TradingStat

TradingStat

The instrument continues to be under pressure from sellers, but the current setup favors buying. The maximum current value that buyers can reach today is the level of 1.59481788. BUY scenario: The current level 1.42010910 is relevant for longs. The formed "false breakout" pattern gives a good buy signal. ...

TradingStat

Ethereum is moving down as part of a impulse down that is unlikely to stop anytime soon. The resistance level of 3287.50 does not allow buyers to recover at least somehow. Coin sales continue. SELL scenario: Level 3287.50 is a great short entry point. In addition, there is a resistance zone near this level, which once again strengthens the short position. ...

TradingStat

Soon, Bitcoin buyers and investors may be even more disappointed as the coin is trading near the support of 40964.75, which could turn into a deep fall. Presence of the price in the range of 40964.75 - 43480.15 strengthens the sell signal. SELL scenario: Shorts can be opened from the level of 43480.15. The range forms a continuation of the downward movement and...

TradingStat

As expected, now the maximum level to which gold can rise is 1827.950. In the future, if the price manages to close in the range of 1813.885 - 1827.950, then further growth can be expected. Otherwise, the direction of the metal will be towards the level of 1800. BUY scenario: This buy deal implies a trade within the range 1813.885 - 1827.950. Therefore, the...

TradingStat

Oil is likely to hold above 85$ in the near future. At the moment, a small downward correction suggests itself, but you should be careful, as the price is moving in a strong uptrend. SELL scenario: A deal to sell is expected after the formation of the third top. This setup will be as confident as possible with the target of 85.15. ...

TradingStat

A false breakdown of the downtrend channel was formed for the GBPUSD currency pair, which dampened the hawkish mood of buyers. Only fixing above 1.36700 will give an opportunity for further growth. BUY scenario: At the moment, a rollback up to 1.36700 is considered. You can look for the entry point for this small buy-position right now. The most reliable option...

TradingStat

At the moment, the currency pair is expected to move down to 1.12725, where buyers may intervene to prevent further possible fall. SELL scenario: The price today would test the level 1.13570, which still belongs to the sellers. Selling should be considered from it, provided that the price does not close above this level. ...

TradingStat

Gold is also trading near the important level of 1813.885. Near this level, there is a support area, thanks to which, as long as the price is in or above it, the metal will grow. BUY scenario: The price area 1796.685 - 1813.885 is a buy search area. Accordingly, here you need to gradually buy, of course, a very strong long signal will be price fixing just above...

TradingStat

Just at this very time, the price is at the resistance level 0.91505, where the resistance area is located. If the sellers manage to defend this level, then this may initiate a deep down impulse. SELL scenario: The main sell signal will be price fixing below 0.91505. So, for example, closing the price below this level for the time period H4 will be a good...

TradingStat

Today the price has formed a false breakout of the uptrend channel, thus activating longs for this instrument. Now a test of the level 114.310 and the support line of the uptrend channel is expected. BUY scenario: After the price approaches 114.310, you can look at longs. Here it is important that the price does not close below this level. The growth target in...

TradingStat

As for the Euro, everything is preserved and an approach to 1.14375 is expected. At the moment, the price is forming a reversal, so you can look for entry points to buy. BUY scenario: You can already look for a point to buy. Stop loss should not be set far, approximately beyond the level of 1.13830. ...

TradingStat

The metal is still confidently fixed above the level of 1813.885, which plays in favor of buyers. While the price is above this level, it means that it is necessary to consider only purchases now. BUY scenario: A buy deal is expected after a downward rollback. Most likely, the price will roll back to 1813.885, from where one can consider buying. ...

TradingStat

EURGBP has again come close to the support line of the downtrend channel. Most likely, we should expect a rebound upwards, since the downside potential is now small. Recovery to 0.83823 looks pretty and reliable. BUY scenario: At the moment, the price may once again drop to support 0.83323, from where to try to recover. Therefore, in this case, the presence of...

TradingStat

A slight recovery today can also be expected from AUDUSD. Now the price is inside the support area, which passes at the support line of the uptrend channel. A rise towards 0.72567 can be expected. BUY scenario: It will be possible to consider longs during the European session. Most likely there will be a small movement down towards the support line, from where...

TradingStat

The upper limit of accumulation has been broken and the impulse up for the currency pair will most likely continue to develop. We should expect some descent of the price to 1.13570 - 1.13830, from where we can expect further growth. BUY scenario: Entry point for buy can be confidently considered in the area of prices 1.13570 - 1.13830. After testing this area,...

TradingStat

On Friday, sellers of the CADJPY currency pair managed to break down through the support line of the uptrend channel, which indicates sales. The area of consideration for short is indicated on the chart. Most likely, the price will stay under the level of 91.270 for some time and then fall. SELL scenario: After a small recovery to 91.270, you can open short. It...

TradingStat

At the moment, the bullish potential for the USDCHF currency pair is exhausted and most likely we should expect a fall. An interesting area for sellers is located near the level of 0.91505. SELL scenario: Sales are supposed to be in the indicated area near the level of 0.91505. The price should not fix above the support line. In this case, sales are activated...

TradingStat

Oil buyers have done a great job in their favor by closing the week above the level of 85.15. Now one should expect a test of this level, from where you should set the buy priority for yourself. SELL scenario: A rollback to 85.15 is not long in coming, and on Monday you can try to sell accurately. The best option was a candlestick formation at current levels...