BINANCE:APTUSDT forms support 8.08 and pre-breakdown consolidation, within which it breaks the trend resistance. After breaking the resistance, the market forms a local high of 11.1 after which it tests the previously broken trend resistance and the support of 8.08. The market is trying to change the trend and it is logical on the growth of the total market...
FOREXCOM:XAUUSD is trading within a descending channel, from support the price is heading towards resistance, while the dollar continues to consolidate in anticipation of tomorrow's news. Gold price after another false breakdown of support and retest of the liquidity zone forimizes the rally and tests 2040. Most likely the target for the market is embedded...
BINANCE:ETHUSD is trading within the boundaries of the 2383 and 2136 range, but at the same time the price continues to test 2300, which plays an important role in the medium-term perspective On the high timeframe we see consolidation after breaking the resistance of the ascending channel. Consolidation is formed at the intersection of the strong 2300 level...
FOREXCOM:XAUUSD within the descending price channel forms a false break of support after which we see the strengthening, which began yesterday. On the background of the downtrend the price forms a false breakdown of the level of 2031.8, after that during several hours the price fixes above this level, which forms a bullish position in the market. Within the...
FOREXCOM:XAUUSD has been declining on the basis of fundamentals since last week, which is what I was preparing you for. The price makes a false break of resistance and decreases by 1.8%. Yesterday we analyzed the situation from both fundamental and technical points of view. Gold, as we expected, is declining towards the support. The price is heading towards...
FX:EURJPY is forging a false resistance breakout amid a global bearish trend. Bearish volume is forming in the 158.38 zone Based on the fundamental background and strengthening of the Index dollar ( TVC:DXY ), the euro ( FX:EURUSD ) may lose ground. In such a case, on the background of euro weakening, Japanese yen ( FX:USDJPY ) may strengthen. Globally,...
FX:USDCAD is forming a local resistance level at 1.3364 and pre-breakdown consolidation before the news. There is a chance that price could consolidate. On D1 we see the formation of a global sideways range. Hence, we are using a range trading strategy in the global perspective. A false break of support forms a signal that price is now heading upwards....
FOREXCOM:XAUUSD is forming a global range of 2070 - 1810. In a neutral market, the price may head down from the resistance, but we have an unstable fundamental environment. The market closes the second half of the new week in 2023 in a phase of uncertainty. The price is standing still. After receiving the news, the market quickly buys back the decline or...
FOREXCOM:XAUUSD is consolidating under a strong resistance level. Yesterday the gold market received negative fundamental data, in all likelihood, which will also affect NFP ( TVC:DXY ) On the high timeframe we see the formation of a resistance zone formed by several highs and levels. At the moment the focus is on the 2050 level. After a false breakdown and...
The pound sterling FX:GBPUSD declines in the first half to 1.2615, and on Wednesday the currency pair strengthens in anticipation of news in the US market. What should we prepare for? Today we are in anticipation of strong news: ADP NonFarm EC, Initial Jobless Claims, SP PMI . Fundamentally, analysts expect the TVC:DXY to strengthen based on the expected...
FOREXCOM:XAUUSD is declining by 1.3% on Wednesday, the reason may be the fundamental nuances of the Fed, which is still trying to keep the market under control, hinting at both lowering the interest rates and raising them, to which the market reacts by strengthening the dollar. Today at 13:15 - 14:45 important news is published, which reflects both the...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
FOREXCOM:XAUUSD is weakening on the background of growing TVC:DXY . At the moment, fundamental and technical indicators are diverging and the market is trying to collect maximum liquidity before further growth. On D1 we see the formation of a false breakdown of resistance 2075. The market is in global consolidation, but locally we have a downtrend forming....
BINANCE:KAVAUSDT is overcoming trend resistance, which could give a potential rise of several tens of percent in the mid-term Against the backdrop of rising COINBASE:BTCUSD , which is overcoming the key 4-week resistance KAVA and the altcoin market shows good potential. The only nuance is that KAVA is lagging the market and continues to consolidate. An...
FOREXCOM:XAUUSD is starting to catch up with the bullish potential, which was forged at the end of 2023, when we received negative news for $. On D1 we see gold rising on the back of a weakening TVC:DXY . The price breaks through the important and historical resistance 2069 - 2070. A retest and consolidation of price above the level is forming. A price...
FOREXCOM:EURUSD is testing support in the upside plane. The support at 1.1017 plays a key role On D1 we see the formation of a retest of 1.1000 level after its break. The market may test this area not only by touching it, but also by false breakout before further growth. The TVC:DXY is likely to continue its weakening on the back of weak fundamental...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels. Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed. Next, price some time more traded in flat,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat. In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout. After this, price made upward...