Warm greetings, beloved traders! Let's strategize for the gold market this week! Last week, gold experienced an impressive and strong upward trend, reaching its all-time high. Today, we see this precious metal surging to $2,263, marking a $31 increase in the early hours of Monday's trading session. The rise in gold is primarily driven by lower bond yields and a...
WOO is looks good for upside movement as chart looks good BYBIT:WOOUSDT.P
Hello dear friends! Today, USDJPY continued a series of lackluster trading days, with prices stagnant compared to last week, fluctuating around the 151,300 mark due to lack of momentum and dependence on market news. Short-term expectations suggest stable volatility within a range, with little intraday volatility expected as EMA indicators remain inconclusive....
Opening the new week, gold witnessed a strong breakthrough, with a sudden increase of nearly 25 USD, reaching a record high of 2265 USD in just the first hours of Monday. This growth marks a historic turning point, clearly reflecting investors' preference for gold - a safe haven option amid growing economic instability concerns and forecasts. interest...
TATACOMM fut broke out of triangle pattern on an hourly chart with decent OI & its trading comfortably above breakout level. Risk:Reward - 1:4 Not to be missed. Could be bought with mentioned stoploss & target.
MCX fut is trading inside squeezed triangle pattern & on BBands on an hourly charts with decrease in OI suggesting short covering. Risk:Reward = 1:2 Could be bought with mentioned stoploss & targets. Not to b missed breakout.
Hello EURUSD observers! The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory. Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89...
Gold has surged to an all-time high of $2,233, surpassing the quiet trading atmosphere during the Easter holiday, which reduced market activity. The global pause on Good Friday, particularly in major markets including the US, has significantly eased the usual chaos surrounding the price of gold. Despite the temporary lull, the trajectory of gold seems poised to...
Hello dear friends, let's explore the gold market over the past week! The previous week was particularly significant for gold, as it experienced a strong surge in price, reaching its all-time high of around $2,237. This increase in price was driven by market expectations of a potential interest rate cut by the Fed, prompting investors to flock towards gold and...
The global price of gold has seen an impressive increase, rising by $38.8 to $2,233 per ounce, marking its strongest month of activity in over 3 years. This surge has been driven by expectations of interest rate cuts in the US and strong demand for safe-haven assets. Spot gold has risen nearly 2%, reaching its highest point since July 2020 with a 9% increase,...
BTC ready for breakout BTC one possible upside breakout possible after a good consolidation sessions since many days Breakout Level 71200 for Possible Target 73900 74000
Stock has given a long-term TL BO on weekly TF with Volumes Making Double bottom pattern & Inverted H&S Pattern in short term (2-3 Months) and round bottom in long term (12-15 Months) For long term investor: The SL should be 2150 with Target of 4000 (Round Bottom Target) however, for short term investor it may move up-to 2800 keeping SL below weekly Green...
Hello dear trading community! Today, let's explore the GBPUSD pair together! Currently, GBPUSD is moving steadily, fluctuating around the 1.263 level, with minimal changes compared to yesterday's session. It seems that today, with the world on holiday, there won't be many significant fluctuations affecting our trading strategy. In the short term, the range...
Welcome investors, As we close this weekly trade, our attention is directed towards the GBP/USD currency pair. What is worth noting is the stability, with price fluctuating around the 1.261 unit, accurately reflecting our draw forecast of a sideways trend from today past. During the second half of the week, we found the US Dollar exerting pressure on the GBP/USD...
Hey there, forex family! Today, EURUSD takes a momentary pause as the global market enters a holiday period. However, looking ahead, the US dollar is strengthening, influenced by hawkish sentiment surrounding the Federal Reserve and expectations of higher interest rates. Technical analysis adds to the story, as the price breaks below the 1.0800 support level and...
The stock price has been coming down in one month from 7800 to 6600. This time consolidating at lower levels, and support also can be seen on the charts. If bounces back from these levels, may go in an uptrend. Projected targets are indicated on the charts. If closes below 6520 for two days, may go weak according to this setup. The risk-reward ratio is good in...
On day chart After breakout previous ATH at $50, now AVAX is pulling back to the support around #FairValueGap at $45 Besides, AVAX is supported by Ascending Trend Line Wait for rejection around this support
The USDJPY pair continues to trade quietly and seemingly stagnant at record highs, lacking upward momentum. The prevailing trend favors a sideways movement despite signals from the EMA 34 and 89 continuing to support an upward bias. From a technical standpoint, any further price increase may encounter strong resistance and remain limited near the 152.00 level....