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EURO - Price can break resistance level and continue to riseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price traded inside flat, where it declined to resistance area and then rose to top part of flat. Also, when price rose to top part of flat, EUR made a first gap and then made downward impulse. Price exited from flat and continued to decline inside falling channel, where it broke $1.0760 level and continued to fall. Later price reached $1.0520 level, some time traded near, and then declined to $1.0335 points, exiting of falling channel. Euro started to grow inside rising channel, where it made a second gap and some time traded between $1.0520 level. Now price trying to break $1.0520 level, and I think it can break it and continue to grow to $1.0720 in channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
5
GOLD → False breakout of resistance. Is a correction coming?FX:XAUUSD on the background of CPI on Thursday passes into a rally and realization of consolidation. The price is testing the resistance of 2721 and forms a false breakout. Traders in anticipation of PPI After the release of CPI, there is a 90% chance that the Fed will cut rates by 0.25% next week. Gold hit a two-week high due to the Middle East, optimism over China's economic stimulus, CPI news. PPI and weekly jobless claims data also remain in focus, which could provide new hints on further Fed policy easing and the direction of the US dollar ahead of next week's Fed meeting. Sentiment around the Fed and risk trends will continue to play a decisive role in gold price dynamics. Technically, the price is in a global wide flat. A false breakdown of resistance is forming and a correction may form. Resistance levels: 2721 Support levels: 2700, 2682 The retest did not allow the bulls to pass through the resistance. In the near future the price may test the nearest support and form a bullish correction from which further growth or fall will be initiated. We should also take into account today's news Regards R. Linda!
FX:XAUUSDShort
by RLinda
3
BITCOIN → Trend reversal? The end of growth? Or ...BINANCE:BTCUSD still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation. several possible scenarios regarding current levels and the current situation Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel. The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now. The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions. Resistance levels: 99K, 101.3K, 104K Support levels: 95.9K, 91.6K If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level. If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
3
GOLD → Breaking through channel resistance. Growth attemptGOLD is coming out of the channel. Bulls are trying to take the situation into their own hands and keep the defense above 2665. The metal has a chance for local return and growth to 2690 - 2720. Growing geopolitical tension in the Middle East (Syrian government collapse) compensates local growth of the dollar, which is generally favorable for the metal. But, risks of dollar growth remain on the background of inflation growth in the U.S., which in general can strengthen the hawkish position of the Fed policy makers on the interest rate. At the moment all attention is focused on CPI / PPI. Profit-taking is possible due to high risks. Gold is coming out of the local channel, but is still trapped inside the global channel. Price may test the zone of interest before important economic data. Support levels: 2660, 2655, 2636 Resistance levels: 2673, 2688, 2721 The breakout took place and the metal is trying to go up. The target is 2688. But we should be careful, because geopolitical tensions, upcoming economic data may cause corrections and profit taking Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
EURO - Price can enter to resistance area and then start to fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined inside falling channel, where it bounced from $1.0580 level and fell to $1.0460 level. Then price broke this level and fell to $1.0330 points, thereby exiting from channel, but then it made upward impulse. Also, Euro made a first gap, after which started to trades inside flat, where it at once made retest and started to grow. Price rose to $1.0580 level, some time traded near, and then dropped to support level, making a second gap. Next, price in a short time rose back to resistance level, made a fake breakout, and now trades below in flat. Possibly, Euro can enter to resistance area again and then start to decline to $1.0500 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
ETHFI → A door has been opened to the bulls. Resistance retest BINANCE:ETHFIUSDT is forming a bottom. The coin continues to accumulate potential giving signs that the price is preparing to go up. The fundamental background is changing to favorable The U.S. presidential election and Trump's victory have a favorable impact on the cryptocurrency market in the medium and long term. This will be especially visible after the inauguration of the new (old) president :). Fundamentally, the market opened another door.... Technically, there is a clear bottom at 1.092 with no attempts to renew the low, and a basic cascading support is formed, indicating the buyer's strength. The focus is on consolidation of 1.798 - 1.092. The price exit from this channel will be accompanied by a strong distribution (most likely upward) Resistance levels: 1.798, 2.761 3.240 Support levels: 1.302, 1.092 There is a conglomerate of resistances ahead (descending line and channel boundary at 1.798). In the near future the market may continue to test this area with a breakout target. If the bulls can keep the defense above these areas, the rally will not be long in coming. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHFIUSDT.P ;) Regards R. Linda!
