Selling pressure came back into play for GBPUSD in the recent session as the price got closer to the 1.2400 resistance zone and produced more clear bearish indicators. Nevertheless, the earlier reversal signs, such as the double bottom pattern and the breakdown of price structure, remain intact. Therefore, it's advisable to maintain your current long positions...
According to Heraeus analysts, one of the key factors supporting the current strength of gold is the consistent and robust buying power of central banks. This remarkable level of central bank acquisitions may account for why gold prices have shown resilience, even in the face of downward pressure from a strong dollar and rising bond yields so far this...
#GBPUSD... Today market placed 1.2260 around low, It's a reasonable low sofar, Means in tomorrow this low will be very important and it will be your key level in tomorrow, Keep close it, Powell and Gov. Bailey is on table in tomorrow, Don't hold your buying positions below 1.2260 in tomorrow . Trade wisely Good luck
Recap The market has seen an extraordinary seven green days in a row, with ES not only recording its largest single green week since the first week of November last year but also forming a clear bull flag. Yesterday was largely a consolidation day, but it continued the green streak, making it an even rarer six in a row. Today, we tested 4368-66 in the morning,...
#GOLD.. market placed 1956 as day low sofar and now market again at his resistance area 1967 around . Keep close it because if market hold 1968 now then again drop expected otherwise not... Upside and downside areas are mentioned in chart.. Trade wisely Good luck
#GOLD.. market at his major supporting level 1969 it was our previous support that is again our major support of the day, It can change the scenario of market keep close it guys. Because any weakness below 1969 will be expensive, Only holding of 1969 can leads you again towards upside 1976 or 1984 but in that scenario it should hold 1969. Don't hold your buying...
Following three consecutive sessions of sharp decline, buying strength has resurfaced as the price nears the lower boundary of the ascending price channel. While the overall bullish pattern remains intact on the H4 and daily timeframes, it's worth noting the emergence of a bearish signal. A notably robust bearish pin bar has taken shape on the weekly chart,...
Recap We witnessed an impressive stock market rally, marking the largest green week since the inception of the current bull market in October 2022, and a record not seen since November 2020. Every trading day experienced significant gains, driven by a strategic short squeeze following a preceding sell-off period. The Markets Overnight 🌏 Asia: Up strongly 🌍...
#GOLD... market hold his first resistance area 1987.50 from european and UK session, keep close it because if market hold it in hour chart then again it will leads you towards downside supporting areas, downside we have 1981, 1976 and 1972 if not then upside immediate area will be 1991, keep close these areas and manage your positions accordingly. trade...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, attached on the chart, we have been looking for buy setups around the lower bound of the red channel. EURCHF traded higher and it is now approaching the upper bound of the channel again. Moreover, the zone 0.97 is a strong resistance. 🏹 So the...
The Bank of Japan has expanded the scope for adjusting short-term interest rates and has increased its inflation target for fiscal year 2024 to 2.8%. This means Japan's inflation will exceed the 2% target for three consecutive years and is closer to achieving sustainable price stability. If the Bank of Japan (BOJ) wants to have a clearer view of wage increases...
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is almost ready for another bullish wave. In this move we can see a good Bullish wave. We can see price around 1.085 soon. Keep in touch we will update further soon.
#XAGUSD (SILVER)... market placed 23.60 in last week. It's market dynamite area actually keep close it guys. If market hold it then drop expected otherwise not. Any weakness below that area will leads you towards again supporting areas. Trade wisely Good luck
Rewrite the following paragraph a bit shorter: Bitcoin continues to grow during trading sessions. Currently the largest cryptocurrency is approaching the price range of 36,000 USD. According to observers, Bitcoin price has recently had impressive growth because there are many rumors about the birth of a Bitcoin spot exchange-traded fund (ETF). Accordingly, it is...
The latest data from Coindesk reveals that Bitcoin is currently trading at $34,714.75 per BTC, marking a 0.82% increase in the past 24 hours. The cryptocurrency with the largest market capitalization has seen a significant drop, now standing at $26.82 billion, down 30.46% compared to November 3rd. Bitcoin's market capitalization stands at an impressive $687.71...
The positive sentiment in the stock market is a significant obstacle for gold prices. Conversely, declining US Treasury yields, a weakening US dollar, and the expectation that the Federal Reserve will not raise interest rates further could support an increase in gold prices. Furthermore, the ongoing conflict between Israel and Hamas and global economic conditions...
DXY The price made a strong bearish breakdown of the support area, after a pullback If price stays below support/resistance structure I expect the price to move lower.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
#GOLD.. now market hold his immediate supporting area 1991 It's now market supporting level, keep close it. If market hold it then again bounce expected from here and it will leads you towards 1996 n 2001 If not then it will leads you towards 1982 n 1976 Trade wisely Good luck