Preferred direction: BUY Comment: The RBA's decision on the interest rate will also most likely have an impact on the New Zealand currency, to a lesser extent, surely, but potentially, since the economies of New Zealand and Australia are closely related and are neighbors. However, we are considering longs for this instrument in the medium term,...
Since the start of December 2023, OANDA:XAGUSD has been clearly trending downward, establishing lower highs on our chart and pressing in the 22.00-22.15 support zone. However, despite yesterday's positive performance for OANDA:XAUUSD , Silver remained largely unchanged, further reinforcing this bearish outlook. The overall structure maintains its bearish...
#SILVER... market at his final supporting area .. keep close that area as we discussed in our pervious idea. that is 22.30 around.. if market hold it then only in that case you can expect a bounce from here otherwise not at all. if market clear that area in hour and half hour chart than you should not hold your buying position in said product. keep close and...
After price has been breaking higher highs and respecting higher lows on higher timeframe, it was evident that price was in a bullish trend. Price has just recently retraced and mitigated a higher timeframe demand, and zooming down to our 4h timeframe, we see that price gave us a shift in market structure for bearish to bullish trend. Price has just now tapped a...
Preferred direction: SELL Comment: After a short-term successful growth, longs for gold were also fixed and now, like for the main currency pairs, we expect a fall. Here everything is a little simpler and the main idea is to update local maxima as well. The first scenario assumes an approximate reversal at the level of 2070 , and the second - at the level...
Hello,Traders! SILVER keeps going down But the price will soon hit A horizontal support of 21.96$ From where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
📌Usually, silver is considered as the second safest capital after gold, and due to the escalation of war tensions, it can be considered as a safe asset by investors. 🎯 From a technical point of view, silver can continue its upward trend in the four-hour time frame after the formation of the BULLISH GARTLR harmonic pattern. In general, the scenario is reinforced...
My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 22.689 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 23.081 About Used Indicators: Super-trend indicator...
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 03:05 AMEX:UNG Stock Forecast 04:10 USO Oil Stock Forecast 05:38 DXY US dollar Stock Forecast 07:49 ...
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
There is a Bullish Inverted Head and Shoulders with a Piercing Line on the potential Right Shoulder visible on the weekly timeframe above the 800-week EMA who's measured move would take it all the way up to the 1.272 Fibonacci Extension if the pattern plays out. The move up in SLV should be supported by the rising of the TLT and Falling of Yields (if that trend...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed the Breakout of the Corrective Pattern " Rising Wedge " in Short Time Frame and Completed the Retracement at Previous Strong Resistance Level. " 12345 " Impulsive Waves and " ab " Corrective Waves completed
Silver forming flag pattern need breakout above 23.300 so it can shoot upto 24 dollar mark
Preferred direction: BUY Comment: For gold , we highlight the short-term scenario in long. Metals , especially gold , resisted the pressure of the US dollar best; here the context for growth is, in principle, prepared. There are two main scenarios for growth and all are aimed at updating short-term highs towards the region 2060-2070. This expected...
According to the previous analysis: we expected an upward movement for silver. The price was beautifully matched with our climbing scenario. Now the price has managed to break out the descending channel. We are waiting for the stabilization of the price in this range to continue the upward movement
Hi my dears It seems that we are at the beginning of a downward trend in the Cryptocurrency of BTCUSDT. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels. The black lines that I specified are the support areas in front of Bitcoin, when they are broken, the...
Preferred direction: SELL Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250...
Preferred direction: SELL Comment: At the beginning of the week, the major currency pairs are showing quite mixed behavior, especially the currencies of the Pacific region. However, the medium-term and immediate prospects are still in favor of the US dollar . Regarding the New Zealand dollar , we expect a fall with a target at the level of 0.66000 . We...