Expert_Travis

Expert_Travis Updated  Mar 7

Fundamental analysis for selling EUR/USD at 1.0600: *Reasons to Sell:* 1. *Overbought Conditions:* The EUR/USD pair has rallied significantly in recent days, reaching new yearly highs. This has led to overbought conditions, making it a good opportunity to sell. 2. *Resistance Level:* The 1.0600 level is a strong resistance level, and a failure to break above it...

Expert_Travis Updated  Mar 5

*Bitcoin Price Updates Bitcoin's price has plummeted over 15% this week, breaking below the $80,000 mark. This significant decline is attributed to several factors: - *Bybit Hack*: A massive hack on the Bybit cryptocurrency exchange resulted in a loss of $1.4 billion, eroding market confidence. - *US Tariffs*: US President Donald Trump's announcement of tariffs...

Expert_Travis Updated  Mar 4

Gold Bulls Rejoice: Price Correction Presents Buying Opportunity After a near 3% pullback this week, Gold's price (XAU/USD) is poised to rebound, driven by robust fundamentals and a weakening US dollar. The precious metal's correction presents a buying opportunity for investors seeking to capitalize on the ongoing tariff tensions and growing demand for safe-haven...

Expert_Travis Updated  Mar 4

We are buying USD/JPY at 150.5 because: - *Breakout above resistance*: The pair has broken above the 150.30 resistance level, which is a significant technical level. - *Rally expected*: When a pair breaks above a resistance level, it often triggers a rally, meaning the price is expected to go up. - *Buying opportunity*: By buying at 150.5, we are taking advantage...

Expert_Travis Updated  Mar 4

*GBP/USD Analysis* The GBP/USD pair has regained the 1.2600 level, driven by the US Dollar's weakness. This weakness is due to: - Risk appetite: Investors are becoming more confident and taking on more risk. - Ukraine conflict: A potential truce in the Ukraine conflict is also contributing to the US Dollar's weakness. However, the pair's upside is limited...

Expert_Travis Updated  Mar 3

BTCUSD is poised for a significant rebound after yesterday's pullback from $87,055. The current price of $80,474 represents a 50% Fibonacci correction level of the $52,600-$108,350 rise, providing a strong foundation for a bullish reversal. Key points: - The recent downturn has created a buying opportunity, with a potential target of $95,000. - The $80,474 level...