GU is bearish on the M30, pushing down from 1.29400, which is below a resistance zone. The price does have the potential for a minor retracement above the low of 1.29142, so bears should exercise a bit of caution there. 1.28583 is the directional bias, with one price target zone. Happy Trading, K. Not trading advice.
Hi there, XAUUSD looks bullish on the daily chart, targeting 3361.639, following the momentum observed in the weekly and monthly timeframes. As long as the price keeps above the green moving average, the momentum will remain bullish. Happy trading and have a great week, K. Not trading advice.
Hi there, The S&P 500 has pushed below the significant resistance level of 5821.54, with an immediate target at 5370.17 before reaching major support around the 5218 region. We could potentially see a further drop to 4500, with 4719.87 on the way. It will require monitoring, and the bias is at 4026.79. Happy Trading, K. Not trading advice
Hi there, JSE looks bearish on the daily chart, with a potential drop that could reach 11,835 and further down to 10,742. 11,193 is also a support area that can be considered as a target. Happy Trading, K. Not trading advice
Hi there, ADAUSDT appears to be bearish on the H1 chart, with two price targets indicating a bias of 0.5424. The price is currently at a lower high below resistance, experiencing bearish pressure at 0.8000. Happy Trading, K. Not trading advice.
Hi there, Due to two supply area zones pressing down on a Fib bias of 0.1733, ALGORAND looks bearish and could drop to 0.2026. Happy Trading, K. Not a trading advice
High there, The BTCUSD has the potential to rise and reach the trend line, visiting areas between 91502 and 91200, before dropping again. This is a high-risk phase for bulls, as it is a bear market. Happy Trading, K. Not trading advice
Hi there, Gold seems to be in an up-trend, currently holding above 2882.104. I anticipate for price to continue rising with two price targets for a bias of 3063.041. It has the potential to drop but the bearish phase is a high-risk scenario. Happy trading K. Not trading advice
Hi there, Recent developments have significantly influenced Bitcoin's market sentiment. Following President Donald Trump's announcement of establishing a U.S. Crypto Strategic Reserve, Bitcoin experienced a surge, reaching highs of approximately 94,834. However, these gains were not sustained, with prices retracting to around 86,000, reflecting a degree of market...
Hi there, The GBP/USD pair is showing a bullish trend. If GDP growth surpasses expectations, it could enhance investor confidence in the UK economy, resulting in a rise in the pound (GBP) against the US dollar (USD). The US imposition of tariffs on imports from Mexico, Canada, and China has weakened the US dollar, aiding the pound's appreciation against the...
Hi there, Bitcoin is finding it difficult to rise above $97,000. If it manages to break this level, it could trigger a strong upward movement, possibly reaching $98,500 or even the key $100,000 level. Key Points Support Levels : The $95,000 level is an important safety net for Bitcoin. If the price falls below this, selling pressure could increase, pushing...
Hi, Bitcoin (BTC) is in a holding pattern, causing market anxiety as participants anticipate a potential "short squeeze". Economic factors, including upcoming Fed minutes and mounting US jobless claims, contribute to market uncertainty. Key points: Bitcoin's price is stagnant, leading to market nervousness and speculation about a potential short...
Hi there, Ethereum is currently going up with potential for further gains if it remains above 2600.00. The bias is 3421.31, with one price target of 3082.44. Happy Trading, K. Not a trading advice.
HI there, WTI has the potential to reverse from the 69.95 area and turn bullish up to the 78.82 highs. 76.01 is the price target. If the price drops below 68.00, it will invalidate the setup. Happy Trading, K. Not trading advice.
Hello there, The gold trend is generally bullish in higher time frames; however, this week's candle appears to be in an exhaustion phase, potentially represented as either Wave 3 or Wave 5 of the Elliott Wave. The price has the potential to drop in the 1-hour time frame, with two price targets biasing toward 2678.14. Happy Trading, K.
Hello, USDZAR has the potential to drop on the H1 chart with one price target and a target zone towards a directional bias of 17.950. If the price goes above 18.76289, this will cancel the setup. It's a high-risk setup; monitoring will be required. Happy Trading, K.
Hi there, BTC has been making surprising moves lately, seeming to head in one direction when it's not. We'll give it a last look. We have a complete ABC-D pattern. (E) is always shorter than (D), but (F) is the longest wave. (F) to (G) is the longest and most unpredictable wave, which is where we are now. Inside the box, the range between 98,239.23 and...
Hello Traders DOGUSDT appears bearish on the daily chart, followed by the 1-hour time frame. The price might pulse up, but it is not clear if this will develop into bullish momentum. Currently, the price appears to be ranging between 0.003898 (low) and 0.004939 (high). For that reason, the 0.004033 level is significant. The price is bearish towards 0.002586,...