📈💰 Welcome to Your Channel! Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Today, let's dive into the exciting world of cryptocurrency, focusing on Ethereum. 📉🔍 What Happened in the Gold Market Last Week? Several impactful news events...
From the specified support area, we can expect a reaction in the direction of buying
10th June DXY: Consolidating at 105.30, could retrace slightly, looking for a continuation higher to 105.60 resistance NZDUSD: Test and reject 0.6140, Sell 0.6130 SL 20 TP 50 AUDUSD: Sell 0.6585 SL 20 TP 65 USDJPY: Complete retrace, Buy 156.75 SL 30 TP 65 GBPUSD: Sell 1.2745 SL 20 TP 60 EURUSD: Look for reaction at 1.0720 USDCHF: Buy 0.9030 SL...
The international gold marketplace final week constantly acquired critical records, inflicting costs to constantly reverse. Notably, at the final buying and selling day of the week, the marketplace suffered shocks that prompted costs to constantly "plunge". In simply 1 day, gold misplaced greater than 3.5%, marking the most important intraday sell-off considering...
announcement on monetary policy of the US Federal Reserve (Fed) The world gold market last week continuously received important data, causing prices to continuously reverse. Notably, on the last trading day of the week, the market suffered two shocks that caused prices to continuously "plunge". In just 1 day, gold lost more than 3.5%, marking the largest intraday...
Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal. Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted. Using a price forecast that is a...
💎#POLYXUSDT has successfully broken out from a Symmetrical Triangle, positioning it for a potential bullish rally. Currently, with robust momentum at the $0.40 support, there's a high probability for #POLYX to challenge and potentially overcome the resistance level ahead. 💎However, if #Polymesh cannot sustain this momentum and dips below the $0.40 mark, we might...
The 10Y US Treasuries reacted to jobs figures data posted on Friday. The data were somewhat mixed. On one side, unemployment for May showed an increase to 4.0% from 3.9% posted for the previous month. On the other hand, the non-farm payrolls with 272K jobs added, significantly surpassed market expectations of 190K. The market is expecting for the jobs market to...
The price of gold was holding during the week, reaching its highest weekly level at $2.380. However, Friday`s trading session brought some negative sentiment to this market, which was both impacted by the US jobs data and moves from China. Namely, on one side the US posted data showed further weakening of the US jobs market, where the unemployment rate was...
Increasing unemployment is not suggesting that the economy is in its perfect shape, however, under current circumstances, markets are reacting positively to such news. This comes from their optimistic view that the rise in unemployment would push Fed officials to decrease interest rates and in this sense, create better conditions for the future growth of the...
The non-farm payrolls figures were in the market focus during the previous week, when macro data are in question. Surprisingly, they have been increased to the level of 272K, in May, much higher from the market expectations of 185K, and from 165K posted for the previous month. The unemployment rate in the US reached the level of 4% in May, from 3.9% for the...
Previous week was the one devoted to macro data. There has not been much developments on the crypto market fundamental side which impact the market sentiment. The US jobs data were the ones that shaped investors sentiment, in which sense, investors were more oriented on traditional markets. The price of BTC was moving again in a relatively short trading range,...
Last week in the news Macro fundamentals were the ones that significantly moved markets during the previous week. The US jobs data were the ones that strongly pushed market expectations that the Fed might cut interest rates during the course of this year. The US Dollar gained during the week, while the price of gold sharply dropped to the level of $2.293. US...
🌐 Analysis of the AUD/USD pair, look for selling areas only and buying and scalping for correction only
In his very last feedback earlier than the week of again-to-again Fed officers talking in advance of today`s meeting, Powell stated he predicted inflation to fall again on a month-to-month foundation to decrease ranges visible withinside the 2nd 1/2 of of the year. It's a first rate shift in messaging, in step with Ellen Zentner, leader US economist at Morgan...
A flow subsequent week is off the desk due to the fact Fed officers have pressured the want to be affected person because the decline in inflation has proven a loss of development over the primary sector of the year, stated Ian Pollick, head of constant earnings method at CIBC Capital Markets. Economists typically agree that the sturdy May task report, launched...
This is a short term and risky Iron Condor for 7th June, going over earnings on 5th June, but with high premiums. Iron Condor = Buy Put 105 Sell Put 117 Sell Call 126 Buy Call 137
This Condor ending 7th June, reached its target (just) with 100% profit and allowing to keep the full premium. Iron Condor = Buy Put 105 Sell Put 117 Sell Call 126 Buy Call 137