Hello all dear traders! Today, gold price touched 2310 USD, continuing to recover in the corrective trend and increased 0.09% during the day. Uncertainty amid rising US bond yields and a strong US dollar kept gold unchanged from yesterday's session. From the 4-hour chart, technically gold is completing a Falling Wedge pattern. In such a scenario, I would...
Hello dear friends, today EURUSD remains trapped below the resistance level of 1.075 as the US dollar sees a slight uptick. Consequently, the pair seems to be trading subdued compared to yesterday, with market sentiment focused on speeches from ECB policymakers. Looking ahead: EURUSD is trending downwards, with the 4-hour chart indicating that the pair is...
Ondo Finance has never broken this bottom resistance in this multi-tier ascending channel I have been tracking. I admit, my chart is messy and complicated. I have been tracking many patterns here, but all of them are bullish. ONDO has been resilient during this current Bitcoin crash and recovery. The price has continued trading in a range from the.60s to $1....
Recent data and information show that the US Federal Reserve - the Fed is still leaning towards cutting interest rates this year. Especially after the recent NFP employment data showed that the labor market cooled, creating conditions for the Fed to act more easily. However, the US interest rate situation is still quite ambiguous as the markets showed caution in...
Technical Analysis of Stock SOUN Introduction: SOUN, founded by a computer scientist from the dot-com era, has garnered significant attention from investors, including heavyweights like NVDA and Kleiner Perkins. Notably, Kleiner Perkins' backing is a considerable endorsement. The company's innovations, such as AI-powered burger ordering at White Castle,...
TRB/USDT has witnessed a staggering 240% price hike over the last week. But can we expect it to skyrocket further?
Last Close : 28 , Buy Dip Till 20 For The target 45
As you see, the structure of Front's chart is bullish. My target is 8$. If we break 8$, the price goes up in sky...
Place of action and attraction. Piece of Misery and Mystery. Some choose a day, some choose week, some choose months, the end is the channel, but inability to channel one's thoughts and resultant actions. Blame hunting, stops, Algo. Algo is GIGO. It does not do anything that you did not ask for! While short term moves are nothing but noise, there are ways and...
As of the time of writing, the DXY index extended its recovery for the fourth consecutive session, trading around 105.50 and at the same time putting pressure on major currency pairs. In the early morning of May 9, the State Bank announced that the central exchange rate USD/VND increased by 6 VND, currently at 24,249 VND. The reference exchange rate at the State...
AMEX:SPY May 9,2024 15 Minutes. No trade day. Neither the sell below nor buy above was triggered. Uptrend looks like getting sorted out. AMEX:SPY has moved from 503 to 518 levels. And yesterday gap down open after 3 days of gap up did not hold. The first in 15 minutes gap down had close near top of bar and never broke the low during the day. We have 100...
Today, the price of gold is hovering around $2309, showing a downward trend as the US dollar has risen approximately 4% against the basket of six major currencies. Despite the strong global demand for precious metals, particularly in Asian regions such as China, India, and South Korea, the robustness of the USD continues to exert downward pressure on gold...
Many alerts display that USDT will stand at a excessive fee because of the FED`s financial coverage The FED can also additionally postpone financial coverage till May and June But it's also annoying due to the fact inflation reasons the USDT marketplace to range and the Fed is likewise very concerned. The Fed is presently very concerned that inflation can also...
Attention dear Traders! Before you dive into the exhilarating world of trading, where fortunes are made and lost faster than you can say 'bull and bear', remember this: I am not your financial guru, wizard, or psychic hotline. My advice should be taken with a grain (or shaker) of salt, as I'm not a licensed financial advisor Trading is like riding a...
The world gold price is currently trading around 2,310 USD/oz and is still in a short-term sideway phase. It's clear that the USD's recovery due to recent "hawkish" statements by Fed officials is creating certain resistance. According to TD Securities commodity strategist Daniel Ghali: "The market is currently 'waiting for a push' to break out, but the downward...
Attention dear Traders! Before you dive into the exhilarating world of trading, where fortunes are made and lost faster than you can say 'bull and bear', remember this: I am not your financial guru, wizard, or psychic hotline. My advice should be taken with a grain (or shaker) of salt, as I'm not a licensed financial advisor Trading is like riding a...
Many signals show that USDT will stand at a high price due to the FED's monetary policy The FED may delay monetary policy until May and June But it is also worrying because inflation causes the USDT market to fluctuate and the Fed is also very worried. The Fed is currently very worried that inflation may increase again and if it cuts interest rates early, it may...
Last Close : 126.45 , Buy Dip Till 113 For The target 166