Hello everyone, let's discuss and plan our strategy for the new day! Today, XAUUSD continues to receive support from the EMA 34. The price has experienced a strong volatility, breaking away from the psychological level of $2080. So, what are the reasons and factors driving this yellow metal? In terms of influencing factors, the price of gold has been supported...
Gold in the XAU/USD pair has ascended for a seventh straight day, though it has shed some momentum. Overbought conditions are making it challenging for the pair to extend gains further, hinting at a potential price correction or a consolidation phase ahead. Technically, the daily chart displays oscillators hovering at extreme levels, indicating a likelihood of an...
Hello everyone, let's discuss and come up with our new strategy for the day! Overall, GBPUSD has experienced significant volatility, surpassing the 1.2755 level. It is currently trading at a new high of 1.2807, after reaching a peak of 1.2820, marking a 0.01% decline for the day. GBPUSD information: The GBP/USD pair has held steady above the psychological...
Hello everyone, today the GBP/USD exchange rate saw a 0.31% increase during the North American trading session, reaching 1.2746 after climbing from the daily low of 1.2690. The UK's Spring Budget announcement and testimony from Federal Reserve Chairman Jerome Powell have bolstered this currency pair's rise, positioning it to potentially retest the 1.2800 mark once again.
Hello everyone, let's discuss and come up with our strategy for the new day! XRPUSDT is currently trading around the level of 0.6243 and is performing well within an upward price channel on the 1-day chart. It can be observed that XRPUSDT is operating near the resistance level of 0.6485, with immediate support at 0.5730. Breaking above the mentioned resistance...
Hello everyone, let's discuss and come up with our strategy for the new day! In general, USDJPY has experienced a significant decline, dropping below the 148.48 level after reaching 150.88, marking a 0.6% decrease for the day. So what are the reasons and factors impacting this currency pair? Regarding the influencing factors: The USD/JPY pair sharply declined to...
Today, the EURUSD continues to trade in an upward trend. Currently, the absence of significant catalysts on Tuesday has had little impact on the direction of this currency pair, especially after the US Durable Goods Orders for January declined more than expected. The market's focus is now on the release of the latest US Gross Domestic Product (GDP) data later...
Hey lovely people! Today, EUR/USD is flirting with its highest bid price since the end of January, swiftly breaking past the 1.0900 mark to touch 1.0915 before settling down a bit, yet it continues to climb from Wednesday. This pair is riding a wave of adjustment, but closing successfully above the 1.089 resistance and gaining momentum from the 1.085 support zone...
Hello everyone, let's discuss the strategy for this week and our new day! It can be observed that XAUUSD has experienced a significant increase in price yesterday, surpassing the $2055 mark. It is currently trading at a new high of $2081, after reaching the milestone of $2088. So what is the reason that drives up the price of gold? Regarding the influencing...
Gold prices (XAU/USD) have capitalized on recent momentum, touching a new record high around $2,152 on Wednesday. This surge came amid expectations of an imminent policy shift by the Federal Reserve. Fed Chair Jerome Powell's comments bolstered these expectations, indicating a potential cut in benchmark interest rates by year's end. However, Minneapolis Fed...
Currently, USD/JPY is trading around the level of 150.71, marking a 0.15% increase for the day. The USD/JPY pair is heading towards the key resistance level of 151.00 in early New York trading. This asset maintains strength amidst uncertainty filled with data. This week, investors will focus on the core personal consumption expenditure (PCE) price index data for...
Hello, my amazing friends! Recently, USDJPY has been struggling to maintain its upward momentum towards the target of 151.00. Its upward movement has been hindered by various factors, including speculation that the Japanese government will intervene to prevent any further weakening of the JPY, which could limit the upside. In the short term, the 4-hour chart...
Hello everyone, let's come up with our new strategy for the day! Overall, EURUSD has experienced a significant price increase, breaking free from the short-term downtrend at 1.0857. It is currently trading at a new high of 1.0897, after reaching a level of 1.0915, marking a 0.01% decrease for the day. So, what are the reasons and factors that have caused the...
Hello everyone, let's discuss and strategize for our new day! Today: XRPUSDT touched the level of 0.6431, experiencing a 0.06% increase throughout the day and performing well within the upward price channel on the 4-hour chart. The "buy on price decrease" trading strategy for XRPUSDT continues as long as the significant static support level of 0.600 is...
Hello everyone, let's come up with a strategy for today together! Overall, the price has undergone a significant increase since successfully bouncing off the support level of $15,605. Currently, it is trading at a new high of $63,585, showing a bullish trend and testing the highest resistance level at $67,000-$69,000, marking a 0.75% increase for the day. In the...
Hello everyone, let's plan our new day's strategy together! In general, XAUUSD experienced a strong price increase at the end of last week's trading session, specifically breaking through the $2130 mark in the short term. It is currently trading at a new high of $2145, after reaching $2152, marking a 0.1% decrease for the day. So, what are the reasons and factors...
Hello traders, what do you think about the current upward trend of ETHUSDT? In general, ETHUSDT continues to trade in an upward trend today. Currently, it is trading below the resistance level of $3500, indicating a 0.6% decrease since it reached the mentioned resistance level. My goal is for it to decrease to the designated target and then increase towards the...
Hello dear friends ! Today the USDJPY pair still retains a deep trading surrounding 150.32 and maintains the sideway trend. It is expected that today's price will not have any significant breakthroughs because there will be no information in this published today. Resistance level: 150.64, 150,800 Support level: 149.95, 149,700