WAVES after the pullback can potentially continue the up trend. 🔵Entry Zone 2.359 - 2.420 🔴SL 2.264 🟢TP1 2.527 🟢TP2 2.868 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 ideas, please...
#gold ⇒ it will be ready for another upward movement hello guys... as I published before this pair formed two head and shoulders patterns and touched their targets! now it touched the specific area that had the potential for starting upward movement! on the other hand, it is on a descending channel and touched the top line for the fourth time! so we can...
WIF Has formed a divergence at the support zone. Soon it should go up 🔵Entry Zone 0.2939 - 0.3064 🔴SL 0.2735 🟢TP1 0.3312 🟢TP2 0.3669 🟢TP3 0.4000 🟢TP4 0.4407 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...
UNI is currently trading inside the descending triangle and we can expect some movement inside the the triangle. if the current momentum continues we can expect the upward moment and we will enter a long trade when price breaks upward. if the price breaks the support then the trade invalid. price could settle in the next support at around 4.8 Entry Price:...
Greetings, fellow traders! What are your predictions for the EURUSD trend in the coming period? Currently, EURUSD has paused its trading activities, settling at a level of 1.081. Last week was notably favorable for the bulls, with the price consistently supported and ascending from a newly established support level at 1.070. This upward movement is attributed to...
Dear fellow investors, Let's take a moment to review the gold market performance over the past week and strategize for the upcoming period together! Reflecting on the past week, the price of gold appeared to remain relatively stable, oscillating between $2022 and $2028, despite the release of significant news impacting the gold market. However, by the evening of...
Trading Strategy for XAUUSD: Today, gold prices continue to receive bullish support, briefly recovering to near $2035 as they reach the boundary of a parallel channel. The upward trend is expected to aim for higher levels around the psychological area of $2050 before a subsequent correction occurs after the metal touches the upper limit of the parallel price...
Hello EURUSD traders! Yesterday, EURUSD experienced a significant price surge, powerfully bouncing and nearly touching the 1.090 mark. However, it encountered a strong resistance level at this threshold (indicated by a circle on the chart) followed by a slight adjustment. Although it hasn't broken through the resistance with notable strength, the current uptrend...
Today, gold prices continued to fluctuate below the resistance level of $2032, finding support at $2020. The decline in global gold prices comes amid a strong rally in U.S. stocks, leading to a shift in some investments from gold to equities. This transition puts downward pressure on gold prices. Moreover, the U.S. reported fewer weekly unemployment claims than...
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....