TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, The three-month low is recorded at 0.577335, coinciding with a newly established monthly low of 0.608825. Considering the anticipated weakening of the USD in the coming future, there is potential for an upward trend. An initial sign of this would be the ability of the price to remain above the 1D PP. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, The 1-day, 1-week, and 1-month lows were reached at 0.656535, with the 3-month low resting at 0.62702. Moving forward, we anticipate an upward trend, which will be confirmed once the price surpasses the 1-year, 1-month, and 1-week pivot points (PP). It is crucial at this juncture for the price to remain above the daily pivot point. It's noteworthy...

TradeWithTheTrend3344

Hello Everyone, The USDCHF has recently achieved its highest level in the past day, week, and month, reaching 0.87047. Anticipating a shift in the trend, there is a potential for a retest of the monthly and weekly pivot points, as well as the support structure. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, GBP/USD has recently reached its lowest point in the past day, week, and month, recording a value of 1.25966. The six-month low stands at 1.20374, and the one-year low at 1.180275. Currently, there is anticipation of a bullish market shift. To confirm a bullish trend, we are actively monitoring for a sustained position beyond the one-month and...

TradeWithTheTrend3344

Hello Everyone, The current price has reached its daily, weekly, and monthly peak at 148.806. Meanwhile, the highs for the 3-month, 6-month, and 1-year periods stand at 151.91. If we observe a price point demonstrating confidence above 148.80, it could signal further upward momentum towards 151.91 and 154.607. Failure to sustain above 148.80 may indicate an...

TradeWithTheTrend3344

Hello Everyone, We are currently approaching the day's peak at 1.08994. A sustained position above this daily high would confirm an immediate upward trend. Presently, market sentiment suggests a preference for a short position. However, as long as the price remains above the daily pivot point (PP), we anticipate upward movement towards 1.126975. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Gold (XAUUSD) has shown resilience, with the weekly low standing at 2001.885 and the daily low at 2020.445. As long as the price remains above the daily Pivot Point (PP), a signal for continued bullish momentum is in place. The current trend strongly favors buying opportunities, and there is a notable probability of a retest of the monthly PP. If...

TradeWithTheTrend3344 Updated 

Hello Everyone, As of the latest data, the EUR/USD pair has recorded a daily low of 1.093595, a weekly low of 1.091015, and a monthly low of 1.08735. There is an anticipation of a decline towards the strong weekly support level, suggesting a potential shift in trend at this significant support line. In the short term, there is a suggestion to consider a buying...

TradeWithTheTrend3344 Updated 

Hello Everyone, The USD/JPY pair has recently rebounded from a 6-month low at 137.688 and a 3-month low at 140.254, indicating a gradual shift towards a bullish trend. Although the current status shows overbought conditions, a short-term dip should not be ruled out. Presently, the pair is trading above the weekly pivot point at 143.826, suggesting a potential...

TradeWithTheTrend3344 Updated 

Hello Everyone, The GBP/USD is currently trading above the annual Pivot Point at 1.255977, indicating a potential correction to lower levels. Pivot Points serve as reliable indicators for predicting the next price movement and deserve careful consideration. The three-month high stands at 1.282775. Although GBP/USD is currently favoring a bullish stance, there is...

TradeWithTheTrend3344 Updated 

Hello Everyone, The USD/CHF pair is currently in proximity to the monthly Pivot Point (PP), and the upcoming price movement will hinge on how the market reacts around this critical juncture, determining whether it acts as a support or resistance level. Should the 1M PP at 0.852427 fail to hold, a potential decline towards 0.82848 may unfold. The current market...

TradeWithTheTrend3344 Updated 

Hello Everyone, The NZD/USD pair is currently in close proximity to its yearly pivot point. Our focus at this juncture revolves around anticipating either a retest of the 1-year pivot point before a downward trajectory commences, or a direct descent. It's essential to note that the long-term trend indicates a bearish outlook. If you have a moment, I'd really...

TradeWithTheTrend3344 Updated 

Hello Everyone, The current USD/CAD exchange rate stands at its 1-day high of 1.34119, closely approaching the 1-week high of 1.34431. While short-term prospects suggest a potential for further buying, indications point towards a forthcoming decline in the long term. The currency pair is on the verge of encountering robust resistance levels at 1.345109 and...

TradeWithTheTrend3344 Updated 

Hello Everyone, The AUD/USD recently tested its daily (0.66781), weekly (0.66472), and monthly (0.66406) lows, with a potential retest of the monthly support at 0.662164 before any significant upward movement. It is advisable to exercise patience and observe how the price evolves before considering a long position. The inclusion of yearly and monthly pivot points...

TradeWithTheTrend3344 Updated 

Hello Everyone, The NAS100 has recently achieved a yearly high at 1699.36, indicating potential for further bullish growth. It is crucial to monitor its interaction with the 1-day Pivot Point (PP), as this level could either act as a supportive base or resistance. In the long term, a sustained and confident position above 16820.097 is what we seek to confirm...

TradeWithTheTrend3344

Hello Everyone, The SPX500 is currently hovering dangerously close to its one-year high at 4805.72, with the recent one-month low recorded at 4667.71. Presently, the market appears to be overbought, signaling a potential for a short-term bearish movement or sideways action. Despite this, a thorough analysis across various time intervals reveals a consistently...

TradeWithTheTrend3344

Hello Everyone, The current ETH/USD situation places it in proximity to a significant monthly resistance level at 2502.313 and close to the weekly Pivot Point at 2487.897. There is a strong possibility of a retest of the monthly Pivot Point at 2258.437. A decisive establishment below 2487.897 could signal a higher likelihood of testing the 1M Pivot Point at...

TradeWithTheTrend3344

Hello Everyone, The lowest point for BTC/USD in the past month was recorded at 40508.01, and there are indications of a potential retest before a sustained upward movement, with the possibility of extending to 38228.098 until it reaches a solid monthly support level. The overall trend is bullish on higher timeframes as anticipated, while on lower timeframes, it...