Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
Hi everyone, PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A...
Hey Traders, in the coming week we are monitoring NASDAQ for a selling opportunity around 18300 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 18300 support and resistance area. We would also like to consider the current bullish bias on DXY due to the negative correlation that may put extra...
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.60200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60200 support and resistance area. Trade safe, Joe.
Hello Fellow XRPUSDT Traders, A Surprising Turn for XRPUSDT: Yesterday, we delved into the upward movement of XRPUSDT on the 4-hour chart. However, the market took us by surprise as XRP broke down unexpectedly from its support level and ascending trendline. This shift has painted a rather bearish picture for XRP in the short-term outlook. XRPUSDT's Current...
Hello everyone, let's summarize and come up with a strategy for today! Today, BTCUSDT is fluctuating around $70,218 after pulling back from its two-month high of $71,565 earlier this week. The recovery of BTCUSDT is supported by a breakout from its previous downtrend channel and an escape from the previous sideways trend. At the same time, the current momentum...
Hello everyone, we start a new day with new opportunities. Today, let's analyze and devise a strategy for BTCUSD, the market leading cryptocurrency. BTCUSD continues to maintain in its strong bullish channel. Despite some headwinds in maintaining its upward momentum after hitting a new high at $71,750, it is currently at $69,538, up a slight 0.17% on the day. In...
Hello everyone, let's discuss and strategize today! In general, gold continues to move sideways in the 2185-2150 range, without too many significant fluctuations. It is currently trading around the $2,170 mark, marking a 0.05% decline on the day. Amid strengthening dollar index, pressure from 2185-2180 resistance appears on gold. XAUUSD set a new peak last week...
Hello everyone, let's discuss and strategize with me today! Overall, GBPUSD fell exactly as I predicted. Accordingly, it remains confined below the 1.2650 resistance level, the pair is currently trading at 1.2614, after hitting 1.2637 marking a 0.21% decline on the day. Meanwhile, it is worth noting that: The US economic calendar will not provide any data...
Hi everybody. Let's discuss and strategize for the new day! Overall, USDJPY is opening up a huge liquidity zone from the 149.00 mark. It is currently trading in a range around 151.85-150.98, after hitting 151.87, highlighting a 0.04% decline on the day. USD/JPY extended its consolidation period below 151.50 during the Asian session on Tuesday. Fears that...
Hello dear friends, Let's discuss and plan our strategy for the new day together! In general, XAUUSD is facing difficulties in surpassing the resistance level of $2222. However, it remains stable within the ascending channel. Moreover, upon careful observation, we can see that a cup handle is gradually forming. Based on these factors, my expectation is for a...
Dear friends, USDJPY continues to regain some momentum as it recovers the 152.00 level, but the overall and long-term trend remains upwards. In the short term, UJ may still face pressure from the modest retreat of the USD. Meanwhile, investors are still awaiting news that could have a significant impact on the market. Specifically, the US economic report on...
Hello dear friends, nice to meet you again, let's discuss and strategize to specifically evaluate today's trends with me! Looking ahead to news impact on gold: In the medium term, Gold could be significantly impacted by the USD rebound. Meanwhile, Gold continues to trade in an expanding upward trend. Specifically, the short-term trend is to increase and the...
Hello dear friends! XAUUSD continues its uptrend, currently at $2189, marking a loss of nearly 0.24% on the day. Overall, XAUUSD is having difficulty approaching the $2200 resistance level, in line with our prediction yesterday. Looking ahead: One of the factors driving gold prices today is that the market increasingly expects the US to reduce interest rates by...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About SPELL (Update) Complete Our Target Successfully⚡️ Moving Exactly As We Expected & Running In +70% Profit So Far ✅
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About MKR (Update) Moving Exactly As We Expected & Running In +20% Profit So Far⚡️ Still Bullish & Moving Towards The Target✍️
Hi everyone, In my previous analyses, I anticipated a potential price drop that could form a double bottom pattern if GameStop earnings weren't great. Recently, GameStop's stock failed to surpass a crucial weekly indicator, leading to a sharp decline. Moving forward, if the stock rebounds, I'll be monitoring its response to the first resistance level; breaching...
Are you ready to seize the potential gains in the XAUUSD market? Dive into this comprehensive analysis for a detailed insight into the next big move. I have identified a prime opportunity for traders looking to capitalize on the fluctuations in the XAUUSD pair. Analysis: Entry: 2223 Take Profit: 2210 Stop Loss: 2230 My analysis indicates a compelling setup for a...