by RLinda
2
BITCOIN → The market is getting ready to pass 100K. New targets?BINANCE:BTCUSD after a strong rally is consolidating without the possibility to form a deep correction, which indicates that the coin is ready to update the highs and go higher, for example, to 100-105-110K. Despite the fact that bitcoin is losing its dominance in the market and it is possible to say that the alt season is open, the flagship of the cryptocurrency market has a huge potential to continue the rally. At the very least, the market is interested in reaching 100K, from which we are one step away. Fundamentally: whales continue to accumulate the asset, buying up at every opportunity. Trump with his policies on cryptocurrencies is still a strong driver for the flagship and the cryptocurrency market as a whole... Technically: The recent local correction is just a trap to gather liquidity before further growth. Pullbacks are now attracting large institutional buyers Resistance levels: 99K, 100K Support levels: 94.7K, 91.25K, 89.2K An ascending triangle can be seen on the chart, which can be interpreted as a buyer's interest in breaking the resistance. The bulls continue to put pressure on the market. Trigger 99K. If this zone is broken, bitcoin could go to 105K Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
43
EURO - Price can bounce down from resistance area to $1.0385Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few days ago price bounced from $1.1000 level and rose to $1.1205 points, after which turned around. Then price started to decline inside falling channel, where it at once reached and broke $1.1000 level. After this, EUR fell to support line of falling channel, and then bounced and rose to resisatnce line, making a first gap. Price made downward impulse, thereby exiting from channel and starting to trades inside flat, breaking $1.0585 level too. In flat, Euro fell to bottom part but then turned around, made a second gap, and now trades close to $1.0585 level. In my mind, Euro can enter to resistance area and then start to decline to $1.0385, which coincides with bottom part of flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
10
GOLD → Consolidation. Which way will the momentum go?FX:XAUUSD in consolidation phase. The market is nervous because of misunderstanding of further actions in anticipation of news. What to expect and what can happen? The US labor market is stronger than expected, but the dollar remained cold amid expectations of more important news. At the moment, there is a 75% chance of a 0.25% interest rate cut. But, the dollar is still in demand due to the unstable geopolitical background. At the moment gold depends on the US employment data, ADP and Powell's speech Bad employment data may increase the probability of further Fed rate cuts in 2025. And vice versa. But, this background is unlikely to create a medium-term potential for gold..... Also, in the perspective of NFP... Technically, gold is in consolidation and the price exit from the flag boundaries may be accompanied by a strong impulse. The probability of a further fall is a little higher... Resistance levels: 2651, 2660 Support levels: 2636, 2618 Gold continues to test the support 2636, which only increases the probability of a breakdown and further fall. But on the background of the news, the price may test the resistance before a further fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
3
EURUSD → Consolidating before the news.... FX:EURUSD is in a current downtrend, but there is news ahead and traders are waiting for hints about the US monetary policy. The currency pair has not yet reached the local target... On D1, the struggle for space continues after the false breakdown of support. Also, the market is still yet to test 1.061 - 1.065 - the key liquidity zone. Ahead of ADP Nonfarm, PMI and Powell's speech, where, according to analysts, the issue of rates, US monetary policy may come up. Any hints of an aggressive rate cut could reinforce buying in the Euro and selling in the Dollar. However, we can't know this ahead of time, so the market may remain in consolidation until the news. Resistance levels: 1.0606, 1.0654, 1.076. Support levels: 1.0448, 1.033 Technically, the currency pair can form an upward momentum to key resistance areas, from which the decline can resume. But, if the price breaks the support and consolidates below 1.044, the decline may start earlier. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Short
by RLinda
1
