Get started

Forexpower

Eurgbp surely Fall read the caption Eurgbp The indicators on the daily chart are depicting a bear-dominant market. The Relative Strength Index (RSI) is seen to be on a downward path, maintaining its location in the negative sector pointing towards an ongoing bearish momentum.eurgbp lower more than expected Concurrently, the Moving Average Convergence Divergence (MACD) indicators display an increasing number of red bars, a sign that selling pressure is escalating. Moreover, the crosse's position below the 20, 110, and 200-day Simple Moving Averages (SMAs) further substantiates the bearish stance..
Short
by Mrsam36
Btc ready to jump read the caption The 4H chart shows that the BTC/USD pair has been in a strong bullish trend in the past few days. It remains below the 50-period and 25–period Exponential Moving Averages (EMA). The pair has also dropped below the Ichimoku cloud and the lower side of the Donchian channels. Also, the Relative Strength Index (RSI) has moved below the oversold point. Therefore, the pair will likely have a dead cat bounce and retest the resistance at 45.000 and then resume the uptrend trend.
BITSTAMP:BTCUSDLong
by Mrsam36
Gold soon on the moon read the caption Gold price (XAU/USD) attracts some buying during the early European session and turns positive for the second more expected buy when European session active successive day on Wednesday, albeit lacks follow-through and remains in a multi-day-old trading range above the $2,040-$2,052 zone. Traders pushed back their expectations for the first interest rate cut by the Federal Reserve (Fed) to May from March in the wake of a still-resilient US economy. This, along with the underlying bullish tone around the equity markets, turns out to be a key factor acting as a headwind for the non-yielding yellow metal. 
OANDA:XAUUSDLong
by Mrsam36
Today Gold Confirm Analysis Gold Sell Now Don't miss this chartXAU/USD trimmed Friday’s gains, and the daily chart supports a continued decline. The pair develops below a mildly bearish 20 Simple Moving Average (SMA), while the longer moving averages lack directional strength well below the current level. Technical indicators, in the meantime, resumed their declines within negative levels, although their strength is limited. The 4-hour chart for XAU/USD offers a neutral stance. The pair briefly pierced a flat 20 SMA but quickly recovered above it, suggesting unconvinced sellers. The longer moving averages head marginally lower above the current level, limiting advances. Finally, technical indicators head nowhere around their midlines, failing to provide clear directional clues. Support levels: 2,016.40 2,001.60 1,988.60 Resistance levels: 2,033.10 2,047.20 2,056.80 Gold sell Now 2029 Confirm Target 2010
TVC:GOLDShort
by FxJoseph_7
gold surged higher, breaking multiple peaksCurrently, gold prices are being supported by information that the US Federal Reserve (Fed) has ended the monetary tightening cycle and may switch to an easing cycle next year. In the context of a weakening USD and geopolitical concerns, investors still look to gold as a haven. With the USD trend falling, it is "just a matter of time" for gold to reach an all-time high. The time for gold to reach a new peak could be at the end of this year or early next year. In addition, the increased demand for gold jewelry at the end of the year in some countries also supports gold prices. In addition, the need to buy gold from central banks in other countries also helps precious metal prices go up. Currently, investors are still waiting for signals from the US and Chinese economies in the first half of next year to determine clearer trends for the markets. This factor may prevent gold from making a strong breakthrough in the next few months, even though this is the peak season for gold consumption.
OANDA:XAUUSDShort
by FalCol_TradingMaster
XAU will recover after a strong increaseThe FED has created conditions for XAU to increase strongly until 2050, but today, November 29, 2023, gold will have a rebound. In a recent note, ActivTrades senior analyst Ricardo Evangelista said that growing expectations of a recession provide support for safe-haven gold. In this context, gold is still on the rise. Gold continues to gain momentum, boosted by expectations that the US Federal Reserve (Fed) has ended its interest rate hike. Expectations are increasingly high after recent comments from Fed officials. Less hawkish views have put pressure on the greenback and supported precious metals markets.
OANDA:XAUUSDShort
by TrategySherpa