Currently, GBPUSD continues its upward trend as it surpasses the resistance level of 1.276, marking a 0.13% increase for the day. On the analysis chart, the upward momentum is still strongly supported by an unbroken trend line, and it has become even stronger as the USD is still recovering. RKarina's price target in the near future is 1.28 (A new peak is...
Dear friends, Currently, the price of Gold is not experiencing significant fluctuations, mainly hovering around the $2030 mark and still stuck in a downward trend. Regarding our trading strategy for Gold: On the analysis chart, Gold is being limited below the resistance level of $2036 and is confluencing with two EMA lines, further supporting the downward trend....
Hello everyone, it's great to meet you all again for today's discussion on the price of gold!! Currently, the price of gold is trading around $2028, which is a decrease as expected from yesterday's session after a correction and a breakthrough below the previous support level of $2030. Regarding today's outlook: Gold continues to lean towards a downward trend as...
Hello dear friends, BTC is currently trading around $46,460 and the upside outlook remains intact as the EMA 34 and 89 continue to consolidate, however it remains confined below the $47,000 resistance area.
Dear friends, In today's analysis chart, we can observe the continuation of the recovery trend with today's trading price at 145.47, maintaining a consistent upward trend since the last decrease at 140.26. The target for this price increase will be at the 0.618 and 1.618 levels, coinciding with Fibonacci. If you find this information useful and beneficial,...
Today, the BTC is continuing to consolidate significant price increases, with the current trading price standing at $46,516 at the time of writing. From a technical standpoint on the 4-hour chart, using the excellent tool called Fibonacci extension by Trading View based on trends, it shows that the current trend is bullish, with a relatively stable trading...
Today, the EURUSD currency pair is showing a good recovery momentum. This recovery is supported by the weaker US dollar. The 4-hour chart continues to indicate some short-term consolidation as the pair successfully breaks through the resistance level at 1.096, with a reversal signal from the 34 EMA line. It is expected that after a retracement and testing the...
On week chart AVAX has broken and closed above #DescendingTrendLine and now it's in correction phase. I think this is a first leg of the correction and wait for the second leg around $29 Wait for next move
On 1h TF SNX has rejected $3.1 and strong bounce back to $3.5 now it's returning to test the bottom again So I think this is the chance to join after confirmation SNX can't through this support Wait for next move
Dear friends, the price of gold continues to decline and is currently trading around $2035. According to our chart analysis, gold has formed an inverted cup and handle pattern. The current support level is $2017. Additionally, the 10-year US bond yield has surpassed 4% per annum. This factor has prompted investors to pour money into bonds, resulting in minimal...
Hello dear friends, what do you think will happen to USDJPY today? Currently, the USDJPY currency pair is experiencing a good upward momentum: Regarding the first factor: USDJPY has completely escaped from its previous downward trend and is showing strong buying momentum returning. Regarding the second factor: After price correction to the Fibonacci 0.5 level,...
Dear friends, as predicted by RKarina, the price has escaped from the sideways box pattern and has experienced a significant increase. Currently, BTCUSDT is trading around the $46,000 mark and is undergoing a correction phase after breaking through the resistance level at $45,500. Assuming this is a price behavior, BTCUSDT is expected to continue rising after the...
Technical Analysis: Exciting times for MAZDOCK as it showcases a compelling setup for swing traders, marked by a significant development in its chart pattern: 1.Rounding Bottom Breakout: MAZDOCK has been diligently forming a rounding bottom structure for over three months, indicating a potential reversal of the previous downtrend. The ...
Divilab fut broke above flag n pole pattern on an hourly charts with decent long build up sseen on OI. Risk:Reward = 1:2 Could be bought with mentioned stoploss & target.
Dear friends, Currently, EURUSD is experiencing minimal volatility and remains relatively stable around the 1.093 level. This is confirmed by the narrowing of the Bollinger Band indicator, indicating a preparation for the next breakthrough. Speaking of breakthroughs, EURUSD is being constrained below the resistance level of 1.096 and finding support at 1.090....
Dear readers, in the short term, our priority remains to sell due to the current price adjustment phase, with trading hovering around $2035. However, when considering the long term, the analysis of the 1D chart supports a strong upward trend for gold, with a clear support level at $2017. Another favorable factor for gold is that the trend line has not been broken...
Dear friends, it's great to see you again in today's trading session. At the time of writing this article, the price is fluctuating around $2033 at the start of the trading session, showing a slight recovery after a sharp drop to $2017 at the end of yesterday's trading session. The precious metal has broken out of the support level at $2033 and the price...
The GBP/USD pair continues its streak of consecutive victories this week. Positive risk acceptance and the slight decline in the US Dollar are supporting the pair's price increase. The currency pair is currently trading at 1.2759, up 0.05% for the day. In recent times, this level has been a significant resistance point for the pair. However, with the support from...