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Showing content with the highest reputation on 01/18/23 in all areas

  1. Спасибо за бонус! The amount of 0.1 USD has been deposited to your account. Accounts: U17701077->U20 Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 13:20 17.01.23. Batch: 501663058.
    1 point
  2. Chart of the Day - Crude Oil Oil has launched a new week's trading on a positive note with Brent and WTI trading almost 3% higher on the day each. Chinese reopening is the main driver of the move. Starting from January 8, 2023 China no longer requires people arriving in the country to undergo a quarantine. Negative Covid test result is enough to enter China now. Moreover, Chinese authorities expect traffic during the upcoming Chinese New Year holiday to double from 2022 levels and amount to over 2 billion passengers. Those news boosted hopes for a pick-up in Chinese oil demand and it is pushing crude prices higher. Taking a look at WTI (OIL.WTI) at H4 interval, we can see that the price is attempting to make a break above the resistance zone in the $76 per barrel area, marked with 23.6% retracement and previous price reactions. Break above would pave a way for a move towards $77.50 swing level and potentially to resistance zone in the $79 area, marked with 38.2% retracement.
    1 point
  3. BTCUSD - Growth may not last long Experts attribute the positive dynamics of the asset to the market reaction to the publication of December data from the US labor market, which reflected signs of a decrease in inflation pressure on the national economy: the growth of average hourly wages slowed down from 0.4% to 0.3% MoM, and from 4.8% to 4.6% YoY, reinforcing investors' hopes for a slowdown in the tightening of the monetary policy of the US Federal Reserve. Traders' enthusiasm may turn out to be short-lived, as the overall national labor market still looks strong: employment rose by 223.0K, exceeding forecasts, while unemployment fell to 3.5%, confirming the threat of further inflationary growth has not been eliminated. Regulator officials note that it is too early to reverse course on the abolition of economic incentives, and interest rates need to be kept at high levels for a long time, and in the long term, the pressure of monetary factors on the digital asset market will continue. The trading instrument continues to grow towards 17830 (Fibonacci correction 23.6%) and 18350 (the area of December highs). The key "bearish" level is the middle line of Bollinger bands around 16750, the breakdown of which will let the price return to 16250 (Murrey level [5/8]) and 15700 (the area of November lows). Resistance levels: 17830, 18350 | Support levels: 16750, 16250, 15700
    1 point
  4. GBPJPY Tends Towards the Positivity Despite the GBPJPY pair’s recent weak trades, its frequent positive consolidation above 158.7 increases the chances of renewing the bullish attempts, to keep waiting to react to stochastic positivity by targeting many positive stations near 161 and 162.9. On the other hand, facing new negative pressures and crawling below 158.70 support line will force it to renew the negative trades, to expect targeting the negative stations at 158 followed by 156.6. The expected trading range for today is between 159 and 161.
    1 point
  5. EURUSD - Growth is possible. If the assumption is correct, the EURUSD pair will grow to the area of 1.1000 – 1.1196. In this scenario, critical stop loss level is 1.0485.
    1 point
  6. Crude Oil Price Attempts to Recover Crude oil price returns to rise and surpass the minor resistance 74.20, to hint new recovery attempts and head towards potential test to 75.63 as a first positive station, making the bullish trend expected for today, being aware that it is important to monitor the price when reaching the targeted level, as breaching it will lead the price to achieve more gains on the intraday and short term basis. On the other hand, we should note that breaking 73.50 will stop the expected rise and press on the price to resume the bearish trend that its next main target located at 70.30. The expected trading range for today is between 73.00 support and 76.50 resistance.
    1 point
  7. GBPUSD - Growth is possible. If the assumption is correct, the GBP/USD pair will grow to the area of 1.2900 – 1.3500. In this scenario, critical stop loss level is 1.1833.
    0 points

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