It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCHF chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
In today's chart analysis, SOLUSDT is witnessing a gentle rebound after a steep drop yesterday, although the prevailing trend remains bearish. The price is currently recovering around the $137.00 mark, and we might consider another selling opportunity as it continues to trade below the two exponential moving averages, EMA 34 and EMA 89. We anticipate selling after...
Hello everyone, following last week's sharp decline, EURUSD appears to have stabilized, with prices not showing significant changes from the start of the week, hovering around 1.063. The downward trend remains intact, and the descending trendline continues to be effective, favoring sellers. Looking ahead, the relatively weak economic foundations in the Eurozone,...
BTCUSDT is currently trading within a descending channel on the 1-hour chart, with prices moving toward the $64,200 level, which is near the upper boundary of the channel. If conditions are favorable, we plan to continue shorting BTCUSDT from this point. However, if this cryptocurrency successfully breaks out of this downtrend, we will reassess the situation to...
Gold prices continue to climb today, driven by a heightened demand for safe-haven assets as tensions between Iran and Israel escalate, prompting investors to flock to the gold and U.S. dollar markets to protect their wealth. Despite the strengthening U.S. economic indicators and the rising U.S. dollar index—which raise concerns that the Federal Reserve (Fed)...
The U.S. Dollar has gained against the Japanese Yen in early North American trading, bolstered by strong U.S. economic data and a range of comments from neutral to hawkish by Federal Reserve officials. The USD/JPY is trading at 154.61, up 0.22% from the open, maintaining its upward trajectory. USD/JPY buyers might push the exchange rate to challenge the 155.00...
Gold prices are currently wrestling with the $2,400 mark at the start of Wednesday, following a quiet close the previous day. The precious metal is making another bid to reclaim the $2,400 threshold as the U.S. dollar weakens slightly due to a dip in Treasury yields, all while anticipating a new lineup of speakers from the Federal Reserve. Gold remains at a...
AUDUSD experienced a slight recovery today, reaching 0.642, yet the overall trend remains bearish according to the daily chart, as this pair has twice attempted and failed to breach the resistance level at 0.662. Sellers continue to dominate, evidenced by the breakdown of the uptrend line. On the upside, AUDUSD might see a minor correction to retest the breakout...
Btc now go to make a correction of wave 4 in the bearish scenario or Go to white x which a part of a huge (B) pullback in a big bullish Months scenarios
AUDUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long AUDUSD Entry - 0.6424 Sl - 0.6380 Tp - 0.6508 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.71 Stop Loss - 193.13 Take Profit - 191.93 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The price of GBPCAD 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! ❤️
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 EURUSD. ❤️ Please, support our work with like & comment! ❤️
Gold prices took a dramatic plunge, dropping $20 in just 30 seconds following the U.S. inflation announcement, which exceeded market expectations. Inflation in March rose by 0.4%, surpassing the anticipated 0.3%, putting the Federal Reserve (Fed) in a tough spot regarding future monetary policy decisions. Inflation’s 0.4% increase in March, pushing the annual...
USD/JPY is experiencing a slight loss, trading around 154.65 in the early hours of Wednesday's trading session in Asia. The robust U.S. economy and challenging inflation data have sparked speculation that the Federal Reserve might postpone the start of its easing cycle to September instead of June, providing a layer of support for the U.S. Dollar. From a...
BTCUSDT couldn't fend off a fierce bear attack, quickly tumbling down to the $65,300 zone at the start of the new trading week, continuing its downward trend after breaking key support levels. Analyzing the charts, the bearish momentum might persist as a triple top pattern seems to be forming. If this downtrend strengthens and shatters the first support level,...
USD/JPY continues to surge following its breakout above the 152.000 resistance level. The outlook for this pair remains bullish as the USD gains strength over the JPY, amidst Japan's current economic struggles and volatility. I maintain a bullish stance on this currency pair, as there are no signs of peaking yet, and prices remain stable above both the 34 and 89...
GBPNZD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPNZD Entry Level - 2.1142 Sl - 2.1195 Tp - 2.1036 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️