SELL XAUUSD/GOLD @ 1892.50
SL: 1912
TP1: 1890.50
TP2: 1887.50
TP3: 1882.50
‼Use small lot size
SL: 1912
TP1: 1890.50
TP2: 1887.50
TP3: 1882.50
‼Use small lot size
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@rosefx03
You make an investment with us and we trade for you, after 5 days we return with profits directly to your account/wallet.✅
If you're interested, send us a text and we can get you started.⚡️
We assure you, this is an opportunity you'll love😍😍😍
@rosefx03
EUR/USD stays pressured around 1.2170 during early Wednesday morning in Asia. The currency major pair snapped a two-day uptrend the previous day while extending pullback from 10-day SMA. The following moves gain downside momentum amid the strongest bearish MACD signals since late March.
However, sellers will have a tough time breaking an ascending support line from April 08, near 1.2145, which holds the gate for the EUR/USD slump towards the monthly low of 1.2104.
During the quote’s further weakness past 1.2100, levels marked during May around 1.2050 and 1.1985, coupled with the 1.2000 threshold could entertain the bears.
Alternatively, a confluence of 10-day SMA and a downward sloping trend line from April 25, around 1.2185-90, becomes crucial nearby resistance.
Though, a clearance of 1.2190 isn’t a free pass for the EUR/USD buyers as multiple hurdles close to 1.2240 and the latest high near 1.2265 could probe the pair’s further upside.
However, sellers will have a tough time breaking an ascending support line from April 08, near 1.2145, which holds the gate for the EUR/USD slump towards the monthly low of 1.2104.
During the quote’s further weakness past 1.2100, levels marked during May around 1.2050 and 1.1985, coupled with the 1.2000 threshold could entertain the bears.
Alternatively, a confluence of 10-day SMA and a downward sloping trend line from April 25, around 1.2185-90, becomes crucial nearby resistance.
Though, a clearance of 1.2190 isn’t a free pass for the EUR/USD buyers as multiple hurdles close to 1.2240 and the latest high near 1.2265 could probe the pair’s further upside.
EUR/CHF: Trendine eroded, leaving key support at 1.0915 exposed – Commerzbank
EUR/CHF has eroded its uptrend to leave key support at 1.0915 exposed, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports.
Bullish while above 1.0915
“EUR/CHF remained capped by the 55-day ma at 1.0997 last week. Dips have eroded the 1.0915 June 2020 high, but we have not yet CLOSED below here.”
“A close below 1.0915 will neutralize the bullish longer term outlook and introduce scope to the 55-week ma at 1.0834.”
“Above the 55-day ma lies 1.1028, the 19th May high. A close above here will be regarded as bullish and target initially 1.1075, the end of April high and this guards the 1.1143/52 March high and 200-week ma.”
EUR/CHF has eroded its uptrend to leave key support at 1.0915 exposed, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports.
Bullish while above 1.0915
“EUR/CHF remained capped by the 55-day ma at 1.0997 last week. Dips have eroded the 1.0915 June 2020 high, but we have not yet CLOSED below here.”
“A close below 1.0915 will neutralize the bullish longer term outlook and introduce scope to the 55-week ma at 1.0834.”
“Above the 55-day ma lies 1.1028, the 19th May high. A close above here will be regarded as bullish and target initially 1.1075, the end of April high and this guards the 1.1143/52 March high and 200-week ma.”
Gold Price Analysis: XAU/USD faces stubborn resistance at the $1896 50-DMA
Gold price holds steady below $1900, sticking to the range play. In the view of FXStreet’s Dhwani Mehta, XAU/USD is set to extend range play near $1900, with focus on US inflation.
See – Gold Price Analysis: XAU/USD set to move lower in the near-term – OCBC
Gold to remain at the mercy of the sentiment around the US dollar and T-yields
“Gold’s range play near $1900 is likely to extend amid subdued trading action in the US dollar and Treasury yields, as the market switches to a wait-and-see mode ahead of the all-important US CPI data and ECB monetary policy announcement due on Thursday. The US inflation data could offer hints on when the Fed would scale back the monetary stimulus while the ECB is seen reviewing the pace of the emergency bond-buying program, which was boosted back in March.”
“Looking ahead, the sentiment around the greenback and yield will remain the key driver for gold price, as investors also keep an eye on stimulus and US-China updates.”
Gold price holds steady below $1900, sticking to the range play. In the view of FXStreet’s Dhwani Mehta, XAU/USD is set to extend range play near $1900, with focus on US inflation.
See – Gold Price Analysis: XAU/USD set to move lower in the near-term – OCBC
Gold to remain at the mercy of the sentiment around the US dollar and T-yields
“Gold’s range play near $1900 is likely to extend amid subdued trading action in the US dollar and Treasury yields, as the market switches to a wait-and-see mode ahead of the all-important US CPI data and ECB monetary policy announcement due on Thursday. The US inflation data could offer hints on when the Fed would scale back the monetary stimulus while the ECB is seen reviewing the pace of the emergency bond-buying program, which was boosted back in March.”
