Tag: alert
July 11, 2023
Gold | Price Levels and Price Analysis
As the USD continues its decline since last Friday’s employment data, our attention has turned to Gold as buyers continue to hold outside the downtrend. Price still sits in a range, but for now, the momentum looks to be with buyers as they continue to push a higher move so...
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June 15, 2023
Indices | US30 | Price Levels and Pattern Analysis Post FMOC
Today, we analyzed the US30 in light of the morning's FOMC meeting. Although the Federal Reserve decided to maintain interest rates, they made comments indicating the possibility of two more rate hikes later this year.
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June 8, 2023
Forex | Will JPY Momentum Carry Forward and Set Off Further Selling?
Welcome to today's update, where we shift our focus to the strength of the Japanese yen (JPY), which has been gaining momentum since the previous US session. Our analysis will delve into the AUDJPY and GBPJPY pairs, examining them in detail. The key question at hand is whether...
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June 6, 2023
Platinum | Could This Be a New Swing Higher For XPTUSD?
Welcome to today's update on Platinum. In this report, we will delve into our analysis and the key levels we are monitoring. We begin by acknowledging yesterday's robust rally, which not only successfully held support but also initiated a challenge on the back of breaking the...
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June 5, 2023
Indices | USD Buyers Ready to Test Resistance Again?
Welcome to today's update on the USD index. In this report, we will explore whether a new uptrend is emerging. Our primary focus is on surpassing the resistance levels. Should a breakthrough occur, it has the potential to pave the way for a fresh rally towards 105.60.
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May 31, 2023
Crypto | Bitcoin | Could We See a New Push Down to Support?
In today's update, we shift our focus to Bitcoin as sellers have initiated a strong downward movement against the recent upward trend. In general, there has been a shift of funds from risk currencies to safe havens throughout the day.
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May 29, 2023
EURGBP: Could we see a new breakout?
Today’s focus: EURGBP Pattern – Range/Descending Triangle Possible targets – .8600 Support – .8670 Resistance – .8705 Today’s update, will we see the EURGBP make a new push lower, confirming its descending triangle pattern? Price broke the main trend setting up...
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May 26, 2023
Oil | Set to Break its Consolidation?
Today, our focus is on oil, following a rapid decline yesterday that halted a three-day period of gains. Will this downturn initiate a significant shift, breaking free from the current ascending triangle pattern?
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May 25, 2023
Gold | XAUUSD Holding Support Despite Firm USD
Today’s focus: Gold Pattern – Support point hold. Possible targets – Downside 1944 Upside 1987 Support – 1955.80 Resistance – 1982.80 Hi traders, today our focus shifts towards gold, as its price maintains its position above the support level established...
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