SKL Analysis and Signal on 4H 🔵Entry Zone 0.07010 - 0.07228 🔴SL 0.06510 🟢TP1 0.07894 🟢TP2 0.08602 🟢TP3 0.09778 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us...
The EUR/USD pair continued its upward trend on the final Friday of the week, maintaining stability within the price wedge. The outlook remains bullish as the price channel holds firm, and the EMA 34 has begun to show signs of a reversal!
Brian greets everyone. Today, gold has regained its upward momentum, reaching its highest level in nearly a month at over $2,400. Despite the U.S. 10-year benchmark yield remaining stable around 4.4%, the market's cautious stance has supported XAU/USD heading into the weekend. The price is expected to continue rising in the coming days, moving towards the...
Based on historical trends and current market conditions, XAU/USD is likely to be bearish for day trading with a starting price of 2414.44. Traders should monitor real-time market dynamics and economic data releases for potential price movements throughout the upcoming week. Entry: 2414.44 SL: 2422.72 Target 1: 2370.95 target 2: 2332.10 #Xauusd...
Hello everyone, let's take a look at today's gold prices! Currently, gold is trading above the psychological level of $2400 and is hovering around $2414. As expected by the market, gold has continued to rise in recent times. The $2400 level will be a crucial support for the next upward moves, and the EMA 34, 89 indicators are still providing positive signals for...
Here is why we think gold prices will go up (FUNDAMENTAL ANALYSIS) Lower Core Inflation Numbers and Potential Fed Rate Cuts: The recent core inflation report came in weaker than expected, signaling a sluggish economy in the United States. This unexpected weakness has raised speculation that the Federal Reserve may consider cutting interest rates to...
Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance and then rejects from bullish order block Like, comment and subscribe to be in touch with my content!
World gold price (XAU/USD) decreased slightly yesterday after increasing to nearly reach 2,400 USD/ounce. According to experts, the reason may be due to profit-taking pressure after the strong increase the previous day. In addition, the recovery of the USD is also detrimental to gold. In the short term, the combination of stable inflation and weakness in other...
Gold prices are in a slight decline. The reason may be due to profit taking after increasing by more than 1% the previous day. The release of lower-than-expected US CPI and Retail Sales data for April has led to a change in expectations about the Fed's future interest rate path - an important factor contributing to the direction of gold prices....
Gold was on a downtrend, but now, following the break of this downtrend line and considering the bearish trend of the dollar index and important news today, we could expect a bullish move towards 2400 - 2417. 📈
Hello Traders ! After a Huge Bullish Move, The AUDCHF Price Broke The Resistance Level (0.60078 - 0.59886). The Resistance Becomes a New Support Level ! So, I Predict a Bullish Move🚀 ---------- TARGET: 0.60950🎯
Hello traders, FX:AUDUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
If you haven't already purchased SPY after the 2023 forecast: forecast:https://www.tradingview.com/chart/idea/l6U1M9dJ/ then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469. Anticipating a technical retracement to $495, given its prolonged period of being overbought!
During the early Asian trading session on Friday, the GBP/USD pair experienced a modest rise, approaching the 1.2670 mark. Despite a slight pullback, the outlook remains bullish for buyers as the GBP/USD successfully breached the 1.265 resistance level, turning it into a new support. It is anticipated that the upward momentum will resume after a retest of the...
On Thursday, the EUR/USD pair experienced a slight decline and held steady into early Friday, hovering around the 1.0850 mark as the U.S. dollar gradually recouped its losses from earlier in the week. Despite this minor pullback, the currency pair has still seen a notable increase over the trading week, preserving its upward price trajectory. As long as buyers...
Over the identical period, CPI accelerated via way of means of 3.4%, matching forecasts. This is high quality information for americaA Federal Reserve (Fed). Cooling inflation will assist the Fed quickly make a choice to decrease hobby costs, to aid americaA economic system, that's displaying greater symptoms and symptoms of slowing down. Cooling inflation can...
Today, gold prices slightly declined, returning to around $2377 after maintaining high levels for nearly three weeks. This movement results from investors taking profits following a recent surge in prices. Additionally, the recovery of the U.S. dollar, which increased by 0.2% after hitting a multi-month low, also contributed to the pressure on gold. The U.S....