GBP/USD is grinding higher on Thursday, trading around 1.246, still locked in a downtrend with the EMA 34 reversal yet to conclude. On the USD front, optimistic February retail sales earlier this week showcased a robust U.S. economy. This report sparked speculation that the Federal Reserve (Fed) might delay its easing cycle this year. Fed Chair Powell stated he...
The EUR/USD pair climbed to a higher level, reaching 1.0672 on Thursday during the early Asian trading session. This uplift was reinforced by fresh selling pressure on the US Dollar and a risk-friendly market atmosphere. Investors are poised to monitor several key economic releases later in the day, including the weekly Initial Jobless Claims, the Philly Fed...
Gold prices are making a modest recovery during the Asian trading session after finding renewed demand near the $2,380 level. The metal is capitalizing on a softer risk environment and the sustained dip in U.S. Treasury yields, despite recent hawkish comments from the Fed. Currently trading near $2,380, the daily chart suggests that the downward trend might...
GOLD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GOLD Entry - 2382.5 Sl - 2408.1 Tp - 2331.9 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPCHF Entry - 1.1336 Stop - 1.1309 Take - 1.1389 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down. ❤️ 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 USDCHF chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Hello everyone, following last week's sharp decline, EURUSD appears to have stabilized, with prices not showing significant changes from the start of the week, hovering around 1.063. The downward trend remains intact, and the descending trendline continues to be effective, favoring sellers. Looking ahead, the relatively weak economic foundations in the Eurozone,...
The U.S. Dollar has gained against the Japanese Yen in early North American trading, bolstered by strong U.S. economic data and a range of comments from neutral to hawkish by Federal Reserve officials. The USD/JPY is trading at 154.61, up 0.22% from the open, maintaining its upward trajectory. USD/JPY buyers might push the exchange rate to challenge the 155.00...
Gold prices are currently wrestling with the $2,400 mark at the start of Wednesday, following a quiet close the previous day. The precious metal is making another bid to reclaim the $2,400 threshold as the U.S. dollar weakens slightly due to a dip in Treasury yields, all while anticipating a new lineup of speakers from the Federal Reserve. Gold remains at a...
Btc now go to make a correction of wave 4 in the bearish scenario or Go to white x which a part of a huge (B) pullback in a big bullish Months scenarios
AUDUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long AUDUSD Entry - 0.6424 Sl - 0.6380 Tp - 0.6508 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.71 Stop Loss - 193.13 Take Profit - 191.93 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell EURUSD. ❤️ Please, support our work with like & comment! ❤️
USD/JPY continues to surge following its breakout above the 152.000 resistance level. The outlook for this pair remains bullish as the USD gains strength over the JPY, amidst Japan's current economic struggles and volatility. I maintain a bullish stance on this currency pair, as there are no signs of peaking yet, and prices remain stable above both the 34 and 89...
GBPNZD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPNZD Entry Level - 2.1142 Sl - 2.1195 Tp - 2.1036 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURNZD Entry - 1.8054 Sl - 1.8098 Tp - 1.7974 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️