RLinda

RLinda

OANDA:XAUUSD is making another rally and updating the global high to 2075.4, but at the same time there is a huge imbalance in the market. Distributive retest of the resistance zone and several preconditions allow me to think about a possible correction. In the coming week we will encounter several important news that will determine the market mood and...

RLinda

BINANCE:LTCUSDT entered the local buying zone for the first time in 5 months. The price is breaking the resistance and the market is increasing the chances of transition from consolidation to distribution. On w1 we see that LTC has been preparing to realize the accumulated potential formed on the bottom for a long time. The global line is broken and the price...

RLinda Updated 

OANDA:XAUUSD continues to consolidate in the 2050 - 2035 range. Powell speaks again today, earlier the US market got a higher GDP and good Initial Jobless Claims data, how will this affect his speech and how might gold react? The TVC:DXY is testing local levels, ahead of ISM Manufacturing PMI & Prices and also at 16:00 and 19:00 GMT Powell will speak. US...

RLinda

FX:GBPJPY is forming a set-up within the ascending channel, which predicts the continuation of the trend, but for this the price needs to overcome the resistance at 188.28. On D1 we can see that fundamentally and technically the national currency of Great Britain looks much stronger than the Japanese currency, although Tokyo has been trying hard to strengthen...

RLinda Updated 

OANDA:XAUUSD is forming another range of 2050 - 2038. Retest of resistance failed to renew the maximum, thus the market may begin to form a correction to support. The TVC:DXY has been strengthening since yesterday on the back of positive US GDP data. The expectation was 4.9, the actual data: 5.2, which is positive for the dollar. But the controversial...

RLinda Updated 

FX:GBPUSD reaches the previously mentioned target of 1.2726, a false breakdown of the liquidity area is formed and apparently a correction will be formed before the retest. The TVC:DXY opens with a small counter-trend correction from the opening, which has a corresponding effect on the Forex market. In all probability, the index will test the previously...

RLinda

OKX:TONUSDT has been demonstrating excellent fundamental data lately. The market is forming accumulation of bullish potential, which may soon move to the realization phase. The price is trading under the global descending resistance line. The market continues to form an ascending price channel. It is worth paying attention to the ascending triangle and false...

RLinda

OANDA:XAUUSD reaches the previously mentioned 2050 area a bit faster than we expected. The rally is followed by a logical correction. But how long will the correction last? On D1 we see a counter-trend correction in TVC:DXY . The correction may last until the publication of GDP related news, which is published today at 15:30 GMT. Analysts are expecting the...

RLinda Updated 

OANDA:XAUUSD within a strong bullish trend is forming a consolidation in the 2018 - 2010 range. Lower volatility is forming and several candlestick indications are forming that price may test support before further distribution. On D1 we can see that the leading asset, in our case it is the TVC:DXY , is testing support, which may trigger a correction to...

RLinda Updated 

FX:USDJPY is testing resistance ( old support ) on the background of correction and trend change and is apparently preparing for further decline, following the TVC:DXY , which is also weakening on the background of fundamental policy. On D1 we see the global high renewal, but against the background of the dollar index weakening after a long strengthening...

RLinda Updated 

COINBASE:BTCUSD looks confident enough to continue its growth. The fundamental background and market expectations continue to support high interest in the flagship of the crypto market. Bitcoin practically does not react to the news related to the Binance case, the local decline was quickly bought out and the market performs another retest of resistance,...

RLinda

BINANCE:ADAUSDT is forming a breakout of the key pattern resistance, but we have not seen a corresponding reaction yet. The price is updating the 6-month high, but we did not wait for the distribution. Hopes are fueled by the formation of the "Cup with handle" pattern and the Golden Cross of MA200 & MA50 A reversal pattern "Cup with handle" is forming in...

RLinda Updated 

OANDA:XAUUSD has been forging a bullish momentum since the opening of the session and updated its global highs to $2018. The market under the pressure of increased interest, weak dollar and fundamental factor is likely to continue its growth. In the next few days, no important news that could change the situation is expected, therefore, the favorable...

RLinda

OANDA:XAUUSD gained +1.1% over the past week. The market is quite strong and the end of the trading week shows a bullish mood and several indications that the growth may continue as the asset has not reached its target yet. The week ahead is full of important fundamental aspects. On Wednesday, Thursday and Friday important news will be released, here are the...

RLinda Updated 

BITSTAMP:ETHUSD is not slowing down, the price continues to test the upper critical resistance zones for a breakout. Ethereum is stocked with a fairly strong fundamental backdrop and increased investor interest. The market is forming a range of 2130 - 1934. The middle level of 2005 plays a particularly important role - quite an important zone: a psychological...

RLinda Updated 

OANDA:XAUUSD is standing still on Thursday, which we were prepared for. The TVC:DXY opens with a subsequent decline on Friday, which gives bullish hopes for GOLD to strengthen. Let's breakdown: On the local timeframe, the prolonged consolidation is forming a symmetrical triangle, but as a strong support area is forming below the pattern and the price is...

RLinda Updated 

FX:GBPUSD after breaking the resistance of the ascending channel leads to a retest of the line in the format of a false breakout, indicating that the market is ready to continue its growth. The TVC:DXY forms a false breakout of resistance and on the peculiar fundamental background opens Friday with a slight fall, which appropriately affects the...

RLinda Updated 

OANDA:XAUUSD may be low-volatility on Thursday ( today ) and form a narrow range as it is Thanksgiving Day in the US and in Canada, which I would like to congratulate the people of these two countries!!! Moving on to gold : The market continues to test the 1984 area. False breakdowns, prolonged trading in this area indicates that buyers and sellers are...