The yen has appreciated recently after the Bank of Japan intervened in the currency market. This is a significant development with potential implications for the foreign exchange market. Considering Going Long on JPY? A stronger yen could be an attractive opportunity for traders looking to go long on the currency. However, it's important to conduct thorough...
Hello traders,what do you think about EURUSD? This currency pair has reached the support zone and the trend line. After a little fluctuation in this zone, it is expected to grow at least to the specified levels. If this post is useful, do not forget to like and comment.❤️
Hello traders,I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
The EUR/USD pair faced significant bearish pressure during the American session on Monday, plunging to its lowest level since mid-February, breaching below the key support at 1.0750. The pair's next potential support zone looms at 1.0700, unless it manages to stabilize above the 1.0760 mark. This downward movement in EUR/USD followed the release of US ISM...
The GBP/USD pair, having met our projected zone at 1.2550, initiated a bullish surge in Tuesday's London session to counter yesterday's sharp decline. However, it may encounter resistance near the 1.2580 level before potentially resuming its bearish trajectory. The pair's appeal remains limited amid subdued market sentiment. Traders have adjusted their...
BTCUSD buy strong high Consolidating abovementioned forms ascending triangle Focus on Bitcoin halving and institutional demand Bullish target at bearish at and will be flying soon
Bitcoin Forum had a mixed performance in March It's initially soared to a record high of and then crashed hard to as outflows from the Grayscale Bitcoin Trust GBTC intensified Many GBTC holders haven't solid their assets and moved them to other funds
GBPUSD going confined the pair between Yes there were moves bullish and above that range inbreaks were brief Most of
Xauusd buy opportunities no more sell gold target is 2280 the movement of bullish area
✅The DXY index has succeeded in breaking the 🔴 Resistance zone($104.27-$103.80) 🔴. 📈From the point of view of Classical Technical Analysis , DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern . Of course, we must wait for the reaction to the upper line of this pattern . 🔔I expect the DXY index to rise to at least 🟡 Potential...
Closed the trading session before the Easter weekend, the GBP/USD pair is seen hovering around 1.2617, encapsulated within a prevailing bearish sentiment. Similar to the EUR/USD, the pair remains within an accumulation range, suggesting a possible Triangle pattern for enthusiasts of technical analysis. Notably, it is trading below both the 21 and 200 Moving...
Amidst early week volatility, GBP/USD initially tested 1.2650 before reversing course and closing positively on Monday. However, recent movement has brought the pair into a supply area, hinting at a possible reversal and continuation of its bearish trajectory. In the upcoming economic calendar, focus shifts to the release of Durable Goods Orders for February in...
The EUR/USD pair experienced a significant decline towards the end of last week, driven by the release of Eurozone and US flash PMI data. These figures underscored the perceived strength of the US economy, leading to speculation that the Federal Reserve (Fed) may reconsider its aggressive stance on interest rate cuts. The data painted a picture of US...
XAUUSD After hitting record highs last week gold buyers have found it a bit tough to contest the $2,200 mark again so far But we ve getting another run at that key level again at the moment
The international gold charge has simply set a brand new anciental top whilst it hit 2,260 USD efforts to increase the prevailing streak to 5 consecutive periods on Friday. However, marketplace liquidity is presently low because of the Good Friday vacation mentality of many traders. Gold will become greater appealing to traders as marketplace sentiment leans...
As the financial markets took a pause for the Easter holiday, the GBP/JPY pair maintained stability around the 191.00 level on Friday, showing minimal movement. Meanwhile, Federal Reserve Chair Jerome Powell made statements emphasizing the adaptability of monetary policy to various economic scenarios. Technically, the price experienced a reversal near 193.500, as...
GBPUSD Catherine Mann is one such critic pointing towards the fact that the UK has stronger wage growth data than both the US and EU and to align rate cut expectations with these two nations is not accurately
BTCUSD strong high Market risk Please makes yourself trades cautiously Bitcoin is a volatiles assets and around the clock trading provides constant opportunities for both big gains and significantly losses