Hello dear traders!
Overall, as Conan mentioned in the previous analysis EURUSD is mostly showing good growth prospects in all time frames, The main pair's price increase is supported by the softer Greenback.
EU is currently trading around 1.08816, higher than 1.0875 on Monday in the early hours of trading in Asia and up 0.14% on the day as measured by...
Dear traders!
Gold continues its bullish outlook, based on last Friday's previous close, with prices currently hovering around $2,436 USD.
Later on Monday, gold traders will focus on speeches by Bostic, Barr, Waller, Jefferson and Mester of the Federal Reserve (Fed), which could provide some insight into the path future monetary policy direction. A cautious...
Dear traders!
On the hourly timeframe we see a classic bullish pattern. At the time of writing the price is trading above the strong support zone of 2375 USD being protected by buyers on the bullish wave. Accordingly, the 2,400 USD mark is also an important level that Wall Street experts believe that this week's gold price could reach or exceed its all-time high....
Conan hello everyone!
Now, GBP/USD extends gains for the second straight session, trading around 1.2710 during Asian hours on Monday. A weaker US dollar supports the pair. Sterling may face a challenge as the BoE is expected to cut interest rates by 60 basis points in 2024.
With the current uptrend remaining stable and the EMA 34.89 showing no signs of reversal,...
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The gold price (XAU/USD) surged to a new high of nearly $2,441 during Monday's Asian session due to expectations of interest rate cuts by the US Federal Reserve and escalating tensions in the Middle East. Both Russia and Ukraine engaged in attacks against each other over the weekend, further boosting...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/20 - 5/24/2024
🔥 World situation:
Speculation about the Federal Reserve potentially lowering rates in 2024 resurfaced, but Fed officials remain cautious and emphasize that one positive inflation reading is not sufficient. Market expectations for a rate cut decreased slightly, according to...
Dear traders!
On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
Hello dear friends! Let's explore the price action of gold after the recent days of major fluctuations!
Regarding developments and results last week: the international gold market received a lot of economic information from major economies such as the US, China, and Europe. In particular, the US announced producer price index data. (PPI) and consumer price index...
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
Hello traders.
Today, gold closed the weekend trading session at 2,415 USD, up 37 USD compared to the previous day's opening price of 2,378 USD. Do you wonder why gold is increasing so strongly?
After yesterday's news the combination of high inflation, massive debt issuance and rapid money printing by central banks is pushing market participants into precious...
Hello everyone, Brian here!
After a sharp rise on Wednesday, the EUR/USD pair struggled to maintain its momentum and modestly closed lower on Thursday. By Friday, the pair stabilized around the 1.0850 mark and began the new week showing some recovery, hovering around 1.088.
On the 4-hour chart, EUR/USD continues to display encouraging signs for buyers. The price...
Hey everyone! If you find this analysis valuable, please consider giving it a thumbs up and following for more content.
BONK is forming a potential inverse head and shoulders pattern. A confirmed breakout above the neckline could signal a significant price increase.
Here's what to watch for:
Breakout Confirmation: A candle close above the neckline strengthens...
Balaji Amines , a leading manufacturer of specialty chemicals, is showing promising signs for a potential swing trade.
Reasons are listed below:
Crucial Support Zone (1850-2000) : The 1850-2000 range has proven to be a strong support zone, indicating significant buying interest and potential for a price rebound.
0.618 Fibonacci Support : The price has found...
Bitcoin is the cleanest uptrend of my watchlist right now. I'm looking to buy any weakness to $65,000. Daily RSI Crossover indicates we could be at the start of another bullish "cycle" providing a good risk reward opportunity. I'm preparing to execute aggressively if conditions require.
Daily closes below $65,000 or sustained movement below $63,000 would...
Maharashtra Seamless , a leading manufacturer of seamless pipes in India, is showing technical patterns that suggest a potential swing trading opportunity.
Reasons are listed below :
Support at 800 Level : The 800 level has proven to be a strong support zone, indicating significant buying interest at this price point.
0.382 Fibonacci Level Support : The price...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this THETA/USDT Trade setup!
THETA looks good here. Breaks out from the descending channel in a 4-hour time frame and is currently, trying to retest it. Long some here and add more in the dip.
Possible Entry & Targets:
Entry: $2.20-$2.25...
A NYSE:PLTR s a software company PLTR seems to be doing great and the past earnings weren't the exception. Even when price is down because of a less than prior quarter growth rate in commercial revenue, fundamentals seems solid with the only issue being a very high P/E ratio.
From a technical perspective, the price is resting on a strong support zone and held...
