Is it time to sell all your EUR and convert it into USD? My chart says that this is a good idea because I expect a 20% crash on this pair. In this analysis, I will tell you why, and I will also analyze the DXY Index on the monthly scale. If you are an intraday / swing trader on forex, you have to know what the major trend is. Are we in an uptrend or a downtrend?...
↪️The 📉EURGBP successfully broke and closed above a strong daily resistance cluster and a significant downtrend line. This has created an expanding area of demand. I anticipate a bullish movement starting from the highlighted blue zone with a target of 0.8458.
Key Levels: Support: 145 CL Resistance: 165 to 170 CL Technicals: Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It...
FX:XAUUSD is testing local channel support and forming a rebound from the liquidity zone. Traders are waiting for PCE data. Favorable inflation data may provide strong support for gold. Traders are waiting for the PCE, any hints of lower inflation may be viewed quite positively, which will generally increase the chance of interest rate cut in September. As we...
GOLD after the retest of 2430 fell under the selloff, there is no pressure on the price of metal, but the reason may be profit taking amid the selloff in stocks and in anticipation of economic data from the United States. Traders are waiting for US GDP and Initial Jobless CLaims, which will be released at 12:30 GMT. The data may have a medium-term impact on...
There was a decline in the previous period without any correction, so it will rise to the top
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago reached the support level, which coincided with the support level. Soon, EUR broke this level, made a retest, and at once made an impulse up to the resistance level, but when it reached the 1.0900 level, it made a small correction movement. After...
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price rose to support 1, which coincided with the support zone, and then rebounded and fell to support 2. Soon, BTC broke this level too and fell even lower than the support zone, but later price backed up and some time traded near support 2. Next, BTC declined to the trend line, after which...
BINANCE:XRPUSDT is the strongest of the market. As ETH & BTC fall, ripple is holding quite positively as traders are starting to believe in growth amid rumors... Ripple CEO recently said that he expects a legal resolution to the situation between the SEC and Ripple “very soon” Many are speculating that the SEC's closed-door meeting to finalize the case...
These BTC miners all look horrible. I don't know how anyone is convinced we're going higher here. If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud. Should price get under $20.19, it would be extremely bearish as there is very little support below that level. I think price likely falls from here down...
Bitcoin will remain in an uptrend with minimum price action and slow days overall. I expect it to continue to look this boring for the next couple of weeks. This is usually the time when people are short and fear a break down even though we have already bottomed. The smart investors are accumulating.
Bitcoin made the corrections I had expected in previous posts . Bitcoin is moving near the Heavy Support zone($63,410-$62,280) and Support lines . I expect Bitcoin to rise by touching the Support lines and Support zone($63,520-$63,240) . Bitcoin Analyze (BTCUSDT), 15-minute frame⏰. Do not forget to put Stop loss for your positions (For every...
#XRP/USDT SHORT TRADE IDEA Leverage: 20x Entries: $0.5981 Take profit 1: $0.5815 Take profit 2: $0.5443 Take profit 3: $0.4834 Stop Loss: $0.6368 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! BINANCE:XRPUSDT.P Thanks The sroced.
Gold has managed to break the Support zone($2,398-$2,376) and the Uptrend line . Gold is currently approaching the Support zone($2,351-$2,329) and Potential Reversal Zone(PRZ) . I expect Gold to rise to at least the Support line again. Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every...
Lots of people have been talking about buying the dip in bitcoin miners, but bitcoin miners look like they have a long way down to go from here. You can see w/ Heikin Ashi candles that the trend has changed and we've rejected off of the trend line. From here, I think it's likely that WULF retraces all the way back to retest it's support at $.80 before a real...
Today, gold rebounded all the way to the 2390 area, but it is still blocked in the 2390-2395 area and has not broken through the key key level. Gold is currently just rebounding and cannot be characterized as a reversal. In addition, the short trend of gold has not changed, so even if it seems to rebound strongly, it does not affect the short trend. If it falls...
Notcoin(NOT) is currently moving in the Ascending Channel and near the Resistance zone($0.0151_$0.0145) , Potential Reversal Zone(PRZ) , and Resistance lines . We can consider the upward movement of Notcoin(NOT) in the ascending channel as a pullback to the broken Support zone , which is now the Resistance zone . I expect Notcoin(NOT) to start...
FX:GBPUSD is forming a counter-trend correction amid the dollar recovery. Ahead of PCE, data may determine the medium-term outlook for the FOREX market Technically, the market is increasing bets that the PCE may show hints of lower inflation, which will generally increase the chances of a September interest rate cut in the US. This could be negative for the...