More often than not, OANDA:XAGUSD provides clearer signals than OANDA:XAUUSD when it comes to technical analysis. In contrast to its bigger brother, Silver exhibited distinct signs of weakness right from the beginning of the year. This was evident as the price broke below the ascending trend line that had originated in October (In the case of Gold, the price...
A glimpse of the NZDCHF in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
A glimpse of the GBPUSD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Dear colleagues, the price has started a downward movement and formed wave 1. At the moment it is possible to update the minimum in the area of 2017, after which I expect the beginning of corrective wave 2 with the goal to reach 50% Fibonacci level in the area of 2039. It is possible that there will be no update of the low and the price will immediately start...
In my earlier analysis of Solana, I mentioned that the 130-140 zone was expected to present significant resistance, and there was a high likelihood of a correction toward the 80 zone. True to that projection, SoldUsdt precisely corrected within the specified range and, on three occasions since the beginning of the year, experienced a reversal from that...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 0.5661 and 0.5209 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
Hello Traders, here is the full analysis. I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your...
Good evening gold gang! hope you are all well and grabbed the winners with me on this super slow day due to the bank holiday in the US Price is making beautiful bullish price action confirming my target for 2069 this week but as we know ... alllll could change at any point hah I believe we will need to pop down for some liquidity before we come up .. so ill be...
The bird's-eye view gives us a chance to understand the possible long-term OANDA:XAUUSD price action. We can see a triangle formation. The price has broken through the upper boundary of the pattern. Alternatively, it could be an ascending triangle. So, this week we had a bullish candle closing with a fake breakout of the previous week's low. On the daily chart,...
The market is currently updating its swing highs and lows. FX:EURCAD broke and was fixed above the key level at 1.47000. I think the price will continue to update swing highs and lows because price action on the 4H timeframe is moving sideways: the market is moving between the top and bottom of the range zone. It may go up to test the major resistance and even...
The FX:EURUSD continues to range after the pullback from the resistance zone. The price is basically squeezed. It keeps bouncing off the support and resistance. The longer it stays in the range zone, the stronger the breakout is going to be. Price action made higher lows and equal highs on the 1H timeframe, showing the bullish pressure on the key resistance at...
Friday proved to be a positive day for OANDA:XAUUSD bulls, as the price successfully surpassed the significant 2040 resistance level. This level was distinguished by the descending trend line originating from the year's beginning, the horizontal resistance, and the neckline of the recently formed double bottom pattern. Following the breakthrough, the price...
As elucidated in my prior analysis, I maintain the perspective that the correction for BITSTAMP:BTCUSD is not yet complete. In fact, I anticipate a decline below the 41500 support level, targeting the 35-36k zone. From a technical standpoint, we observe a range between 41500 and 45k, with an upward break, followed by a sharp reversal—a type of price action...
The year 2023 proved to be exceptional for PEPPERSTONE:NAS100 , witnessing a 70% increase in the index. However, the onset of 2024 brought about a correction in the index. Notably, the rise observed in December is confined within a rising wedge, suggesting a potential reversal. The index has indeed breached the rising trend line of the wedge, and the recent...
If you haven`t sold KEY here: Then analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week, I would consider purchasing the 16usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $0.78. If these options prove to be profitable prior to the earnings release, I would sell at...
From mid-October to December, BINANCE:ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year. The recovery from this recent decline appears feeble, marked by a lower high on our chart, and...
As you may be aware, my confidence in ICP remains strong, and I anticipate a price surge towards the resistance zone of 20-22 in the near term. Since there is a daily inquiry about it, I've put together a trading plan that might offer some guidance. Upon a closer look, it is evident that the current trend is upward. However, up trends (or down trends), are not...
For me gold have to up a little bit more to the red line. Today i'm in NZDUSD sell and EURCHF buy