Hello, everyone! Today, gold has once again hit an impressive rise, trading over the lofty level of $2,183 in the early hours of Wednesday, marking a $25 increase from the same time yesterday. This surge brought gold to a new peak as traders flock to the precious metal as a safe haven amid escalating tensions in the Middle East, largely overlooking a stronger US...
Following our previous Gold analysis, now we can see, that the resistance trendline has been broken. Currently XAUUSD has pulled back significantly, which we believe is a very good price for the buyers.
Hello Traders ! Previously, The CADCHF Formed a Symmetrical Triangle. Currently, The Price Broke The Resistance Level (0.66700 - 0.66890). This Key Level Becomes a New Support Level. So, I Expect a Bullish Move 📈 ----------- TARGET: 0.67380🎯
In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months. As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during bull-cycles. Sometimes they are less excessive, but >20% is...
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 expect bullish continuation after price filled the imbalance and then rejected from S/R zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Yesterday's dip in GBPUSD didn't come as a shocker—it was right within our predictions. The Sterling took a hit during the North American trading session, buffeted by the US's robust economic data that might sway the Federal Reserve away from cutting interest rates. This situation bolstered the US dollar as soaring US Treasury yields put a damper on the Cable's...
Gold extends its upward momentum after the JOLTS jobs report Gold bounced above $2,270 after the JOLTS report, the focus turned to US services PMI data. During the April 2 session, gold mainly traded in the range of $2,248 - $2,263, then bounced above $2,270 when the JOLTS jobs report was as expected before correcting downward and ending the day at...
Greetings, trading aficionados! What are your expectations for EURUSD today? Yesterday, the pair was under significant selling pressure, resulting in a consistent decline to now trade at 1.073—a drop of 0.12% for the day. As anticipated, it breached the 1.0800 support level. The recent surge in the USD, fueled by robust US PMI ISM data, has heavily impacted this...
Gold's ascent to a historic $2,265 per ounce as this week begins highlights its impressive 9% rise in March and 8% increase for the first quarter. This surge follows data indicating a spike in the February Personal Consumption Expenditures index, though the core PCE saw a low not observed in nearly three years. Anticipations of the Federal Reserve cutting rates...
Gold retreats from its newly set record high of $2,265.58 per troy ounce. Initially gaining in the Asian trading hours, XAU/USD reversed its course during European trades, now hovering around the $2,250 mark, bolstered by the US dollar's surge following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests gold may undergo further...
Gold has soared to another record high at the start of April, powered by expectations of US rate cuts and its status as a secure investment, now hovering around $2255 USD. The anticipation of the Federal Reserve's policy easing, expected as soon as May or June, has been a significant catalyst for gold's rise. Central banks' strong purchasing, aimed at diversifying...
I believe this could be a Premium idea, but let's wait and see how it unfolds: In March, INVZ saw some unusual out-of-the-money calls valued at over $1 million with a $2.5 strike price, expiring on April 19th. Upon reviewing the chart, it resembles a double bottom pattern, suggesting a potential price target of $2.85 if a reversal occurs. Recently, OUST, a...
NYSE:PATH New IdeA: PATH, Long, TP > 10% We are watching
NYSE:UNH NEW IdeA: UNH, BUY, TP > 10%, Risk P/L=7/1 S.Loss -1.54% T.Profit +11%
NASDAQ:SBAC SBAC, Long, TP > 10%, Risk P/L=5/1 S.Loss= -2% T.Profit= +11%
NYSE:EOG DonE: EOG, Target Reached, Profit +15 %(or +60 %) for 63 days
NYSE:HUM ClosE: HUM, STOP Reached, Loss -2%(or -8%) for 41d
Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made. As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory. Looking at this...