Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
ETH correction stopped at 0.5 Fibonacci retracement zone. The bullish trend is expected to continue and reach Fibonacci 1 level.
Gold prices adjusted slightly downward as the USD appreciated thanks to a change in market expectations about the Fed's interest rates. During the March 19 session, gold prices fell to $2,150 as the US dollar continued to increase in price ahead of the Fed's FOMC meeting. The precious metal's nearest support is at the December 4 peak around $2,145. If this...
Bar D1 was a bullish pinbar model yesterday, showing that buying pressure pushed up from below for D1 gold, promptly preventing a breakdown from the Inside bar model, which could cause D1 gold to fall further. Because the Inside bar has not broken yet, the cumulative price compression state is still happening for D1 gold. The main chart structure of gold D1 is...
The yen weakened sharply after the BOJ`s first hobby charge hike in 17 years, with USD/JPY hovering toward 150. BOJ improved hobby fees with the aid of using 0.1%, bringing hobby fees to the impartial area after almost a decade of keeping bad hobby fees. The financial institution additionally signaled an cease to its yield curve manage and asset buy...
The formation of the cup and handle is seen to target the 1.61 fib along with the extension of the cup. It's a small MC so be careful with your stakes. He successfully retested the last breakthrough. Higher prices can be expected, even doubling the amount. Feel free to like and comment.
Hey Everyone, And another repeat of yesterday with our levels being respected to perfection. We had another drop into the retracement range and once again, as stated for the perfect bounce into 2155 Goldturn and now once again heading towards 2166 Goldturn gap. We just need to keep in mind a failure to break into the 2166 level will likely see the 2147...
Gold is under pressure as investors wait for the Fed interest rate meeting Gold recovered slightly as the USD slowed down and investors prepared for the Fed meeting on Thursday. During the March 18 session, gold fell sharply from $2,159 to $2,146 when the USD was supported by the increase in US government bond yields before turning up and ending the day around...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . USDJPY long ! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
EURAUD broke and closed above a resistance line of a horizontal range on a 4H time frame. It is a strong bullish signal that follows after a breakout of a key horizontal resistance. Growth is expected at least to 1.6697 now. ❤️Please, support my work with like, thank you!❤️
Gold had its second consecutive decline after Friday. Friday's down D1 bar created a bearish pinbar pattern, with a long upper shadow and a close near the bottom, showing selling pressure pushing down from above. Deeper price compression took place when Friday's D1 bar fell inside the previous D1 bar, also inside the overall Inside bar model to create a double...
Let's delve into the GBP/CAD currency pair as we approach the end of the night. 🌙 On the four-hour timeframe, after a robust uptrend and a test of the daily resistance line at 1.73398, we experienced a rejection, signaling a corrective phase. 📉 Moreover, within this timeframe, we observe a four-hour trend that broke down after the correction. Upon the activation...
"Bitcoin has depreciated by -12.37% since its peak on Thursday, March 14th, at 73.7K. BTC/USDT has fallen to the support level of 64.3K (25-period daily exponential moving average). From that level, buyers have defended the cryptocurrency against further declines, and it has recovered to the 69K level. At the time of writing this article, the flagship...
◳◱ On the $THETA/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00005259 | 0.00005928 | 0.00007199 and support near 0.00003988 | 0.00003386 | 0.00002115. Entering trades at 0.00004774 could be strategic, aiming for the next resistance level. ◰◲ ...
MATIC broke through the support level and the ascending trendline. Decline to support level at $0.91 is expected to happen.
Gold comes under pressure as the week of major central bank meetings begins Gold extended its decline from last week's economic data, with focus shifting to this week's Fed meeting World gold prices had a volatile week when US economic data was stronger than estimates. The precious metal plummeted from $2,179 to $2,152 on a higher-than-expected CPI report,...
We already discussed last week that AUDCHF looks very bullish. I see one more strong bullish confirmation on a 4H time frame today. After a test of an intraday support, the price broke and closed above a resistance line of a falling wedge pattern. The pair may keep growing today. First goal - 0.58237 ❤️Please, support my work with like, thank you!❤️
Most Asian currencies traded slim on Monday, even as the greenback steadied close to a two-week excessive as cognizance became to a sequence of vital financial institution meetings, mainly are the Bank of Japan and the Federal Reserve. Strong US inflation readings from final week left investors cautious of any tightening stance from the Fed, even as wonderful...