Gold Price Analysis: Anticipating President Trump's Press Conference Market volatility is currently high as investors await President Trump's major press conference on tariffs, scheduled for today, February 13, 2025, in about an hour. Gold has just confirmed another small bullish 60-minute pattern, indicating potential further growth. We may see gold prices...
NZDUSD Technical and Fundamental Analysis Technical analysis: Price tested a very strong resistance zone near 0.5665. Every time it was tested the price move down. The odds are that it can move down more today from this zone to 0.5625 ; 0.5607 and 0.5585 Fundamental analysis: President Trump continues to threat all countries with tariffs. U.S. President Donald...
LTC: Increased Downward Probability Litecoin (LTC) has encountered a robust resistance zone near the 131.00 level for the fourth time. This level aligns with the resistance line originating from the peak of 141.20 on January 15th, 2025. Given the strong reaction at this level, the likelihood of a downward movement appears higher. The chart suggests potential...
EUR/USD: Top-Down Analysis In this video, I've prepared a comprehensive top-down analysis for EUR/USD, along with fundamental insights that may impact the USD in the near term. Technical Analysis: From a technical standpoint, EUR/USD has completed a five-wave upward movement and is currently undergoing an ABC wave correction. I'm closely monitoring for a...
US30: The Short-Term Bearish Trend Persists Today, I provided another update on US30 after it reached our first target. The short-term bearish trend remains intact, suggesting that US30 may continue its downward movement. You may watch the analysis for more details! Thank you:)
GBPCAD Bullish Wedge Pattern: Potential for Further Growth The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today. Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news. The last two candles are both green and...
US30: A Bearish Outlook On Friday, the US30 index moved down following President Trump's announcement to Republicans that he planned to issue reciprocal tariffs as soon as Friday. After the news, US30 experienced an aggressive decline. Today, the market is in correction mode, and given that President Trump mentioned to reporters on Sunday that more tariffs are...
Gold: Poised for Movement Ahead of Chair Powell's Testimony From yesterday's analysis, our price reached all three targets as shown in the chart. Currently, the price is testing a strong support zone near $2,882, and the chances of a rise are very high. However, today marks the beginning of Federal Reserve Chair Jerome Powell's two-day testimony on Capitol...
GBP/CHF in Range Trading Movement: Top-Down Analysis In this video, I explained the trading opportunities the GBP/CHF pair is showing. GBPCHF is seen from a multi-timeframe perspective. I have identified key targets, ensuring there's something for every trader. You may watch the video for further details! Thank you and Good Luck! ❤️PS: Please support with a...
BTC: Poised for a Bullish Breakout as Triangle Pattern Completes Bitcoin (BTC) is on the verge of completing a bullish triangle pattern, signaling a potential upward movement. Currently, the price is testing the resistance zone for the third time, increasing the likelihood of a bullish breakout. Given the current market uncertainty, BTC might experience a...
Dogecoin: Breakout from Strong Structure Zone Dogecoin (DOGE) has broken out from a robust structure zone near $0.2600. This breakout appears solid, suggesting the potential for further price increases from this zone. However, the price may pause as the market awaits Fed Chair Jerome Powell's testimony. The market does not anticipate any new developments from...
EUR/GBP Awaiting President Lagarde's Speech Today, during the opening of the US market, ECB President Christine Lagarde is scheduled to speak. Probably the ECB may respond to President Trump's tariff threats. French Foreign Minister Jean-Noel Barrot has also stated that the EU is prepared to take action in response to Trump's tariffs. If this scenario unfolds,...
GOLD: The Bullish Movement Remains Intact - GOLD is Still Strong In our previous analysis, we observed that gold consistently respected the red zone marked on the charts. The low was reached at 2834, but as I explained, the bullish trend remains strong and intact. Today, the market pushed the price above the red zone, reaching a new all-time high of 2900. The...
Canadian and US Employment Data: A Comparative Analysis Today, two of the world's major economies are scheduled to release their employment data. Bank of Canada is expected to report a Net Change in Employment for January at 25,000, down from 90,900 in the previous month. Meanwhile, the US will release the Nonfarm Payrolls (NFP) data for January, with...
GOLD: GOLD Ahead of NFP Data! Caution Advised Today, we must be careful with GOLD as we await the Nonfarm Payrolls (NFP) report. This report is crucial because it provides insights into potential future decisions by the Federal Reserve (FED). The market expects NFP data to come in around 170,000, down from 256,000 in the previous month. Scenarios: ...
NZDJPY: Potential Double Bottom Pattern NZDJPY has encountered a significant support zone near 85.60, indicating the possibility of a double bottom pattern. The last two days' candlestick formations suggest a strong battle between buyers and sellers within this zone. However, this movement implies that NZDJPY might be poised for further upward...
Solana May Bounce from 176 Based on past analysis, Solana has bounced twice from the blue zone near 176, which corresponds to a very strong support zone on the daily chart. Historically, this same zone acted as a strong resistance. Given this support level's significance, it is likely that the price may rise again from this zone, as illustrated in the...
EURGBP - Anticipating the BOE Decision A few days ago, I posted an analysis on EURGBP, highlighting a strong support zone. Today, we are looking at one of the most significant events of the week: the Bank of England's (BOE) interest rate decision. The BOE is expected to cut rates by 25 basis points, bringing them down to 4.50%. Currently, the market is reacting...