Today’s release did little to shift interest rate expectations. Markets continue to forecast around 90 basis points of cuts this year – three or four 25bp cuts – with the June 6th meeting seen as the most likely starting point. A cut at this meeting would mean the ECB being the first major central bank to cut rates, leaving the Euro at risk of falling...
Hello traders, we want to check the GBPUSD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to act as a resistance level and the price will drop to around 1.26000. Good luck.
Xauusd aims for a strong weekly gain as investors choose the early rate-cut narrative in the US, shrugging off recent doubts over its timing. In the monetary policy statement, the Federal Reserve (Fed) didn’t explicitly refer to upcoming rate cuts amid the absence of enough evidence that underlying inflation will sustainably return to the 2% target. However,...
The USDJPY is moving to new at session highs, and in the process as extended above the swing area between 149.81 and 150.158. Yields in the US have turned around and are now higher on the day. The two year yield is at 4.642% up 3.0 basis points. The 10 year yield is up 2.4 basis points at 4.30%. At 1 PM today, the U.S. Treasury will auction off 20-year notes. At 2 PM
In the EURAUD 4-hour chart, prices made a retest, also known as pullback, to the broken resistance zone. This zone also corresponds to the Fibonacci 0.382 level. The uptrend may continue from where it left off. This is not an investment advice!
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price break 2080 leaving a open gap to 2092 but EMA5 is lagging behind. Although we have open target now at 2092, we will need to see ema5 and price meet and attach between 2080 and 2065 for some correction. We have our retracement range at 2065 - 2052. We will...
Today, the GBPUSD experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that...
Personal suggestion for you Gold price trend to continue buy during session It is expected that price will continue in the buytrend and can approach the price range of 2029 Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
Hi guy's this is my overview for BTCUSD, feel Free to check it and write your feedback in comments 👊 Some days ago price traded in wedge Where it bounced from support line and rose to resistance line If this post is useful to you you can support me with like boost and advice in comments
Btcusd is on top zone from our Technically view btcusd fall then It will be up again pattern is good for btcusd If this post is useful to you you can support me with like boost and advice in comments
Personal suggestion for you Gbpjpy price trend to continue Buy during session It is expected that price will continue in the Buy trend Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
Gold is ready to fly up again with trend of buy Uptrend is running Gold setup price Gold buy from 2033 _2030 1Target 2040 2 Target. 2050 Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
Hi guy's Gold price is ready Gold price trend to continue buy during session It is expected that price will continue in the buy trend And can approach the price range of 2083 Note : Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
Hi guy's this is my overview for GBPUSD Feel free to check it and write your feedback In comments Some time ago price traded near resistance Level which coincided with resistance zone And later entered to wedge In short time price rose to resistance Line 9f wedge and recently it bounced Down to support line Give us like and support with advice comments
Gold gathered bullish momentum in the second half of the day on Friday and reached its highest level since early January above $2,070. The benchmark 10-year US Treasury bond yield is down 1% at 4.2%, fueling XAU/USD's rally ahead of the weekend.From a technical perspective, the overnight breakout through the $2,040-2,042 horizontal resistance was seen as a fresh...
Hello traders, we want to check the XAUUSD chart. The price has reached a key resistance level after breaking the descending channel. We expect this level to temporarily stop the upward trend of the price and make a correction until around 2065.700. Good luck.
Hello traders, we want to check the EURJPY chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the downward trend of the price will be maintained. If the price falls, our target will be 162,000. Good luck.