Gold has bullish it's a good opportunity as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against...
US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,500.00 valuation for the first time ever. Dow Jones ready to bullish trend The Standard & Poor’s...
The Dollar is softer and pro-cyclical dxy fully bullish trend currencies are following the Yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market. Dxy analyze FX market outlook is buy trend
The eurusd pair trade little change for a second eurusd will down soon so wait and see consecutive day changing hands at around 1.0880 ahead of united states us opening the peaked at 1.0906 while it net a bottom at 1.0876
GBPUSD is one of the trading pair. By looking on the current structure on chart we can say it's below the major trend. And also reaching to the high demand zone. There is a good possibility it will be bouncing back from here because of Reason : 1. RSI is in oversold zone. But don't have good strength so buyers will start making positions here. 2. Zone has...
This price is about 11.8% higher than at the beginning of 2023. The US Department of Labor reported that the consumer price index (CPI) of the US in April increased by 4.9% over the same period, down from 5% in the previous month. Demand for gold increased rapidly after many assessments suggested that inflation below 5% would allow the US Federal Reserve (Fed) to...
USDJPY NEXT UP MOVE FOREX, Forex Lovers Can Follow Us For Intraday Trades..
Should the current trend on #EURUSD daily chart hold, we can expect to see an upward surge in the monthly levels, with bullish price targets ranging from 1.1000 to 1.1250. On the other hand, in the event that the trend were to break, a head & shoulders pattern may emerge, presenting opportunities for more cautious, bearish investments with price targets around...
Zoom to see clearly . Analysis Chart: H4 timeframe. In the H4 timeframe, the price has completely broken the great trendline and the minor support level of 1.2217 , indicated by the red horizontal line, showing bearish strong momentum in favor of the bears . Currently, the price has been sandwiched between these two levels: 1.2217 and 1.2131 and has never...
Good morning there. I know that some of us lost money yesterday. Fine! That's the inevitable event in forex. We win, we lose. But the winning streak must be more than the losing streak. That's the fact about making money from forex. What do we have today? In the GU market, I see a reversal, the big one. Why? It's because the price is currently at the event area,...
As the GU is selling as predicted, please bear in mind that this is an update on the current bearish move. The first sure take profit level is 1.1334, and the second is 1.1274. Don't be greedy. Work hard to learn this business, and you will never be broke again. Happy trading.
Hello dear traders. Here my idea to EURAUD . we will expect bullish continuation to 1.4825 level. Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile. Good luck to you. This idea does not provide the financial advice.
I had a forecast on *BTC* ( Bitcoin ) last month and my sentiment is that; we are likely to start going bullish on BTC... _could hit 37k .... but for now I don't trust the big figures of the BTC from 45k upwards but, we also have higher chances of reaching that on the run_ we have two demand zones, the current one we just mitigated is around *19k to 16k* and...
Current situation on our trade we will hold until it reaches take profit level
Hi friends This is my analysis by gbpusd I'll think sell What Are you think?!
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: EURJPY is sitting around strong supply in blue so we will be looking for sell setups on lower timeframes. on H1: EURJPY is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid. Trigger:...
CADJPY SHORT ALERT STILL AVAILABLE TO JUMP ON ! BUY POSITION WAS CLOSED AND LOSSES CUT - LETS SEE HOW THIS ONE PLAYS OUT ! The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you...