Gold prices have surged, driven by weaker-than-expected US retail sales and expectations of lower interest rates. Here are the key factors: Weak Retail Sales: The US retail sales report came in below expectations, indicating reduced consumer spending. This raises concerns about economic growth, possibly leading to economic stimulus or looser monetary policy...
Hello everyone! What are your though In today’s analysis, I’ll focus on the bearish movement of this currency pair. Currently, EURUSD is trading around 1.073, continuing its downward corrective wave, with the support From a technical standpoint, elements like trendlines, support and resistance levels, and the EMA 34 and 89 all strongly favor the sellers. This...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.06000 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.06000 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60800 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring Bitcoin for a buying opportunity around 64,600 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 64,600 support and resistance area. Trade safe, Joe.
Hello Traders, In today's trading session, we are closely monitoring AUD/USD for a potential buying opportunity around the 0.66100 zone. AUD/USD is currently trading in an uptrend and is in a correction phase, bringing it closer to the key support and resistance area at 0.66100. This level has historically served as a significant pivot point for price action,...
Hey Traders, in today's trading session we are monitoring OPUSDT for a buying opportunity around 1.620 zone, OPUSDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.620 support and resistance area. Trade safe, Joe.
Hello,Friends! The BB lower band is nearby so AUD/CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.595. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring ETHUSDT for a buying opportunity around 3,100 zone, Ethereum is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,100 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 38,600 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 38,600 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring BNBUSDT for a buying opportunity around 540 zone, BNB is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 540 support and resistance area. Trade safe, Joe.
Hello everyone, it's Brian! Let's dive into today's gold market analysis. On today's chart, gold is showing a slight increase compared to the same time in yesterday's session. Currently, it's trading around $2330, and I have a few observations to share. Trend Analysis: Gold is still in a consolidation phase, lacking any significant breakout as it remains...
BINANCE:SOLUSDT (1W CHART) Technical Analysis Update SOL is currently trading at $133 and recently had around 35% crash and currently trading around the support zone, if the price correction continues then we can expect the price to reach 110$ and in the worst case it can fall to 78$ range. We will keep our StopLoss below 78$ Entry level: $ 132 Stop Loss...
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2,300 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2,300 support and resistance area. Trade safe, Joe.
S&P 500 has formed a Cup and Handle, broken above the handle and has created a breakway gap. This is showing the beast is ready to run up and rally to new All time highs. It's ideal for the price to turn, test and confirm which will help get us into a better position for a trade. My first target is at 5,704.
Dear Traders, We are convening a discussion focused on #PENDLEUSDT The Decending Channel Pattern is Formed It has Bounced Back From Support Zone Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move Towards 6.4$ and 7$🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth...
EUR/USD Holds Steady Above 1.0700 Amid Mixed Sentiment Data On Tuesday, EUR/USD remains within its daily range above 1.0700 during the European session, following a positive close on Monday. Mixed ZEW sentiment data from Germany and the Eurozone has left the Euro struggling to find demand, with market focus now shifting towards upcoming U.S. economic data. From...
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...