CEO-PREMIUM-ANALYSIS

CEO-PREMIUM-ANALYSIS

Early in the American session, gold is trading around 2,862 within the downtrend channel forming since February 19. In the European session, gold reached the bottom of the downtrend channel around 2,851 and almost reached the 200 EMA. During the American session yesterday, the metal started a strong technical correction and is now reaching oversold levels. A...

CEO-PREMIUM-ANALYSIS

Bitcoin price hit low last seen since early February around $90,929. After this drop, we see a technical rebound. it will likely reach the 2.8 Murray area located at 93,750 in the next few hours and it could even reach 3/8 Murray around 96,875. On the 1H chart, we can see that Bitcoin has reached the bottom of the bearish trend channel forming since the end of...

CEO-PREMIUM-ANALYSIS

Early in the European session, gold is trading around 2,938, below the 21 SMA, and below the high of 2,955 showing signs of exhaustion. On the H1 chart, we can see that gold is showing signs of exhaustion after forming a triple-top pattern. A strong technical correction will likely occur in the next few hours and even the 200 EMA around 2,920. The key to watch...

CEO-PREMIUM-ANALYSIS

The upcoming week is filled with important fundamental events, which puts the EUR/USD pair at a critical juncture -it could either move toward the 5th figure range or descend to the 3rd figure range. Last week, the EUR/USD recorded a high of 1.0507 and a low of 1.0401, closing on Friday at 1.0461, which is essentially in the middle of this price range. This...

CEO-PREMIUM-ANALYSIS

Early in the American session, gold was trading around 2,935, around the 21 SMS=A within the bullish trend channel forming since the beginning of February. After having made a technical correction and reaching its high around 2,954, gold is now showing signs of a further bullish movement. We believe that if the metal consolidates above 2,933 in the next few days,...

CEO-PREMIUM-ANALYSIS

Gold is trading around 2,930, above the 21 SMA, and above the 200 EMA which suggests that the instrument could extend its rise in the next few hours and reach 2,945 (R_2). Gold could even reach the strong resistance zone located around 2,954. The positive outlook is valid for gold, as we see a strong technical rebound after reaching the key resistance of $2,954....

CEO-PREMIUM-ANALYSIS

Early in the American session, EUR/USD is trading around 1.04614 below 6/8 Murray and within the uptrend channel forming since February 2. On the H3 chart, the euro has been struggling to consolidate above the psychological level of 1.0500 which has been putting pressure on EUR/USD and now we are seeing a technical correction. EUR/USD could extend its upward...

CEO-PREMIUM-ANALYSIS

Early in the American session, gold is trading around 2,911 within the bullish trend channel forming since February 20, below the 21 SMA, and above the 5/8 Murray. Gold maintains its bullish bias, consolidating around the psychological level of $2,900. Over the past few weeks, gold has been under strong volatility due to the US President's comments regarding...

CEO-PREMIUM-ANALYSIS

Early in the American session, EUR/USD is trading 1.04727 inside the uptrend channel forming since the beginning of February and reaching overbought levels around 6/8 Murray. On the H4 chart, we can see that the EUR/USD continued its rise during the European session until it reached the top of the bullish trend channel around 1.05118. Since then, we have seen a...

CEO-PREMIUM-ANALYSIS

Early in the American session, gold is trading around 2,916, below the 21 SMA, and within the bullish trend channel forming since January 20. If the bearish trend prevails in the next few hours, we expect gold to reach the bottom of the bullish trend channel around 2,933. This level could offer good support and from that point, we could expect a technical bounce...

CEO-PREMIUM-ANALYSIS

With tensions rising over a potential global trade war, the US dollar is strengthening and in turn, putting pressure on the EUR. At the opening in this trading this week, we saw a bearish gap around 1.0280 which has already been filled. In the next few hours, we could expect the euro to reach the resistance zone of 3/8 Murray located at 1.0376. EUR/USD could...

CEO-PREMIUM-ANALYSIS

Early in the American session, gold is trading within the bullish trend channel forming since January 20th and below *2/8 Murray. Th area around 2,890 represents a strong resistance. Currently, the bullish force is exhausted, but after a technical rebound around 2,890. If the gold price consolidates below 2,868, we could expect it to continue falling in the next...

CEO-PREMIUM-ANALYSIS

Bitcoin was trading at 97,919, making a technical correction after having reached a high of $102,000 during the European session. Technically, Bitcoin is positioned below the 200 EMA and below the 21 EMA and below the 21 SMA. We are likely to see a fall in the next few hours with targets at 93,750 and 90,131. In case the Bitcoin price consolidates below $100,000,...

CEO-PREMIUM-ANALYSIS

Early in the American session, XAU/USD is trading around $2,819, above the 21 SMA, and below the 8/8 Murray. A strong technical bounce is observed and gold is likely to continue rising in the next few hours until it reaches the 2,822 area where the daily R_2 is located. If gold reaches its annual high ( 2,822-2,828), a double-top pattern will be formed which...

CEO-PREMIUM-ANALYSIS

Early in the American session, EUR/USD is trading around 0/8 Murray located at 1.03557 with a bearish channel after it left a gap at the opening of negotiations this week. The euro is now covering the gap in the recently hours. Thus, we expect EUR/USD to find good resistance above 1.03587. If this scenario occurs, the instrument could reach 1.04187 and even the...

CEO-PREMIUM-ANALYSIS

Gold XAU/USD is trading around 2,786 with a bullish bias above the 21 SMA and within the uptrend channel forming since January 13. Gold is expected to reach the psychological level of $2,800 in the next few hours or it could even reach 8/8 Murray around 2,812. The instrument could even break through and reach the weekly resistance located at 2,823. If a...

CEO-PREMIUM-ANALYSIS

Gold is trading around the 21 SMA located at 2,758, below 7/8 of Murray, and within the uptrend channel forming since early January. Gold is showing signs of exhaustion. Therefore, a technical correction is likely to occur in the next few hours and the instrument could reach the bottom of the uptrend channel around 2,745. In case gold breaks the bullish trend...

CEO-PREMIUM-ANALYSIS Updated 

The euro is trading around 1.0493, below 6/8 Murray, and above the 21 SMA and 200 EMA with a bullish bias. EUR/USD is approaching overbought and resistance levels. During the European session, the euro reached a high of 1.0517. Since then, we have been observing a technical correction. EUR/USD is likely to continue falling in the next few hours and could reach...