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Показати більше3 479
Підписники
-324 години
-267 днів
-9030 день
Архів дописів
3 478
🚨NEWS FOR THE DAY
Supply Concerns Counterbalance Demand Worries, Keeping Oil Prices Steady
Oil prices exhibited little change on Tuesday, as concerns about potential increases in U.S. interest rates dampening demand were offset by apprehensions regarding a tropical storm near the U.S. Gulf Coast that might disrupt supply.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/supply-concerns-counterbalance-demand-worries-keeping-oil
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3 478
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#GBPJPY is possibly bullish
GBPJPY broke through important 184.6830 price line
Main Pattern: Resistance
Analysis: GBPJPY has broken through a resistance line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 185.1493 within the next 16 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 185.1493
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3 478
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#EURCAD is possibly bullish
EURCAD has broken through resistance
Main Pattern: Ascending Triangle
Analysis: EURCAD has broken through a resistance line. It has touched this line at least twice in the last 6 days. This breakout may indicate a potential move to 1.4745 within the next 19 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: 1.4745
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3 478
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#Brent is possibly bearish
Brent - getting close to psychological price line
Main Pattern: Support
Analysis: Brent 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 11 days and may test it again within the next 2 days.
Take Profit: 83.7600
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3 478
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#USDJPY is possibly bearish
USDJPY has broken through support
Main Pattern: Rising Wedge
Analysis: USDJPY 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 146.2051 within the next 6 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: 146.2051
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3 478
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#WTI is possibly bullish
WTI broke through important 80.6940 price line
Main Pattern: Resistance
Analysis: WTI has broken through a resistance line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 81.7512 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: 81.7512
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3 478
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#EURAUD is possibly bullish
EURAUD - getting close to psychological price line
Main Pattern: Resistance
Analysis: EURAUD 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 13 days and may test it again within the next 3 days.
Take Profit: 1.6903
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3 478
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#AUDCAD is possibly bearish
AUDCAD - getting close to psychological price line
Main Pattern: Support
Analysis: AUDCAD 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 6 days and may test it again within the next 21 hours.
Take Profit: 0.8701
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3 478
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#AUDJPY is possibly bullish
AUDJPY has broken through resistance
Main Pattern: Triangle
Analysis: AUDJPY has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 94.4829 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: 94.4829
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3 478
In the dynamic world of finance and trading, the term PIP holds the power to transform your understanding of market movements and lead you towards profit-driven decisions. PIP, an acronym for "Percentage in Point," represents the smallest price movement in the foreign exchange (forex) market.
PIP is also acronym for "Price Interest Point," which isn't just a measurement; it's a gateway to precision in the fast-paced world of trading.
In the intricate landscape of financial markets, a PIP represents the incremental change in the price of a currency pair – the heartbeat of trading. While a PIP might seem small, its impact is far from insignificant.
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3 478
🚨NEWS FOR THE DAY
Setting Powell Aside, Gold Makes Renewed Climb Efforts
Gold prices strengthened once again on Monday after experiencing a sudden decline last week.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/setting-powell-aside-gold-makes-renewed-climb-efforts
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 478
🚨NEWS FOR THE DAY
Oil Edges Up as China Takes Steps to Bolster Sluggish Economy
Oil prices edged higher on Monday, following the upward movement in equity markets, as China implemented measures to bolster its slowing economy. However, concerns about the growth rate and potential additional U.S. interest rate hikes, which might dampen fuel demand, lingered among investors.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/oil-edges-up-china-takes-steps-bolster-sluggish-economy
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 478
🚨NEWS FOR THE DAY
Dollar Weakens as Investors Process the Prospect of a Prolonged Period of Elevated Rates
The dollar retreated from its highest level in 12 weeks on Monday, as traders evaluated the future direction of U.S. monetary policy following Federal Reserve Chair Jerome Powell's speech, in which he hinted at the potential for further interest rate hikes. Concurrently, the yen remained close to its lowest point in over nine months.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/dollar-weakens-investors-process-prospect-prolonged-period
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 478
🚨NEWS FOR THE DAY
9 Important Market-Focused Economic Data News This Week (28 August-01 September 2023)
The following is a portion of important economic data that will be the focus of the market throughout this week.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/9-important-market-focused-economic-data-news-week-28-august-01
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 478
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#WTI is possibly bearish
WTI - getting close to psychological price line
Main Pattern: Support
Analysis: WTI 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 11 days and may test it again within the next 2 days.
Take Profit: 79.7840
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3 478
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#XAUUSD is possibly bearish
XAUUSD broke through important 1910.7100 price line
Main Pattern: Support
Analysis: XAUUSD has broken through a support line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 1894.2440 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: 1894.2440
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3 478
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#EURAUD is possibly bullish
EURAUD has broken through resistance
Main Pattern: Triangle
Analysis: EURAUD has broken through a resistance line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 1.6943 within the next 22 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: 1.6943
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3 478
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#GBPJPY is possibly bullish
GBPJPY - getting close to psychological price line
Main Pattern: Resistance
Analysis: GBPJPY 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 11 days and may test it again within the next 3 days.
Take Profit: 184.8200
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3 478
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#EURJPY is possibly bullish
EURJPY has broken through resistance
Main Pattern: Triangle
Analysis: EURJPY has broken through a resistance line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 158.0942 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: 158.0942
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3 478
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#WTI is possibly bullish
WTI broke through important 79.7225 price line
Main Pattern: Resistance
Analysis: WTI has broken through a resistance line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 81.0723 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: 81.0723
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