My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6342 . Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6512 Safe Stop Loss - 1.6262 About Used Indicators: The...
My dear friends, My technical analysis for GBPJPY is below: The market is trading on 182.86 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 181.69 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
🌊 Trade Opportunity: Right now is your chance to dive into BLUR/USDT, whether in the spot or futures market. It's your call! 🎯 Targets Await: 🎯 Target 1: 0.1865 🎯 Target 2: 0.1973 🎯 Target 3: 0.2064 🎯 Target 4: 0.2330 💰 Profit Path: These targets are your roadmap to potential gains. Chart your course wisely! 📈🗺️ 🚀 Enjoy Free Signal with Bitxer: Make the most...
Dear Ziilllaatraders, We are now placing a buy, because of the big decreas in in gold value. We think OANDA:XAUUSD has been oversold over the speculation of a rate hike. We are down-trending but in this scenario we will place a BUY. Feel free to ask any questions and leave a like. Stay healthy and wealthy. Greetings, Ziilllaatrades
Since the double top back in May 2022, the CadChf pair has traded in a clear and nice downtrend. However, although the pair is still under the falling trend line, the pair hasn't made a significant new low after the May one, and for a month now it has been stuck around 0.65. A reversal could be next for this pair and, considering a target at the recent 0.68 high,...
RSI is in overbought zone on 4H and 1H Timeframes. Price has formed a divergence. TRX formed an inverted hammer (30m TF) I expect a correction.
Following yesterday's green stock market reaction, we compare on today's analysis VIX (Volatility Index) to the S&P500 (SPX) price action on the 1D time-frame. Our goal is to find clues to how the Volatility Index can affect the stocks. As you can see, VIX is trading within an Ascending Triangle which 2 days ago got rejected on its top (Higher Highs) trend-line....
DAX (DE40) has made a short-term bottom near the Lower Lows trend-line of the Channel Down after hitting the 1W MA50 (red trend-line). This is a short-term buy signal to at least 15650, which is on the Channel's top and represents a symmetrical +3.66% rise similar to the previous Lower High leg. If it doesn't get rejected, this is where the Fibonacci retracement...
The British Pound (GBP) maintained its downward trajectory today, influenced by the UK's economic deceleration and the surging yields of US Treasury bonds. These factors have bolstered the strength of the US Dollar (USD) and consequently caused further depreciation in GBP/USD exchange rates. Anticipated additional declines are expected for this currency pair due...
Gold (XAUUSD) hit yesterday the bottom of the Channel Down pattern that started after the July 20 High. This is a short-term buy signal targeting its top (Lower Highs) but on the long-term Gold has been on a downtrend since the May 04 All Time High (ATH). Following the rise on the June 29 Low, Gold was still on a long-term uptrend, supported by a Higher Lows...
The market quickly pulled back to the resistance zone after double bottom. The market is pulling back against the main trend and I think it it will go down to test the key support level at 1850. if price rejects the resistance and downward trendline the market might go down because this level pushed the price lower multiple times before. My goal is the support...
The USDINR pair is trading inside a 1.5 month Triangle (blue), following the upward break-out of the 1 year Ascending Triangle. The 1D MA50 (blue trend-line) has been supporting for 2 months and as long as it holds, buy when the price breaks above Resistance 1 (83.4200). The target can be 84.500, representing a +2.13% leg extension on a potential emerging Channel...
The price of gold (XAU/USD) struggled to find direction during the Asian session, remaining above the recent low around $1,858-1,857. The US dollar (USD) retreated from ten-month highs, alleviating pressure on gold. Concerns emerged about a possible US government shutdown on October 1 and issues in the Chinese real estate market, supporting gold as a safe-haven...
The GBPNZD pair is on a massive 6-week sell-off that has broken below June's and July's Low. The 1W RSI turned bearish below 45.00 and the next line of Support is the 1D MA50 (blue trend-line). In the past 5 years, every sharp sell-off on GBPNZD has been at least -9%. A potential new such decline gives us a target estimate just below Support 1 (1.97550). That is...
The price perfectly fulfills my last idea. The market broke through the range zone and made extension down. It has broken through the key support level on the daily timeframe. The price is forming lower lows and lower highs. I look forward to testing the swing zone and moving down towards support from resistance. I expect the price continue trending downwards...
The market bounced off the support level and made pullback. I expect price to retest the previous weekly low. If the price remains below the weekly low and resistance it may go lower because we have strong bearish trend. I think if price reject the resistance and downward trendline the market will continue trending downward. My goal is the support level at...
The current price of gold in the international market is hovering around $1,897.9 per ounce, which is a decrease of $3 per ounce compared to this morning. The recent monetary policy meeting of the Federal Reserve (Fed) indicates that their stance will continue to be a catalyst for pushing bond yields and the US dollar higher, putting significant pressure on...
Hello dear traders, what do you think about Gold? Looking at the technical picture on the 4-hour timeframe, we can see that Gold is in an uptrend but it has broken the support zone. In the short term it is expected to increase after it was revised down to 1910 USD, and then increased to the specified level.