GOLD yesterday the positive news about the USD Unemployment Claims pushed the European currencies downwards and the correlation with the metals can push the value of the GOLD as for the SILVER more over the downside. In the chart, we can see a breakout of the dynamic trendline and our bias is about a new pushdown by the price.
EUR/USD yesterday the positive news about the USD Unemployment Claims pushed the EUR downwards and today the price may continue to drop more after the breakout of the dynamic trendline to the 1.0500 value. Today the S&P Global Composite PMI shows a value below 50 points showing contractions of private sector manufacturing and services companies. Following the...
SILVER yesterday broke the dynamic trendline changing the direction of the perspective of an increase in value with a strong red candle. Today the price may continue to drop more in the area of 22.000 following the new direction of the trend and the taken positions from the bear's traders.
GOLD after the solid Drop of Yesterday Today's price may recover value from the resistance area with a new bullish impulse in the direction of the main trend, bullish. Also, the price may be affected by the release of the US Initial Jobless Claims and the Retail Sales MoM, and the Core Retail Sales m/m that shows a decrease in the total sales value at the retail...
USD/JPY yesterday had a solid reaction to the FOMC release news with a bullish impulse. Today's price may be affected by the release of the US Initial Jobless Claims and the Retail Sales MoM and the Core Retail Sales m/m that shows a decrease in the total sales value at the retail level. Technical Analysis shows the price in a resistance Area in confluence with...
GOLD as EUR/USD ( Both Strongly correlated ) take advantage after the bad news released yesterday for the USD with a strong bullish impulse as predicted. Today the Market is in pullback waiting for the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bullish impulse for the GOLD and...
USD/CAD after the bad news released yesterday for the USD today the Markets will have another strong shaking by the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bearish impulse for the USD and a Growing for all the EUR pairs and correlated. Technically the USD/CAD it's inside a...
GOLD inside a Bullish trend in the last hours made a pullback on the previous support area at 1780.00 in confluence with the FIBO Level 61.8% the price is making Higher-highs and Higher following the dynamic trendline that is still working as dynamic support for the price. Our Idea is about a new Long setup following the main trend.
SILVER inside a Bullish trend in the last hours made a pullback on the previous support area at 23.20 and the price is making Higher-highs and Higher following the dynamic trendline that is still working as dynamic support for the price. Our Idea is about a new Long setup following the main trend.
The Gold makes a new pullback in a support zone where the confluence with the 50% Fibo from the previous minimum will help the price to have a new bullish impulse. The Gold is still inside a raising channel and the dynamic trendline is working as Dynamic support for the price where rebound a growing. Our forecast, looking at the economic scenario plus technical...
USD/JPY in the last session retested the resistance area in confluence with the 61.8% Fibonacci level inside a bearish channel and today, the price may have a new bearish impulse following also the positive news about the EUR and GBP zone. Our Analysis is about a new Bearish impulse by the USD against the JPY.
The GOLD is growing making Higher-highs and Higher-lows and the last pullback on the support area can help only the value of this metal to grow. From the previous Swing low today the price retested the 50% Fibonacci level and the correlation with the other Forex pairs can only help the value to grow more. The price supported by the dynamic trendline plus the 50...
A quick analysis on eurchf as we anticipate the price to hit TP1 and TP2
Bitcoin has found support overnight after a brief period of consolidation. It has also broken our macro resistance trend line that was labelled in the analysis attached. From this, we have a long position for the day to retest resistance. Please follow me and check out my profile to show your support.
Bitcoin has broken macro resistance which means there is a strong chance of a relief rally towards 17-18k. If we are able to secure these TPs then this could signal a market bottom, but we still have a way to go yet. Really tight stop loss, and a high risk-reward ratio just in case the market rugpulls. Enjoy!
Hello everyone, last night we saw a relief rally across Ethereum which wiped out the short position I have attached to this analysis. I am however sending out a second short as I believe the relief rally we experienced was standard chart physics / a fake-out. Don't forget to view and follow my profile! Thanks!
Hello everyone, before reading ahead I want to let you know I am a Bitcoin maxi, but I also have to listen to the charts. I am not convinced we have a market bottom, there are still a few questions left unanswered fundamentally speaking that will allow us to create the path for macro upside. This is the last area of macro resistance stopping the price from a macro...
Ethereum has had its relief rally today capping out at key Fibonacci levels across multiple timeframes. From this, we have an opportunity to open a short position towards the target of $1000.