Gold has experienced a significant drop, pushing prices below the $2,340 threshold in Monday's US trading session. The easing of political tensions has provided clear indications that gold is gearing up for a profound adjustment. Additionally, expectations that the Federal Reserve will postpone interest rate cuts amidst stable inflationary conditions have further...
Hello everyone, let's look at the 4H BTC to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $66258 T2 = $67,856 T3 = $70048 AND T4 = $72912 Now let's move on to the stop loss in case of further market declines: SL1 = $63,919 SL2 = $62,263 SL3 =...
EUR/USD continues to face downward pressure as it drops below the 1.0650 level during the European trading session on Monday. The renewed strength of the US Dollar does not allow this currency pair to gain traction, especially as focus shifts to the speech by ECB President Lagarde. Chart analysis indicates that EUR/USD is continuing to approach support levels and...
In the European trading session, gold continued to decline to near 2,350 USD after retreating during the Asian session on Monday. This persistent decline is attributed to the increase in US Treasury bond yields. Additionally, the political situation in the Middle East has eased, reducing concerns and the search for safe-haven assets like gold. Looking at the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 ATOM has been hovering within a big range between $5-$6.5 support zone and $15-$16.5 resistance zone. 📉 Currently, ATOM is in a correction phase and approaching the lower bound of the range. 📚 As per my trading style: As #ATOM approaches the lower bound of the range, I...
Stage 1 base forming for Ocado, almost perfect rectangle, with multiple touches at 370 support. Is this a chance to go long, or will it break to the downside? wait and see. Do your own research (DYOR) and this is not a solicitation to make as trade.
Hello everyone, let's look at the 4H ETC to USDT chart as we can see the price is bouncing from the lower boundary of the downtrend channel. Let's start by setting goals for the near future that we can include: T1 = $28.51 T2 = $29.92 T3 = $31.92 T4 = $35.08 AND T5= $37.63 Now let's move on to the stop-loss in case of further market declines: SL1 = $22.82 SL2 =...
✅NZD_CAD went down but The pair will soon retest The rising support from Where we will be expecting A local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price remains in the newly created channel, in which we can see how the lower border of the channel coincided with a strong support zone from $62,581 to $59,738, thanks to which the price stayed and did not return to the area of $51,600. Currently, we can see a...
The British Pound is declining against the US Dollar following a day of volatile trading due to escalating Israel-Iran conflict. Leading figures from central banks, including the Bank of England (BoE) and the Federal Reserve, continue to make waves in the financial markets. Overall, the GBP/USD currency pair remains within a downtrend channel. This is evidenced...
Overall, the EUR/USD pair continues to maintain a downward trend. News reports of escalating tensions in the Middle East have spurred a flight to the US dollar (USD) as a safe haven, leading to the decline of the EUR/USD pair. However, upon examining the chart, clear signs of correction and recovery are evident. It is anticipated that the price will test the SMA...
The EUR/USD pair has witnessed a notable recovery above the 1.0650 level. Reports of escalating tensions in the Middle East conflict have prompted investors to shift their focus towards the US dollar (USD) as a safe haven, leading to a decline in the EUR/USD pair. From a technical standpoint, although the price is still maintaining a downward trend, signs of a...
There is possible short opportunity with good RRR due to breaking support and starting correction ....
In the US trading session on Friday, the price of gold (XAU/USD) faced pressure as it sought to reclaim near-record highs around 2,430 USD. Despite a slight decrease, the price of gold remained within its upward trend, supported by safe-haven inflows amid escalating tensions in the Middle East. Looking at the chart, we can see that the price of gold is...
Overall, the market has witnessed the continuation of an upward trend as political tensions in the Middle East show no signs of abating entirely. From a technical standpoint, the Relative Strength Index (RSI) is currently in overbought territory. This is seen as a signal that the market may undergo a short-term recovery before resuming a strong upward trajectory.
Overall, USD/JPY continues to maintain an upward trend. Looking at the chart, we can see that the upward trend is supported by technical indicators. Currently, the price is trading above the SMA lines, and it is expected to rise sharply in the near future.
The political tension between Israel and Iran continues to escalate, propelling Gold prices to regain momentum and surpass the $2,400 mark in Friday's Asian trading session. If this tension continues to escalate, forecasts suggest that Gold prices could experience even stronger growth, potentially reaching the $2,500 threshold. Looking at the chart, we can...
Overall, Bitcoin (BTC) is maintaining a downward trend. Despite showing signs of increase above the $65,000 mark, it experienced a decline during Friday's trading session in the US. It is expected that the price will adjust to the vicinity of the 0.5-0.618 Fibonacci level before continuing its downward journey.