Dear friends, GBPUSD continues to decline as predicted yesterday. It is currently trading in a narrow range around 1.2110. We are awaiting new catalysts from the Fed Chairman's speech later today to determine a clearer direction for the future. Regarding technical analysis: The market has formed a strong resistance level, acting as a consistent boundary. The...
Dear friends. At the end of this week's trading session, the GBPUSD market has not experienced any significant breakthroughs and is currently consolidating around the 1.216 level, remaining relatively stable. However, this currency pair is facing pressure from a 0.9% decrease in retail sales in the UK compared to the previous month in September, as opposed to the...
Dear friends, BTC continues to rise as predicted, with the candle's wick reaching the $30,000 mark. However, it has encountered difficulties in maintaining its upward momentum. Currently, it is trading around $29,740. On the other hand, the breakout from the upward channel and the strong increase lead me to believe that BTC will experience a slight correction...
It's not surprising to see Gold inching closer to the $2000 mark as tensions escalate in the Middle East. Apart from political instability, gold is also supported by concerns of another interest rate hike by the Fed in 2023. Thus, we have witnessed a strong recovery in the price of gold. The 30-minute timeframe shows that gold is trading relatively calmly while...
Hello traders! It seems that USD JPY is still struggling to overcome a strong resistance zone around 150.000. Looking at the 1-hour chart, we can see that UJ has not been able to surpass the 150.00 level. However, there have been consistent upward movements with continuous price increases and a narrowing range. Any breakout from this range could potentially...
Hello traders! Yesterday, there was a moment when USDJPY almost reached the 150.000 level, but luck has yet to smile upon this currency pair. Nevertheless, we can see that despite not being able to achieve the 150.000 target this week, UJ has maintained a good price increase and stable trading at high levels. At the time of writing, USDJPY is operating at...
Hello traders, Currently, on our chart today, the uptrend that started last week is still being executed steadily. The price is trading within the range of the EMA and there are no signs indicating a breakout from the trend. It is expected that the price will continue to maintain the upward trend, with trading ranging from 1.055 (lower limit of the price uptrend...
Hello traders! After receiving important information from the speech of the Fed yesterday, the Gold had a new breakthrough to the highest level in the last 2 weeks at the threshold of 1979 - 1980 USD. Currently, the price is gradually reaching the peak of $ 2000 with good support from the Breakout area of 1945 USD. My goal is to establish a Sell position in $...
Hello traders! Yesterday, gold received important information from the speech of the Fed chairman, and it reacted strongly as the price continued to rise and is currently trading at $1886, an increase of about $13 in a day, reaching the previously set target of $1970. The recovery of the precious metal is supported by the decline of the US dollar (USD) after...
Hello dear friends! What do you think, will GBPUSD rise or fall today? Currently, GU is fluctuating around the price level of 1.210 with a slight decline. It can be observed that GBP/USD is gradually losing points, closing at 1.2100 after disappointing Retail Sales data in the UK with -0.9% MoM in September. Escalating tensions in the Middle East continue to...
Hello traders! After a tremendous increase in the price of gold last week, reaching an impressive figure of up to 1996 USD, we are now witnessing a slight decline in this precious metal at the beginning of this week. Currently, gold is trading at 1970 USD, experiencing a decrease of approximately 10 USD in a day. From analyzing the gold chart, it can be seen that...
Dear beloved friends! In the dynamic world of cryptocurrency trading, the BTCUSD pair has emerged as a focal point for investors seeking growth opportunities and capital preservation. Currently, BTC continues to strengthen its upward momentum with prices hovering around the $26,900 mark. The current environment is favorable for BTC, and as such, my price target...
Hello dear friends! Today, BTCUSD continues to maintain its significant price increase after rising above $28,000. This is a great sign for future price hikes. From the analysis chart on the 1-hour time frame, it can be seen that the price is currently moving sideways within a narrow range of $28,600 - $28,200. It is expected to experience another decrease...
Dear friends, in today's trading session, EURUSD is currently consolidating at a high level around 1.0577, which coincides with a resistance level. On the other hand, the overnight speech by Federal Reserve Chairman Jerome Powell has led to market instability and unclear trading throughout the day. "The market is in turmoil, anxiously awaiting a move: gold and...
Hello dear friends! Is the question you are currently interested in whether EURUSD will rise again or continue to decline? Let's find out together with Karina! From the 1D analysis chart, we can see that EURUSD has been continuously declining since reaching a high of 1.128. Despite some recovery phases, it seems that it is not enough to bring the price back. The...
Dear friends, it appears that the Fed is still committed to its inflation goal. However, increasing political instability could quickly push gold up to $2000 per ounce. Since the conflict in the Middle East began, the demand for safe havens has helped gold rise by nearly $120. At the time of writing, gold is trading around $1978 - $1980. It is evident that gold...
Hello traders! The Euro (EUR) is trading cautiously against the US Dollar (USD), causing the EUR/USD to drop to the range of 1.0570-1.0580 after reaching a weekly high on Thursday above the resistance level of 1.0600. With a focus on monetary policy, it is predicted that the Federal Reserve (Fed) will maintain its current stance of no change in interest rates at...
Hello dear friends! The trading week is coming to an end, and how has your trading been? Karina hopes that everything you're doing is going well! Now, here are some analyses from Karina about today's market. Regarding the information impacting gold: - Conflict in the Middle East - Speech by the Fed Chairman on the 19th/20th The results of the information:...