RLinda

RLinda

Gold continues to show bearish strength on remaining fundamentally positive factors. But lately there have been more and more positive slogans about the future policy of the major regulators (Chart 1. Daily Timeframe. Technical Analysis) On the daily chart we see that the daily high was updated on the 16th of August 2022, the price has not yet reached...

RLinda

MASKUSDT shows positive dynamics on the background of the global fall. The price makes local highs, breaks through the local resistance, what to expect next? (Chart 1. Daily timeframe. Technical analysis) On the global chart, we see a range of 3.758 - 2.103, a neutral zone for the coin, in which the price can stay for quite a long time. On the local rising...

RLinda

USDJPY is forming a technical pullback. The Japanese Yen is strengthening on fundamentals. The price is falling 9.4% from its high of 151.940 to 137.650. (Chart 1. Daily chart. Technical analysis) Global chart: A support level of 138.460 is formed, the level is tested by a false breakdown, but without a pullback. A consolidation with locally lowering...

RLinda

Gold prices rose to a three-month high of $1785, supported by a weaker dollar amid hopes that the Fed will take a less aggressive approach to raising rates in the future. Gold has had a very strong rally from $1618 and should consolidate a bit in the short term now. However, the overall risk remains very high. (Chart 1. Price correlation between DXY, US Bonds,...

RLinda

GBPUSD reveals an excellent upside potential and aspiration for a renewal of global highs. We see the market reshaping and moving to the bullish side. (Chart 1. Daily timeframe. Resistance breakdown and bullish indicators) On the global chart, the price breaks through the resistance, which indicates the potential to accelerate growth. Targets that price is...

RLinda

DOGE is showing confidence in relation to the whole market and in relation to bitcoin. Large investors are clearly interested in the price in light of recent events (one of which is Musk's purchase of Twitter) (Chart 1. Two-Day Timeframe. Breaking resistance and moving price into the long zone) On the two daily chart we see a break of the resistance which has...

RLinda

Last week, the price of gold posted its best weekly gain since March 2020 on hopes for a slowdown in the pace of rate hikes after data showed easing price pressures in the U.S. Today, however, the price moves into a correction phase after two sessions of gains amid a rising dollar after Federal Reserve Chairman Christopher Waller warned markets that the central...

RLinda

GBPJPY is forming a trend change. On the hourly chart I have marked a downward price channel. The key area at the moment is the level of 165.54, to which the price is streaming in the distribution phase. The fundamental policy changes, which to some extent allow the strengthening of the Japanese Yen, and we see the change of the trend. The potential for a move...

RLinda

ETHEREUM is also under pressure from the entire cryptocurrency market and updated the minimum for the last 3 months, the price reached $1,073, but remarkably, the price has not updated the global minimum of 881.56. We see the formation of a false breakdown of the range support and the return of the price to the long zone. The price is in the channel again, and...

RLinda

Tomorrow opens a new five-day trading session, cryptocurrency is an exception, so trading is 24/7. What to expect in the 46th week of 2022? Let's figure it out! The dollar index falls to a three-month low Cryptocurrencies remain under pressure Fundamental factors hint at future rate cuts by the U.S. Federal Reserve Gold rises to $1772 by the end of the...

RLinda Updated 

Bitcoin liquidated $200 million in long positions yesterday as the price tested a two-year low and dipped to $18,000. All of this was blamed on a sharp and widespread drawdown amid the withdrawal of funds from cryptocurrency FTX and the spillover into a deal with its competitor Binance (Chart 1: Bitcoin's steep fall, triggered by fundamentals. Straight to the...

RLinda Updated 

Gold prices rose nearly $100 (to $1722) after U.S. unemployment data was released Friday, raising hopes that the Federal Reserve will be less aggressive in raising rates. -U.S. midterm elections provide some support for gold -Gold prices were little changed Thursday as investors refrained from making big bets ahead of U.S. inflation data -The price is...

RLinda

Gold prices rose Friday to their biggest weekly gain in more than two years. Gold is trading between $1765 and $1760. Data out of the U.S. showing inflation slowing boosted hopes that the Federal Reserve would slow aggressive rate hikes, which actively influenced bulls' motivation to increase their positions. (Chart 1. Correlation of Key Instruments (Dollar...

RLinda

EURUSD demonstrates active growth. Since Monday, during the week, the price strengthened by 2.8%, which is a tangible movement for forex. (Chart 1. Global chart showing the change in the trend of the main pair EURUSD) On the chart, we can see a breakdown of the resistance of the ascending channel, which hints that the upside movement might accelerate. I...

RLinda

USDJPY shows a downtrend after testing the 152.000 peak The Dollar index is correcting down and thus allowing the JPY to get stronger. There is a local downtrend formation and a pullback from the support at 145.138. If you look carefully, a descending triangle is forming globally. The price is trying to press the limit support area at 145.138. (Chart 1. 15...

RLinda

Gold is in a rallying phase, reaching the 1716 mark and keeping many investors and analysts focused on it. Since the open on Tuesday, gold is up nearly 2.6%. What's behind that, what should we expect to happen next? (Graph 1: in a wait-and-see format, price breaks strong resistance. Rally to 1716) The key takeaways so far: A soft CPI will raise hopes...

RLinda

EURUSD demonstrates an interesting bullish set-up. On the retest, we see a re-break of the resistance, which was formed in February. Increasing volumes, decrease of the dollar allows the national currency to strengthen. (Chart 1. Breakdown of trend resistance. Increasing volumes. The price is growing). The US dollar index breaks down the trend line of support...

RLinda Updated 

Investors are waiting for several reports and fundamentals, such as: the U.S. consumer price index report due out Thursday; the U.S. midterm elections; and the propensity for further rate hikes. Gold prices fell on Tuesday as the dollar strengthened and investors awaited U.S. inflation data that could determine the Federal Reserve's future course this week. ...