BTC NEW daily Time frame update. BTC seems to enter a new green time frame trend for the low time frame. This time frame expects shows for the low time frame green view for BTCUSD. This is not a long-term view but a low-time frame daily view which could change when the trend gains a new range. BTCUSDT changes with time frames UP and DOWN the key is to be...
Gold is gradually recovering, maintaining stable gains throughout the morning session of European trading on Thursday, nearing the $2,330 threshold. Prices are expected to test the 0.5-0.618 Fibonacci area. However, traders may prefer to wait for further signals regarding the Federal Reserve's interest rate reduction trajectory before betting on a positive direction.
EUR/USD responded to new demand and rose to 1.0750 in the European trading session on Thursday. From a technical perspective, a positive signal is emerging as EUR/USD may be forming aa cup and handle. In this scenario, the expectation is for the price to continue rising to the first resistance level at 1.0727, followed by the psychological milestone of 1.0885.
In Wednesday's European trading session, EUR/USD hovered around the 1.0700 level. Positive sentiment from Germany's optimistic IFO data helped the Euro maintain its stronghold in the market. Looking at it from a technical perspective on the 1-hour chart, there are indications of a downward movement in price. However, the upward trend remains robust. It's possible...
AUD/CHF has made a significant move, smashing through a crucial daily horizontal resistance level. What's intriguing is how this broken barrier has now transformed into a sturdy support zone. This shift in dynamics suggests a potential green light for further upward momentum in the market. Picture it like this: the bulls have bulldozed through a major obstacle,...
In the world of trading, liquidity refers to the ease with which an asset can be bought or sold without significantly affecting its price. When a particular price level is tested multiple times, it indicates that there's a significant amount of buying and selling interest at that level. This creates what we call a liquidity zone - a sort of hotspot for trading...
GBP/JPY Analysis Hits the Mark, But a Few Pips Remain: Exciting News to Share! Hey Traders! 📈🔍 Our analysis on GBP/JPY has been spot-on, leading us to some impressive gains. 🎯💰 However, there's still some potential left on the table - a few pips that could make all the difference. 🚀💼 It's an exciting time to be in the market, and I couldn't wait to share this...
USD/JPY is currently at its highest level in decades, at 155.00. This has traders concerned about the risks of Japan's intervention in the forex market. The strong recovery of the US dollar (USD) is also driving the USD/JPY higher. From a technical perspective, the market is stable but showing signs of correction. Prices are expected to retreat to the 0.5-0.618...
"Exciting Update: Our AUD/CHF Analysis Nails It! Team, I'm thrilled to announce that our AUD/CHF analysis has hit its target spot-on! 🎯✨ The market responded just as we predicted, bringing us closer to achieving our goals. This success is a testament to our meticulous analysis and strategic approach. It's moments like these that highlight the power of our...
🚀 Success Alert! NZDJPY Analysis Hits Target! 🎯 Exciting news, traders! Our NZDJPY analysis has hit its target successfully! 📈✨ Our buy position at 90.900 has seen fantastic progress, with the market reaching and surpassing the target at 91.600. It's a testament to the strength of our analysis and the opportunities it presents. But the journey isn't over yet!...
USD/JPY is currently at multi-decade highs, closing at 155.00. Traders are exercising caution due to increased risks stemming from Japan's forex intervention. The recovery of the US dollar (USD) is bolstering the upward momentum of USD/JPY. From a technical standpoint, the pair is trading above the Simple Moving Averages (SMA), indicating a stable uptrend....
USD/JPY is witnessing multi-decade high prices, closing at 155.00. Traders are becoming cautious amidst increasing risks due to Japan's forex intervention. The recovery of the US dollar (USD) is bolstering the rise of USD/JPY. From a technical perspective, this currency pair is trading above the Simple Moving Averages (SMA), indicating stability in the upward...
The price of gold is hovering around the $2,300 mark. The reduction in geopolitical tensions, coupled with an increase in USD purchases, has influenced the volatility of gold prices. From a technical perspective, although there are signs of adjustment in gold prices, the Simple Moving Average (SMA) 20 is pointing downwards, indicating a potential slight increase...
Gold continues to decline despite the decrease in US Treasury bond yields and a weaker US dollar. XAUUSD faces challenges in capitalizing on the weaker-than-expected global PMI announced by S&P, fueling speculation about the Fed's potential interest rate cuts. From a technical standpoint, it seems that gold will persist in its downward trend. On the 4-hour chart,...
The price of gold experienced a modest decline towards the end of Tuesday's trading session in the U.S. after reaching a high of 2,334 USD. During the Asian trading session the following day, XAUUSD continued to drop to 2,323 USD, marking a decrease of 0.11%. Despite the weakening of the U.S. dollar following the release of weaker-than-expected U.S. PMI data, gold...
The EUR/USD market is stabilizing around the 1.0700 level after a positive day on Tuesday. However, PMI data from the US dampened the value of the US dollar that day, pushing up the EUR/USD price. At the beginning of Wednesday, the market showed more caution and supported the USD, posing challenges to the rise of EUR/USD. However, despite the market's caution,...
In the European trading session on Wednesday, the EUR/USD pair continued to close steadily around the 1.0700 level. Positive sentiment from Germany's IFO psychological data helped stabilize the Euro. On the 4-hour chart, despite recent price declines, the Simple Moving Average SMA 20 remains above the SMA 50 after completing a bullish crossover on Tuesday....