After several days of moving sideways and plunging, gold prices rebounded sharply after the US producer price index (PPI) data was released. Specifically, a report from the US Department of Labor showed that PPI in March increased by 0.2% compared to the previous month. Meanwhile, economists surveyed by Reuters predicted a 0.3% increase. After the report, both the...
Hello Trader BINANCE:MANTAUSDT.P OMXHEX:MANTA breakout line area 30 minutes to 1 hour. market price order or limit area 2.0438 take profit 11% stop loss 2.5% #DailyOutlook #dyor Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Hello Trader BINANCE:SAGAUSDT.P The valid falling wedge area is now in the retest area position, market price or buy order limit area 4.0972 take profit 30% stop loss 5% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
The Kiwi (NZD/USD) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support?1 Pivot: 0.5953 1st Support: 0.5872 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
$65000, $64500 next target in the downtrend, what you say guyss? The price of the BTC is in the downtrend after recent breakdown in the downtrend direction. Now, the price of the BTC may fall near 65000, 64500 the lower support levels. The Leading coin always has an important value in crypto trading, The price of the BTC watched around the world deeply. So,...
WTI oil (XTI/USD) is trading close to the pivot which has been identified as a pullback support. Could this commodity find support around this level before potentially reversing to rise towards the 1st resistance? Pivot: 85.57 1st Support: 83.22 1st Resistance: 90.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
This chart portrays the accumulation phase, so with support and resistance technique, it is time to take entry.
Ethereum (ETH/USD) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support? Pivot: 3,224.00 1st Support: 2,609.35 1st Resistance: 3,693.53 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
The S&P 500 (US500) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 5,117.40 1st Support: 4,956.50 1st Resistance: 5,263.47 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hello all dear friends! Overall, gold experienced a significant price increase yesterday surpassing the $2,355 level. It is currently trading at a new high of $2,388 at the time of writing, experiencing significant gains of tens of dollars on the day. Do you wonder why gold increased so strongly? Regarding international market information: In the context of...
GBPUSD is currently at the pivot close to the 50% Fibonacci retracememt and could potentially fall to the swing support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 191.62 Support: 190.33 Resistance: 192.75 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
XAUUSD has reacted off the pivot that lines up with the 78.6% Fibonacci projection and the 161.8% Fibonacci extension and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level which is lines up with the 100% Fibonacci projection Pivot: 2394 Support: 2365 Resistance: 2417 Risk...
EURUSD is rising toward the pivot point that lines up with the 38.2% Fibonacci retracement and could potentially fall to a swing-low support level Alternatively, if price breaks above the pivot, it could continue to rise to a pullback resistance level close to the 78.6% Fibonacci retracement. Pivot: 1.0774 Support: 1.0716 Resistance: 1.0842 Risk...
GBPUSD is rising toward the pivot point close to the 38.2% Fibonacci retracement and could potentially fall to an overlap support level Alternatively, if price breaks above the pivot, it could continue to rise to the pullback resistance level Pivot: 1.2580 Support: 1.2500 Resistance: 1.2670 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
USDCHF has just bounced off the pivot point and could potentially rise toward the swing high resistance level Alternatively, if price breaks below the pivot, the overlap support could continue to fall to support, close to the 78.6% Fibonacci retracement. Pivot: 0.9089 Support: 0.9024 Resistance: 0.9148 Risk Warning: Trading Forex and CFDs carries a high level...
GBPUSD is rising toward the pivot point close to the 38.2% Fibonacci retracement and could potentially fall to a support level. Alternatively, if price breaks above the pivot, it could continue to rise to a pullback resistance level Pivot: 1.2519 Support: 1.2430 Resistance: 1.2590 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
EURUSD has just bounced off the pivot that aligns with the 161.8 Fibonacci extension and 100% Fibonacci projection Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1.0618 Support: 1.0499 Resistance: 1.0707 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and...
XAUUSD has reacted off the pivot that aligns with the 38.2% Fibonacci retracement and could fall to a multi-siwng low support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2362.84 Support: 2326.19 Resistance:2404 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...