BINANCE:OMUSDT looks bullish completing its cup and handle pattern inside of a bigger broadening wedge pattern. Safe entry is upon the braking out of the handle. Target is at 5.85 for cup and handle pattern and 6.23 for broadening wedge pattern. Let's see if it plays out well.
Hey there, The dollar remained steady during the Asian session this morning. The Fed is widely expected to cut interest rates by 25 bpt. Traders however, are preparing for a potential hawkish outlook from the central bank considering recent data which showed U.S inflation remained sticky and the labor market strong. The central bank is expected to signal slower pace of easing in 2025 with several analyst predicting a hold in Jan. With retail sales coming out stronger than expected, the Fed now has enough headroom to cut rates at a slower pace. Because gold does not generate income like interest-bearing assets such as bonds or savings accounts, the opportunity cost of holding gold increases when interest rates are higher, making it less attractive to investors. And with the dollar remaining strong near three-week highs on the dollar index. Higher interest rates typically strengthen the dollar, further pressuring gold because it is priced in dollars and becomes more expensive for foreign buyers. Additionally, higher interest rates often signal a stronger economy, which can reduce demand for gold as a safe-haven asset.
US30 buy signal triggered on 5mins mss on the previous idea on buy entry, Strategy: 4H Liquidity grab, mss, bos, retracement to an order block coupled with an imbalance.
With the current downturn and price stability, this could present an opportunity for a breakout. If the price reaches a reversal point, it might signal the onset of a breakout with long-term growth potential, provided the timing is right. Assuming adoption is nearing, a collaborative effort to collect and analyze data—such as photographic evidence and footage from vehicles participating in the pilot program—has the potential to reduce data acquisition costs while providing real-time updates on street conditions. Regarding Honeycoin, the platform offers a seamless way for individuals to earn, save, and spend cryptocurrency. It facilitates micropayments, peer-to-peer transactions, and financial inclusion for unbanked populations. Integrating Honeycoin into a pilot program like this could further enhance real-time data collection by rewarding participants with cryptocurrency for contributing valuable data. This incentivized model could drive adoption while simultaneously improving the efficiency of data gathering and street monitoring. If these efforts are coordinated effectively, the combination of blockchain technology and real-time data collection could create significant growth opportunities in the long term.
https://www.tradingview.com/x/FxpYMiBX/ I'm here to illustrate three possible scenarios for the future EUR/USD movement on the 1-hour chart. 1. Bearish Continuation Below the Demand Zone (≈1.0460) The price has formed a double bottom near 1.0460, indicating a strong demand level. If the market breaks below this zone, it would suggest that sellers remain in control and the downtrend could continue. 2. Retracement From the Supply Zone (≈1.0630) The supply zone around 1.0630 is acting as a strong resistance level. If the price moves up into this zone and finds significant selling pressure, it may retrace lower. Additionally, the RSI is showing overbought conditions, which supports the idea of a potential pullback from this area. 3. Bullish Breakout Above the Supply Zone (≈1.0630) If the price breaks above the 1.0630 supply zone and shows a clear Change of Character (CHOCH), it could signal a new bullish trend. This would imply that buyers have regained control, pushing the market toward higher levels.
Hello traders hope everyone's okay I have shared my anaylsis with you, what's your thoughts on gold? well in my opnion gold will fall till 2625, there's support and resistance given bellow if it's break 2642.5 then next move of gold identified in the chart. Key points, Resistance zone 2665 Support zone 2634 Target zone 2625/2615 Must share your ideas about it with likes and comments, and follow me for more updates
Entry can be taken when the price sustains above 698 of the curve formation projections of which will raise to the Target of 850+ which would be the gain of 21%+ Planned entry: 698 Target Price is around 846 Stop Loss 549
Meta’s social network Threads is experimenting with a feature that will let you schedule posts, Instagram head Adam Mosseri said. Users who will get to test this feature won’t be able to schedule replies. “We want to balance giving people more control to plan their Threads posts while still encouraging real-time conversations,” he said. People […] © 2024 TechCrunch. All rights reserved. For personal use only.
Mit welchen Filmen geht das Marvel Cinematic Universe in Zukunft weiter? Auf die Superhelden-Fortsetzung Black Panther 3 dürfen sich Fans nach den jüngsten Entwicklungen ganz offiziell freuen.
In diesem Jahr gab es wieder viele richtig gute Serien-Highlights zu entdecken. Von Netflix-Hits bis hin zu genialen Sci-Fi-Geheimtipps: Wir stellen euch die besten Serien 2024 vor.