Myrna
Golden Rush: Amidst Inflation Fears, Investors Turn to Precious Metals
At a time of high inflation, investors are moving away from 'traditional' assets.Americans now view gold as the most trusted ‘alternative investment’. Concerns about inflation and financial stability have prompted American retail investors to explore alternative assets. Online searches a
Slow economic activity hurts EURUSD bulls
The EURUSD has been sacked out of the 1.1000 price handle after a series of economic data reports around the eurozone showed a decline in economic activities. The latest PMI report from France and German posted worse reading from the forecast and the previous month as the impact of higher interest r
XTB and Association of Individual Investors to Promote Retail Traders Rights
The dynamic rise in retail traders motivated XTB to protect their rights better.Poland's largest association of individual investors will help achieve this goal. XTB (WSE: XTB), one of Poland's largest brokerage houses, has announced a strategic partnership with the local self-regulatory Associ
EurUsd- A test of 1.1 becomes more and more probable
On Monday I've written that EurUsd is bullish as long as it stays above the 1.0740 zone. Indeed, after a short-lived spike down, the pair reversed and yesterday also we have a strong bullish day. At this moment the pair is correcting this up move and this could be considered a good oppor
AUDCAD: Bearish Outlook Explained
As we discussed on the yesterday's live stream, AUDCAD looks very bearish: the price has broken 2 rising trend line on a daily, formed a double top and broke its neckline as well. #OPINIONLEADER# The price is retesting the confluence zone based on the broken structure. Probabilities a
Follow up to GBPNZD
The bullish move that began around September 26 2022 validates a larger longer term Bull structure that has been in place since the beginning of October 2016. At the moment, accumulation activities are ongoing, which can create a near term bearish environment. However, a move lik
USDJPY catching liquidity
By building the Fibonacci OTE (optimal trade entry), I've noticed that the 4H order block is perfectly located in the range of 70.5-79% of OTE. After that, I built two Fibonacci extensions, which confirmed that the marked order block could be the key to entering a short position. But I would wait fo
GBPJPY; CONTINUATION TO THE UPSIDE?
GBPJPY has been on an uptrend for over a year and now after breaking the recent highs and corrected to the support at 162.200 We expect a continuation to the upside targeting previous highs of 168.500 break below 161.500 will make this analysis invalid #OPINIONLEADER#
USD/JPY: EMA 200 make resistance
U.S. Dollar/Yen Japanese it's look bearish from this side. So, we see that it's moving into this bearish channel flag and MACD doesn't have enough strengthen to continue up in H1 timeframe Meawhile, in H4 we see that we're into this bearish channel in formation as we see this bearish channel flag, w
CHFIDR April 27th
The Swiss Franc came under pressure from the Dollar, Euro and others in the mid-week session but would potentially be left at growing risk of further declines over subsequent weeks if the ECB toward a normalised monetary policy . Meanwhile, Rupiah strengthened because the US dollar was under pressur
EURUSD big fall follows
EURUSD big fall follows. The analysis shows that a double downward wave sequence may be forming in the EURUSD. This is because the corrective wave sequence(yellow square) is doubling. The response to this falling wave sequence may also double. In this case, the next target price: 1.07565 USD could b
EURGBP an unbeatable bear?
EURGBP on the daily chart is currently testing the string support area at the 0.83000 level. The price after a few test over the confluence between the structure and the weekly descending trendline retraced at the 0.618 Fibonacci level and tested a daily resistance level before turning again to the
Pull-up Update