Best Trade Ideas for April
I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
September 20-25 Trade Ideas
Information is not investment advice
US stock market corrects, gold recovers and the crypto market drops hard! Best trade opportunities during this week in the article!
Let’s check the charts and set some goals!
NASDAQ (US100)
The US100 index plunges as the US dollar strengthens. The US stock market will face a big correction at the end of September!
Daily chart
NASDAQ faces the correction everybody has been waiting several months. US stock index gained by more than 120% since March 2020 drop. Targets are 14600 (2,7%) and 14000 (7,1%).
GOLD (XAU/USD)
Gold has always been the best safe-haven asset. This market turbulence period will not be an exception. XAU/USD already shows strength against the whole market, and we suppose this trend to continue. Targets are $1777 and $1783.
Bitcoin (BTC/USD)
Bitcoin price demonstrates that the community does not recognize crypto as a safe haven. Bitcoin plunges by 8% on Monday. Despite this, we expect the pullback to happen during this week if Bitcoin steaks above $44 200 by the end of Monday's trading session. Target is $47 000. If it breaks, $42 850 support level and holds below it, we will see a drop with the target at $40 500.
Similar
CAD Might Weaken As Oil Market Plunges
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Bitcoin & Gold - Safe Haven Amid Bank Crisis
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Popular
What Will Happen with the Euro? An Economic Perspective.
eurusd-is-falling-what-to-expect-from-the-future-price-movement
Will Australia's "Rampant Inflation" Prevail in May?
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
How Will BoJ Meeting Affect the Yen
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus
Choose your payment system
