Observed massive rally after the effects of the CPI report that surge BTC price past 6% and followed by other major coins. Now, I will tackle the possible BINANCE:DOGEUSDT breakout after the rally on the almost 2-month diagonal resistance trendline along with an inverse head and shoulders, a bullish pattern since the coin is on the downtrend that can be a sign...
Preferred direction: BUY Comment: The end of the previous trading week was not in favor of the US dollar , which we were preparing for and talking about during the previous week. The beginning of this week will most likely maintain this bearish sentiment for the US dollar and a short-term strengthening is expected for its main competitors, at a...
Preferred direction: BUY Comment: Before the publication of today's data on the US CPI , on gold , we have been following the previous trading idea that we gave at the beginning of the week. The price has already begun to move according to our scenario, but we must not forget about potential volatility amid the publication of today's data from the US. For...
Preferred direction: BUY Comment: The British currency is also expected to boost amid the publication of US CPI data . This is the most likely scenario and is indicated on the chart as scenario №1 . Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396...
-Multi-decade resistance trendline unbroken -Bearish divergence on the Wolfpack -"Overbought" on the RSI -Curling price action
Preferred direction: BUY Comment: It didn’t take long for us to realize our previous trading idea for the euro . At the moment, we have the fact that the target has been fixed. Today, the market's focus will be on the US CPI , against the backdrop of which we expect another short-term growth in favor of the main competitors of the US dollar. The most...
Preferred direction: BUY Comment: Against the backdrop of the upcoming news week, metals in particular are best viewed from a medium-term perspective. Here, for silver , the most likely scenario seems to be the formation of accumulation and then growth towards a local maximum of 30 exactly ( scenario №1). We also designate Scenario №2, and it is mainly...
Dollar Index TVC:DXY on the cusp of making a major move TA speaking ; (100.8 or 110) - To the upside starting currently by jumping at 200EMA and breaking recent highs within pattern while facing strong resistance just above on Range Ceiling(105) and last Highs of 107(ChoCh). - Either falling off a cliff headed in to re-visiting Range Bottom of 100.82...
Welcome to DECRYPTERS ! NOTE:- PLEASE READ FULL DESCRIPTION BEFORE CONCLUDING ANY THING upon analyzing gold over all trendi is bullish due to several factors why to buy gold ? building narrative because of followings:- 1 - geo political situation 2- banks demands for gold 3- inflation issues in us 4- japan currency devaluing issue 5 -brics 6 -infaltonun...
16th May DXY: Retracing, needs to stay below 104.50. If support 103.990 broken, could trade down to 103.40 NZDUSD: Buy 0.6145 SL 20 TP 70 (Hesitation at 0.6180) AUDUSD: Sell 0.6710 SL 25 TP 50 USDJPY: Sell 153.55 SL 35 TP 75 GBPUSD: Sell 1.2655 SL 30 TP 80 (DXY recovery) EURUSD: Buy 1.09 SL 30 TP 70 (DXY weakness) Sell 1.0850 SL 30 TP 60 (DXY recovery)...
- Awaiting CPI# numbers readings for ECONOMICS:USIRYY on August 10th (today) post US being Down-Graded to AA +. While on the 9th of August ECONOMICS:CNIRYY came deflationary on the other side of the world Consensus sits at 3.1% (0.1% increase) and some to 0.3% increase at 3.3% for ECONOMICS:USIRYY Economists forecast Inflation rising up again on a steady...
The Japanese yen has posted gains on Wednesday. The yen gained as much as 1% but has given up about half of those losses on the day. At the time of writing in the North American session, USD/JPY is trading at 155.73, up 0.45%. US headline inflation didn’t drop by much, but it was enough to send the US dollar down against the major currencies. Headline inflation...
We sold the news this time. Entered a small short. Just under our rule of 1:5 Risk Reward.
by the Politicians, Talking heads and Bankers. Governments can only Tax, Borrow & Spend Central Banks can only Print & Lend. If this index were to rise by the average of 43% You are looking at the CPI Index hitting 372 by Jan 2030 There is every likelihood this decade, will be a higher than average inflation rise. You must save in scarce Assets #Gold &...
Vow what a wonderful day Again our golden area made us 210 pips from its potential area Nice strategy
Ahead of CPI I am looking to short EURUSD, my targets are below 1.07000 stops above 1.086 area. Use proper risk management. The box shapes drawn on my chart are from GOLD BACH. If you want to learn about it let me know. Cheers
XAUUSD Demand and Supply Zone | 4H Timeframe HEY Traders ! hope you are doing well - This prediction is based on Technical Analysis - Supply and Demand Zone path elaborated - Gold touched the supply zone and clearly rejected to now in a bearish circle - Usd High Impact news are Waiting to moving gold volatile - Our Target and Our Trend as Shown in our...
Gold New Forecast The price of XAUUSD (Gold) is expected to be volatile today due to the release of the CPI news. The movement will depend on the results: if the CPI is higher than expected, it typically indicates rising inflation, which could lead to increased interest rates and potentially cause gold prices to fall. Conversely, if the CPI is lower than...