GBP/USD will fall to 1.2650 during the European session on Wednesday. Divergent Fed-BoE policy outlooks and pre-UK election jitters keep the pair weakened, despite risk appetite. Attention turns to mid-range US data, as the UK calendar is void of data. The 200-period simple moving average (SMA) on the 4-hour chart lines up with immediate resistance at 1.2700. In...
Gold increased for the second consecutive trading day, the gold price once reached 2,320 USD. The market will receive the Federal Reserve's interest rate decision and US CPI data, which is expected to explode the market. US CPI Data and Federal Reserve Decision Coming Soon. US May CPI data will be released a few hours before the Fed decision. If inflation stays...
ROBINHOOD - Long Term Exponential Potential HOOD as a less favored stock has been bottoming in price for over 2 years....I believe the GameStop saga coming to an end and their rich product suite along with major growth presents a potential exponential opportunity ✅ Exponential Return Opportunity: The price fell 78% from $85 to $6.81 and since June 2022 has...
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
Pair : Germany30 Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line Completed " 123 " Impulsive Waves Break of Structure Fibonacci Level - 261.8%
Pair : Germany 30 Description : Completed " 12 " Impulsive Waves RSI - Divergence Break of Structure Double Top Resistance Level Bullish Channel as an Corrective Pattern in Short Time Frame
The GBP/USD pair soared after the collapses of Borstad and Bank of England last week. In its decision, the government chose to keep interest rates unchanged at between 5.25% and 5.50%. This was the bank's third meeting aimed at eliminating low interest rates. The biggest news in the report was the central bank's announcement that it would start cutting interest...
Chart The British Pound defended the confluence support at 1.2084/89 throughout the month. This range is defined by the targeted year-to-date open and 78.6% year-to-date retracement. range. Price has fallen just above this threshold and monthly opening resistance is currently at 1.2199. The focus will be on a breakout of this short-term range by the end of the...
Over time, inflation returned to 2%. New and old uncertainties complicate our challenge of balancing the risks of monetary policy being too tight with the risks of being too tight. If too little is done, above-target inflation could become entrenched and ultimately force monetary policy to contain more persistent inflation in high-employment-cost economies. Going...
GBP/USD is currently trying to settle above the resistance at 1.2180 – 1.2200 as traders bet that Fed will not raise rates again this year. In case this attempt is successful, GBP/USD will head towards the next significant resistance at 1.2370 – 1.2410, although it may also face resistance near the 1.2300 level.
SD/JPY remains in a difficult position as the fundamental backdrop remains tilted in one direction, but the threat of intervention acts as an obstacle to trend continuation. At this stage, the deviation in many JPY pairs is still large because the Bank of Japan keeps interest rates at the floor level despite rising inflation. Most other major economies have...
THE OIL can be bearish the next weeks We have a big resistance at this price the oil should correct his bullrun to the 82$ in the next weeks . i wait some support thanks.
Nice little Gold short 1 to 4 expecting a pullback too continuation DM for Funding
Rejection at 1886 XAUUSD | Bullish H4 TimeFrame Last Week Gold touched at 1886.00 and after that the market candle was bullisht so expected move would be buy as per my thoughts Target has been properly described in chat 1895-96.00 -- 1905.00-- 1910.00 - Always Risk 1% of your equity - Proper Risk management would be applied
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Pullback, we'll see what the market does upon it's opening. DXY bias looks like it wants to continue to the downslide. Now that the dust has settle from NFP i'm looking for a push to the downside in the coming week. Everyone have a safe and enjoyable Sunday. Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a...
The first target was reached by Bitcoin yesterday, by a slight difference, and the price bounced from it, and it is expected to return to touching this level, and it is considered a minor and weak support, and it can be broken easily Today, it is expected to break 22.8K, and head towards the second support levels at 22.4K, and it is likely to be broken if the...