Strong reversal on cards, Base consolidation and maintaining strict stoploss can provide big chance of making green. Singapore government is watching closely. Their entry bounce and reversal and bounce back.
In the latest analysis post, I've closely examined the performance of Grayscale Bitcoin Trust (GBTC) with a particular focus on recent liquidity movements. Over the past week, spanning five trading sessions, a noticeable deceleration in the rate of daily outflows from the trust has been observed. Specifically, the average daily outflow rate has contracted by...
FOREXCOM:XAUUSD is updating highs but continues to be inside a sideways movement limited by resistance at 2065 and support at 2020. The market is in the waiting phase for NFP. Quite an interesting situation this week. The asset is forming a retest of 2062 resistance on D1, but below is a strong support at 2050-2048, which hides a large pool of liquidity behind...
GBPUSD may show further growth. There are several reasons for this, including the positive geopolitical and fundamental background for the Pound. NFP could be bad on the back of US jobless claims increasing, which could affect the employment rate. Reasons for further gains: 1) Today will be NFP. Expect the data could be bad for $ 2) Price breaks local...
EURUSD may continue its decline amid economic instability. The dollar index is strengthening on market manipulation by the Fed. The regulator is not going to reduce the interest rate early. The euro is declining against this background, showing some weakness. Reasons for the decline: 1) Market structure is changing 2) The previously broken trend plays into the...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Since USD is still in that range, just playing along with it using your mean reverting or swing trade strategies on USD majors such as EU or GU.. No trending move so far...it is what it is...just adapt :) Do check out my stream video for the week to have more...
BINANCE:IOTXUSDT is showing bullish momentum amid a correcting cryptocurrency market along with the flagship. The price is trying to break trend resistance. What can come out of it? On the high timeframe, the price forms a false breakout and a small correction relative to 0.04400. A retest is formed and the price returns to the resistance. On the background of...
FOREXCOM:XAUUSD looks quite strong and on the background of growing dollar index does not give up its positions much. Consolidation in the range of 2069.8 - 2029.6 continues. The dollar index feels overheated but still supported by the US FED & FOMC. Regulators are carefully trying to control the situation and stop any possibility of early interest rate cuts....
FX:AUDUSD broke the uptrend earlier and is testing the strong historical level of 0.65800. Against the backdrop of a rising TVC:DXY , the Aussie could lose ground and head towards downside targets. The dollar is strengthening and may show growth for the second week in a row thanks to the signs of stability of the American economy and cautious comments of...
OANDA:NZDUSD continues to consolidate in a narrow range as uncertain sentiment is also seen in the dollar index amid a challenging fundamental environment. The TVC:DXY has been consolidating below resistance for two and a half weeks, which in standard practice is a strong downside signal as resistance cannot be broken. NZDUSD pair broke uptrend support...
Gold consolidates buyers due to global crisis linked to another armed conflict. The metal is increasingly attracting capital as a hedging asset in times of crisis. I think the outlook for a few weeks is predetermined. We should expect a retest of 2150 in the near future. Reasons for further increases: 1) Armed conflict on the world's main trade artery near...
A complete bearish cup formation on this pharma stock. The stock now stands on a very crucial point, the support level around (160-185). It may take a turn after the huge fall and consolidate around these levels for sometime. RSI is also below 40.
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price a few time ago rebounded from the support level, which coincided with the support zone and declined to 1930 points. After this, XAU in a short time backed up and even rose higher than the 1975 support level, thereby breaking this level and later starting to trades...
Hello Traders, welcome to today's analysis of Gold. -------- Explanation of my video analysis: With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive...
$BLUR Price action is bullish remaining well above the 100ema and consolidating inside of the local range high/low. Nothing wrong with this chart, even if we get some volatility over the coming days. Failed reclaim of the range eq (red zone) for the 3rd time now. I like to see range eq's reclaimed as my version of 'confirmation' before taking an entry, so...
CRYPTO:XRPUSD long term is very bullish. I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure....
Gold does not update the minimum and maximum, forming consolidation, as the market is now undecided with the further direction. For the whole week, important news is published today, which the market is waiting for. Regarding the consolidation, we have 2 scenarios. Because of the impending news, there are several scenarios: 1) 2040 resistance plays a key...
GBPAUD is forging a consolidation as market participants try to decide on the potential. The level of 1.9015 is an important zone for the participants. Overcoming the boundary of the consolidation range will form an entry point for price movement in one or another direction Consolidation can lead to both ups and downs: 1) The market is testing a strong...