OANDA:XAUUSD has been trading in a very narrow range lately with low volatility, while the dollar index is standing still. Something very turbulent is coming. A stalemate and confusing situation is forming on D1. On the background of retests of resistance areas and attempts to break the upper trend boundaries, trading volumes are decreasing in the market....
FX:EURUSD is forming a trend change amid the strengthening of the TVC:DXY . Important news is expected today, which can affect the market in different ways. On D1 we see the formation of a strong accumulation at the dollar index. Earlier and still the dollar index is supported by rather strong comments from the US regulators, which negatively affects the...
FX:GBPJPY is forming a false break of the resistance at 188.3 and is forming a consolidation, within which it can be seen that the market is under pressure from sellers. On D1 we see the formation of the global range 188.3 - 179.9. The price is forging a retest of the resistance of the range in the format of a false breakdown. After that consolidation will be...
BINANCE:XRPUSDT is testing trend support after exiting the triangle. Traders' interest in Ripple continues to grow on the unstable fundamental background On W1 we see a formed bottom, the bulls do not let the price to this area, continuing to cumulate the potential within the framework of gradually rising prices. An uptrend continues to form on the chart, but...
OANDA:XAUUSD is breaking through several resistance lines. But there are a few nuances that hint that this breakout may be false. Pic: Global range and no clear strength among buyer or seller On the two charts from the high timeframe, we see a breakout of resistance. Technically, we should expect further growth. But I am very much confused by the lack of...
BINANCE:BTCUSD is not reacting to the negative news about Grayscale transfers to exchanges, and and the recovering interest allows the market to redeem the correction a bit. Pic: Idea: BITCOIN → Why might the price drop to 34K before halving? The correction phase is not over, as the price has not yet left the boundaries that can confirm the end of this...
FOREXCOM:XAUUSD has been testing trend resistance since the opening of the session. At the same time, the dollar index continues to consolidate, but within the upward trend. Regarding the trend resistance XAU we observe a retest, if we pay attention to the volumes, they are absent. What is the probability of a short-squeeze in such a case? The market may go...
FOREXCOM:XAUUSD continues to forge a bearish correction amid a localized decline in interest due to a strengthening dollar index. Pic: Bearish pressure on the 2025 level On D1 we can observe the sawing of 2025 level on the background of strong struggle, buyers have formed quite a huge pool of liquidity below 2025-2020. But on the background of market...
FOREXCOM:XAUUSD continues to forge a downward price channel as the dollar index strengthens on a positive fundamental backdrop. In general, this is a negative scenario for gold, but the bulls continue to keep the price from a strong fall as much as possible. Pic: Consolidation of price below 2025 under pressure from downward resistance Today Core PCE PI is...
BINANCE:IOTXUSDT is showing bullish momentum amid a correcting cryptocurrency market along with the flagship. The price is trying to break trend resistance. What can come out of it? On the high timeframe, the price forms a false breakout and a small correction relative to 0.04400. A retest is formed and the price returns to the resistance. On the background of...
OANDA:XAUUSD is entering the distribution phase after the consolidation phase. The market is trying to test the local lows, but will the price go even lower, because there is news ahead. The 4H clearly shows an uptrend within which a correction is forming. Until the price overcomes the area of 2015 - 1980, we should not talk about a global change in the...
FX:USDCAD is forming a trend change. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. But, how will the price behave during the news? A global trend is forming on D1, which indicates neutrality in the market. The price is moving mainly from the borders of the global range. A reversal pattern is...
FX:EURUSD is forming an attempt to change the uptrend amid the strengthening of the TVC:DXY . The price is testing the resistance at 1.0888 in the correction phase. Pic: Dollar index consolidation between MA-200 and MA-50 If we pay attention to the dollar index, we can see that it has been standing still during the week. Most likely, tomorrow's news: ...
FX:EURJPY tests resistance and forms a false breakout, but now the price is stuck inside the range and forms consolidation on which the further scenario depends. On D1 the price stops at one of the intermediate resistance levels - 161.4. Euro as well as Japanese Yen are getting weaker against the general background, the strong fall of Japanese Yen will...
FOREXCOM:XAUUSD continues to consolidate in the range of 2035-2020. It is likely that tomorrow's news may revitalize the market. Today the market continues to stand still, this can be seen in both the dollar and gold. Consolidation continues as the market is still uncertain with the future outlook, this could continue until tomorrow as tomorrow's news is ...
FOREXCOM:XAUUSD continues to stand still, as does the dollar. The market is uncertain due to many different nuances, mainly fundamental and political factors. On D1 we can see that gold does not have any definite trend at the moment, on H1 there is a downward range, but it plays a mediocre role. Since for now gold is in the range of 2052 (2035) - on top and...
OANDA:NZDUSD is testing strong support at 0.6086, but the market is not forming a logical bounce or reversal. The price continues to test the support, which reminds us of the "Flag" pattern, the essence of which is the continuation of the movement. On the daily timeframe I marked the key level 0.61038. A false breakout is formed and there is no logical...
OANDA:XAUUSD opens lower on Monday and is testing 2025 for a breakout. Technically, gold is weaker than the dollar as regulators continue to support the index. Fundamentally, the gold market is only watching the dollar's behavior. The dollar index is consolidating after a micro rally, but both technically and fundamentally the index may strengthen. The market...