hares of blockchain- and crypto-linked companies were having a rough time in Wednesday’s premarket as China clamped down on financial institutions and payment companies to stop them providing services related to cryptocurrency transactions.Predictably, all crypto currencies were down too with Bitcoin (BitfinexUSD), which has the largest market cap of them all,...
hello tardrs here is my bais of GBP USD! Following the previous day's modest pullback from near three-month tops, the pair regained some traction on Wednesday amid the prevalent bearish sentiment surrounding the US dollar. Expectations that the FED will keep interest rates low for a longer period continued acting as a headwind for the greenback and extended some...
hello traders here is buy set up for XAUUSD using the TOP DOG TREND FALOW INDICATOR! On a technical basis, the fact that gold is now trading back above its 200-day moving average is precisely what market technicians wanted to see to gain confidence in gold’s long-term potential to gain value. The last time gold traded and closed above its 200-day moving average...
hello tradeS here is my bias of EURUSD! the immediate risk can still lean higher. A break above 1.2152, which has stalled the market this morning, would reinforce the upward bias for strength back to 1.2185, then what we expect to be tougher resistance at the 78.6% retracement of the Q1 fall and February high at 1.2212 - 1.2142 look for buying opportunities for EUR USD!
hello trader here is bu set up for USOIL! The tight trading range suggests investors are looking for guidance as a strengthening U.S. economy and European economic reopenings offset the devastation from surging COVID-19 cases in India. Also capping gains are an outbreak of fresh coronavirus cases in parts of Asia and disappointing Chinese manufacturing data the...
Gold is bullish on the long-term outlook. The bulls are yet to surrender to the bears in the Gold market. In other words Gold remains under the control of the bulls. Last week, the Gold movement was within the resistance level of $1,845 and the support level of $1,813. The sellers dominated the market on May 12 with the strong momentum to break down the support...
is Dogecoin Is Still a Beloved Asset? However, despite this little setback, there is nothing to suggest that the currency has lost its appeal. The asset has reached a heavy pinnacle in a rather short amount of time, and the currency is doing better than it ever has largely because it has gotten heavy attention from the likes of Elon Musk and several other...
hello traders here is buy set up for EUR USD! we continue to see the US dollar sell off. Because of this, the market is likely to continue to see upward momentum, EU finally broke the 1,21 which was very important level our next resistance would be 1.22 look for buying opportunities of EUR USD
hello trader here is an update of USOIL ! were still in BULL/BEAR situation and there is no clear direction yet we will wait the the American Petroleum Institute (API) will release its weekly inventories report. Analysts are expecting crude oil inventories to have dropped about 2.3 million barrels in the week to May 7. Gasoline stocks are expected to have fallen...
hell traders here s an update of DOGE USD! The Tesla and SpaceX CEO Elon Musk said he plans to launch the Doge-1 satellite in Q1 2022. This project will be funded entirely using Dogecoin, making it the first cryptocurrency and meme in space, in Musk’s words. This comes following the negative market reaction to Musk’s SNL appearance during the weekend, in which he...
hello traders here is update of our previous analysis! price finally bounced back from our support level at $64.30 and we might have a littlie in range market between $64 and $67 but the main trend remains bullish
hello trader's her is buy set up for GOLD! In early April the market has bounced from the support level marked by March 8 local low of $1,663.30. The yellow metal’s price was the lowest since last year’s June. Today gold is trading close to Friday’s daily high, on the other hand the 30m chart is giving us a buy set up above the 1844 look for buying...