Hello Everyone, The recent week has presented considerable difficulties for AUD/USD. The current trend is distinctly bearish, and unless there's a successful closure above the daily Pivot Point with sustained presence, it appears that we might see a test of monthly support levels, extending potentially to yearly support. Only time will reveal the market's...
Hello Everyone, Currently, our focus is on the occurrence of a crossover and lock above the daily Pivot Point (PP), indicating an immediate upward momentum. Presently, there is an accumulation of Pivot Points, and only time will reveal whether they will serve as support or resistance. It is advisable to adapt your strategy accordingly and prioritize...
Hello Everyone, The comprehensive analysis of USD/JPY indicates that the projection remains unchanged from last week, contingent upon the condition that the price remains above the 1D Pivot Point. In such a scenario, further growth is anticipated. TradeWithTheTrend3344
Hello Everyone, The potential for a continued decline in EUR/USD exists if it fails to maintain a position above the daily pivot point (1D PP). In such a scenario, there is a likelihood of testing both monthly and yearly support levels, unless the daily pivot point effectively acts as a support. Upon the establishment of a robust support structure, it is...
Hello Everyone, Our primary emphasis is on maintaining a price level above the daily pivot point (1D PP). In the event that the price falls below the yearly pivot point (1Y PP), there is a possibility of witnessing a more substantial decline towards robust monthly support levels. It's crucial to note that the long-term trend remains bullish. TradeWithTheTrend3344
Hello Everyone, Our earlier prediction for USD/CHF remains applicable for the upcoming week. Presently, the price is situated below the Daily Pivot Point (PP) and is nearing the Weekly Pivot Point. Should this level function as resistance, we anticipate a continuation of downward movement. TradeWithTheTrend3344
Hello Everyone, Copper has shown great promise depending on how the price reacts around 1M and 1Y PP will show us what the price will potentially do next ! TradeWithTheTrend3344
Hello Everyone, The current market sentiment for AUD/JPY indicates a preference for risk-on conditions. The currency pair has reached its highest point in the past week and month. However, when analyzing the 4-hour time frame, there is a possibility of a short-term correction being anticipated. TradeWithTheTrend3344
Hello Everyone, The NAS100 has recently achieved new record highs across the board, reaching a one-year peak at 17,354.01. While it remains a robust buy, caution is advised as it currently holds a significantly elevated overbought rating, suggesting the possibility of a short-term correction in the near future. TradeWithTheTrend3344
Hello Everyone, The SP500 has reached its highest point in the past year (1D - 1 Year high), but there is an anticipation of a retest of lower support levels. Despite this short-term expectation, the long-term projection remains bullish. TradeWithTheTrend3344
Hello Everyone, The outlook for ETH/USD in the long term suggests a favorable buying opportunity, as the overall trend remains strongly bullish. Despite being overbought, this condition appears reasonable. Our attention is directed towards the price consolidating convincingly above the weekly (1W) and daily (1D) pivot points (PP). TradeWithTheTrend3344
Hello Everyone, Our current emphasis for BTC/USD is on maintaining a price level above the 1-month and 1-day pivot points (PP). This would indicate a potential upward trend towards the weekly pivot point (1W PP). Depending on how the price responds around the 1W PP, we may witness further upward momentum or a potential downturn. TradeWithTheTrend3344
Hello Everyone, The market has achieved a peak at 1.35420, and there appears to be potential for a downward movement. It's important to note that the previous one-year low was at 1.309275. Despite the current conditions, there is a bullish trend on longer time frames that is anticipated to continue. It is crucial to closely monitor how the price behaves around...
Hello Everyone, The three-month low is recorded at 0.577335, coinciding with a newly established monthly low of 0.608825. Considering the anticipated weakening of the USD in the coming future, there is potential for an upward trend. An initial sign of this would be the ability of the price to remain above the 1D PP. TradeWithTheTrend3344
Hello Everyone, The 1-day, 1-week, and 1-month lows were reached at 0.656535, with the 3-month low resting at 0.62702. Moving forward, we anticipate an upward trend, which will be confirmed once the price surpasses the 1-year, 1-month, and 1-week pivot points (PP). It is crucial at this juncture for the price to remain above the daily pivot point. It's noteworthy...
Hello Everyone, The USDCHF has recently achieved its highest level in the past day, week, and month, reaching 0.87047. Anticipating a shift in the trend, there is a potential for a retest of the monthly and weekly pivot points, as well as the support structure. TradeWithTheTrend3344
Hello Everyone, GBP/USD has recently reached its lowest point in the past day, week, and month, recording a value of 1.25966. The six-month low stands at 1.20374, and the one-year low at 1.180275. Currently, there is anticipation of a bullish market shift. To confirm a bullish trend, we are actively monitoring for a sustained position beyond the one-month and...
Hello Everyone, The current price has reached its daily, weekly, and monthly peak at 148.806. Meanwhile, the highs for the 3-month, 6-month, and 1-year periods stand at 151.91. If we observe a price point demonstrating confidence above 148.80, it could signal further upward momentum towards 151.91 and 154.607. Failure to sustain above 148.80 may indicate an...