OANDA:XAUUSD continues to form a local bearish channel after updating the high to 2150 and strong sell-offs to the current area. There is still a huge imbalance in the market and the price could go even lower to settle the situation.
NFP could perfectly develop the expected scenario I have been telling you about since the sell-off.
Expect the data at ...
FX:EURUSD is declining and testing the local minimum on the background of strengthening of the dollar. The price is retesting MA-200 , which only increases the chances of further decline.
Today, at 13:30 GMT we will meet the NFP data, to which the market reacts quite strongly. In general, analysts expect an improvement for the dollar, as 180K is...
BINANCE:ADAUSDT is forming a breakout of the key pattern resistance, but we have not seen a corresponding reaction yet. The price is updating the 6-month high, but we did not wait for the distribution. Hopes are fueled by the formation of the "Cup with handle" pattern and the Golden Cross of MA200 & MA50
A reversal pattern "Cup with handle" is forming in...
COINBASE:BTCUSD continues to rally. At a time when many were waiting for a correction from 40K, the flagship is strengthening to the next level and preparing for a further breakout.
Fundamentally, bitcoin is backed by quite strong factors. Basically, the entire surge of interest is triggered by the influx of applications for the spot BTC-ETF. With each...
Gold prices failed to sustain short-term recovery and fell on Monday
Gold prices soared during Asian trading hours on Monday, hitting a new record of $2,150. However, as markets in Europe and the United States become more active, this upward trend is likely to quickly turn sharply lower and reverse as bond yields recover.
U.S. Treasury yields had been...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price bounced from support line and rose to $1995 support level, which coincided with support area.
In a short time price broke this level and then corrected, after which it bounced up to resistance area.
But at once Gold declined below, and then it made...
BINANCE:JASMYUSDT is moving to the phase of realization of accumulated potential. On the background of signal from moving averages the market before resistance forms pre-breakdown consolidation. As a result - breakout of the global trend resistance.
If you pay attention to the COINBASE:BTCUSD chart, the CRYPTOCAP:TOTAL chart (Total Cryptocurrency Market...
OANDA:XAUUSD continues to update lows, testing new zones, but at the same time, as part of the correction, the price confirms the boundaries of the forming descending price channel.
On D1 it is obvious that the decline in gold will continue, as there is still a huge imbalance at the expense of buyers. At the moment we are interested in the support area of...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago price reached support level, which coincided with support area, broke it, and started to rise in flat also.
After this movement, BTC corrected to support area, where it at once bounced and in a short time rose to top part of flat.
Then Bitcoin...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from $2000 level, which coincided with support area, but soon it around down and started to fall.
Ethereum declined below $2000 level, and then made upward impulse back, and also started to trades inside flat.
In flat price rose to $2125...
OANDA:XAUUSD , on the back of the residual potential from last week, is forming a rally from the opening session and testing a new global high of 2150, after which we saw the strongest sell-off.
Yesterday we looked at what could happen in gold. But no one expected an update of the highs to 2150. In any case a conglomeration of factors is important for us:
...
FX:EURUSD is forming a correction phase, within which it aims to test the support of the forming range. There are key nuances that suggest a further bullish trend, but there are also those that hint at a possible medium-term decline.
The market is laying further TVC:DXY weakness amid interest rate cuts from the Fed.
EURUSD is currently in correction on...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price bounced from $1.0760 level, which coincided with support area, and started to fall in falling channel.
In channel, Euro made two fake breakout, first of resistance line and second of $1.0490 support level, after which it started to...
Suggested decline ↓:
The currency pair is forming an ascending channel and a double top
The retest does not help the breakout.
1) Double top, buyer weakness
2) Resistance retest did not reach the high, strong zone
3) Correction after resistance retest
4) Zone of interest at the moment below 1.2603
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where it first declined below support area, but at once backed up, making fake breakout.
Next, Gold a little rose and then in a short time fell lower support area again, thereby exiting from flat and breaking $1975
After this,...
OANDA:XAUUSD is forming another range of 2050 - 2038. Retest of resistance failed to renew the maximum, thus the market may begin to form a correction to support.
The TVC:DXY has been strengthening since yesterday on the back of positive US GDP data. The expectation was 4.9, the actual data: 5.2, which is positive for the dollar.
But the controversial...
FX:GBPUSD reaches the previously mentioned target of 1.2726, a false breakdown of the liquidity area is formed and apparently a correction will be formed before the retest.
The TVC:DXY opens with a small counter-trend correction from the opening, which has a corresponding effect on the Forex market. In all probability, the index will test the previously...
FX:USDJPY is testing resistance ( old support ) on the background of correction and trend change and is apparently preparing for further decline, following the TVC:DXY , which is also weakening on the background of fundamental policy.
On D1 we see the global high renewal, but against the background of the dollar index weakening after a long strengthening...
