Ethereum (ETH/USD) Fundamentals and Technicals Look Promising The outlook for Ethereum, both technically and fundamentally, is starting to look rosy and this should feed through into its price over the coming quarter. Between late November 2021 and late January this year, Ethereum fell by around 50% to a low of just $2,200 as the whole crypto market mood turned...
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000. Fundamental news: Tomorrow...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. There is a confluence of arguments for a buy, is if price continue the retracement to fill the imbalance and then rejects from trendline + S/R zone + institutional big figure 1.36000. Like,...
Bitcoin analysis in 1 hour time frame Based on the analysis, Bitcoin can be expected to pull back to the breakout zone and continue to fall.
#Gold Once again yellow metal is showing very clear divergence and the same being confirmed from the momentum indicator as well (RSI). Double bottom also printed and now the script is trading at it's critical support. If it's break neckline then we are bullish and therefore we have place Buy Stop Order at those level with very clear SL & TP. #NFA (Non Financial...
Gold is facing strong resistance and is likely to drop. Consider shorting gold at the current resistance level with a target price set at the nearest support level. Monitor price action and market sentiment closely for potential profit opportunities. Use proper risk management techniques and stay informed about economic data and geopolitical events. Entry:...
Hello everyone, Brian here. Today, gold has remained stable, hovering around the $2320 mark at the start of the Asian trading session, showing little fluctuation from yesterday. Looking at the outlook and trends: Today, we still see a downward trend in gold. In the short term, the strategy of selling continues to be emphasized as this metal forms a triple top...
Today, gold prices are catching their breath in a corrective move, trading around the $2325 mark with a notable recovery of 0.43% for the day. This precious metal's long-term uptrend remains highly esteemed. The recent dip is viewed as a mere corrective wave within the ongoing Elliott wave structure, having reached its first significant Fibonacci extension at...
Hello everyone, it's Brian here! In today's trading session, the Euro appreciated against the US Dollar, gaining over 0.40% and trading above a key resistance level. The economic data from the US came in softer than expected, weighing down on the US Dollar, which underperformed against most currencies. This has helped push the EUR/USD pair to trade around 1.0705....
Hello everyone, it's Brian here. Today, gold experienced a modest decline after failing to sustain its recent rally despite a drop in U.S. Treasury yields and a weaker U.S. dollar. The XAU/USD pair struggled to capitalize following the release of weaker-than-expected global PMI data from S&P, sparking speculation about a potential Fed rate cut come...
Hey folks, should we be buying or selling gold today? Right now, gold is stable around $2,323 per ounce, maintaining its downtrend despite easing tensions in the Middle East and profit-taking among investors. According to technical analysis, the recent dip seems to be just a minor correction in a bigger bullish trend, given gold's substantial 22% rise over the...
If you haven`t bought TMUS before the previous earnings: Then analyzing the options chain and the chart patterns of TMUS T-Mobile US prior to the earnings report this week, I would consider purchasing the 155usd strike price Puts with an expiration date of 2024-11-15, for a premium of approximately $4.30. If these options prove to be profitable prior to the...
If you haven`t bought the dip on XOM: Then analyzing the options chain and the chart patterns of XOM Exxon Mobil Corporation prior to the earnings report this week, I would consider purchasing the 120usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $10.05. If these options prove to be profitable prior to the earnings...
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from trendline + institutional big figure 1.71000. Like, comment and subscribe to be in touch with...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: As we can see here price broke the structure and started to form higher highs and higher lows, so now I look for long position. I expect price could continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch...
Hello traders! ‼️ This is my perspective on S&P500. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement and then rejects trendline + S/R zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 28.573 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 27.228 My Stop Loss - 29.350 About Used Indicators: On...
Gold moved sideways after two days of decline as Middle East tensions cooled Gold prices have continued to weaken in the Asian session on April 24 after recovering slightly in the US session yesterday thanks to US PMI data and currently XAU/USD is trading around $2,320. Gold prices have now adjusted slightly and are currently trading around $2,320 after...