Gold continues its strong rally, surpassing the psychological threshold of $2,400 during Friday's Asian trading session.
Looking at the chart, after surging to $2,415, Gold showed signs of slight decline, testing the SMA 20 zone at $2,384.
However, political tensions in the Middle East are predicted to persist and sustain the upward momentum without...
The political tension between Israel and Iran continues to escalate, propelling Gold prices to regain momentum and surpass the $2,400 mark in Friday's Asian trading session. If this tension continues to escalate, forecasts suggest that Gold prices could experience even stronger growth, potentially reaching the $2,500 threshold.
Looking at the chart, we can...
The price of gold has undergone a new wave of increase, surpassing the $2,400 mark in the Asian trading session on Friday following Israel's retaliatory attack on Iran.
Based on technical analysis, we observe that the upward momentum of gold continues after crossing the SMA 20 line. The Relative Strength Index (RSI) trading above the 60 level indicates that the...
Hello everyone, let's take a look at the LTC to USDT chart on a one-day time frame. As you can see, the price had a dynamic decline and a temporary descent below the upward trend line, but has now returned to the trend line level.
Let's start by determining the support line and as you can see, the price dropped and quickly returned to support around the level of...
BTC is recovering its upward momentum after the price breaks through the SMA 20 line, predicting that the price will continue to rise and test through the SMA 50 and SMA 100 lines before experiencing a strong increase.
Overall, Bitcoin (BTC) is still maintaining an upward trend. However, there are signs indicating that a correction is taking place. Looking at the chart, BTC is undergoing a correction process and showing signs of recovering from the downward phase. It is expected that the price may decline towards the vicinity of the 20-period Simple Moving Average (SMA), close...
USD/JPY continues its upward momentum after experiencing a decline in the U.S. trading session on Wednesday. Overall, the upward trend of this currency pair remains robust.
When looking at the chart, technical indicators have clearly confirmed this trend. The price has surpassed the simple moving average (SMA), indicating that the strength of the uptrend is...
The strong recovery of the USD/JPY pair is attracting attention, reflecting Japan's intervention to temporarily address the weakness of the Japanese Yen (JPY).
Technically, on the chart, the strength of the upward momentum is clearly evident. The Relative Strength Index (RSI) is stabilizing around the 60 level, indicating a significant upward trend of this...
Overall, BTC is experiencing a mild correction phase and showing signs of transitioning into an upward trend.
Based on technical analysis, on the chart, we see that the price of BTC is expected to continue testing the SMA 100 zone, especially at the 0.5 - 0.618 Fibonacci levels.
The USD/JPY pair is currently demonstrating a strong upward momentum, attracting significant attention from investors. This increase is driven by momentum from Japan, particularly through interventions by the Japanese government and the Bank of Japan (BoJ).
Looking at the chart, we observe that the Relative Strength Index (RSI) is trading above the 60 level, a...
The British Pound (GBP) extended its gains to 1.2480 in Thursday's European trading session. The GBP/USD pair is experiencing a period of heightened increase, propelled by a strong adjustment in the US Dollar, alongside growing expectations that the Bank of England (BoE) will postpone interest rate cuts.
The GBP/USD pair is rebounding from the 1.2400 level and...
The GBP/USD is extending its recovery rally towards the 1.2500 level in Thursday morning's European session. This currency pair continues to be supported by the prolonged weakness of the US Dollar along with low-interest rates of US treasury bonds.
On the 4-hour chart, we observe that the GBP/USD has crossed above the 20-period Simple Moving Average (SMA),...
EUR/USD is consolidating its recovery process but remains below 1.0700 at the start of the European trading session on Thursday. The US dollar (USD) continues to decline despite political turmoil in the Middle East.
However, in the future, the weakness of the Eurozone economy, along with the potential recovery of the US economy, boosts expectations for a stronger...
The EUR/USD currency pair is seizing the opportunity for recovery after a period of sharp decline. This resurgence is being strongly driven by the downward pressure on the US Dollar, opening up a wide door for the Euro to push prices back towards the highs.
The target for the EUR/USD pair is the vicinity of the SMA 50 area, close to the 0.5-0.618 Fibonacci level....
Hi Traders !
Previously, The SPX500 Price Formed a Bearish Double TOP Pattern.
Currently, The Price Broke The Support Level (5081.27 - 5051.43).
This Key Level Becomes a New Resistance Level !
So, I Expect a Bearish Move 📉.
TARGET: 4976.00🎯
The EUR/USD currency pair has surged higher, reaching the level of 1.0672 on Thursday at the start of the Asian trading session. This recovery is being strongly propelled by the downward pressure on the US Dollar, opening up a wide door for the Euro to recover and increase in value.
Looking at the chart, we can easily observe the transition from a downtrend to an...
Despite the adjustment of the US Dollar, the yield of US treasury bonds decreasing, and escalating political tensions, the price of gold failed to sustain its recovery and once again declined to the vicinity of 2,350 USD. However, it rebounded, trading around 2,370 USD during Thursday's Asian trading session.
Based on technical analysis, on the 1-hour chart, the...
Gold experienced a volatile session on Wednesday, dropping to $2,354 in the US trading session. Despite the price decrease, there are signs of a mild recovery. Expectations are high for gold to surpass the $2,400 mark.
Based on technical analysis, the price is gradually recovering and heading upwards. If the price continues to rise and surpasses the 60 level, it...
