Gold prices fell on Friday (May 31), as investors considered the US inflation report mostly as forecast, despite expectations that the US Federal Reserve (Fed) will lower interest rates in This year has helped gold increase for the fourth consecutive month. At the end of the trading session on May 31, the spot gold contract erased the early session gain and...
As May closed with a long-tailed monthly candle, it's now clear that we have two consecutive long-tailed candles, which strongly suggests that the OANDA:XAUUSD is struggling to stay above the key resistance level of 2400. This pattern is a significant indication that the market is likely to continue its downward trend. Furthermore, considering the seasonality...
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, We are convening a discussion focused on #SANDUSDT The Trendline Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 45% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart #nfts#trading #forex...
Hello Traders ! The Bitcoin price formed a descending triangle pattern. We have 2 scenarios: BEARISH SCENARIO: if the price breaks and closes below the support level (67276 - 66259), We will see a huge bearish move📉 TARGET: 61640🎯 BULLISH SCENARIO: if the market breaks above the resistance line and closes above that, We will see a bullish move📈 TARGET: 71400🎯
After a strong bullish impulse movement, the BINANCE:ARBUSDT has been stuck in a prolonged consolidation phase. Currently, the market is trading within this consolidation zone, having broken above the crucial level of 1.1000. As the price approaches the support level, it's likely to bounce off and resume its upward momentum. The market has been in an...
Last week was a tough period for gold, marked by a sharp reversal where the bull's momentum suddenly gave way to a bearish surge. The bull takes the stairs, the bear jumps out the window as they say. The sudden correction was not a surprise, but rather a necessary step in the market's attempt to rebalance itself. The price had been forming a divergence for some...
✅GBP_NZD will be retesting a support level soon at 2.0675 From where I am expecting a bullish reaction With the price going up but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction. Manage your capital...
#FXSUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about FXSUSDT Falling wedge Breakout done & Retesting is in process ✅ Expecting 50% + profit 📈
#PIXELUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about PIXEL. PIXEL has breaked the main falling wedge pattern in daily timeframe. Here it has Maximum chances we can see gain upto 100%+ soon. ✍
Dear colleagues, the markup turned out to be rather unusual, but I still assume that the price is headed for a correction in wave “4” (2328.823). This may mean that the price will soon start an upward movement at least to the area of the nearest resistance at 2404.446. After confirmation of this movement we will consider options for further upward movement....
Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.362. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.367 level soon. P.S The term oversold refers to a...
#SAGAUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about SAGAUSDT Descending channel breakout done in 1D time frame ✅ Expecting 70%+ profit 📈
#TNSRUSDT(Update) Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze TNSRUSDT today. Successfull Breakout Done in 12H time frame. Expecting Massive Bullish wave towards 32%+📈🚀
Hello,Traders! GBP-NZD is going down But a strong horizontal Support of 2.067 is ahead So after the retest we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DYDX Analysis and Signal on 4H 🔵Entry Zone 1.902 - 1.955 🔴SL 1.752 🟢TP1 2.112 🟢TP2 2.290 🟢TP3 2.489 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 38,715.0. The above observations make me that the market will inevitably achieve 39,991.0 level. P.S Please, note that an oversold/overbought condition can...