Gold prices are moving sideways but showing signs of a bullish trend, especially over longer time frames. This means that while the price isn't shooting up dramatically, it's generally heading in an upward direction. The big question for traders is: who's driving this trend - the big players or the everyday investors? Analysis: 1. What's Happening Now: Gold...
In analyzing the GBPUSD currency pair, it's crucial to understand whether the current price reflects retail or wholesale dynamics. At its current rate of 1.2666, with a high of 1.42505 and wholesale prices at 1.21078 and 1.08566 respectively, let's dive into the retail versus wholesale perspective: Retail Perspective: - Retail prices typically refer to the rates...
Hey Traders, In the world of trading, there are different ways to approach the market. Some traders stick to one way of looking at things, while others like to check out a bunch of different stuff. Successful traders come in all sorts, from quiet types to more outgoing ones. Let's check out two examples before we talk about our own styles. The Organized...
FX:EURUSD , my bullish stance holds, above the support at 1.08432 with an encounter at resistance point 1.09705.
In the realm of NASDAQ:QQQ , my bullish outlook remains, above the key support level at $403. A celebration is in order as we set our sights on resistance, celebrating the market's recent making of a higher high!!! Maintaining bullish sentiment, the strategy tells me staying above the support level. Cheers to the market making higher highs!
As we peek in at FX:USDJPY , a bullish incline is showing, pointing towards the creation of higher highs, particularly when staying above the support at 144.870. My strategy revolves around maintaining a bullish stance above this pivotal level, refraining from any trade if the market ventures below. In the upcoming week, the bullish outlook shows. Should a...
Staying firmly bullish on gold ( AMEX:GLD , OANDA:XAUUSD , COMEX:GC1! ), my focus is on patiently awaiting the continuation of the current upward trend. Checking out the recent market maneuvers, a bullish stance is maintained especially when holding ground above the critical support at $2000. Considering the recent market vibes, there's an expectation that...
Checking out BINANCE:BTCUSDT , we're seeing some interesting moves. Resistance seems firm around 43610, while support is holding steady at 40175. What's catching my eye on the daily chart is the EMA crossover – always a key signal. This crossover suggests we might be in for a bit of a dip or a consolidation phase in the week ahead. Now, me, I'm not one to jump...
QQQ Analysis - Tomorrow's Outlook Tomorrow's sky for QQQ appears a bit bullish in the forecast. The current trend is riding high, supported at around 401. For potential entry, set your sights on the 406.75 range. While gaps are uncertain, the overall trajectory suggests a positive vibe. Keep your stop losses tight, but in the words of market wisdom, let your...
Bitcoin is currently valued at $46,122, finding support at $44,701. If you're considering entry, a potential zone is between $47,317 and $47,917. Patience is key, awaiting higher highs as Bitcoin is in a bullish trend. Did You Know? Q: Did you know how Bitcoin transactions are verified? A: Bitcoin transactions are verified through a process called mining, where...
On January 3, OANDA:XAUUSD signaled a potential downtrend. The price is below the balance point at 2041, suggesting a likely decline. The strategy here involves entering at 2016.80 with a safety net (stop loss) at 2028, anticipating the price to drop even further. To gauge this, we use tools like the Awesome Oscillator and Accelerator Decelerator. Right now,...
NYSE:CAT has caught attention during a random TradingView screening, displaying indications of a trend reversal after initiating an upward movement on December 4. The critical support level stands at $283.29. Should the stock successfully breach the resistance at $299.20, there's a prospect for a sustained bullish trend. A noteworthy factor is the upcoming...
Bitcoin ( CRYPTOCAP:BTC ) is on a bullish trend, finding reliable support at $42,441 on the daily charts. If you're considering getting in on the action, an entry point around $45,911 seems promising. It's crucial to play it safe, setting a stop loss at $44,951 once you're in. This strategy aligns with the alligator method, trailing the market's movements. As the...
Right now, gold is like a positive rollercoaster, with a solid base at $2024. If you're thinking about jumping on, consider doing so around $2088, following a method named after alligator teeth by Bill Williams. Remember the golden rule: don't hang on to losses for too long, but let your wins ride the wave!
TVC:DXY is currently on a bearish trend, encountering resistance at 103.115. Consider entering cautiously at $100.609, keeping an eye on targets at $99.570 (TP1) and $97.672 (TP2). In the midst of the downturn, it's crucial to approach the market with vigilance. Set a tight entry point and remember, it's okay to cut losses short while allowing potential winners...
Gold ( OANDA:XAUUSD ) is showcasing a bullish trend, finding support at $2041. Consider entering the market at $2088, with an eye on the all-time high at $2148. With its centuries-old reputation as a safe haven, gold is in the spotlight. Remember to set a tight stop when you start and, in the spirit of letting winners shine, allow your successful positions to run...
Bitcoin ( CRYPTOCAP:BTC ) seems to be on the rise, suggesting it's a good time to jump in at $45934 based on daily trends. Use a trailing stop to play it safe. If things go well, consider hitting the brakes at $48274 (Target 1) and $52122 (Target 2). Remember, it's like a game – keep your losses small, let the wins grow, and you might just strike gold!
Zooming in on USDJPY: Bearish signals below the resistance line at 146.625. Targets set at 140.254 (TP1) and 137.239 (TP2). Friendly advice: Tighten that stop when you make a move. Navigating the USDJPY market with caution! #USDJPYAnalysis #BearishTrends