My dear friends, APPLE looks like it will make a good move, and here are the details: The market is trading on 171.20 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 179.82 About Used Indicators: Pivot points are a...
During the Asian session on Thursday, the USD/JPY pair experienced a slight decline from its November highs and was trading around 149.40 with a positive bias. The market is currently cautious due to concerns about the US Federal Reserve's interest rate trajectory, as well as higher US Treasury yields and economic data. Despite a decrease in consumer confidence...
Hello traders! Today, EUR/USD fell below 1.0600 for the first time in several months, breaking above the key support level of 1.0630. With prices below that, there is a possibility of further losses. The daily chart shows the pair heading towards a range of 1.0510 to 1.0530, which represents the February and March lows. Looking at the technical picture on the...
Greetings to all! Presently, the price of gold in the global market is experiencing a continuous decline, with spot gold dropping by 14.9 USD to reach 1,900.9 USD/ounce. This decline can be attributed to both the strengthening dollar and the rising yields on 10-year bonds, which have reached significant levels. Even though the US Federal Reserve (Fed) is...
My dear subscribers, This is my opinion on the USOIL next move: The instrument tests an important psychological level 90.71 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 91.92 About Used Indicators: On the subsequent day, trading...
USDCHF is trading in a strong bullish trend. After the price set a new higher high on a daily, it retraced to a key horizontal support. Analyzing the reaction of the price to that, I have spotted a bullish breakout of a resistance line of a falling wedge pattern. It is an important sign of strength of the buyers. The market will most likely resume growth next...
Ethereum has consolidated above 50EMA on 30m TF. Volumes declined on the correction. I believe that the asset will continue to grow after the price fixes above the resistance level.
✅DAX made a retest of The broken key level Of 15,530 which is now A resistance and made a Pullback so I will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-CAD is making a Bullish correction from The lows and will soon hit A horizontal resistance level Of 1.6624 from where I will be expecting a Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_JPY went up to retest a horizontal resistance level of 158.500 Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below at 157.631 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅AUD_CAD was trading in a Falling narrowing wedge but Now we are seeing a bullish Breakout which is confirmed So I think that we will see A further move up next week LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-JPY is now going Down form the horizontal Resistance of 183.2 so we Locally bearish biased and I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin broke through the downward 50EMA on the 30m TF. The chart has formed descending tops. I believe the asset will continue to decline.
AVAX broke down through 50EMA (30m TF) RSI fell into the bearish zone (1H and 30m TFs) I think the price will continue to decline after fixing under the support level.
50EMA broke up through 200EMA (30m TF) RSI is in the buying zone. I believe that the asset will continue to rise.
EUR/USD slipped below 1.0600 during Friday's American session, retracting part of its daily gains, despite a positive market tone following PCE inflation data. The rebound from the year's lowest daily close improved the Euro's outlook, although the overall trend remains bearish. A potential recovery could reach 1.0700 without altering the bearish trend. On the...
GBPUSD rebounded strongly, breaking the previous downward trend with low momentum. The market rebounded strongly with the majority of bullish candles being momentum candles with large candle bodies. It can be seen that in the short term this pair is moving in an upward direction. higher and the first resistance area it can find is the area around 1.2350. The...
As you know, I was bearish Gold since Tuesday and argued that, if XauUsd breaks under 1915 zone support, we could assist a 500 pips drop. The "major target for bears" was hit yesterday and now we may wonder what's next. Technically, the structure is strongly bearish, however, considering the magnitude of the recent drop, a correction to the upside is probable....