Hello Everyone, If the price remains above the 1-day and 1-week pivot points, an immediate upward movement is anticipated for EUR/USD. However, failing to sustain this level would likely lead to further downward movement as the next logical progression. TradeWithTheTrend3344
Hello Everyone, The price of XAUUSD has recently reached a new low for both the one-week and one-month periods, settling at 1984.30, just above the three-month low of 1965.455. However, it's important to maintain perspective: when analyzing the daily timeframe and extending out to the yearly perspective, gold remains a strong buy. While it's true that gold is...
Hello Everyone, The NAS100 is currently experiencing a robust bullish trend, indicating its strength and health in the market. However, caution is advised as we approach all-time highs, as there may be some turbulence ahead. TradeWithTheTrend3344
Hello Everyone, The long-term bullish trend of the S&P 500 persists, though short-term fluctuations should be anticipated. TradeWithTheTrend3344
Hello Everyone, Once again, we're witnessing strong bearish signals in the LTC/USD market. The price has consistently found support around the monthly pivot point (PP), indicating its significance. If the weekly pivot point also proves to be a reliable support level, we could see a bullish continuation. However, failure to hold at the weekly PP might lead to...
Hello Everyone, The BCHUSD pair is nearing its 1-year high of 329.71, indicating a potential resistance level ahead. We are currently monitoring the daily support levels to gauge the market's stability. Despite this, the overall outlook remains bullish for BCHUSD, suggesting long-term growth potential. TradeWithTheTrend3344
Hello Everyone, Anticipate the bullish momentum to extend further, but stay alert for potential resistance. TradeWithTheTrend3344
Hello Everyone, The BTC/USD pair has recently surged to reach this year's peak at $50,394.50, marking a significant milestone. However, significant resistance looms ahead, particularly around the $57,404 mark. As a result, short-term fluctuations are anticipated, though the long-term outlook remains decidedly bullish. TradeWithTheTrend3344
Hello Everyone, Despite NZDJPY nearing its one-year previous high at 91.871, the projected trend remains strongly bullish and is anticipated to continue persistently. TradeWithTheTrend3344
Hello Everyone, Anticipate resistance within the 160.841-162.711 range, while the overall projection continues to favor a bullish outlook. TradeWithTheTrend3344
Hello Everyone, We're progressing as expected with our forecast, but we're facing significant resistance within the range of 97.632-96.694. Stay vigilant! TradeWithTheTrend3344
Hello Everyone, The current test of the 1-month resistance structure in USDCAD will reveal its strength amidst significant shifts in projection due to US CPI news. With the trend strongly bullish, focus should be on how the price reacts at the end of this resistance structure. TradeWithTheTrend3344
Hello Everyone, Currently, the NZDUSD pair is testing the 1-month support structure , which may find support within the range of 0.603825 to 0.59403. There is a significant possibility of a reversal at this juncture. Further observation over time will provide a clearer understanding of the situation. TradeWithTheTrend3344
Hello Everyone, We've reached the lows of AUDUSD across the 1-day, 1-week, 1-month, and 3-month time range. Presently, the trend indicates a strong bearish sentiment. However, despite this bearish tone, on higher timeframes, AUDUSD appears to be maintaining a neutral stance and isn't oversold. We could either witness a reversal from this current position or a...
Hello Everyone, At present, we anticipate an imminent shift towards bearish momentum as bullish trends are noticeably decelerating on the daily timeframe. However, it's worth noting that USDCHF is presently exhibiting overbought conditions on a daily interval. It's prudent to exercise caution given that the price has recently closed above the yearly Pivot Point...
Hello Everyone, To be unequivocal, the bearish trend remains prevalent for GBPUSD, albeit showing signs of gradual transformation. The emergence of upside potential is becoming increasingly evident and should become clearer shortly. TradeWithTheTrend3344
Hello Everyone, At this juncture, the potential for further upside in USDJPY cannot be disregarded before a potential downside movement, given the prevailing indicators. The long-term trend remains bullish. We will adopt a patient approach and monitor price action throughout the upcoming week to assess developments. TradeWithTheTrend3344
Hello Everyone, It's highly probable that the EUR/USD will continue to decrease until substantial news emerges to reverse the trend. Currently, the weekly support levels have been resilient. Yet, there's skepticism about their ability to sustain, and only time will tell how the situation unfolds. TradeWithTheTrend3344