BTCUSD continues its downward trajectory on the 1D chart today, as short-lived recoveries give way to more pronounced bearish momentum. On the chart, BTCUSD is revisiting the EMA 89 line, also approaching a key support zone in this area. There is potential for a corrective bounce from this defensive position, but certainty remains elusive as bears may target this...
Gold prices are attempting a slight recovery during the Asian session after finding fresh demand near $2,355 once again. Gold prices took advantage of the softer risk tone and sustained weakness in US Treasury yields, despite recent hawkish comments from the Fed. XAUUSD trades above 2370 and the daily chart suggests the slide could continue. Technical indicators...
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will drop to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
By checking the gold chart in the 1-hour time frame, we can see that according to the analysis we had yesterday, the price started to fall from the range of $2395 and was able to correct it by more than 400 pips to $2355! As you know, the price penetrated to these levels in order to collect liquidity, and for this reason, after collecting liquidity, we saw an...
i expect Gold to go and stop hunt the sellers before makings its way down to start collecting the resting orders for the buyers that are waiting for NFP. Don't get caught in the drama of Gold, it has a clear plan.
Gold experienced a volatile session on Wednesday, dropping to $2,354 in the US trading session. Despite the price decrease, there are signs of a mild recovery. Expectations are high for gold to surpass the $2,400 mark. Based on technical analysis, the price is gradually recovering and heading upwards. If the price continues to rise and surpasses the 60 level, it...
BINANCE:BTCUSD is testing 71572 and forming a false breakout, I have emphasized our attention to liquidity above this level in a separate idea. Trading inside the range after capturing liquidity continues and the market appears to be preparing for a halving. (April 6 idea: BITCOIN → Trading inside a sideways flat. ↑ 75K or ↓ 60K?) The false break of...
Fundamentals & Sentiment USD: The sentiment has been bullish for a while as US CPI remains sticky. As the dollar gained strength. However, it became overpopulated with buyers, as evident from CFTC reports. So, it should take some trigger for those buyers to start covering their longs - a good potential for dollar downside. The CESI differential for USDCNH has...
In my post from yesterday, I mentioned my expectation for a new drop of 500 pips in $OANDA:XAUUSD. However, despite the price dropping by around 400 pips during intraday trading, my sell order placed just above the 2400 zone was not filled, resulting in me missing out on this drop (my target was hit but not my pending sell) Upon reviewing the chart, it's evident...
Introduction - Bulls are holding 43-year trend line at 2360s while NASDAQ bears formed a soft ceiling at 2400 that should hold past through May 1st FOMC. The result has gold range bound, predominantly between 2367-2392 for the incoming nine trading days, after which gold should head for 2444 and higher. Details - Follow up to 9-1 DRAFT's failure to break out...
Hey Everyone, Please see update on our 4h chart idea we shared Sunday, which is playing out perfectly. We were looking for a retest at 2389, as our Bullish target, which was hit perfectly completing this target and no further ema5 cross and lock above this level, which confirmed the rejection. We will need to see ema5 lock above this level to see a continuation...
we are looking good for a nice drop. I will be looking for the market to test this resistance area. We may see a fake to the upside before dropping so be careful.
The three black crows is the inverse of the very famous "three white soldiers" candlestick pattern. The three black crows is a pattern that may predict a change of trend, in this case, the end or reversal of the current uptrend. ➖ The week is not over so this pattern is still in the making; not complete, needs confirmation. Once the week closes, if it does so...
📌 GBP/USD has bounced back and is trading around 1.2470 after UK CPI data beat market expectations. 📌 Inflation in the UK has now fallen to 3.2% in March, lower than the previous month's 3.4% but higher than market expectations of 3.1%. After the CPI data was released, the British Pound regained its upward momentum as rising inflation may affect the BoE's plan to...
Hi. Solana is in a correction phase, similar to other altcoins The $127 level is a strong support, but if Bitcoin experiences a breakdown below $60,000, the price could drop to the $100 support zone. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things...
Buy opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 30 pips. With the data worse than expected from the news of Second-hand home sales, I expect the price rises to the level of 1.07000 Guys, what do you think? Leave a comment with your thoughts.
People have been capitulating on alts and strong hands have bought them up on spot. Leverage got wiped out. We see TOTAL3 hitting the weekly ma20 with a hidden bullish divergence on rsi, and retesting the rsi neckline. There will not be many of these opportunities to load up spot on a weekly bull market correction. I think this is the last dip before a huge alt...
The 3h chart indicator has formed an obvious bear trend. In small-level trading, there is some rebound demand on the 30m chart, so the next focus is to focus on the resistance 2378-2383 during the rebound process. If it cannot break through, the short forces will be concentrated again, and it will inevitably fall back to around 2333, so if you can seize this...