BTCUSD On the other hand if the bulls are able to flip the previous high into support like they did with the support previously as highlighted in purple, then that would be a promising move Investors should watch for a decisive flip of the blockade into support A bounce atop this base would inspire more buy orders sending BTC price to the local top at least one
GBPUSD seen as the third leg Deeper decline would be seen to support and possibly bullish But strong support should emerge fromretracement of complete the correctional
EURUSD The latest inflation report for March spooked everyone showing consumer prices soaring by 3.5%, way above expectations What does high inflation mean It means the Fed's gonna keep interest rates high for longer to fight it As soon as that data hit you could practically hear the market's collective gulp with the EURUSD
Gold Geopolitical frictions in the Middle East have further bolstered gold although these risks have intensified only recently and haven't been a predominant theme for an extended period To add context investors have been nervous about Iran's potential retaliation against Israel following the bombing of its embassy in Syria Such action could escalate tensions in...
Gbpusd average This is generally a reversal pattern so we can expect the sellers to sell any rally now as they target a breakout below the support The price got a bit overstretched yesterday as depicted by the distance from the blue moving average In such instances we can generally see a pullback into the moving average or some consolidation before the next move
XAUUSD Strong Report A surprisingly strong jobs report could signal a resilient economy, leading the US central bank to hold off on plans to ease interest rates imminently This scenario should be down for the US dollar but is likely to put downward pressure on precious metals like gold and silver
#EURCAD
UPDATE
Hey team hope you all are enjoying our ideas and analysis. Now we are here to update about EURCAD. EURCAD is making rising Wedge Pattern and almost breakout done. In this move we can see drop upto 100Pips+. Keep in touch we will update further soon.
XAUUSD BUY opportunity 2360 Conversely should bulls reclaim firm command of the market, resistance awaits at as previously noted In case of a breakout prices would enter uncharted territory making it challenging to pinpoint potential resistance levels However a notable area of interest may lie at corresponding to an ascending trendline
XAUUSD SELL opportunity 2200
Intraday bias in EUR/USD remains on the upside at this point Rise from is seen as the third leg of the corrective pattern from Further rally would be seen to resistance zone on the
Xauusd hes from gaining greater confidence to finally begin reducing borrowing costs gold may find itself in a more advantageous position to initiate its next leg higher Upside inflation risks evident in recent data however
BTCUSD The technical picture has become a big bit more as the price has declined further although it seems to have found firm support at Despite that There is strong resistance just overhead at whichever
EURUSD after some encouraging European inflation numbers It also rebounded after the important statements from Marys Daly and Loretta Mester who are Federally Reserved
Gold is high The he precious metal is staying poised in trading today despite the dollar also sitting higher on the session’s Afterhitting record highs last week gold buyers have
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
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
Gold pulls away from daily highs, holds above $2,200
Gold retreats from daily highs but holds comfortably above $2,200 in the American session on Thursday. The benchmark 10-year US Treasury bond yield stays near 4.2% after upbeat US data and makes it difficult for XAU/USD to gather further bullish momentum
Technical readings in the 4-hour chart hint at higher...
