New Zealand Dollar Weakens as Inflation Expectations Hit Two-Year Low In early European trading on Monday, the New Zealand dollar declined against the US dollar and lagged behind most other major currencies after reports indicated that business inflation expectations for the current quarter had dropped to their lowest level in two years. Technically : The price...
Nikkei Rises 0.7%, Driven by Banks and Energy Stocks Japanese stocks closed higher, with gains led by the banking and energy sectors, as the 10-year Japanese government bond (JGB) yield hit an 11-year high. Mizuho Financial Group rose 3.1%, and Sumitomo Mitsui Trust Holdings climbed 2.4%, following a 3-basis-point increase in the 10-year JGB yield to 0.975%,...
Bitcoin Liquidates $85M in Shorts, Eyeing $100K Price Target Bitcoin saw a significant surge leading up to the previous daily close, with substantial buy liquidity driving the market close to $72,000. This rally resulted in the liquidation of $85 million in BTC shorts within the past 24 hours, according to data from CoinGlass. Statistician Willy Woo...
OANDA:XAUUSD Price continued the uptrend as we had advised in our previous chart analysis, however, as the price reached $2443 where many big banks and institutional buyers cashed out led price to drop significantly. However, we expect price to grow towards $2500 which area remain a next big bull run. Currently, both fundamental and technical indicates further...
Wyckoff structure of accumulation on Gold on Daily time frame. It this confirms price Change of Character from Phase A, and now started a new Phase B. Where it can test the previous low near the AR at 2280.
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 2408 to 2410 and 2312 to 2309. Additionally, medium-risk buy/sell zone between 2327-2325 and 2366 -2368, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.07900 to 1.07835, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.07900 and 1.07835, serving as a low-risk buy. Bullish Targets📈: 1.08130: Possible retracement...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 18330 to 18315. Additionally, medium-risk sell zone between 18870-18920, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 18330 and 18315, serving as a low-risk...
Hi there, A bearish candlestick close below 169.510 could signal a bearish trend for EURJPY, and the price may fall onto the daily solid trend line. There is also an open demand area that may attract prices near the 168-167.936 areas. At the moment, the price might pulse up for potential entry points, but we are not considering that. Happy Trading, and have a...
Hello there, Above the 180.08 level, the SOLUSDT has the potential to increase up to 186.36 against the 176.83 area zone. The main price target is 186.36, extended to 187.51 for a bias of 191.06; Fibonacci levels are taken from the low of 174.44. Happy Trading K.
BTC has a chance to reach ~100k if it can get above the previous ATH of ~74k considering the recent uptrend and interest since the 57k bottom forming a higher high. Otherwise, if BTC gets under 65k, it will likely continue its range until Aug and form another pivot. More so, if it closes under 62k on a daily candle. It'll bring consideration of reaching 45k if...
Hello there, XRPUSDT analysis shows that the current candle is interacting with the 0.5387 area, with its high pinning the LH(L) pattern. I've marked the L and H points with a vertical line, which extends over the RSI (Relative Strength Index). This (L) indicates that the price is bearish below the 59.07-RSI level. We're looking for a demand zone, where the...
Hello there, The BTCUSD price is likely to drop towards the support levels of 69244-68648 and then potentially reverse its direction, aiming for the price target of 71234. It's a high-risk setup due to unclear support and resistance levels. The current market trend is uncertain, with prices moving within a range. For the price to rise, it needs to break above...
Hi there, The price has the potential to drop to the 0.618-0.5 price levels, which would result in a bias of 2342.451 over the gold price. As long as the price remains below the 55.05 RSI level, it is considered bearish. However, if the price reverses and breaks above 2474, the setup will be rendered invalid. Best regards, K.
Hello Traders ! On Thursday 16 May, The GOLD Price Reached a Strong Resistance Level (2399.695 - 2431.590). Let's Expect The Bearish Scenario: if The Market Breaks and Closes Below The Higher Low (2371.010 - 2378.610) We Will See a Huge Bearish Move📉 ------------- TARGET: 2304.000🎯
Key Levels in the Chart: 1. **Support Area (Green Zone):** - This zone is near the $0.30 level and acts as a strong support. The price has reacted to this area several times. 2. **Resistance Area (Red Zone):** - This zone is near the $0.80 level and acts as a strong resistance. The price has touched this area multiple times but failed to break through. 3....
Hi there! I'm buying the GBP/USD : -RMID (Range Manipulation Initiation Distribution) -We have liquidity. -We have an interesting zone. -We have the optimal fibo. -We have accumulation before/on the zone. -We are with the trend.
Hi there! I'm a buyer on XAU/USD : -RMID (Range Manipulation Initiation Distribution) -We have liquidity. -We have an interesting zone. -We have the optimal fibo. -We have accumulation before/on the zone. -We are with the trend.