At the start of the week, USDJPY continued to strengthen after finding support around the 150.500 region. The upward price trend is expected to extend further, with the next target for this currency pair being at 152.55 before a subsequent downward correction occurs.
Dear readers, Escaping the discount channel has resulted in an impressive price increase. At the time of writing, the cryptocurrency market is trading below the $30,000 barrier. The upward trend is strong as it consolidates at high levels with stable trading activity on a 2-hour timeframe. As a result, there is eager anticipation for SEC approval of proposed...
Hello dear friends! Today, once again the USDJPY pair has moved away from the 150.000 area. As a result, USD/JPY - the amount of Yen that can be purchased with one Dollar - has decreased after the release of the lackluster Non-Farm Payrolls, leading to a series of Dollar sell-offs. From a short-term perspective on the 4-hour chart, this decline has brought the...
Hello, my wonderful friends of Karina! It's great to see you all again for today's exchange and conversation session! Currently, in terms of trends, Yat Siu, the founder of Animoca Brands, has stated that the exchange-traded fund (ETF) will drive up the price of Bitcoin. The BTCUSD market is currently divided into two factions, sellers and buyers, and they are...
Hello dear friends, a new week has arrived, wishing you lots of energy! Today: The price of gold is touching the level of 1990-1991 USD at the beginning of Monday and performing well in the upward price channel on the 4-hour chart. Instead of concerns about the Israel-Hamas conflict, the market will now shift focus to the Federal Reserve's interest rate cuts,...
Dear friends, Currently, the USD/JPY pair continues to trade with a good price increase, within an upward trend channel. At the time of writing this article, the price is trading at 151.68. The price increase of this currency pair is supported by higher interest rates on US Treasury bonds and hawkish comments from Federal Reserve Chairman Jerome Powell. The pair...
Alexia sends greetings to all of you! Today, gold continues to maintain a downward trend. At the time of writing, the price has temporarily halted trading at $1938, the lowest level in 4 weeks, near $1940. The precious metal is facing difficulties in increasing prices due to some policy makers from the Federal Reserve expressing support for further...
Alexia greets everyone! Currently, the price is trading at $1936, unchanged from the previous trading session. Gold information: The Fed chairman continues to support the strength of the USD and high bond yields. These are significant obstacles for gold. Due to the tightening trend of the Fed, there is not much incentive to buy gold at this time. Meanwhile,...
The new week for EURUSD has not seen much volatility, with trading revolving around the price range of 1.068. However, the currency pair still favors a downward trend, with the possibility of breaking through the current support level and finding its way to the lower support area around 1.055, indicated by the trendline. As long as this currency pair continues to...
Dear valued readers, The market has been consistently consolidating in recent trading sessions, moving sideways with a strong upward trend. At the time of writing, the cryptocurrency market is trading below the 37,000 USD resistance level. The upward trend is robust as it is consolidating at a high level with stable trading activity on the 2-hour time...
Hello everyone! Overall, the beginning of the week's trading session still favors the bearish side as gold opened at $1938. The tension in the Middle East has not had a significant impact on gold prices. Despite Israel's ongoing ground attacks on Gaza in the new conflict with Hamas, the conflict has been contained so far. On the 4-hour chart, the price has...
The USDJPY continues to receive price support from market information on the USD. The price is approaching the high point of 151.700. The bearish side may take action to push the price back down, but it is possible that the price will soon surpass that high point and move towards the target of 152.xx. Novaria's idea is to form a double bottom pattern and receive...
Dear friends,as predicted earlier, gold continued to decline in the past week's session and is currently trading at $1938. The weaker consumer sentiment than expected indicates lower consumer spending growth. As a result, the precious metal has experienced its worst week in 6 weeks as Powell maintains his tightening trend. Overall, gold is expected to continue...
Dear friends, Currently, EURUSD continues to operate within a consolidation range with little change or signs of a new trend. The current price is trading around the 1.068 area, and this week it is expected to prioritize a downward movement with a long-term selling strategy as the USD strengthens, acting as a major resistance for this currency pair. If EUR/USD...
Dear friends, as anticipated, the electronics market continues to rise, with prices currently trading at $36,972. Bitcoin has been trading within an impressive upward channel since its significant surge at the end of October. The strong upward trend is reinforced by its stability in daily trading activity. Therefore, it is highly anticipated that the price may...
Alexia hello every one! Bitcoin has gradually been trading higher since a major move at the end of October. As seen on this chart, a parallel price channel has been established and is still functioning well. Just as predicted yesterday, the digital currency continues to rise and is currently holding at a high level above $35,000. As of the beginning of today,...
Alexia greets everyone! Today, the EUR/USD is witnessing a slight recovery on Friday, halting trading at 1.0684, receiving support from a cooling US dollar (USD) after a week of stable gains that caused the Euro (EUR) to drop nearly a whole percentage point from its Monday high of 1.0756. Next week, we will see the EU's Gross Domestic Product (GDP) figures on...
Today, Gold continues to experience a slight decline and is currently trading around the range of 1954 USD - 1956 USD after reaching its lowest level in three weeks. From the 1-hour chart, we can see that Gold has shifted towards a downward trend. The strong US Dollar index and rising interest rates in the US Treasury bonds are negative factors for Gold. The...