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USD/JPY: Which trend is dominating?Hello, I’m Alisa. Today, let's analyze the movements of the USD/JPY pair together! Although the USD/JPY pair is maintaining stability around the 143.91 level, pressure on this pair may increase due to rising expectations that the Fed will implement a significant interest rate cut in November, combined with the Bank of Japan (BoJ) continuing to delay raising rates. From a technical chart analysis, the USD/JPY pair remains within a downward price channel. The price could drop to the support level of 143.190, and while there might be a slight rise, the price is likely to quickly adjust downward again upon facing resistance at 143.958. This is my analysis, what’s your opinion?
by Alisa_Rokosz
Weakening of the USD: Will EUR/USD continue its uptrend?Hello everyone, Alisa here! Today, let’s analyze the EUR/USD currency pair together! The weakening of the Greenback, amidst growing speculation about a significant rate cut by the U.S. Federal Reserve (Fed) in November, has strongly supported the EUR/USD pair, pushing it up to 1.1193. Looking at the technical chart, we can see that both the EMA 34 and EMA 89 have experienced a crossover, which is a positive sign that the uptrend may continue. Additionally, with support at 1.115, this pair could break through the resistance at 1.119 and continue to rise. However, if it fails to break this resistance level, the price may reverse back to the nearest support level. This is my opinion, what about you? Do you think this pair will rise or fall?
by Alisa_Rokosz
EMAs Support Bullish MomentumEUR/USD is showing signs of recovery, with the price trading near the resistance at 1.1200. The 34 EMA and 89 EMA have both undergone a crossover phase, which is usually a positive signal, suggesting that the bullish momentum could continue. The current chart shows the pair breaking out from lower levels, heading towards the resistance levels above. Based on the current EUR/USD chart and the bounce from recent support levels, the prediction is that the pair could continue to rise in the short term. The crossover of the 34 EMA and 89 EMA, coupled with the price currently testing the resistance zone around 1.1200, suggests that the bullish momentum could continue. If the price successfully breaks above 1.1200, the next target could be the 1.1250 area.
by Alexander_FXTrading
GBPUSD: Overbought RSI, key resistance test buyersGBPUSD bulls are pausing at their highest level since February 2020, marking six days of gains despite a slow market atmosphere. That said, the Pound Sterling is facing a liquidity squeeze as we approach key data and events this week, which could impact its upward momentum at these multi-month highs. Pullback appears imminent but bulls can keep the reins Apart from the market’s anxiety ahead of this week’s key catalysts, the overbought RSI (14) line and a 10-week-old ascending resistance line, close to 1.3430 at the latest, suggest consolidation in the GBPUSD prices. Important technical levels A pullback in GBPUSD seems likely, with key short-term support levels at the 61.8% and 50.0% Fibonacci extensions of the quote’s August-September moves, respectively near 1.3375 and 1.3300. However, the previous monthly high near 1.3265 and the 21-SMA at 1.3190 are important, as they align with the bottom of a bearish wedge pattern near 1.3140, which could act as a final defense for buyers. On the flip side, for buyers to regain control, they need to break through the 1.3440 resistance. If they succeed, GBPUSD could target the February 2022 peak of around 1.3645 and the 2022 high of 1.3748. A sustained move above 1.3750 could even lead to a challenge of the psychological level at 1.4000. All eyes on US data/events Technical indicators for GBPUSD suggest a pullback may be on the horizon, even as recent U.S. factors favor ongoing Federal Reserve rate cuts throughout 2024. Therefore, key insights from Fed Chairman Jerome Powell’s speech on Thursday and the U.S. Core PCE Price Index— the Fed’s preferred measure of inflation—on Friday will be vital for determining the market's direction.
by MTradingGlobal
Gold prices are skyrocketing: will they break a new peak?Gold prices are skyrocketing; will they hit the $2,700/ounce mark? Hello everyone, Alisa here! How are gold prices doing this Wednesday? Let’s explore together! Today, global gold prices continue to soar, reaching a new peak of $2,662/ounce. The continuous rise of this precious metal is driven by expectations that central banks will continue cutting interest rates, along with escalating geopolitical tensions in the Middle East. Looking at the chart, the price remains in an upward channel. With support at $2,555 and the EMA 34 and 89 lines holding steady, this further strengthens the bullish trend for gold. I believe gold could surpass $2,700/ounce as early as the end of this week, if tensions in the Middle East continue to escalate and more news about interest rate cuts emerges. Do you agree with me?
