0.886 level is strong level, I expect that gas will reach it, mot probably even brake it, and afterwards we seek for golden pocket and 0.5 fib. Support and resistance, baby!

Expate Updated 

When WTI (West Texas Intermediate) crude oil reaches the 78.6% Fibonacci retracement level, a common behavior is to experience a reversal or consolidation. This may indicate a shift in trend to bullish or a period of consolidation before further movement. The current Fibonacci level aligns with a significant historical support area with ±77$ price range, it may...

Expate Updated 

WTI is currently stuck between two important price levels—the 0.5 retracement at $67.292 and the 0.618 at $81.19. With WTI priced at $72.146, it's about $4.854 away from the 0.5 level and $8.854 away from the begining of the golden pocket. Technically, WTI has breached a local support area at 72.80$, indicating a downward trajectory towards the lower section of a...

Expate Updated 

If you placed an order around the 50.0% Fibonacci level on the Gold chart, you've got a reason to be pleased! Gold's recent price movement has broken through this key level, signaling some interesting possibilities for traders. Why is this significant? The 50.0% Fibonacci level is often seen as a critical point of decision in trading. It's like a crossroads...

Expate Updated 

Well, I am going to buy oil because ... ... this is quite good entry. Short term target - 86$, long term target 92$ Don't forget about stoplosses, risk&reward etc. bs.

Expate

The M pattern is a bearish reversal pattern, suggesting that the price of gold may be poised to decrease. It is called the M pattern because, when plotted on a price chart, it resembles the letter "M." Here's a description of how the M pattern typically forms: Initial Uptrend: The M pattern usually begins with a strong uptrend in the price of gold. During this...

Expate Updated 

The analysis of the USD/JPY currency pair suggests a potential price movement based on Fibonacci retracement levels. According to the analysis, the pair may be approaching the 88.6% Fibonacci retracement level. This level often serves as a significant area of support or resistance in financial markets. Furthermore, the analysis anticipates that after reaching the...

Expate Updated 

Gold's growth potential remains strong, driven by its time-tested role as a hedge against inflation, geopolitical turmoil, economic uncertainty, and low interest rates. Its recent entry into the "golden pocket" level adds technical weight to the potential for a reversal and further price appreciation. Investors continue to recognize its value as a diversification...

Expate

Presently, the market is undergoing a corrective phase, characterized by a discernible adjustment in asset prices. The AUD often acts as a risk-sensitive currency, with its value correlating to global risk sentiment. During times of heightened uncertainty, traders may flock to the safety of the Canadian Dollar (CAD), impacting the AUD/CAD pair. In light of this,...

Expate Updated 

The EURJPY price has recently reached a high point, which might suggest that it could start going down and reach a specific level known as the "golden pocket."

Expate

Looking at the technical aspects, the current oil price is expected to go up because it has reached a point where it historically tends to change direction, known as double bottom. This pattern resembles two low points situated closely together on a graph. As a result, there's a good chance that the oil price (WTI) might go up until it hits the next Fibonacci...

Expate Updated 

In the current market scenario, gold finds itself within what is commonly referred to as the "golden pocket," a term often associated with Fibonacci retracement levels. At this juncture, the price of gold has reached the 61.8% retracement level, known as the golden pocket, which signifies a potential point of interest for traders and analysts alike. From the...

Expate

Currently we are in golden pocket if we see Daily chart. Golden pocket is known as a reversal movement, I was expecting downward movement, but currently, last candle on daily chart is bullish pin, meaning, Oil price is going to rise significantly. Do you own research, I'm bullish in long term.

Expate

Crude oil has reached new highs recently, and overall bullish trend is hanging on the edge of correction. Golden pocket shall be targeted. I see a short possibility as per recent week movement, do your own research before accepting my idea.

Expate Updated 

Hi, The markets structure is wordless, I see here a double top on the current chart, therefore, selling from 1996.73 Be cautious! It may climb up, SL 2016.73, TP 1880.73 Good luck to you all!

Expate Updated 

Dear traders, Yesterday we made a new high, therefore, we are now expecting correction movements. Trading is about probability, so after doing some research, I shorted based on possibilities for the nearest period, and afterward, we could see some good long-breaking previous highs. Please don't forget, that tomorrow FED is going to teach us a lesson, taking into...