Hello everyone, what are your thoughts on BTC/USDT? Currently, BTC/USDT is trading around $68,500 and moving within a descending channel on the 4-hour chart. However, from a long-term perspective, a flag pattern has formed, and we are awaiting a breakout to signal a continued increase in the coin's value! My target remains the same; I am looking forward to...
Sure, here is the revised version in English: Hello everyone, today the EUR/USD remains in a downtrend. Despite a brief recovery yesterday, the pair continues to head towards the 1.0800 level in the early trading hours of the final session of the week. The outlook still favors sellers as EUR/USD remains below several key resistance levels and follows the...
Welcome to my USD/JPY market analysis. In this article, we will delve into the day's USD/JPY price action, conduct technical analysis, examine influencing factors, and provide forecasts for USD/JPY's future trajectory. USD/JPY experienced a rather volatile trading session on June 1. The pair opened at 135.20 JPY/USD, subsequently ascending to its intraday high of...
Let's delve into the current gold price situation and employ technical analysis to anticipate its future trajectory. Support: Currently, a strong support level for gold prices lies around $2350 USD/ounce. This zone has repeatedly witnessed gold prices rebounding during recent trading sessions. Resistance: A crucial resistance level is currently positioned at $2380...
Gold prices saw a modest increase on Friday due to a weaker US dollar and lower US bond yields. Traders are increasingly betting that the Federal Reserve will cut interest rates this year following the recent weaker US GDP data. Additionally, geopolitical risks and conflicts in the Middle East could further support the precious metal. However, in the short term,...
Hi guys, this is my overview for XAUUSD. Gold prices are exhibiting a slight upward trend this morning. Global gold prices have increased by 0.16% compared to yesterday, reaching $2,342.52/ounce. The primary drivers behind this price increase are concerns over high inflation and geopolitical tensions. However, the upward momentum of gold prices could be...
The recent short-term uptrend is showing signs of reversing when gold prices have dropped more than 4% from the historic peak of 2,450 USD, set just a few trading sessions ago. This adjustment shows that investor psychology is changing, as buyers tend to take profits and look for investment channels with higher profitability. Tonight, 19:30 Vietnam time, the US...
Greetings traders and welcome to my EURUSD analysis for today. The market has presented some notable movements that we'll delve into: EURUSD has continued its mild decline across all timeframes. The 1.0570 support level has been breached, indicating a potential continuation of the downtrend. RSI and Stochastic: Both indicators remain in oversold territory across...
World gold price (XAU/USD) increased slightly to close at 2,343 USD after the second preliminary estimate of US Q1 GDP growth rate showed stagnation, increasing market expectations for Fed's future rate reduction. Meanwhile, recent negative technical news along with hawkish comments from Fed officials are still weighing on market sentiment. However, many experts...
EURJPY Analysis(1HR TF) Price is at 1 hour Bearish OB Key level. BUY/SELL SCENARIOS: 🟢BUYS: Price breaks above the 169.979 level with a body candle close. If this happens. A retest of the Failed 1 hour OB to Buy to target 170.251 first before targeting 170.800. 🔴SELLS: Price Dumps below the 169.734 level with a body candle close. This creates a bearish...
XAUUSD Analysis(15M TF) Price Rejected 4 hour Bullish FVG at the 2340.98 level. BUY/SELL SCENARIOS: 🟢BUYS: Price Rejects the 2341.43 level and creates a 5 minute CHOCH to continue higher, targeting 2356 level. 🔴SELLS: Price Dumps below the 2340.02 level with a body candle close. If this happens, Bearish CHOCH forms, indicating selling Pressure > Buying...
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action as price rejected from trendline + institutional big figure 199.000. Like, comment and subscribe to be in touch with my content!
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 114.97 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 114.10 My Stop Loss - 115.51 About Used Indicators: By the very...
GBPCHF - 24h expiry We are trading at oversold extremes. This is positive for sentiment and the uptrend has potential to return. The hourly chart technicals suggests further downside before the uptrend returns. Previous resistance at 1.1513 now becomes support. We look to buy dips. We look to Buy at 1.1513 (stop at 1.1473) Our profit targets will be 1.1613...
Dear Traders, We are convening a discussion focused on #PYTHUSDT The Falling Wedge Pattern is Formed Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 100%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading...
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Hello everyone! Today is May 30, 2024, and the gold market is experiencing some exciting fluctuations. Let's take a look at today's gold price situation! Today's gold prices have seen several fluctuations due to the rise in the USD, making gold more expensive for buyers using other currencies. The 10-year U.S. Treasury yield has also risen to its highest level in...
Gold prices are currently facing fresh selling pressure around $2,330, extending the earlier decline seen on Thursday morning. The continuous rise of the US dollar has put downward pressure on gold prices. Investors are eagerly awaiting a series of new economic data from the United States and several speeches from Federal Reserve policymakers, hoping to glean new...