This morning, gold prices fluctuated around $1,800 per ounce at the beginning of the trading session. The 50-day moving average (MA50) is currently above the 200-day moving average (MA200), creating a buy signal. The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, a strong buy signal, supporting the continuation of the...
EUR/USD weakens around 1.0730 in early Tuesday trading in Europe. The modest recovery of the Greenback pulls the major pair lower. Initial support is seen at 1.0685; key resistance lies in the 1.0790–1.0800 region. A break below the latter will see a drop to 1.0610, the low of April 19.
Dear traders! Gold prices increased to new bids, despite the risk-on market sentiment. The US dollar tried to recover even as US Treasury yields fell again. The path of least resistance emerges for Gold prices amid Bear Cross and bearish RSI. From the 1D chart, Titan personally appreciates the dip-buying strategy for gold to continue as long as the 2300 support...
BTC has just broken through the two important resistance levels of 66100 and 67000. At present, the long and short forces have reversed. The price has encountered great resistance near 67300. It is currently in a decline phase, but it is likely to continue to rise after the decline. You can pay attention to the resistance range of 66100-66400 below. If the price...
Yes it can! Good afternoon my dear Cryptocurrency trader, how are you feeling today? As usual, you have the answer right away so you don't have to be bothered by reading the entire trade idea ... But, if you want to be entertained or get inside my head, feel free to boost and keep on reading below! I am grateful for your continued support. ➖ We know that XRP...
It is about reading the price pattern and the result of the indicators I will only share with you what the result of the analysis shows. This could be wrong. MD
Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
Hey Everyone, Great start to the week with our chart idea playing out as analysed. We were seeing price test 2332 weighted level and failed to lock above 2332 with ema5 confirming the rejection into the retracement range. The retracement level gave us the perfect bounce for a clean 40 pips, as part of our plans. We then had the 2322 weighted level cross and lock...
Bitcoin prices are currently stuck in a rectangle pattern. A break below $66,000 could potentially send prices down to $60,000, a drop of 9%. Conversely, a break above $72,000 could lift prices towards $77,970 per coin. Recent trends show a stronger dollar, particularly against the Euro and British pound. If this strength continues, it could negatively impact...
BTCUSD trading ideas: If you are a swing investor, pay attention to the 65,000 area as long as the price holds, buyers will push the price up significantly, while on a breakout we will see the downtrend continue. Personally, I am optimistic that after adjusting to the designated area, the price will recover to resistance. A breakout and consolidation above...
BTC's rebound yesterday was not strong enough, and the price did not reach a new high. After breaking through the 66100 resistance level, the price began to plummet and hit a new low. The overall trend is still fluctuating downward, but the fluctuation range is large. Today's trading idea is to short at high levels. At present, you can focus on the 66100-66500...
Good news: from now on, on the Weekends , I will share a post for your Altcoin analysis request , where you write the Project name and Token symbol in the comment section, and I then will share the token analysis with you. Example : Bitcoin(BTC) Project name : Bitcoin Token symbol : BTC A maximum of 20 tokens will be analyzed for you. Each...
Gold prices fell on Monday (June 17), influenced by rising US bond yields, while investors waited for more US economic data and comments from Reserve officials. The US Federal Reserve (Fed) this week will have more signals about the outlook for monetary policy. At the end of the trading session on June 17, the spot gold contract dropped 0.8% to 2,315.14 USD/oz....
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The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
SPY weekly is here. If you have any doubts make sure to DM me here. All the crucial levels have been discussed in this analysis. NOTE: MARKET IS BULLISH & RETRACEMENT CAN COME
Gold dropped to around $2,320 per ounce on Monday, following a more than 1% rise last week, under pressure from higher US Treasury yields, while market participants awaited further cues to gauge the Federal Reserve's monetary policy trajectory. Last week's data indicated that US consumer prices held steady in May for the first time in nearly two years, while...
Dear Traders, Eurcad, long term view remain bearish price rejected at the daily order block also where the premium price zone was located. We can see strong bearish move coming once price reach and reject at our area of entry. Please use accurate risk management. Team Setupsfx_