Hello everyone, today the Japanese Yen (JPY) struggled to capitalize on its modest gains during Friday's Asian session and weakened to a one-week low against the US Dollar (USD) from the day before, thereby providing a slight upward momentum for the USDJPY pair. On the 4-hour chart: USDJPY has formed a pennant pattern, and the market is expecting this pair to...
During the weekend, USDJPY failed to achieve any new breakthroughs, continuing to be trapped in a sideways trend and approaching the support level of 51.100 USD. Should the current support level be breached, the next significant support zone for BTCUSDT would be at 49.800 USD, along with a retest of the 89 EMA line as indicated on the chart.
Investors will be waiting for economic data with a big impact on the US next week: core PCE data - the Fed's favorite inflation measure. Core PCE is forecast to increase 0.4% in January, pushing the annual figure down from 2.9% to 2.7%. However, traders should not be surprised if these numbers suddenly increase considering previous CPI and PPI...
Right now FIL is bouncing off the 161.8% Fibonacci support. If that support holds, the rally is inevitable! Be ready!!!
Get ready to witness some fireworks because OGNUSDT is on the brink of a major breakthrough according to our analysis. This coin isn't just a blip on the radar—it's riding a long-term uptrend, paying its respects to that trendline like a loyal follower. But hold onto your excitement! We're forecasting an ascent of about 114% from the present price, aiming to test...
BTCUSDT has just completed a double top pattern on the 1-hour chart. The price is currently at the support level of 51,100 USD, and the technical outlook leans towards the bears, with the 34 EMA indicating a reversal. The resistance level at 51,440 is forming a convergence zone with the EMA, and I am leaning towards a sell position for today's BTCUSDT trading. Do...
Hello everyone, today the USDJPY has been trading around the 150.500 mark during the early trading hours of the weekend. This pair found support at 150.42 and retested the 34 EMA line. Trend Forecast: USDJPY is expected to continue its upward momentum and is forming a double top pattern as indicated on the chart. We will consider a sell strategy if USDJPY reaches...
USDJPY has continued its upward trend over the past few days, with prices fluctuating around the 150.23 mark and steadily advancing towards the 152 resistance level. The US Dollar (USD) remains in a concerted effort to attract significant buying interest, contributing further to a daily decline of about 25 pips from the vicinity of the 150.00 level for the...
Today, the USDJPY is trading around the 150.30 mark, showing little variation from its position at the same time yesterday. In this context, the Japanese Yen remains on the defensive amidst the Bank of Japan's (BoJ) policy uncertainties. Japan's flash PMI indices have not made a significant impact on the JPY's upward trend nor provided any substantial support....
EURUSD continues to be supported on Thursday with a price that is fluctuating around 1,082. The short -term price continues to be supported when the transaction keeps the increase on two EMA lines and recorded a significant recovery level after the money briefcase exceeded the resistance of 1,078. It is expected that the price continues to be restored and...
Hao, you, today EURUSD is trading around 1,082 and still keeps the recovery adjustment on the price channel. However, EUR/USD slipped to the average level before the late breakthrough on Wednesday after the US Federal Reserve (Fed) published the latest minutes to show policy makers to continue. Focus on discount risks.
Hello everyone, let's dive into today's gold prices! On the last trading day of the week, gold prices remained stable between $2022 and $2025. Investors are awaiting new economic data from the U.S. to gauge future interest rate directions set by the Federal Reserve (Fed). Currently, gold is experiencing a short-term deadlock, caught between interest rate...
Today, our focus is on RNDR coin, a potential powerhouse in the long-term landscape. Given the rapid advancements in Virtual Reality technology and the expanding marketplace, RNDR stands poised to play a pivotal role, potentially leading to a meteoric rise in its value over the years. While the long-term outlook is promising, let's delve into the potential price...
Broken 15m time frame trend line supporting at this area/structure great risk to reward setup setup looks great right before london sessoin
Gold rebounded despite FOMC meeting minutes maintaining "hawkish" stance World gold prices were not negatively affected in the context that this morning's FOMC meeting minutes did not create a surprise for the market. During the February 21 session, gold prices increased to $2,031 as the USD weakened in the context of investors cautiously waiting for the FOMC...
Let me preface that this analysis is not a prediction of bearish price action. My short-term bias is still bullish and I wouldn't be surprised if we make a new ATH before the halving. That being said, I can very well be wrong on my bullish bias. Trading consists of IF>THEN. IF Bitcoin loses the uptrend, THEN we wait for the price to reach the bottom support of...
DENT after the pullback can continue to go up. 🔵Entry Zone 0.0013982 - 0.001458 🔴SL 0.001311 🟢TP1 0.001591 🟢TP2 0.001798 🟢TP3 0.002085 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our...
ONE is moving up in the channel after bouncing off the trendline of the channel. 🔵Entry Zone 0.01872 - 0.01945 🔴SL 0.01684 🟢TP1 0.02038 🟢TP2 0.02552 🟢TP3 0.02838 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...