The recovery in gold prices weakened as the US dollar rebounded. During the March 26 session, gold prices rose back to $2,195, but as soon as data on the number of US durable goods orders was announced, gold adjusted back down. Price support is currently located around the old peak at $2,144.5 There won't be much major news coming out in the near term, so all...
Gold is unlikely to reach a new record high before Easter unless there is significant news that strengthens the case for an earlier rate cut. Reaching record highs later this year and gold price forecast The precious grade will reach 2,350 USD/ounce in the first quarter of 2025. Besides, gold prices are also supported by physical demand from households in China....
The recent weakness in the yen, which comes despite the Bank of Japan's first interest rate hike in 17 years, has prompted warnings about possible Japanese government intervention. The warnings, especially comments from Japan's top currency diplomat Masato Kanda, helped stabilize the yen. For now, the focus is on upcoming consumer inflation data from Tokyo, due...
Dollar constant with PCE inflation and Fed remarks in focus The greenback index and greenback index futures fell throughout the Asian consultation on Tuesday, extending in a single day losses because the dollar noticed a few profit-taking after growing to an intraday high. one month. Still, investors stay closely biased in opposition to the greenback in advance...
The expectation for the S&P 500 is an inside day on Wednesday as the market evens up midweek.
Have you seen a finer chart in your life ? I think not. You will find yourself awash in undeserved riches. Remember, fortune favors the brave. No guts, no glory. Remember, you control your own destiny. Ya snooze, ya lose. LUNA was a cruel joke, a laff for some. not so much for others. Now, just to remind you where you are in the crypto universe, I did a few...
World gold prices inched up slightly with spot gold increasing by 5.7 USD to 2,176.5 USD/ounce. Gold futures last traded at 2,177.6 USD/ounce, up 4.6 USD compared to yesterday morning. The world gold market fluctuated slightly as investors were still waiting for US inflation data later this week to know more about when the US Federal Reserve (Fed) will begin to...
📣 Hello Mates! We observed BTC going bullish continuously for the last several months, but suddenly it dropped from 73000 and retraced back to 60000. As we mentioned in the previous chart, the market would rebound from 72000 or 73000, which is now acting as our resistance. Indeed, the market bounced back from there, fulfilling both of our target markets. For...
I think this count is correct although it's not inception data i did check it on cmc/coingecko and the counts still look to be the same somewhat - we should finish correcting soon most likely and if there is any juice in this scam it will go parabolic to new highs starting wave 3.
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 1.2618, positioned near...
Nzd and aud weak after the news, Ned's been weakened for the past weeks, after a chaoch nzdusd seems to head downward direction, after breaking a minor support we expect a bearish move.
According to ChatGPT: Yes, end-of-quarter sell-offs are a phenomenon observed in the stock market where investors may sell off their holdings toward the end of a financial quarter. There are several reasons why such sell-offs occur: Portfolio Rebalancing: Institutional investors, such as mutual funds and pension funds, often rebalance their portfolios at the...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the...
HELLO LOOTERS, This is our master plan to Heist Bullish side of GBP/jpy Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target 2 area.
GBPJPY falling soon which is generally considered a signal of weakening momentum often followed by pullbacks or reversals In this case it might be a signal for a pullback into the lowered bound Of the channel but we will need a catalyst to kick off such a big corrections
Here is a small quick profit for $70,359. Found a double mini top on a 5 minute TF. Regression trends with trend lines.
Looks to have completed a larger wave 1 and we're in the process of completing wave 2 - correction can end at any time really and we start blasting higher again (Wave 3) - upside potential here should be huge.
NYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce...