FX:GBPUSD is testing trend support for a breakout, but the situation is complicated by the difficult economic state of the Dollar... GBPUSD is going flat. Technically, GBPUSD could have a chic bullish outlook, provided buyers hold 1.27 support. Fundamentally, things are quite complicated, but more positive for the currency pair's growth: there is a high...
FX:XAUUSD is making new highs and approaching a strong resistance zone from which a small correction may follow before a further rise. NFP is ahead, which may set a short-term backdrop The dollar is in a sideways range ahead of the news, which generally indicates a neutral mood among traders. Strong news can either renew the dollar's decline, which will be...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where it firstly little declined and then rose to top part of flat. Then it fell to $2305 support level, after which bounced, and some time traded near and then fell back to this level. Next, Gold turned around and made strong...
FX:XAUUSD is strengthening and testing 2450. The price rise was influenced by Powell's comments on progressive deflation and a possible rate cut in September, as well as another conflict in the Middle East.... The Fed left the rate unchanged for the 8th time at 5.5%. The rate has remained unchanged since the summer of 2023 and is the highest in 20 years. There...
BINANCE:STORJUSDT shows positive dynamics to the change of trend and the beginning of bullrun. The coin is moving to the phase of implementation of a pattern that can change the direction of the market. Bitcoin sets the general trend of the cryptvault market. The general fundamental background, which is formed around BTC and ETH sets positive prospects for...
BINANCE:XRPUSDT is the strongest of the market. As ETH & BTC fall, ripple is holding quite positively as traders are starting to believe in growth amid rumors... Ripple CEO recently said that he expects a legal resolution to the situation between the SEC and Ripple “very soon” Many are speculating that the SEC's closed-door meeting to finalize the case...
FX:XAUUSD is testing local channel support and forming a rebound from the liquidity zone. Traders are waiting for PCE data. Favorable inflation data may provide strong support for gold. Traders are waiting for the PCE, any hints of lower inflation may be viewed quite positively, which will generally increase the chance of interest rate cut in September. As we...
GOLD after the retest of 2430 fell under the selloff, there is no pressure on the price of metal, but the reason may be profit taking amid the selloff in stocks and in anticipation of economic data from the United States. Traders are waiting for US GDP and Initial Jobless CLaims, which will be released at 12:30 GMT. The data may have a medium-term impact on...
FX:XAUUSD reacts perfectly to the 2390-2400 area, forming a false breakdown with subsequent growth to 2420, but I am now confused by the extremely low volatility.... The calm before the storm.... Gold is bullish on D1, while the dollar index is showing signs that the price may continue its decline in the medium term. Today at 13:45 GMT it is worth paying...
FX:EURUSD on D1 is trading in a strong and neutral sideways movement. SMAs just lay on the horizontal plane, but on H4-H1 a change of market character is forming on the background of growth of the dollar index Overall, the global neutral trend allows trading without much emphasis on the trend as there is none. The price is moving between the range boundaries,...
FX:XAUUSD is forming a false breakdown of the previously mentioned range - 2390 - 2400. The return to the buying zone is forming, buyers can push the price to 2450 A reversal swing pattern is forming in relation to the support, which is evidence of buyers' strength. The fundamental background is still unstable, there are many nuances from the Fed and the US...
FX:XAUUSD in the correction phase. The market is testing the support and liquidity zone within the counter-trend correction. The dollar may continue its downward phase, which would be a bullish leverage for the gold market In the week ahead it is worth paying attention to the S&P PMI to be released on Wednesday, GDP and Initial Jobless Claims on Thursday and...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached support 2, which coincided with the support zone and soon broke this level. After this movement, the price tried to grow but failed, made the first gap, and fell to support 2, which coincided with the trend line. Then Euro turned around and in a short time...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from $2375 level and tried to grow, but soon turned around and made downward impulse. Price broke $2375 level and entered to flat, where it little later made fake breakout of $2375 level and bounced down. Then Gold rose almost to top...
FX:XAUUSD after breaking through trend resistance is forming a consolidation, just like the dollar. Sellers start selling on indicators and MM may set a trap before further growth. Technically and fundamentally gold has a favorable environment. The price is in the buying zone and in the ATH zone. There is a lot of support (obstacles) from below, and there is...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price traded inside flat, where it bounced twice from support area, and on a second try it started to grow. Price exited from flat and continued to grow in rising channel, where firstly it reached resistance line. Then BTC made a correction to support...
FX:EURUSD maintains a bullish structure. Ahead is the key resistance from which a pullback may follow before further growth. On Saturday, there was high-profile news related to the attack on former US President Trump. The markets expected a more violent reaction from the opening, but in general only a small gap was created and it was dealt with rather...
FX:XAUUSD continues to strengthen as the fundamental background improves. A rate cut is coming, as hinted by Powell, the dollar is poised to decline against this backdrop.... According to Powell, the Fed has "more evidence and confidence" that inflation is cooling, so they may cut rates before inflation reaches the 2% target. Traders generally believe in the...