“Looking ahead, the sentiment around the greenback and yield will remain the key driver for gold price, as investors also keep an eye on stimulus and US-China updates.”
EUR/USD Forex Signal: More Consolidation Ahead of ECB Talks
The pair will likely remain in the current level today as traders wait for the ECB and US inflation data.
Bullish View
Buy the EUR/USD and add a take-profit at 1.2250 (R1).
Set a stop-loss at 1.2200.
Timeline: 1 day.
Bearish View
Sell the EUR/USD and add a take-profit at 1.2100.
Set a stop-loss at 1.2250.
The EUR/USD price was little changed in the American and Asian sessions as attention shifted to the upcoming European Central Bank (ECB) decision and US inflation data. It is trading at 1.2182, which is about 0.70% above the lowest level on Friday.
The pair will likely remain in the current level today as traders wait for the ECB and US inflation data.
Bullish View
Buy the EUR/USD and add a take-profit at 1.2250 (R1).
Set a stop-loss at 1.2200.
Timeline: 1 day.
Bearish View
Sell the EUR/USD and add a take-profit at 1.2100.
Set a stop-loss at 1.2250.
The EUR/USD price was little changed in the American and Asian sessions as attention shifted to the upcoming European Central Bank (ECB) decision and US inflation data. It is trading at 1.2182, which is about 0.70% above the lowest level on Friday.
Usdchf
The currency pair is in a downtrend, inside the price channel .
There were unsuccessful attempts to break through the price channel and change the trend to an upward one, but buyers are not strong enough.
The instrument is at the moment below two resistance lines, one of which is a strong historical level of 0.9068.
We think that the instrument after a flat in this range 0.906-0.893 will go down to the local key point - 0.87565
———————
The currency pair is in a downtrend, inside the price channel .
There were unsuccessful attempts to break through the price channel and change the trend to an upward one, but buyers are not strong enough.
The instrument is at the moment below two resistance lines, one of which is a strong historical level of 0.9068.
We think that the instrument after a flat in this range 0.906-0.893 will go down to the local key point - 0.87565
———————
Gifto Is Currently Bullish By Over 30% In the Last 24 Hours
Gifto Is Currently Bullish By Over 30% In the Last 24 Hours
Gifto price went up from $0.03095 to $0.08471 in just 4 days
In January 12, 2018, GTO price peaked at an all-time high reaching $0.9087
Today, the Gifto (GTO) price went up. It was trading at $0.08471 per unit during Wednesday morning’s trading sessions. This means that GTO is currently bullish by 30% in the last 24 hours.
Gifto is a network protocol and a product of Andy Tian, the co-founder, and CEO of Asia Innovations Group (AIG (NYSE:)). Also, it is a decentralized virtual gifting protocol running on .
Gifto claims to become the world’s largest blockchain gifting platform. Also, it intends to allow creators to create web links for fans interested in sending virtual gifts.
Gifto price went up from $0.03095 to $0.08471 in just 4 days. This means GTO surged by over 30%, with a market cap of $61,148,728 on CoinMarketCap.
Gifto Is Currently Bullish By Over 30% In the Last 24 Hours
Gifto price went up from $0.03095 to $0.08471 in just 4 days
In January 12, 2018, GTO price peaked at an all-time high reaching $0.9087
Today, the Gifto (GTO) price went up. It was trading at $0.08471 per unit during Wednesday morning’s trading sessions. This means that GTO is currently bullish by 30% in the last 24 hours.
Gifto is a network protocol and a product of Andy Tian, the co-founder, and CEO of Asia Innovations Group (AIG (NYSE:)). Also, it is a decentralized virtual gifting protocol running on .
Gifto claims to become the world’s largest blockchain gifting platform. Also, it intends to allow creators to create web links for fans interested in sending virtual gifts.
Gifto price went up from $0.03095 to $0.08471 in just 4 days. This means GTO surged by over 30%, with a market cap of $61,148,728 on CoinMarketCap.
El Salvador becomes the first country to adopt Bitcoin as legal tender
Reuters. El Salvador becomes the first country to adopt Bitcoin as legal tender
A bill seeking to accept as a legal tender has been passed by El Salvador’s Legislative Assembly.
As earlier reported by BTC PEERS, the Bitcoin law was announced by President Nayib Bukele during a live broadcast last week. He explained:
In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy. And in the medium and long term, we hope that this decision can help us push humanity, at least a tiny bit, into the right direction.
Reuters. El Salvador becomes the first country to adopt Bitcoin as legal tender
A bill seeking to accept as a legal tender has been passed by El Salvador’s Legislative Assembly.
As earlier reported by BTC PEERS, the Bitcoin law was announced by President Nayib Bukele during a live broadcast last week. He explained:
In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy. And in the medium and long term, we hope that this decision can help us push humanity, at least a tiny bit, into the right direction.