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...
Hello everyone, I would like to share my opinion on EUR/USD across multiple timeframes. Upon analyzing the daily chart, it is evident that the price is currently in a critical zone and is displaying signals that suggest a potential move towards lower prices in the 4-hour and 1-hour timeframes. Based on this analysis, I believe that as long as the price remains...
💎 Paradisers, #ALPHA is indeed exhibiting promising movements that warrant close attention. 💎 Currently, it appears that the price is poised to undergo a retest of the support area around 0.115 before potentially bouncing back to face the resistance zone between 0.13 and 0.1415. 💎 Should ALPHA successfully break above this resistance, it could signify not only...
#Altcoins start moving. #Bitcoin Dominance is about to drop and #Altseason about to start. 🚀
Support: 2335 - 2322 - 2316 - 2307 - 2290 Resistance: 2368 - 2379 - 2384 - 2397 Breakout and retest: - Demolition and closure on 2354 - 2361 - 2374 - Break and close below 2335 - 2322 - 2316 🔴SELL price range 2378 - 2380 stop 2384 🟢BUY price range 2336 - 2334 stop 2330 (scalping) 🟢BUY price range 2309 - 2307 stop 2303 Scalping strategies will be applied when...
Forecast Lukman Otunuga, leader marketplace analyst at FXTM, predicts that with buyers presently having a bet on simply one Fed price reduce in 2024, the marketplace can be tilting in a bearish direction. Lukman Otunuga stated that if the May PCE file is launched better than marketplace forecasts, this will deal every other blow to expectancies of Fed hobby price...
Bitcoin is back underneath this bearish trend line, and appears ready to crash from approximately the 68,300 to 68,550 level. Personally I am expecting a flash crash to occur in correlation with DXY breaking down and retesting a bearish trend line on the weekly / monthly chart.
USOIL: Short-time period oil fees are at the manner to convalescing to BSE:EIGHTY because the marketplace is presently watching for the subsequent OPEC+ meeting. However, the chance of a lower is fantastically excessive due to the fact OPEC+ nations have nearly all showed the growth in production. This will probably reason oil fees to drop even lower. Consider...