Take a look at our analysis for US500. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5039.2. Considering the today's price action, probabilities will be high to see a movement to 5120.2. P.S We determine oversold/overbought condition with RSI...
In the dynamic world of forex trading, every fluctuation in currency pairs tells a story. The EUR/USD pair, a perennial favorite among traders, often serves as a barometer for global economic sentiment. In recent sessions, its movements have captured attention, offering insights into market expectations and reactions to key events. Yesterday, during the American...
As the new trading week kicks off, the EUR/USD pair finds itself in a sideways movement, hovering around the 1.0660 mark. Last week, market participants witnessed a potential bullish momentum, sparked by several technical signals indicating a shift in sentiment. One notable signal was the recognition of a bullish impulse originating from the 78.6% Fibonacci...
The world gold price just went through a bad session when it dropped to 68 USD/ounce after just one trading session. Investors sold off massively, causing the precious metal to quickly fall to close to $2,300 per ounce. Investors witnessed the largest single-day drop in more than three years. Gold futures price dropped sharply by 65.6 USD/ounce (equivalent to...
📌 GBP/USD has bounced back and is trading around 1.2470 after UK CPI data beat market expectations. 📌 Inflation in the UK has now fallen to 3.2% in March, lower than the previous month's 3.4% but higher than market expectations of 3.1%. After the CPI data was released, the British Pound regained its upward momentum as rising inflation may affect the BoE's plan to...
Gold prices stabilized after hitting a more than two-week low as concerns about escalating tensions in the Middle East subsided, while investors await key economic data to further clarify the timing of interest cuts. US capacity. Markets are also paying attention to signals from the United States, with US inflation data and a Federal Reserve statement suggesting...
World gold spot rate is round 2,318.eight USD/ounce, down 1.2 USD/ounce in comparison to overnight. Gold futures rate in June 2024 at the Comex New York ground is at 2,330.2 USD/ounce. At 8:00 p.m. on April 24 (Vietnam time), today's spot gold price on the world market is at 2,320 USD/ounce. Gold for delivery in June 2024 on the Comex New York floor is at 2,334...
GBPCAD is trading in a long-term bearish trend. After the last bearish wave, we see a correctional movement on a daily. The price reached a key horizontal resistance cluster. After the test of the underlined blue area, the pair started to consolidate on a 4H time frame and then it broke a support line of a rising wedge pattern. It may indicate that the market...
✅CHF_JPY is going up now But a strong resistance level is ahead at 171.69 Thus I am expecting a pullback And a move down towards the target at 169.58 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-USD went up and Has reached a horizontal Resistance of 1.255 so I am locally bearish biased And I will be expecting A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 26 April 2024 BUY LIMIT Order: $2320.27 Stop Loss: $2304.78 Take Profit 1: $2335.51 Take Profit 2: $2355.78 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
From the Fib. development we could see something like that in the future. We sure did have confirmation on the 4th wave, so, the question is, where does the 5th wave end, and how long it will take to get there. Below you can see the development at key moments. Re-Cyle Reset 2019 W-Shape Bottom 2020 Halving 2020 Playground 2020/21 Bullrun 2020/21 confirmed
✅AUD_NZD is trading in an Uptrend and the pair broke The key horizontal level Of 1.095 so we are bullish Biased and we will be Expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
BUY ABOVE - 48630 SL - 48500 TARGETS - 48800,48930,49050 SELL BELOW - 48400 SL - 48500 TARGETS - 48310,48220,48120 NO TRADE ZONE - 48400 to 48630 Previous Day High - 48630 Previous Day Low - 47730 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22620 SL - 22570 TARGETS - 22670,22720,22770 SELL BELOW - 22510 SL - 22570 TARGETS - 22510,22430,22390 NO TRADE ZONE - 22510 to 22620 Previous Day High - 22620 Previous Day Low - 22320 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
ANF has had an amazing run as I had expected it would back when I first published the trade. Of course, I had no idea it would have performed in such a manner. However, the time has come for at least a correction if not more. Wait for a crack in the recent uptrend and take your profits. Bulls and bears make money pigs get slaughtered! CAUTION!
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 194.29 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 193.13 Recommended Stop Loss - 195.01 About Used...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2340.9 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2369.0 My Stop Loss - 2325.2 About Used Indicators: On the...