Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line.
Let's start by determining the support line and as you can see, the first support in the near future is $64,988, when the price comes out the bottom, the next one is at $63,198 and then at $60,780. Looking further,...
Hello everyone, I invite you to review the situation on BTC. As you can see, the price is struggling to maintain the level above the previous ATH, you should observe the behavior and be vigilant because just above a specific zone there is a very strong resistance level where the price should reach according to cyclicality.
The RSI indicator and the STOCH...
🛢 CL OIL, H4 🛢 27 March 2024
Crude oil prices retreated from significant resistance levels as market sentiment remained tepid ahead of key events. Investors opted to shed high-risk commodities amidst lingering uncertainties. However, losses were tempered by concerns over potential supply disruptions, notably after Russia's directive to companies to curtail output...
💵 DOLLAR_INDX, H4 💵 27 March 2024
The Dollar Index, tracking against a basket of major currencies, held firm amidst a wait-and-see sentiment among investors. With anticipation mounting for the release of the PCE Price Index data crucial for gauging inflation and scheduled for Good Friday, market movement is expected to remain subdued. Despite the holiday, Top Fed...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price has broken lower from the local upward trend line.
Let's start by determining the support and, as you can see, first we have a visible support zone from $69,984 to $69,553, and then there is support at the level of $68,307.
Looking the other way, we see...
Hello everyone, let's take a look at the BTC to USDT chart on a 1 hour time frame. As you can see, the price has moved above the downward trend line.
Let's start by determining support and as you can see, the first support in the near future is $68,540, in case of breaking the support, the next support is $67,089, and then it is worth defining the support zone...
🛢 CL OIL, H4 🛢 25 March 2024
Crude oil prices witnessed a slight retreat amidst optimism surrounding potential ceasefire
negotiations between Israel and Hamas. US Secretary of State Antony Blinken's remarks, indicating progress in talks held in Qatar aimed at reaching a ceasefire agreement for Gaza, tempered concerns over oil supply disruptions. This development,...
GBP/USD, H4 25 March 2024
The GBP/USD currency pair is exhibiting sustained bullish momentum, currently hovering near the 1.2600 level as the market anticipates further developments. Revisions in market expectations regarding a potential Federal Reserve rate cut in 2024 have emerged due to ongoing inflationary pressures in the U.S., contributing to the...
🔖XAU/USD, H4🔖 25 March 2024
Gold prices experienced a downturn as the robust US Dollar continued to dampen the appeal of
non-yielding assets such as gold. The resurgence of the Dollar, particularly following signals from
several major central banks, including the Swiss National Bank, hinting at potential rate cuts in 2024, weighed heavily on the precious metal...
Hello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further...
OANDA:XAUUSD retreats to $2,160 as US yields rebound
XAUUSD: Technical analysis
OANDA:XAUUSD lost its traction and retreated to the $2,160 area. Following a downward correction in the European session, the benchmark 10-year US Treasury bond yield recovered to 4.3%, making it difficult for OANDA:XAUUSD to hold its ground.
From a technical...
Hello everyone, let's take a look at the 1H BTC to USDT chart as we can see that the price is staying on the local uptrend line, also at the first support.
Let's start by setting goals for the near future that we can include:
T1 = $67,834
T2 = $69,089
T3 = $70,367
AND
T4 = $72,328
Now let's move on to the stop-loss in case of further market declines:
SL1 =...
🛢 CL OIL, H4 🛢 20 March 2024
Crude oil prices extended gains, reaching multi-month highs for the second consecutive session,
driven by rising geopolitical tensions, notably recent attacks by Ukraine on Russian refineries.
Concerns over supply disruptions intensified as the attacks targeted a significant portion of Russian refining capacity, leading to the...
AUD/USD, H4 20 March 2024
The AUD/USD pair remains under pressure, approaching its lowest level in March. Following the
Reserve Bank of Australia's (RBA) interest rate decision, which met market expectations by
maintaining rates at 4.35%, the Australian dollar experienced further weakness. This was
exacerbated by comments from the RBA governor indicating that the...
USD/JPY, H4 20 March 2024
The Japanese yen faced significant downward pressure, tumbling to a four-month low, even as the Bank of Japan announced the end of its negative interest rate policy and quantitative easing
measures. Market participants, having already factored in the policy change, engaged in profit-taking, leading to a sharp decline of over 1% in the...
EUR/USD, H4 20 March 2024
The EUR/USD pair has recovered from its lowest point in March, ahead of the critical Federal Open Market Committee (FOMC) interest rate decision. A hawkish stance from the Fed could place additional downward pressure on the pair. Nonetheless, the pair has been supported by encouraging data from the ZEW Economic Sentiment Index, which...
🔖XAU/USD, H4🔖 20 March 2024
Better-than-expected inflation data from the US prompted expectations of a hawkish tone from the Federal Reserve during its interest rate decision. Consequently, US Treasury yields climbed alongside the dollar, triggering a selloff in non-yielding assets like gold. Despite this, gold may consolidate within a range ahead of key events,...
Hello everyone, let's take a look at the 30M BTC to USDT chart as we can see that the price has attempted to break out of the downtrend line with the upper hand.
Let's start by setting goals for the near future that we can include:
TP1 = $68246
TP2 = $69,303
AND
TP3 = $70968
Now let's move on to the stop-loss in case of further market declines:
SL1 = $66,644
SL2...
