My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2422.9 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2378.6 Safe Stop Loss -2451.4 About Used Indicators: The...
Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 79.46. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 77.06 level. P.S Please,...
My dear subscribers, NZDCHF looks like it will make a good move, and here are the details: The market is trading on 0.5548 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.5559 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
Since the shock increase and decrease on Monday following the speeches of Fed officials, the gold price (XAU/USD) has had almost no significant fluctuations, fluctuating around 2,420 USD/ounce. Many experts believe that the reason gold does not fluctuate much after officials' hawkish speeches is because the Fed's monetary policy only has a secondary impact on...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 22 May 2024 SELL LIMIT Order: $2423.36 Stop Loss: $2434.00 Take Profit 1: $2412.73 Take Profit 2: $2398.59 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
The GBP/NZD pair has shown a positive reaction to a significant demand area, with the price beginning to increase in value this morning. This upward movement is accompanied by an RSI divergence originating from oversold levels, which typically signals a potential reversal and further price appreciation. The presence of this RSI divergence strengthens the bullish...
Here is our detailed technical review for AUDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.666. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.669 level. P.S Please, note that an...
Gold fell slightly ahead of the Federal Open Market Committee (FOMC) meeting minutes. is trading lower on Wednesday after retreating from a record high set on Monday. Federal Reserve (Fed) officials warned that the central bank needs more convincing evidence that inflation is easing before it can start cutting interest rates. Gold's decline may be limited due to...
Despite a mild downward fashion at some point of the day, gold expenses commonly maintained a fantastic picture. On the 4-hour chart, XAU/USD has shaped a growing rate channel on the grounds that early May. Technically, the treasured metallic nonetheless continues a fantastic outlook because it holds above the 100-duration EMA. The RSI is withinside the fantastic...
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Hello,Traders! DXY is trading in a Strong uptrend and The index broke the Key horizontal level Of 18,550 and is now Consolidating above it So we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Ethereum broke through the long-term resistance level on the daily chart. Bullish trend is expected to continue and reach $4100
Dow Jones is supported by the 4H MA50 and just turned technically bullish on its 4H technical outlook (RSI = 55.413, MACD = 58.400, ADX = 34.689). As long as it does, we are bullish, aiming at another +5.03% rise (TP = 41,400). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
The trendline has been a significant price barrier, having been rejected multiple times before. It is probable that price will be rejected once again. Search for a selling opportunity and aim to profit at the lower support level. Look for confirmation signals such as bearish candlestick patterns or a decrease in buying volume to strengthen the selling...
Looking for a Breakout. Long Consolidation done. Above all EMA . Target 280, 350. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Consolidation happening at Resistance Level. Looks good on Chart. Above all EMA. Short term target 280. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Gold prices have risen to a new all-time high, hitting $2,440 in the morning and $2,450 in the afternoon Vietnam time due to shelter demand as geopolitical tensions increase. According to Reuters, the reason is that Iranian President, Ebrahim Raisi, and other high-ranking Iranian politicians were killed in a helicopter crash in the North of the country over the...
Propose 2 scenarios for BYBIT:LUNCUSDT - first moving up during the 6 months, second is the nearest correction and long after with the good potential in a year. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view