#GOLD... market very well hold your area in first go and placed 2350 around high. But now market just break your area and trade below from last couple of hours. What's next?? Guys according to us if market trade below 2343 tp 2346 area means you can see another drop towards next supporting area. Lets see what will be done from market... That's why I told you...
Hey everyone, let's check out what's happening with GBPUSD today! Right now, GBPUSD is adjusting its course after setting a new peak around 1.256, with a new support level identified on the chart. Later today, Fed Chair Powell will engage in a moderated discussion with Klaas Knot, the president of De Nederlandsche Bank, at the annual meeting of the Foreign...
On the above 12hr chart price action has corrected 65% since late March. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Bullish divergence. Eight oscillators print positive divergence with price action. 3) Everything that was said above is also true for the AEVO.BTC pair (see below). Is it possible price...
➖ Last week Bitcoin produced what appears to be a bullish candlestick pattern, which is good. This week, a negation happens and prices move to trade and close below EMA10. ➖ The rejection (bearish close) right after the recovery (bullish close) results in a "failed signal," these failed signals are stronger than a common signal. ➖ Bearish volume rose to hit its...
BTCUSDT Trading Strategy: On H1, the price completely broke the trend channel and was completely below the resistance mark of 61,000 USD, showing that selling pressure from bears is strengthening. Accordingly, the price continues to be below the 2 exponential moving average technical signal from the EMA 34.89, which raises hopes of a sell-off. So, it wouldn't be...
Currently, the EUR/GBP pair presents a favorable buying opportunity, with the buy zone identified at 0.85969. This suggests an advantageous entry point for traders looking to capitalize on potential gains in the market. As for profit-taking levels, targets are set at 0.86300, 0.87319, and 0.86492, offering multiple opportunities for traders to secure profits at...
Dear traders! Exiting the discount channel has caused product prices to increase impressively. At the time of writing, the crypto market is trading below the next hurdle at $63,485. The uptrend is strong as it consolidates at high levels with steady trading activity on the 1-hour timeframe. By remaining at these high levels, it is likely that $62,000 will be...
XRP should hit $18 during May As XRP has now reached the 700- day trendline.. holders today lawsuit against SEC is very important and here’s why I seek and see XRP will be victory in the court against SEC. These prices keep them in your charts ! And I fully guarantee these price hit will surely will happen. Btw if you bought XRP and owned about 1,000 XRP .....
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement as summer approaches. Looking at the FX:EURUSD chart, we can see lower highs and higher lows forming a triangular pattern. And the market is currently testing the key resistance at 1.08000 and the channel boundary. On...
As expected, the price has pulled back towards the support level around 2330, which I mentioned in my previous post. OANDA:XAUUSD price has been ranging near the previous day's low, having fallen from its recent highs. The channel border, which acts as upward trendline and a swap zone, is now being tested. This support level previously acted as resistance,...
Hello dear traders! Currently, gold price (Xau/USD) is trading at 2,348 USD, equivalent to 12 USD compared to the beginning of the session. The main reason is comments from the Federal Reserve (Fed) and increasing speculation that the Fed may delay its easing plan, which has pushed up the greenback and pulled down gold prices. With lower USD. However, signs of...
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
The Nvidia stock looks scary, to say the least. Coinbase also looks pretty bad... Everything can change though on Monday and we get an amazing surprise and everything turns to full green. We see Tesla, Nvidia and Coinbase move from full-red, as bearish as it can get on the weekly and daily time frames, to mega-mage-green... Can you imagine? I mention these three...
boost and follow for more 🔥 GME had a trend resistance zone break, retest, short trap below local support zone as the retest happened as well. I Like what I'm seeing, my moon senses are tingling ;) looking for a explosive rally to 30-40-58 once we can close above 19.74 long trigger 🎯
Hi everyone, I'm planning to open another BTC UP position on Fybit trading platform after confirmation on hourly chart. After recent price fall BTC is recovering again and ready to break 63300 resistance. I'm waiting when price will close above 63300 on hourly time frame and will open a long position with 10x leverage. First target set at 64400, Second target...
End of day update from us here at KOG: In yesterdays' report we said we would be looking for resistance to hold down the price, and if it did we would want to short into the order region below which was highlighted on the chart. We then suggested monitoring the order region for a reversal and there being an opportunity to long from there. The short worked...
Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last night’s analysis, has rallied once again, soaring to $2319! However, it wasn’t long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...
FX:XAUUSD returns to the range after a false breakdown of the liquidity zone. A strong sell-off phase is forming and price is heading towards a key support and liquidity area. On local timeframes, reversal patterns cause price to test downside resistance and confirm its presence. False breakout provokes sell-offs towards 2328, this area is key for traders....