Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...
If BTC makes a corrective move up and re-tests this region as support - this is what we think could happen. The tops/bottoms are never 100% accurate and change as market dynamics change - but this should give us a rough idea.
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
🌟🎉 Celebrating Milestones: We've Hit Our First Target Resistance Level at $2332! 🎉🌟 Dear Followers, I am thrilled to share some fantastic news with all of you! Our journey in the gold market has reached an exciting milestone as we've successfully achieved our first target resistance level at $2332 🚀💰 What a joyous moment to celebrate together! This achievement...
Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
💷GBPJPY💴 Weekly 04/15/2024 Weekly High: 192.839 Weekly Low: 190.204 Chart Pattern: Rectangle 💎Buy GBPJPY @ 190.5 - 190.3💎 Friday 04/12/2024 10:10 AM EST 189.9 StopLoss —> 190.55 BreakEven+ 💎Sell GBPJPY @ 192.5 - 192.7💎 Wednesday 04/17/2024 09:47 AM EST 193.1 StopLoss —> 192.45 BreakEven+ Richard Eyo ~ The Wizard 🧙♂️
🥇XAUUSD💵 Weekly 04/15/2024 Weekly High: 2417.81 Weekly Low: 2324.22 Chart Pattern: Ascending Channel 💎Buy Gold @ 2345 - 2335💎 Monday 04/15/2024 10:10 AM EST 2315 StopLoss —> 2345.5 BreakEven+ 💎Buy Gold @ 2374 - 2370💎 Tuesday 04/16/2024 03:56 AM EST 2362 StopLoss —> 2374.5 BreakEven+ 💎Buy Gold @ 2370 - 2360💎 Wednesday 04/17/2024 04:52 PM EST 2340 StopLoss —>...
Certainly! Here's an explanation based on the previous analysis of the CHF/JPY pair: In our previous analysis of the CHF/JPY pair, we identified a potential shift in momentum amidst a triple top formation. The analysis highlighted that despite the formation of three tops, the third one did not result in a breach of the trend line. Instead, there was a retest,...
The analysis suggests that the CHF/JPY currency pair may be undergoing a shift. Despite forming three tops, the third top did not lead to a breach of the trend line. Instead, it was followed by a retest. If the 1-hour candlestick closes without indicating a selling trend but instead ends with a high close indicative of buying momentum, the probability of a bullish...
💷GBPJPY💴 Weekly 04/08/2024 Weekly High: 192.939 Weekly Low: 189.988 Chart Pattern: Descending Channel 💎Sell GBPJPY @ 192.6 - 192.8💎 Tuesday 04/09/2024 09:30 AM EST 193.2 StopLoss —> 192.55 BreakEven+ 💎Sell GBPJPY @ 192.5 - 192.9💎 Wednesday 04/10/2024 08:29 AM EST 193.7 StopLoss —> 192.45 BreakEven+ 💎Sell GBPJPY @ 192.2 - 192.6💎 Thursday 04/11/2024 04:19 AM...
🥇XAUUSD💵 Weekly 04/08/2024 Weekly High: 2431.47 Weekly Low: 2302.89 Chart Pattern: Ascending Channel 💎Buy Gold @ 2320 - 2300💎 Sunday 04/09/2024 09:00 PM EST 2260 StopLoss —> 2320.5 BreakEven+ 💎Buy Gold @ 2340 - 2320💎 Wednesday 04/10/2024 09:31 AM EST 2280 StopLoss —> 2340.5 BreakEven+ Richard Eyo ~ The Wizard 🧙♂️
AUUSD (Gold/US Dollar) is currently experiencing a strong bullish trend, marked by consistent upward momentum and robust buying pressure. This bullish sentiment is underscored by the recent attainment of an all-time high price level. Key Indicators: Price Action: XAUUSD has been steadily climbing, forming higher highs and higher lows, indicating a clear...
💷GBPJPY💴 Weekly 04/01/2024 Weekly High: 192.244 Weekly Low: 190.040 Chart Pattern: Ascending Channel 💎Sell GBPJPY @ 191.2 - 191.4💎 Sunday 03/31/2024 07:46 PM EST 💎Buy GBPJPY @ 190.2 - 190.0💎 Monday 04/01/2024 08:02 PM EST Richard Eyo ~ The Wizard 🧙♂️
🥇XAUUSD💵 Weekly 04/01/2024 Weekly High: 2330.47 Weekly Low: 2228.47 Chart Pattern: Ascending Channel 💎Sell Gold @ 2263 - 2265💎 Monday 04/01/2024 12:03 AM EST 💎Buy Gold @ 2240 - 2235💎 Monday 04/01/2024 10:41 AM EST 💎Buy Gold @ 2274 - 2270💎 Wednesday 04/03/2024 08:26 AM EST 💎Buy Gold @ 2289 - 2285💎 Thursday 04/04/2024 08:42 AM EST 💎Buy Gold @ 2276 -...
💎Buy Gold @ 2276 - 2272💎 Thursday 04/04/2024 09:31 PM EST 2264 StopLoss —> 2276.5 BreakEven+ TakeProfit 1: 2278 TakeProfit 2: 2280 TakeProfit 3: 2282 TakeProfit 4: 2284 TakeProfit 5: 2286 TakeProfit 10: 2396 TakeProfit 20: 2316 TakeProfit 30: 2336 Richard Eyo ~ The Wizard 🧙♂️
💎Buy AUDCAD @ 0.884 - 0.882💎 Wednesday 04/03/2024 09:59 AM EST 0.878 StopLoss —> 0.8845 BreakEven+ TakeProfit 1: 0.886 TakeProfit 2: 0.888 TakeProfit 3: 0.890 TakeProfit 4: 0.892 TakeProfit 5: 0.894 TakeProfit 10: 0.904 TakeProfit 20: 0.924 TakeProfit 30: 0.944 Richard Eyo ~The Wizard 🧙♂️
💎Buy Gold @ 2289 - 2285💎 Thursday 04/04/2024 08:42 AM EST 2277 StopLoss —> 2289.5 BreakEven+ TakeProfit 1: 2291 TakeProfit 2: 2293 TakeProfit 3: 2295 TakeProfit 4: 2297 TakeProfit 5: 2299 TakeProfit 10: 2309 TakeProfit 20: 2329 TakeProfit 30: 2349 Richard Eyo ~ The Wizard 🧙♂️
💎Buy Gold @ 2274 - 2270💎 Wednesday 04/03/2024 08:26 AM EST 2262 StopLoss —> 2274.5 BreakEven+ TakeProfit 1: 2276 TakeProfit 2: 2278 TakeProfit 3: 2280 TakeProfit 4: 2282 TakeProfit 5: 2284 TakeProfit 10: 2294 TakeProfit 20: 2314 TakeProfit 30: 2334 Richard Eyo ~ The Wizard 🧙♂️