We saw our weekly target hit yesterday, I have a hunch as on the Daily we are constantly going back to the middle of the range that bsl of some form is in the eye of the market before we would want to move down. I ask myself.... Why would we want to go all the way back (weekly ssl level) if we have been here and raided Sell Stops... If I was the market I would...
More progress in deflation remains to be seen Chicago Fed President Austan Goolsbee welcomed the drop in inflation in April but said deflation progress needs to be firmer. Speaking Wednesday after the CPI excluding food and energy prices fell for the first time in six months, Goolsbee expected more such good data to come before making a decision to cut interest...
The USD plummeted as expectations of the Fed lowering interest rates increased after US inflation data The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. US government bonds recovered after economic...
The EUR/USD surged on Wednesday, experiencing one of its best days in 2024, climbing to 1.0900 and heading towards a fourth consecutive week of gains. Broad market selling pressure lowered the value of the US dollar (USD) as risk appetite soared after US Consumer Price Index (CPI) inflation dropped more than investors had anticipated. US CPI inflation fell to...
Gold extended its uptrend for the second consecutive day on Wednesday, reaching a three-week high of $2,390. This rise followed data from the U.S. Bureau of Labor Statistics showing a decline in inflation, increasing the likelihood that the Federal Reserve will cut interest rates in 2024. The daily chart of the XAU/USD pair shows a dominant uptrend, although the...
Gold Price Update: Hey everyone! Gold is making moves, hitting the $2,357 mark early Wednesday thanks to a weaker USD after the US Producer Price Index (PPI) data dropped. The numbers showed inflation is still in the mix, with the monthly PPI up 0.5% in April, a jump from -0.1% in March, and beating the expected 0.3%. Looking Ahead: Gold has found new support...
Vra usdt analysis Time frame daily Red line is our strong protection line Two bottom pattern Risk rewards ratio >7 👈👈👈
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement and then to reject from trendline + liquidity zone + FIBO 0.5. Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD,...
My dear subscribers, My technical analysis for USDJPY is below: The price is coiling around a solid key level - 156.41 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 154.93 My Stop Loss - 157.44 About Used Indicators: By the very...
Hello again! As you liked the previous analysis and signal, here comes the second one. Please try to be patient and wait for confirmation before entering at the right place. This way, you won't have to place your stop loss far away from the entry point. The most important thing in trading is having a plan and always aiming for the win. However, you should...
Hello Agn, I wanted to let you know that there's an opportunity to enter a short position in EuroJPY. Recently, the Japanese government's banking system made a move in the market, resulting in a sharp downward candle. Considering all the other candles that came afterward in an uptrend, it could be a sign that a downtrend is up ahead (i see all these candles as a...
Hello Agn, I wanted to give you an update on my previous analysis of this pair. Yesterday, we entered into a downtrend as it moved in our favor. Now, it's at the bottom of the triangle and facing a dynamic resistance level. The price has moved about two-thirds of the pattern, and it's about time to start moving in. Make sure to stay focused and only enter with...
Hello Agn, Today the market is moving quickly due to the upcoming data, which has caused most of our previous analysis to be profitable. Remember to save your profits and take them out of the market, as it may take them back just as fast as it gave them to you. It's important not to get caught up in the idea of making big profits quickly. Additionally, here is...
Hello Agn, I am sending you this message in a hurry and hope you receive it quickly. I want to inform you that I missed my chance to enter yesterday, but now I have another opportunity to go in and see some higher prices. However, this decision is risky, so please remember to manage your risk and enter with the minimum possible risk. Think of it as a fun...
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $63394 and price has retested after breaking out from the channel. If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long...
BINANCE:TRXUSDT (6H CHART) Technical Analysis Update TRX is currently trading at $0.12346 and has formed a inverse head and shoulder pattern. Price is currently around the resistance line, if see a resistance breakout then we have potential for a good LONG Trade. I will wait till we have a confirmed breakout of the resistance and enter the long trade only after...
$BINANCE:1000PEPE (1D CHART) Technical Analysis Update PEPE is currently trading at $0.0081162 and showing overall bullish sentiment after the breakout, if this breakout hold then we have good chance a price pumping. If this is a fakeout then the price can break the support zone and fall more. Overall we are looking at solid breakout with potential a for a good...
BTC Analysis and Signal on 4H 🔵Entry Zone 62732.73 - 63494.73 🔴SL 60443 🟢TP1 66178 🟢TP2 68813 🟢TP3 70000 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...