Hello everyone, Brian here. Yesterday, GBPUSD continued its downward trend, closing the session around the 1.264 level after breaking through the marked support on the chart. The bearish momentum is expected to persist as trading resumes, with the price remaining below both the EMA 34 and EMA 89, and the EMA 34 still indicating a downturn. Have a great weekend, everyone!
Hello Everyone ! Gold prices have slipped to $2,320, retreating from their two-week high of around $2,368, seen during early Asian trading on Monday. This drop follows the stronger-than-expected U.S. Purchasing Managers’ Index (PMI) released last Friday, which has put pressure on the precious metal. On the technical front, gold has hit the lower boundary of its...
Hi Everyone In the short term, EUR/USD is hovering around the 1.068 level and appears to be in a sideways consolidation phase. However, there’s a strong indication that the "Cup and Handle" pattern is forming, which suggests a potential for further downside movement. Given this setup, the bias remains towards selling opportunities. Happy trading! Feel free to...
Hey GBP/USD Enthusiasts! What’s up, traders! Today, we’re watching GBP/USD dance around the 1.264 mark. The outlook remains bearish, and here’s why: According to the Bollinger Bands, the price is hugging the lower band and the bands are widening – a classic sign that selling pressure might continue. What’s your take? Do you think the pair will keep dropping? Drop...
On a calm Wednesday trading session, GBP/USD made a solid push above the 1.2700 mark. Traders are now gearing up for the Bank of England’s latest announcement on Thursday. The central bank is widely expected to maintain interest rates at 5.25%, despite the UK's economic data continuing to fall short of targets. However, the numbers haven't been dire enough to stir...
XAU/USD is moving sideways and fluctuating around 2,324 USD/ounce. After a volatile week, the world gold market is expected to stabilize this week with few important new data released. The most awaited information by the market is the core PCE index report expected to be published at the end of the week. This report is expected to create strong volatility in the...
#CTSI/USDT #Analysis Description --------------------------------------------------------------- + The price has reached its long-term support line, but a reversal has not yet been observed. + If the weekly candle closes above our support line, we can expect a possible reversal. + We will enter a new long trade after this weekly candle closes, but only if it...
#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is currently trading around the support zone, and the support is holding strong. According to Scenario 1, I expect the price to bounce back from this support zone. + Scenario 2: If BTC loses this support, the next support is around 60K. If BTC reaches this...
BINANCE:OPUSDT (1W CHART) Technical Analysis Update OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then...
BINANCE:ICPUSDT (1W CHART) Technical Analysis Update ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down If the weekly candle closes below...
Euro zone had made many financial plans to strengthen the economy. And our last analysis for eurusd was perfect with hitting target and earning good returns. the next week week expect a major upward movement for eurusd as dollar index is also expecting a downfall retracement from its upward movement which will inturn boost euro zone and weaken dollar. bullish...
Eurusd now trading at 1.0744 is now showcasing a rising wedge bearish pattern, the major resistance point of 1.0755-1.0765 can become a potential reversal point. the current economical crisis happening in Europe along with major financial scenario of petrodollar issue can make euro crumble a bit comparing to us dollar. we expect a bearish fall till 1.0720 and...
we anticipate a long term buy for crude oil based on the following analysis of crude oil which is an amalgamation of both fundamental technical analysis. WTI crude oil continues its upward trajectory, with hourly prices testing the upper bounds of the ascending channel. If the short-term ceiling holds, prices could still experience a rapid pullback. The 38.2%...
What if I say the bull run hasn't started yet? It was just a Bitcoin run. Altcoin bull run (2024-25) will start very soon! Retail is now panicked because they think bull market is over! Market will only continue to go down. That's what they think before the real bull run starts. ETH is the king of ALT coins. Both the 2016-17 & 2020-21 ALT bull run started...
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Upcoming week on Wednesday we will see result of CPI...
BTCUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long BTCUSD Entry Point - 64267 Stop Loss - 63024 Take Profit - 66607 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, TESLA looks like it will make a good move, and here are the details: The market is trading on 182.99 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 178.20 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
ok, I need to describe the damn thing, I came in, I just believe in the high season now (I will duplicate the description in coins that I will take)