Btc The technical picture now is more bearish as the decline from the 20-month high reached two weeks ago has continued, with the price trading above the big round number at $40,000 and breaking above some resistance levels which have now likely flipped to become resistance. Despite this bearishness, over the past couple of days the price has firmed up and...
Eurusd relatively volatile after the latest flash manufacturing and services PMI numbers from the US and Europe. It initially jumped to a high of 1.08980 and then pulled back as traders wait for the upcoming ECB decision and US economic data. The latest numbers by S&P Global showed that European manufacturing sector continued to contract in January as companies...
Gbpusd pulled back slightly after the flash UK and US manufacturing and services PMI numbers. The pair retreated to a low of 1.2729, a few points below Wednesday's high of 1.2777. S&P Global published strong economic numbers from the United States and the UK, signaling that the two countries started the year well. In the UK, the manufacturing PMI rose from 46.3 in...
It has been an unpleasant month for oil traders. Crude oil has risen $3 this month but it's been a rough road getting there with repeated whipsaws intraday and extreme choppiness in trading. Headlines about the Red Sea have been faded over and over again despite bullish implications and fears of an OPEC breakdown remain high. However when you back it out, the...
U.Today - Ethereum finds itself shaky on the edge of a precarious position. The recent price chart indicates a concerning situation: the 100-day Exponential Moving Average (EMA), a key indicator of uptrend momentum, is under threat. If this level fails to hold, Ethereum could see its value dump to the $2,447 mark, a scenario that may well trigger a more pronounced decline.
s&pTurning to technical analysis, the S&P 500 established a fresh record in late December, only to retrench and lose its grip on the gains in the days that followed. Last week, the equity index staged a moderate rebound and tried to rally back to its recent highs but was quickly slammed unexpected lower, it's more lower expected then rise forging in the process...
Gold has bullish it's a good opportunity as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against...
US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,500.00 valuation for the first time ever. Dow Jones ready to bullish trend The Standard & Poor’s...
Crude oil WTI) expensive prices hit a one-month high of $75.42 on Monday after it was reported that Ukraine attacked a Russian fuel terminal drones, according to reporting by the BBC and the Journal. Global energy markets continue to get unnerved by the increasing potential for supply constraints as a successful Ukraine attack on Russian oil infrastructure...
The Dollar is softer and pro-cyclical dxy fully bullish trend currencies are following the Yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market. Dxy analyze FX market outlook is buy trend
EURUSD 1 hour On the 1 hour chart, we can see more closely the recent price action at the support zone and we can see that in the APAC session the price don't broke through the trendline, which might be a good omen for the sellers. In fact, if the price were to break further through the support, then the breakout would be confirmed, and the seller will likely pile...
Therefore, the outlook for Bitcoin is bullish, with the next point to watch being at $34,000. In the longer term, however, there is a likelihood that it will bounce back and retest the in few month high of 44 080
Beyond Thursday's European Central Bank (ECB) Eurusd lower meeting, Tuesday sees the latest ECB bank lending survey and Wednesday sees the flash PMIs for January. These two data sets weighed quite heavily on the Euro last autumn/winter and will be closely watched ahead of the ECB policy meeting. hands at around 1.0880 ahead of united states us opening the peaked...
The eurusd pair trade little change for a second eurusd will down soon so wait and see consecutive day changing hands at around 1.0880 ahead of united states us opening the peaked at 1.0906 while it net a bottom at 1.0876
XAUUSD has executed a short term recovery move in the midst 1d low near the psychological support of $2,000 target 2100
We were wrong in timing but right in direction. We nore hav extra confirmation on the possible change of character. Price took out lequidity and will enter off the engulfing candle.
Sell Description: Pair: USDCAD SL: 20 - 30 pips TP: 80-100 pips We have identified a potential selling opportunity in pair. The price has shown signs of bearish momentum and is currently trading below key resistance levels. Our entry point for this trade is is Shown in Picture, with a stop loss (SL) set at . This provides a risk-reward ratio of approximately...
Price has reached our anticipated zone at .214/.216 now we can safely short gbpusd