Hello traders, what do you think about EURUSD? This pair of money is moving in a downtown channel, it is expected that it will decrease after a adjustment movement and when reaching the resistance area at least at least at a definite level. What is your point of view? Do you agree with me?
The euro gained 1.08% to $1.0991, the highest since Nov. 29. It is on track for its biggest daily percentage gain since Nov. 14. The ECB kept rates steady and pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming that borrowing costs would remain at record highs despite lower inflation expectations. “The ECB was unable to...
Focusing on technical analysis, XAU/USD retains a bullish outlook, although its upward journey may encounter temporary setbacks. This means there could be transient pullbacks in the uptrend, especially if overbought conditions are reached. We are not there yet, but the 14-day RSI indicator is heading in that direction, In terms of major levels to watch, resistance...
Hello traders, what do you think about USDJPY? This pair of money is moving in a downward channel that has cooled down. Now it is expected that it will decrease at least to the point that is specified after completing the pullback. What is your point of view? Do you agree with me? ❤️
Hello traders, what do you think about EURUSD? After breaking the resistance level, this pair of money is currently trading at a high level, but if the right wave will take place, the retreat will take place to check the level that has been broken earlier. It is expected that the price will increase again again after checking the previous break If this article is...
Hello traders, what do you think about GBPUSD? The pair's rapid growth coupled with a hawkish bias from the Bank of England brought some support to the British Pound and lifted the pair and reached the 1.2793 zone. It is expected to rise to the specified level after the correction and return to the broken trend line. What is your view? Do you agree with me?❤️
Hello traders, what do you think about gold? Gold price increased to $ 2039 after the last monetary policy meeting of the year it was pushed beyond the threshold of $ 2,000 after the Fed decided to keep the interest rate from 5.25% - 5.5% and emphasized the growth rate Economic heads are slowly and inflation shows signs of "cooling down". Currently, the price that...
Hello traders, what do you think about GOLD? Gold held steady around 1995 levels. A softer US dollar and lower US Treasury yields boosted the yellow metal. From a technical point of view: the price is expected to rise to the specified level after testing the specified zone. What is your view? Do you agree with me?❤️
EURGBP hit today the 1D MA100 but so far has failed to cross over it. This is keeping the 1D technical outlook neutral (RSI = 45.430, MACD = -0.002, ADX = 43.111) which is usual after a rebound at the bottom of a Channel. On this particular occasion, it is a Channel Up, rebounding after the 1D RSI turned oversold. However since July 20th, the 1D MA100 got tested...
Hello traders, what do you think about GBPUSD? This currency broke the trend line within an hour. It is expected that it will increase to the prescribed level after checking the damage level. What is your point of view? Do you agree with me?❤️
Hello traders, what do you think about gold? Currently, gold price is trading around the $ 2037 resistance area and is still in the price increase channel, expected to increase at least the specified level when reaching this area. It is important to note that today's meetings of the European Central Bank and Brahmanism's speech, President of the European Central...
Gold rose to around $2,030 an ounce on Thursday, hitting its strongest levels in a week as the dollar and Treasury yields weakened sharply after the US Federal Reserve held interest rates steady and signaled three rate cuts in 2024. Fed officials expect to lower rates by 75 basis points in 2024, more aggressive than indicated in September’s projections, and...
Hello traders, what do you think about GBPUSD? The pair has lost its support zone and is expected to fall to at least the indicated level after the upside correction and completion of the pull back to the broken zone. What is your view? Do you agree with me?❤️
Hello traders, what are your thoughts on GOLD? Breaking out of the downward channel has caused the price of gold to continue its descent. Currently trading at $1981, the current recovery seems to be a corrective move towards the $1984 level before it is expected to decline as indicated. The FED's interest rate announcement today may be a catalyst for gold's...
Hello traders ,what do you think about GOLD? Gold is moving in a descending channel. It is now at the bottom of the channel. With a corrective move towards the top of the channel and the specified level, it is expected to fall to the specified level. The FOMC STATEMENT at tomorrow can be the trigger for the movement of gold If this post was useful to you, do not...
AUDUSD is almost neutral on the 1D timeframe (RSI = 55.106, MACD = 0.003, ADX = 28.280) as it has started to decline again after the rejection on the 0.618 Fibonacci level near the top of the twelve month Channel Down. The 1D RSI got overbought at the top just like on the June 15th LH (also on the 0.618 Fibonacci), which was the previous most optimal short...
AUDUSD is currently rejecting its main resistance point on this higher low from the daily perspective. Clearly a downtrend is the next move from here with pressure sells happening. Below are the SL, TP, and entry for AUDUSD. Please use proper risk management. AUDUSD Sell/Short Entry: 0.66149 Take Profits: TP 1: 0.65116 TP 2: 0.62191 SL: 0.66878 2-5% risk capital.
The Federal Reserve is expected to leave interest rates on hold in a decision at 1900 GMT, and how the dollar moves afterward will depend on whether policymakers counter recent growing expectations for rate cuts next year, UniCredit Research analysts say in a note. UniCredit doesn't expect the Fed to "push back firmly against recent market expectations of...