Gold comes under pressure as the week of major central bank meetings begins Gold extended its decline from last week's economic data, with focus shifting to this week's Fed meeting World gold prices had a volatile week when US economic data was stronger than estimates. The precious metal plummeted from $2,179 to $2,152 on a higher-than-expected CPI report,...
We already discussed last week that AUDCHF looks very bullish. I see one more strong bullish confirmation on a 4H time frame today. After a test of an intraday support, the price broke and closed above a resistance line of a falling wedge pattern. The pair may keep growing today. First goal - 0.58237 ❤️Please, support my work with like, thank you!❤️
Most Asian currencies traded slim on Monday, even as the greenback steadied close to a two-week excessive as cognizance became to a sequence of vital financial institution meetings, mainly are the Bank of Japan and the Federal Reserve. Strong US inflation readings from final week left investors cautious of any tightening stance from the Fed, even as wonderful...
Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
Looking for a scalp short on USDJPY on market open, hit the top of the channel with a rising wedge on bearish divergence should get to the bottom of the channel but will just take profit at resistance. GL
Gold prices fell nearly 2,155 USD in early trading on Monday in Asia. The FOMC will likely leave interest rates unchanged at its March meeting on Wednesday and will be in no rush to cut rates. Chinese policymakers emphasized the need to continue implementing proactive fiscal policy and strengthen the country's economic recovery. China's February retail sales and...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two structures and testing support at 2155 Goldturn with a retracement range just below at 2147 weighted level. If we see the 2155 hold then price will head towards our Bullish target at 2166 and a break and lock above 2166 will see the range...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two structures, support at 2151 Goldturn and resistance at 2171 Goldturn. We are looking for a bullish test on 2171 and a break and lock above 2171 will open the range above. We also have a immediate bearish test at 2151 and a break and lock...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. We are now seeing the...
Gold weakens after US PPI data, focus turns to consumer sentiment report. Gold falls lower as PPI data is better than expected, boosting USD and US government bond yields. In the March 14 session, gold weakened after the release of US PPI data increased higher than expected, causing the market to lower the price of interest rate cuts. The precious metal fell...
Hey Everyone, Please see update on our 4H chart idea that we shared last Sunday. This chart has played-out perfectly with price hitting our first Bullish target start of the week at 2190 followed with no cross and lock above confirming the rejection into the retracement range completing our retracement targets. We are seeing price bounce between the two...
Holding above 4.246 is bullish and you can set a stop below which is good R R. Below that I would look at 3.316 where there is also a 200DMA and an excellent price for DCA Below I will post my zones where I am looking to insert DCA on this altcoin because there is already a big discount
AUDCHF formed a nice double bottom, retesting a recently broken horizontal resistance. I expect a further growth on the pair now. Next goal - 0.5835 ❤️Please, support my work with like, thank you!❤️
Hey Everyone, Following on from yesterday, as suggested we are seeing price play within the range 2178 Goldturn resistance and 2157 Goldturn support. Yesterday we stated that EMA5 failed to lock below 2157 retracement level, which followed with the bounce into 2166 and leaving target 2178 open. This was hit perfectly and then once again ema5 failed to lock...
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) Signal For 12 Mar 2024 Trade Idea 1 Sell LIMIT Order: $2163.71 Stop Loss: $2177.00 Take Profit 1: $2150.66 Take Profit 2: $2141.37 Trade Idea 2 Sell LIMIT Order: $2171.77 Stop Loss: $2185.07 Take Profit 1:...
◳◱ On the $SOL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 163.02 | 181.65 | 229.29 and support near 115.38 | 86.37 | 38.73. Entering trades at 171.1 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣...
The USD remained strong because the marketplace waited for US records In forex markets these days, americaA greenback confirmed little volatility as buyers awaited the discharge of extra financial records from america to gauge the capacity route of Federal Reserve coverage state. After the discharge of a higher-than-anticipated US patron fee index (CPI) on...