Although both Europe and the US are experiencing high inflation, the US has already taken the lead in raising interest rates several times and by a large margin, causing capital to flow back and the dollar to appreciate; while the Eurozone is forced to raise interest rates. If they don’t raise rates, as we can see now, capital in the Eurozone is accelerating its...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD is exactly Moving according our analysis as we discussed few days ago. Now it has completed Retesting. Here it will keep following this bullish Trend. Because of Friday Market volume is low. As soon as Market will move we will see a good Bullish wave...
The MACD has shown trend continuation divergence (A.K.A "Hidden Divergence"). After the price action found footing at that pivotal zone (1.0550 - 1.0600), the Bulls appear to be gaining some strength. We have a strong gap to fill around 1.0640 but we'll have to see what happens during CPI numbers tomorrow morning. Based off of the longer term time frames,...
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about XAUUSD. XAUUSD is is exactly Moving according our analysis as we predicted before. Here it has maximum Chances we can see a small Retesting. And in this Retesting we can see around 1870 to 1850. After that again we will see a good Bullish wave. Keep in touch we will...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is exactly Moving according our Analysis as we discussed in our previous prediction. Now it has breaked the main falling Wedge Pattern again. Here we can see small Retesting but overall we will see a good Bullish wave here. In this Bullish wave we can...
On March 3, Friday, the USDJPY slid from a two-and-a-half-month high. The US non-manufacturing ISM index, released on the same day, fell from 55.2 in January to 55.1. The US dollar index, which measures the dollar against six major currencies, dropped from a high of 105.36 at the beginning of the week to 104.60. Investors took the opportunity to profitably...
Consequences of Powell's testimony overnight: Higher interest rate prospects for 2023. As of writing, the terminal interest rate expectation has risen to 5.655%. A 50 basis point rate hike is more likely at the March meeting. If the upcoming US inflation and nonfarm payrolls data fall short of expectations, it may dampen market expectations for rate hikes and...
The decline in US bond yields dragged down the US dollar, with focus on Powell and the non-farm payrolls report; under the pressure of these two negative factors, the Australian dollar (AUD), also known as the Aussie, accelerated its decline against the US dollar (USD), breaking below the key level of 0.6700. Meanwhile, the New Zealand dollar (NZD) is still...
Keep an eye on US Treasury yields, as the two-year US bond yield rose to 5.085%, the highest in Asia, and currently stands at 5.062%; the Nikkei index closed up 0.5% at 28444.19 points. The USD/JPY rose to 137.90 and then retreated, but still remains bullish; The USD/JPY rose from the morning low of 137.10 in Asia to the highest of 137.90, and then softened...
On Friday, March 3rd, the GBPUSD rose 0.7% to $1.2032. The final reading of the February Services Purchasing Managers' Index (PMI) from the IHS Markit/CIPS rose to 53.5, higher than January's 48.7 and the initial February reading of 53.3, marking the strongest growth since June last year. The data has increased investor expectations that UK interest rates will...
Powell will testify before the Senate Banking Committee on Tuesday on the Fed's semi-annual monetary policy report. He will then testify before the House Financial Services Committee on the same topic on Wednesday. The market will also digest the latest non-farm payroll report for February, which is widely expected to add 200,000 jobs, with an unemployment rate...
I see a GOLD Short opportunity from 1954 with TGT 50 Pips and SL 25 Pips.
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about VGXUSDT. VGXUSDT has completed Retesting and now this is on the way to the target Point 0.6 As this is making falling Wedge Pattern that IndicatEs a strong bullish wave after breakout. Keep in touch we will update further soon.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about DXY. DXY exactly Moved According our Analysis. Now it has bounced from a strong support level. After here it has Maximum chances we can see here a double bottom Pattern. That indicates a good bullish wave. Keep in touch we will update further soon.
For my own point of video the Eurusd is expected to go long because of it uptrend and bullish of the candlestick. So it is expected to trade with caution with good money management and stop loss
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is exactly Moving according our analysis. Now this is at the main Support level. Here it has maximum Chances that we can see a good bounce in the market. It has maximum Chances that in this bounce we can see Price around 1890. Keep in touch we will...
Hy team we are here to update about BTCUSD. BTCUSD has completed Retesting. And we have cashed it. Now it started Again bullish wave. In this wave we can see price around 30k soon. That is a strong resistance level. Keep in touch we will update further soon.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDJPY. AUDJPY is breaking bearish pennant it has maximum Chances we can see here a good drop in price. In this drop we can see price around 89.5 Keep in touch we will update further soon.