Hello everyone, let's discuss today's strategy! Overall, the XRPUSDT platform is still showing a downward trend. The price has completely broken through the current support level of 0.6130, and I expect it to reach the EMA 34 and touch the previously broken level before turning downwards. Our immediate target is set at 0.5680.
Hello everyone, let's discuss and plan our new day together! In general, BTCUSDT continues to trade within an upward channel, remaining stable on the 4H chart. Currently, it is trading around the level of $72,764. The buying strategy is supported by EMA 34.89. The market may be aiming for the nearest target of $76,000.
Dear friends. Gold prices (XAU/USD) traded with a mild positive bias throughout the first half of the European session on Tuesday, although lacking follow-through and remaining near weekly lows, around the $2,150 region touched the day before. Uncertainty over the Federal Reserve's (Fed) rate-cutting roadmap turned out to be the main factor holding back traders...
USDJPY has initiated a recovery, climbing to 147.33 with support garnered from the 146.500 region. The price started to adjust and rise as the Japanese Yen weakened following the Bank of Japan's (BoJ) skepticism about Japan's economic outlook. Meanwhile, market sentiment remains positive ahead of the US Consumer Price Index (CPI) data for February, to be released...
Hello everyone, let's create an ETHUSDT strategy today! Overall, ETHUSDT continues to trade in an upward trend. It is currently trading at a new high of $4009, after hitting $4093, marking a loss of 1.36% on the day. However, in general, the fundamental foundation of ETHUSDT is still going up despite a slight correction. My target after ETHUSDT declines slightly...
Hello traders, let's dive into the gold market, XAUUSD, today! Gold is presently oscillating around the $2160 mark in the early trading hours of Wednesday. The metal faced a considerable downturn last night as news releases bolstered the US Dollar, thereby curbing XAUUSD's ascent. Chart analysis suggests a modest recovery for gold, finding support at $2153. Yet,...
Hello everyone, let's discuss and come up with a strategy for the new day! In general, USDJPY has rebounded as predicted earlier, currently trading at a new high of 147.34, marking a 0.28% increase for the day. Regarding the factors, the certain expectations that the Fed will lift its restrictive policy stance in June have put pressure on the US Dollar. As a...
It's great to see everyone again, let's discuss and plan our new strategy for the day! Overall, EURUSD has experienced significant volatility today, with prices surpassing 1.0930. It is currently trading at a high of 1.0936, the highest level of the day, marking a 0.1% increase. So, what reasons and factors are driving this currency pair? In terms of notable...
BUY ABOVE - 5178 SL - 5170 TARGETS - 5188,5200,5215 SELL BELOW - 5170 SL - 5178 TARGETS - 5160,5150,5140 NO TRADE ZONE - 5170 to 5178 Previous Day High - 5178 Previous Day Low - 5122 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...
Hello everyone, let's discuss and devise our strategy for the new day together! Looking at the long-term perspective, we can observe on the 1D chart that it is showing a change in trend and expected to move towards the designated level. So, what reasons and factors could alter its trend? Regarding the influencing factors: In the short term, Gold price (XAU/USD)...
Hello everyone, let's discuss and come up with a strategy for the new day! Regarding the influential factors: Currently, GBP/USD is holding losses below 1.2850, trading around 1.2836, marking a 0.13% decline for the day. Meanwhile, the US dollar is preventing its losing streak as the market turns cautious ahead of the highly significant US CPI report scheduled...
... for a 1.63 credit. Comments: Laddering out at intervals, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will start looking at adding in shorter duration if I can get in at strikes better than what I currently have on.
BUY ABOVE - 22390 SL - 22350 TARGETS - 22440,22520,22580 SELL BELOW - 22310 SL - 22350 TARGETS - 22270,22230,22170 NO TRADE ZONE - 22310 to 22390 Previous Day High - 22440 Previous Day Low - 22270 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 - 47400 SL - 47230 TARGETS - 47500,47650,47750 SELL BELOW - 47230 SL - 47400 TARGETS - 47080,46900,46750 NO TRADE ZONE - 47210 to 47400 Previous Day High - 47800 Previous Day Low - 46900 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...
RalphBenjamin greets everyone and invites you to join the discussion and develop our strategy for today! In general, GBPUSD has experienced significant volatility, with prices sliding below the 1.2818 level. It is currently trading below the resistance level at 1.2845, after hitting 1.2795, marking a 0.03% increase for the day. So you may wonder why the price is...
Hello everyone, let's discuss and come up with a new strategy for the day together! Regarding the factors impacting XAUUSD: Gold is still in a consolidation phase around $2,180 on Monday after reaching a new record high of $2,195 before the weekend. The 10-year US Treasury bond yield remains stable below 4.1%, limiting the volatility of XAU/USD. Regarding the...
Nice to see you again, what do you think about SOLUSDT, up or down? Today, SOLUSDT continues to trade in an upward trend, gradually increasing with a gain of 3.2% on the day. SOLUSDT is currently trading around the $152.34 mark after convincingly overcoming the $139.00 resistance level. Trend trading is always safe and effective, so if the support levels at...
RalphBenjamin greets everyone , let's update and discuss today's trading strategy! In general, XAUUSD has been experiencing minimal volatility, primarily moving within a range of about 100 pips. It is currently trading at $2178 after reaching a peak of $2184, marking a 0.19% decrease for the day. Opportunities to sell gold have been consistently appearing since...