As you can see from the chart, DYDX is forming a nice broadening wedge. Entry and exit details are in the chart. Follow us for more frequent updates. Cheers GreenCrypto Team
Gold Price looks north as investors seek refuge amid inflation, growth risks. XAUUSD shrugs off firmer US dollar, yields on hawkish Fed’s outlook. Gold bulls keep their sight on $2,000 but acceptance above $1,990 is critical. Having booked the second straight weekly gain, gold price is setting off a new week on the right footing, as bulls regather strength after...
EUR/USD bulls are out and about in the run-up to the ECB. The US dollar is giving some relief to the forex space for which the euro is benefitting from. At 1.0902, the euro vs the greenback is higher by 0.13% and has travelled between 1.0882 and 1.0908 within a relatively tight range as markets consolidated within hourly ranges. Traders are awaiting the European...
Gold Price Forecast: XAU/USD bulls flirt with ascending channel /50% Fibo. confluence Gold prolonged its recent move up and shot to a near one-month high on Wednesday. Inflation fears, the Ukraine crisis, modest USD pullback remained supportive of the move. The prospects for a more aggressive Fed kept a lid on any further gains for the metal. Gold stretched its...
EUR/USD has extended its slide toward 1.0800 early Wednesday. The pair needs to reclaim 1.0860 to attract bulls. A drop below 1.0800 could ramp up the technical selling pressure. EUR/USD has declined toward 1.0800 in the early European session on Wednesday amid the unabated dollar strength. Although the pair managed to recover modestly, it might find it difficult...
My buy idea on the current situation of Bitcoin /BTCUSDT: I have been following the ascending triangle for several weeks. I trade the resistance line between 45k and 46k USD as SHORT. I trade the diagonal support line as LONG. Here: Entry: 40 .200 USD Target: 45.000 USD (+11%) Stop: 38.500 USD
Gold Tests Resistance At $1950 As Demand For Safe-Haven Assets Stays Strong Gold managed to settle above $1935 and is testing the next resistance level at $1950. Gold attempts to move higher amid rising geopolitical tensions. Gold markets ignore rising yields and stronger U.S. dollar, which indicates that demand for the safe-haven gold is strong. A move above...
GBP/USD Price Analysis: At ‘make or break’ to near 1.3000 The cable is testing the yearly lows at 1.3000. For further movement in the asset, the momentum oscillator RSI (14) is advocating bears. The 200-EMA has acted as a major barricade for the pair. The GBP/USD pair has remained in a bearish trajectory after printing March highs to near 1.3300. The asset has...
EUR/USD bulls step it up from daily support, testing 1.0900, French elections in focus EUR/USD is on the front foot to start the week, testing 1.09 territories. The French elections have kicked started bulls into gear. French President Emmanuel Macron is leading in the polls of the last round of the presidential elections. EUR/USD is testing the 1.09 area at...
My trading idea for JP Morgan - SHORT / SELL Entry: 133.20 USD Target: 108.00 USD (+18% profit) Stop: 146.10 USD JPMorgan Chase & Co . is a global financial services company. The company operates in four segments: consumer & community banking ( CCB ), corporate & investment bank ( CIB ), commercial banking ( CB ) and asset & wealth management ( AWM ). U.S....
EUR/CAD has been bearish for the past few months look at the EUR/CAD chart from the technical side we can see we approach a major level of support on the pair where we can look for buyers to take control of the market. on the fundamental side we have EURO Election soon so keep and eye on the pair. Let see what Will be Next Move. Warning- I am Not a Financial...
BUY & bove Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Keep an eye on GU for long opportunity we can clearly see the market is heavily over sold and we are hitting some major support where we can see buyers step in the market at anytime pat attention to your candlesticks patterns around those major support zone
XRP Price Prediction: Ripple builds momentum for a breakout. A break below our black bullish trendline can open room for 0.5000 area where we can see strong buyers. Keep an eye one XRP.
USD/CAD: All eyes on the BoC next week as US dollar reaches for the skies Bank of Canada is expected to announce that it is ending its balance sheet reinvestment program. USD/CAD presses against daily resistance as the Fed narrative underpins. USD/CAD is holding in the resistance around 1.2590 that was penetrated but simultaneously hamstrung the pair overnight,...
GBP/USD sees a downside to monthly lows at 1.3050 as the Fed looks to return to neutral rates quickly. GBP/USD is likely to slip to near 1.3050 on the hawkish stance from the Fed. The Fed may achieve the target of the neutral rate by the first quarter of 2023. Next week CPI numbers from the US and the UK will remain the key events to watch out. The GBP/USD pair...
EUR/USD looks to drop near 1.0850 on Ukraine crisis, hawkish ECB minutes EUR/USD is eyeing more downside as DXY strengths on discussions of restoration to neutral rates. The shared currency has failed to capitalize on hawkish ECB minutes and decent Retail Sales. Members of the UN Human Rights Council voted in favor of ceasing Russia as an associate. The EUR/USD...
EUR/USD has failed to stage a convincing rebound early Thursday. Hawkish tone in FOMC's March meeting minutes lifted US yields late Wednesday. Investors await ECB's Monetary Policy Meeting Accounts and Fedspeak. EUR/USD has extended its weekly slide on Wednesday and ended up closing the fifth straight trading day in negative territory. The pair managed to stage a...
My trading idea for #DeliveryHero - LONG / BUY Entry: 45.00 EUR Target: 91.00 EUR (+100% profit) Stop: 27.20 EUR Delivery Hero is currently forming a support line around the 39.00 EUR mark. The consolidation has formed higher highs for the moment. A breakout from the range is still awaited. Significant resistance for this is at 50.40 EUR. Delivery Hero has a...