The (USDJPY) price declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, forming dynamic resistance that prevents the price recovery on the near-term basis, especially with its affection by breaking a main bullish trend line on the short-term, with the emergence of the negative signals on the (RSI), after reaching overbought levels.
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramTo view the full performance report for this week, visit the following link:
The (GBPUSD) price witnessed fluctuated trading on its last intraday levels, amid the dominance of bullish correctional wave alongside a trend line, indicating the strength and the volume of the bullish momentum of the pair, with the continuation of the positive pressures that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), after offloading the overbought conditions, opening the way for achieving more of the gains on the near-term basis.
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramTo view the full performance report for this week, visit the following link:
The price of Bitcoin (BTCUSD) opened this week with strong gains on its last intraday levels, to breach the current resistance level at $118,00, supported by the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, reinforcing the strength of the positive momentum.
The price is supported by the trading above EMA50, besides the clear bullish signals on the (RSI), despite reaching overbought levels, which might open the way for more upside moves if the price settles above the new support levels.
Therefore, our expectations suggest a rise in (BTCUSD) price in the upcoming intraday trading, if it settles above $118,800, to target the initial resistance levels at $120,700.
The expected trading range is between $118,000 support and $120,700 resistance.
Today’s forecast: Bullish
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramTo view the full performance report for this week, visit the following link:
The (crude oil) price kept declining in its last intraday trading, keeping its sharp bearish track alongside a minor bearish bias line on a short- term basis, and the selling pressures remain valid due to their stability below EMA50, these technical factors indicate the weakness of the bullish momentum and the continuation of the seller’s dominance on the trading.
The (RSI) began sending clear bearish signals, after reaching overbought levels, reinforcing the possibilities of the decline’s continuation in the upcoming period, especially if the price failed to break the near resistance levels.
Therefore, our expectations suggest a decline in (crude oil) prices in their upcoming intraday trading, if the price settles below $63.75, to target the support levels at $62.00.
The expected trading range is between $62.00 support and $64.40 resistance.
Today’s forecast: Bearish
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramTo view the full performance report for this week, visit the following link: