OANDA:EURUSD Analysis on December 4 EURUSD is moving down in price, although the bottom has just been formed and the momentum is not really strong, but we can still watch for selling. The nearest resistance area is around 1.0950. If the price returns to this area, we will look for opportunities to sell.
The European Central Bank policymaker and President of the Bank of France said the ECB is not yet ready to consider reducing borrowing costs but will do so after 2024. Slowing inflation has allowed the ECB to clarifying the 2% inflation target from summer 2021, which could herald an adjustment in monetary policy. In addition, dovish comments from the FED pulled...
Hello TradingView Family / Fellow Traders, ETH is currently hovering around a robust resistance zone and the upper bound of the red wedge pattern. Weekly Chart: 📈 To maintain control and establish a long-term bullish perspective, a weekly candle close above 2300.0 is essential for the bulls. If achieved, a movement toward the next resistance at...
Arb is going to be bullish. just touched our entry zone. just for knowledge perspective.
As You All Can See Bitcoin Rapidly Growing Without Any Correction Since The Month Of November. But Currently Btc Is At The Point Of Greedness And Liquidity In My Perspective.so Btc Should Take Correction To Show Us A New Way.
#SILVER, market is just near to his one of the most and master area of the month , this is our supporting area, keep close it and dont be lazy here because that will play key role in current situation, no doubt its market weekly and minimum timeframe area, so have patience and trade this area, and manage you positions accordingly. trade wisely good luck
📊 Market Sentiment: Neutral to Bearish As December unfolds, the market sentiment leans towards a neutral to slightly bearish outlook. This cautious stance reflects the global financial landscape's current dynamics and the anticipation of key economic events. 🔄 Recap November stood out as the most bullish month of the year, showcasing a significant rally of +470...
Hello TradingView Family / Fellow Traders, 🏹 Based on my earlier BTC analysis (as shown in the attached chart), we have been anticipating a breakout from the triangle pattern, which is crucial in determining the market sentiment for the rest of the year. Last week, BTC successfully breached the triangle pattern to the upside, signaling a shift in momentum as...
After being blocked around the 1.1000 resistance zone, the price fell sharply in the past session as expected. Currently, a three-candle bearish reversal pattern has appeared on the daily and it has also violated the uptrend line, the signals show. This signal shows the possibility that the price will continue to adjust. Temporarily suspend trading for now, you...
The price adjusted down sharply in the last session after the mentioned Doji signal, the downward force is quite strong and GBPUSD is only gradually escaping the overbought state, this is the time we can sell lightly, waiting for the price. recover then sell back. Avoid selling below
GBPUSD's current structure is still bullish, but the market is currently at daily resistance so the current price action is slowing down but it can be seen that the short-term trend of this pair has also turned over. price increase. Looking at the H4 frame, there are currently not many signs that the market may reverse, so temporarily you can wait for the price...
So the Gold price has officially broken its all-time peak and begun the search for a new peak. The chart below is a candlestick chart that visually represents the spot price of Gold on the OANDA:XAUUSD exchange. Based on the momentum indicator below, we can see that there is still a lot of room for Gold to increase, so maybe our main strategy in the near future...
#GOLD... market reached back his supporting area after placed a 2150 near high, If you know that it's gold as usual behave, Its not a very unexpected high.. We'll keep close now 2074 because its market supporting area , If market didnot hold it then only that scenarios again further dip expected towards next levels. Otherwise not . Trade wisely Good luck
➡️ OANDA:XAUUSD ANALYSIS December 1, 2023 Gold experienced a decline yesterday, putting an end to its five-day streak of consecutive price hikes, which had pushed it into an overbought state over the past two days. Nevertheless, the downward pressure is relatively mild as the decrease recorded in the D1 bar had a limited range. The primary trend for daily...
📊 Market Sentiment Neutral to Short-Term Bearish: Entering December, market sentiment is mixed with a cautious outlook. Traders are closely watching Jay Powell's speeches for potential market-moving insights. After a record-breaking November, markets are consolidating, suggesting a period of uncertainty. 🔄 Recap November concluded with a mix of bullish runs and...
#GOLD.. market just break his downside area 2037, its market today most important support in hour chart actually , keep close it, because if market didnot hold it then we have downside area 2026 as first target. trade wisley good luck
Below is the OANDA:XAUUSD analysis on November 30 Gold saw its fifth consecutive day of price hikes yesterday, marking a sustained upward trend where the most significant surge has yet to materialize. Despite the uptick in yesterday's D1 bar, it formed a spinning top candlestick pattern, indicating a delicate balance between supply and demand throughout the...
On the first marked candlestick you can see how the volume was high and the price closed (red) immediately followed by a return big candle with strong volume (the bulls defended). Then they try again and fail. Here's the reason why i hunted low wick today after the news. I expect this time we break the 200 DMA and test $83