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...
#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has reached the support trendline and price is expected to consolidate in this area. + Once the price reaches this are, i'm expecting it to bounce back, this gives us good opportunity for a trade with huge profit potential....
#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...
#ZIL/USDT #Analysis Description --------------------------------------------------------------- + The price is currently testing its support levels, this support held strong in the past. + If the support holds, a rebound is likely and which will lead to continuous bullish trend in the bull run + However, if the support fails, there's a possibility of further...
Hey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19330 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19330 support and resistance area. Trade safe, Joe.
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...
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...
OANDA:XAUUSD Fractals Market Algorithm 📈Buy Limit 2314.60 ❌ Stop 55 pip ✅Target1 : 55 Pip ✅Target2 : 74 Pip ✅Target3 : 102 Pip ✅Target3 : 165 Pip
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 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.
Here is our detailed technical review for SPX500USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5,430.7. Taking into consideration the structure & trend analysis, I believe that the market will reach 5,568.2 level soon. P.S We determine...
Please, check our technical outlook for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.841. The above observations make me that the market will inevitably achieve 0.846 level. P.S The term oversold refers to a condition where an asset has...
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,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.748 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.762. ✅LIKE AND COMMENT MY IDEAS✅
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.
FX:USOIL looks to have created a short term low just below 7300. Im now looking at a rally so watching this PB going into Monday for a potential move back up towards 78-80. Watching for 7400-7480 on Monday to hold for the next move higher. Enjoy the week. More updates coming.