Eurusd now trading at 1.0744 is now showcasing a rising wedge bearish pattern, the major resistance point of 1.0755-1.0765 can become a potential reversal point. the current economical crisis happening in Europe along with major financial scenario of petrodollar issue can make euro crumble a bit comparing to us dollar. we expect a bearish fall till 1.0720 and...
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5,400 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5,400 support and resistance area. Trade safe, Joe.
BINANCE:TRUUSDT (1W CHART) Technical Analysis Update TRU is currently trading at $0.147 and the price is currently reversing towards it's support zone and we expecting this support zone to hold strong. We have a good opportunity for a long trade in spot market or with the low leverage. i'm entering the trade at the current price and planning DCA if price drops...
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.
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 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.
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.
Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2,332.804. Considering the today's price action, probabilities will be high to see a movement to 2,352.917. P.S Overbought describes a period of time where there has been a...
On a calm Wednesday trading session, GBP/USD made a solid push above the 1.2700 mark. Traders are now gearing up for the Bank of England’s latest announcement on Thursday. The central bank is widely expected to maintain interest rates at 5.25%, despite the UK's economic data continuing to fall short of targets. However, the numbers haven't been dire enough to stir...
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.
On Wednesday, EUR/USD experienced an uptick as the U.S. markets took a mid-week holiday break. As we move into the second half of the trading week, investors are looking ahead to the Friday PMI data for meaningful insights that could steer market sentiment. Despite the recent recovery, uncertainty lingers. The pair is still facing significant resistance and a...
Hey Folks, Let’s Talk Gold Today! So, today’s been pretty interesting for gold. We’ve seen a slight bounce back, with prices nudging up to $2337. Looking at the short-term chart, it seems this upward trend has some legs. The precious metal just hit a critical resistance level and got a boost after breaking through the trendline. What’s next? Well, after this...
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.
Hello,Friends! SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 29.581 area....
Here is our detailed technical review for USDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.884. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.898 level soon. P.S Please, note that an...
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...
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,...
#XMR/USDT #Analysis Description --------------------------------------------------------------- + The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes). + We can consider entering a long trade once the price retraces. + There is good potential in the bull run if the price bounces back after...