Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level. We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.81 Stop Loss - 193.38 Take Profit - 191.88 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GOLD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GOLD Entry - 2320.9 Sl - 2303.2 Tp - 2352.7 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The recent price action on the EURJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CADJPY pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Hello SOLUSDT traders, let's discuss SOLUSDT! Currently, SOLUSDT has paused its sharp decline as the price has approached and received support at the level of 124.48. The price is now consolidating, and the future direction is still unclear, with two potential movement scenarios indicated on the chart. Which scenario do you think will occur? Personally, I am...
Hello, dear friends! Let's dive into today's gold price dynamics together! Last night, gold underwent a significant adjustment. The precious metal's price sharply declined as fading expectations for a U.S. interest rate cut overshadowed the demand for safe-haven assets amid escalating tensions in the Middle East. On the analysis chart, gold traded around $2365...
GBPUSD Recovery Efforts in Play Amid Volatile Conditions Following a notable decline yesterday, GBPUSD is showing signs of recovery as it approaches the 1.242 region. However, it's still premature to declare a definitive return to a bullish trend, as the long-term outlook remains under bearish control. Current technical analyses suggest a continuation of...
GBPCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPCHF Entry - 1.1324 Stop - 1.1283 Take - 1.1389 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPCAD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPCAD Entry Point - 1.7012 Stop Loss - 1.6958 Take Profit - 1.7099 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Balance of buyers and sellers on the USDCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
Today, XRPUSDT is poised for a subdued trading session as the Bollinger Bands tighten, signaling the anticipation of a new directional move. Currently, there's a mild recovery underway, yet it remains capped within a longer-term downtrend. I maintain my stance on this cryptocurrency, expecting a continuation of the downward trend once this period of sideways...
Hello savvy and affluent traders, what are your thoughts on XRPUSDT today? Today, XRPUSDT has experienced a slight decrease in price, with trading levels appearing largely unchanged from this time yesterday as accumulation continues. Despite this, the downtrend still dominates as a breakout has occurred, and there are no solid signs yet that the bulls might...
USD/JPY stabilizes around the 154.50 mark after recouping some of its daily losses on Friday. According to Reuters, a senior Iranian official stated there are no immediate plans for retaliation following Israeli airstrikes. This development coupled with hawkish comments from Federal Reserve officials on Thursday gave the US dollar a boost. The Reuters report...
GBPUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry Level - 1.2317 Sl - 1.2236 Tp - 1.2456 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️