Yesterday, the gold market experienced significant volatility, with prices falling below $2,400 and continuing to decline below $2,300 during Tuesday's Asian trading session. This decline was triggered by escalating tensions between Israel and Iran. Market participants are betting that the ECB will cut interest rates in June, with three rate cuts expected...
The Japanese Yen is currently receiving support from government intervention, but differing expectations from the Bank of Japan (BoJ) and the Federal Reserve (Fed), along with reduced tensions in the Middle East, have diminished JPY's role as a safe haven asset. From a technical standpoint, indicators continue to signal an upward trend. The Relative Strength...
On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why? 1) RSI and price action resistance breakout with support confirmation. 2) Multiple oscillators print bullish divergence. 3) Trend reversal. Higher highs higher lows replace lower highs lower lows. 4) The macro bull-flag...
The DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
Bear divergence is nearing a key crossroad. However the bear bots could only keep the price sideways, which means that they couldn't keep up with the bulls. Use alerts on trend lines to protect your long entry. Good luck! Hope this is the next leg up for BTC!
📈 Comprehensive Analysis of AVAX: Daily Market Insights 📈 ☀️In today's analysis, we embark on a journey into the intricacies of Avalanche (AVAX) trading, exploring potential avenues for profit amid evolving market conditions. As we delve deeper into the dynamics of AVAX, we uncover compelling insights that could shape your trading decisions. 🔍Zooming into the...
PEPEUSDT is trading in Rising Wedge Pattern (Reversal Pattern) . We can attempt to short PEPEUSDT from specified level if it break last HL , trendline support , also bearish divergence occur indicate that it move downward. SL , TP mention in chart.
Hey Rich Friends, Happy Tuesday! Here is my technical analysis for USDCAD. Always check the news and cross-reference the indicators on your chart before entering any trades. I think that there are opportunities to sell and here is what I am looking at: - The market has already rejected a previous supply zone on the weekly time frame - There is an evening star...
Gold extended its downward momentum at the start of Tuesday's Asian trading session, dropping to 2,300, down more than 2% from Monday. The decline seemed somewhat contained due to speculation that major central banks would cut interest rates later this year. From a technical standpoint, this sharp decline has brought gold prices to touch the simple moving...
1. Each of the last 2 Daily bullish MACD Crosses below the Zero line lead to a GETTEX:25K increase in BTC over the following months. 2. $90K is coming sooner than you think and my guess would be August 2024 given things are now accelerating. 3. $90k will be another local top with my next best guess with the final top at $115k-$120k coming in November 2024...
Here I have USD/CHF on the Daily Chart! Now we've been following USD/CHF since it created its NEW LOW back in Dec. '23. This LOW I believe sparked the beginning of an Elliot Wave and currently we are looking at what seems to be a possible LAST LEG of this Impulse Move! Price has currently created a HIGHER HIGH @ .90721, so we will be looking for Price to...
We can attempt to short USOIL from specified level by placing sell stop (also bearish divergence occur at 1 hour timeframe). SL , TP mention in chart.
We can attempt to short XAGUSD from specified level as it break last HL , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
We can attempt to short SHIBUSDT from specified level if it break last HL , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
We can attempt to buy ETHUSDT from specified level if it break last LH , also there is bullish divergence indicate that it move upward. SL , TP mention in chart.
AUDCHF's recent trend exhibits bullish behavior with prices achieving higher highs above the R1 monthly pivot, suggesting strength. However, beneath the surface, signs of caution emerge. The Commodity Channel Index (CCI) displays lower highs, creating a bearish divergence against the price's higher highs. This divergence hints at weakening upward momentum,...
We can attempt to buy BGL from specified level as it break last LH , also there is bullish divergence indicate that it move upward. SL , TP mention in chart
The daily SPX500 looks oversold at current levels. This may cue the short-term trades to position themselves bullishly as the daily RSI normalizes. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...