OANDA:XAUUSD on the background of weak dollar and favorable fundamental background realizes the accumulated potential after breaking through resistance. The price is testing the global resistance of 2431. The market is bullish again, which was supported by economic news, mainly related to inflation. Technically, the gold is again interested in strong buyers...
FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend. On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...
✅ As I expected , Bitcoin reached the 🔴 Resistance zone($65,700-$67,520) 🔴. 🌊According to Elliott's wave theory , Bitcoin is completing wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈Looking at the Market Cap USDT Dominance% (USDT.D%) chart , I see that USDT.D% has completed its Zigzag correction(ABC/5-3-5) in the...
The general trend is upward, but according to the structure of a TB position
World gold prices tend to increase with spot gold increasing by 2.3 USD compared to last week's closing level to 2,416.7 USD/ounce. Last week, world gold prices fluctuated strongly as the market continuously received important economic data along with statements from US Federal Reserve (Fed) officials. This precious metal started the trading week at 2,361.17...
The recent trend can be said to be a small unilateral rise. After this week's daily trend correction, it will quickly make up for it the next day. The energy of the bulls is very strong, and its trend is also very rhythmic! Also on Friday, the price of gold rose close to $50, which also proves the strength of the bulls from another perspective! The gold...
Hello, subscribers! Please share your personal opinions in the comments. Don’t forget to hit the like button and subscribe. The Euro faced upward pressure as expectations for two rate cuts by the Fed grew, while senior ECB officials made comments ruling out consecutive rate cuts in June and July. However, the anticipation that rate cuts will happen sooner than...
What 's up?! My friends! This is BNBUSDT chart. After breaking the GREEN downtrend line, It is currently keeps it. If it keeps the GREEN downtrend line, It will reach the RED uptrend line. * It's also worth looking forward to the rise due to the FLAG pattern.
The ups and downs of the market test the deceitful minds of traders. It seems to be going up but it feels like it is going to fall. Most of the time, the market is in such a chaotic state. Investors involved in the transaction have different personalities and moods. Different will cause hallucinations, so most investors choose subjective assumptions in this...
Hello, Friends! It's the PEPEUSDT chart. PEPE has hit a new high these days. It's coming down after recording the High high. What's the next direction? I'm looking at it like this. 1. If it keeps the GREEN uptrend line, It will reach the purple uptrend line. 2. If it breaks through the BLUE downtrend line due to strong buying-force and keep it, It can even go...
Look at that powerful trend line. MACD also shows a good situation. . . . But if we look at the news, It may take a week for the price to increase. Not too far Not too late.
Bitcoin's downtrend continues to break on the weekly outlook. As long as it cannot break, the short opportunity continues.
monthly up , weekly up , daily up. here we have a 1h RBR as the first possible entry. our second option is the 4h DBR that is lower. should the market retrace to these zones ill be waiting wit ha buy limit
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
Where are we today? We are in a rising wedge . . . and there is a risk that gold eventually breaks this primary trend levels . . . but, if past is prologue, then we should see a 15 minute retracement into our next buy at the 4 hour HWB long setup. . . around 2391-2393.6 area.
I’m trying very hard to be bullish on XLM, but it’s just rejecting every level. If it does not manage to break out from this trend line we will soon be back at 0.10 and even lower levels if we close below the 0.10 mark.
This week, as signs of stabilizing U.S. inflation increased the possibility of the Federal Reserve cutting interest rates as early as September, spot gold was boosted and took the opportunity to rise. On Thursday, it once approached the $2,400 mark, and then began to fall back under pressure of $2,397. The European market continued to fall, and the US market...
The highlight of Wednesday is the evening CPI data. Data aside, gold's technical picture is a bullish trend. It retreated and corrected on Monday, stabilized and rebounded on Tuesday. The daily cycle still relies on the support of the short-term moving average to move upward. 2277 is already the low point of the retreat. It continues to rise slowly during...