➡️ Currency traders observed the Euro maintaining its bullish position against the US Dollar today, persistently aiming for the 1.1000 mark and finding support at 1.0900. However, the Euro faced a decline against the British Pound, reaching a two-week low. ➡️ Changes in investor sentiment can be attributed to evolving expectations regarding the monetary policy of...
➡️ Recent trends in gold prices are primarily influenced by US monetary policy. Gold has successfully surpassed the $2,000 level and is anticipated to conclude the week with positive gains for the second consecutive time. Despite this, some organizations hold the view that the potential for further increases in gold prices is limited. The Federal Reserve's...
Ethereum bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 2111 is expected to happen.
Hi everyone, it's time to talk about ETC. For more than a year the asset has been in a large accumulation zone and the stopping factor for the price growth was the 200 day EMA and the descending trendline, which is one of the facets of a symmetrical triangle/descending triangle. The price recently managed to consolidate above the EMA-200 but further growth was...
➡️ GBPUSD has approached the weekly resistance zone and we see the price weakening in momentum. That means the price forms a higher peak, but it is clear that neither the candlestick nor the distance to create the peak is strong. However, this is not a reversal signal. If we want a reversal trade from this zone, we need more confirmation. ✔️ So with this...
Price is trending up. On the 1hr a complete setup with a 4hr engulfing confirmation. Entry on confirmation.
TomiNet has been following this project for a long time and so far on the chart everything looks not quite bullish, but against the background of the growth of the whole market and the latest announcement from the developers that they are going to make an important statement at Binance Blockchain Week that will be held in early November in Istanbul, I expect a...
Here we have NASDAQ:MSFT this is a very interesting one. My bias is to the upside for a swing but, this really could go either way. But either way it goes, MSFT is in for a massive move. As you can see here we have formed a trendline and a resistance line on the 4 hourly chart. What I assume will happen is that we break the upper resistance line on the daily...
In this video, I did a top down analysis on eurusd where I started from the daily timeframe all the way down to the 1h timeframe. I talked about the parallel channel visible on the 4h timeframe and the uptrend visible on the 1h timeframe, I also talked about the levels on both timeframes to watch out for. I also spoke about the things I'll want to see before I...
Cosmos broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 8.23 is possible.
We've been waiting a lot for this signal! But now, we can reach new heights! We are above weekly and monthly levels! There was a sunny setback, and a nice clean bounce back! Let's go!
NYSE:JMIA seems to have formed a double bottom around the $2.3 support area. Price action seems to be picking up, yet to break the double resistance area though ($2.6-2.8) before it can rally up to $3.4 part of wave-3. With earnings coming up this week, anticipating stock to be a bit volatile. Disclaimer: This is not financial advice. Please make your own...
Yesterday, again EURUSD couldn’t break the resistance at 1,0960. There are no grounds for new trades at these levels. Upon a breakout the next goal will be 1,1000. We will be looking for another buys after breakout, test and a deeper correction.
Trading Pair: AUD/USD Trade Type: Short (Sell Stop) Trade Signal Details: Entry Price: 0.65590 Stop Loss: 0.66166 Take Profit 1: 0.64985 Take Profit 2: 0.63729 Trade Analysis: The trade involves shorting AUD/USD with a Sell Stop order to enter the trade if the price falls to 0.65590. The stop-loss is set at 0.66166 to limit potential losses. Two take-profit...
Chart has taken multiple support from the trendline wait for perfect breakout or breakdown. Big move coming on this monthly expiry.
Trading Instrument: UK100/FTSE 100 Trade Type: Long (Buy Stop) Trade Signal Details: Buy Stop Entry: Adjust spread according to server values Entry Price: 7466.2 Stop Loss: 7442.7 Take Profit 1: 7480.3 Take Profit 2: 7489.0 Trade Analysis: The trade involves going long on UK100/FTSE 100 with a Buy Stop order to enter the trade if the price rises to 7466.2. The...
XRP found its way out of the bear channel after a 3-leg push downward followed by a bullish reversal. The price meandered sideways and fell below the 30EMA and 200EMA ribbons looking for support. Are we ready for takeoff? Or are we going to sub $0.50? How do we trade this? The current price is at $0.60 above the support zone of $0.57. Sideways outside of a bear...
Trade 1: Low Risk, Low Reward Trading Pair: EUR/USD Trade Type: Short (Sell Stop) Entry Price: 1.09156 Stop Loss: 1.09428 Take Profit: 1.08805 Trade 2: High Risk, High Reward Trading Pair: EUR/USD Trade Type: Short (Sell Limit) Entry Price: 1.09620 Stop Loss: 1.09723 Take Profit: 1.08805 Trade Rationale: Trade 1 (Low Risk, Low Reward): Aiming for a short-term...