Karina_Bella
Hello dear friends! It seems that GBPUSD has turned around and started to decline again. As Karina mentioned in the previous article, GBPUSD had been increasing after receiving support at the 1.206 level. However, it is expected to be pushed back when it encounters resistance at 1.232. This can be considered a price correction as there is no evidence yet of a...
Hello dear friends! What do you think, will GBP/USD rise or fall in price? GBP/USD has been steadily declining since it left the peak of 1.228. If this pair fails to regain that level, then the target for further decline could be 1.214 before reaching 1.210. In the case that GBP/USD stabilizes above 1.2250, 1.2300 and 1.2340 could be considered as the next...
Hello dear friends! Gold prices today continue to trade quietly with minimal fluctuations, as this precious metal remains sideways around the $1975 range, and there is still limited information regarding future trends. However, it is not because the upward momentum of gold has ceased, but rather the market needs to consolidate above the resistance level of $1985...
Hello dear friends! And so, the trading session yesterday saw gold regain its proactive position in terms of price increase. The Bulls are still growing stronger and it is noticeable. At the time of writing this article, gold is trading at $1984 and has risen by 0.23% during the day. So, what is the reason behind gold's comeback? Regarding the global news...
Hello dear friends! The price of gold is continuing to approach the $2000 mark today, with the precious metal currently trading at $1991, marking an increase of nearly $12 for the day. However, the psychological barrier of $2000 still remains a strong resistance level. Karina's trading idea is to set a sell order when gold reaches this resistance level. The...
Hello dear friends, EUR/USD is currently trading favorably below 1.0600 in the Asian trading session on Monday. Traders are considering developments in the Middle East, which may limit the pair's upward movement, while the US dollar is recovering amid higher interest rates and declining stocks. From a technical analysis perspective: The Bollinger Band range is...
Hello dear friends! It's the end of another trading week! Let's recap the market from last week and discuss our new plans for the upcoming week, shall we? Overall, the downward trend of EURUSD continued last week. The strong support level at 1.067 couldn't make the EU turn around, and the downward trend persisted. Currently, EU has temporarily halted trading...
Hello dear friends! Today we are still facing the question: "Can USDJPY reach and surpass the resistance level of 150.00?" It can be seen that since the last time it broke through the resistance level of 149.000, USDJPY has maintained its strong upward momentum. Although it has not yet broken through the 150.00 resistance level, the price is still holding well...
Hello dear friends! BTCUSDT has ended its downward trend and is starting to rise again. The upward trend is gaining strength. A new breakthrough could bring BTCUSDT back to the $50,000 area. Good luck with your trades! Leave your comments below for Karina to know your thoughts!
Hello dear friends! Today, the gold market is relatively quiet as prices have slightly decreased, fluctuating around $1970 - $1971 per ounce. Gold is facing profit-taking pressure after a recent strong rally. Investors are taking profits as the USD shows signs of strengthening. To challenge the highest level reached on July 20th, which was $1988, buyers will...
Hello dear friends! Today, gold is starting to enter a phase of decline as the upward momentum has been weakening over the past week. It has been three days since gold moved away from the $2000 threshold, and trading is currently experiencing a slight decrease on the 1-hour time frame, reaching a trading level of $1973. So, what are the reasons behind the...
Hello dear friends! The USD/CAD pair continued to decline in today's trading session and is currently at 1.367. The drop in this currency pair is driven by the adjustment of the US Dollar (USD) to its lowest level in a month. However, the increase in US bond yields and escalating political tensions in the Middle East may limit the decline of the USD. This...
Hello dear friends! GBP rose by 0.69% yesterday. The upward momentum has increased, albeit not by much. Today, GBP may test the level of 1.2290 before the risk of a pullback increases. The highest expected level around mid-October, near 1.2340, is unlikely to materialize. Support stands at 1.2225, followed by 1.2200. After dropping to a low of 1.2093 last week,...
Hello dear friends! Currently, EUR/USD is challenging the 1.0600 level after finding new demand in the early Asian trading session on Wednesday. The recovery of this currency pair is reinforced by the pause in the overnight recovery of the US dollar. The next focus for Euro traders is the German IFO survey. On the technical analysis chart, after EU returned to...
Hello dear friends! BTCUSD continues to trade at $33,822, staying near its 18-month high on Tuesday. The world's largest cryptocurrency has surged this week, rising 10% on Monday, driven by increasing speculation that a bitcoin exchange-traded fund (ETF) is soon to be launched. "The development of the ETF market always means a developing market in the context of...
Dear beloved friends, Today, gold concluded its trading session with a significant surge in price. This precious metal has reached a high level of approximately $1932, experiencing a substantial increase of $63.53 in just one day. You may wonder why the price has risen so drastically. Regarding international market information: - Gold prices soared at the...
Dear beloved readers, Currently, BTCUSD is trading at $34,567 and it is becoming more explosive than ever before. As we can see, the interest in Bitcoin ETF has increased on the late of October 23rd, with "positive signs" indicating that BlackRock's ETF has moved closer to approval. Additionally, the US Appeals Court has issued an order requiring the Securities...
Hello dear friends! In recent days, the USD has been weakening and strengthening the EUR significantly. Let's delve deeper into this currency with Karina! The USD has declined against other currencies in the recent trading session, following the decrease in the US Treasury's interest rates, as traders anticipate new economic data from the US later this...