Currently priced at $2031, XAUUSD faces resistance levels that may prompt a decline towards $2020, driven partly by anticipations surrounding the US Federal Reserve's Minutes. This analysis is supported by the Stochastic RSI indicator, suggesting potential overbought conditions and signaling a possible downturn in price. The Stochastic RSI, a reliable momentum...
EURGBP is hovering around the price of 0.85668. A meticulous analysis, particularly focusing on the Stochastic RSI indicator, signals overbought conditions at this level, suggesting a probable downturn towards the support level at 0.84998. The Stochastic RSI indicator, renowned for identifying potential trend reversals, is exhibiting signs of exhaustion in the...
As of the current observation, USOIL is trading at $77.12. A comprehensive analysis, particularly focusing on the Relative Strength Index (RSI) Stochastic indicator on the 4-hour chart, suggests substantial upward pressure, indicating a potential ascent towards the resistance level at $78.20. The RSI Stochastic oscillator, a widely regarded momentum indicator,...
In a deeper analysis, it's necessary to consider factors influencing the movement of gold prices (XAU/USD), both technical and fundamental. The indication that XAU/USD is facing a downward trend suggests that demand for gold may be diminishing or selling pressure is increasing. This could be due to various factors, including a strengthening US dollar or...
You can try: Open: 161.9 TP : 161 SL: 162.3 As long as 162 is a strong resistance, look for 161.
Sell @ 52009 TP1 @ 51764.17 Buy @ 51765 TP2 @ 52402 Sell @ 52401 TP 3 @ 51216 Goodluck.
Buy @ 1.08118 TP @ 1.08118 SL @ 1.0800 it's a good for a little profit there. Goodluck.
Buy @ 2018.9 TP : 2031 SL: 2015, Goodluck Fella$ Above 2019 look further upside 2031 and 2032 as targets.
Now is the time to make trading enjoyable. Currently, the price of USOIL is 78.16. The downtrend appears strong; however, it is still expected to touch 79.26 before the bearish trend becomes highly dominant, eventually reaching the support level at 75.5. Here's a detailed and robust analysis: USOIL is currently trading at 78.16, and there's a notable downward...
With an understanding that the price is within the resistance zone around 23.5, there is a likelihood of a correction occurring before the price moves higher. After reaching the highest resistance level at 23.70, there is potential for short-selling, with a swing zone between 22.5 and 23.1. Following that, the price may reach support at a strong level around...
Buy at 0.87860 TP: 0.88784 SL: 0.87461 Make the most of this opportunity. Best of luck.
For USD-JPY, there is a likelihood of a swing reaching around 149.5 before the price rebounds to reach the point of 151.7. Make the most of this opportunity. Best of luck.
For two months, the resistance point has been at 2088, while the support is at 1976. Reviewing the existing trend, it is highly likely that the price will return to the support point, which is 1976. Best of luck.
On February 2, 2024, the XAU/USD reached a figure of 2055. Reviewing the existing support and resistance levels, along with the continuously rising price sentiment, it is anticipated that the value will revisit 2055 in the coming days.
After the price has been consistently dropping for the past few days, it appears there's resistance at the 2016 point. Consequently, considering market sentiment, there's a high likelihood that gold prices will rise again as the market reaches the 2077 point. Here's to good fortune.
On August 9th, the price of crude oil reached a resistance level around $84.71. This is a point where many traders might perceive the price as being sufficiently high and anticipate a potential price decrease or correction. If the price approaches or revisits this level in the coming sessions, it's highly likely that selling pressure would emerge around that level.
TP 1: 75.4 TP 2: 74.2 TP 3: 73.2 SL : 77.7 good luck fellas!
TP : 1.1432 EUR-USD is still experiencing an increase, at least a bullish trend, based on the past few days. The most reasonable target is 1.1432. I believe this is plausible.