Hello, dear friends, Let’s navigate the tranquil waters of yesterday's gold market, where prices softly bobbed near the Friday closing level of around $2159, in a serene anticipation of significant news expected to surface only by Thursday. Gold remains anchored in its downtrend, hemmed within an unbroken parallel channel, hinting at the possibility of further...
Hello, BTCUSDT traders! BTCUSDT is currently trading below the $70.00 mark, and its future direction seems to be shrouded in ambiguity. In the short term, I am leaning towards continuing to sell BTCUSDT. My target is set at $61,200. What about you? What are your thoughts on the current situation and future movements?
Greetings, precious friends! Let's delve into the glittering world of gold and uncover the secrets of its latest price movements! As we embark on a new week's trading journey, gold continues to etch its path, weaving through the markets at the delicate threshold of approximately $2152. The day witnesses a modest retreat of 0.165%, with the aura of the Federal...
ETHUSDT Trading Strategy: ETHUSDT has formed a new peak and is on a continued decline, with today's price orbiting around $3250. Based on technical analysis, selling strategies are favored as sellers aim to drive ETHUSDT down to test the 89 EMA support line at $2900, following the full breach of the $3539 support level (marked in orange). I'm leaning towards a...
SOLUSDT is experiencing a robust uptrend, captivating the market's attention. My analysis remains bullish on SOLUSDT's future, aligning perfectly with Dow Theory's principles. Utilizing the Fibonacci extension tool, the profit-target and selling point for traders are pinpointed at the 1.618 level, which translates to a price of approximately $248.62. What are...
ETHUSDT has experienced a significant price drop since yesterday, continuing its downward trajectory. Currently trading around $3737, it has lost 3.75% in value today. Given the analysis from the charts, our strategy continues to favor selling, as ETHUSDT has initiated a correction phase after decisively breaking through two key support levels. The next target...
Hello everyone, let's dive into the EUR/USD analysis together! Today, the EUR/USD is under a downtrend, currently trading at 1.087, losing 0.06% in the early trading hours! The depreciation of EUR/USD is attributed to the strengthening of the US Dollar, buoyed by robust Producer Price Index data from the US, indicating ongoing inflationary pressures in the...
Gold Trading Strategy: Today's gold market continues to face downward pressure, hampered by lingering risk aversion sentiments that bolster the US Dollar's appeal, trapping it in a bearish trend. For short to medium-term strategies, consider prioritizing SELL positions as the charts reveal a convergence between the EMA and resistance levels. XAUUSD SELL zone is...
Hello beloved friends, the EUR/USD saga continues as it oscillated below the 1.0900 mark on Friday, still under the grip of bearish forces after a three-week growth streak. The cautious sentiment sweeping through the market as we approach the weekend fortified the US Dollar against its rivals, restraining any upward momentum for this currency pair. Technical...
USDJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USDJPY Entry Point - 149.08 Stop Loss - 149.70 Take Profit - 147.99 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Gold price (XAU/USD) stages a modest recovery from over a one-week low touched earlier this Monday, though remains in the red through the first half of the European session. The US Dollar (USD) continues with its struggle to gain any meaningful traction amid the uncertainty over the Federal Reserve's (Fed) rate-cut path. This, along with a softer risk tone and...
Greetings, BTCUSDT traders! What are your thoughts on its next move? BTCUSDT is currently experiencing its third consecutive day of downward pressure. It quickly retreated from a high of $73,300 and is now hovering around $69,231 in the early trading hours of the new day. This sharp $4,000 drop in a brief period signals significant selling pressure on...
As dawn broke over the Asian markets this Friday, the GBP/USD found itself in a descent, meandering around the 1.2700 territory. The major currency pair dipped to its multi-day nadir near 1.2740 amidst a U.S. dollar revival, fueled by robust American economic data. Later today, market players will set their sights on the preliminary U.S. Consumer Sentiment for...
The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell USDCAD. ❤️ Please, support our work with like & comment! ❤️
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
NATGAS - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long NATGAS Entry - 1.665 Sl - 1.590 Tp - 1.818 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello dear friends, today we're seeing the gold prices temporarily closing at around $2156, still submerged in a downward trend as the market is taking profits after the dizzying increase to nearly $2200 just last week. Throughout the past week, gold faced pressure due to the strengthening of the US dollar, with all news seeming to be unfavorable for this...