Hello everyone, we start a new day with new opportunities. Today, let's analyze and devise a strategy for BTCUSD, the market leading cryptocurrency. BTCUSD continues to maintain in its strong bullish channel. Despite some headwinds in maintaining its upward momentum after hitting a new high at $71,750, it is currently at $69,538, up a slight 0.17% on the day. In...
Hello everyone, let's discuss and strategize today! In general, gold continues to move sideways in the 2185-2150 range, without too many significant fluctuations. It is currently trading around the $2,170 mark, marking a 0.05% decline on the day. Amid strengthening dollar index, pressure from 2185-2180 resistance appears on gold. XAUUSD set a new peak last week...
Hello everyone, let's discuss and strategize with me today! Overall, GBPUSD fell exactly as I predicted. Accordingly, it remains confined below the 1.2650 resistance level, the pair is currently trading at 1.2614, after hitting 1.2637 marking a 0.21% decline on the day. Meanwhile, it is worth noting that: The US economic calendar will not provide any data...
Hi everybody. Let's discuss and strategize for the new day! Overall, USDJPY is opening up a huge liquidity zone from the 149.00 mark. It is currently trading in a range around 151.85-150.98, after hitting 151.87, highlighting a 0.04% decline on the day. USD/JPY extended its consolidation period below 151.50 during the Asian session on Tuesday. Fears that...
Hello dear friends, Let's discuss and plan our strategy for the new day together! In general, XAUUSD is facing difficulties in surpassing the resistance level of $2222. However, it remains stable within the ascending channel. Moreover, upon careful observation, we can see that a cup handle is gradually forming. Based on these factors, my expectation is for a...
Dear friends, USDJPY continues to regain some momentum as it recovers the 152.00 level, but the overall and long-term trend remains upwards. In the short term, UJ may still face pressure from the modest retreat of the USD. Meanwhile, investors are still awaiting news that could have a significant impact on the market. Specifically, the US economic report on...
Hello dear friends, nice to meet you again, let's discuss and strategize to specifically evaluate today's trends with me! Looking ahead to news impact on gold: In the medium term, Gold could be significantly impacted by the USD rebound. Meanwhile, Gold continues to trade in an expanding upward trend. Specifically, the short-term trend is to increase and the...
Hello dear friends! XAUUSD continues its uptrend, currently at $2189, marking a loss of nearly 0.24% on the day. Overall, XAUUSD is having difficulty approaching the $2200 resistance level, in line with our prediction yesterday. Looking ahead: One of the factors driving gold prices today is that the market increasingly expects the US to reduce interest rates by...
Hello dear friends! ETHUSDT is operating well in its upward channel. It is currently trading at a high of $3619, after hitting $3680, marking a 0.91% gain on the day. In the short term, ETHUSDT will likely still struggle from the $3650 resistance level. However, the technical outlook remains bullish and somewhat reinforces the continued upward trend. I expect,...
Hello, community! Today has been a positive turn for ETHUSDT, continuing to be dominated by bullish sentiment. As previously predicted, ETH has shown a strong rebound, demonstrating its strength from a crucial support trendline. Technical Analysis: Utilizing the Exponential Moving Averages (EMAs) with periods of 34 and 89, we observe that ETHUSDT maintains its...
Hello smart and wealthy traders, what do you think about BTCUSDT, bullish or bearish? In the short term, the price could correct, a false breakout could see the price fall sharply. In particular, maintenance will lead to price increases. Technically: EMA 34 is leaning towards a continued uptrend. Given the current scenario, I recommend prioritizing a buying...
Hello everyone, let's dive into the EURUSD dynamics together! The EUR/USD pair has extended its decline from the previous day's rejection at the Simple Moving Average (EMA) resistance around the 1.0865 area, facing selling pressure for the second consecutive day on Wednesday. Nonetheless, the spot price endeavors to stay above the 1.0800 mark during the Asian...
Hello everyone, it's a pleasure to reconnect and discuss today's strategy together! In an unexpected turn of events, XAUUSD experienced a significant surge, resulting in a false breakdown above the $2170 resistance level. Presently, it is trading around $2177, following yesterday's Gold session where it briefly touched $2200 before dropping by $24 at the time of...
Hello dear friends, let's learn about Bitcoin! Discuss and develop our strategies for today. Recently, BTCUSD has experienced significant breakthrough volatility above the $70,000 mark, thereby reinforcing the upward momentum and establishing a new extended path for the bullish side. Overall, the market is currently trading below the resistance level of $71,555...
Hello dear friends! Today: Gold price touched 2180-2175 USD and performed well in an upward price channel on the 4-hour chart. Looking ahead: Traders see a 71% chance the Fed will cut interest rates by June 2024. Low interest rates increase the appeal of non-yielding assets like gold. On the new outlook for XAUUSD: From the 2h chart, the Short-Term Technical...
Hello dear friends! Today, XRPUSDT continues to trade in an upward direction. It is expected that in the near term, the long-term upward price trend of XRP will continue. The price has reached the perfect level indicated by the 34.89 EMA technical indicator, so would be bullish with a target of 0.6700, a consolidation or hold above this level would open the door...
Hello everyone, let's discuss and make short-term strategies with me! Overall, GBPUSD broke out of the bullish channel yesterday leaving the product significantly bearish with the price falling above the 1.2625 level. It is currently trading at 1.2637, with the correction marking a 0.03% decline on the day. Looking ahead: GBP/USD could test the psychological...
Hello everyone, let's discuss and strategize today! The EUR/USD pair extended the previous day's rejection slide from resistance near the 1.0865 area and remained under some selling pressure for the second straight day on Wednesday. However, EURUSD manages to hold above 1.0800 during the Asian session. In the short term, the pair remains supported around 1.0800....