My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2319.1 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2310.8 About Used Indicators: On the subsequent day, trading...
Hello dear traders what do you think about this analysis please comments..!? 🚀 Ethereum Alert: Brace for Potential Market Shift! Attention, Ethereum enthusiasts! 📈 In the 4-hour Ethereum chart, excitement is brewing as the price inches closer to engulfing the swap zone, hinting at an impending change in market dynamics. Traders are on high alert, gearing up to...
Render broke through the descending trendline and the resistance level. The bullish movement to a local high of $13.5 is expected to happen.
The DXY index is currently trading around the 105.00 mark, recording a slight decrease during Monday's trading session. The dollar remains supported by persistent inflation concerns, as Fed Chairman Jerome Powell has warned. However, the weaker-than-expected jobs report released last Friday showed signs that the US economy may be slowing and expectations that the...
BUY ABOVE - 48460 SL - 48220 TARGETS - 48660,48800,48970 SELL BELOW - 48220 SL - 48460 TARGETS - 48120,47940,47730 NO TRADE ZONE - 48220 to 48460 Previous Day High - 49970 Previous Day Low - 48220 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...
Looking at the 4h and daily time frames we can see that price has bounced/rejected the 382 fib level and could be looking to push higher. There was a small order block below around 2310 which price headed towards before making a reversal. This area presented the 382 fib level which has had some short term rejections. With this, the 382 is likely to predict a 618...
Hello,Friends! Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 25.890. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Gold recorded its second consecutive week of decline after a 5-week recovery streak, but in general, investors are still optimistic about the recovery of gold. (Fed) is clearly expressing its opinion that it will no longer be tough in monetary policy from now until the end of 2024. Specifically, in a recent press conference, Fed Chairman Jerome Powell made it...
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0890 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.1001 About Used Indicators: The pivot point itself is...
Hello,Friends! We are targeting the 2278.032 level area with our short trade on GOLD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
GBP/USD gains traction above 1.2500, Fed keeps interest rates steady GBP/USD gains traction near 1.2535 early Thursday. The major pair's rally was supported by a sharp decline in the US Dollar after the US Federal Reserve kept interest rates unchanged. GBP/USD fell sharply on Tuesday and erased all of Monday's gains. The pair hovered in a tight range below 1.2500...
Gold is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The gold market's focus has shifted...
EUR/USD fell below 1.0670 yesterday as a surprise wage increase in the US revived concerns about persistent inflation. This reduces expectations of interest rate cuts and causes investors to seek safe haven assets and increase the strength of the USD. With European markets closed for the Labor Day holiday, investors' only major concern will be the Fed's latest...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 06 May 2024 BUY LIMIT Order: $2293.91 Stop Loss: $2277.09 Take Profit 1: $2310.47 Take Profit 2: $2332.50 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
If you haven`t bought the SMCI 10X call: Then analyzing the options chain and the chart patterns of SMCI Super Micro Computer prior to the earnings report this week, I would consider purchasing the 750usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $209.55. If these options prove to be profitable prior to the earnings...
Hello,Traders! AUD-CHF is trading in an Uptrend and the pair is Now trying to break the Key horizontal level of 0.5990 So If the breakout is confirmed Then we will be expecting A further 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 EURUSD next move: The asset is approaching an important pivot point 1.0784 Bias - Bearish Safe Stop Loss - 1.0825 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0726 About Used Indicators: For...