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Forex-gold

EURUSD: Waiting the ECB for a new low of the yearEUR/USD has shown a significant upward trend, surpassing the key level of 1.0650. This upward movement was primarily driven by a shift in risk sentiment, with investors moving away from safe-haven assets, thereby weakening the US Dollar. The Relative Strength Index (RSI) on the 4-hour chart indicated a recovery towards the 50 level, signaling a reduction in bearish momentum. Earlier, during Friday's Asian session, EUR/USD experienced a decline towards 1.0600, attributed to reports of Israeli missiles striking Iran. This triggered a flight to safety, benefiting the US Dollar and causing a temporary retreat in EUR/USD. However, official confirmation regarding Israeli retaliation against Iran was awaited, as Israel had not yet confirmed its involvement. Despite initial concerns, reports suggesting the end of direct attacks between Israel and Iran provided relief to the markets, leading to a reversal in risk sentiment. Consequently, S&P 500 futures retraced a significant portion of their previous losses, indicating an improvement in market mood. However, geopolitical uncertainty in the region remains a concern, potentially prompting investors to seek refuge before the weekend. Even in the absence of further escalation, investors may exercise caution, refraining from making risky bets amid persistent geopolitical tensions.
Short
by EdgeTradingJourney
1
💎 GTAI/USDT- Is there Still Oportunity for Longterm investment?By reviewing the GTAI/USDT chart, we see that the price is still in the attractive demand range of $ 3 and we can wait for the price growth soon! Possible Targets of this Crypto are $ 3.34, $ 3.81, $ 4.3 and $ 5, respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2
Analyzing Gold's Trend In the Upcoming PeriodGold prices are showing signs of reversal after hitting an all-time high above the $2,350 barrier during European trading on Monday. The decrease in bets on a Fed interest rate cut in June and reduced geopolitical tensions have limited gold's upward momentum, despite increased central bank gold purchases. Looking at the H4 chart,, if gold undergoes a correction back to around $2,331 before continuing its upward trend, it could indicate that the strong uptrend will continue. If gold buyers successfully challenge the correction pressure, there's a possibility of a new recovery towards the psychological level of $2,370, if accepted above the $2,350.
OANDA:XAUUSD
by Stephen_Anders
💎 GTAI/USDT - Opportunity for BUY ? (READ CAPTION)By checking the GTAI/USDT chart, we can see that the price is trading in the range of $3.17 and we have to see if it can keep the support of this important demand range or not! If the price manages to stabilize above $3, we can expect its growth to higher levels such as $3.5, $4.5 and $5.5! This analysis will be updated! If you have more questions, share them with me in the comments section through the analysis link and I will answer you! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2
🔥 #NASDAQ - Target Reached , What's Next ? (READ THE CAPTION)By checking the Nasdaq index chart in the 4-hour time frame, we can see that the price started falling from the desired supply range exactly as we expected and hit the targets of 18150 and 18090 and even corrected to 18000! The efficiency of this analysis has been more than 380 pips! The level of demand in front of the price range is 17800 to 17970 ! The Main Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
CAPITALCOM:US100Long
by ArmanShabanTrading
11
DXY Seems Likely to Show Some Mid-Term StrengthDXY has pulled back a lot as US bonds have ripped to the upside, however it would appear that the Yields may be setting up for a short term bottom which would result in the DXY coming back up. This would align with the Euro coming back down, but I'm not convinced the move up in DXY will be long-lasting, however I do think it will be notable enough to initiate some Bearish Reversals in Gold, BTC and the SPX and the completion of a potential Bullish 5-0 on the Euro which would take it to the 50-61.8% retrace down at around $1.08, before continuing to the upside.
CME:6E1!Short
by RizeSenpai
💎 ETH/USDT - What's the next Target of ETHEREUM? (READ CAPTION)By checking the Ethereum chart in the weekly time frame (logarithmic), we see that the price has grown by 120% ✅ since October 20, 2023 and is currently trading in the $3500 range! The historical ceiling (ATH) of Ethereum was $4875, which with the trend of this cryptocurrency, we will probably see the price return to this level ($4875) in the short term! In 5 consecutive weeks, Ethereum has managed to experience more than 55% growth and we have to see how far this trend will continue! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2