Hello traders.. Gold Forecast: Bullish Momentum Expected with Key Levels to Watch" Today's market analysis suggests a bullish direction for gold, as the opening price is above both the pivot and the Point of Control (POC). This indicates a positive sentiment in the market. While the pivot is narrower compared to yesterday, the two-day relationship remains...
QTUM is moving along the bullish channel 🔵Entry Zone 4.964 - 5.154 🔴SL 4.503 🟢TP1 5.468 🟢TP2 5.910 🟢TP3 6.374 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 TIA has been overall bearish , trading within the falling wedge pattern in red. However, it is currently approaching a strong support zone and round number $10.0. As long as the support holds, we will be looking for buy setups. 🏹 For the bulls to take over, a break...
Gold rebounded after the US PPI index was lower than expected Gold rises to $2,355 as PPI data misses estimates, focus turns to University of Michigan consumer confidence index In the April 11 session, gold prices benefited from US PPI data rising lower than estimated. The precious metal touched down to $2,325 early in the European session but then rebounded...
On Friday morning in the Asian session, GBP/USD remained low around 1.2550. Expectations that the Bank of England might cut rates before the U.S. Federal Reserve are weighing down on the British Pound and the currency pair. Indicators are trending downward, and a bearish crossover between the EMA 34 and 89 is adding pressure to the pair. UK Industrial Production...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hey warriors, let's dive into the EURUSD saga! The EURUSD just went through a rollercoaster, quickly sketching out a double top pattern before taking a sharper nosedive post the breach of the 1.083 support level. Currently at 1.074, it's attempting a slight rebound after brushing the 1.073 support, but don't hold your breath for a long recovery. With the USD...
Today's gold price is following a specific wave pattern, experiencing a dip due to the US CPI index from yesterday. Despite geopolitical risks typically benefiting XAU/USD as a safe haven, the rising US dollar could cap further gains. Yet, the short-term downside risk remains. Gold is likely to retest the $2,305 area as per the pattern before a potential uptrend resumes.
The Japanese Yen took a dip against the dollar this Wednesday, thanks to the U.S. serving up some spicy inflation figures hotter than expected. This shift has pushed back the Fed’s rate cut chatter from June to September. Also, digging into the latest FOMC minutes, it looks like U.S. officials are wary about inflation dragging its feet, which could mean keeping...
Overview: The DXY Dollar Index is currently undergoing intricate price action dynamics, characterized by fluctuations within key levels. Understanding these levels and potential scenarios is crucial for navigating the market effectively. Key Levels: 1. Support Levels: - Notable support lies at , representing a significant area where buying pressure has...
The current EUR/USD exchange rate stands at 1.08251. Earlier, in the opening market, there was a break of the trend line over an 8-hour period. Presently, the market seems to be retesting that break and experiencing a pullback, suggesting a potential opportunity to sell. There's a possibility that the price might return to the channel for what could be a false...
Exciting developments are underway for BELUSDT, presenting a compelling trade opportunity. Let's enhance the technical analysis to provide a clearer and more engaging perspective: Breakout Confirmation: BELUSDT has recently shattered the critical supply zone near $0.85, transforming it into a demand area. This significant breakthrough signals a shift in market...
QNTUSDT has demonstrated consistent adherence to the uptrend trendline, coupled with robust support near the $110 level. Despite recent daily downward spikes, each instance has been met with a resilient bounce off the $110 support zone, indicative of strong bullish defense. This price action substantially bolsters the likelihood of an uptrend continuation for...
MDT is a decentralized data exchange economy built on the Ethereum Blockchain. mdt token is a standard ERC 20 token and facilitates the economy of the MDT ecosystem, It denominates the value of big data and serves as mechanism for utility in the ecosystem. recently Chain announced the acquisition of the MeasurableData platform in a deal worth over $100...
Amidst the ever-fluctuating landscape of the foreign exchange market, the EURUSD pair has captured the attention of traders following a notable drop to 1.071 in response to recent economic developments. As I compose this article, the pair finds itself at a critical juncture, supported by a confluence of factors including strong technical support and contrasting...
For the UK, GDP and manufacturing data for February, due out on Friday, will guide the Pound. Forecasts show monthly GDP growth will slow to 0.1% after increasing 0.2% in January. The Index of Industrial Production (IIP) is expected to stagnate after falling 0.2% in January and is estimated to have increased 0.6% annually from the previous level of 0.5%. Monthly...
GBPUSD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry - 1.2539 Stop - 1.2497 Take - 1.2615 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AUDNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDNZD Entry Point - 1.0893 Stop Loss - 1.0880 Take Profit - 1.0916 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️