EURUSD: In yesterday's trading session, EURUSD plummeted to 1.0890. However, this morning's trading showed that there were no encouraging signs for the recovery outlook, and the EURUSD may continue to fall. Proceed to the 1.0850 area. In today's session, I think you can consider buying GOLD around 1.0860.
The $2,000 level below current prices represents an important support zone that could serve as a strong "bottom" for the market. However, be aware that reaching this level may not be easy.The release of the Core PCE Price Index, expected on Thursday, could cause significant movements in the market.Index This is the Federal Reserve's preferred indicator and could...
Hey Everyone, We had our 2047 Target hit yesterday with another retest today. Ema5 failed to cross above 2047 to solidify the next level above and therefore a rejection followed into the support Goldturn at 2032 for a perfect bounce. We took a buy from the dip for a safe 30 pip capture inline with our plans to buy dips. As stated throughout the week, when...
Adjust your risk/reward appropriately. And make it risk free when in good profit... ---- About the analyst: Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. After a long while of diplomatic cooperation as an adviser to Barack Obama, and as a veteran; but, finally, unfortunately he got deported from Turkey to Iran. While, in fact, he was praised by...
The Fed increased interest rates six times from March 2022 until now, helping the USD strengthen, combined with the financial market fluctuating in an upward direction, causing some investment funds to sell gold to redirect profitable investments. Gold prices will stagnate in the third quarter and increase sharply again at the end of the year due to the influence...
XAUUSD has showcased remarkable dynamics in recent trading sessions, commencing the week with an extraordinarily bullish momentum and signaling the potential for an immensely bullish monthly closure. In response to this impressive bullish surge, we are strategically considering a sell-off, viewing it as a natural course of simple market corrections. Preceding...
Possible false breakout in NASDAQ:META .It is not quite in place because the price is not below the top price from summer. But if we get there below the dotted line on my graph we have a false breakout in Meta. 3 reasons why: RSI Divergence MACD Lines Divergence MACD Histogram Divergence. Even though is not a pure divergence yet, we can compare the power...
In the realm of EURUSD, a flurry of Euro-related CPI inflation data is poised to make its entrance in just a matter of minutes. Our focus is keenly set on witnessing a more pronounced rejection of the psychological price point at 1.10, paving the way for a potential support discovery around the 1.08500 mark or even the significant 1.0800 whole number. As our...
The British pound has been heavily influenced but the US dollar of recent with investors becoming less hawkish on the Federal Reserve’s interest rate path. Recent weaker US economic data has prompted such an outlook alongside some dovish Fed commentary. During yesterday’s US trading session, the 2nd estimate on US GDP surprised to the upside but the market...
The euro fell 0.17% versus the dollar to $1.0973 EURUSD, pressured by inflation data from Germany showing price growth slowed to 2.3% year-on-year in November from 3% in October. Inflation in Spain also slowed sharply. The euro zone-wide inflation figure is due out on Thursday, before the Fed's preferred measure of U.S. inflation, the personal consumption...
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup. The only Trades which have been highlighted are ones coming off a level and showing promise.
Gold edges higher in the early morning Asian session, underpinned by prospects of Fed rate cuts next year, which would increase the appeal of the non-interest-bearing precious metal. Treasury yields have stayed under pressure following Fed governor Waller's comments earlier this week that monetary policy is well-positioned to return inflation to a 2% target, ANZ...
Hey Everyone, Once again we smashed another target taking the Bull all the way up into our 2047 target with only 2066 remaining. Buying from dips allowed us to manage any swings safely. Although the weighted level break has opened 2066, the target will be solidified with a ema5 lock confirmation above 2047. Once again we had plenty of time to get in for this...
◳◱ On the $ELF/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.5558 | 0.6671 | 0.8366 and support near 0.3863 | 0.3281 | 0.1586. Entering trades at 0.4698 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: aelf ▣ Rank: 143 ▣ Exchanges: Binance, Kucoin,...
◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.1458 | 0.162 | 0.1935 and support near 0.1143 | 0.099 | 0.0675. Entering trades at 0.1355 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Chromia ▣ Rank: 307 ▣...
◳◱ On the $KEY/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.006361 | 0.006801 | 0.007974 and support near 0.005188 | 0.004455 | 0.003282. Entering trades at 0.006412 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Selfkey ▣ Rank: 565 ▣ Exchanges:...
GBP/USD has been on a bullish tear in November, rising nearly 4.5% since the beginning of the month. After Tuesday's gains, the pair has reached its best level since late August, but has been unable to reclaim the 61.8% Fibonacci retracement of the July/October slump (1.2720). If this ceiling holds, the upside momentum could run out of steam, paving the way for a...
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup. The only Trades which have been highlighted are ones coming off a level and showing promise.