Hello traders! EurUsd has wasted no time and is seeing some buying pressure to kick off the week. We are 31 pips from the previous weeks high price as the Eur is being bought ahead of next week's Interest rate announcement by the ECB. Apparently the central bank will be cutting rates and so the market is moving on a "Buy the Rumor and Sell the news " sort of flow....
All the major markets are testing their upper band channels since their first major hump in the 90s. The Russell 2000 has reached its second hump and is on the way down. Though the Russell 2000 is the least known among the four indices, it serves as a leading indicator for the other three. Why? The Russell 2000 comprises 2000 mid-sized listed companies, which...
GameStop shares ( NYSE:GME ) surged 20% on Tuesday after the video game retailer successfully sold 45 million shares worth roughly $933.4 million, capitalizing on a recent meme rally in its share price. The sale helped the company capitalize on a recent social media-fueled meme rally that saw the stock soar around 135% over a two-day period earlier this month....
Notcoin ( GETTEX:NOT ) has experienced a significant price surge, with open interest reaching over $100 million and short liquidations exceeding $4.4 million. This surge coincides with the increasing popularity of Notcoin ( GETTEX:NOT ), a play-to-earn Web3 game hosted on Telegram, which allows users to convert their in-game currency to GETTEX:NOT tokens. The...
World gold price (XAU/USD) yesterday increased more than 25 USD to a high of 2,358 USD. Although expectations about the Fed cutting interest rates recently have many negative changes, gold has a lot of momentum and one of the measurements is that the world geopolitical situation is becoming more complicated with military conflicts. There is increasing tension...
Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action if price rejects from trendline + liquidity zone + institutional big figure 0.56000. Like, comment and subscribe to be in touch with my content!
#NVDA update: #Wallstreet back online after holidays with a familiar trend. As major chipmaker stocks significantly outperformed the broader market. Nvda stocks surged over 6% ->1.128, reaching New ATH. ( #ElonMusk xAI plans to build supercomputer fuel by #nvidea chips ) NVIDIA keeps on producing incredible results. We got ourselves another gap up to the...
The AUD/USD pair saw upward movement on Monday, benefiting from the subdued activity in the US markets due to the Memorial Day holiday, which left the Greenback weaker. This rise extends Friday’s recovery into a second consecutive day, providing some momentum for the Aussie dollar. Economic Indicators to Watch Australian Retail Sales and CPI Data: Tuesday:...
Gold technical analysis Daily resistance is 2370, support below is 2327 Four-hour resistance is 2370, support below is 2327 Gold operation advice: Yesterday, the overall price of gold stabilized above 2330 in the short term. However, the current hourly line and 4-hour chart are still in the downward rhythm of short pressure. The 4-hour level still sees a...
"Long idea on gold, use only 5% of the deposit for the trade, no more, as the trade is somewhat risky in case of a stop loss due to a buy zone below in the form of an order block at 2317. I will re-enter, with the same targets, but you can set the stop loss as you wish.! The idea was published earlier but was blocked due to rule violations, and the entry and stop...
💎Paradisers, the recent activity around #FLOKIUSDT is definitely worth noting. #FLOKI has broken out of a bullish flag pattern, indicating a likely continuation of the upward trend. The volume indicator is also showing strong momentum, reinforcing the idea of a bullish reversal. 💎 This retest phase often follows a breakout and provides a good opportunity to...
CRYPTOCAP:FLOKI gained 20% yesterday, indicating that its previous consolidation phase has ended. Are we going to see more uptrend? What do we know? CRYPTOCAP:FLOKI has a motivated team with a roadmap to become the most traded crypto in the world! CRYPTOCAP:FLOKI has just been listed on Coinbase perp futures, similar to CRYPTOCAP:BONK and $PEPE. This...
Is Tesla Set for a Bullish Ride? 🚀 With Tesla's stock showing signs of a potential uptrend, investors are wondering if this could mean big gains ahead, maybe even a doubling in value. Here's the rundown: 👍 Tesla fans are excited about: • Cool Innovations: Tesla's new Cybertruck production line is getting attention for its smart design, making manufacturing...
This strategy involves capitalising on price divergences that revert to their mean over time. Currently, key indices and interest rates indicate a strong setup for this strategy: JXY (Japanese Yen Index): The JXY is down almost 3.4% from its previous lower high. DXY (US Dollar Index): The DXY is up over 4% from its previous higher high. Interest Rates: US...
#Altcoins start moving. #Bitcoin Dominance is about to drop and #Altseason about to start. 🚀
GOLD nowadays is going for walks above the 235x zone. With this rhythm, on body D1, I see that the candles are going for walks absolutely above the MA. In addition, as on Zoom final night, I additionally stated that Gold will without difficulty react barely with the parallel resistance location at 2356>2360. >If at this Beat Gold will increase strongly thru this...
Fundamental Outlook: Current Australia Interest Rate: 4.35% (Weaker compared to USD) Current US Interest Rate: 5.5% (Stronger compared to AUD) Based on the interest rate difference, AUDUSD is bearish. The following upcoming news events and data releases are crucial to watch, as they may impact AUDUSD's trajectory: May 27, 2024: Bank Holiday (low market activity...
GOLD buy position for geofund news and inflation . SL : 2338.84 ENT : 2362.50 TP 1 : 2380.16