Gold is in a price corner resulting from the daily upward trend line and the long-term ceiling resistance, so it is expected to fluctuate in this range for some time. On the other hand, the resistant roof has caused more fall in the second time and this will increase the possibility of fall in the third collision. However, the basal fundamental generally indicates...
A bearish trend line is drawn in a downward trending market. The lower highs are connected together to construct the bearish trend line.
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin
In the continuation of the previous ethusdt review, it can be seen that the red trend line in the indicator has been hit and broken several times. Although the red trend line has high validity, it does not appear to be a pullback. Therefore, the orange trend line will be broken due to the breaking of the trend line in the RSI indicator, and the price will...
This seems to be the last correction wave for Ethereum and the correction will be done as shown. However, it should be noted that Ethereum is currently in a volatile range and the changes as mentioned can be considered the last correction and the beginning of a thired-strong wave. This analysis will be updated soon.
It seems that the CADJPY currency pair has encountered a large long-term price action resistance at this point, and its intersection with a large divergence in the RSI is clearly evident and can lead to a drop in price up to the specified trend line.
This chart is presented in continuation of the previous chart regarding the analysis of the global ounce XAUUSD. Examining this chart in the one-hour time frame yielded the following results. These points can be points of return towards higher price levels. Thank you.
In this chart, RTM gold resistances have been accurately extracted by Fibonacci, and it is predicted that after a long-term downward trend, the global gold ounce will witness a trend change, which is predicted in this way. Thank you.
This currency pair can be one of the best pairs that can be evaluated in this period of time. As can be seen in the chart, RTM resistance lines were drawn and important resistances were identified at the end of the upward trend. Then the downward trend, which is the continuation of the overall downward trend of the market, is predicted in this way Thank you for...
The EURUSD pair is below 1.1310, to hold the negative pressure for today, supporting the move below the EMA50, waiting for the break of 1.1280 to confirm the continuation of the decline to 1.1150 as the next negative station, reminding you to continue The downtrend needs to be kept below 1.1310 and most importantly below 1.1375. The expected range of trading...
Gold seems to be facing strong resistance in the area it is in, so at this point in time it seems more logical to use the method towards targets as low as $ 1760 and even $ 1600, but when entering a resistance area with Purple has been shown to face strong support, and this could create a very high potential for gold to reach targets well above $ 2,000.
As it is known, the downward trend of gold has taken shape and it is possible that, as in the past, the gold will react briefly to the yearly pivot. But it is likely that gold prices will fluctuate amid long-time resistance, at least until the end of the year, and the corner will continue to support gold.
Nothing is clear in the financial markets, and this time the gold is fluctuating after a long period of fluctuation in indefinite intervals, this time in a very interesting and attractive range, but this time this fluctuation is very predictable in this analysis with a few The simple trendline can be seen in the process that I have outlined in this chart so you...
In a situation where many analysts are counting on the upward trend of gold, the downward trend of gold can be imagined in this way. The purpose of this analysis is to look at the market in a one-dimensional way, and what may happen is what the majority is unaware of. It can be confirmed after two or three days of gold decline, so nothing is impossible
The XAU/USD is either building a wave 2pullback or price is in a larger and more complex wave 4 correction. The bullish outlook remains valid as long as price stays above the 50% Fibonacci level of wave 4 vs 3. A breakout above the resistance trend line is the first signal of a larger uptrend continuation. A pullback is expected to retest the 21 ema zone before a...
The bitcoin trend forecast is mentioned here. As you can see, the Elliott waves are forecasted in this way. After this profit trend, the next bitcoin movement trend can be identified.
Euro Japanese Yen EUR/JPY drops below key Fib level as downside continues Today was another down day for EUR/JPY, in the last sessions, during which time the pair has dropped from above 130 to current levels around 130 (a 1.5% decline). On the face of it, Thursday’s 0.1% drop hardly feels significant, but from a technical perspective, things are more...