The EUR/USD pair has shown strength as European Central Bank (ECB) policymakers refrain from committing to extending the rate-cut cycle beyond the June meeting. This cautious stance suggests that ECB officials are wary of aggressive policy easing, which could reignite inflationary pressures. Market Expectations Adjust In light of recent economic indicators...
Salesforce's recent earnings call revealed insights into its current challenges and future opportunities. Despite reporting lower-than-expected revenue and conservative guidance, the company remains optimistic. Here are four key takeaways: 1. Measured Buying Behavior : Salesforce observed cautious spending among customers, influenced by economic uncertainties,...
Apollo Hospital is aggressively retesting the previous resistance level after a strong breakout and is precisely at the 0.5 Fibonacci level at the weekly timeframe. This is a critical point for considering investing/trading futures.
The media has tricked the masses into believing the dollar is weak just because the CPI data came out a little bad for the dollar, but ING made a crucial statement this morning "The dollar awaits any domestic input to make the first move, and domestic stories are taking Centre stage". From the statement although previous data for $ on GDP came less than the...
NHPC making higher high as bull move and it ready to make one more high as keeping small stope lost you can enter
RSRUSDT is showing promising signs amidst its current downtrend, finding strong support at 0.0079. We’ve identified a robust bullish divergence paired with a double bottom formation. To capitalize on this potential reversal, we are monitoring for a breakout above the previous lower highs (LHs). This breakout will confirm the bullish trend, presenting a prime...
-Price Action -Market Structure -Rate Cuts Pending
This FORECAST IDEA I assume gold bounce back to long position on NFP next week. So for today and continue to next week we can target to short position until the zone I marking. If you already entry what I marking zone on this week, hold the position until reach the zone. >>> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could...
Gold prices have broken the support level around $2,335, where the rising trendline intersects the 38.2% Fibonacci retracement level of the March-May rally. Combined with higher-than-average trading volume will be a signal for change. Many traders are selling gold and the bearish trend may continue. In the event that XAU/USD plummets below $2,335, the 50-day SMA...
FX:XAUUSD is still bearish. The price is trying to leave the corrective range, which is formed after the false breakdown of support. The market is preparing to go lower. On the 1H timeframe it is becoming clear who is showing dominance in the market. There is no strong buy yet, apparently, before the GDP and PCE publication on Thursday and Friday, no one...
Currently 1000PEPE is forming HHs and HLs but on the 30mint time frame there is a strong Bearish Divergence and 1000PEPE could not break the previous HHs and forming Head and Shoulder pattern, so for the confirmation of the bearish trend we will wait for the break of the HLs and nick line then take a short entry.
GETTEX:NOT price action is forming a rounded bottom! Probably #Nothing Current price: 0.0067 Up Resistances: 0.0077, 0.009, 0.01 #TON
This wave of gold rebound has come to an end, and the decline is inevitable. Our strategy of selling at 2358 yesterday seems to be very correct. Today we will follow the trend. Gold has been weakening continuously, breaking through the support level of the rising trend line at 2342. The rebound in recent days has been very weak. The decline of gold is completely...
Currently, gold is clearly in a volatile upward stage, the volatility is not very large, and the price range has been running between the upper and lower counters of the Bollinger Bands. Today we bought when the price of gold fell to 2342 and successfully reached TP2355. Now the price is again near the Bollinger Band upper limit, and the opportunity to sell has...
In the arena marketplace, analysts consider that international gold fees will decline after an legitimate of the United States Federal Reserve (FED) commented on financial policy. This man or woman believes that excessive US hobby prices may be saved stable, or maybe multiplied if necessary. Immediately, the foreign money marketplace reacted. The USD multiplied...
Usd strength! After those talks of Eur rate cuts next week by Euro central bankers. Lower rates means less monies flow into the Eurozone for the Carry trade. USD is taking advantage of this and strengthening. Look at that shooting star candle on the Daily timeframe. What a pre-cursor to a massive selloff on the Eur today. The price action was giving us hints as to...
Events to pay attention to today: 15:30 GMT+3. USD - GDP q/q 17:00 GMT+3. USD - Pending Home Sales m/m 18:00 GMT+3. USD - EIA Crude Oil Stocks Change USDJPY: The Japanese yen eased on Thursday, boosted by comments from Bank of Japan (BoJ) board member Seiji Adachi on Wednesday. Adachi emphasised that bond purchases should be gradually reduced so that...
Gold technical analysis Daily resistance 2370, support below 2327 Four-hour resistance 2370, support below 2343 Gold operation suggestions: After testing the 2340 support yesterday, it stabilized and rose to a high of 2364, and finally closed at a high level, rebounding for three consecutive trading days after the plunge. From the current trend, today's...