RalphBenjamin, hello everyone! As RalphBenjamin mentioned in last week's analysis, XAUUSD's outlook remains positive after the correction and recovery period, especially as it quickly bought back the dip and retested its all-time high ATH at 2270 USD mark yesterday. It is currently trading at a new high of $2282, after surpassing $2270, marking a strong $12 gain...
Hi everybody! Overall, EUR/USD is struggling to gain any significant momentum and remains confined just below the 1.0800 level. This development appears to be influenced by the convergence between the EMA and the response from the respective ports. Looking Ahead: Heading towards a much-anticipated reflation release from Europe, the Euro (EUR) is struggling below...
Strategic Insight on BTCUSDT: Hello, traders! Are we leaning towards buying or selling BTCUSDT today? Observing the 1-hour chart, BTCUSDT has breached the ascending trendline, currently facing a decline of 2.25% for the day, orbiting around $69,515. From a technical standpoint, the indicators and current trajectory seem to favor a sell strategy. My eyes are set...
Hello dear friends! Today we are leaning towards the selling strategy. As evidenced by a close observation from the 1-hour chart, XRPUSDT has breached the ascending trendline off the mark leading to a false breakout, currently facing a 0.05% decline on the day, and is still rotating. hovering above the 0.5725 reactive support level and below the 0.6150 resistance...
Hello dear friends! Just like my prediction before, the formation of 2 peaks caused the product to decline in price promisingly. At the time of writing, the crypto market is trading at the 187.59 mark and remains confined below the 205.00 resistance level. The downside potential is very strong as it has formed a stable top pattern on the 1D chart. Therefore,...
Hello, it's nice to meet you again to discuss and strategize for the new day with you! Overall, GBPUSD had significant gains last week, with prices rising and surpassing the 1,250 level. It is currently trading at a new high of 1.054, after touching the 1.0365-1.0364 mark. So what are the reasons and factors driving this currency pair? Regarding the developments...
Hello dear friends, let's discuss BTCUSDT and discuss strategies for the trend! Overall, BTCUSDT has been stuck in a downtrend with the price currently trading around the $66,422 mark. At the same time a bearish wedge is forming, theoretically the price support will break the support and quickly correct further. In particular, the fundamentals are negative for...
Gold's relentless surge to new record highs in the opening session of April is fueled by the anticipation of US interest rate cuts and its allure as a safe-haven asset, currently holding strong at around $2255. The real driver behind gold's ascent is the growing belief among investors that the US Federal Reserve is set to ease monetary policies. Market watchers...
Dear friends! Overall, BTCUSD continues its downtrend within a narrow range at all-time highs. At the same time, a triangle is forming. Theoretically, the price should break the $65,000 support and correct further. First of all, investors are paying attention to the important Bitcoin Halving event, an important milestone signaling a decrease in Bitcoin supply....
Gold retreats from its newly set record high of $2,265.58 per troy ounce. Initially gaining in the Asian trading hours, XAU/USD reversed its course during European trades, now hovering around the $2,250 mark, bolstered by the US dollar's surge following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests gold may undergo further...
Hello everyone, nice to meet again for today's strategy recap and discussion! As I predicted earlier, buyers lacked momentum as they approached the resistance at $73,700. Accordingly, in general BTCUSDT continues to stabilize at high levels, with a steady uptrend on the 1D chart, however, at the same time by technical analysis we can see that, the price range...
Hello everyone, I'm back so let's discuss strategy with me today! Overall, it can be seen that XAUUSD's long-term uptrend is showing signs of weakening, especially as it quickly bought back the decline and retested its all-time high resistance at the $2265 mark. At the same time, two peaks have formed, the price may react similarly any buying activity by the...
Hi everybody! Let's discuss! Just as I predicted yesterday, BTCUSD has undergone a significant retracement, as evidenced by the price breaking out of the previous flat area, plummeting to $66,700 and creating a huge liquidity zone. The outlook suggests a further decline, according to statistics the strongest volatility is after the breakout. As long as it remains...
Hello all dear traders. Nice to meet you again to discuss the SOLUSDT trading strategy today! SOLUSDT continues to form a corrective trend. Prices broke above the psychological support level of 190.00 and have now leveled off after the previous strong sell-off. It is currently steady at the 184.63 mark, since the breakout and correcting accordingly, marking a...
Hello dear friends! Overall, BTCUSD experienced a significant downturn, plummeting below the $68,000 mark. The outlook now, points to further declines as it has broken out of the recent consolidation period. In the short term, according to the H4 setup, the cryptocurrency market may recover to retest the breakout point, however the recession scenario is not over...
Hello dear friends, let's explore USDJPY after a series of strong price increases! On impact news: the US Dollar (USD), so far, is struggling to gain any meaningful traction amid bets that the Federal Reserve (Fed) will begin interest rate cut cycle in June, supported by US Personal Consumption Expenditures (PCE). Index on Friday. This could further contribute...
Hello dear friends, let's explore the price of XAUUSD after the significant fluctuations yesterday! Regarding the developments and news outcomes: Gold is currently trading at $2,253 per ounce, with a 0.09% increase for the day. Overall, the volume is still decreasing. The upward trend has paused after a strong surge. Looking ahead: Many central banks have...
Strategic outlook on SOLUSDT: Today, SOLUSDT is currently consolidating around the range at high levels. currently at $196.92, marking a drop of nearly 2.68 on the day. Currently, any upside or downside breakout of SOL brings strong volatility. According to statistics, the strongest fluctuations occur after a false breakout. In general, at this time the market...