USD/JPY edged lower on Wednesday, slipping back to the 153.00 level after a broad-based decline in the US Dollar (USD) shed weight against all of its major peers. The Japanese Yen (JPY) is also looking to ease selling pressure in the broad market, recovering ground as the Greenback declines. US Consumer Price Index (CPI) inflation eased slightly on Wednesday,...
The GBP/USD pair continued to rise near 1.2688 on Thursday during the early Asian session. The major pair's rally was supported by a weaker greenback following the release of softer US CPI inflation data. The outlook continues to be bullish as the pair successfully breaks resistance at 1.263 and makes this the expected new support level after a mild trend correction.
EUR/USD rose on Wednesday, one of the pair's best days of 2024, climbing to 1.0900 and on pace for a fourth straight weekly gain. Broad market selling pressure weighs on the US Dollar after risk appetite soars to the fore after US CPI inflation fell more than investors expected giving EURUSD the edge continue to increase.
Technical Analysis - Potential Cup and Handle Formation Timeframe: 1 Hour Pattern: Cup and Handle (developing) Buy Zone: 72400 - 72500 Target Zones: 72800, 73000, 73200 Rationale: The chart appears to be forming a cup and handle pattern. The cup is a U-shaped price movement that indicates a period of consolidation after a price increase. The handle is a...
LSK/USDT Chart Analysis LSK/USDT is forming a Bull Flag pattern with a breakout and retest already completed. Based on the chart pattern, a significant move is anticipated from here. Entry: $1.93 - $1.80 Targets: $2.00 $2.32 $2.75 $3.25 $5.00 Stop-Loss: $1.75 (and a strong stop loss below the red line) - Ensure proper risk management at all times. - Happy trading!
✅GBP_USD has broken the threshold Resistance is falling and breaking through It's been confirmed so I'm lost Quan Trends and I will look forward One step further LONG 🚀
✅EUR_USD created one Nice bullish breakout from the threshold resistance Decrease and Breakout confirmed So we are currently bullish and we will look forward one step further LONG 🚀
Hello everyone, let's learn about gold prices today. At the end of the trading session on May 15, gold increased by 27 USD, reaching 2,385 USD. During the trading session, at one point the gold price reached $2,390, the highest level in nearly a month. The USD index yesterday fell 0.6%, to its lowest level in more than a month. The depreciation of the USD has...
BankNifty also has the same sentiment. The market may start with a gap-up. After that, if it breaks or consolidates around the immediate resistance zone, then it may continue the rally and could reach a minimum of the minor swing high to 48424. Alternatively, if the market rejects sharply around the immediate resistance zone, initially we can expect a 23 to 38%...
Good morning, friends! 🌺🍬 Here are the directions for May 16th: The global market is indicating a bullish sentiment based on the Dow Jones, while our local market sentiment suggests a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing an increase of +120 points. Nifty minorly retraced after the gap-up start in the...
Chainlink at the Forefront as US Inflation Data Sparks Market Confidence The Consumer Price Index (CPI) data stood at 3.4% indicating a slight decrease in the Inflation rate. The drop in the inflation rate has cast a favorable light on the broader market, resulting in noticeable price enhancements across Bitcoin and various altcoins including Chainlink. The...
AEVO Down -80% from Its All-Time High AEVO, listed on Binance on March 13, 2024, experienced a significant price movement shortly after its listing. Within 15 days, AEVO hit an All-Time High (ATH) of $3.94 from its listing price of approximately $2.80. Current Status: Current Price: $0.76 Down -80% from ATH Technical Analysis Highlights: - The chart indicated a...
BANKNIFTY Intraday Trade Setup For 16 May 2024 Bullish-Above 47970 Invalid-Below 47860 T- 48510 Bearish-Below 47500 Invalid-Above 47610 T- 46950 BANKNIFTY has closed on a bearish note with 0.36% cut today. Since last 2 sessions index has stuck between 48000 and 47500. As per discussed analysis in the weekend we discussed the possibility of halt of the downtrend...
NIFTY Intraday Trade Setup For 16 May 2024 Bullish-Above 22300 Invalid-Below 22250 T- 22478 22675 Bearish-Below 22150 Invalid-Above 22200 T- 21965 21800 NIFTY has closed on an absolute flat note today. Since last two days index was strongly bullish. And as per simple market phases, index turns sideways after a parabolic move so has happened today. Index traded...
cmp 3065 major support at 2950 target 3200 / 3250 / 3300 / 3350 sl 2890 Regards.. Keshav.. 15/09/2023 Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
AIOZ network has a market cap of $841 Million and is ranked 89th in the CMC. AIOZ token has a total supply of 1,093,515,330 AIOZ in which 100% is circulating in the market. The volume of the token has seen a decline of 37% in the intraday session while the asset price is trading near the value of $0.7698. The token price is currently forming consolidated candles...
Filecoin currently stands with a market cap of $2.956 Billion despite gaining 19% in over a year. FIL token has a supply of 1,960,498,576 FIL in which over 50% is circulating in the market. FIL price is currently trading near the value of $5.3 with a slight gain in the intraday session while the overall volume surged by 2.6%. FIL token price is currently forming...
Currently, gold price has increased by 21.9 USD, reaching 2,357.6 USD/ounce, recovering to the high level from last week after positive news announced last evening. The main reason is the weakening of the USD and Treasury bond yields after data on US producer prices in April were published. The USD fell 0.2%, making gold more attractive to investors using other...