Statistically, USDJPY has been in a strong uptrend and has recently consolidated in a rectangular pattern. The price tries to stay above the rectangle and may challenge the monthly resistance level. Perhaps proper risk management should be carried out with stop loss orders
I feel the US 30 is showing signs of breaking out of the bearish channel on the back of a divergence in technical indicators. A breakout could lead it towards the 38,000 and 38300 levels. Traders should pay attention to confirmation of a breakout and consider factors such as market sentiment and economic data, as the dollar is now continuing to strengthen
Expect a little uptrend right now for BTC. The head & shoulders should play out
Usdjpy has held 151.750 as a strong resistance level for quite some time, recently it broke through this level and has stayed above it. It's time to look for good buying opportunities.
After the opening of crude oil yesterday morning, the market rose from the opening price of 86.59 US dollars to 86.94 US dollars, under pressure to slightly back to 86.38 US dollars, and then oscillated slightly up to 86.98 US dollars, which is more than the morning high point up 4 points, to the US market began to oscillate down. This drop just verified the end...
Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
Fundamental analysis: Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...
If trading Dow Jones futures is essentially a bet, then you can predict whether the price of the Dow Jones Industrial Average will move in a particular direction at a particular point in time. If you believe the Dow will rise, you can go long on futures contracts
Hello, guys GU making bearish pattern Supply Demand / Support Resistance considered Dow Considered SL above last HL
The golden day line closed high, closed a small Yin K line, two consecutive days this week around 2390-2393 area shorting have gained, high adjustment market, after the second high, failed to close strong, or break high strength, short term is to convert downward, the weekly line is as expected to touch the high line and then pressure. Gold is currently under...
Market review Spot gold on Friday (April 12) opened at $2372.2 / ounce, Asia-Europe trading hours, the US index in the $105 horizontal for several hours, the afternoon pulled up more than 30 points, the index hit a new high within the week. Gold continued its strong momentum, and the price rose directly to the $2,400 area without adjustment. As of now, the gold...
Analysis of the latest gold market trends: Analysis of gold news: On Tuesday (April 23), spot gold maintained a sharp decline during the day and rebounded sharply during the US trading session. The price of gold is currently around US$2,319 per ounce. Gold prices slipped to their lowest in more than two weeks on Tuesday as concerns over an escalating crisis in...
Here's a sample text you can use for your gold analysis update: _Title:_ Gold Analysis Update: Bullish Target in Sight! _Summary:_ "Gold is looking bullish! My analysis indicates a target of $2339, with a potential upside to $2379. The recent price action has formed a bullish channel, and the RSI indicator is showing a positive divergence. If the metal can...
The Nasdaq is again going to face an important and a very old tl/ channel resistance level a reason of this sudden strong move, will add monthly and weekly levels in the comment section also the 12M levels
K1 is a bullish hammer candle, K2 verified it, and it nearly break up K1. The supply pressure sharply decreased here. So, it is possible that the short-term downtrend will be reversed here. If the following candles fall back to test 0.5fib line under low volume, It will be a good place to buy in. Long-63000/Stop-62200/Target-70888 Short-70900/Stop-71800/Target-66000
If you haven`t bought ETH before the rally: nor sold the top: It seems poised for consolidation within the $3000 - $3250 range, which aligns with my buy zone. From the perspective of the macro cycle, we have broken the weekly short defensive point, which means that sooner or later we will challenge the historical high, so we remain bullish.
In the recent gold market, the overall uptrend structure has not changed, although the price has retreated after surging above $2,430 / oz. This pullback is seen more as a market correction than a reversal of trend. In the big cycle, the bullish upward pattern of gold is still solid, and it is expected that after the correction, the market will continue to...