NZD/USD Price Analysis: Crucial resistance of 0.7000, downside looks likely Confluence of psychological resistance of 0.7000 indicates the strength of bears. Kiwi bulls have surrendered their establishment above 61.8% Fibo retracement. The momentum oscillator RSI (14) seems losing its momentum after dropping below 60.00. The NZD/USD pair has displayed multiple...
EUR/USD Looks Increasingly Vulnerable To A Decline. EUR/USD fell on Monday as fresh claims of Russian war crimes in Ukraine led to increased speculation of more punitive sanctions against Russia. The news, combined with other developments over the weekend, dented hopes of a possible de-escalation in the war last week. Added downward pressure on the euro also came...
Bearish wedge suggests more pain for gold bulls “The US Core PCE price index is due for release later on Thursday. Hotter inflation is likely to seal in a 50-basis points May Fed rate hike. Although concerns over a potential recession, in the face of the recent yield curve inversion and aggressive Fed’s tightening could have a major impact on the dollar and gold...
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EUR/USD takes a respite at the edge of 1.08 the figure, traders are watching oil prices. EUR/USD now depends on where the price of oil goes next. The Fed and ECB divergence is priced in but the ECB will be a key event this week. EUR/USD is down some 0.45% on the day but the euro is attempting to recover in an accumulation of the latest daily bearish sell-off. ...
EUR/USD fell back to its lowest levels on Monday since the first phase of the COVID-19 crisis in early 2020. As economists at MUFG Bank note, energy price shock keeps risks titled to downside. Gas prices surge higher in Europe “The price of natural gas in Europe has already surged higher by almost 200% since the Ukraine conflict started creating a significant...
Extra decline in USD/JPY is likely on a breakdown of the 114.40 region in the near term, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “USD dropped to 114.63 last Friday before rebounding to close at 114.78 (-0.59%). Despite the rebound, the risk appears to be tilted to the downside. That said, any USD weakness is expected to face solid support at...
EUR/USD has dropped to its weakest level since May 2020 at 1.0820 at the start of the week but the pair has managed to stage a modest rebound heading into the European session. In the current market environment, however, the shared currency is unlikely to find enough demand to kick start an extended recovery against the greenback. Ukrainian authorities said over...
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Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... Tron has seen significant strength and gains...
Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... We have been watching and trading WAVES...
Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... Bitcon on the daily chart looking bullish and...
Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... HAPPY NEW YEAR FOLKS hope its bringing you...
in My Opinion Gold must be decrease at least to 1752 and then after a rest again to 1722
If bearish RSI trend break up we can see test 2.80$ at first and break 2.80$ and hold above it we can see 5$ or above resistance levels are specified on the chart good luck