Dear traders! Gold prices increased to new bids, despite the risk-on market sentiment. The US dollar tried to recover even as US Treasury yields fell again. The path of least resistance emerges for Gold prices amid Bear Cross and bearish RSI. From the 1D chart, Titan personally appreciates the dip-buying strategy for gold to continue as long as the 2300 support...
BTCUSD trading ideas: If you are a swing investor, pay attention to the 65,000 area as long as the price holds, buyers will push the price up significantly, while on a breakout we will see the downtrend continue. Personally, I am optimistic that after adjusting to the designated area, the price will recover to resistance. A breakout and consolidation above...
Gold prices fell on Monday (June 17), influenced by rising US bond yields, while investors waited for more US economic data and comments from Reserve officials. The US Federal Reserve (Fed) this week will have more signals about the outlook for monetary policy. At the end of the trading session on June 17, the spot gold contract dropped 0.8% to 2,315.14 USD/oz....
Gold dropped to around $2,320 per ounce on Monday, following a more than 1% rise last week, under pressure from higher US Treasury yields, while market participants awaited further cues to gauge the Federal Reserve's monetary policy trajectory. Last week's data indicated that US consumer prices held steady in May for the first time in nearly two years, while...
Dear traders! After struggling to gain traction in the first half of Monday, EUR/USD turned north during the US session and closed in positive territory. The pair was relatively quiet early Tuesday and hovered within a tight channel above 1.0700. However, traders should note that during US trading hours, several Federal Reserve policymakers will be giving...
Hello Traders ! The Bitcoin Price formed a new double top pattern. At the moment, Th neckline is broken ! The support line is also broken ! So, I predict a bearish move📉 _________ TARGET: 62050.00🎯
Greetings Traders! Current Market Analysis: At present, I am observing bullish institutional order flow stepping into GBPUSD. The key evidence for this bullish momentum is the support provided by the bullish order block, an institutional support zone. Additionally, the price has filled the liquidity void preceding the order block, further reinforcing its...
The price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently forming a double bottom pattern after its recent channel breakout. On the 1H timeframe, the market has been trading sideways since the Asian session, suggesting a potential pause in the bearish momentum. Given that the markets often consolidate after...
The price perfectly fulfilled my last idea. The market has fallen out of the main resistance zone, and the FX:GBPAUD is currently trading around the psychologica level of 1.9200. Furthermore, a head and shoulders pattern is emerging, indicating that the market may be poised for a downward move. Given that the market previously consolidated between 1.8900 and...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.141. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
After a Huge Bearish Move, The EURNZD Reached a strong support level (1.74700 - 1.73836). Currently, The Last Lower high is broken (change of character) So, I predict a bullish move📈 __________ TARGET: 1.76245🎯
USCAD is moving in a descending channel, We expect the decline to continue after the dynamic resistance is retested. USDCAD is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I...
Dear traders! Overall from the chart, BTCUSDT is still falling into a clear sell-off wave. (Clearly indicated by an arrow pointing down). Accordingly, the BB indicator once again shows signs that the market's price decline is gradually slowing down (moving within a BB range). So we want to look for buy and sell levels according to resistance and support. I expect...
The S&P500 index (SPX) recovered from April's correction and rebounded on the 1D MA50 (blue trend-line) during late May's consolidation, much faster than all previous corrective phases within the 1.5 year Channel Up pattern. This has resulted in the price testing again the top of that pattern, first time since April 01. So far it has been there but failed to...
Hello,Traders! AUD-CAD is about to Hit a horizontal support Around 0.9050 and after The retest the pair is Likely to make a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Greetings Traders! Current Market Analysis: At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today: Key Observations: Institutional Order Flow: We are entirely bearish, so our strategy is to find...
Hello,Traders! NZD-CAD went down again To retest the horizontal Support level of 0.8392 And it is a strong level So we will be expecting A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 2329.3 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2316.8 About Used Indicators: For more efficient signals,...