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3 479
🚨NEWS FOR THE DAY
Spot BTC ETF Approval: The Potential Impact on BTC Prices!
Several cryptocurrency experts believe that a significant decision in Grayscale's legal battle could serve as a catalyst for regulations and approval of spot ETFs in the United States.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/spot-btc-etf-approval-potential-impact-prices-bold-prime-ltd
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 479
🚨NEWS FOR THE DAY
Where is the USD Heading Today?
The US dollar remained flat during the Asian session today amidst slow market movements following the closure of US markets for Labor Day on Monday.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/where-usd-heading-today-bold-prime-ltd
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 479
🔴🕙 #daily_trading_opportunities 🕙🔴
#AUDJPY is possibly bearish
AUDJPY broke through important 94.4660 price line
Main Pattern: Support
Analysis: AUDJPY has broken through a support line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 94.0263 within the next 23 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 94.0263
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3 479
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#GBPJPY is possibly bullish
GBPJPY has broken through resistance
Main Pattern: Ascending Triangle
Analysis: GBPJPY has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 185.3833 within the next 8 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: 185.3833
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3 479
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#GBPUSD is possibly bullish
GBPUSD has broken through resistance
Main Pattern: Triangle
Analysis: GBPUSD has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 1.2656 within the next 9 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: 1.2656
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3 479
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#WTI is possibly bullish
WTI has broken through resistance
Main Pattern: Triangle
Analysis: WTI has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 87.2252 within the next 13 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: 87.2252
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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 4 days and may test it again within the next 10 hours.
Take Profit: 1.1200
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3 479
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#AUDCAD is possibly bearish
AUDCAD has broken through support
Main Pattern: Triangle
Analysis: AUDCAD has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 0.8763 within the next 7 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: 0.8763
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3 479
🚨NEWS FOR THE DAY
Gold Still Holding Its Ground Despite USD Rampage!
Gold appeared unimpressed by the strengthening of the US dollar and the results of the 10-year US bond, remaining stable in early-week trading (Monday).
➡️ Click Here to Read More: https://www.linkedin.com/pulse/gold-still-holding-its-ground-despite-usd-rampage-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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#EURJPY is possibly bullish
EURJPY - getting close to psychological price line
Main Pattern: Resistance
Analysis: EURJPY 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 4 days and may test it again within the next 7 hours.
Take Profit: 157.9670
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3 479
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3 479
🚨NEWS FOR THE DAY
Steady Dollar as Traders Wager on Fed's Rate Pause
On Monday, the US dollar maintained its stability as investors analyzed US job data, which displayed signs of a slowdown, further reinforcing expectations that the Federal Reserve has likely reached the conclusion of its tightening monetary policy phase.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/steady-dollar-traders-wager-feds-rate-pause-bold-prime-ltd
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
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3 479
🚨NEWS FOR THE DAY
Oil Prices Surge as China, U.S. Economic Data Boost Demand Prospects Amid Anticipated OPEC+ Production Cuts
In the early hours of Monday trading in Asia, oil prices saw an uptick, driven by positive economic data from China and the United States, along with the anticipation of sustained crude supply reductions by major producers.
➡️ Click Here to Read More: https://www.linkedin.com/pulse/oil-prices-surge-china-us-economic-data-boost-demand-prospects
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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#XAUUSD is possibly bullish
XAUUSD broke through important 1942.1400 price line
Main Pattern: Resistance
Analysis: XAUUSD has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1948.0229 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Take Profit: 1948.0229
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3 479
🚨NEWS FOR THE DAY
6 Important Economic Data Market Focus This Week (September 4-8, 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/6-important-economic-data-market-focus-week-september-4-8
Let's start your journey. Trade with us now: https://fx.myboldprime.com/login
Trade Smart, Trade Bold Prime
3 479
🔴🕙 #daily_trading_opportunities 🕙🔴
#AUDJPY is possibly bullish
AUDJPY - getting close to psychological price line
Main Pattern: Resistance
Analysis: AUDJPY 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 3 days and may test it again within the next 14 hours.
Take Profit: 94.7700
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3 479
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#XAGUSD is possibly bearish
XAGUSD - getting close to psychological price line
Main Pattern: Support
Analysis: XAGUSD 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 5 days and may test it again within the next 2 days.
Take Profit: 24.1330
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3 479
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#EURJPY is possibly bullish
EURJPY - getting close to psychological price line
Main Pattern: Resistance
Analysis: EURJPY 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 9 days and may test it again within the next 2 days.
Take Profit: 158.0520
🔷Trade Smart, Trade Bold Prime🔷
3 479
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#CHFJPY is possibly bearish
CHFJPY has broken through support
Main Pattern: Double Top
Analysis: CHFJPY has broken through a support line. It has touched this line at least twice in the last 14 days. This breakout may indicate a potential move to 163.8116 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: 163.8116
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3 479
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#EURAUD is possibly bearish
EURAUD broke through important 1.6739 price line
Main Pattern: Support
Analysis: EURAUD has broken through a support line. It has touched this line numerous times in the last 17 days. This breakout shows a potential move to 1.6630 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: 1.6630
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