Hi everybody! Overall, GBPUSD is still moving above a steady uptrend channel despite yesterday's decline. We expect the recovery to continue with a possible retest of dynamic support for accumulation before distribution.
Hello, wonderful friends! What are your thoughts on SOLUSDT? From my analysis of the chart and personal perspective, I see SOLUSDT currently undergoing a correction after its previous strong rally. In the short term, I'm expecting to sell once the price establishes new highs within its accumulation phase. What do you think?
Greetings Traders! What to Expect in Today's CPI Release At the moment, GBPUSD is showing a relationship with bullish order blocks. We observe that after buy stops (external range liquidity) have been taken, the market moves into bullish order blocks (internal range liquidity), and these order blocks are consistently supporting the price. This indicates that...
Dear friends! SOLUSDT breaks out of downtrend resistance. This is the classic model. Price has found resistance at 175.00 and is likely to correct in the short term with the overall backdrop being positive and buying the pullback Plan A: buy the breakout above 175.00 if a new high is made Plan B: buy the dip back at 168.00 or slightly lower. It is expected that...
Dear traders, I am Conan! Today, I want to share with you an extremely exciting update on medium and long-term gold. Overall, Gold is currently at a historic peak and all signs indicate that prices will continue to explode in the coming years. As you can see On the chart, we can see a strong developing cup and handle pattern on the monthly timeframe. This is a...
Dear traders! USD/JPY jumped more than half a percent within minutes after the release of US Nonfarm Payrolls (NFP) data on Friday and edged higher to 156.35 after the US Dollar (USD) ) was strong thanks to better-than-expected results, showing that investors' sentiment is very positive. By maintaining this high level, Conan optimistically assesses that in the...
Dear traders! GBPUSD is trading on an uptrend base that remains steady above the 1.2700 breakout zone. With the above high level remaining, it is likely that resistance will be set as the next target in the short term, but in the medium to long term it is likely that the 1.2864 resistance area will be followed by a The correction aims to accumulate liquidity...
Dear traders! Gold is falling exactly as Ryder expected last week after not being able to overcome the resistance level of 2,300 USD as expected. From a personal perspective, Ryder is still optimistic about supporting the 2277 USD area (coinciding with the time of testing BB's support level from a technical perspective from TradingView). If this level breaks, the...
Dear traders! It's time to sell gold. A quick test of the 2307 support level and a return to the key resistance level of 2320-2323 would be a good entry point for gold. Sell target targets 2300 USD for a big strike. 2% rule for account management! Good luck
Dear traders! Gold prices edged higher in today's trading session, after a weak US inflation report caused the US Dollar Index and US Treasury bond yields to fall. Besides, gold prices are having new buying momentum due to consumer prices cooling down more than expected in May, according to some economic experts, this could create an opportunity for the US...
Dear traders! EUR/USD hovers around 1.0880 ahead of key US economic data. The major currency pair traded within a trading range on Tuesday. The pair's short-term outlook remains solid thanks to a breakout of the Symmetrical Triangle on the daily timeframe and an upward sloping 34-day Exponential Moving Average, trading around 1.0800. The major currency pair is...
Dear traders! In general, at the beginning of the second day's trading session, gold recovered slightly to the resistance level of 2,300 USD. However, it seems that buyers still lack the motivation to push through this area and create a potential sideways area for selling. In the news: The US dollar rebounded early Monday, as markets increased bets on a delay...
Dear traders! BTC is testing local highs and during the correction is consolidating above downtrend resistance. Confirmation of the trend change will be a consolidation above the price level above 68,870. At this point the realization phase will take shape. We await confirmation of a trend change with a view to further strengthening. Therefore, it would be more...
Dear traders! Overall, Gu is preparing for a fall in the negative zone below 1.2750. The reason for the decline is mainly due to the US Dollar outperforming its rivals after impressive labor market data in May. It is expected that GU's downward trend will be more certain in the coming time, we I am waiting to pull back the sideways supply zone and target selling...
Dear traders! EURUSD is trading on a clear uptrend on the 4-hour chart although the upside momentum is showing clear downside. I expect the horizontal support and trend channel cap to be retested soon to accumulate bullish momentum before resuming growth with a target to retest the 34.89 EMA i.e. 1.0850
Dear traders! Overall gold experienced significant volatility yesterday with a drop of over 800 pips to reach 2294 over the weekend. Accordingly, from a technical perspective on the 4-hour chart, the 2300 USD Psychological Resistance Zone continues to hold the price amid a correction and sell-off after a clear breakout on the chart. Personally, I appreciate that...
Dear traders! That's the end of another trading week! Let's recap the market from last week and discuss our new plan. In general, gold continuously received important data last week, causing prices to continuously reverse. Notably, during the weekend trading day, the market suffered two shocks that caused prices to continuously "plunge". In just one day, gold...
Yesterday, right at the beginning of the day, Gold continued its downward trend in the Eurasian session around 2314. Here, the H1 time frame created a pair of short-term reversal candles that pushed Gold back up and recovered strongly when the session came. America => At the end of the day, D1 candlestick closed up beautifully at 2350. Main trend today:...