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3 479
🚨NEWS FOR THE DAY
Oil Prices Dip as Central Banks Prepare to Steer Interest Rates
In early Asian trading on Thursday, oil prices experienced a decline following a significant drop in the previous session due to expectations of a U.S. interest rate hike and in anticipation of announcements from other central banks regarding their rate projections.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/oil-prices-dip-central-banks-prepare-steer-interest-rates
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 479
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#AUDJPY is possibly bearish
AUDJPY - getting close to psychological price line
Main Pattern: Support
Analysis: AUDJPY is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next 18 hours.
Take Profit: 94.9630
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3 479
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#AUDCAD is possibly bullish
AUDCAD has broken through resistance
Main Pattern: Channel Down
Analysis: AUDCAD has broken through a resistance line. It has touched this line at least twice in the last 13 days. This breakout may indicate a potential move to 0.8759 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 0.8759
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3 479
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#XAUUSD is possibly bullish
XAUUSD broke through important 1935.0000 price line
Main Pattern: Resistance
Analysis: XAUUSD has broken through a resistance line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 1950.8101 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 1950.8101
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3 479
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#EURCAD is possibly bullish
EURCAD has broken through resistance
Main Pattern: Falling Wedge
Analysis: EURCAD has broken through a resistance line. It has touched this line at least twice in the last 20 days. This breakout may indicate a potential move to 1.4438 within the next 23 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 1.4438
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3 479
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#EURCHF is possibly bullish
EURCHF broke through important 0.9596 price line
Main Pattern: Resistance
Analysis: EURCHF has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 0.9622 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 0.9622
🔷Trade Smart, Trade Bold Prime🔷
3 479
Dear Traders,
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Embrace this sense of unity and connectivity as you maneuver through the markets with precision akin to Bluetooth. Let's collectively conquer the world of trading!
If you're seeking the finest broker service in the industry, trade with us today: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 479
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#USDJPY is possibly bullish
USDJPY has broken through resistance
Main Pattern: Ascending Triangle
Analysis: USDJPY has broken through a resistance line. It has touched this line at least twice in the last 19 days. This breakout may indicate a potential move to 148.6924 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 148.6924
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#GBPUSD is possibly bullish
GBPUSD - getting close to psychological price line
Main Pattern: Resistance
Analysis: GBPUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 20 hours.
Take Profit: 1.2413
🔷Trade Smart, Trade Bold Prime🔷
3 479
🚨NEWS FOR THE DAY
Are Gold Traders Ready for a 'Battle' During the FOMC?
Gold edged slightly lower from its two-week highs in the Asian session amid slow market movement leading up to the FOMC meeting.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/gold-traders-ready-battle-during-fomc-bold-prime-ltd
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 479
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#Brent is possibly bearish
Brent has broken through support
Main Pattern: Channel Up
Analysis: Brent has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 93.4082 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 93.4082
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3 479
🚨NEWS FOR THE DAY
Wow! Japan's Largest Investment Bank Subsidiary Launches BTC Fund!
Laser Digital Asset Management, a subsidiary of the Nomura Group, Japan's largest investment and brokerage bank, has launched the Bitcoin Adoption Fund for institutional investors. This move marks the first digital asset investment solution by a subsidiary of the Nomura Group, allowing institutional investors to access cryptocurrencies.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/wow-japans-largest-investment-bank-subsidiary-launches
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 479
🚨NEWS FOR THE DAY
Resilient Dollar Gains Ground, Yen Gains Momentum as Markets Brace for FOMC Meeting
On Wednesday, the U.S. dollar maintained its strength, but exhibited a slight weakening trend against the Japanese yen in anticipation of the highly awaited Federal Reserve rate decision later in the day.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/resilient-dollar-gains-ground-yen-momentum-markets-brace
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 479
🚨NEWS FOR THE DAY
Global Oil Prices Surge as Supply Concerns Intensify, Impacting Markets Worldwide
Oil prices inched upward on Wednesday, maintaining proximity to the nearly 10-month peaks reached the day before. The surge was driven by a more substantial than expected decline in U.S. oil inventories and sluggish U.S. shale production, intensifying apprehensions regarding a constrained crude oil supply for the remainder of 2023.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/global-oil-prices-surge-supply-concerns-intensify-impacting
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 479
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#EURAUD is possibly bearish
EURAUD broke through important 1.6535 price line
Main Pattern: Support
Analysis: EURAUD has broken through a support line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 1.6502 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 1.6502
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#Brent is possibly bearish
Brent has broken through support
Main Pattern: Channel Up
Analysis: Brent has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 93.5646 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 93.5646
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#EURJPY is possibly bullish
EURJPY broke through important 157.9670 price line
Main Pattern: Resistance
Analysis: EURJPY has broken through a resistance line. It has touched this line numerous times in the last 19 days. This breakout shows a potential move to 158.7509 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 158.7509
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#CHFJPY is possibly bullish
CHFJPY has broken through resistance
Main Pattern: Triangle
Analysis: CHFJPY has broken through a resistance line. It has touched this line at least twice in the last 18 days. This breakout may indicate a potential move to 165.5917 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 165.5917
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#GBPCHF is possibly bullish
GBPCHF - getting close to psychological price line
Main Pattern: Resistance
Analysis: GBPCHF is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 14 hours.
Take Profit: 1.1128
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#XAGUSD is possibly bullish
XAGUSD has broken through resistance
Main Pattern: Ascending Triangle
Analysis: XAGUSD has broken through a resistance line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 23.6746 within the next 20 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Take Profit: 23.6746
🔷Trade Smart, Trade Bold Prime🔷
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