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USDCAD has been steadily climbing since the start of October, with nine consecutive bullish days. The price has now reached significant levels on both the weekly and daily timeframes. However, as it nears the resistance area, the candles are shrinking, signaling a potential loss of momentum. Zooming out, it's evident that the price has dropped from the 1.38500...

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The market is currently testing a key psychological support level at 193.000 after a period of consolidation following recent bullish momentum. If GBPJPY closes above the 194.000 level, it could indicate continued upward movement, setting the stage for a retest of the resistance zone above this level. Given the recent bullish sentiment, a clear break and close...

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SHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before initiating an upward impulse move. The most recent swing upward was stronger than the previous one, signaling a potential increase in bullish momentum. Growing expectations of a possible bull run could act...

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With no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the...

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The market broke through the 1.1000 round number following the negative NFP data for EURUSD, pushing the price below the September low. There's a strong possibility it could retest the next round number at 1.0900. The weekly candle reflects growing bearish momentum, and zooming out reveals that this level has historically acted as a key support multiple times. If...

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Last week, BTCUSDT bounced off resistance and dipped to retest the psychological support level at 60,000. After the retest, the price rebounded and broke above the 62,500 level, which had been tested and respected five times in the past. The recent bullish candle further underscores the strength of this level, breaking through it with momentum. On the daily...

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TONUSDT bounced off the psychological level at 6.00 and is now heading toward the support level near 5.00. A significant bullish divergence has formed on the 1H timeframe, increasing the likelihood of a bounce off the support level and the downward trendline. The market may enter an accumulation phase between the 6 and 5 levels. With bearish momentum fading, the...

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The GBPUSD is currently in a consolidation zone after reaching a resistance area. While the market remains in a bullish trend on the daily timeframe, indicating ongoing demand pushing prices higher, the recent break of the upward trendline suggests a temporary pause in bullish momentum. This break hints at a possible slowdown as the market consolidates, preparing...

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Since the launch of the platform for meme coins, the Tron network has garnered significant attention in the crypto space. The price action of TRXUSDT looks promising, characterized by a smooth formation of higher highs and higher closes. Recently, the market pulled back from the resistance zone and is now testing the support level at 0.1525, which has been...

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EURUSD has sharply declined following news of escalating tensions in the Middle East, which triggered a surge in the DXY, pushing down other currency pairs. The market formed a double top at the resistance level and failed to close above it. Currently, it is heading toward the bottom of the range. Zooming out, you'll notice the price action has been oscillating...

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BTCUSDT continues its downward trend, with a noticeable lack of buying pressure since late August. The price action has been characterized by consistent lower lows and lower closes. Even on the daily chart, we see this pattern persisting, despite a recent false breakout below the July low, with the price hovering near that level again. Historically, September...

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DOGSUSDT has experienced a sharp decline, dropping almost 50% from its all-time high (ATH), potentially presenting a discounted buying opportunity. However, recent price action shows it has broken and closed below the key psychological level of 0.001, signaling weakening bullish momentum. The price is now testing the 0.0009 support level, which is crucial as the...

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EURCAD recently broke and closed above a downward channel, forming an ABC move. This bullish breakout marks a notable shift in momentum after a prolonged downtrend. The price has now approached a key resistance area, where previous sell-offs occurred, indicating potential resistance at this level. Given this setup, a short-term pullback is expected as the market...

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EURUSD has been in a bullish trend, and the recent impulse move down, followed by a pullback that took out liquidity below the 1.1100 support level, could signal the end of a correction. This behaviour is typical in bullish markets, where price pulls back to gather liquidity before resuming the upward trend. Given the overall bullish sentiment, there is a strong...

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BTCUSDT has reached the 65,000 resistance zone, a level where a significant drop occurred previously. Although the market broke and closed above the downward channel, it remains in consolidation on the daily timeframe, oscillating between the range's top and bottom. The price is currently near the top of this range, suggesting a potential bounce. A divergence at...

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ADAUSDT has reached the resistance zone at 0.39, where it was rejected with an engulfing candle pattern, signalling potential bearish pressure. The market has been moving sideways for the past two months on the daily timeframe, while the overall trend remains bearish, consistent with other altcoins. With the price at the top of the range, there is a strong...

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GBPAUD has been respecting the upward trendline for over a month but now appears poised to break through, potentially triggering a significant sell-off. On the daily timeframe, the price action looks quite bearish. The formation of a consolidation zone just above the trendline suggests the market is preparing for a potential breakout. Consequently, the market...

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SOLUSDT recently tested the psychological level at 160, forming a double top pattern, which could signal a potential reversal or consolidation after reaching this key level. Prior to this, the market broke and closed above another significant level at 150, a bullish indication that buyers are stepping in. On the daily timeframe, the market is currently testing a...