💎 Paradisers, #ARKM is indeed gaining attention as a potential coin to monitor closely. 💎 It has successfully broken out of the descending channel pattern, indicating positive momentum. However, the price hasn't yet retraced to retest the breakout level. 💎 The price may likely test the demand zone around $1.7 - $1.46 before resuming its upward movement....
Released data for the US economy during the previous week could point to the stagflation moment in the US during the course of this year. Posted data for core Personal Consumption Expenditures Price index show that in March it increased by 2.8% on a yearly basis, from 2.6% expected by the markets. At the same time, the first estimate for the US GDP Growth Rate was...
📊Analysis by AhmadArz: 🔍Entry: 6707 🛑Stop Loss: 6987 🎯Take Profit: 6501 - 6253 - 5884 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
As the crisis in the Middle East is slowly calming down, the price of gold is ending its uptrend, in a quest to find a new equilibrium price. On this path, the price of gold first needs to find again its negative correlation with the USD, as it did during the times without significant news from geopolitics. The price of gold started the week with a strong selling...
Previous week was the one where the S & P 500 performed in an excellent manner, increasing its index value by 2.7%. The three-week losing track was finally broken, and the index ended the week at level of 5.124. For one more time, tech companies were the ones that were driving the market to the upside, especially after strong earnings from Microsoft and Alphabet....
The inflation in the US continues to be persistent, putting into question promised three rate cuts during the course of this year. Released data on the core Personal Consumption Expenditures Price index show an increase in March of 2.8% on a yearly basis, which was slightly above market estimate of 2.6%. The PCE on a yearly basis was standing at 2.7%, again...
The frenzy over the Bitcoin halving is over, so the price could enter into a sort of relaxation, seeking for its new equilibrium. This is sort of normal on financial markets, considering that many positions were open in order to gain in a short bull-run. Such positions are now being closed and some sort of repositioning is taking place. Analysts are noting that...
Last week in the news Latest PCE data in the US are showing persistent inflation, decreasing inventor’s expectations of a potential three rate cuts during this year. US Treasury yields reacted to change in sentiment, where the 10Y benchmark reached its weekly highest level at 4.73%. Decrease of geopolitical risks in the Middle East impact short reversal in the...
The Japanese yen (JPY) remains under heavy selling pressure on the first day of the new week, pushing the USD/JPY pair above the psychological 160.00 mark for the first time since October 1986. The significant divergence in the Bank of Japan's policy outlook and the Fed's hawkish expectations continue to undermine the yen amid relatively low liquidity amid the...
After 5 consecutive weeks of strong increases, world gold has just experienced a week of decline of 2.3% in value. According to forecasters, the gold market may witness many fluctuations this week when the US Federal Reserve (FED) is expected to reiterate its stance that it is not ready to lower interest rates before the summer. Bannockburn Global Forex CEO Marc...
I saw break of structure on smaller timeframe,and we are also on daily sibi from last week,and we respected the zone of sibi.
XAUUSD Forecast: Two Predictions In Play 1. A CHANCE AT DROPPING. Strategy: Weekly candle closed with a solid bearish candle. I am predicting a selling structure as the market respects the H4 resistance & the Daily QM selling structure. Action: Selling structure until we analyse a reversal within the market. Sell until the earth’s core! Unless Elon...
The ultra-modern patron expectancies survey from the European Central Bank (ECB) suggests that euro area purchasers have revised their inflation expectancies downward for the following twelve months due to the fact March. However , they expect that inflation will continue to be above the ECB`s goal over the lengthy time period. According to survey consequences...
@All Hello new week anyone. Wishing anyone a brand new week complete of energy. Good fitness and worthwhile trading ❤️❤️ @All GOLD this morning There turned into a pretty sturdy decline. This weekend there may be Nonfarm news. Currently, the Gold fee I see is extra at the Sell side. If every person watched the Zoom consultation the opposite day, I shared...
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After 5 consecutive weeks of strong increases, world gold has just experienced a week of decline of 2.3% in value. According to forecasters, the gold market may witness many fluctuations this week when the US Federal Reserve (FED) is expected to reiterate its stance that it is not ready to lower interest rates before the summer. Bannockburn Global Forex CEO Marc...
looking at the channel, we can see nasdaq will soon drop the grey area and put bacck up again.
➡️GBP/USD is holding a range at around 1.24300 during the European session on Wednesday. A broadly bearish US dollar combined with risk-off sentiment in the market supported the pair, as traders awaited US Midsize Durable Goods data for further trading guidance. . ➡️The main trend of the GBPUSD market is still in the falling price range. The pair's resistance...