BTC looks interesting over the next time frames and it can show more increase. That's why we're keeping an eye on Bitcoin at this moment. $68540 is a key confirmation zone. this level has already a confirmed, there's a high chance it could reach $75K - in the long term, and hype times can make the coin to the target faster. Remember, there are no guarantees in...
Hey Everyone, Another great day on the market today completing our 4H chart idea bullish target. This chart was shared on Sunday with 2361, as an open target. This target was completed today with a perfect hit. We now need to see ema5 lock above 2361 to open the next target. Our 1h chart has a gap open to 2365, which was just short by a few pips. We will keep...
hold asian paint for 3 to 6 months target 3600 it is near its support zone
World gold price (XAU/USD) yesterday increased more than 25 USD to a high of 2,358 USD. Although expectations about the Fed cutting interest rates recently have many negative changes, gold has a lot of momentum and one of the measurements is that the world geopolitical situation is becoming more complicated with military conflicts. There is increasing tension...
Some of Mt Gox Funds (MT Gox funds refer to the assets held by the bankrupt Bitcoin exchange Mt. Gox. Once the largest Bitcoin exchange in the world, Mt. Gox declared bankruptcy in 2014 after allegedly losing millions of Bitcoins to a hack. The remaining funds are now being managed to repay creditors.) have been moved overnight, not the first time we've seen this...
💥Gold prices (XAU/USD) rose sharply on Monday. A softer US dollar (USD) and renewed escalating geopolitical tensions in the Middle East provide some support for gold. In the long term, the precious metal could be supported by growing gold demand from central banks. However, lower bets on a Federal Reserve (Fed) interest rate cut this year and a hawkish stance from...
www.tradingview.com gold is currently trending within an ascending triangle approaching the 2354 resistance level. should it break through the 2354 maek the asset may be driven to retest the 2387 level
Hey Everyone, Great start to the week with our chart idea playing out, as analysed hitting our open bullish target at 2350. We were able to trail this to 2358 for a nice catch. We are now seeing ema5 lock above 2350 opening 2365 and 2378. 2365 will need a ema5 cross to further confirm the 2378 gap. We now have gaps above and a retracement range below that has...
Monthly: 1. Direction: Bullish 2. Reasons: 1. A good Displacement 2. price is moving from IRL to ERL 3. price respected monthly OB Weekly: 1. Direction: Bullish 2. Reasons: 1. Price formed the new FVG 2. massive displacement to the upside ...
Monthly: 1. Direction: Bullish 2. Reasons: 1. price is respected OB. 2. A good Displacement 3. price is looking for Monthly ERL Weekly: 1. Direction: Bullish 2. Reasons: 1. Price respected monthly FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL 4. price created bullish FVG Daily: 1. Direction: ...
Monthly: 1. Direction: Bearish 2. Reasons: 1. price is respecting OB. 2. A good Displacement Weekly: 1. Direction: Bearish 2. Reasons: 1. Price disrespected Bullish FVG 2. BOS with massive displacement 3. price is moving from ERL to IRL ...
Gold prices rose during the Asian session on Monday. The metal's rise is supported by a weak USD and rising geopolitical risks in the Middle East. Speeches from Fed officials such as Fed Chair Michelle Bowman, Cleveland Fed President Loretta Mester and Minneapolis Fed President Kashkari on Tuesday will be notable. However, lower bets on a Fed rate cut this year...
The gold market has had a volatile week, recording record highs before plummeting. On Monday, the price quickly reached a new historic high of 2,450 USD but could only hold there for a short time and then retreated to close at 2,426 USD. On Tuesday morning, gold prices began to decline slightly but still had a retreat and closed at 2,421 USD. This small decrease...
Last weekend, after reaching a historic peak of 2,450 USD/ounce, gold prices were profit-taking and sold off fiercely. Gold has lost value partly due to the strength of the dollar, but also because the latest economic data from the US confirms rising inflation risks, leading investors to believe that the Fed will need to maintain limited interest rates. take...
#EURAUD Time frame of 4H RR: 15 If the price reaches our entry point, we can enter with capital management
📌After the surprise data on US services PMI skyrocketed, there was concern that the FED would cut interest rates less than expected. This caused investors to rush into the USD and pushed the Euro down despite the EUR PMI data. better than previously announced expectations. 📌EUR/USD recovers to 1.0850 as risk mood improvesEUR/USD gains traction and rises to 1.0850...
In the past week, Gold prices dropped sharply when the statements of FED members took on a "hawkish" tone. At the FOMC meeting Many Fed members proposed raising interest rates if inflation remains high. Fed members said inflation data for the first quarter of 2024 was "disappointing". According to a survey by global fund BOFA: Commodities had a record increase...
A bad home sales report (but record April home prices) combined with falling traffic and smaller spending data from Target cast an early shadow on the markets but it was the FOMC Minutes that did the trick. big waves with their more hawkish comments. For any and all that say "yeah but they're old, we've had CPI and Retail Sales since then", see the chart below to...