GOLD → Consolidation. One step away from distribution...FX:XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support.... Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on PMI, Powell's speech on Thursday and NFP on Friday... A rebound in US dollar demand early Tuesday kept gold buyers on the back foot. China's ongoing economic problems and the threat of global tariffs from Trump, geopolitical tensions in eastern Europe and escalating conflict in the Middle East continue to weigh on investor sentiment. The future direction of the gold price is likely to depend on upcoming employment data and its impact on expectations of a Fed rate cut Resistance levels: 2660, 2655 Support levels: 2634, 2618, 2605 Since there is no even direction on the market and the price is inside the channel, we will consider trading from its borders. Therefore, a false break of the key resistance may provoke a fall to the support of the range. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
18
AEVOUSDT → One step away from a 200-400% RALLYBINANCE:AEVOUSDT is forming a market bottom. Against the backdrop of bitcoin's declining dominance, altcoins have a great chance of realization. And AEVO has an opportunity for a 200-400% rally Relative to the bottom, the coin is forming a consolidation of 0.269 - 0.534. Consolidation is big enough and if the realization starts, the impulse can be formed quite aggressive, especially on the background of excitement. Technically, the emphasis is on 0.534 - 0.594. If the price breaks this resistance area and the bulls are able to keep the defense above this zone, the coin will open the way to 0.8, 1.12, 1.34, which is a 200-400% move. Resistance levels: 0.534, 0.594 Support levels: 0.455, 0.269 A breakthrough of the first line of defense is being formed. The bulls have quite positive chances. Realization can start any minute. Medium-term target is 1.127, long-term target is 1.34 Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:AEVOUSDT ;) Regards R. Linda!
Long
by RLinda
13
GBPUSD → Counter-trend correction before further declineFX:GBPUSD within the correction reaches a zone of interest and resistance from which the decline may resume as the dollar returns to a northbound rut ... Traders continue to fight for the 1.267 area, an area that is a strong enough support. Buyers don't have much of a chance as the dollar looks quite strong on the back of Trump's policies and is putting quite a lot of pressure on the forex market. Technically, the downtrend is the priority and we will be pulling back from it. Key zones: 0.5 Fibo and the boundary of the downtrend. False breakout may provoke further decline. Resistance levels: 1.275, 1.284 Support levels: 1.267, 1.264 False breakout of resistance will indicate the bears' domning and may provoke further selling. It is also worth emphasizing 1.267-1.264. A breakdown and consolidation of the price below this zone will also confirm the bears' intention Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;) Regards R. Linda!
Short
by RLinda
19
GOLD → Interest in metal is growingFX:XAUUSD on the background of support from the dollar correction updates local maximums and aspires to the liquidity zone. Reduced liquidity due to the holiday weekend in the West also plays its role on the markets Gold holds within the boundaries of the local ascending channel on the background of restrained dynamics of the US dollar, mainly due to the data on inflation... Dovish sentiment regarding further Fed policy actions continues to support the gold price, which is not a subject of interest. There is growing interest in gold as a hedge asset on the back of the exalized conflict in Syria, as well as in Eastern Europe. Technically, the emphasis is on the channel borders, as well as on the resistance of 2677 and 2690. A sharp approach of the price to these zones may provoke a pullback. Resistance levels: 2667, 2677, 2690 Support levels: 2660, 2654 If the bears hold 2660, the gold may correct to the channel support. But at the moment the price is heading towards the resistance. Keep an eye on these levels! Regards R. Linda!
FX:XAUUSDLong
by RLinda
8
NZDUSD → False breakdown of a double bottom. But...FX:NZDUSD is forming a local reversal pattern on the background of the dollar correction. It is too early to talk about a change of trend, but we can get a correction with the purpose of retesting the liquidity zone On the daily timeframe earlier a false breakdown of the double bottom was made, the price was not let down and in a few days began to buy out on the background of news on inflation from the USA. Traders took the decline in inflation relatively positively and moved to profit-taking in the dollar, which gives the forex market a chance. For now, the focus is on the 0.59-0.5912 zone. If the bulls can keep their defenses above this zone, we may get a rise to 0.597 (towards the descending channel resistance) in the long run Resistance levels: 0.5912, 0.5972 Support levels: 0.588, 0.58166 But, we should not deny the downtrend. From any resistance the price can continue downward movement, as there are no preconditions that the market is ready to change the trend. Regards R. Linda!
