Market Analysis PT2/2 (13th May 2024) XAUUSD Analysis On the daily timeframe, we have created a Change of Character to the upside at the 2352 level. Currently price is creating a pullback towards that key level. What i want to see is for price to come down lower towards the 2352 level before deciding whether to long or short. If price fails to create a 15...
Here is our detailed technical review for USDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.368. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.372 level soon. P.S The term oversold refers to a...
Please, check our technical outlook for NAS100USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18154.0. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18409.4 level. P.S Overbought describes a...
Take a look at our analysis for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 60859. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 66928 level. P.S The term oversold refers to...
Here is our detailed technical review for NAS100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 17914.2. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9...
Technical analysis of gold also shows bullish prospects. Gold prices have charted an ascending widening wedge pattern since 2016, starting from a low of $1124.30. This pattern is often recognized for its expanding trend lines and suggests increasing volatility and bullish sentiment as price makes higher highs and lows. Furthermore, another bullish pattern has...
Cadastral tensions have boosted gold prices This weekend, americaA Consumer Price Index (CPI), Producer Price Index (PPI) and Retail Sales may be launched and might supply a few guidelines approximately the financial outlook and inflation trajectory. broadcast. Senior FED officers have given statistics that slicing hobby quotes in 2024 is appropriate, bringing up...
Cadastral tensions have boosted XAU prices This weekend, the US Consumer Price Index (CPI), Producer Price Index (PPI) and Retail Sales will be released and may give some hints about the economic outlook and inflation trajectory. broadcast. Senior FED officials have given information that cutting interest rates in 2024 is appropriate, citing inflation still rising...
For USD, the weekend before May 10, the SBV announced the central exchange rate of 24,271 VND, an increase of 6 VND compared to the previously listed rate, the reference exchange rate at the SBV Exchange was at 23,400 - 25,450 VND. . Buying prices at commercial banks currently fluctuate between 25,120 - 25,225 VND while selling prices reach 25,484 VND. On the...
World gold price (XAU/USD) increased nearly 1.5% at one point last weekend, reaching a high of $2,378 before closing at $2,360. This is the second consecutive rising session since the previous sideway period. This precious metal broke out strongly in the context of geopolitical tensions showing signs of escalating in Gaza when peace negotiations between Hamas and...
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 13 May 2024 BUY LIMIT Order: $2358.02 Stop Loss: $2345.07 Take Profit 1: $2370.72 Take Profit 2: $2387.60 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
✅USD_CAD is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at 1.370 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EUR/GBP Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Hello,Traders! GOLD broke out of the Bullish wedge pattern and Went up just as I predicted And is now going down To retest a horizontal Support level around 2346$ And as we are bullish biased We will be expecting A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BUY ABOVE - 47560 SL - 47400 TARGETS - 47730,47900,48050 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47560 Previous Day High - 47900 Previous Day Low - 47400 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...
BUY ABOVE - 22070 SL - 22020 TARGETS - 22120,22180,22240 SELL BELOW - 22020 SL - 22070 TARGETS - 21960,21900,21850 NO TRADE ZONE - 22020 to 22070 Previous Day High - 22120 Previous Day Low - 21960 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...
✅SPY surged again to retest the resistance of 524.57$ But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY made a retest of The horizontal support Of 105.000 from where We are already seeing A bullish reaction So we think that the Index will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!