


Ariana_alila
On the 4-hour chart, the EUR/USD pair is maintaining sideways movement around zone 1.0770 - 1.0760. Analysis Simple Moving Averages SMA 20 and SMA 50 indicates a downward trend phase. If the price breaks below the support level of 1.0724, this could lead to a stronger downtrend and may be tested further support levels . However, the possibility of a price...
Based on technical indicators, the gold market is currently continuing its upward trend. However, the possibility of a decline in the near future cannot be ruled out. For today, it is conceivable that gold may retreat to the support level of 2229, followed by a potential rebound. However, if the price of gold breaks below the support level of 2229, there is a...
After breaking through the 68.210 BTC support level, the market witnessed a clear signal of significant price decline, establishing a new support zone. Moreover, technical indicators such as the Relative Strength Index (RSI) and Simple Moving Average (SMA) also collectively indicate a strong downward trend unfolding.
During Tuesday's European trading session, the price of the British Pound/US Dollar (GBP/USD) currency pair surpassed the 1.2550 threshold, marking a price adjustment. This indicates that the market is experiencing a bullish phase. However, the 20-day Simple Moving Average (SMA) is also showing an upward trend, a clear sign that prices may continue to rise in...
Based on technical analysis, recent price action continues to reflect a phase of consolidation in the upward trend following a strong rebound from the lowest level in March. Additionally, other technical indicators on the chart remain positive and have not reached overbought territory. This suggests the potential for short-term price appreciation in the...
Looking at the price chart, we can see that the SMA20 is declining significantly and has broken through the support zone at 1.7030, seeking a new support zone at 1.7026. Additionally, the RSI indicator is about to surpass the oversold zone. These indications suggest that the EURUSD pair is poised for a sharp decline.
The price of gold XAU/USD has recorded a significant increase, reaching nearly $2,250 at the start of the Asian trading session on Monday, attracting investors' attention amid expectations regarding the Federal Reserve's monetary policy, political tensions in the Middle East, and hopes for China's economic recovery. Furthermore, traders will focus on China's...
Based on the indicators on the 1-hour chart, Relative Strength Index (RSI) is hovering around 40 and the price is below the 20, 50, and 100 Simple Moving Averages (SMA), indicating a downward trend phase. If the price continues to decline and breaks below the support zone at 1.2590, there is a likelihood of a more significant downtrend in the near future....
Currently, technical indicators such as RSI and SMA indicate that Bitcoin is in a downward trend. Specifically, the price breaking through the support level of 69.017 signals that the downward trend is likely to persist, potentially pushing the price down to the support level of 68.450, and may lead to a more significant price decline.
On the 1H chart, based on the RSI indicator, we observe that the price of the USD/JPY pair has surpassed the overbought threshold, indicating increasing buying pressure. However, to make trading decisions, it is essential to consider other factors such as economic news and the global market situation.
Currently, the price of the EUR/USD currency pair is hovering around the level of 1.0780. Based on technical analysis, the overall trend in the market is showing a downward movement for this currency pair. One of the commonly used indicators, the Relative Strength Index (RSI), is below the 50 level, indicating a weakening buying momentum in the market....
Based on technical indicators such as a sudden surge in trading volume and breaking through key resistance levels, bitcoin is currently in an upward trend. This increase indicates significant interest from investors and may lead to further price appreciation for BTC in the upcoming period.
In the upcoming period, it is anticipated that the GBPUSD currency pair will experience a sequence of volatility. Initially, we may observe a minor downtrend then testing of resistance level above. However, the possibility of another significant downturn should not be ruled out, based on technical and fundamental factors influencing the market.
During the past trading week, the USDJPY currency pair closed at 151.342. This signifies that within the market context, the Japanese Yen has maintained its strength against the US Dollar. Based on these developments, the forecast for the upcoming week is for the downward trend to persist. From a technical standpoint, charts and technical indicators have...
Based on the daily timeframe analysis, we observe that the price of Euro is currently below both the EMA 34 and EMA 89 lines. Particularly, the EMA 34 is trending downwards and shows signs of crossing below the EMA 89 in the near future. This indicates a potential downtrend for the Euro towards the support level at 1.0709. Investors and traders may need to pay...
In the serene atmosphere of the Easter holiday, the price of gold is currently holding at an all-time high of $2,236 USD. Most major markets around the world remain closed, despite the US releasing its core PCE inflation figures, a preferred inflation gauge of the Federal Reserve. Investors are expressing confidence in gold as they anticipate the Federal Reserve...
Based on technical analysis, following the price increase on Monday, the price has continued to maintain stability within the range of 68.480 - 71.740. Technical indicators suggest that prices will still continue rising in the near future, with the potential to break through the nearest resistance level at 71.786. This indicates the strength of buying pressure...
GBP/USD is under relentless selling pressure, dipping just below the 1.2600 mark during Thursday's European trading session. The resurgent dominance of the US Dollar (USD) has exerted a formidable force on GBP/USD throughout the latter part of the week. It is expected that the price will drop sharply if it breaks the support zone of 1.2590.