Hello BTCUSDT traders: Today marks yet another day of decline for BTCUSDT, slipping past the $66,900 support level. The price now hovers at $65,800, continuing its descent from last week's peak of $72,000. This digital currency has witnessed a 2.64% drop today, and the short to medium-term outlook still favors a bearish strategy. With a profit-target near...
Hello everyone, let's discuss and strategize together today! In general, XAUUSD is still within a tight downward price channel from its all-time high of $2195. Since surpassing the support level at $2175, it has been leaning towards a correction. It is currently trading around $2156, with a drop of $7 from its pause at $2163. This week, the price of Gold will be...
BTCUSDT is showing signs of recovery from yesterday's sharp decline, yet the downtrend isn't over due to sustained selling pressure after breaking below the crucial support level of $69,500. Our strategy today leans towards selling, as the price has retraced to the 0.618 - 0.5 Fibonacci levels, making it an opportune moment for short-term sellers. What about...
Gold Trading Strategy: Today's gold market continues to face downward pressure, hampered by lingering risk aversion sentiments that bolster the US Dollar's appeal, trapping it in a bearish trend. For short to medium-term strategies, consider prioritizing SELL positions as the charts reveal a convergence between the EMA and resistance levels. XAUUSD SELL zone is...
Hello everyone, let's discuss and plan our strategy for today! Overall, XAUUSD continues to await a correction within the expected downtrend channel. Currently, the price remains below the support level of $2175 USD, trading at $2159 USD at the moment, after reaching $2172 USD, marking a 0.13% decline for the day. So, what factors could continue to push the price...
Hello everyone, let's dive into the EUR/USD analysis together! Today, the EUR/USD is under a downtrend, currently trading at 1.087, losing 0.06% in the early trading hours! The depreciation of EUR/USD is attributed to the strengthening of the US Dollar, buoyed by robust Producer Price Index data from the US, indicating ongoing inflationary pressures in the...
Hello dear friends, today we're seeing the gold prices temporarily closing at around $2156, still submerged in a downward trend as the market is taking profits after the dizzying increase to nearly $2200 just last week. Throughout the past week, gold faced pressure due to the strengthening of the US dollar, with all news seeming to be unfavorable for this...
Hello, this is my idea about EURUSD, let's discuss it together. In general, EURUSD has experienced a significant decline yesterday, surpassing the support level of 1.0915-1.0902. At the moment, the price is testing back at 1.0886, after reaching 1.0872, marking a 0.04% increase for the day. So, what are the reasons and factors pushing this currency pair...
Hello dear friends! Currently, XAUUSD has paused after a strong recovery. The all-time high level around 2195 USD has been formed, followed by a period of correction. XAUUSD has experienced significant volatility this week, specifically breaking the support level at 2175 and testing the level at 2150. There is a possibility of further decline, but after retesting...
Hello everyone, this is the new strategy I'm discussing for USDJPY! It can be seen that USDJPY has undergone significant fluctuations yesterday, with prices surpassing 149.00 and remaining stable at this level. It is currently trading at a new high of 150.25, after reaching 140.50, marking a 0.75% increase for the day. So, what are the reasons and factors driving...
Hello everyone, it's great to see you again and discuss our current strategy. In general, XAUUSD is consolidating around the 2158 USD level, but at the same time, it continues to be within a narrow downtrend channel. Theoretically, the price will continue to gradually decrease within this downtrend channel, which will break below the support level and seek lower...
Hello everyone, let's discuss and strategize for today with me! In general, EURUSD has experienced significant price fluctuations, falling out of the uptrend channel, and completing a correction. It is currently trading at 1.0862, after reaching 1.0905, marking a decrease of 0.09% for the day. In terms of influencing factors: the relatively slow fundamental...
Hello cherished trading community! What are your thoughts on EUR/USD today? Yesterday, the pair experienced a notable decline, aligning perfectly with our expectations. It's currently orbiting the 1.087 mark, drawing some supportive momentum from its previous support levels. In recent developments, a fresh aversion to riskier assets, combined with favorable...
After some tranquil sessions, the US Dollar has regained its momentum ahead of the opening of the US market this Friday. XAU/USD dipped to $2,163.75, not far from the weekly nadir of $2,150.50, hovering slightly above the support zone. The greenback gained considerable strength following the release of the US's mixed macroeconomic figures, suggesting the Federal...
Hello everyone, let's discuss our strategy for the new day! In general, EURUSD experienced a significant increase yesterday, with a rise in price surpassing the 1.0840 level. It is currently trading at a new high of 1.0848, after reaching a milestone of 1.0860, marking a 0.02% decrease during the day. So, what are the reasons and factors that have driven this...
Hello everyone, let's discuss and devise our strategy for today! EURUSD is currently undergoing a correction after reaching the level of 1.0981 and breaking the support level of the uptrend. At present, the EUR/USD pair is receiving support as the US Dollar (USD) struggles to maintain its strength despite positive inflation data boosting US bond yields. Market...
Hello everyone, today is my idea for XRPUSDT: Currently, XRPUSDT continues to show an uptrend, within the ascending triangle. In theory, the price will break the resistance level and grow further. Based on the current situation, we are optimistic about a break from the 0.7485 resistance. This results in the price retesting another resistance level. Resistance at...
Hello everyone, this is my idea about SOLUSDT today. Currently, SOLUSDT continues to trade in an upward trend. However, now the price is facing resistance at 180.00. The trading volume is increasing as the resistance levels are being broken, indicating that the market is ready to recognize the potential for accumulation or a potential correction. On the D1...