Long
by RLinda
5
EURJPY → Support breakdown. Attempt to change the trendFX:EURJPY seeks to renew lows. The dollar rally is negatively affecting both JPY and EUR. The Eurozone has yet to face Trump's policies, while Japan is already going through a rough patch.... The currency pair is exiting the ascending channel, hinting at a trend change. The price breaks support and consolidates in the selling zone. Ahead is the key support at 161.2, the breakdown of this zone may provoke the bears to more active actions. Technically and fundamentally, the currency pair is entering the downward rally phase, so the trend change is just the beginning.... Resistance levels: 162.04, 162.5, 163.2 Support levels: 161.16, 158.4 The focus is on the channel boundaries, resistance at 162.04 and support at 161.16. From these zones an aggressive fall may be possible, as buyers do not believe in a positive outcome at the moment Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;) Regards R. Linda!
Short
by RLinda
4
EURUSD → Correction after false breakdown before further fallFX:EURUSD is taking a chance amid the local correction of the dollar. The currency pair can test the local highs. But! You need to be careful as there will be a lot of news today. Fundamental background is generally negative. (Trump's victory, tariffs for European export goods, lower interest rates and so on). This all accompanies the global and local downtrends. Accordingly, in our case, since a false support breakout is forming on the chart, we should wait for a retest of resistance and reversal patterns to further consider selling attempts with the purpose of further decline. Resistance levels: 1.0606, 1.065, 1.076 Support levels: 1.0517, 1.044, 1.033 Accordingly, we follow the nearest resistance, if bears behave aggressively on the background of the news, the price will continue to fall from these areas Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Short
by RLinda
6
GOLD → A break of 2600 will make buyers panicFX:XAUUSD is returning to the sell-off phase due to the change of fundamental background. Buyers are unwinding their positions and the price is entering the sell-off zone The main reason for the fall is the ceasefire between Israel and Hezbollah. The first rumors appeared early Monday morning and the market reacted accordingly. Everyone is still waiting for the actual confirmation of the rumors. Also Trump is beginning to hint at increased tariffs on goods from Canada, Mexico and China. Active actions will start in January, after the inauguration of the new US president. But, the risks are still high due to the escalated conflict between Russia and Ukraine. Technically, gold is returning to the channel, marking a strong resistance at 2632 and 2620. (a retest of the zone is possible before a further fall). Resistance levels: 2632, 2620 Support levels: 2605 A price consolidation below 2620 or below 2605 will strengthen the sell-off phase. The fundamental background is weak, which increases the pressure of bears. In the mid-term, I expect the decline to continue after the breakdown of 2605-2600 Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
19
GOLD - Price can continue to grow inside rising channelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price traded inside flat, where it made a gap and then bounced up, thereby exiting from this pattern. Next, price started to decline inside falling channel, where Gold broke $2740 level and fell to $2660 level. Price tried to grow, but failed and declined more, until to $2610 points, after which exited from falling channel. Then price fell to $2535 points, after which Gold started to grow inside rising channel, where it broke $2580 and $2660 levels. Next, price rose to resistance line of channel and made correction to $2660 level, after which continued to rise. I think that price can correct to support level again and then continue to grow to $2740 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
5
GOLD → An unexpected shakeup. What's next? 2700 or 2600?FX:XAUUSD closed the session perfectly on Friday, hinting that it was preparing to move up to conquer the highs. But Monday morning's news shook up the market, eliminating buyers. What happened and what to expect? Gold's decline in the Asian session was due to news from the Middle East, with Israel tentatively approving a ceasefire agreement with Hezbollah in Lebanon. But, on the other hand - the escalation of the conflict in Eastern Europe, where the situation has become more complicated to some critical limits over the past few weeks. This is a two-edged sword. The market will react to any news coming from the two regions. No economic news is expected on Monday. Technically, the focus is on the sideways range of 2731 - 2660 and internal levels, among which the price may look for support.... Resistance levels: 2673, 2689, 2731 Support levels: 2660, 2643 If the price consolidates above 2673, then we should wait for a retest of 2689 (0.5 fibo). If the bulls continue to press the market, the gold may test 2721. But if the bears hold 0.5-0.7 fibo and retest 2660, then we should wait for a correction to the zones of interest and liquidity before a possible pullback Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
18