My machine learning model forecasts a potential downward trend for EUR/AUD in the coming fortnight, reaching 0.6134. Possible factors influencing this: The euro has faced challenges due to rising gas prices, fears of Russia cutting off natural gas supplies, and the eurozone’s economic outlook. The ECB’s dovish stance and potential rate cuts may further...
TF -15Min Gold potentially going to 2500 Area before goin down Gold breaks above $2,400, nearing all-time high of $2,431. Lower April inflation in the US supports Gold’s rally, despite rising Treasury yields. Fed officials remain cautious, with December 2024 rate cut expectations slightly adjusted to 35 bps..
Markets close at weekly ATH. Commodities surging, URA, Gold, Silver, Copper, Nat Gas NVDA earnings on Wednesday.
looking to short gold exit will be 2400.199 follow for more ideas thank you
A bearish flag is a chart pattern indicating the continuation of a downtrend. Here's a brief summary: 1. **Preceding Downtrend:** A significant initial decline in price forms the "flagpole." 2. **Consolidation Channel:** The price then consolidates within a parallel channel, forming the "flag," typically with decreasing volume. 3. **Breakdown:** The pattern is...
The global rate of gold ultimate week accelerated past 2,four hundred USD withinside the context of many rate growing catalysts An critical catalyst riding gold fees up is the latest Consumer Price Index (CPI) report, which confirmed that inflation reduced barely in April, decrease than economists` forecasts. The statistics fueled marketplace optimism that...
EURUSD made a good dip for a long (did not hit the buy level perfectly so it could be not a buy for you). Price action is bullish on daily and weekly for further upside this week. Possible dip, but overall looking at 1.0857 to hold for further upside to 1.0905 and 1.0929.
USD pauses, market pays attention to April core PCE data ING predicts stability in USD currency pairs as investors await the release of the April core personal consumption expenditures (PCE) price index, expected on May 31. The firm believes that cross-asset volatility is likely to remain subdued in the coming weeks, which could spur the search for carry trades.
AMEX:SPY May 20, 2024 15 Minutes AMEX:SPY managed to hold 527.5 as marked in char with a rectangle box. AMEX:SPY making a series of LH, LL pattern. So considering the rise 527.33 to 529.5 must hold 527.5 528 levels for uptrend. And if we take that fall from 531.52 to 527.33 AMEX:SPY need to cross 530 for any longs as it it represents 61.8% of...
NASDAQ:TSLA has been in consolidation between $170~$175. Last Friday it managed to closed at $177 giving a signal that price is now in breakout. Macd at 0 signal to upside with RSI and William% pointing rising bullish divergence. The first target is $193 .
XAUUSD today price has reached a new high of 2440. If the price cannot break through this level, It is expected that in the short term there is a chance that the price will go down. Consider selling the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Looking bearish, we are close to an alt season for a while, expecting this, see schema
No Price Action No Support and Resistance No Indicators No Moving Averages Not Gann levels These levels are purely based on mathematics. If it is useful please give your comment.
Looking bearish, we are close to an altcoin season for a whilr. am expecting this, see schema..
The world price of XAU last week increased beyond 2,400 USD in the context of many price increasing catalysts An important catalyst driving gold prices up is the recent Consumer Price Index (CPI) report, which showed that inflation decreased slightly in April, lower than economists' forecasts. The data fueled market optimism that the US Federal Reserve (Fed) could...
Price has been consolidating between $615~$620 range. Last week price has been managed to close above $620. It showing bullish divergence on RSI and as well as William% range. $640 should be possible near term target as price will be moving though volume gap.