Capriole Investments predicts that Bitcoin will resume its strongest bull market performance due to a perfect storm of macroeconomic changes and standard cycle timing. With the Fed lowering interest rates, the $59,906 bitcoin should recover to $64,000 "very soon." In its latest monthly update on September 17, Capriole Investments, a quantitative bitcoin and...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.67500 zone, AUDUSD is trading in an uptrend and currently is in a correction phaase in which it is approaching the trend at 0.67500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2535 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2535 support and resistance area. Trade safe, Joe.
✅USD_JPY is trading along the falling resistance line And as the pair is going down now After the retest of the line I am expecting the price to keep falling With the target of retesting the demand levels below at 139.74 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Yesterday afternoon, gold plunged 50 dollars, the daily line is large negative line, and with 30 dollars on the line, the 5-day line fell through, and the 10-day line was temporarily supported. Maintain our view from yesterday, continue to bear gold after the rally, The daily operation strategy of these days has accurately reached profitability. Sell 2580 -...
Should we sell or hold? Let’s unveil together- What do we see on: 1. A 2: B 3. C 4. D 5. E E shows an orange triangle and this same triangle will appear in about 3 days at the current candlestick. It’s a bullish 3 candle pattern: 1. Is the first candle red? Check mark 2. Is the 2nd candle green? Check mark 3. Are both red and green candles lower body equal...
USDJPY Price Analysis Following the FOMC interest rate decision, USDJPY surged nearly 350 pips. This movement is attributed to the robust US economy, as highlighted multiple times by Powell. Consequently, there is little reason for the USD to depreciate significantly. Despite the Fed cutting rates by 50 basis points in yesterday’s meeting, the interest rate...
About TOTAL3: TOTAL3 tracks the market cap of all altcoins excluding Bitcoin and Ethereum. As the Fed slashed rates by 50 basis points, liquidity is moving into riskier assets, especially altcoins, which are poised for a breakout. Impact of Rate Cuts: Lower rates mean greater liquidity in the market. Investors are looking for high-growth potential, and altcoins...
There is a probability of reaching buy level at around 2576 area. I don't like the move that happened during overnight session, it;s weak and we may see spike down to the 2576 level before going higher. I also don't like that fact that it may be choppy during US session open and I would say still until after the US open..
FxWirePro- EURUSD trades above trend line resistance after surprise 50 bpbs rate cut by Fed, good to buy on dips Trend line resistance- 1.11275 (trend line joining 1.12016 and 1.11554) EURUSD trades above trend line resistance after Fed monetary policy. It hits a high of 1.1788 at the time of writing and is currently trading around 1.11778. Fed cuts rates by...
TRADERS: Surprises are coming our way so be ready! Remember, we will have some downtrends, it's part of the show. Retail volume is very deceptive; no wonder bearish ideas are facing downward. It's a whole different universe when compared to Smart Money volume but if we compare it to global volume, Smart Money still reads differently. As we use average volume vs...
Some random artwork of what looks like a hand pointing upwards, thought I'd add some special effects haha
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61900 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61900 support and resistance area. Trade safe, Joe.
Gold Trading Strategies Today 📈 Strategy 1: Go Sell when gold rebounds to around 2562-2565, target around 2550-2540, break the position and look at the 2530 line 📉 Strategy 2: Go Buy when gold pulls back to around 2530-2532 , target around 2540-2550, and look at the 2560 line if the position is broken Strategy orders are divided into two positions at 1:2 or...
Will Solana Hold the Line at $127? Solana's price action is tense, trading at $127, a key psychological and technical support level. The recent decline has been driven by negative sentiment, exacerbated by institutional outflows and overall crypto market weakness. However, this is also where the market could flip. Traders should be on high alert for any signs of...
AUDUSD in consolidation on long term time frames. price is on resistance level of consolidation this is good point to sell for scalper and also swing trader.. low risk high reward trade....... enjoy......
The FOMC news and press conference today left the charts in a bit of a mess. We do have NZD and AUD news soon, so I don't even want to look at those currencies. One chart that makes sense to me is GBPJPY. The daily chart is bullish, current week is strongly bullish and H4 is making higher lows & highs. If I see a pullback to about 186.50, I am happy to go long....
Market expectations of a 50bsp cut today are high, anything less than that could lead to a massive reversal. The USDCAD is top on my list of trades today, post FOMC. Listen in to understand why.