Hello TradingView Family / Fellow Traders, As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher. Currently, BTC is hovering around the upper bound of the range. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the upper bound of the range at $72,000 is...
Hello everyone, As predicted yesterday, gold has undergone a pullback to the 2375 USD level after needing some consolidation. Recently, gold has been significantly impacted by the Fed's hawkish policy stance. Despite these fluctuations, gold continues to be regarded as an effective investment asset due to its role in hedging against inflation and diversifying...
The EUR/USD exchange rate declined on Wednesday after the latest Federal Reserve (Fed) meeting minutes revealed that the Federal Open Market Committee (FOMC) remains steadfast in waiting for more evidence that inflation will decrease to 2%. This has lowered risk appetite, as investors continue to hope for dovish signals from the US central bank. EUR/USD is...
The GBP/USD pair extended its gains near the 1.2720 level during early Asian trading on Thursday. This rise was supported by hotter-than-expected UK CPI inflation data, which reduced the odds of a rate cut by the Bank of England in June. However, the short- to medium-term trend remains largely consolidative, awaiting further data and new support to propel a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green. Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting massive demand zone marked in red. 🏹 ...
In my last BONK analysis I discussed the bull-flag pattern and the expected reversal from the support. The trade was a great success, congratulations! Since we broke through the resistance on high volume, I'm expecting that BONK will make a move towards the 5000 area (March top). If BTC manages to make a new all-time high in the near future it can mean that...
BNB Analysis and Signal on 4H 🔵Entry Zone 592.8 - 601.9 🔴SL 566.36 🟢TP1 635.00 🟢TP2 674.00 🟢TP3 695.00 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
Gold prices decreased because US government bond yields increased after the Fed meeting minutes. Gold prices fell sharply when US government bond yields increased and the greenback appreciated. The 10-year US government bond yield increased 2 basis points to 4.43%, while the DXY index increased 0.19% to 104.82, an obstacle for gold. FOMC minutes showed that Fed...
After a month of trading below the diagonal purple resistance line, AVAX has finally broken out. The break out was accompanied with high volume, further reinforcing the bullish narrative. My expectation is that there's going to be some kind of altseason in the coming weeks, boosted by Ethereum's ETF optimism. For now, the signal on chart is my bet.
Closing the trading session on May 22, spot gold price decreased 1.8% to more than 2,377 USD/ounce after hitting a historic high of 2,450 USD/ounce on May 20. Calculated from the intraday high of 2,426 USD/ounce, spot gold price has decreased by about 50 USD/ounce. Gold futures contracts also decreased 1.4% to nearly 2,393 USD/ounce. As of the time of writing,...
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: As we can see here price is in a range for the last couple of weeks. I have 2 scenarios here, if price rejects from resistance I expect downside move to support, but if price breaks the resistance with bullish candle on daily, I will look for a buy. Like, comment and subscribe to be in touch...
Hello TradingView Family / Fellow Traders, 📉 AEVO has been overall bearish trading within the falling channel in red. 📈 For the bulls to take over, leading to a movement towards $2, a break above the upper red trendline and $1 round number is needed. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All...
Gold prices today have seen a slight decline as expected if gold surpassed the 2375 USD mark. Currently, the precious metal is hovering around 2364 USD, down 0.60% for the day with a drop of 150 pips at the time of writing. Gold is healing its wounds after reaching a five-day high, now sitting below 2370 USD, weakened by the May policy meeting minutes from the...
Detailed Analysis of #UNIUSDT Time Frame: 1 Day (1D) Overview UNI/USDT has recently experienced a decending triangle pattern breakout and is currently positioned at a major support level. These conditions suggest a potential bullish move of up to 60% in the coming days. Key Elements decending trinagle Pattern: The continuation pattern that forms after a strong...
Based on historical trends and current market conditions, XAU/USD is likely to be bearish for day trading with a starting price of 2414.44. Traders should monitor real-time market dynamics and economic data releases for potential price movements throughout the upcoming week. Entry: 2414.44 SL: 2422.72 Target 1: 2370.95 target 2: 2332.10 #Xauusd...
Gold prices are currently following a five-week upward trend, suggesting strong potential for 'buy-the-dip' trading opportunities in gold. However, for a sustained bullish trend to begin, gold needs to close above the wedge resistance at $2,450, which is an all-time high for the metal. Regaining this level could propel prices towards the $2,500...
UNI Analysis and Signal on 4H 🔵Entry Zone 8.536 - 8.225 🔴SL 7.553 🟢TP1 9.098 🟢TP2 9.948 🟢TP3 11.312 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
A bad home sales report (but record April home prices) combined with falling traffic and smaller spending data from Target cast an early shadow on the markets but it was the FOMC Minutes that did the trick. big waves with their more hawkish comments. For any and all that say "yeah but they're old, we've had CPI and Retail Sales since then", see the chart below to...