RLinda

RLinda

ZECUSD is showing more confidence in the coin amid yesterday's fall of the crypto market and including the fall of bitcoin. ZCash shows strength from the buyers and breaks the resistance of the main bearish trend I expect a final consolidation above the previously broken border, or a retest of the support of the uptrend channel with further growth continuation....

RLinda

Gold formed a strong bullish momentum after the release of positive data on consumer inflation in the United States. This fact may positively influence the medium-term dynamics of the markets. Gold updates multi-month highs to 1824.5 The price is trading in an ascending range (price channel). The last few days the gold was in a consolidation between 1807-1765,...

RLinda

EURUSD against the background of fundamental factors breaks through the double resistance (the upper boundary of the triangle and the channel boundary). The price reaches the high of 1.067 and goes into consolidation. What does it mean? Yesterday's economic data suggests more positive conclusions in the medium term. The price breaks through the resistance and...

RLinda Updated 

Gold continues to form a correction. After a strong and confident growth, the price moves into a consolidation phase. From the resistance of 1807, the price is heading towards the support of 1765. There is a strong support zone on the chart (includes the support level, the lower boundary of the price channel, the lower boundary of consolidation). Price meets...

RLinda

DYDXUSD forms a strong momentum from the local bottom at 1.4633. The price reaches the channel resistance 1.7546, after a false breakdown of the upper boundary the price moves into the consolidation phase. The price enters the risk zone, if the DYDX overcomes the zone of 1.73, the potential to 1.819 - the peak of the volume according to the profile of the...

RLinda Updated 

Gold is entering a consolidation phase after a fairly strong and active recovery. The level of 1807 is a strong obstacle, so it needs to accumulate energy to overcome this area. In the previous idea, I pointed out the possibility of forming a pullback from 1807, which is what we got. Price is testing 1784 and giving us a reaction. Trading inside the range is...

RLinda Updated 

The USDJPY after reaching its multi-year high of 151.94 and against the background of weakening fundamentals has locally changed its trend. The Japanese Yen has strengthened, but now the price shows the reasons, which might weaken the Yen again. On the chart I marked a price channel (bearish) and today there is a breakdown of the channel resistance and price...

RLinda Updated 

Ethereum bulls have defended the $1,250 support zone. ETH is rising and could target a strong bullish wave above the $1310-1350 resistance zone. Price is getting support from MA-200 and MA-50. The blue 1250 level is a strong support on the daily chart, the bulls are actively defending this level. The pair is showing positive signs and could face an upside...

RLinda Updated 

Bitcoin finishes its correction amid a local uptrend near the 0.5 Fibo level, after which the flagship strengthens to 17296 and forms a consolidation at the key level. The price overcomes the resistance density and enters the vacuum zone on the volume profile. Essentially price enters the zone without any resistance and bitcoin can reach the 19000 zone quite...

RLinda

Gold is pushing back from strong support, confirming a bullish trend in the market. Buyers were able to hold the 1765 level. Price is in an uptrend channel, but at the same time I pointed out the formation of a sideways range of 1807-1765, in the left corner I pointed out the flat trading format. Price is moving from resistance to support and vice versa In our...

RLinda Updated 

Bitcoin reaches a local December high of 17418 (up nearly 12.5% from a two-year low). After no pullback and price consolidation near the 17065 level, bitcoin continued to strengthen, but not for long, and only to the channel resistance zone From the high of 17418, after the end of the third trend wave, the second corrective wave of the ABC format is formed. The...

RLinda

1825-1906: US begins market operations to maintain the gold standard. 1924-1931: US engages in number of market operations, including buying foreign currencies, to maintain the gold standard. 1934-1961: US Treasury creates the Exchange Stabilization Fund (ESF), conducts frequent operations directly in foreign exchange markets. 1971: Nixon Administration...

RLinda

Gold shows us a stronger bullish behavior in the market. The price pullback to 1765, to the 0.5 Fibo level and the consolidation above the level, in the long zone, shows us a bullish mood. The price is in an ascending price channel and yesterday the gold consolidated after the false breakdown of 1765. The consolidation was between 1768-1778, and the subsequent...

RLinda

EURUSD continues to strengthen. The price is in the ascending range. After testing the resistance of the range, a technical pullback to the middle line of the channel is formed On the chart I want to pay attention to the triangle. It is a kind of consolidation, where a break of this or that triangle border will cause a strong impulse. At the same time EURUSD is...

RLinda Updated 

Gold updated to a high of 1810 and then the price went into a retracement phase, which fell to the key level of 1765 and reached the 0.5 Fibonacci level, what to expect from that? We have an upward price channel and a strong uptrend on the back of loosening tight fundamentals. The price stops its correction at the 0.5 Fibonacci level and moves into...

RLinda

Gold is down $43 from yesterday's high. A technical pullback is forming to the key support level of 1765. Gold is in an uptrend channel. The price is still respecting the range boundaries and pulling back to the important support at 1765. There was a touch last night. Also, slightly above the support of 1765 is the key Fibonacci level of 0.5, which is a strong...

RLinda

GBPUSD continues to recover within the ascending range. The price reached the level of 1.23400 and started to form a correction, having made a false break of the resistance level 1.2293 The pound descends to the support area of the uptrend channel, to the level of 1.21600. The main potential for the rebound lies at the key Fibo level of 0.618, which is located at...

RLinda Updated 

Gold reached the important level of 1807.96 and drew a doji bar on the 1-hour timeframe. If the price decides to continue rising, I assume it will happen after a local consolidation above the 1807.96 level. The price is in a strong uptrend. The whole previous week was developing in the format of distributive movement, the price reached a strong resistance and...