Hello everyone, we start a new day with new opportunities. Today, let's analyze and devise a strategy for BTCUSD, the market leading cryptocurrency. BTCUSD continues to maintain in its strong bullish channel. Despite some headwinds in maintaining its upward momentum after hitting a new high at $71,750, it is currently at $69,538, up a slight 0.17% on the day. In...
Hello smart and wealthy traders, what do you think about BTCUSDT, bullish or bearish? In the short term, the price could correct, a false breakout could see the price fall sharply. In particular, maintenance will lead to price increases. Technically: EMA 34 is leaning towards a continued uptrend. Given the current scenario, I recommend prioritizing a buying...
Hello Fellow XRPUSDT Traders, A Surprising Turn for XRPUSDT: Yesterday, we delved into the upward movement of XRPUSDT on the 4-hour chart. However, the market took us by surprise as XRP broke down unexpectedly from its support level and ascending trendline. This shift has painted a rather bearish picture for XRP in the short-term outlook. XRPUSDT's Current...
Hello, community! Today has been a positive turn for ETHUSDT, continuing to be dominated by bullish sentiment. As previously predicted, ETH has shown a strong rebound, demonstrating its strength from a crucial support trendline. Technical Analysis: Utilizing the Exponential Moving Averages (EMAs) with periods of 34 and 89, we observe that ETHUSDT maintains its...
Hello dear friends! XAUUSD continues its uptrend, currently at $2189, marking a loss of nearly 0.24% on the day. Overall, XAUUSD is having difficulty approaching the $2200 resistance level, in line with our prediction yesterday. Looking ahead: One of the factors driving gold prices today is that the market increasingly expects the US to reduce interest rates by...
Hello, beloved trading enthusiasts! Today, EURUSD is still trading above the 1.080 support level, but the outlook for this pair leans towards a downward trend as the long-term trajectory indicates a decrease, and the price oscillates below the EMA 34 and 89 lines. Additionally, the modest appreciation of the US Dollar (USD) has led to a similarly modest decline in...
"Trading Idea for Gold: The price of gold saw an uplift in today's morning session, following reports that business environment and consumer confidence in the Eurozone for March showed little signs of improvement, sparking fears of ongoing global economic challenges. This concern prompted investors to increase their gold purchases as a means of capital...
GBP/USD experienced a rise to 1.2670 on Tuesday but failed to sustain its upward momentum into the latter half of the day, trading below the 1.2650 mark during the European session on Wednesday. Despite technical indicators suggesting an increasing bearish trend, the price has remained relatively unchanged today, mostly hovering around 1.262. Sellers seem to be...
"USDJPY trades quietly, hovering at record highs with a lack of upward momentum. The trend favors sideways movement, though EMA 34 and 89 signals suggest a potential for ascent. Technically, any upward trajectory may face resistance near the 152.00 mark, serving as a pivotal point for bulls if decisively breached, hinting at a continued rally from January 2023...
Hello dear friends, Let's discuss and plan our strategy for the new day together! In general, XAUUSD is facing difficulties in surpassing the resistance level of $2222. However, it remains stable within the ascending channel. Moreover, upon careful observation, we can see that a cup handle is gradually forming. Based on these factors, my expectation is for a...
Hello dear friends! Nice to meet you. Currently, USDJPY continues to trade steadily at levels above the 1D ascending channel. Looking ahead: We expect the interest rate differential between the US and Japan to narrow, which along with other factors should support the JPY. In contrast the Fed is expected to cut as soon as June, with a probability of 69.9% rates...
Hello everyone, let's discuss and strategize with me today! Overall, GBPUSD fell exactly as I predicted. Accordingly, it remains confined below the 1.2650 resistance level, the pair is currently trading at 1.2614, after hitting 1.2637 marking a 0.21% decline on the day. Meanwhile, it is worth noting that: The US economic calendar will not provide any data...
Hello dear friends! Currently, EUR/USD is holding its range above 1.0800 early Thursday. The pair moved sideways as the US Dollar struggled, despite hawkish comments from Fed Governor Waller. The Euro awaits German economic data for new trading incentives. The 4-hour chart shows a revival of the downtrend. That means the initial support level at 1.0801, will be...
Hello dear friends, nice to meet you again, let's discuss and strategize to specifically evaluate today's trends with me! Looking ahead to news impact on gold: In the medium term, Gold could be significantly impacted by the USD rebound. Meanwhile, Gold continues to trade in an expanding upward trend. Specifically, the short-term trend is to increase and the...
Dear friends, USDJPY continues to regain some momentum as it recovers the 152.00 level, but the overall and long-term trend remains upwards. In the short term, UJ may still face pressure from the modest retreat of the USD. Meanwhile, investors are still awaiting news that could have a significant impact on the market. Specifically, the US economic report on...
Hello everyone, let's discuss and strategize today! The EUR/USD pair extended the previous day's rejection slide from resistance near the 1.0865 area and remained under some selling pressure for the second straight day on Wednesday. However, EURUSD manages to hold above 1.0800 during the Asian session. In the short term, the pair remains supported around 1.0800....
Hello everyone, it's a pleasure to reconnect and discuss today's strategy together! In an unexpected turn of events, XAUUSD experienced a significant surge, resulting in a false breakdown above the $2170 resistance level. Presently, it is trading around $2177, following yesterday's Gold session where it briefly touched $2200 before dropping by $24 at the time of...
Hello dear friends! ETHUSDT is operating well in its upward channel. It is currently trading at a high of $3619, after hitting $3680, marking a 0.91% gain on the day. In the short term, ETHUSDT will likely still struggle from the $3650 resistance level. However, the technical outlook remains bullish and somewhat reinforces the continued upward trend. I expect,...