Gold (XAU/USD) started the week trading with a positive bias after last week's correction. The precious metal dropped over 4% as strong economic data in the US continues to hinder the hopes of rate cuts from the Federal Reserve. Commentary last week from several FOMC members continued to point towards a restrictive policy for the foreseeable future, at least until...
Closing the buying and selling consultation withinside the US marketplace this morning, the arena gold spot rate became round the edge above 2,353 USD/ounce, a pointy boom of nineteen USD/ounce in comparison to the preceding buying and selling consultation last on this marketplace. Qatar`s Ministry of Foreign Affairs protested the huge assault on a refugee camp in...
Closing the trading session in the US market this morning, the world gold spot price was around the threshold above 2,353 USD/ounce, a sharp increase of 19 USD/ounce compared to the previous trading session closing in this market. Qatar's Ministry of Foreign Affairs protested the massive attack on a refugee camp in Rafah, southern Gaza Strip, just hours after...
RUNE/USDT is exhibiting a strong bullish trend, consistently forming higher highs (HHs) and higher lows (HLs). We are strategically waiting for the formation of the next higher low (HL) to enter a long position. Furthermore, spotting any bullish divergence at these new HLs will serve as a double confirmation of the ongoing bullish momentum. This setup presents an...
Currently 1000PEPE forming ABDC Pattern and also break the previous HHs which is double confirmation of the bullish Trend, so we can take a long ride on CMP or on mention entry price in the chart, will proper risk management and SL.
the considerable gap needs to be reconsidered before the falling of NLMK
We can expect a move in the direction of buying from the specified support areas
Sell GBPUSD Due to the tendency of the market towards risk avoidance and the price approaching the daily trend line. Failure Risk: positive sentiment in the market, negative US news In the event of a stop, if the failure of the yellow line is not confirmed, I will re-enter the sell with stop at about 150 points and the same TP.
According to the Technical analysis LTC already broken the consolidation and looking for long entry. Once the Altcoins Rains stars it'll pump. we can some LTC from here.
The pair made a strong start to the final week of May, heading towards its first profitable month of the year. This gives it the chance to push for 1.0981, but we are cautious around further gains, as the monetary policy differential is unfavorable. As such, we can see renewed pressure towards the EMA200 (black line) and daily closes would reinstate the bearish...
XRP in consolidation. Once its breakout we may take entry for long. For longer period investment you can buy some XRP now.
Apple stock is set for a potential 50% surge, according to Wedbush analyst Dan Ives, who projects a market cap exceeding $4 trillion next year. This optimism is driven by the upcoming WWDC event on June 10, expected to feature significant AI announcements, and the iPhone 16 "supercycle" anticipated in September. Ives has increased his price target to $275, citing...
Last weeks high: $71,999.47 Last weeks low: $69,028.57 Midpoint: $66,057.66 After a historical week for the crypto space with the ETH ETF approval has meant that BTC has taken somewhat of a backseat. Currently battling with the '21 ATH at SWB:69K while ETH is beginning to pic up strength in the ETH/BTC pair and take volume away from Bitcoin. Ethereum has been...
💎 Paradisers, #RAY is indeed showing promising movements that merit close observation. 💎 Currently, RAY is encountering a supply area ranging from 1.88 to 1.97. In the previous attempt to break above this supply zone, RAY experienced a fakeout, and the current price action suggests rejection from this supply area. 💎 Consequently, there's a likelihood that the...
💥Gold prices (XAU/USD) rose sharply on Monday. A softer US dollar (USD) and renewed escalating geopolitical tensions in the Middle East provide some support for gold. In the long term, the precious metal could be supported by growing gold demand from central banks. However, lower bets on a Federal Reserve (Fed) interest rate cut this year and a hawkish stance from...
💥The gold market is being greatly affected by the Fed's policy stance on the length of time it takes to cut interest rates. Experts say that US inflation reports are still not as expected. Thereby, the timing of the Fed's interest rate cut is unclear. 💥Gold's recovery over the past several months has been largely driven by central bank buying, especially demand...
An event to look out for today: 17:00 GMT+3. USD - Consumer confidence indicator EURUSD: The EUR and USD pair failed to find momentum on Monday, hovering near 1.0860 after US markets went into a long holiday weekend. The trading week will begin in earnest today after German sentiment surveys hamstrung the Euro (EUR) on Monday. Central banks on both sides of...
The GBP/CAD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Poin ts: Sell Entry: Consider entering a short position around the current price of 1.7405, positioned close to the top of Channel. This offers an entry point near...