GOLD analysis Fundamental analysis There is news on Friday and one in monday as conformation that if the dollar is negative, it will be weak and we buy gold UBDATE Technical analysis We notice that the price has breached the support line. We believe that the price will decline further towards an important area 2283
will see today what big sharks decide for this stock and I will jump with them before the earning day, if they decide to short I will follow.
The recent increase of cocoa in the past months caused investors to sell their purchases and take their profits, and this caused the correction of the price of cocoa, and finally the price will reach its ceiling again, for this re-increase, consider the two-month time frame. I will take it and specify 5 targets for it.
Yesterday, our 2322Sell signal made profit again. Unfortunately, the market fluctuated very slowly yesterday and did not reach TP1:2308 until the early morning. Today, the market is still relatively strong for shorts, so today’s focus is still on the high Sell during the rebound. Gold's rebound is a chance to go short. Until the trend changes, gold's rebound is...
9th May DXY:Look to break out of consolidation, push up higher to 105.80 (61.8%), could retest trendline, rise to 106.10 NZDUSD: Sell 0.5975 SL 20 TP 40 AUDUSD: Buy 0.6595 SL 30 TP 60 (dxy weakens) USDJPY: Buy 156.25 SL 30 TP 70 GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Buy 0.91 SL 20 TP 40 (break out of consolidation) USDCAD:...
Johnson Matthey's latest report on the platinum market reveals an impending supply deficit not seen in a decade, despite some expected declines in vehicle production. The shortfall, exceeding 600,000 ounces, is driven by sustained demand across industries like automotive and industrial applications, particularly in China. Key Points: - **Supply Shortfall**: The...
The EUR/USD exhibited a modest bearish tone and closed in negative territory during Tuesday's trading session. Despite attempts to recover, the pair struggled to regain traction after reaching a peak of 1.0800 in recent days. Looking ahead, today's economic calendar appears relatively quiet, with no high-impact data releases scheduled. However, market participants...
Gold traders have been struggling to find a direction in recent weeks as some of the key drivers have diminished. XAU/USD has been hovering around $2,310 for the past eight days as there is a lack of drive to be either a seller or buyer under the current conditions. The de-escalation of tensions between Iran and Israel has removed some of the bullish appetite in...
AUDUSD after last week's economic events, accumulated and is close to a price distribution process, with notable volume maintained the trend of the asset remaining above the EMA 200 after the opening of the London session again came to test with notable volume resistance, but returned the trend, if the asset moves very slowly give priority to TP1. The asset...
We can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones. For example 1st wave there will be sharp 100 pip move and pull back of 35-50 pips 2nd wave Again we can see 70-80 pip...
Now that the price reached the PnF objective zone and is touching the supply line of the down-trend channel, is possible to open a short position and wait the price to re test the las low area.
Teva Pharmaceutical Industries, historically renowned in the generics market, is undergoing a strategic transformation led by CEO Richard Francis. This shift focuses on innovative drug development, aimed at reshaping Teva into a major player in novel therapies. Recent successes in clinical trials and upcoming biosimilar launches are fueling investor confidence and...
The US crude oil benchmark is currently trading around $79.50 on Friday, marking a continued decline from its recent peak of $88.00. This downward trend is attributed to several factors, including rising crude inventories in the United States and diminishing expectations for interest rate cuts from the US Federal Reserve (Fed). The Fed's decision to maintain...
Spot international gold stands round 2,309.5 World gold costs reduced unexpectedly withinside the context of the USD rebounding withinside the midst of an volatile international The USD has persisted to boom in fee as compared to maximum different currencies on the grounds that the start of the yr, thereby making traders concerned. Since the start of the yr till...
high probability that the AFKS continue rising after overcoming the drawn level
Spot world gold stands around 2,309.5 World gold prices decreased rapidly in the context of the USD rebounding in the midst of an unstable world The USD has continued to increase in price compared to most other currencies since the beginning of the year, thereby making investors worried. Since the beginning of the year until now, the USD has increased about 4%...
Here is a look at the current range I am looking at. We are currently trading in the 1H imbalance (blue box) and we have some liquidity and stops resting around the 15min FVG (red box) which can still be traded through. IF we head back towards the FVG and fail to close outside of it I will look to short from there. IF we hold from here and fail to break...
Pivot 78.60 Our preference Long positions above 78.60 with targets at 79.65 & 80.45 in extension. Alternative scenario Below 78.60 look for further downside with 78.15 & 77.70 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 81.30 80.45 79.65 79.35 Last 78.60 78.15 77.70 Number of asterisks represents...