Hello dear traders! Do you think XAUUSD will increase or decrease? Overall, XAUUSD continues its corrective trend in today's trading session. But at the same time, a Double Top has appeared on the 3-hour chart, capped below the resistance level of 2330-2335 USD. It is worth noting that the mentioned support zone is believed by investors to be a very strong...
Hello friends! Currently, BTCUSDT is still continuing its recovery trend, with prices above the $66,000 mark. Specifically, it is trading at 66,730 USD, up 0.47% on the day, and the uptrend is still popular with medium and long-term investors. Observations across different time frames show that BTCUSDT is making significant progress, with a promising bullish...
Hello dear traders! Today, BTCUSD continued to recover from last week's chaotic fluctuations. The price has remained stable within its trading channel and has shown an impressive recovery after approaching the lower boundary of the channel. At the same time, a bullish flag is gradually forming. Theoretically the price will quickly break the upper limit of the...
Hello dear traders! So, as my previous prediction, after a long period of decline EURUSD has ended by increasing at a high level, currently trading at 1.0690. It can be seen on almost every timeframe that EURUSD is making significant gains, indicating a very positive price outlook. So do you wonder why the EU increased so strongly? On impact news: Another...
Hello dear traders! Overall, we see a trend change, then the market moves into a consolidation phase and reaches 157.12. Sellers have less and less chance to hold the resistance zone because the uptrend is so strong. According to statistics, the strongest fluctuations are after a breakthrough. In the current scenario, as long as the 146.50 support level holds, a...
Hello dear traders! GBPUSD is still in a downtrend. Currently, it trades at 1.2430, with strong support at 1.2338. The pair is looking to overcome resistance at 1.2553, but this remains a major challenge. Regarding international market information: The US dollar is falling, and the risk sentiment in the market is supporting GBPUSD. Mid-term investors are waiting...
Dear friends! On the world market, gold price reached 2,320.35, down 3.37 USD. Part of the reason for the price drop is that hedge funds have reduced their allocation to gold, while some tensions in the Middle East have cooled slightly in recent days. The downtrend could continue with a break from the bullish structure around $2,380. Overall, the downtrend is...
Hello dear traders! Let's update the ETHUSDT strategy and discuss this idea! Overall, the lower highs and lows reinforce the bearish outlook for ETHUSDT, which is currently trading around $3,249, recovering 0.93% today. With the current general trend and the consolidation from the EMA 34.89 technical indicator, investors should still monitor trend-following...
By checking the gold chart in the 1-hour time frame, we can see that after growing to $2331, the price went down and corrected to $2312! By stabilizing the price below the range of $2316, we can expect more fall from gold! The possible targets of this drop are $2309, $2303 and $2284 respectively! If the price drops to $2303, we will probably see a relative demand...
Hello dear traders! XAUUSD touched 2317 USD continuing its downtrend as the market gradually eased concerns about escalating tensions in the Middle East. This means that gold - which is considered a risk haven - has lost its position. Regarding impact news: comments from US Federal Reserve (FED) officials suggesting there is no urgent need to cut interest rates...
Hello dear traders! Overall, BTCUSD is changing the structure of the market observing a broken bullish technique, which can generally determine the medium-term potential. Price is testing $64.685, aggressively defended by sellers amid a wave of corrections and sell-offs The bullish momentum in general has been exhausted, the support level of 64,685 USD cannot...
By checking the #Euro_Dollar chart in the 2-hour time frame, we can see that the price moved to higher targets exactly as we expected, and we have seen +90 pips yield up to this moment! As you can see on the chart, the price has currently reached a supply range and that is why the initial reaction to it was negative! Therse is a possibility of price correction up...
XRPUSDT Trading Strategy: Today, XRPUSDT continued its downtrend, currently hovering around $0.5482, marking a 1.42%% decrease on the day. Personally, I still lean towards a bearish outlook, as the price is still below the limit of the rising channel. As long as this price channel remains unbroken, XRPUSDT is likely to face continued selling pressure. Keep an...
Price is trading within a triangle. A breakout to the upside will open the way to 1.81310 while a break of the support will propel the price towards 1.79430
Hello dear friends! XAUUSD continues its corrective trend. Previously, I warned about the approaching decline. Gold is shedding buyers and appears to be heading towards finding a medium-term bottom. From a technical perspective: The first point of resistance is seen at the previous day's high of $2,334, above which the psychological level of $2,350 will be...
BUY ABOVE - 48120 SL - 47940 TARGETS - 48260,48400,48510 SELL BELOW - 47940 SL - 48120 TARGETS - 47840,47700,47560 NO TRADE ZONE - 47940 to 48120 Previous Day High - 48260 Previous Day Low - 47940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hello dear traders! The current situation for GBPUSD shows that the downtrend is still continuing to develop after a recent strong breakout in the 1.242 area. Currently, GBPUSD is stable around 1.2363, with a slight increase of 0.11% on the day. However, trading activity is still controlled by the exponential moving averages EMA 34 and 89, which shows a not very...
USDCAD tested an intraday horizontal support. After its test, the price formed an inverted h&s pattern on an hourly time frame, and broke its neckline. We can expect a pullback now, at least to 1.36845 ❤️Please, support my work with like, thank you!❤️