Hello everyone! Today, we continue to see gold trading around the crucial psychological level of $2300. This movement was anticipated as gold approached the $2300 level to gather new momentum from this support zone. However, following the latest announcements from the Federal Reserve (Fed), gold has lost much of its previous drive, leading to a significant...
BTCUSDT has experienced a decline following a double top pattern, breaking through the crucial support level at $67,600 – just as I had anticipated earlier. Given this scenario, BTCUSDT could potentially continue its descent towards the next target of $61,000. Trading Idea: This is my personal take on BTCUSDT’s current trend. I encourage you to share your own...
1. Gold’s Performance on Thursday Gold (XAU/USD) ended Thursday in the red after four days of gains. Despite this drop, it stayed strong just below the $2300 mark and remained stable above it during the Asian trading session on Frid 2. Impact of the Federal Reserve Significant price increases for gold seem unlikely at the moment. The Federal Reserve’s...
Hello everyone! What do you think, where will gold close today? In this analysis, I'll be focusing on gold's recent recovery. The precious metal recently broke out of its short-term upward trend after surpassing the trendline. Despite this, it has found new momentum and is currently hovering around the psychological level of $2300. Looking at the 1-hour chart,...
Today's market action in BTCUSD has us wondering: should we be buyers or sellers? Let's dive into the current scenario: Bearish Control Continues: On the charts, the bears have a firm grip on BTCUSD, with the price hovering near the $67,000 level. The recent slide below the 34-day and 89-day EMAs indicates that selling pressure remains dominant. Strategic...
Gold prices today continue to face downward pressure, currently trading around $2314 , losing 0.45% for the day with a drop of over 100 pips during the early Asian trading session. Despite a strong rally last night that pushed gold close to $2350, the precious metal couldn't maintain its recovery. This was despite the U.S. Dollar weakening after the U.S....
Hello traders! 👋 As we approach the end of the trading week, EURUSD remains in the red on this Friday, currently hovering around the 1.071 mark. The outlook remains bearish as the pair continues to trade within a tightening wedge pattern, and both the EMA 34 and EMA 89 are favoring the sellers. Key Observations: Current Level: EURUSD is trading near 1.071,...
Hello traders! 👋 GBP/USD has been trading with a negative bias for the second day in a row this Friday, although it is managing to stay just above the previous day's low. Market Snapshot: Current Range: The pair is moving sideways, oscillating around the 1.2700 level. Weekly Outlook: Despite the recent bearish trend, GBP/USD seems poised to register a modest...
In this analysis I want to take a look at an indicator that is not often mentioned, but can say a lot of interesting things about the current state of the market. Note: we only have a population of 2 (N=2) to look at and deduce information from, so take it with a grain of salt. The indicator in question is the value of TOTAL3 (total crypto marketcap minus ETH...
My dear friends, Please, find my technical outlook for AUDJPY below: The price is coiling around a solid key level - 104.52 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 104.09 Safe Stop Loss - 104.85 About Used Indicators: The...
The gold market is gleaming like diamonds as prices trade around $2,330 USD/ounce, marking a slight increase from the previous session. Two key factors are driving this upward momentum: Anticipation of US inflation data: Could this "number" be higher than expected, stimulating demand for gold as a safe haven? Geopolitical turmoil: Continued regional instability...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here I expect bearish price action as price took buy side liquidity and rejected from bearish order block + institutional big figure 0.67000. My target is imbalance lower. Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD, news with high impact on...
Hello traders! ‼️ This is my perspective on AUDCHF. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I look only for long position. I expect bullish price action continuation after price filled the imbalance rejected from trendline + bullish order block. Like, comment and subscribe to be in touch with my content!
AUDUSD is moving in a descending channel under the trend lines. The price has fallen under the dynamic support, which now acts as resistance. We expect the decline to continue after testing the lower boundary of the channel. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I...
Hello everyone. Today, we’re looking at the USD/JPY pair, which is trading around the 157.50 level. The US Dollar is currently gaining an advantage over the Japanese Yen following the Bank of Japan's decision to maintain its existing policy settings. Short-term chart analysis indicates a bullish trend as this currency pair consolidates within an ascending channel...
Today, let’s dive into BTCUSD. From my perspective, the outlook remains bearish. Here’s why: -Technical Analysis: Current Price: BTCUSD is trading around $67,600, having lost 0.84% today. Trend: The price continues to follow a clear downward trend. EMA Indicators: The coin is positioned below both the EMA 34 and EMA 89, with the EMA 34 showing a bearish...
As I mentioned in my previous posts, I am bullish on Bitcoin and expected a break above $71,000 with a rise to at least $85,000. However, I always consider multiple scenarios. In this post, I want to discuss all the potential outcomes I foresee. The Good Scenario: As shown in the chart, although the price dropped again from the all-time high resistance, the...
Based on technical factors there is a Buy position in : 📊 NOTUSDT 🔵 Buy Now 🪫Stop loss 0.015500 🔋Target 1 0.021500 🔋Target 2 0.029000 🔋Target 3 0.039000 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