Dear traders! Gold prices today continued their upward trend with spot gold increasing by 15 USD to 2,350.7 USD/ounce. Gold futures last traded at 2,352.5 USD/ounce, up 18 USD compared to yesterday morning. The yellow metal price increased slightly at the beginning of the week as investors expected an important inflation report published later this week that...
Dear traders! EUR/USD is gradually approaching the 1.0900 level, with the prospect of further activation of the classic "bull flag" technical pattern in the medium to long term on the 2-hour chart, which is generally unlikely avoid further price increases in the near future. Amid shifting sentiment, sustained weakness in the US dollar and upbeat mood contributed...
Hey Everyone, Great start to the week with our chart idea playing out, as analysed hitting our open bullish target at 2350. We were able to trail this to 2358 for a nice catch. We are now seeing ema5 lock above 2350 opening 2365 and 2378. 2365 will need a ema5 cross to further confirm the 2378 gap. We now have gaps above and a retracement range below that has...
Gold prices climbed higher on Tuesday, rebounding from a two-week low of $2,325. This surge in the yellow metal was bolstered by a softer US dollar and a safe-haven flow amidst ongoing geopolitical tensions in the Middle East. In terms of trends, gold still faces short to medium-term downward pressure as it hovers around the $2,360 mark due to confluence...
Dear traders! I still maintain faith in GU's uptrend because the overall trend is still favorable for buyers as the price continues to rise above the 34 and 89 EMA, signaling and creating new momentum for GBP/USD. With the possibility of forming a DOW, using Fibonacci, the price has reached the perfect level of 0.618 i.e. 1.265 and increased sharply up to 1.277...
Dear traders! EURUSD has formed a classic bullish structure (bullish flag). Theoretically the pair should strengthen further. And we are expecting a further move towards targeting at least the 1.0895 local high. A breakout and consolidation above this level will see the pair looking for higher highs possibly at 1.1000. If you like the idea, don't forget to leave...
Yesterday, BTC experienced a roller coaster ride. After breaking through the resistance level of 69680, it rushed to around 70600 and fell back quickly. After falling to around 69100, it rebounded to 69800, then fell directly below 69100, reaching its lowest point near 67430. Overall, the tug-of-war between long and short forces is quite fierce and there is...
After the price broke through the resistance level of 69260 over the weekend, it failed to reach new highs after many upward breakthroughs. If the current price wants to continue to break through upward, more buying power is needed. Today the price fell back to around 68130 and then rebounded quickly upwards. The price correction also faces greater resistance, so...
Currently, gold is on a strong recovery path, reaching 2,354 USD, about 15 USD higher than the same time yesterday. This upward momentum is supported by the weakness of the US dollar. The DXY index fell nearly 0.1% from 104,747 to around 104.64 points, creating favorable conditions for this precious metal. In the short term, gold's target remains the 0.5 - 0.618...
📥 Last Night We Had a Hard Rejection From The Trend Line And It Caused The Dump To The 67k Support Level As a 2.618% PRZ And I Named It As a Wave C Low 📈 Currently Clear Bull Flag Formed At The Chart And The BTC Playing Below It And This Time I Expect a Breakout Toward a 75500$ As a Next Target 👉 Totally By Last Night Dump I Think The Correction Is Over And The...
Hey everyone, what do you think the trend for EURUSD will be – up or down? Currently, EURUSD is maintaining a strong uptrend that has lasted for several weeks, with prices reaching 1.086. The outlook continues to favor the buyers as it touches the 34 and 89 EMA, forming a new support level. Targets are set above the highs of 1.095 and 1.100 in this scenario....
GOLD is at its all-time high levels and will continue in the price discovery action. Why? On the chart, you can see a cap and handle formation that is currently breaking out on the monthly chart. This is a huge event for gold, and therefore the price can double in a few years from now. Does it mean that we will see a multi-year bull market? Definitely yes. This...
With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : ...
Dear traders! USD/JPY is reversing from near 157.00 in Asian trade on Tuesday, weakened by a fresh wave of US Dollar selling, as risk sentiment gets a fresh boost on China optimism Quoc. Investors are waiting for Fedspeak and key data to determine the pace of interest rate cuts from central banks going forward. In terms of technical outlook, from the 1-hour chart...
By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla's stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this level, it would invalidate this bearish outlook. Should...
GETTEX:NOT price action is forming a rounded bottom! Probably #Nothing Current price: 0.0067 Up Resistances: 0.0077, 0.009, 0.01 #TON
There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave? It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto! First, the chart: ➖ Bitcoin...
Gold prices dropped last week after reaching a record high on Monday, falling over 3% to just under $2,335. The decline was driven by higher short-term Treasury yields and positive US PMI data, indicating a strong economy that can handle higher interest rates. Inflationary pressures and the possibility of central bank policy easing fading may cause US Treasury...