Hello everyone, EURUSD today continued its downtrend, extending for the third day in a row, surpassing many support levels despite the appearance of a double top pattern. The support level at 1,072 could not stop the exchange rate from falling deeply. The current outlook remains skewed in favor of sellers, as candlestick patterns closed below support and a slight...
Hi folk How to trade gold gold xauusd uptrend me hai so you must have to use demand zone support or dip for buy opportunity because silver gold nickle zinc full uptrend bullish
Hello dear friends! Yesterday, gold faced some challenges in the context of a stronger US dollar. However, it still remains a focal point of interest for international investors. After dropping to $2,330 per ounce, gold quickly rebounded within just 20 minutes, climbing back to around its previous price of $2,345 per ounce and stabilizing at around $2,331 at the...
Price already tested the fvg. So wait for PPI to hit and then look for entry to short That's it.levels have been shown in the charts. Learn to trade by yourself.PEAS.
The Japanese Yen has depreciated against the US Dollar this Wednesday, as the US released inflation data that was higher than expected. This development has pushed back the Fed's interest rate cut talks from June to September. Furthermore, upon reviewing the latest FOMC minutes, it appears that US officials are wary of the inflationary pressures that are looming,...
Gold prices plummeted, dropping 20 USD after just 30 seconds after the US inflation announcement, exceeding market expectations. Inflation in March increased by 0.4%, exceeding the forecast of 0.3%, putting the Federal Reserve (Fed) in a difficult position in making future monetary policy decisions. Inflation increased 0.4% in March, pushing the annual interest...
Hello traders! The EURUSD exchange rate is currently performing well, not deviating too far from yesterday's attractive position. It seems like we are all in this stable meditation garden, and it may stick with us until the end of the day and beyond. The Bollinger Bands range is back in action, stretching between the resistance level at 1.088 and the support level...
Gold is heading towards its eighth consecutive record-breaking day, showing no signs of slowing down to provide better entry points for the upward trend. The precious metal has few indications that the price increase will be threatened, and the CPI index will be the focus of today's trading. Looking back at recent days, even the NFP couldn't weaken gold, so it's...
What are people's thoughts on the USDJPY breaking through the 152.00 resistance level? This currency pair has been hovering just below this resistance level for quite some time now, seemingly trapped in an endless sideways movement. But just because it hasn't broken out yet doesn't mean it won't. We may just need a little more time for the market to make a...
GBPJPY has touched it's supply zone. It may fall a bit in daily basis Swing Target 179.00
I do TA on different assets such as BTC, Forex etc. Use the SSL (soft stop loss) close the trade only if we close the 15 minutes candle above the SL region.
Hello gold enthusiasts! 🌟 As the US Dollar Index cools, gold's glowing appeal persists, with today's trading keeping the precious metal at an impressive $2,345—a gain of 0.26% on the day. However, with a series of consecutive price increases, gold faces a wave of profit-taking. Even so, the metal's shine has not dimmed, fueled by three powerful undercurrents...
The price of gold today continues to rise, with gold reaching $2,352.5 in the early hours of the Asian session. However, it later retreated and stabilized around $2,345. The metal's upward momentum is driven by safe-haven buying amid concerns over conflicts. Meanwhile, the market is awaiting the minutes of the Federal Reserve's policy meeting and inflation data,...
On this eventful Wednesday, the story of GBPUSD continues its recovery streak, gracefully dancing along the 34 and 89 EMA lines. The upward momentum has prominently returned as it approaches the Fibonacci level of 0.618, currently hovering around the 1.267 mark. Short-term wisdom primarily leans towards buying strategies, aiming for a swift victory at the peak of...
The relentless surge of gold to a new record high in the opening session of April is being driven by predictions of US interest rate cuts and its appeal as a safe haven asset, currently holding steady at around $2,255. The real driving force behind gold's upward trajectory is the growing belief among investors that the US Federal Reserve will loosen monetary...
Dear friend, Today, gold ended the trading session with a significant price increase. The precious metal reached a high of around $2330 after touching $2270, gaining $60 in just one day. You may be wondering why gold is rising so strongly. In terms of international market information: Despite better-than-expected US employment data, the global gold price...
Hello everyone, today the price of precious metals has reached a new record high due to the buying activity of central banks in Asia. A new published report reveals that the People's Bank of China has added 160,000 ounces of gold to its reserves in March. Turkey, India, Kazakhstan, and some Eastern European countries have also been purchasing gold this year,...
Hello everyone! Just as we predicted, GBPUSD has increased after successfully testing the support level at 1.257. Currently, it is trading around the 1.265 level, with strong upward momentum and aiming to immediately conquer the resistance level at 1.266. The US dollar has slightly depreciated as moderate risk appetite has prolonged the recovery process of this...