We are currently experiencing a phase of stagnation with Alibaba, as the stock remains in a new accumulation phase after breaking out of the previous one. The price might retest the Point-of-Control along with the trendline that was broken during the breakout, potentially providing a good momentum boost. Despite the sideways movement, our position remains...
✅EUR_AUD is going down And the pair broke the key Horizontal level of 1.6229 Which is now a resistance And the breakout is confirmed So we are bearish biased and We will be expecting a Further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
BUY ABOVE - 49890 SL - 49670 TARGETS - 50100,50250,50550 SELL BELOW - 49670 SL - 49890 TARGETS - 49530,49290,49050 NO TRADE ZONE - 49670 to 49890 Previous Day High - 50250 Previous Day Low - 49670 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 - 23400 SL - 23370 TARGETS - 23500,23600,23700 SELL BELOW - 23370 SL - 23440 TARGETS - 23300,23230,23150 NO TRADE ZONE - 23370 to 23440 Previous Day High - 23500 Previous Day Low - 23370 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,Traders! EUR-USD went down Sharply but the pair has Hit a horizontal support Of 1.0720 from where We are already seeing a Local bullish reaction So we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The chart is pretty self-explanatory as always. But as usual, Below are some good-to-know pointers. - The price has been stuck in a range for about a year now - The support zone is holding up. But for how long, we do not know. - The best case scenario will be the break of the support inviting sellers followed by filling of the long due gap and a recovery. Again,...
Dear Traders, We are convening a discussion focused on #0X0USDT Bullish pennant on 3D timeframe☝️ Looking for a breakout and leg upwards📈 Expecing 100% Bullish Wave 📈
XAU/USD decreased slightly, currently trading around 2,314 USD/ounce. Yesterday, XAU/USD turned down after the Federal Reserve (Fed) signaled that there would only be one interest rate cut this year in the context of inflation still far from the target level. The Fed kept interest rates steady on Wednesday, while policymakers forecast just one rate cut in...
My dear subscribers, This is my opinion on the EURAUD next move: The instrument tests an important psychological level 1.6243 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6298 My Stop Loss - 1.6210 About Used Indicators: On...
S&P 500 Index Technical Analysis The S&P 500 ( OANDA:SPX500USD ) has continued its bullish trend as anticipated, successfully reaching the projected targets. With the Consumer Price Index (CPI) result being released at 3.3% as we expected, the index tested its final resistance level of 5450. Intraday Analysis: Today, the price may stabilize within the...
GBP/USD gained significant bullish momentum on Wednesday, reaching its highest level since early March, climbing above 1.2850. The pair managed to sustain most of its gains throughout the day, closing in positive territory for the third consecutive session. However, in the late American session, some of these gains were pared back. Early Thursday, GBP/USD is...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0728 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0789 About Used Indicators: On the subsequent day,...
My dear friends, AUDCHF looks like it will make a good move, and here are the details: The market is trading on 0.5922 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.5931 About Used Indicators: Pivot points are a...
My dear subscribers, USDJPY looks like it will make a good move, and here are the details: The market is trading on 156.05 pivot level. Bias - Bullish My Stop Loss - 155.69 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 156.61 About Used Indicators: The average true range (ATR) plays an...
EUR/USD experienced a significant upward movement on Wednesday, driven by an overall increase in market risk appetite following the release of a cooler-than-expected US Consumer Price Index (CPI) inflation report. This positive sentiment was initially bolstered as the lower inflation figures suggested a potential easing of pressure on the Federal Reserve to raise...
💥Gold prices (XAU/USD) gained positive traction for the third straight day on Wednesday and touched a new weekly high, around the $2,341-$2,342 region as US consumer inflation figures softened slightly. 💥Gold then fell sharply after data from the US Federal Reserve (FED) signaled there would only be one interest rate cut this year. in a context where inflation is...
Headline inflation rose 3.3%. At the same time, core CPI, which excludes volatile food and energy prices, rose 0.2%, also below expectations; according to consensus forecasts, economists are expecting a 0.3% increase. The report said annual core inflation rose 3.4%. While inflation remained above the Federal Reserve's 2% target, it fell from last month's 3.6%...
International gold prices are currently trading around $2,330 USD/ounce, up slightly from the previous session. This increase is mainly due to expectations for the US inflation report and current geopolitical developments. If inflation data is higher than expected, gold demand could increase due to concerns about prolonged inflation. A strong USD could put...