USD/JPY Market Analysis On the 30-minute timeframe (M30), the chart reveals key price structures indicating potential Buy and Sell opportunities. Below is the detailed analysis: Buy Entry Zone: This zone is identified around the support area at 149.500 to 149.384. A potential reversal from this level provides a buying opportunity, targeting levels above...
29/10: Based on the statistical analysis of specific times that may indicate potential strengthening or weakening for USD and GBP: 00:00 (USD) - 3-Month and 5-Year Note Auction: USD Strengthening: Treasury yields have increased, showing investor interest in high-yield assets. This usually raises demand for the US dollar. Potential USD Strengthening: USD is...
Based on the Wyckoff pattern, it is likely that investors will take profits from previous gold purchase prices, leading to a potential correction down to the 2640 - 2600 range. This correction may occur before the price resumes its upward momentum.
Bullish Factors: Large Market Capitalization: Bitcoin's high market cap indicates strong investor confidence, especially when compared to other cryptocurrencies. A large market cap often signals potential for price stability and growth. Scarcity and Limited Supply: With a maximum supply of 21 million BTC and a circulating supply close to 19.77 million, Bitcoin's...
There is a potential profit to be made on the USD/JPY pair at the moment, considering Japan's current domestic political situation, where the Yen has slightly weakened. I still hold my conclusion regarding the possibility of Yen strengthening in the future, which may occur after the election. However, for now, I will seize the buying opportunity by taking...
Seen accumulation according to the Wyckoff Pattern, now for AUDJPY is likely to experience strengthening in the Yen.
Seen accumulation according to the Wyckoff Pattern, now for GBPJPY is potential to sell.
The USD/JPY pair reflects mixed market conditions, driven by economic indicators and central bank speeches. While the yen gains momentary support from indicators such as strong current account data (3.02T vs. expected 2.43T), the Japanese economy faces ongoing challenges, as seen in declining household spending (-1.9%) and weaker machine tool orders (-6.5%). In...
PEPPERSTONE:XAUUSD Based on the Wyckoff method, gold prices show potential to continue their upward trend, though a brief pullback to 2,657–2,656 may occur before further rising to 2,670–2,671. Currently, gold stands at $2,665 per ounce, supported by a drop in 10-year Treasury yields following weak manufacturing data from New York, enhancing gold’s appeal as a...
Based on Wyckoff patterns, gold appears to be in a potential buy zone. It held steady around $2,650 per ounce on Tuesday after a slight dip, supported by rising geopolitical tensions. Reports show that China has ramped up military drills around Taiwan, deploying record aircraft numbers and, for the first time, utilizing its coast guard to encircle the island. At...
This week, Bitcoin (BTC) reached a peak of $64,000 before slipping below $62,000, sparking speculation about its potential for further gains. Based on Wyckoff patterns, Bitcoin currently sits at a "critical psychological turning point," where market sentiment could drive its direction. Historically, investors tend to be pessimistic when facing losses but turn...
Currently, gold is experiencing a bearish market scenario, with fluctuations in its price witnessing a state of imbalance. Employing a swing trading strategy suggests waiting for the price to rebound to the $2400 mark before executing a sell order.
Bitcoin halving makes Bitcoin more scarce. This can increase the price of Bitcoin and make it more attractive to investors, both retail and institutional. If you are an investor then be patient as the adjustment in the fair price of bitcoin continues. But for those of you who are futures traders, take advantage of the sell moment for current conditions.
Gold XAUUSD Still on Bullrun Will tonight's announcement have a positive impact on the USD?
Currently, Bitcoin has broken through the 35000-40000 Area. It is likely to head towards the 50000 Area before making a correction. The correction that occurs will determine whether Bitcoin will touch its new ATH or will touch the previous ATH in 2017.
XAUUSD Still Bullish and Pontential to break the ATH
BNB Still on the bearish trend. We can set up to sell limit.
Hai, here is my future projection for bitcoin in the next years 2023