Gonçalo Moreira, CMT
Independent Analyst
Summary
In this video, we can see how the lines we have been following and the price levels derived from those lines were taken by astute players to buy these markets. We also convey a few recommendations on how to use charts in the case of cryptos.
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Editors’ Picks
AUD/USD turns south toward 0.6400 as sentiment sours
AUD/USD is heading toward 0.6400, having faced rejection at 0.6450 early Monday. The Aussie fades the bounce, as the US Dollar finds fresh demand on souring risk sentiment amif China's property market concerns and the hawkish Fed outlook.
EUR/USD hovers around 1.0650, focus on German IFO survey
EUR/USD is keeping its range at around 1.0650, struggling for a clear direction in the Asian trading on Monday. Markets stay risk-averse, weighing the Fed's 'higher-for-longer' rate view and lingering China concerns. Germany's IFO survey eyed.
Gold remains steady above $1,920, focus on US data
Gold price hovers above $1,920 during the Asian session on Monday. The prices of yellow metal snapped a losing streak on Friday as the US Dollar (USD) trimmed its intraday gains, which could be attributed to the falling in the US Treasury yields.
Worldcoin Price Prediction: Is WLD done with uptrend after 77% rally?
Worldcoin price has paused its uptrend as it currently trades at $1.57. This move comes after the altcoin rallied a whopping 77% in just three days, between September 13 and 16. As WLD hovers aimlessly, investors need to be patient to catch the next volatile move.
Week ahead – US core PCE and Eurozone flash CPIs eyed after rate pause signals
PCE inflation to grab attention on Friday as Fed signals higher for longer. But markets might be more worried about a government shutdown. Eurozone flash CPIs will also be the in the spotlight on Friday. Chinese PMIs to be watched for recovery signs.