My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2304.0 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2338.4 My Stop Loss - 2279.4 About Used Indicators: By the very...
The Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a...
Hello,Traders! NZD-USD is going down To retest the horizontal Support of 0.6090 and 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!
Take a look at our analysis for NAS100USD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 19,927.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 19,712.4 level. P.S We...
By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that after a significant drop, the price finally entered the demand zone between 1.067 and 1.069. Following the accumulation of liquidity below 1.06740, there was a surge in demand, and the pair is currently trading around 1.06980. The substantial decline in EUR/USD has created numerous...
Gold prices at the beginning of the week yesterday fell slightly as they were affected by the recovery of the USD and rising bond yields, while investors looked forward to economic data and comments from US Federal Reserve officials. (Fed) to know more about the roadmap to cut interest rates. In this context, it is forecasted that gold price may move sideways in...
Greetings Traders! Current Market Analysis: At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today: Key Observations: Institutional Order Flow: We are entirely bearish, so our strategy is to find...
KOG REPORT: In last week’s KOG Report we said we wanted the lower support level to hold up the price to give us the opportunity to long into the order region above, which gave us a fantastic start to the week. We then said we wanted to short from the order region back down, but due to FOMC and CPI we would be looking for extreme levels above. Once price...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BTC (Update) #Bitcoin Is Currently Consolidating Within Symmetrical Triangle On 1D Chart☑️ A Breakout From Triangle Would Signal of Bullish Momentum✍️
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About XRP (Update) The Symmetrical Triangle Formation On WEEKLY Timeframe☑️ In Case Of Successful Breakout Expecting Massive Bullish Wave✍️
In this analysis, I'm examining a consolidation pattern. Price is showing signs of rejection, and therefore has the potential for (temporary) long positions. AUDUSD has been consolidating within a rectangle pattern (on the 4-hour chart) for some time. Price has previously rejected support on multiple occasions, suggesting it may do so again. We have observed a...
Dear traders! On almost every timeframe, gold is remaining positive above a stable parallel trend channel supported by the $2300 mark. But, in general, from the price resistance at 2335 USD, the upward momentum seems weak and there is a possibility that gold will retreat to 2325-2320 with the aim of retesting the 34.89 EMA level to accumulate before strengthening...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️Please, support our work with like & comment!❤️
Dear Colleagues, the news had a big impact on the price last week. I think that everyone felt these changes. My last trade went to breakeven, although it was very close to the target. Now I believe that wave 4 is still not complete. This means that I expect further price decline to the area of 100% Fibonacci extension level at 2252.844. Of course, I expect a...
My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0715 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0774 Safe Stop Loss - 1.0678 About Used Indicators: The...
Xauusd is making triangle pattern on 1 hour timeframe, if price breaks above the supply level (2338) the target will be 2353, if it breaks below the demand level (2311) target will be 2298, always wait for a clean breakout and wait for candle to close outside the range or the levels marked on the chart.
EUR/USD falls to 1.0700 as the Euro weakens amid French election uncertainty. ECB policymakers see a bumpy inflation path towards the 2% target. The Fed maintaining its hawkish stance will offset the impact of weak US inflation data. The next support level for EURUSD is around 1.066. Traders can pay attention to execute BUY signals. The main resistance level...
OANDA:XAUUSD fell slightly during the Asian session on June 13, following the US CPI data report and the US Federal Reserve's interest rate decision. The 0.236% Fibonacci level limited the recovery momentum of gold price to keep it in the price channel. Data released by the US Bureau of Labor Statistics on Wednesday showed that the US consumer price index (CPI)...