Dear valued readers, at present, we are witnessing a significant recovery in the price of gold. This precious metal continues its journey to recoup the levels it lost before, with stable trading at 1855 - 1856 USD. Meanwhile, the ongoing conflict in the Middle East may have an impact on major economies in the coming months, including the potential influence on...
Hello traders! On the 1D chart, the downtrend channel continues to be active, and gold is still developing positively this week with a high price of $1883. However, it has not yet broken out of the prolonged downward trend. Expectations are that after gold reaches the upper limit of the uptrend channel at $1910, there will be a drop. On the other hand, breaking...
Hello dear friends, Today, the price of gold is at its highest level in two weeks, reaching nearly $1,880. Gold is trading more firmly thanks to the decrease in the yield of US Treasury bonds due to the latest meeting minutes from the Federal Reserve yesterday. From a technical analysis perspective, when the Bollinger Band range narrowed around the 1820 mark last...
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Dear beloved friends, currently the BTC has not yet ended its downward trend. After breaking important supports today, BTC on the 1-hour chart is showing a sideways movement with a break of the downward trendline at 26,756 USD. Therefore, there is a possibility of a slight recovery in the short term. However, the downward momentum is still strong on larger...
Hello traders, In today's analysis chart, EURUSD has broken out of the uptrend with the current price trading at 1.0544. The price is experiencing a slight recovery, but the overall trend remains bearish. The target for the downward move could potentially be the support level at 1.0460, as shown in the 4-hour analysis chart.
Hello smart traders. What do you think about EURUSD today? EURUSD is consolidating its upward momentum from yesterday, with the potential for a breakout and price increase today. Currently, the price is fluctuating around 1.062, and the upward trend is still favored by buyers. Therefore, breaking the 1.064 level would be a strong advancement for this currency...
Hey traders, what are your thoughts on GBPUSD today? On the 1-hour chart, the GBPUSD pair has confirmed its upward trend by breaking through the previous level of $1,216. It is currently being traded at 1,231 USD. In terms of the GBPUSD forecast, we still favor the upward trend, with support at 1,227 and a target of 1,233. Alselv's preferred target and outlook...
Hello! On today's analysis chart, we can see that the upward trend of USDJPY has been broken out at the price level of 149.15. USDJPY has failed to reach the expected level of 150.00 as the downward trend is forming, and the price is currently trading at 148.67. Regarding predictions, there is a possibility that the previous important level of 147.80 will be...
Hello dear friends! BTCUSD today continues to decline as predicted after failing to surpass the price level at $28,000. At the time of writing, BTC is currently trading at $26,807. Let's delve into the analysis a bit. By observing the 4H chart, we can see that BTC is heading towards the nearest support level at 26,530 and the psychological support level at...
Hello dear friends, What do you think today about GBPUSD, will it rise or fall? On the 1H chart, after surpassing the resistance level at 1.227, GU has gained momentum to continue moving upwards. The bullish trend is still prioritized, with the current resistance level at 1.233 and support at 1.225. Karina's target for this uptrend is the high level at...
Hello dear friends, Currently, USDJPY is continuing to strengthen its price levels after several days of sideways trading within a narrow range of 149.42 - 148.32. However, in the long-term perspective, USDJPY may still continue to rise as this currency pair is receiving recovery due to the positive risk sentiment amid the conflict in the Middle East. The...
Dear beloved friends, What do you think, will USD JPY rise or fall today? From observing the 1-hour chart, as predicted by Karina UJ yesterday, it has increased as expected with today's price fluctuating within the range of 149.13. However, this currency pair has not yet broken through the nearest resistance zone at 149.43. On the other hand, the Bollinger Band...
Hello dear friends! Gold is currently increasing as we predicted yesterday, with a reversal from the EMA 34 and 89 opening up an upward trend. Additionally, gold has received a price boost as news from last night caused the USD to cool down and adopt a defensive stance, helping gold bounce back. From a technical analysis perspective: Gold needs to maintain its...
Hello dear friends, What do you think, will EURUSD rise or fall today? From the 1-hour chart, we can observe that the price is consolidating with the possibility of a breakout at any moment. Currently, the price is fluctuating around the level of 1.062, with a continued upward trend being favored. According to Karina, the price may breakout at 1.064 due to the...
Dear friends, Currently, GBP/USD is experiencing a continuous increase and has reached its highest level in nearly three weeks, trading at 1.2292 and preparing to touch the 1.2300 mark. The reason behind this upward movement may be attributed to the decrease in US bond yields and the positive risk sentiment, which weakens the USD and supports GBP. Looking at the...
The price of precious metals remains stable following the Israel-Hamas conflict, with no significant increase in the demand for safe-haven assets like gold. Currently, gold is trading at $1860 per ounce. The lack of momentum in the USD, following a stronger-than-expected jobs report on Friday, has led many investors to believe that the greenback may have reached...
Hello everyone! Today, the BTC continues its downward trend after slipping from its high of $28,000. Currently, BTC is trading around the $271.12 price range with no signs of stopping its decline. On the chart, we can observe that the uptrend has been broken with a breakout at $27,633. This area also marks a reversal signal from the EMA 34, indicating that a...