xausd crash soon check the analysis and read the caption Here we share you analysis of xauusd you can see nfp big sell now we see more sell from 2050 Now xauusd going to 1960 it's good trendline of sell trade and get advantage
s&p is on fire with a gain of 1.55%. That index is now up 0.94% on the week. Meta leads the way with a gain of 21.44%. Nvidia shares are up 4.76%. Amazon shares are up 7.91%. The high close back to January 2022 is at 15638.04 (January 29 close). The high price today just reached 15603.53 so far. That high close is the next target.
US Dollar is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 87% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per...
The USDJPY has raced higher on the back of the stronger US jobs report this morning, and in the process took out technical levels including a downslope trendline at 147.827 and swing highs for the week including the Monday high at 148.42 The price rise has moved to another swing area between 148.459 and 148.49 and is finding some cause for pause ahead of the...
Gbpusd gathered bearish momentum and closed in positive territory on Thursday after dipping below 1.2650 with the immediate reaction to the Bank of England's (BoE) policy announcements. The pair holds its ground in the European session on Friday and trades modestly lower on the day low 1.2740.
Xauusd aims for a strong weekly gain as investors choose the early rate-cut narrative in the US, shrugging off recent doubts over its timing. In the monetary policy statement, the Federal Reserve (Fed) didn’t explicitly refer to upcoming rate cuts amid the absence of enough evidence that underlying inflation will sustainably return to the 2% target. However,...
The eurusd pair has displayed a bearish trend since the beginning of the year, characterized by a structured decline on lower timeframes and navigating within a downward trend channel. Notably, the currency pair breached the 45-day exponential moving average (EMA) channel on the daily chart and is now nearing the 200-day EMA support level. A critical juncture for...
GBP/JPY rebounded after brief dip to 185.41 and intraday bias is turned neutral first. On the downside, below 185.31 will extend the correction from 188.70 to 55 D EMA (now at 184.89) and below. On the upside, break of 187.50 minor resistance will argue that the pull back has completed, and bring retest of 188.90 instead
USD/CAD remains neutral for the moment. On the downside, firm break of 1.3342 support will argue that rebound from 1.3176 has completed at 1.3530, and target this low for resuming whole fall from 1.3887. On the upside, however, break of 1.3530 will resume the rebound from 1.3166 instead.
Ethereum ETF would be a strong bullish signal, mirroring the impact of the ETF. An Ethereum ETF would pave the way for institutional investment, providing a regulated and accessible means for traditional investors to gain exposure to ETH. This could secure Ethereum's future as a mainstream financial asset and provide a stable foundation for long-term growth.eth will go up
GBP/JPY’s break of 186.14 minor support confirms short term topping at 188.80. Intraday bias is back on the downside for deeper pull back to 55 D EMA (now at 184.79) and possibly below. On the upside, break of 187.10 minor resistance will argue that the pull back has completed, and bring retest of 188.90 instead.
EUR/USD is back on the downside with breach of 1.0785 temporary low. Fall from 1.1148 is trying to resume to 1.0732 structural support. Decisive break there will argue that whole rise from 1.0457 has completed, and target this low. On the upside, however, break of 1.0941 will turn bias back to the upside for stronger rebound instead.
Oil prices are finding a floor near $75, backed by the OPEC statement being released after the only meeting earlier this Thursday. A panel of OPEC+ members said no policy changes are foreseen for now, while the US has reportedly hit a six-month high in November on production. Add the stockpile buildup number from the Energy Information Administration (EIA)...
Btcusd analysis two days ago that the technical picture had become more bullish but I thought that bulls may have run out of momentum after the price failed to clear the resistance level at $43,309. I was still looking for a long trade following two consecutive higher hourly closes above $43,509 but only targeting the next resistance level at $44,408. This was a...
Dxy buying area chart It’s been a phenomenal start to 2024 for the US dollar, which has already risen more than 2% against a basket of major currencies as a streak of encouraging economic data reinstilled confidence in the US economy, forcing traders to dial back bets of immediate Fed rate cuts. Economic growth has been faster than expected, empowered by strong...
Usdcad showed some resilience below the 200-period Simple Moving Average (SMA) on the 4-hour chart and the subsequent recovery favours bullish traders. Moreover, oscillators on the said chart have started gaining positive traction and holding in the bullish territory on the daily chart. This further validates a constructive outlook and suggests that the path of...
After closing the second consecutive day in negative territory on Wednesday, GBP/USD continued to edge lower early Thursday and was last seen trading at around 1.2650 Although the technical outlook points to a bearish tilt in the near term, the pair faces a two-way risk heading into the Bank of England's (BoE) policy announcements.
Gold On the daily chart, we can see that has recently broke through the key trend that was defining the downtrend and it has opened the door for a rally into the 2060 resistance zone. The buyers will now look for dip-buying opportunities on the lower timeframes while the sellers will need some key breakouts to the downside to gain back control.but we see the sell