TradingForecast_Signals

TradingForecast_Signals Updated 

It's great to see you all again and discuss USDJPY today, promising to be a highly effective strategy. Overall, USDJPY has demonstrated its strength with a remarkable breakout above 146.75, completely breaking free from the sideways trend and ending the previous strong uptrend. It's an impressive move from the bearish side up until now. Currently, this currency...

TradingForecast_Signals Updated 

Currently, USDJPY is displaying a sideways trend on the chart. There are two important levels to note: resistance at 148.15 and support at 147.28. The market is currently cautious, especially with upcoming policy announcements from the Fed, which could potentially increase the value of the US dollar, even though US bond yields are weak. Additionally, the bleak...

TradingForecast_Signals Updated 

The price of Bitcoin is currently on an upward trend since last Thursday. BTC reached its highest point in two weeks at $43,990 before undergoing a correction. At the time of writing, BTC is trading at $43,374. Looking ahead, BTC faces a resistance level in the range of $43,870 to $45,562, which could lead to a further price drop. In the event of a decrease, the...

TradingForecast_Signals Updated 

BTCUSDT continues to experience slight decline on Thursday, trading around the $42,000 mark. The weakening trend has not yet ended as BTCUSDT shows signs of convergence between resistance and the 34, 89 EMA lines. Sellers are currently targeting the nearest profit-taking level at $41,700. If this level is broken, it could open up more opportunities for sellers...

TradingForecast_Signals Updated 

Dear friends, The delayed recovery of US bond yields and the greenback has pushed gold prices further away from their previous highs, reaching a new two-week high around the $2050 per troy ounce mark. The 4-hour chart also supports the upward trend. Technical indicators are higher and maintain a strong upward momentum in the positive territory. Furthermore,...

TradingForecast_Signals Updated 

Hello dear friends! Today, GBPUSD continues its sideways movement with little change from the beginning of the week. On the daily chart, GBPUSD still maintains its upward trend, but any significant breakout from this trend could lead to a considerable price decrease. Holding onto this upward momentum and establishing 1.6365 as a new support level, our target of...

TradingForecast_Signals Updated 

EURUSD continues its losing streak this week, with the price of this currency pair trading around the 1.081 level and struggling to find any significant support on the chart. The primarily influencing factors are market news and investor sentiment, along with the volatility of the USD. The strengthening of the US dollar seems to have sparked some downward...

TradingForecast_Signals Updated 

Dear friends! Today, the price of gold continues to hold at $2035 in the early hours of Wednesday's trading session and is still limited below the resistance level of $2040, despite having the opportunity to rise steadily to $2048 yesterday but failed to close above that resistance level. However, the long-term upward momentum of XAUUSD is still...

TradingForecast_Signals Updated 

Dear friends, Today, January 30th, is still a quiet trading day for GBPUSD. It is currently hovering around the 1.271 level, with an unclear trend as it continues to hold a sideways pattern and mainly moves around the EMA 34 and 89 lines, converging. The cautious market sentiment at the beginning of the week has helped the US Dollar (USD) remain strong against...

TradingForecast_Signals Updated 

Dear friends, currently, the EUR/USD pair is recovering some of the points lost below the 1.0800 level in the early trading hours in Asia on Tuesday. The recovery of the major currency pair is driven by the modest decline of the US dollar and lower US Treasury bond yields. In the short term, there are expectations of an increase, but when looking at the...

TradingForecast_Signals Updated 

Hello dear friends! Currently, in today's trading session, the price has completely escaped from the previous parallel downtrend channel. At the time of writing, precious metals are still below the supply zone of $2,038-2,042 and are trading within the familiar range, with the last support level at $2,015 that needs to be protected by the price increase. In the...

TradingForecast_Signals Updated 

Hello everyone, I wish you a new day full of energy! Today, the price of gold has experienced positive growth, currently trading around $2030, an increase of $12 compared to the previous day. This price increase is largely driven by the demand for financial security, especially with concerns about the tense situation in the Middle East, leading to a strong...

TradingForecast_Signals Updated 

At the start of the new week, BTCUSDT continues to show strength with a sustained price increase since the previous weekend. Currently, the price is trading around 42,330 USD and has risen by over 300 USD in today's trading session. This week, there are several important macroeconomic and cryptocurrency events. Let's explore which key altcoins might have a trend...

TradingForecast_Signals Updated 

As expected, USD/JPY continues to hold losses below 147.50 amid a weaker US dollar. The currency pair has rebounded from its lows but remains below 147.50 in early trading on Tuesday. The Japanese Yen is attracting some safe-haven flows due to deepening geopolitical tensions, while the US dollar remains weak as the Fed's decision has significantly weighed on...

TradingForecast_Signals Updated 

Last week, EURUSD did not receive much support as the main trend was downwards, breaking below the psychological support level of 1.090. This common risk aversion sentiment, fueled by escalating geopolitical tensions in the Middle East, has led traders to favor the US Dollar (USD), putting downward pressure on the EUR/USD pair and trading at a low around 1.083...

TradingForecast_Signals Updated 

USDJPY opened today's session with a slight decrease, trading around the level of 147.75 and losing 0.25% during the day as it remains in a corrective wave, although still in an upward trend in the short term. Therefore, the Japanese Yen attracts some safe-haven flows amidst deepening political tensions. The USD remains stable below monthly highs and may support...

TradingForecast_Signals Updated 

Dear friends, in today's trading session, XAUUSD is showing signs of an upward movement within a price decline. At the time of writing this article, the price is trading around the range of 2025 - 2027 USD, marking a 0.39% recovery and an approximate increase of 8 USD. It can be seen that over the past two weeks, the global gold price has experienced slight...

TradingForecast_Signals Updated 

Hello dear friends! Today, gold continues its downward trend. It can be seen that the recent actions of the Fed have been less accommodating, indicating that interest rates may continue to rise and the USD will become even stronger. This will be unfavorable for the gold market. Therefore, it is not surprising that we are quite optimistic that gold will not have...