Yen falls as USDJPY heads in the direction of a hundred and fifty five However, the Japanese Yen did little to enhance in opposition to the weaker dollar, with USDJPY buying and selling close to a 34-12 months excessive and close to the a hundred and fifty five level. The yen weakened whilst a sequence of Japanese officers warned of presidency intervention to...
Here I have EURJPY on the Daily Chart! Currently you can see price back up at the Resistance Area of ( 164.3 - 165.3 ) after having tested the Rising Support 4 times with each time successfully having Strong Bullish reactions ... this Price Action has formed what looks to me to be a Bullish Triangle Pattern! Fundamentally, there's a lot to unpack but with JPY...
Investors have been flocking to safe assets recently as tensions in the Middle East have escalated with two-way retaliatory attacks between Israel and Iran in the past few weeks. This has meant the bullish momentum has been building in the US dollar, weighing on most other major currencies. GBP/USD has been caught in the crossfire but the weakening fundamentals...
XAUUSD UPDATE Small Risky trade | long 🔥 XAUUSD Instant Buy now 2313 One more Buy Limit 2010 TP 2320 TP 2330 SL we close Manually use proper Money Management Good luck Guy's
EURUSD is bearish till my golden and final zone. The EUR/USD pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the euro, the official currency of the Eurozone, and the US dollar, the currency of the United States. Traders and investors closely monitor this pair because it reflects the relative strength of...
The US Dollar Index is entering accumulation and recovering after 2 days of decline, making gold priced in US Dollars less attractive thanks to direct correlation. The short-term appeal of precious metals still remains. weak as tensions in the Middle East ease and safe-haven demand weakens. The gold market has been less affected by the escalating conflict in the...
💎Paradisers, let's delve into the latest movements for #COMAIUSDT, where we're witnessing a compelling shift in dynamics. 💎Currently, #CommuneAI is retesting the resistance turned support within a descending triangle. If it manages a successful retest, it could point to a bullish reversal, sparking a rally toward the key resistance zone above. 💎However, if...
In the intricate dance of global currencies, the EUR/USD pair has recently found itself swaying to the tunes of central bank pronouncements and economic indicators. The past few days have been particularly eventful, as remarks from key figures like European Central Bank President Christine Lagarde and Federal Reserve Chairman Jerome Powell have reverberated...
IBM ( NYSE:IBM ) is reportedly on the brink of acquiring HashiCorp ( NASDAQ:HCP ), a renowned cloud software provider. The potential acquisition, as reported by the Wall Street Journal, has sent shockwaves through the tech industry, igniting both excitement and speculation among investors and analysts alike. HashiCorp, based in San Francisco, has garnered...
In a surprising turn of events, Tesla ( NASDAQ:TSLA ) has defied market expectations, with its stock soaring over 13% despite falling short of analysts' projections for its first-quarter earnings. While the electric vehicle (EV) giant reported weaker-than-expected revenue and earnings per share (EPS), investors remain bullish, largely due to CEO Elon Musk's...
SET:COM7 BUY BET 3-4% position if bottom will going to accumulate & add position... STOP TIGHT very low account risk = 0.10-0.15%
Gold finds it difficult to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to turn north.
From the point of view of the one-hour chart, gold has broken through the track from the upward channel, and the trend after the breakthrough is temporarily concerned. If it is a false breakthrough, the trend will return to the channel room, when we still maintain the idea of dips. If it is a real breakthrough, the lower track of the uplink channel will form a...
The anticipation surrounding the earnings report, scheduled for February 28th, has sparked speculation of a potential short squeeze immediately following its release. The forecasted movement, expected to unfold over a span of 6 to 9 days, is characterized by a notable intraday increase, with expectations set around a 15% rise during this period. This bullish...
Got stopped out here as well. Will be monitoring DXY closely to see if my risk off dollar strength bias is still viable
Potential for a bearish pullback on the GBPUSD 1W which could lead to a price movement towards the support level at 1.19600.
The Pound Sterling's recovery has encountered a standstill amidst robust speculation regarding early rate cuts by the Bank of England (BoE). Concurrently, the GBP/CAD pair, after establishing a bottom within its channel around 1.68880, initiated a pronounced bullish surge, propelled by a convergence of technical and seasonal indicators. Technically, the price...
In our latest review of Ethereum (ETH/USD), we'll dissect the technical elements to present a comprehensive analysis, using various indicators to predict potential price actions. The data is sourced from the daily and hourly charts on the Coinbase exchange as of April 25, 2024. Ichimoku Cloud Analysis: On the daily time frame, ETH has been oscillating around the...