Hello everyone. Let’s take a look at the movement of the EUR/USD pair in this Monday morning trading session.
The EUR/USD pair opened the new week at 1.1159, indicating an upward trend. The weakening of the US dollar, driven by expectations of the Fed easing monetary policy, has supported the Euro’s rise. Additionally, recent economic data from the Eurozone has...
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...
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...
This trade is based on Exponential Moving Average (9 &15) considered in the Weekly Time Frame.
A trade can start at the current level (Entry between 795 to 780). Maximum risk to be considered is 5% to 6%. However a strong Candle closing below 740 level will indicate EXIT from the trade.
The stock can show upward movement as below:
1) 1st Target is 20% from ...
EURUSD is moving around 1.1079 today and the bullish move seems to be still strong.
On the analytical chart we can clearly see that EURUSD is on the rise of the uptrend with increasing confirmation highs and lows.
The EMA 34, 89 are still giving good signals for the buyers and the price breached above these two EMAs so the continuation of the upward move is...
Hello everyone,
After a period of consolidation within an ascending triangle, gold has broken out and is now approaching the psychological level of $2,520. This is supported by the rising trend line and the bullish crossovers of EMA34 and EMA89, confirming the current bullish momentum.
Based on the technical analysis, the uptrend of XAUUSD is likely to continue...
Hello Everyone 👋
Today Bank-Nifty Try to Break High if Bank-nifty Break High so we need to cut our Down position.
Give me Some Time Today We upload Some Levels So you Can I Easily Identify Trend.
1.Bullish Shark Harmonic Pattern: The BANK-NIFTY chart currently showcases a Bullish Shark Harmonic Pattern forming within a rising parallel channel. This pattern...
BankNifty Analysis for Tomorrow 1st August 2024
As per our analysis for Bank Nifty, we are expecting these lower levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
*Previous Close: 51553.40*
Buyers can be active above Zero Line (Previous Closed): 51553.40
Level = TGT 1 : 51839 | TGT 2 : 52036.85 | TGT 3: 52218.60
Sellers can be...
Gold prices are currently correcting in a narrow range and are testing important support and resistance levels. Trading strategies should be built based on price reactions in these zones, while always considering risk management factors.
Support and Resistance:
Critical support: Area around $2,310,000, shown by light blue area.
Key resistance: Area around...
Yesterday, gold prices found a boost, rebounding from the $2,300 level. However, this rally was short-lived and primarily represented a correction within the broader trend. The precious metal remains constrained below the trendline, with accumulation phases and bearish pressure still prevailing. Currently, the price stands at $2,320, marking a 0.33% decline for...
Hello everyone, let's explore today's gold prices together!
Yesterday, the gold market seemed relatively calm with minimal fluctuations, and the downward trend continued. Currently, the precious metal is hovering around $2321 and appears to be forming a head and shoulders pattern.
If this pattern completes, we could see the price testing the psychological level...
Dear traders!
The EURUSD pair is currently moving sideways and forming a triple top pattern. The support at 1.067 is holding but could soon be broken due to persistent selling pressure.
The RSI is stable and the 34 and 89 EMAs are tilted towards the bears. Trend following strategies are emphasized and I am favoring short EURUSD.
Do you agree with this view?...
EUR/USD hovered at familiar levels on Wednesday, continuing to languish in a prolonged downtrend that has persisted for several weeks as Euro traders await impactful data releases. Momentum is expected to remain subdued as the market anticipates fresh data that could potentially invigorate market dynamics starting Thursday. Therefore, we anticipate the currency...
Today, GBPUSD is trading around the 1.263 level, with the main trend favoring the sellers. The technical outlook points towards further downside targets as the pair remains within a descending wedge. I will trade with the trend and prioritize selling this pair.
Pay attention to the upper and lower limits to find optimal buy and sell opportunities, and be mindful...
Hello everyone, let's find out today's gold price and see what changes!
Currently, gold has just undergone a fairly strong price correction at the end of yesterday. Accordingly, the precious metal quickly plummeted from 2320 USD to the psychological level of 2300 USD and is currently trading around the threshold of 2297 USD.
Accordingly, gold is receiving...
GBP/USD remained below the 1.2700 mark, trading sideways on Wednesday. The diverging policy outlooks between the Fed and the BoE, coupled with anxieties surrounding the upcoming UK elections, have kept this currency pair within a familiar range amidst a prolonged downtrend. The focus remains on a downward trajectory targeting the next support level.
EURUSD maintained its bearish momentum on Friday and the pair formed a cup-in-hand pattern on the 1-hour chart with consolidation around 1,069. The outlook remains further bearish after the pattern completed and broke the 1,067 support level.
