On 7 October, we analysed the Meta Platforms (META) price chart and highlighted:→ The formation of a long-term upward channel (marked in blue).→ The key drivers supporting bullish sentiment. We also emphasised the psychological significance of the $600 level. Since then, the price has approached this level four times, only to be met with resistance…
According to the XNG/USD chart, natural gas prices have risen by approximately 13% since early November and this week hit a new 2024 high. Factors Driving Bullish Sentiment (as reported by Reuters):→ A sharp increase in global gas prices.→ Forecasts of colder weather and higher heating demand in the United States. Will Natural Gas Prices…
Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straight forward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be…
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2024.11.19 2024.11.19 Short-term Analysis for Oil, Gold, and EURUSD for 19.11.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold has reached…
Reviews (1127) CapPlace 1 из 5 12 215728 1 Beas Dev Chhabra Capplace.com is a trap to siphon off whatever money you add.You may be given some profit in the beginning and then you may be given hint where you are trapped in a way that either you add more money only to lose the…
Reuters’ latest survey of 28 market watchers sees all respondents expecting both the 1-year and 5-year LPRs to remain unchanged at 3.10% and 3.60% respectively. A trader at a Chinese bank commented that: “LPRs were lowered so sharply in October, so it is unlikely to have another cut this month. We may first wait and…
The Japanese Yen fails to capitalize on its modest intraday gains amid BoJ rate hike uncertainty. Reduced bets for aggressive Fed rate cuts revive the USD demand and lend support to USD/JPY. Intervention fears and geopolitical risks could help limit any further losses for the safe-haven JPY. The Japanese Yen (JPY) surrenders a major part…
By Rae Wee SINGAPORE (Reuters) -The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar thanks to a pullback in the U.S. currency, which ran into profit-taking after a stellar rally that saw it scale a one-year high. The yen last edged 0.12% higher to 154.47…
Missed the range breakdown on EUR/CAD? The pair seems to be in the middle of a correction to the area of interest, but will it keep holding? Take a look at these inflection points I’m watching on the 4-hour time frame: EUR/CAD 4-hour Forex Chart by TradingView European markets had a mostly bearish reaction to…