Kevinn_Nguyen

Kevinn_Nguyen Updated 

Hello everyone, wishing you a great trading day! After a sharp decline from the recent highs, OANDA:XAUUSD quickly regained its strength and established a clear upward trend. The H4 chart shows the potential formation of a new upward trendline, with support positioned around the 3,350 USD zone. This recent recovery is not just a technical bounce – it's...

Kevinn_Nguyen

XAU/USD has recently formed a bullish pattern, currently trading around 3,380 USD and showing an increase of more than 10 USD for the day. From a technical analysis perspective, the price is following an upward trendline and showing signs of momentum accumulation. The area around 3,350 USD provides strong support, which could establish a solid base for further...

Kevinn_Nguyen

Hey crypto community, BINANCE:BTCUSDT continues to face pressure as the price slips below $114,000 during Thursday’s trading session. Although there was an attempt to break through the $116,000 resistance, buying power remains weak, mainly due to diminishing demand from institutional players. A clear indication of this trend is seen in the ongoing outflows...

Kevinn_Nguyen Updated 

Hello everyone, what are your thoughts on the EURUSD trend? EURUSD is currently experiencing a Bollinger Bands squeeze, signaling a potential breakout in either direction. The price is trading near the lower limit, hovering around 1.157 , with two potential scenarios unfolding: Bullish scenario: The price could break upward toward 1.172, testing the upper...

Kevinn_Nguyen

Hello everyone, what do you think about EURUSD? Yesterday, we discussed the sideways movement of this pair, and now, it seems that EUR/USD is showing a short-term bullish trend. The price is currently moving around 1.165, as marked on the chart. In the short term, the market appears ready for further upward movement. With support at multiple levels (Support 1...

Kevinn_Nguyen Updated 

Hello everyone, great to see you again! Gold has been on a strong upward trajectory, breaking previous bearish structures and showing solid growth momentum. Market sentiment is heavily supported by the weakening of global currencies, particularly the US dollar, and expectations surrounding the potential interest rate cuts by the Federal Reserve. Looking at the...

Kevinn_Nguyen

Hello everyone, what are your thoughts on BTCUSD? BTCUSD is currently trading around 113,92, moving within a clear downward price channel. It seems like the price could continue to decline as the coin moves toward the lower boundary of the channel. If conditions remain favorable, I expect 110,000 to be tested in the short term. What do you think? Do you expect...

Kevinn_Nguyen

Hello traders, what do you think about USDJPY? As of now, USDJPY is showing a slight upward movement after the recent correction. The price is trading around 147.59, not changing much since the beginning of the session. The Japanese yen remains under pressure due to Japan’s slow recovery and ongoing economic challenges, giving USD an edge to capitalize on recent...

Kevinn_Nguyen Updated 

Hello traders! What’s your take on GBPUSD? The GBP/USD pair has broken below its long-term ascending trendline and is now trading beneath a key resistance zone. After a failed breakout at the newly formed trendline, price quickly reversed and dropped sharply. This resistance zone previously acted as a strong support level but has now been flipped to resistance....

Kevinn_Nguyen Updated 

Hello, what are your thoughts on EURUSD? After failing to break above the 1.1600 level, the EUR/USD pair is now facing strong selling pressure again, currently testing the mid-1.1500s on Monday. Meanwhile, the US Dollar has seen a modest rebound across the board as investors digest Friday’s sharp drop following weaker-than-expected US jobs data. From a technical...

Kevinn_Nguyen Updated 

Hello everyone, what’s your take on XAUUSD? Gold prices soared at the end of the last session and are now trading around $3,380. This sharp rise followed a weaker-than-expected U.S. Non-Farm Payrolls (NFP) report, which shifted market sentiment toward expectations that the Fed may delay interest rate cuts. As a result, the U.S. dollar weakened and demand for gold...

Kevinn_Nguyen Updated 

EURUSD has broken the ascending trendline and dropped below the EMA confluence, confirming a bearish structure. The current rebound is testing the 0.5–0.618 Fibonacci zone, but weak buying pressure and rejection candles suggest it’s likely just a technical pullback. If momentum holds, the pair may resume its downtrend toward 1.1400 and potentially 1.1296. The...

Kevinn_Nguyen Updated 

Hey everyone! What’s your take on the current trend of USDCHF? While the pair experienced a recent dip, take a step back and look at the bigger picture — doesn’t it still seem to be moving within an ascending channel? Right now, USDCHF is hovering around 0.8092 and starting to bounce back. The recovery appears to be supported by a newly formed support zone and...

Kevinn_Nguyen Updated 

Hey everyone! Let’s take a closer look at what’s happening with gold today. Over the past week, the global gold market experienced dramatic swings. Prices tumbled following cautious remarks from Federal Reserve Chair Jerome Powell, only to rebound sharply after disappointing U.S. employment data. On Wednesday, the Fed held interest rates steady, and Powell...

Kevinn_Nguyen Updated 

Hey everyone, let’s dive into what’s happening with XAUUSD! Gold is experiencing a remarkable rally this weekend, skyrocketing from the $3,285 zone to around $3,362 — gaining over 700 pips. This sharp move comes amid weakening U.S. labor market data, which has fueled speculation that the Federal Reserve may begin cutting interest rates as early as September. ...

Kevinn_Nguyen Updated 

Bitcoin is making a strong comeback, breaking above short-term resistance and reestablishing its uptrend after a prolonged consolidation phase. The technical structure now shows clear control from the bulls, with higher highs and higher lows beginning to form. Positive risk sentiment and growing expectations of capital flowing back into the crypto...

Kevinn_Nguyen Updated 

Hello traders, what’s your take on the current trend in OANDA:XAUUSD ? Looking back over the past 12 months, gold has delivered a truly impressive performance. From around $2,380 in August 2024, the precious metal surged to an all-time high of $3,432 by April this year — a gain of more than $1,000 in less than a year. But what’s more telling than the rise...

Kevinn_Nguyen Updated 

Hello everyone, great to see you again! Today, gold remains under pressure following a series of strong U.S. economic data releases, which have reinforced expectations that the Federal Reserve will keep interest rates elevated for longer. As a result, the U.S. dollar has strengthened, Treasury yields have climbed, and gold has lost its footing. On the H1 chart,...