Hello everyone, let's discuss and come up with our strategy for the new day! In general, BTCUSDT continues to trade in an upward trend, surpassing the $65,087 mark. It is currently trading at a new high of $66,781, after reaching $69,005, marking a 1.15% increase for the day. Currently, on the 1-hour timeframe, although BTCUSDT is trading relatively calmly, the...
Hello everyone, let's discuss and develop our strategy for today! In general, the XAU/USD is currently trading sideways around the 2180 USD level in the early hours of Tuesday. The market remains calm, awaiting the release of the US CPI data for February. The basic CPI data is expected to cool down, which will put pressure on the US Dollar and boost the price of...
EUR/USD soared to its highest since early January, breaching 1.0980 on Friday, but reversed gains in the US session to close slightly lower. The pair ended the week nearly 1% up, settling just below 1.0950 as the new week kicks off. A dip in the US 10-year Treasury yield to 4% following the February jobs report has kept the USD on a weaker footing against its...
BUY ABOVE - 22430 SL - 22380 TARGETS - 22470,22520,22580 SELL BELOW - 22350 SL - 22380 TARGETS - 22310,22270,22230 NO TRADE ZONE - 22310 to 22380 Previous Day High - 22520 Previous Day Low - 22310 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 - 47230 to 47400 Previous Day High - 47880 Previous Day Low - 47230 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...
Hello everyone, please join me in discussing and strategizing for the new day! Overall, USDJPY fell as I predicted: I believe there is a possibility for a corrective move towards the support area around 146.35, followed by a potential increase towards 148.00 with the intention of reaching the 34.89 EMA. If the price breaks below this level, it could lead to a...
Hello everyone, let's discuss today's trading strategy! In general, EURUSD experienced significant volatility last week, approaching the 1.1000 level. It is currently trading at a new high of 1.0945, after reaching 1.0980, marking a 0.11% increase for the day. So, what are the reasons and factors driving the price increase of this currency pair? Regarding...
The price of gold (XAU/USD) saw an increase to approximately $2180 after hitting a record high at the start of the new week, buoyed by a weaker US Dollar (USD) and declining US Treasury yields, which provided some support for gold prices. Additionally, growing expectations for the Federal Reserve's (Fed) first interest rate cut in its June meeting have also...
Nice to meet you all again, let's discuss and strategize for today! In general, XAUUSD continues to trade in an upward channel. It is currently trading around the $2181 level, after reaching $2195, marking a 0.1% decline for the day. So, what are the reasons and factors driving XAU/USD? In terms of influencing factors, the XAUUSD market is increasingly...
ETHUSD trading strategy: Currently ETHUSD is fully supported by EMA 34, with the ability to create DOW from the chart, using Fibonacci I expect ETH/USD to retest around 0.618 which is 3967 USD and 0.5 which is 3942 USD before markup.
Hello everyone, let's discuss our strategy for the new day! Looking back at the previous weekend, EURUSD showed a relatively negative short-term downtrend, despite maintaining an upward trend on the 4-hour time frame. This was an impressive move by the bulls, as they not only successfully defended the key support level at 1.0800, but also pushed the exchange rate...
Hello, dear friends, what are your thoughts on USDJPY? In a sharp contrast to its counterparts like EURUSD and GBPUSD, USDJPY has been bearing the brunt of severe downward pressure, with its value diminishing further on Thursday. Currently, this currency pair is hovering around the 148.50 mark, shedding 0.56% over the day. This pair finds itself in troubled...
Hello everyone, let's discuss and come up with a strategy for the new day! Overall, XAUUSD has experienced significant fluctuations, with an extended upward trend reaching over $2,180 after reaching a new all-time high of nearly $2,200 in early Asian trading on Monday. It is currently trading at $2,181, marking a 0.1% gain on the day. Regarding the factors...
Hello everyone, let's discuss and strategize for the upcoming week! In general, there has been significant volatility in USDJPY during the last trading session as it slipped below the 145.50 level. It is currently trading at 147.05, after reaching a low of 146.53, marking a 0.67% decline for the day. Considering the influencing factors: USD/JPY continues its...
Hello everyone, let's discuss our strategy for the new day! Overall, BTCUSDT has reached its peak in November around the $69,100 mark. It is currently trading at $68,145 after hitting a milestone of $72,000, marking a 0.03% increase for the day. My current target is for the price to retest the Fibonacci 0.618 level, which is $49,391, and even potentially the 0.5...
Hello everyone, today BTCUSDT continues to trade in a downward trend. Overall, BTCUSDT has experienced significant volatility, approaching the resistance level of $70,000. It is currently trading around $68,712, after attempting to reach $69,500, marking a 0.34% decrease for the day. If it is rejected again below the resistance level of $69,500, we will...
BUY ABOVE - 47980 SL - 47880 TARGETS - 48070,48160,48310 SELL BELOW - 47750 SL - 47880 TARGETS - 47650,47500,47360 NO TRADE ZONE - 47750 to 47980 Previous Day High - 48070 Previous Day Low - 47750 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 - 22520 SL - 22500 TARGETS - 22580,22650,22700 SELL BELOW - 22470 SL - 22500 TARGETS - 22430,22380,22350 NO TRADE ZONE - 22470 to 22520 Previous Day High - 22520 Previous Day Low - 22430 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...