GBP/USD is currently testing the near low of 1.2650 in early European trading on Wednesday. The US dollar is strengthening its recovery amidst cautious sentiment, ignoring the negative yields of US Treasury bonds. At the moment, this currency pair is hovering around the 1.2650 mark, caught in a technical standoff between the resistance level at 1.2700 and an...
BUY ABOVE - 46100 SL - 45930 TARGETS - 46300,46450,46560 SELL BELOW - 45930 SL - 46100 TARGETS - 45730,45570,45330 NO TRADE ZONE - 45930 to 46100 Previous Day High - 46750 Previous Day Low - 45930 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22060 SL - 22020 TARGETS -22120,22170,22230 SELL BELOW - 22940 SL - 21990 TARGETS - 21890,21850,21800 NO TRADE ZONE - 21940 to 22060 Previous Day High - 22230 Previous Day Low - 21940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
The GBP/USD pair has broken away from the recent lows around 1.2620, rallying to 1.2660 at the start of the Asian trading session on Thursday. A renewed demand for the US Dollar (USD) ahead of significant events in the US is putting pressure on the major GBPUSD currency pair. Investors are now eagerly awaiting the release of the US Personal Consumption...
BUY ABOVE - 5076 SL - 5070 TARGETS - 5081,5088,5100 SELL BELOW - 5057 SL - 5062 TARGETS - 5047,5039,5032 NO TRADE ZONE - 5057 to 5076 Previous Day High - 5076 Previous Day Low - 5057 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
Greetings, dear friends, today's EURUSD is trading around 1.083, but what's the next move? EUR/USD remains stable, hovering close to 1.0850, especially after Tuesday's session, which saw minimal driving forces for the pair due to U.S. Durable Goods Orders in January falling more than expected. Now, all eyes are on the upcoming U.S. Gross Domestic Product (GDP)...
In the trading landscape of Tuesday in North America, gold witnessed a modest uptick, yet remained confined within a narrow range, reflecting a certain cautious sentiment in the market. The primary catalyst behind this growth was a slight decrease in the yield of U.S. Treasury bonds, casting a dim light on the U.S. Dollar. This is evidenced by the U.S. Dollar...
As we've moved through the first half of the trading day, gold has seen little change, hovering around $2028 USD and capped below the resistance level of $2035 USD, also showing signs of a double top pattern (indicating potential for a price decrease). Selling gold at this juncture seems to be a favored strategy, targeting profits at the support level of $2017...
... for a 3.52 credit. Comments: Somewhat of a "revenge trade" here after exiting my earnings trade for a small loser. 3.52 credit on BPE of 6.48; 54.3% ROC at max; 27.2% at 50% max. Generally, will look to take profit at 50% max/adjust untested side on side test.
The nearby reference in 2027 appears precarious and fragile, possibly lacking sustainability for potential buyers. Selling the asset aiming for the 1970 mark, could be a prudent move to secure profits along the journey. Remember to pay heed to your due diligence!
BUY ABOVE - 22210 SL - 22170 TARGETS -22250,22300,22350 SELL BELOW - 22170 SL - 22210 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22210 Previous Day High - 22210 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 5081 SL - 5075 TARGETS - 5088,5100,5110 SELL BELOW - 5070 SL - 5081 TARGETS - 5057,5047,5039 NO TRADE ZONE - 5070 to 5081 Previous Day High - 5081 Previous Day Low - 5057 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
Greetings, cherished friends! How do you feel about today's gold prices? Let's delve into a lively discussion! Recent developments have led to a slight downtrend in the USD, yet gold prices haven't soared as one might expect. Gold continues to hover around the $2032 to $2035 mark, with its future direction seemingly shrouded in uncertainty, heavily swayed by...
Ai is looking bullish at current price .Charts are screaming loud.
GOLD MARKET UPDATE: For the first time in three weeks, gold prices (XAU/USD) ended on a positive note, buoyed by ongoing geopolitical tensions and the recent weakening of the US Dollar (USD). However, the precious metal is facing challenges in sustaining its upward momentum and has seen a slight decline in the Asian trading session on Monday. This could be...
Dear friends, yesterday's gold trading session was quite calm, with no significant fluctuations occurring. As of now, the price remains steady around $2033, firmly above the support level of $2025. Looking into the short and medium term, the upward momentum of gold is still viewed positively. Based on today's chart, the two main targets for buyers are...
BUY ABOVE - 22170 SL - 22120 TARGETS -22210,22250,22300 SELL BELOW - 22120 SL - 22170 TARGETS - 22070,22020,21960 NO TRADE ZONE - 22120 to 22170 Previous Day High - 22210 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 46700 SL - 46560 TARGETS - 46900,47080,47200 SELL BELOW - 46450 SL - 46560 TARGETS - 46300,46100,45930 NO TRADE ZONE - 46450 to 46700 Previous Day High - 46900 Previous Day Low - 46560 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...