OANDA:XAUUSD
by Alisa_Rokosz
Catching the Uptrend Amid Expectations of Interest Rate CutsIn the context of the global economy witnessing major adjustments from central banks, gold prices continued to experience a spectacular week of price increases, reaching a new record high. The main reasons were the weak dollar and the continuous decline in US Treasury bond yields, combined with the tense geopolitical situation between Israel and Hezbollah. At the end of the trading session on September 23 at Kitco, gold recorded a price of 2,625.00 USD/ounce, slightly up 3.60 USD. The market is waiting for new signals from the US Federal Reserve (Fed) this week, especially the upcoming speech of Chairman Jerome Powell, along with the announcement of PCE price index data, an inflation measure that the Fed is particularly interested in. Technical analysis from the current chart shows that gold is trading right at a key resistance level, with a strong upside momentum supported by the 34 EMA and 89 EMA, which are acting as key support levels. Given the current economic and geopolitical factors, gold could continue its upward momentum if the upcoming monetary policy meetings of the Fed and other central banks yield further monetary easing decisions. Further rate cuts could further strengthen the buying interest in gold as a safe-haven asset. If gold breaks the current resistance level, the next target could be around $2,700/oz. In case the price falls below the supporting EMAs, one needs to keep a close eye on the support level at $2,560/oz, which could provide an ideal entry point for long positions.
OANDA:XAUUSD
by Alexander_FXTrading
XAU/USD: Breakout or Upcoming Correction?XAU/USD is climbing strongly, supported by two solid "fortresses" of EMA 34 and EMA 89, as buyers proceed cautiously after reaching a new peak amid mild overbought conditions. The biggest challenge now is the resistance at $2632 – if breached, the bullish momentum could accelerate further, unlocking the potential to reach new highs. The “winds” from upcoming economic data from the FED and key news from the US and Europe will be the “key” to determining the next direction. Traders should be ready to seize opportunities: buy on the breakout or consider selling if the price pulls back for a correction!
OANDA:XAUUSDLong
by Romio_pro
Will Bitcoin break through to $68,000?Hello everyone, I'm Alisa. Let's analyze the movement of BTCUSDT together today! Bitcoin is continuing its impressive upward momentum, currently hovering around $63,550 and is expected to soon reach $65,000. This demonstrates growing investor interest, the increasing acceptance of Bitcoin as a store of value, and the strong development of decentralized finance (DeFi) applications. On the technical chart, the $64,323 resistance level poses a significant challenge to Bitcoin's upward trend. If Bitcoin can decisively break through this resistance, it will confirm the current bullish trend and open the door for the price to move towards the $68,315 target. What about you? What are your predictions and strategies for BTCUSDT’s next moves? Share your thoughts!
by Alisa_Rokosz
BoJ Delays Rate Hike, Japanese Yen Faces Downward PressureHow's everyone's Tuesday going? Today, let's join Alisa in predicting how the USD/JPY pair is moving. The Japanese Yen is facing significant downward pressure, primarily due to market concerns that the Bank of Japan (BoJ) is not in a hurry to raise interest rates. Additionally, although the Yen remains more stable against the USD, expectations of the Fed cutting interest rates are also contributing to the Yen's weakness. According to the technical chart, if the price fails to break through the resistance level of 144.290 USD/JPY, it is likely to correct down to the support zone at 143.290 USD/JPY. Traders should be cautious and set appropriate stop-loss orders to mitigate risk. These are Alisa’s thoughts. Do you agree with me?
by Alisa_Rokosz
Historic Turning Point: Gold Takes New HighGold has continued to rally, hitting new highs on the back of the Fed’s rate cut, which has weakened the US dollar and lowered bond yields. Gold is currently trading at $2,625.00, up slightly by 0.14%. Markets are expecting another rate cut by the Fed later this year, which continues to support gold prices. Technically, gold is currently above both the 34-EMA and 89-EMA, indicating a clear bullish bias. Traders should keep an eye on the next resistance level at $2,630. A successful break above this level could pave the way for further gains. However, if a correction occurs, the key support level to watch is $2,590. A pullback could be an opportunity for investors to buy, especially if the fundamentals remain bullish.
OANDA:XAUUSD
by Alexander_FXTrading
Disappointing PMI Data: EUR/USD Loses Upward MomentumHello everyone, it's Alisa here. Today, let's explore how the EUR/USD currency pair is fluctuating! The EUR/USD pair has ended its upward momentum, continuing to decline today. This drop occurred after the release of PMI data, which showed that economic activity in the Eurozone is slowing down, while the U.S. data was only slightly better. On the 1-hour chart, the pair might gain upward momentum from the support level at 1.109. However, it is likely to soon reverse due to resistance around 1.113, along with confirmation of a reversal by the EMA 34 and 89. Therefore, the downtrend could continue. That’s Alisa’s analysis. What about you? What do you think?
by Alisa_Rokosz
Surprise: Gold "Ignores" USD, Sets New RecordHello, it's Alisa again! How is everyone's Tuesday going? Today, let's explore the current gold price situation together! Despite the USD index trending upwards, the gold market is still impressively rising. The main reason stems from investors' optimistic sentiment following the Fed's decision to ease monetary policy. Additionally, escalating geopolitical tensions have made gold an attractive safe-haven asset. Looking at the technical chart, the EMA 34 and 89 lines are running steadily, with no signs of reversal. With support at 2,579, gold is expected to bounce and break through the resistance at 2,625 to continue its upward trend. What about you? How do you think the gold price will change? Comment and let Alisa know!
