Let's take a fresh look at BTCUSDT today. After a sudden drop last weekend, from a high of $48,900, BTCUSDT has slipped down to $42,666. Technical analysis suggests that the bearish side is now taking control, with BTC dropping nearly $6,000 in a short period of time. The 4-hour chart and EMA 34 indicate a continued downward trend. Given the current scenario, a...
Dear friends, Overall, GBPUSD had a successful week as the price continued to rise without any significant breakthroughs. The currency pair remained supported as the USD struggled to recover. In terms of long-term trends, this currency pair is currently facing resistance at 1.2800. However, the upward trend is still supported by positive signals from the 34 and...
Dear friends! Looking back at the previous weekend, gold has demonstrated its strength with a remarkable breakout, completely breaking free from the sideways trend and ending the downward trend. It is an impressive move from the bull side, as they not only successfully defended the key support level at $2015 but also pushed the price of gold higher from this...
Dear reader, at the beginning of the new week, the EURUSD currency pair continues to show a slight recovery at the level of 1.096 and has increased by 0.15% during the day. The price is mainly moving around two EMA lines, and there is not much change in the trend. RKarina expects that this pair will break out of the price range and reach higher levels. What are...
The USD/JPY pair has reached a pullback at the 145.00 level in early Monday's Asian trading session. Despite the decline of the US Dollar, this currency pair has managed to recover. The market is expected to have a quiet session due to the US bank holiday. However, when considering the technical trends and prospects: USDJPY has just broken the upward trendline...
Dear friend, In general, precious metals truly impress us. Gold traded sideways near $2030 before rising to $2061 on Friday, then retraced to $2049 and stabilized at this level. Now, what excites me is that gold is currently trading calmly around $2050 - $2051 as we enter the new week. The interesting thing is that gold's recovery is driven by weakness in the US...
Nice to see you all again. Currently, EURUSD continues to operate with little price volatility, mainly moving sideways and trading around the EMA 34 and 89 lines. The 4-hour chart continues to show short-term consolidation. The breakout of this pattern indicates that the area of recent highs is at 1.0998. The fact that this level was surpassed suggests that...
Dear friends, let's explore the Gold market for the new week together! In general, the start of the new week sees Gold relatively quiet around the $2043 mark. Looking at the analysis chart: The overall trend is still bearish, with two negative factors driving it. Factor 1: The downtrend continues from the levels of $2149 and $2089. Factor 2: Gold has broken out...
Hello dear friends, as expected, yesterday we saw gold drop to its final profit-taking target at $2013. However, gold quickly recovered and at the time of writing, it is trading around $2033, stable within the previous downtrend channel. Therefore, the upward momentum of gold may be limited as there is a possibility that the FED may not begin cutting interest...
Dear friends, Looking at last week's chart, gold experienced a slight decline, but the long-term prospects remain quite positive. At the time of writing, the price is trading steadily around $2038, with support from the $2016 level. As long as the trend line remains strong, I believe gold will generate a breakthrough above $2045 and aim for my profit target of...
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...
Hello dear friends! Today, GBPUSD continues its winning streak as it continues to rise with prices fluctuating around the 1.276 level, marking a 0.21% recovery for the day. The price increase of this currency pair is supported by a weaker US Dollar (USD) and improved risk appetite. Traders are awaiting the US Consumer Price Index (CPI) for December for new...
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...