Hello traders The US dollar (USD) rose slightly on Tuesday, bringing some mild downward pressure on risk assets, causing EUR/USD to retreat from the early high above 1.0900, which is the highest level in weeks. Looking ahead, the initial recovery of some fundamental economic factors in the euro area, coupled with the slowdown in US economic momentum, is...
Hello traders I am looking for a potential sell zone above BDB where sl is at or slightly above the highs. Also monitoring the price action in the area below. The whole move will complete a WXY correction for more upside Hope my analysis and suggestions can help you, follow me if needed
If DJ goes bullish and breaks the Key Level above, we are expecting a bigger bullish move throughout the evening. There is no 100% correctness here, only a sound operating idea. Large positions are for trends, small positions are for swings, and you control the proportions yourself. There are no unprofitable investments, only unsuccessful orders! Whether you...
Operational ideas: It is recommended to mainly buy on the low side for intraday operations. For the support below, first pay attention to the 2360-2357 area. This area has been mentioned in previous articles as the dividing line between long and short strength, and can be regarded as the key to the short-term return of gold prices to 2400. Secondly, focus on...
A strong rebound in 4 hours broke through the descending channel line, causing the Bollinger Band to open upward, and the price rebounded to the support of the 5-day moving average, and the MACD golden cross indicated that the current market is in a strong position. At present, the K-line is running above the upper track, which is not conducive to the rise of...
Hello traders, I hope my analysis and suggestions can help you. If you need it, you can follow me. 1. Go long at $73.60, stop loss 35 points, take profit 75.50. (If you are more aggressive, you can consider trying long at $74 first) 2. If today's market falls to the long position of strategy 1 and then rises, go short at $75.60, stop loss 30 points, and take...
Hello traders BTC is testing local highs and consolidating above the downtrend resistance during the correction. The confirmation of the trend change will be the consolidation of the price level above 68,870. At this point, the realization phase will take shape. We wait for the confirmation of the trend change in the hope of further strengthening. Therefore, it...
GBP/USD is hovering around 1.279, above both EMAs. However, the short-term trend remains uncertain as the following factors are at play: USD: Strong ADP data supports the dollar, but slow US economic growth could weaken it. Fed rate: Possible two rate cuts could weaken the dollar's appeal. Economic data: Thursday's US unemployment claims and trade balance...
Hello traders Currently, Bitcoin is approaching its all-time high, trading above $71,000. This is a critical and sensitive stage for the cryptocurrency. Bullish side: BTCUSD is trading well above the 34 and 89 MAs, indicating strong positive sentiment among buyers. If BTCUSD breaks above the current resistance, it may target the $80,000 mark. Bearish side: This...
Hello traders Previously, after breaking out of the wedge, we saw BTCUSD refresh a high of $71,500, after which, as I predicted, a corrective move took place. Now it is trading relatively steadily below $71,000, and we predict that BTC will continue to correct for liquidity capture below this area, and if it fails to successfully conquer the peak of $71,650, it...
Hello traders AUD/USD seems ready to break out of its inverse H&S pattern formed in the 1-hour timeframe. There is no 100% correctness here, only a reasonable operating idea. Large positions are for trends, small positions are for fluctuations, and you can control the proportion yourself. There is no unprofitable investment, only unsuccessful orders! Whether you...
Hello traders, possible price drop to at least 38747.83 , this is not a solicitation to trade! The financial industry has many forms. All I hope is to use my professional knowledge and years of experience to protect your funds. If you are struggling with losses at this time, or which order to follow with so many strategies, you can choose to observe and contact me.
The fundamental reason why spot gold hit the lowest point of 2333 due to a large amount of selling. From the overall trend, the gold rising structure has been destroyed, and the weak pattern is beyond doubt. It is reasonable to continue to be under pressure and go down. Therefore, I suggest that the support that needs to be focused on at night is the 2310-2313...
Yesterday, the gold market fluctuated in a large range. It opened at 2355.1 USD/oz in the morning, and then the market directly pulled up to 2375.2 USD/oz. Then the market fell under pressure, and the daily line reached a minimum of 2353.2 USD/oz. Later, the US market was affected by the fundamental positive factors and started to pull up. The daily line reached a...
Oil prices rose slightly after a sharp drop in the first half of this week, breaking through $74.00. OPEC+ opposed the bearish outlook and warned that voluntary production cuts may be canceled. As the ECB's decision approaches, the US dollar index is slightly above 104.00. From the daily chart level, the moving average system of crude oil is diverging downward,...
Hello traders AUD/USD withdrew buyer liquidity and the price may have a correction in the fvg area. I started buying from this area until 0.68013 was completed..... Don’t you understand now? No matter whether the market is skyrocketing, plummeting, unilateral or turbulent, are you always unsure? It is the so-called buying when it falls, cutting when it falls,...
Hello traders USD 30 is in a bearish trend as it is printing HH and HL Order Type: Buy Stop Entry:38574.62 Sl: 38233.57 Tp1: 39456.99 I have met many investors who are still losing money and they are confused. There is no static market and no static investors. They need to constantly learn and adapt to the market. With years of industry experience, we provide...
The daily gold line is overcast and has a long lower shadow, forming a yin and yang cycle. Judging from the shape, it still needs to follow the short trend after the intraday rebound. However, before the non-agricultural data, the market is expected to remain volatile and will not go out of the unilateral pattern of ups and downs. Trend, focus on the pressure of...