A deeper understanding of market behavior towards Bitcoin indicates a shift in momentum. The focus on speculative trading with this asset has decreased. Current market sentiment is reflected in the technical analysis revealing a "death cross" in Bitcoin’s 12-hour chart, where the EMA 34 and 89 lines are converging, traditionally signaling a potential price...
Hello everyone! Yesterday, after the PCE news release, EURUSD experienced a slight drop in price. Currently, this currency pair is pausing its trading activities around 1.069, ending its short-term uptrend at the 1.070 threshold. Looking ahead, it seems EURUSD might undergo further adjustments according to Dow's theory, as it has already tested the resistance...
AUDUSD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDUSD Entry Point - 0.6528 Stop Loss - 0.6564 Take Profit - 0.6465 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello everyone, Brian here! Expect EURUSD to continue its downtrend: The pair has completed its retracement to the 0.5 Fib level and successfully tested the EMA 34 zone. Technical analysis conditions, along with the ongoing long-term trend, favor the sellers. Happy trading, and don't forget to like and comment if you enjoy this analysis!
GBPAUD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPAUD Entry Level - 1.9100 Sl - 1.9034 Tp - 1.9228 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
USD/JPY stabilizes around the 154.50 mark after recouping some of its daily losses on Friday. According to Reuters, a senior Iranian official stated there are no immediate plans for retaliation following Israeli airstrikes. This development coupled with hawkish comments from Federal Reserve officials on Thursday gave the US dollar a boost. The Reuters report...
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! ❤️
AUDJPY - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short AUDJPY Entry - 101.19 Sl - 101.80 Tp - 100.07 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURUSD Entry - 1.0715 Stop - 1.0742 Take - 1.0665 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Looking at the chart of EURNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
The price of NZDCHF will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level. We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.81 Stop Loss - 193.38 Take Profit - 191.88 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GOLD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GOLD Entry - 2320.9 Sl - 2303.2 Tp - 2352.7 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The recent price action on the EURJPY 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! ❤️
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CADJPY pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️