Dear friends, from the 1-hour chart, we can observe that the upward trend has expanded continuously from the level of 1.0502. At the time of writing, the price is trading at 1.063 with a stable trend on the 1-hour timeframe. In the short term, we emphasize the price increase to $1,660 and $1,680. Touching the resistance level of $1,680 could lead to a retreat in...
Dear friends, in general, this currency pair has weakened due to the cautious tone of risk sentiment while the US dollar remains steady ahead of the Fed's interest rate decision and important employment data from the United States. The focus now is on the US data and the FOMC meeting. The data from the US on Tuesday produced mixed results, with a decrease in...
Dear friends, as predicted yesterday, the price has surged significantly. As of now, USDJPY is trading at 151.29. The Bank of Japan (BoJ) has removed the 1% cap on the government bond yield for the 10-year term, which has provided support for this currency pair. Looking at the technical picture of USDJPY on the daily timeframe, we can see that it has been...
Dear friends, Unable to surpass the $2,010 resistance level, gold experienced a loss of several dollars, declining by 0.18% throughout the day. At the time of writing, gold is trading at $1,978. Regarding market news: - The international gold market weakened after a decline in US consumer confidence. This has prompted an increased demand for holding USD,...
Hello, wonderful Karina friends! What do you think, will the price of gold increase or decrease today? Currently, the price of gold is fluctuating around $1995 at the start of the trading session. Although it has slipped below the $2000 mark, it still maintains stability at a high price level. Despite the increase in US bond yields and the strengthening of the...
Dear friends, facing the pressure of 150.50, USDJPY is experiencing a quiet trading period. At the time of writing, the price is trading at 150.44. Regarding the news: In its monetary policy decisions, the Bank of Japan (BoJ) has kept interest rates at -0.1%, as expected by market participants. This is favorable for the USDJPY pair. The Japanese economy is...
Hello, Karina's amazing friends! Today, gold continues to move calmly and there aren't many changes compared to yesterday, trading around $1995 - $1996. Although we are currently optimistic about the potential increase in gold prices due to geopolitical tensions in the Middle East, we still need to keep an eye on the Federal Reserve's interest rate decision on...
Dear friends, Generally, the upward trend is the dominant trend for GBPUSD. At the time of writing, the price is fluctuating around 1.218, and it can be seen that the price has been steadily increasing in the past few days mainly due to the stable trend of this currency pair in the short term. Regarding price prospects, we need to pay attention to two important...
Dear friends, a new week has begun and we are here to explore today's market! To start off this week's trading session, GBPUSD has shown a slight downward trend with a target of 1.207. At the time of writing, GBPUSD is trading at 1.211, undergoing a correction to retest the previous uptrend zone. The price is expected to quickly retreat from this upward trend,...
Dear friends, gold has been fluctuating around $1995 at the start of the trading session, although it slipped below $2000. However, the price of the precious metal is still holding well at a high level. Currently, the market seems confident that the Fed will maintain interest rates. However, many opinions suggest that the important information will be the message...
Dear friends, USDCAD is maintaining its strong upward momentum and is currently trading at 1.384. This pair may receive price support due to the decrease in crude oil prices. Based on technical analysis chart: Breaking out of the ascending triangle pattern has led to an impressive price increase. This upward trend is expected to continue with a projected increase...
Dear friends, escaping the price hike channel has led the product into a downturn. Currently, the price is trading at 1.0556, and traders will seek signals from Germany's growth data, as well as inflation and GDP data from the Eurozone, ahead of the reserve meeting. The Union is eagerly awaited on Wednesday. For this reason, EUR sellers will continue to sell. As...
The AUDUSD is facing selling pressure, currently trading quietly around the 0.630 area. Breaking out of the descending triangle pattern has caused a significant decline in AUDUSD. Pay attention to how it declines after breaking below the previous support level at 0.616 but recovering earlier. This setup can help traders anticipate the next move and be cautious...
Dear friends, As we predicted long ago, UJ achieved the target of 150.00 by the end of the previous week, reaching its highest level of the year. However, the end of the trading session caused this currency pair to stop at 149.59. Breaking out of the trend channel caused UJ to decline, but a confirmed support at 149.50 has led to a correction in this currency...
Dear friends, gold continues to maintain its upward trend, currently trading at $1997. Meanwhile, the US Dollar Index (DXY), which measures the value of the USD against a basket of global currencies, is hovering around 106.60 after a decline from 106.90. Positive economic data from the United States on Friday failed to boost the US dollar (USD) and support the...
Dear friends, Breaking through the resistance level of 32k (monthly resistance level) has led to an impressive price increase for the product over the past 17 months. The range of 30k to 32k will now serve as a support/buy zone until it is broken for the next price increase towards 40k! At the time of writing, the cryptocurrency market is trading below the 35,000...
Hello dear friends, the new week has begun, let's explore the market with Karina! At the start of the trading session, GBPUSD is showing a slight downward trend, with a target of 1.205. The next predicted trend is to find support at this level and then retest the area of operation for the ema 34 and 89. The price will quickly be pushed back when it encounters...
Dear friends, breaking free from the upward trend has caused a significant decrease in GU. At the time of writing, GU has temporarily halted trading at 1.2117 and is showing sideways movement above the support level of 1.2000. In the short term, we still view the decline of GU positively. As the prolonged trend continues without any signs of reversal, the...