Hello everyone! The EUR/USD surged to 1.0800 as the US Dollar weakened during the early trading session on Friday in the US. The greenback faced a significant sell-off following the US Bureau of Labor Statistics (BLS) report, indicating soft labor demand and slowing wage growth for April. This caused the US Dollar Index (DXY) to hit a three-week low, providing...
Hello everyone! Recently, following a price dip, the accumulation by large-scale Bitcoin holders (often referred to as 'whales') has driven the price of Bitcoin from over $60,000 down to a low just below $57,000. However, it quickly rebounded, with the cryptocurrency now up more than 4.5% in the last 24 hours, currently trading at $62,700. Keep an eye out, though,...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #PDAUSDT On The 4H Time Frame📊: THE Falling Wedge Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 100% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC ...
GBP/USD is grappling to sustain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment reports from the US triggered a USD selloff, propelling this currency pair to its highest level in weeks above 1.2600. However, it failed to hold onto this level and quickly retreated to 1.254. On...
Hello everyone, let's explore today's gold price situation! Yesterday, gold experienced significant fluctuations in response to two major news events: the Non-Farm Payrolls report and the unemployment rate. Following these updates, gold prices initially surged to $2320 USD, then dropped to $2277 USD, before finally stabilizing around the $2300 USD mark. However,...
✅BITCOIN broke the falling Resistance line so we Are locally bullish biased So we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Take a look at our analysis for GBPJPY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 191.946. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.595 level. P.S The term oversold...
Hello everyone, what are your thoughts on BTCUSD? Taking a close look at the technical chart, BTCUSD is currently forming a cup and handle pattern, and the price continues to follow an upward trajectory as per the long-term trend. It is anticipated that in the near future, the price could reach $90,000 as it approaches the ascending trendline formed by the...
This is way too simple to see ; Shiba is forming a breakout into bullish. During the breakout we should be expecting a few Zeros to be deleted Stay holding
The British Pound continues its upward momentum against the US Dollar, however, there has been a decline below the 1.2550 mark after surging to a high in the past three weeks at 1.2634 following the release of the US Non-Farm Payrolls (NFP) report. On the 4-hour chart, the Relative Strength Index (RSI) has been trading above the 50 level and continues to trend...
If you haven`t bought AAPL before reaching all time high: or sold the beginning of the retracement: Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week, I would consider purchasing the 177.5usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $2.36. If these options...
GBP/USD is struggling to maintain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment report from the US triggered a sell-off in the US Dolla (USD) and helped this currency pair reach its highest level in weeks above 1.2600. The disparity in economic data between the US and the UK...
Hello everyone, what do you think the next trend for BTCUSDT will be? From a detailed analysis of the technical charts, BTCUSDT has formed and established a new high around $73,300. Following this, the coin has undergone a corrective pullback according to Dow Theory and basic wave structure. In this context, the anticipated price target for BTCUSDT is around the...
Hello,Friends! We are targeting the 154.942 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello everyone, do you think we should be buying or selling BTCUSD at this time? From my personal analysis, after examining the 4-hour technical charts and other technical indicators, it appears that the sellers are still in control. The price is trending below both the 34 and 89 EMA lines, and the bears have successfully breached multiple marked support levels....
✅USD_JPY is set to retest a Strong support level below at 151.800 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 154.520 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gold prices reversed their gains after initially recovering above a key support level today, with momentum hindered by persistent expectations of higher U.S. interest rates over an extended period. The precious metal briefly returned to the $2,300 per ounce mark in overnight trading following the U.S. Federal Reserve's indication that there would be no immediate...
Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...