The AUDUSD price movement on the daily chart has broken through a strong resistance zone, signaling potential bullish momentum. Following this breakout, we can expect the price to retest the 0.67000 level before continuing its upward trajectory towards the 0.68000 level. Traders are closely watching for this retest as a confirmation of the breakout, providing a...
BTCUSD Weekly Chart Forms 'M' Pattern: Price Target Set at $67,000 The BTCUSD price movement on the weekly chart has formed a distinctive "M" pattern, indicating potential bullish momentum. Based on this pattern, we can expect the price to rise from the current level of $56,000 to a target of $67,000. This pattern suggests a strong possibility of upward movement,...
Gold prices have recently seen a successful breakout above the critical level of $2340, setting a new target at $2430. Traders are now closely monitoring the market, anticipating a potential retest of the previous support level at $2340. This retest is seen as an opportunity to take a long position with lower risk, leveraging the support level as a buffer against...
NZD/USD is currently facing a strong resistance zone, which has historically acted as a significant barrier. A rejection from this supply level is expected, potentially leading the pair down to a demand or support level. Divergence on lower time frames provides additional confirmation of this potential move.
Gold has found short-term support near 2300 and has rebounded, currently trading around 2330. Major indicators suggest that the bullish momentum has not been fully exhausted. There is a high likelihood of another upward movement in the US market today or early next week, with strong resistance expected around 2352. At that point, the bullish momentum may wane,...
Let's examine the current situation of the USD/JPY currency pair in light of the recent surge in Japanese producer inflation. Producer inflation in Japan has risen more than expected, reaching 2.4% in May from 1.1% in April. This increase is primarily due to higher fees for renewable energy, which consumers pay for greener electricity. Initially, the Japanese...
The XAUUSD chart represents the price movement of gold (XAU) against the US dollar (USD) in the financial markets. Analyzing the XAUUSD chart provides insights into the performance and trends of gold prices in relation to the US dollar. In the given analysis, it is predicted that the price of gold will likely reach $2000 USD over the upcoming weekend. This...
Overall after some positive movements (26000-29000) #BTC will prepare to go to 12000-10000. Large investors will not enter this market before 12000-10000.
BTC will be Hit 10000 USD within 2024. Best time is investment on 2024 FEB to JUN
Cardano (ADA) next target $2 USD ?? Full Cardano decentralization expected in March Developers could activate smart contract-free tokens with Cardano decentralization. Many more update upcoming
Fundamentally and technically BTC price will be reset the support zone 30000-25000 USD.
XLM Can touch 0.80 to 1 USD within Jun on this year 2021
Investors Believes BTC start going to long run. Keep Buying
History will repeat with BTC price. Next Pump will be hit 21k
Crypto market looks well. Now focused on altcoin.