BUY ABOVE - 48660 SL - 48540 TARGETS - 48860,49050,49290 SELL BELOW - 48400 SL - 48660 TARGETS - 48250,48110,47990 NO TRADE ZONE - 48400 to 48660 Previous Day High - 49050 Previous Day Low - 48400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Dear traders! EUR/USD is gradually approaching the 1.0900 level, with the prospect of further activation of the classic "bull flag" technical pattern in the medium to long term on the 2-hour chart, which is generally unlikely avoid further price increases in the near future. Amid shifting sentiment, sustained weakness in the US dollar and upbeat mood contributed...
Dear traders! Gold prices today continued their upward trend with spot gold increasing by 15 USD to 2,350.7 USD/ounce. Gold futures last traded at 2,352.5 USD/ounce, up 18 USD compared to yesterday morning. The yellow metal price increased slightly at the beginning of the week as investors expected an important inflation report published later this week that...
... for a 1.39 credit. Comments: Targeting the 52 week low on weakness here after taking off a rung in September.
BUY ABOVE - 49290 SL - 49050 TARGETS - 49480,49670,49850 SELL BELOW - 49050 SL - 49290 TARGETS - 48800,48620,48460 NO TRADE ZONE - 49050 to 49290 Previous Day High - 49480 Previous Day Low - 49050 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22950 SL - 22900 TARGETS - 23000,23100,23180 SELL BELOW - 22850 SL - 22900 TARGETS - 22780,22710,22640 NO TRADE ZONE - 22850 to 22950 Previous Day High - 23000 Previous Day Low - 22850 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
chart and data says downtrend to sideway market vix is 25 strong buying happened some profit booking is expected Trade plane some one might plan to see call options above 49200 to 49500 Level But as usual nothing is concrete so plan accordingly,
Dear traders! Overall, EURUSD experienced significant price gains yesterday with a breakout from falling wedge resistance amid a generally positive backdrop as the US Dollar (USD) struggled to maintain its strength and helped the pair partially erase weekly losses. Currently, at the end of this week's trading session, EURUSD has paused at 1.0845 and it seems that...
Dear friends, let's discuss and strategize for today! The EUR/USD pair traded in positive territory for the second day in a row around 1.0850 during early Asian trade on Monday. A stronger-than-expected Eurozone preliminary purchasing managers index for May provided some support for the Euro. In case EURUSD continues to hold this high and confirms the 1.0842...
Currently, gold is on a strong recovery path, reaching 2,354 USD, about 15 USD higher than the same time yesterday. This upward momentum is supported by the weakness of the US dollar. The DXY index fell nearly 0.1% from 104,747 to around 104.64 points, creating favorable conditions for this precious metal. In the short term, gold's target remains the 0.5 - 0.618...
Dear traders! World gold prices tend to increase with spot gold increasing by 2.4 USD compared to last week's closing level to 2,335.7 USD/ounce. Last week, world gold prices continuously "plunged" after breaking all the records conquered in April. Kitco News's latest weekly gold survey results showed that more than three-quarters of experts believe gold prices...
BUY ABOVE - 49480 SL - 49290 TARGETS - 49670,49850,50000 SELL BELOW - 49290 SL - 49480 TARGETS - 49050,48800,48620 NO TRADE ZONE - 49050 to 49670 Previous Day High - 49670 Previous Day Low - 49050 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22960 SL - 22910 TARGETS - 23020,23100,23180 SELL BELOW - 22910 SL - 22960 TARGETS - 22850,22780,22780 NO TRADE ZONE - 22910 to 22960 Previous Day High - 23100 Previous Day Low - 22910 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Last week, the gold market witnessed a significant decline and seems likely to continue to correct this week. Gold prices opened the session stable at around 2,340 USD and remained stable in the early hours of the Asian trading session. Gold prices reached a record high of 2,450 USD/ounce early last week before the market reacted to news of the tragic accident...
Dear traders! As Ryder mentioned in last week's analysis, EUR is currently in a corrective recovery phase, receiving support at $2328. However, overcoming the $2375 resistance seems challenging and remains on target. Currently, XAUUSD is trading steadily below immediate resistance at $2355 and there are no signs of a reversal in the pair's trend yet. It seems...
Dear traders! GU is trading around 1,274, showing little change from late last week as it entered a short-term consolidation phase. It completely convinced me to buy in the medium to long term as it completely confirmed the break of the falling channel resistance and the strong increase so far at. Personally, I still maintain and believe in a buy target towards...
The EUR/USD pair is trading in a local uptrend, which can be recognized by looking at the previous green 1W candle. On the 6H time frame, this pair is going down however the BB indicator is showing a sideways trend after expanding. Therefore, we are looking to buy a pair with the lower BB line acting as support. The next target is the 1.088 area.
Hello traders, hope you like this trading idea. In the coming days, I think we will likely see a short-term uptrend in EURUSD to the indicated level, so with a suitable trigger, we can open a long position. and finally tell me what do you think? Up or down? Leave your comments below. If this article is useful to you, please like and share with your friends. Thank.