Preferred direction: BUY Comment: The situation for gold remains unchanged. All attention is focused on the level of 1938.915. Potential breakdown and closing of the price above this level will allow buyers to realize growth to 1981.680. Waiting for the close above this level for LONG! Thank you for like and share your views!
Preferred direction: BUY Comment: The instrument has been gradually growing from the level of 1.26989 and there is a high probability that this trend will continue. A potential good entry point is at the level of 1.27695. After the price closes above this level, the prospect of growth to 1.28484 and even higher. Thank you for like and share your views!
Looking to short with ltf confirmation. Look a solid setup high chances of playing out.
Price likely moving within a triangle pattern. I am personally biased towards downside since there's a huge rejections on this area. However, it could continue going up to keep on the triangle pattern. If you're going for a short, look for a proper reversal sign to enter. Good luck.
This week I have travelled to the west coast of France, with just my laptop and a rucksack. I'll be working here like usual, I love the freedom this job offers me. This week I am looking to continue the current medium-term bullish trend on EUR/USD, with buys from a pullback to 1.087 or a continuation above 1.093. I aim to ride continued buys after our very short...
hi traders how is it going? as you can see we had a sharp drop few days ago and now price is retracing back to the strong resistance and i expect a good short position.
• The previous decline stopped at the 78.6% level of the rally that led to it • Current bullish impulse is targeting the 1.10-1.11 area • Bulls still got some work to do, at least get a strong move and daily close beyond 1.10 • Bullish 20 MA supporting the price today at 1.08280 • First resistance comes at 1.1010 followed by 1.11
Currency Markets on UK Recession Watch - There has been high volatility in the Pound to Euro (GBP/EUR) exchange rate during the past week. GBP/EUR posted a fresh 9-month best conversion at 1.1735 early in the week before a slide to below 1.1600 after the Bank of England (BoE) policy decision. Weaker than-expected Euro-Zone data helped strengthen GBP/EUR to...
2023-2024 exchange rate forecasts from Nordea As far as Federal Reserve policy is concerned, Nordea has revised its forecasts and now expects that there will be two further rate hikes with a 25 basis-point hike in July and another hike in the Autumn. It also expects that the Fed will be slower to cut rates and adds; “The sticky core inflation picture and the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
More hawkish global central bank policy actions have increased reservations over the global economy and the latest Euro-Zone data was also significantly weaker than expected. Weaker risk conditions will also tend to weaken the Euro, especially with scope for defensive dollar demand. In this context, confidence in the global economy will need to rebound for...
The Japanese Yen (JPY) recently bounced back from its lowest point in seven months against the US Dollar (USD), following a statement from Japan's leading currency official that they are open to considering all possibilities regarding the currency. The recent depreciation of the Yen has been attributed to a policy gap between the accommodative Bank of Japan (BoJ)...
Hi Guys, Hope you well, This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market. now we have two nearest Gap First of one in 35000 zone and another one in 20000. SecondChanceCrypto ⏰27/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And...
Preferred direction: BUY Comment: The ECB Symposium in Sintra kicks off today, with an introduction speech by Lagarde and other ECB members. Analysts suggest that more hawkish statements from ECB members are expected. Based on economic indicators, especially the "locomotive" of the EU economy - Germany, the situation in the EUR-area is not the most positive...
Price is moving towards our sell entry at 1.0960 which is an overlap resistance that aligns with 61.8% Fibo retracement. Our take profit will be at 1.0916 which is an overlap support level. Stop loss will be at 1.1005. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
2023.6.27 Daily European Perspective USD is weakening, silver is the strongest among non US currencies and precious metals, and US crude oil is about to start! Hello, I'm Older Duan. Today is Tuesday, June 27 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First,...
Market reactions are varied and uncertain due to the ongoing uncertainties in Russia and concerns about inflation. Key News: Eurozone - ECB President Lagarde Speaks USA - Building Permits USA - Core Durable Goods Orders (MoM) (May) USA - CB Consumer Confidence (Jun) USA - New Home Sales (May) On Monday, the US...
Hi Traders! There is an ascending channel setup here on the EURUSD 1H chart. We are approaching our vector level at 1.09483; there may be some resistance here for the short term, and above this level, there is another vector level at 1.09766. We identified a cup-and-handle potiential formation on the 1D chart last week (LINK BELOW), and the handle now seems to...