EUR/USD weakens around 1.0730 in early Tuesday trading in Europe. The modest recovery of the Greenback pulls the major pair lower. Initial support is seen at 1.0685; key resistance lies in the 1.0790–1.0800 region. A break below the latter will see a drop to 1.0610, the low of April 19.
Dear traders! Gold prices increased to new bids, despite the risk-on market sentiment. The US dollar tried to recover even as US Treasury yields fell again. The path of least resistance emerges for Gold prices amid Bear Cross and bearish RSI. From the 1D chart, Titan personally appreciates the dip-buying strategy for gold to continue as long as the 2300 support...
BTCUSD trading ideas: If you are a swing investor, pay attention to the 65,000 area as long as the price holds, buyers will push the price up significantly, while on a breakout we will see the downtrend continue. Personally, I am optimistic that after adjusting to the designated area, the price will recover to resistance. A breakout and consolidation above...
Dear traders! After struggling to gain traction in the first half of Monday, EUR/USD turned north during the US session and closed in positive territory. The pair was relatively quiet early Tuesday and hovered within a tight channel above 1.0700. However, traders should note that during US trading hours, several Federal Reserve policymakers will be giving...
Hey Traders, in today's trading session we are monitoring ETHUSDT for a buying opportunity around 3,100 zone, Ethereum is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,100 support and resistance area. Trade safe, Joe.
💹 Let's dive into the Bitcoin analysis we shared last week, update it, and discuss the conditions for the upcoming week! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone...
Hello Traders, In the coming week, we are closely monitoring NZD/CAD for a potential buying opportunity around the 0.84090 zone. NZD/CAD is currently trading in an uptrend and is undergoing a correction phase, bringing it closer to the key support and resistance area at 0.84090. This level has historically served as a significant pivot point for price action,...
The USD/JPY exchange rate has seen a significant increase compared to the previous trading session. Early this morning, the currency pair surpassed the 110.50 JPY per USD mark. The USD/JPY rate is influenced by monetary policy information from the Federal Reserve (Fed) and the Bank of Japan (BoJ). USD/JPY may continue to maintain an upward trend in the short...
CADJPY look very bullish on a daily time frame. I see a confirmed violation of a neckline of an ascending triangle formation. Because the pair is trading in a long term bullish trend the growth may easily continue. Next resistance - 115.4 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring OPUSDT for a buying opportunity around 1.620 zone, OPUSDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.620 support and resistance area. Trade safe, Joe.
GBPCHF broke and closed below a key daily support. Retesting the broken structure, the price formed a narrow range on a 4H time frame. London session opening pushed the prices lower. The pair broke a support line of the range, leaving a strong bearish clue. I think that the market may keep falling. Next support - 1.1224 ❤️Please, support my work with like,...
Hi everyone, Ethereum price decreased on almost 15% and this provides good opportunity to buy it with a discount. After falling below 3400 level ETH price started to recover from this dip and currently looks stronger than Bitcoin. Also, there have been news that ETH ETF trading can start as soon as 2 July. I opened ETH UP position at 3560 price with 5x...
💹 Let's dive into the analysis of this popular forex pair at the start of the week. We'll update our previous analysis and identify new triggers for potential trades. 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to...
4H Corrective approach towards entry zone. = Sell limit Bearish W pattern also there as extra evidence. 1% risk.
Dear traders! Overall from the chart, BTCUSDT is still falling into a clear sell-off wave. (Clearly indicated by an arrow pointing down). Accordingly, the BB indicator once again shows signs that the market's price decline is gradually slowing down (moving within a BB range). So we want to look for buy and sell levels according to resistance and support. I expect...
4H Bullish impulse / break of last LH: indication . Inverse Head & Shoulders pattern: confirmation. Clear support & resistance zone is there. Corrective approach towards entry zone. More clear from a 1H perspective. -68 Fibonacci completion also aligning with entry zone. = Buy limit. 1% risk.
Dear traders! A classic bearish breakout has formed from the $72,000 resistance after failing to break above the local $74,000 resistance as expected earlier. And there is a huge selling pressure around the $68,385 level (as observed on the H1 timeframe) and if the decline continues without a broken channel resistance, the bears could target $56,000. But in the...
💹 Let's dive into this forex pair analysis and identify trigger points together to achieve a profitable week in the market, while adhering to risk management! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our...