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....
Hello dear friends! Let's recap the market and discuss our new plan, shall we? Overall, the EURUSD downtrend continued last week. Currently, EU is trading at 1.0840, after hitting 1.0802 yesterday, marking a 0.02% gain on the day. The trend from last week has been mostly down, as price facing strong support at 1.0800 (as shown on chart 1d) has turned bullish but...
Hello friends, what do you think about Bitcoin's next trend? BITSTAMP:BTCUSD Specifically, in general, the price quickly surpassed the resistance level of 65,000 USD and increased strongly until now. Technical analysis shows that the 34 EMA is forming a reversal signaling further price increases for this Bitcoin coin. With the possibility of a DOW forming,...
Hello everyone, let's discuss and plan for our new day! In general, currently GBPUSD continues to trade in a downtrend, similar to the influence from last week's down channel. It is currently halted at the 1.2640 mark, after reaching the 1.2655 mark, marking a 0.03% gain on the day. GBP/USD markets attracted some buyers for the second day in a row, despite a...
Hello everyone, let's discuss and strategize with me today! Exiting the bearish channel has fueled an impressive price increase for this coin. At the time of writing, the price is trading below the 0.6400 resistance level which is very bullish as it consolidates at high levels with steady trading activity on the 1-hour chart. On the 1H chart, XRPUSDT while still...
Hello friends, XRPUSDT continues to trade in an upward trend. In general, in today's trading session, the market was relatively quiet. At the same time, a rising triangle pattern in a narrow range is forming. Theoretically, the price should break the resistance, which would create a false break at 0.6360. On H1 structural resistance at 0.6360 is holding a break...
Hello everyone, let's discuss and strategize with me today! Overall, BTCUSDT continues to trade in an upward trend. Strong support at $63,800 has fueled impressive price increases in a stable bullish channel on the H4 timeframe. Currently, BTCUSDT is trading around the $70,375 mark, with the possibility of correction. On the H4 chart, BTCUSDT volume is still...
Hello everyone, let's discuss and strategize with me! Breaking out of the $3,500 resistance level pushed the product up impressively. It is currently trading at a new high of $3,631, marking a gain of 1.16% on the day. The uptrend is strong, as it consolidates at high levels with steady trading activity on the 4-hour timeframe The outlook is positive, along with...
Hello everyone, nice to meet you to discuss and strategize for the day. ETHUSDT continues to consolidate below the $4000 resistance level, continuing to face an alarming downtrend, with the price currently hovering around $3465, marking a 0.30% gain on the day. At the same time, a descending triangle setup has formed. Theoretically the price will break the...
Greetings everyone, let's come together to discuss and plan for the upcoming day with me! Concluding this week's trading session, the EURUSD experienced a decline, reaching 1.0806. Despite the bearish trend, it is currently trading above the 1.0800 mark. The primary reason behind this price drop is the strengthening of the revitalized US dollar, which has...
Hello traders, what do you think about gold? Overall, the Gold price opened the new trading week by surprising traders, XAUUSD hitting 2176 USD, after hitting 2165 USD at the close of last week's trading session, marking an increase of 110 pips (equivalent). for 0.53% ) intraday value. In the short term, bulls may continue to advance further, although it may have...
Hello everyone, let's discuss and strategize for speculators next week! Overview: Gold prices today have not stopped falling due to strong selling pressure, after reaching a new record high of over 2,220 USD/ounce many days ago. On the other hand, in the context of the USD rising to its highest level in more than a month, gold becomes more expensive for holders...