The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The audusd pair breaks the resistance level at 0.66500 and closes the candle above this level. Now the market is testing again this level to give a big move to the upside level. There is also another strong resistance level at 0.68500. the market breaks this resistance and then turns into support, and if the market holds this support level of 0.66500 then we see...
The USDCAD creates a support level at 1.36200. There is also a vertical downward trendline that touches three times its trendline, which may drain the market downward. If the market holds this support level then the market goes upward to the trendline. But if the market breaks this support zone then the market goes downward to the 1.35600 level.
The audusd pair creates a resistance level at 0.66500. The market touched this zone three times.This resistance is very important because last three to four times price stop it's bullish momentum and moved down side towards the support area. if the market holds this resistance level then the market again goes to downward levels.
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
The dollar index broke the consolidation zone of the 106.200-105.500 range. the market broke out to a downside level and now tested its 105.500 level of support that's become resistance. If the market rejects this level then more downward to 104.800 which is the support and demand area.
The bitcoin price moves in the consolidation zone. The ATH resistance level is 73000-73800 and the support level zone is 60000-61000. If the market breaks this ranging zone and goes further upside then the market creates a new all-time high. but, if the market breaks the support level then go downward to order blocker which is 50500-51500 zone.
The dollar index moved in a triangle pattern. Last week, the market tested his upper trendline. If the market tests the upper trendline then it is 106.500 level. Another thing is there is a resistance and supply area at 107.00 level. if the market does not respect the upper trendline then further move to 107.00 level and then reject.
A stronger US dollar and fewer worries about inflation caused gold to retreat after hitting a record of 2431. Market volatility is caused by geopolitical tensions between Iran and Israel, which initially increases demand for safe havens. Fed officials' remarks that strengthen the US dollar work against the price of gold. Fed rate cut bets and bullish USD seem to...
The dollar index pair broke the resistance level of 1.04500 and closed the candle body above the 1.0500 level. the market gives some retracement at the 1.04500 level and further goes upward at the 1.0700 level which is a strong resistance level.
The gbpusd pair breaks his support level which is 1.25200. The market creates a higher low structure. Daily candle body closed below the 1.2500 level, the market gave some retracement and then downward to the 1.2200 level which is an order blocker. If there is no stop then the higher support and demand area is 1.2100.
The btc pair creates a pennant in the 1D timeframe. If the market breaks this pattern then a big move is expected, there is also an order blocker in 1d at 52500-51000 range. If the market does not give respect to the downward order block and breaks above then the market goes above 85000.
Gold's retracement to 50 or 61% is necessary for a well-executed impulsive move. Without going through a corrective phase, gold is only traveling in one direction. Each time the price has reached an Ath, and each time the pair has manipulated close to the Ath. This represents the final vertical resistance of the ascending channel of the upper period. This may...