OANDA:XAUUSD
by Alisa_Rokosz
Geopolitical instability: Gold continues to maintain strong growA new week has begun! Let's join Alisa in analyzing the information related to gold prices today. In the past few days, following the U.S. Federal Reserve's (Fed) interest rate cut, global gold prices have continuously set new records. Furthermore, supported by the weakening U.S. dollar and escalating geopolitical tensions in the Middle East, gold has maintained its upward trend. Looking at the chart, Alisa sees that the EMA 34 and 89 lines are running steadily, and the price remains within the price channel with signs of further increase. With this trend, even if the price drops, I believe that with support at 2,586, gold will bounce back. Although the precious metal remains in a strong uptrend, investors should carefully monitor profit-taking signals and short-term reversals to prepare in a timely manner.
OANDA:XAUUSD
by Alisa_Rokosz
1
USD/JPY: The Battle Between Resistance and SupportUSD/JPY is "battling" around the 143.695 level, with a significant "challenge" at 144.435 and a key "support" at 142.053. The EMA 34 and EMA 89 are acting as "shields" for the current trend. The RSI indicator at 58.71 suggests a balanced market, but a major move could be on the horizon. If the resistance at 144.435 isn't broken, USD/JPY could reverse and pull back towards 142.053. In terms of news: The Japanese Yen has depreciated, possibly due to weak trading conditions during Monday's holiday. BoJ Governor Ueda stated that the central bank will continue adjusting the degree of monetary easing as needed.
by Romio_pro
XAU/USD: Breakout or Pullback at Resistance?XAU/USD is "climbing" strongly, currently holding steady at $2622.235, shielded by two "barriers" of support from EMA 34 ($2585.142) and EMA 89 ($2558.524). If a pullback occurs, the $2579.829 zone will be a key "anchor." But don't overlook the resistance at $2655.663 – if this level is breached, it opens up new growth potential. Of course, "winds" from the FED and economic news could quickly shift the landscape. Be ready: Buy on a breakout or sell if the price retraces back to support!
OANDA:XAUUSDLong
by Romio_pro
2
GBPJPY SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGBPJPYSHOWING A GOOD UP MOVE WITH 1: 7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Long
by tradergyan01
1
copper next movecopper can make small correction for fill FVG on down side for make uptrend 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
MCX:COPPER1!
by TRADING_MASTER_DAVIS
USD/JPY Braces for a Major Turnaround from the FedUSD/JPY is in a tense phase as it trades at 142.48, close to the key descending resistance line. After failing to break through the 143.569 resistance level, the pair is sliding down, like a car rolling downhill, aiming for 141.269. But is this the final stop? If USD/JPY cannot hold at 141.269, we might witness a further drop, potentially sliding down to the deeper support level at 139.786. With the market heating up ahead of the Fed meeting, uncertainty is on the rise. Traders are holding their breath — will the upcoming Fed meeting provide a push to lift this pair, or will it intensify the downward trend? Get ready for some potential market "shocks"!
Short
by Romio_pro
EURUSD: Will the price rise or fall today?Hello everyone, today let’s reflect on the movements of EURUSD together with Alisa! Thanks to the weakening US dollar, EURUSD has seen an increase. However, with recent market fluctuations, investors need to be more cautious about the signals that might impact this currency pair. When observing the chart, EURUSD’s trend is still on the rise. Although there is a slight decline near the peak at 1.115, this shouldn't be an issue. If support is found around 1.112, the pair could resume its upward momentum and possibly break through the target level of 1.120. That’s Alisa’s perspective! Do you agree with me?
by Alisa_Rokosz
Gold "explodes," setting a new historical peak!Hello everyone! It’s me again, Alisa. Let’s dive into today’s gold prices together! Just as I predicted yesterday, gold has surpassed the $2,600 mark, setting a new historical high. This precious metal has surged over $35/ounce compared to the previous session’s close, equating to a 1.37% increase. Tensions in the Middle East and investors’ bets that the Fed will continue lowering interest rates have fueled this rise in gold prices. Looking at the chart, we can see the gold price channel is sloping upwards at a significant angle, indicating that the upward momentum remains strong. With support hovering around $2,577 and stability in the EMA 34 and 89 lines, gold is likely to continue climbing. And you, what are your thoughts on XAU/USD today?
OANDA:XAUUSD
by Alisa_Rokosz
2
EUR/USD: Breakout or Pullback Amid Volatility?EUR/USD is "hovering" around 1.11636, with a significant "barrier" at 1.11826 and a key "support" at 1.11034. The widening Bollinger Bands signal that a wave of volatility could strike at any moment. RSI is at 59.09, indicating strong buying pressure, but still has room before entering overbought territory. If EUR/USD breaks past 1.11826, it could continue its upward surge, but failure to do so might lead to a pullback towards 1.11034. The "winds" of inflation data and interest rates from the Eurozone and the US will shape the next move!
by Romio_pro