Gold price has fallen bellow key support after hawkish central bank comment. On the daily charts, the rebound at the beginning of the month was feeble, retracing only 38.2% of the May decline. A measured price objective of the May downswing, points to a fall toward the 200-day moving average (now at about 1852). Strategy: short:1910 Stoploss 1930 target-1 1890...
Nasdaq Composite futures facing downward pressure after struggling to maintain positive momentum from last week. Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especially if Fed Chair Powell’s tone later Wednesday is hawkish. However, any retreat is likely to be short lived given improved...
The US Federal Reserve kept interest rates unchanged on Wednesday but indicated that the hiking cycle is not over and that rates may need to rise by as much as 50 basis points on slower-than-expected moderation in inflation and resilience of the US economy. The market, however, doubts the Fed’s trajectory of interest rates, with pricing showing a less than 100%...
Correction and profit booking continue as price drop from 31000 high level and soon to enter into fifth bullish waves Bitcoin expected to touch high from previous level. Follow me to get more analysis and learning material stay long from 24250 level Good luck
The Federal Reserve is expected to leave interest rates unchanged later today but may warn that, data-dependent, interest rates may rise further in July as part of the central bank’s ongoing struggle with inflation. Recent inflation data, both consumer and factory, edged lower last month but still remains far too high for Fed chair Jerome Powell. Trade...
Fundamental Gold prices fell slightly on Monday, sticking to a tight trading range seen over the past three weeks as markets turned cautious ahead of upcoming U.S. consumer inflation data and a Federal Reserve meeting. Expected Inflation CPI m/m 0.2%, CPI Y/Y 4.1%. Trade Strategy: Sell 1968 to 1965 range, SL-1972 TP-1950 Tp-1941. Good luck Don't forget to...
Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor. Trade strategy Long from 24500 level SL-23500 Tp-26000 Tp-27000 Follow my page to get more updates
SEC sued Coinbase, a leading cryptocurrency platform, alleging that it operated as an unregistered securities exchange and evaded investor protection regulations. The SEC's actions are part of its broader campaign to subject cryptocurrencies to federal securities laws. The regulator claims that tokens should be considered securities and, therefore, fall under...
Gold price expected to recover from 1940 level. Buy at 1940-1942 range Sl--1930 Tp -1950 Tp-1960 Follow me to get more update Thanks
Gold prices fell around $30 from its high during yesterday’s US session as a surprise hike by the Bank of Canada (BoC) had a ripple effect across the markets. Expected strategy; Sell at 1965 with 1975 stoploss in mind Take profit from 1948 to 1930 range Good luck ! Don't forget to follow or boost.
The BTC/USD pair drifted upwards during the weekend after it dropped to a low of 25,917 during the weekend. It rose to a high of 28,000, the highest level in more than two weeks.
Price is expected to fall from 47350 as 4 hour RSI touched double top indicating strong overbought. Sell at 47350 Rebuy at 42000 Good luck ! don't forget to follow me to get more update.
Price break downward trendline and fib correction expected from 39000.consolidation continue from 39000 support level. price will soon touch 45300 résistance level. good luck !
Gold break the downward trendline start from 2069.I am looking forward consolidation from 1920 to 2011 66% fib correction. with stop loss 1900. good luck
Gold break the 1975 Support level. Price is expected to test 1953 support level Buy at 1953 Take profit at 2023. Good luck
gold price stable after major selling. price broke downward trendline and enter in correction area. buy at 1785 take profit 1806 take profit 2 1827.
Gold price to break downward trendline.sell at 1835 short term target 1811 if price sustain from this level soon we will see 1870 again and failed will push price futher to 1765 again. Good luck Entry at 1835 take profit at 1811.
BTCUSD price fall below 38000 and RSI is oversold territory suggesting strong buy from 37500 level to maximize profit. buy at 37500 Short term target 45000 long term correction expected to 50000 to 53000 level. Good luck!