Happy Ortodox Christmas! As usual, nothing new and we try to predict the future to earn some pips for a living among these sharks around. All currencies appearing in this post are fictitious. Any resemblance to real currencies, existing or dead, is purely coincidental.
What’s up traders? Here are my thoughts on USDCAD. The Bank of America does not anticipate the Bank of Canada to react to the potential political uncertainty, as they believe the BoC is comfortable maintaining its rate in the neutral range. The Canadian Dollar is expected to continue acting as a buffer amidst potential changes in US policies towards Canada. Don’t forget to like & share, your support is appreciated
EUR/USD Analysis & Levels (H1 Time Frame) EUR/USD has formed a strong double top pattern, signaling a potential selling opportunity. The key selling zone is at 1.03670, with the technical target at 1.02500, and the second target at 1.01530. Support Level: 1.03648 Resistance Level: 1.03974 Keep an eye on these levels for possible price movements
? #BGB NYSE:BGB BGB has broken out of the descending wedge and is showing signs of bullish strength after a positive retest ? Now targeting a breakout through the Fibo Short Zone and continuation upward ? ?1TP: $7.365 ?2TP: $9.500 ?3TP: $11.263 This setup suggests strong momentum for the next rally – watch for the breakout! ?
Silver is gaining momentum! A bullish falling wedge dating back to Oct '24 is approaching a breakout—$31 is the key level to watch. ? With a bullish MACD cross on the chart, a breakout might not be far off. #Silver #Markets
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