BTC: Waiting for a Bearish Confirmation BTC looks like it is losing the bullish steam. So far it's still bullish, but overall it's taking the form of a bearish pattern. A move below the pattern could push the price further and probably this could be the start of a larger bearish wave. The price will face a very strong resistance zone near 40K and if this zone...
EURUSD Looks Ready to Move Down to 1.0750. EURUSD faced again a strong resistance area near 1.1000. This zone was previously tested at the end of November 2023. After the FOMC we had this week, the price tested 1.1000, but this time we could see an aggressive sell-off. During this week we may see a small correction before the price lowers again. The...
OIL: #2-Another move down is possible - very risky I am not changing a single word from the previous analysis because nothing changed:) During the previous two months, the price of oil was more speculated by OPEC than we can imagine. Since the beginning of the war between Israel and Palestine, they repeated several times to support the supply of oil and later...
DXY in a Possible Recovery Soon The FOMC dumped the USD across the currency board, but in my personal opinion, it was just a big speculation. Fed Chairman Powell sent no bearish signal. The entire press conference was well prepared and in line with all the economic indicators. The US economy is performing well. The market is only speculating about an interest...
NEON/USDT: A Bearish Correction Is On The Cards The price completed a bearish harmonic pattern in the 4-hour time frame. Currently, we can see that the price is struggling to rise further and this is rising the chances for a bearish correction. The stochastic indicator is also supporting a bearish move at this moment considering that it is pointing down. So...
AUDUSD Advances To Daily Highs Around 0.6730 During the last two days, AUDUSD managed to create a new top after FOMC. This shows that more bulls are joining the long trading scenario and it may rise further during the coming days. You may find more details on the video analysis! Thank you!
CADJPY: Learn Trading in a Simple Way In today's analysis, I will show you a simple way to trade. This is a combination of a multi-timeframe analysis with a structure analysis. This gives you higher chances in the market You can watch the video for further details! Thank you!
EURGBP: LONG - Structure Analysis EURGBP tested a very strong support zone on a daily time frame, which proved to be strong several times in the past. The price is rising by showing that we have buyers in that area and it is likely to test 0.8620 soon. If the price manages to break through the first zone it will reach 0.8660 easily Stochastic indicator is in...
EOS: Don't Miss The Big Bullish Wave In this video, I analyzed EOS and I shared many details. This can be one of the best long-term trading opportunities. You can find more details in the video! Thank you and Good Luck!
AUDCAD: Structure Analysis AUDCAD is in a very strong zone so far. It is moving between 0.8900 - 0.9055 for many days. I wouldn't be surprised if it moves down again. the trading range is really good about 155 pips. A move above 0.9055 should push the price up near the resistance zones. A move below 0.8900 should push the price down to the support zones but...
GOLD: Eyes on the FOMC -Between The Bullish and the Bearish Move Eyes on the FOMC meeting. The first topic is related to current interest rates. Secondly, the projection of interest rates will have greater importance. The market will pay attention to the numbers and whether the Fed will modify the interest rate projection this time. It will have room for...
US500: Multi Time Frame Analysis - Long The bigger picture for US500 is bullish The price broke out from a strong daily resistance zone after a long period. The daily zone located near 4600 stopped the price during the previous weeks. On the 4-hour chart the price broke out also from a bullish pattern by adding the chances for a bullish continuation movement...
ETH: It keeps Rising ETH broke out from a wedge pattern some hours ago and now it looks better. The FOMC interest rate decision is adding more fuel to the fire and it looks like Ethereum many rise without any problem in the short term. Indicators are overexerted but they can continue to expand more considering how strong the bullish volume seems to be for the...
NZDCHF: Further Decline is Expected Price broke out of a sort of triangle pattern. The bearish breakout appears to be very strong and this move could support the bears to push the price further. Immediate support should be found near the first structure 0.5317. If the price breaks through the first zone, then the second zone near 0.5290 will be exposed to...
OIL: Another move down is possible - very risky During the previous two months, the price of oil was more speculated by OPEC than we can imagine. Since the beginning of the war between Israel and Palestine, they repeated several times to support the supply of oil and later to cut the supply of oil. Each time OIL price moved in the opposite direction to their...
Matic: Possible Support Near 0.7300 Matic is about to move down for a correction during these days. if this is going to happen a possible strong support zone is found near 0.7300. From that area, we may see Matic rising further. You may find more details in the video! Thank you and Good Luck!
BTC Struggles Around 44550 After a long period of time, BTC quickly recovered a large area thereby creating a new peak near 44550 during the past week. I was looking for the price to rise further, but it seems to be losing bullish steam. BTC faced a strong resistance zone near 44550 bringing the price down to 40380. The bearish move was near -9.3% and was...
After the price broke through 1.2610, we can see a strong bearish volume that is taking place. It is still a bit tricky but so far the price has reached 1.2610 from the previous analysis and also 1.2500. Following the better-than-expected US NFP data on Friday, the USD is positioned to move down some more until FOMC. This increases the chances of the USD moving...