TradingForecast_Signals

TradingForecast_Signals Updated 

Hello everyone, today EURUSD has risen higher on Thursday, testing the highest bid price since the beginning of February before returning to the 1.0800 area after European and US Purchasing Managers' Index (PMI) data showed a slight decrease or contrary to forecasts. With the ability to create a DOW from the chart, using the Fibonacci retracement level, the...

TradingForecast_Signals Updated 

Dear friend, what do you think about the next trend of USDJPY for this major currency pair? Today, USDJPY continues to trade steadily around the 149.00 level, attracting some buyers amidst geopolitical risks and concerns about intervention. Faint hopes of upcoming changes in the BoJ's policy stance may limit further gains. The story of higher interest rates in...

TradingForecast_Signals Updated 

Dear friends, today gold continues to move below the resistance level of $2033, following a downward trend. In particular, the inflation data for January, with consumer prices and wholesale prices rising faster than expected, has made the US Federal Reserve more difficult in making a decision to loosen monetary policy. Gold may continue to trade sideways in the...

TradingForecast_Signals Updated 

The BTCUSDT is once again trading below the resistance level of $52,000, mainly moving sideways around the price level of $51,866, highlighting a 0.03% increase for the day. From the 4-hour chart, we observe that this coin has exhibited a double top pattern, and if it breaks below the support level of $50,600, the ultimate profit target that the market could aim...

TradingForecast_Signals Updated 

Dear friends, what do you think about the next trend in Gold? Today, the price of gold has regained momentum, rising nearly $2,030 at the start of Thursday after a brief pause in its recovery on Wednesday. The market's risk-accepting environment is playing a role as a resistance to the US Dollar, despite the hawkish tone of the January meeting minutes from the US...

TradingForecast_Signals Updated 

Today, the GBP/USD continues to trade in an upward trend. The pair is seeking support from a weaker US dollar and improved risk appetite. All eyes are now focused on the preliminary PMI data from the UK and the US for potential trading momentum. Meanwhile, the previously gained price momentum has stalled after closing below the 1.2620 level for the last two...

TradingForecast_Signals Updated 

Hello everyone, what do you think about the next trend of EURUSD? From the 4-hour chart, we can see that this currency pair is trending upwards. Currently, the price is trading around 1.0825, showing a 0.07% increase for the day. However, the latest minutes from the Federal Reserve indicate that policymakers are still focusing on downside risks. On the 4-hour...

TradingForecast_Signals Updated 

Dear friends, Today, EURUSD continues to trade in an upward trend. It is noticeable that the overall performance of the US dollar remains weak, despite the mixed market sentiment, as investors contemplate betting on a Fed interest rate cut and the risk of a US government shutdown ahead of the Fed Minutes. Currently, from the 1-hour chart, although EURUSD is...

TradingForecast_Signals Updated 

Today, gold is trending upwards in the discounted zone. So what reasons could push the price of gold higher in this environment? Currently, the price is trading around $2026 with little change compared to yesterday's trading session, highlighting a 0.05% increase for the day. On the other hand, the Federal Reserve released the minutes of their January meeting,...

TradingForecast_Signals Updated 

Dear reader, today the USDJPY continues to trade in an upward trend. In this regard, the Japanese Yen remains defensive amidst uncertain policies from the Bank of Japan (BoJ). The fleeting PMI indicators in Japan have not made much of an impression on the JPY's upward trend or provided any significant support. Concerns about intervention help to limit deeper...

TradingForecast_Signals Updated 

Hello dear friends, Today GBPUSD continues its sideways movement as the price quickly dropped to a support level but recovered swiftly. At the time of writing, the price is trading at 1.2617, up 0.15% for the day. From an analysis perspective, it can be observed that in the short term, there is a high probability that the price will quickly decrease to the...

TradingForecast_Signals Updated 

Dear friend, what do you think about the trend of Gold? Today, the price of gold is at its highest level in many days, reaching $2,030 before the Fed's minutes. The US dollar remains weak against the interest rate of the US Treasury, despite the gloomy risk sentiment. My target after a slight decline in the gold price towards the support level of $2019 (which...

TradingForecast_Signals Updated 

Dear friend, today we have an idea about trading this major currency pair. Currently, USDJPY continues to trade in a downward trend, and the range around 150.30 and 150.50 continues to serve as a psychological barrier for the upward movement of this currency pair. Specifically, concerns about intervention have strengthened the JPY, although uncertainty about the...

TradingForecast_Signals Updated 

Dear readers, In today's USDJPY market, the main currency pair, USDJPY, is showing an upward trend on the downward channel as the DXY index stabilizes and somewhat provides upward momentum. Currently, USDJPY is fluctuating around the level of 150.39, and on the 1H trend chart, it appears to still be in an upward trend with strong momentum and a dominant diagonal...

TradingForecast_Signals Updated 

Dear friends, Today, gold ended the trading session with a significant price increase. This precious metal is currently trading at $2027, highlighting a 0.18% increase for the day. You may wonder why the price has risen so sharply. Regarding international market information: The US dollar is influenced by increasing speculation that the Federal Reserve (Fed)...

TradingForecast_Signals Updated 

Gold prices fell slightly on Tuesday after pausing a three-day winning streak, easing to near $2,020 an ounce during Asian trading hours. The non-ferrous metal's price has been challenged by a strengthening US dollar (USD), possibly due to higher US bond yields. This rise in bond yields has put downward pressure on prices for non-yielding assets such as Gold.

TradingForecast_Signals Updated 

Dear friends! Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease. Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support...

TradingForecast_Signals Updated 

BTCUSDT is currently trading around the $43,333 mark and is embarking on a short to medium-term upward trajectory. As a result, BTCUSDT has completely broken out of the parallel downtrend channel as the bullish side successfully countered the downward pressure near the psychological level of $40,000. Currently, BTCUSDT is showing slight signs of retracement, but...