⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) declines during Asian session on Wed, partially reversing previous day's gains. Profit-taking and repositioning trade ahead of Fed Chair Powell's testimony may be contributing factors. Investors will closely analyze Powell's remarks for clues about Fed's rate-cut path and its impact...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 12 o'clock tonight. As you can see, the beat is on the verge of an upward...
price antered a 15 min orderblock and we saw a bullish mss
The EUR/USD pair marched north on Wednesday, reaching a two-week high of 1.0879 during European trading hours. The uptick is modest but relevant as the pair seemed comfortable above the 1.0865 threshold, the 38.2% Fibonacci retracement of the latest daily slump. The better tone of Asian and European stock markets after Wall Street’s setback on Tuesday weighed on...
As gold goes about its business, client volumes on the yellow metal are well above average, and as is typically the way after a solid one-way tear, the net position is now heavily skewed short. We can see that the price has closed higher for 7 straight days, and subsequently, traders see a heightened probability that we will not see an 8th and that momentum has...
CL OIL, H4 7 March 2024 Oil prices have rebounded from their liquidity zone and maintained their previous high levels, forming a double top price pattern. The dovish stance from the Fed's testimony has provided support for higher oil prices. Additionally, the weekly U.S. oil reports falling short of expectations suggest an improvement in oil demand in the U.S.,...
USD/JPY, H4 7 March 2024 The Japanese yen demonstrates resilience, outperforming other currencies amid hawkish expectations surrounding the Bank of Japan. Speculation of a potential interest rate increase surfaces as the country experiences a robust economic recovery. In contrast, Federal Reserve Chairman Jerome Powell hints at the prospect of interest rate cuts...
AUD/USD, H4 7 March 2024 AUD/USD benefits from additional US Dollar losses, aligning with a significant pullback in US Treasury yields amid speculation about an anticipated interest rate cut by the Federal Reserve in June. Ongoing developments in China warrant scrutiny, with potential stimulus measures providing temporary relief. Sustained positive economic...
EUR/USD, H4 7 March 2024 The Euro has strengthened against the dollar, reaching its highest level in over a month, propelled by a weakening dollar. Anticipation surrounds the upcoming ECB interest rate decision, with the market expecting the ECB to maintain a stance of being "in no hurry" to cut interest rates in its policy statement. This sentiment has led the...
Hello everyone In the current gold market scenario, we have two buy zones of gold 1st starts at 2145$-2132$ , the 2nd buy zone starts at 2116$- 2107$. These two zones have the potential to drive gold prices up to 2183$-2195$ . however,if the zone of 2116$-2107$ breaks with 4H candle we will see gold down to 2030$ Just keep in mind that this is my analysis and...
As you can see from the indication the probability of closing friday post earnings below 707 is 5% and the probability of closing above 745 is 60%.
GBP/USD, H4 7 March 2024 GBP/USD sustains an upward trajectory, driven by the US Dollar's depreciation. Despite the optimism, uncertainties loom ahead of the UK's 2024 budget announcement before the election, with market anticipation for potential tax rate cuts. Detailed plans remain elusive, prompting investors to vigilantly monitor developments for nuanced...
XAU/USD, H4 7 March 2024 Gold prices have surged to their all-time high levels and are currently testing the possibility of breaking above this threshold. The bullish momentum observed in gold throughout March can be attributed to the market sentiment indicating that the Federal Reserve may be considering a pivot from its current monetary policy. Simultaneously,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 Here is a detailed update top-down analysis for #BTC. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
DOLLAR_INDX, H4 7 March 2024 The Dollar Index has descended to its lowest point in a month, currently trading below 103.50 levels. The dollar faced significant downward pressure primarily due to the dovish stance communicated in Powell's testimony that began yesterday. Powell indicated an expectation that the U.S. central bank will initiate rate cuts this year....
Globally ETH still has the possibility of updating the ATH but without a preliminary correction it seems barely possible for me. We can see a huge amount of liquidity from below up to the 2500 level without areas of imbalance though. Positive funding is also the reason for my bearish attitude, a large number of long positions never allow you to grow further. I...
I am setting this trade plan going into the UK budget report. The 8-hour chart highlights the completion of a bearish Gartley formation at 1.2761. We have bespoke support located at 1.2637 and 1.2634. The four-hour chart highlights an expanding wedge formation that has a bias to break to the downside. Using 1.2761 as a projected high, we will form a Butterfly...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #USDCAD. USDCAD is hovering around the lower bound of the wedge pattern. So we will be looking for trend-following buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade...