With the yuan and yen offered, so too is the AUD/USD, pulling back from multi-month highs hit Thursday. Despite recent weakness, buying dips is preferred to selling rallies as long as risk appetite holds up. Given the proximity to former resistance at .6442, traders could buy ahead of the level with a stop below for protection. .6712 would be the initial target...
Yesterday, spurred by weak economic data and unfavorable CPI data, the U.S. dollar index fell sharply. After today's slight rebound, I think the US dollar index has stabilized. Why do you say this? The reason is that the U.S. dollar index simply cannot continue to fall! If the U.S. dollar really falls, the chain reaction will be completely unbearable for the U.S....
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are monitoring XAUUSD Looking for Bearish Around 2415-2418 Once we will Receive any Conformation the Trade Will be Excuted Good Luck Guys 🤞
We are taking our 3rd and final bear move on this pair, downtrend continues
USDCAD can keep moving upward aggressively some correction is expected. we will keep a tight SL.
On 4/30/2024, TransMedics Group (TMDX) reported earnings of $0.35 per share on revenue of $96.85 million for the first quarter ended March 2024. The consensus estimate was a loss of $0.05 per share on revenue of $83.32 million.
🚨🔺XAUUSD CMP $2404.91 High Achieved as stated Earlier on 16-5-24 10:51 hrs. anticipated impact was $2400 once again which was mentioned on analysis since last week several times.✅ Buying can be at: $2340-$2365🔺 Selling can be at:$2409-$2426🔻 ⚠️Warning: Do not risk more than 5% of your capital. You might lose your money. 💹XAUUSD Present Technical Status Update:...
We made almost 210 pips from our golden area In this week we trade on 3 days and got 3 tp from golden area
💎 Paradisers, #API3 is indeed a coin worth monitoring closely. 💎 The chart appears to be bouncing from the support area, potentially forming a bullish candlestick pattern known as "three white soldiers." 💎 If the daily close confirms with a green candle, this pattern could signal a continuation of the upward movement toward the resistance level at 2.744. 💎...
We have been told that market is always right and the price of the stock is always indicative of what is happening in the company, it’s balance sheets and its prospects for future. This cannot be true as the price of the stock or an index tends to trend. The trend can be upwards or the trend can be downward as seen in this chart. The trend can also be flat. Now...
A few weeks of limited volatility and ranging between the $60k and FWB:67K range for Bitcoin are keeping traders in suspense. This was well captured by a few days of relatively low inflows/outflows to the Bitcoin ETFs over the last week. The trend seems to have turned however as this week saw $726m of inflows so far. In times of little price action, crypto...
Main ideas: The US and South African elections in 2024: The outcome of the elections in both countries will have long-term and pervasive impacts on the markets, especially if Biden wins in the US and Zuma runs again in South Africa.12 The US economy and the war in Gaza: The US economy is booming, but inflation and interest rates are higher than expected....
#BTC has started an uptrend since 16oct2023 (30 weeks ago) and then reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024 . when Israel bombed Iran's consulate , tensions escalated and risky assets like BTC dropped , on the other hand safe assets like gold rose . after that , BTC retraced and found support the 38.2 Fibo level ( while...
Gold failed to break through 2400 yesterday and fell back after a surge. The daily closing line has not really been able to stand firmly above 2400, indicating that there are still many resistances above 2400 and the rebound continues to sell. If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then...
Considering that this commodity has a strong resistance zone (2400 - 2420) and it has failed to break it, it means that the bears are dominant. I am anticipating that the price will continue to form the falling flag pattern so that the bulls may finally gain momentum and break the resistance. Target Profit - 2280, Stop Loss - 2390, Trade Entry - 2375 Risk-Reward...
Looking at gold targeting the highs - if the entry happens before NY session, needs to have enough time to run. Pushed out of a 4hr fvg, making a new 1hr fvg higher. SMT with dollar.
As EUR/USD carves a pattern on the Forex landscape, the recent actions and statements from central banks play a crucial role in dictating its trajectory. Here's a deeper dive into its current position and potential moves ahead. Technical Analysis: EUR/USD is trading within a short-term descending channel. The currency pair shows resilience, balancing above a...
Another leg down is expected before this weekend. Keep eye on it for an impulsive move down before Friday closure.