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Sunday, December 29, 2024

Saturday, December 28, 2024

Gold Analysis: Bearish Reversal Looms After Supply Zone

Gold Analysis: Bearish Reversal Looms After Supply Zone

Gold OANDA:XAUUSD

hello guys!

let's dive into #xauusd #gold analysis!

Supply and Demand Zone: The price recently touched the highlighted supply and demand (S&D) zone around $2,640-$2,650, showing resistance in that area.

Trend Channel: The price is moving within an ascending channel, with higher highs and higher lows. However, the current trend shows signs of potential exhaustion.

Projected Movement: After touching the S&D zone, the price began to decline. The chart suggests a potential retest of the midline of the channel before continuing downwards.

Bearish Outlook: If the price breaks below the lower channel line, a significant drop toward the $2,578 level is possible, indicating a bearish continuation.



source https://www.tradingview.com/chart/XAUUSD/gcLATJsg-Gold-Analysis-Bearish-Reversal-Looms-After-Supply-Zone/

Top Altcoins For Crypto Bull Run: Get Ready For 500x Returns With These Cryptos

Thursday, December 26, 2024

The USD/JPY pair fell following the release of Tokyo CPI data

The USD/JPY pair fell following the release of Tokyo CPI data

The Japanese Yen strengthened against the U.S. Dollar on Friday. The USD/JPY pair declined after recent gains as the Yen gained strength following the release of Tokyo’s Consumer Price Index (CPI) inflation data. This data is expected to support the Bank of Japan in raising interest rates in January.

The Tokyo CPI inflation rate rose to 3.0% year-on-year (YoY) in December, up from 2.6% in November. Meanwhile, the Tokyo CPI excluding fresh food and energy increased by 2.4% YoY in December, compared to 2.2% the previous month. The Tokyo CPI excluding fresh food also rose by 2.4% YoY in December, slightly below the expected 2.5%, but higher than the 2.2% recorded in November.

From a technical chart perspective, the USD/JPY pair tested the resistance level of 158.05 but failed to sustain that price and dropped to the support level of 157.58. If there are no significant movements ahead, this pair could continue to decline toward the previous support levels of 157.33 and 156.96.



source https://www.tradingview.com/chart/USDJPY/UJqv819T-The-USD-JPY-pair-fell-following-the-release-of-Tokyo-CPI-data/

South Korea sanctions DPRK hackers behind crypto attacks

Wednesday, December 25, 2024

EUR/GBP: Anticipating a Bullish Drift with EASY Trading AI

EUR/GBP: Anticipating a Bullish Drift with EASY Trading AI

EUR/GBP OANDA:EURGBP

The EUR/GBP has been drawing attention lately, as signals from our EASY Trading AI indicate a promising buying opportunity. Set your entry at 0.82829, aiming for a take profit at 0.82865333 with an appropriate stop loss at 0.82756333.

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With volatility management and precise pattern recognition at its core, our approach ensures each trade aligns with favorable market conditions. The specific threshold for this signal points towards a likely uptick, supported by technical patterns observed across similar setups in recent history.

Remember, these signals are accessible without cost via our service platforms. If automation's your forte, consider integrating EASY Trading Bots to enhance efficacy while minimizing manual intervention. Our bots seamlessly sync with these forecasts, leveraging automation to capitalize on these anticipated shifts.

Keep in mind, as much as historical data provides a glimpse into potential moves, markets are inherently unpredictable. Hence, managing risk with discipline is as vital as acting upon insights.

Engage with us via our site or Telegram bots to stay in the loop, and leverage these forecasts to potentially boost your trading outcomes. Happy trading!



source https://www.tradingview.com/chart/EURGBP/16Hcbdd0-EUR-GBP-Anticipating-a-Bullish-Drift-with-EASY-Trading-AI/

December 25, 2024 at 12:09AM SHIBA is rising !

Tuesday, December 24, 2024

Bearish reversal?

Bearish reversal?

Bitcoin ICMARKETS:BTCUSD

The Bitcoin (NTC/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support.

Pivot: 99,238.95

1st Support: 94,532.95

1st Resistance: 102,235.80

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source https://www.tradingview.com/chart/BTCUSD/mRf0R3yP-Bearish-reversal/