Price moves in a downtrend,respecting the descending trendline. We can see it has rejected from 61.8 fib zone. A high probability of the retest of the descending trendline before it continues its move to the downside
Technicals show us 61.8 retracement on a daily timeframe, price action also lloks bullish, forming a double bottom on smaller timeframes. Anticipating upside move to retest the broken trendline and a significant level of 112.100
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GBPJPY looks quite bearish as geopolitical risks increase and Japanese Yen turns into safe-heaven for investors. Technically, gj, after breaking below the 143.000 gets overextended failing to close above the current level. In the futures market the bigger picture shows us a way of tapping the area of 0,00917 for 6J futures (JPYUSD)
Gold experiencing a downtrend, respecting the descending trendline on the daily nicely so far and there is a level turning out as a new resistance, which used to hold as support from the very beginning of the year. My short bias can be supported with a strengh, DXY has gained lately. Going to ride it down to previous lower levels if the breakout will not happen next week.
Long time since we haven't seen a green light in crypto world. Still anticipating on a corrective move to around 5,7k level, ideally - 50-61.8 fib retracement. I totally agree with @torayk aka @cryptowzrd on his statement of target-driven manipulated price to catch the masses with media screaming of the beginning of a new bull cycle. In fact, there was over 30,000...