Trading Strategy for BTCUSDT: BTCUSDT continues to show notable stability, maintaining a high price above $66,000 this Thursday. In the short term, BTCUSDT is trending sideways, with significant resistance levels identified at $67,500 and $68,700. Clear support levels are marked, and the 34 and 89 EMA lines are displaying a strong upward trajectory in the near...
The price of gold (XAU/USD) has taken advantage of its recent upward momentum and reached a new record high around $2,152 on Wednesday. This price increase comes amidst expectations of an upcoming change in the Federal Reserve's policy. Comments from Fed Chair Jerome Powell have reinforced these expectations, indicating that the central bank is likely to lower the...
The GBP/USD exchange rate has increased by 0.31% during the North American trading session and is trading at 1.2746, after rebounding from the daily low of 1.2690. The spring budget announcement in the United Kingdom and the testimony of Federal Reserve Chairman Jerome Powell have supported the rise in this currency pair, which is now poised to test the 1.2800 level.
Hello dear friends, what do you think about USDJPY? In contrast to its counterparts such as EURUSD and GBPUSD, USDJPY continues to bear the heavy pressure of depreciation, with prices weakening further on Thursday. Currently, this currency pair is trading at the level of 148.50, experiencing a loss of 0.56% for the day. This currency pair continues to face...
EURUSD bulls take a breather at a six-week high as a rising wedge challenges the quote’s further upside. Apart from the stated bearish chart formation’s top line, the overbought RSI (14) line and sluggish MACD signals also challenge the Euro pair’s further advances. As a result, a pullback toward the 38.2% Fibonacci retracement of the pair’s December 2023 to...
Welcome back to a fresh discussion on the gold price for the upcoming week. In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday. Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed...
CRYPTOCAP:KAS Did 88% Profit from our Entry. Congratulations Guys. Bull Flag Breakout: ✅ Retest: Red Box Almost Ht ✅ Entry: $0.11 ✅ ( After Breakout ) High: $0.189 ✅ Profit: 80% ✅
Hello everyone, it's RKarina here again, let's plan our new week strategy together! Today, BTCUSDT is trading at $63,728, marking a 0.96% increase as the week begins. From the analysis chart, it is clear that BTCUSDT is approaching its all-time high and forming a cup and handle pattern. In my personal opinion, BTCUSDT is preparing for a corrective phase, with...
Hello comrades, today the EURUSD trading session kicked off with little changes. The currency pair is still gradually increasing and trading below the 1.0850 level in the Asian trading session on Monday. The US dollar is regaining its footing as it trades in the opposite direction in the Asian market, creating a sense of caution. Investors are still concerned...
RKarina sends greetings at the beginning of the week to everyone, wishing you all a smooth and exciting trading week. Currently, GBPUSD is maintaining a fairly stable price around 1.266, recording a 0.08% recovery during the day. The GBP/USD pair has formed a good recovery on Friday from the level of 1.2600, which has been a low point for a week and a half, and...
Hello dear friends! Today, the USDJPY pair continues to trade deeply around the 150.32 level and maintains a sideways trend. It is expected that there will be no significant breakthrough in price today as no information will be released during the day. Resistance levels: 150.64, 150.800 Support levels: 149.95, 149.700
GBPUSD rose to the highest level in a month the previous day but failed to offer a daily closing beyond a downward-sloping resistance line from July 2023. In addition to the inability to cross the key trend line resistance, softer prints of the UK PMIs and sluggish MACD signals also challenged the Cable pair buyers. However, the quote’s capacity to remain firmer...
MOMENTUN SWING IDEA |DCM Nouvelle Ltd Incorporated in 1991, DCM Nouvelle Ltd is in the business of manufacturing and sale of cotton yarn FUNDA1MENTAL: Medium This stock is in momentum now. keep in radar and do further analyses for better knowledge. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of...
Cybertech Systems & Software Ltd Cybertech Systems and Software Ltd provides IT services to customers primarily in USA and India with focus on next-generation geospatial, networking and enterprise It solutions. It offers services that span across all major industries including government, education, utilities, public safety & homeland defence, tech, telecom,...
USDJPY reverses the first weekly loss in five while printing mild gains around 150.50 early Tuesday. In doing so, the Yen pair seesaws near a three-week-old horizontal resistance surrounding 150.90-151.00. It’s worth noting that the lackluster RSI and sluggish MACD signals suggest further grinding of the quote below the stated key resistance. The bearish momentum,...
The FASP for Nifty is listed for 05-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
USDCHF stays pressured toward 0.8800 early Monday as traders await the key Swiss inflation data, namely the Consumer Price Index (CPI) for February, as well as this week’s Testimony from Fed Chairman Jerome Powell and US employment report for the last month. In doing so, the Swiss Franc pair extends the previous day’s retreat from the highest level since...
Hello dear friends, let's review the gold prices of the past week and discuss new strategies for the upcoming week with Kevin! During the beginning of the week, gold prices remained relatively stable, mainly moving sideways around the $2030 mark with a resistance level at $2035. However, in the last two days of the week, gold gained strong buying momentum and...