From a short-term perspective, GBP/USD is in an upward trajectory. Indicators such as the RSI currently show no clear overbought or oversold signals, suggesting a balanced market sentiment between bulls and bears. However, it is important to note that if prices continue to range-bound near current levels, divergence signals may gradually emerge, warranting caution regarding potential trend reversal. GBPUSD trading strategy sell @:1.29670-1.29800 sl 1.29950 tp 1.29280 If you also want your balance to grow steadily, you can click on the link on the right side of the article to obtain daily accurate signals.
Strong institutional money is flowing into gold and precious stones. Historically, this has been a sign of a prolonged bear market in traditional markets. In other words, strong hands have sold stocks at high prices, securing significant profits, and are now moving to the ultimate safe haven: gold, which has been considered a store of value since ancient Egypt. However, in my opinion, Bitcoin still has hope. When the Buy Climax happens in gold, Bitcoin will rise quickly. I believe this will take a few weeks or months to unfold. In other words, Bitcoin needs to consolidate first and accumulate enough while they sell their gold bars—especially the Chinese. Gold is likely in its last bull run of the century. I believe that by the end of April or beginning of May, gold should form a top, although I'm not certain. And since Bitcoin typically shines after gold finishes its distribution, Bitcoin is likely in its last bull run of the decade.
Gold continues to find support amid haven flows as equities tumble on trade war concerns. But how much further can gold rise? Well I think a lot of people had $3K+ pencilled in as their target. We are obviously well above the $3K level now at $3085, which may trigger some profit taking. While dip buyers are lurking, a rug pull is becoming increasingly likely at these levels in my view. When risk appetite turns sour and stocks start falling, people tend to liquidate their profitable long gold positions to free up margin. Could we see something similar? For me, the short term trigger could be a potential break below recent low and support around $3057-$3066, while in the slightly longer term view, a potential move below $3,000 is needed to trigger a more meaningful drop. By Fawad Razaqzada, market analyst with FOREX.com
https://www.tradingview.com/x/98OFqA6B/ Hello,Traders! GBP-CHF is trading in an Uptrend along the long-term Rising support line and the pair Is going down now to retest The support from where We will be expecting a Bullish rebound and A strong move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
On Thursday, crude oil dipped and then rallied towards the end of the trading session, reaching a low of around 69.1. Today, it rebounded to around 69.8 and then started to decline. The short-selling strategy implemented in the morning resulted in a profit. Next, attention should be paid to whether the upper resistance level of 70 can be broken through. If it cannot be broken through in a short period of time, consider shorting again during the subsequent rebound. USOIL Trading Strategy: Sell@69.7-70 TP:68.5-68 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Lots of people are trained bots against the US dollar. They have an instinctual reflex, saying it’s going up to freeze up into an Ice 9 situation, or inflate away like Weimar Republic. Neither has happened. These npc’s fail to understand that the US export most of those dollars. There’s more overseas demand for dollars that native demand. This keeps the inflation in the States at bay, and makes it impossible in the end for any other fiat to compete. We’re watching this play out in the charts with the Euro and the Canadian dollar. The euro is playing footsies with parity to the Dollar, and if parity cannot be stabilize between the pair, the Euro is destined to collapse against the dollar. All of this is in the apparent and what I’m reading into the candles. It’s not witchcrafts
$Trump coin will probably only go off when and if Trump wins the Nobel Peace Prize. And for this to happen, his activities and rhetoric must change completely... at the moment, it looks "on the verge of fantasy." Meanwhile: A major investor lost money on TRUMP again - this time $3.3m, he sold 743,947 TRUMP for $7.92m, but did so at a loss. The irony is that at the very beginning of trading this token, he earned $11.82 million. However, a series of unsuccessful trades resulted in serious losses - now his total loss on $TRUMP has reached $15.7 million. 1️⃣ If by some miracle OKX:TRUMPUSDT manages to break out above the trend price, then we can dream of $14.26 and $17.36 2️⃣ А if, again, he writes, or says, or does something stupid, which is more likely for this personality.... then #Trump at $7-7.2, why not. Ten times less than the highs... that's where the success is!)
Good to monitor the stock as it broke out of the trend-line.
We see Head and Shoulders pattern on SHIB H4 chart. Daily chart is also bullish. after few losses this position can make great comeback. Risk reward 1/5
The Magnificent 7 stocks are at a crossroads. Will they go down (like 2022) or up (like 2024)?