LiLy_Happy

LiLy_Happy Updated 

Currently, there are few indicators that can provide a quick view of support and resistance levels, momentum, and trend in a single calculation while displaying data correlated with each other. The Ichimoku Cloud serves as a comprehensive chart evaluation tool because all lines and data displayed are interrelated. The Ichimoku Cloud allows you to formulate...

LiLy_Happy Updated 

Gold price continued its upward trajectory, reaching a record high of $2,3545 in the Asian trading session on Monday. However, it later retreated below the $2,335 mark as market sentiment shifted, dampening the demand for gold. Before resuming its upward trend, gold price dipped to a low of $2,305, coinciding with the 20-day Simple Moving Average (SMA) touching....

LiLy_Happy Updated 

Hello everyone. Today, EURUSD remains stable with little change compared to yesterday. This stability is widely agreed upon and may continue until the end of the day and beyond, with the Bollinger Band indicator showing movement ranging from resistance at 1.089 to support at 1.090. At the time of writing, the price is at 1.090, down 0.03% for the day, as...

LiLy_Happy Updated 

A rise in XAU/USD can be identified by the increasing price, although it may not be immediately apparent at the current rate. - Technical indicators such as the Relative Strength Index (RSI) help signal prolonged overbought conditions. In such instances, observing the chart stuck in a bullish outlook alongside the moving average for a period could aid in...

LiLy_Happy Updated 

With gold setting new record highs at $2,393/ounce in weekend trading, it's currently hovering around $2330-$2393 in early morning trading. Identifying a potential battleground between buying and selling pressure on the H4 timeframe of XAUUSD around the support level of $2300-$2393, there's a possibility of a downward correction if gold breaks below this range....

LiLy_Happy Updated 

In the dynamic landscape of global finance, the Euro stands as a cornerstone of economic integration and stability. As a seasoned financial analyst, I am compelled to unravel the intricate dynamics surrounding this resilient currency, exploring its significance and implications within the ever-evolving world of finance. The Euro, introduced in 1999, has since...

LiLy_Happy Updated 

As BTC undergoes a downward trend, it appears that wave 5 has concluded, initiating the correction wave A. Upon the completion of wave C, I anticipate BTC to stabilize around $56,303. Traders should remain vigilant as the correction unfolds, adjusting their strategies accordingly.

LiLy_Happy Updated 

Bitcoin, the trailblazing cryptocurrency, continues to redefine the landscape of finance with its revolutionary technology and decentralized ethos. Since its inception, Bitcoin has captivated the world's attention, heralding a new era of digital currency and financial sovereignty. Operating on a decentralized network powered by blockchain technology, Bitcoin...

LiLy_Happy Updated 

In the realm of global finance, the EUR remains a focal point of analysis and speculation. Recent movements in currency markets have drawn attention to the EUR's performance, prompting investors and analysts to closely monitor its fluctuations. From economic data releases to geopolitical developments, various factors contribute to shaping the EUR's trajectory...

LiLy_Happy Updated 

In the dynamic cryptocurrency sector, Bitcoin (BTC) serves as a beacon of innovation and volatility. As financial experts delve into its complexities, here are some key insights and analysis on BTC's current state: Price Volatility: BTC's value is notorious for its volatility, suggesting both the potential for significant profits and steep downside risk. Market...

LiLy_Happy Updated 

The price is currently piercing through the cloud and aiming to overcome the resistance level. I believe the price will soon retrace.

LiLy_Happy Updated 

By observing the Ichimoku indicator, traders can discern market price trends effectively. An upward trend is indicated when the price line is above the Ichimoku cloud. A downward trend is signaled when the price line is below the Ichimoku cloud. There is no clear trend when the price is within the Ichimoku cloud region. In some cases, traders may find the...

LiLy_Happy Updated 

In the overall technical picture, the short-term upward trend of the gold price will be influenced by the following technical levels: Support: $2,220 - $2,205 - $2,188 Resistance: $2,245 - $2,250

LiLy_Happy Updated 

With gold prices still on the rise, reaching the Fibonacci 0.618 retracement level of wave 5, the next expected move is an ABC correction wave. Traders should closely monitor for signs of this anticipated correction pattern in the market.

LiLy_Happy Updated 

In today's financial landscape, Bitcoin (BTC) remains a focal point for investors, attracting attention and speculation. As a seasoned financial analyst, I provide a unique perspective on the current state of the BTC market. Bitcoin's recent movements have been marked by volatility, influenced by factors such as institutional adoption, regulatory developments,...

LiLy_Happy Updated 

In the realm of financial analysis, gold stands as a cornerstone asset, attracting attention from investors seeking stability and diversification. As a seasoned financial analyst, I offer a fresh perspective on the current state of the gold market. Gold's recent performance has been characterized by a delicate balance of factors, including economic data releases,...

LiLy_Happy Updated 

Looking ahead: XAUUSD is driven by safe-haven demand amid rising tensions in the Middle East. The gold market ignores the strength of the USD and expects the US to cut interest rates and continuously conquer new records. Price volume is still increasing, new Highs have been formed so we can still expect further price increases. I still maintain strong belief in...

LiLy_Happy Updated 

Bitcoin's swift resurgence comes as no surprise, given the impressive speed observed across various timeframes where the price surged relentlessly, rendering trend lines seemingly impossible to draw. The target for price speculators this week is to surpass the resistance around the $70,800 mark to sustain the upward trend in the medium and long term. Potential...