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
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...
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...
⚡️Market news Gold price is briefly coming up for fresh air, as the United States Dollar (USD) has entered a phase of consolidation after two straight days of downside correction from an 11-month top. The subdued tone around the US Dollar could be attributed to a slightly upbeat mood in the Asian session this Friday, despite mixed Chinese property market...
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
"Bitcoin Miner Reserve Trends and Regulatory Factors Impacting Price Sentiment" The miner reserve of Bitcoin plays a significant role in the cryptocurrency market as it represents the total amount of BTC held by miners and mining pools, yet to be sold. Monitoring their trading patterns offers valuable insights into market sentiment since miners often sell their...
The Euro Vulnerable to Reversal Against USD, says RBC BlueBay Portfolio Manager Neil Mehta, a portfolio manager at RBC BlueBay, warns that the euro's positive performance may be at risk of reversing. He highlights the euro's susceptibility to weakness, especially against the U.S. dollar, as the U.S. economy shows resilience without significant signs of slowing...
Trading is an incredibly captivating and exhilarating profession that holds the promise of substantial profits, financial independence, and the freedom to work from anywhere. However, alongside the allure of great rewards, there are significant risks involved, resulting in a high failure rate of around 90% among traders. So, why do so many traders fail? Let's...
U.S. Fed chair Jerome Powell faces lawmakers in two days of testimony and is likely to be questioned on whether rates will really rise again in July and peak in a 5.5%-5.75% range as projected. "Investors fear Powell will hint that rate hikes could resume next month after the hawkish pause at last week's FOMC meeting," DBS analysts said in a note. Around 80% of...