FX:AUDUSD is approaching the upper boundary of the upward channel. After breaking through the range zone and extending its upward momentum, the price is now facing resistance. On the daily timeframe, the market has repeatedly bounced off this resistance zone, leading me to believe that it will rebound again. The price action has formed a double top, followed by a...
The release of new data triggered a surge in the OANDA:XAUUSD market, propelling it above the critical resistance zone at 2350. This break also cleared the previous week's high, which has now transformed into a support level. In my opinion, the ideal scenario would be a retracement to the broken level, followed by a continued upward momentum. I anticipate a...
Hello dear traders! Overall, gold experienced significant volatility yesterday with price gains surpassing $2,328 in a wedge pattern continuing the technical uptrend. It is currently trading at a new high of $2,353, marking a 0.2% gain on the day. So what are the reasons and factors driving gold? Speaking of impact factors, we must mention: Gold prices...
Bitcoin price remained well above the $62,500 support zone and extended its gains. BTC was able to overcome the resistance at $64,500. It even cleared $65,000 and checked $65,500. A high was formed at $65,550 and the price is currently correcting gains. There is a minor decline below the $64,000 level. However, the bulls are active near the $63,000 area. There is...
Hello dear traders! Overall, further recovery in the US Dollar (USD) drove EUR/USD to build on Tuesday's pullback and reach the 1.0730 area, or three-day low on Wednesday . That said, spot extended the recent rejection from the 1.0800 peak. Looking ahead, relatively weak economic fundamentals in the Eurozone, combined with the resilience of the US economy,...
Hi everybody, Overall BTCUSDT continues to maintain its upward trajectory with strong support from EMA 34.89. In the near future, the target could be $90,000 as it approaches the ascending trendline formed by the two previous peaks, as indicated on the chart. Fundamentally and technically, everything is positive so we can expect a bullish scenario. It is...
Hello all dear traders! Let's discuss and plan our short-term strategy today! Overall, BTCUSD experienced significant volatility over the past day with the price falling past the $63,000 mark. It is currently trading at $62,627, marking a 0.49% increase on the day, since hitting $62,179. But! At the same time a pattern has formed which we often call a triple top...
Hello traders! Overall, ETHUSDT continues to trade within a parallel bearish channel on the D1 chart, which typically determines our medium-term outlook. It is currently trading steady at $3029 and down 0.21% on the day. From a technical perspective: The H4 setup shows strong resistance of the down trend. Therefore, it is likely that the price will continue its...
Hey traders, Welcome to our crypto community! 🚀Whether you're a seasoned trader or just starting your journey in the world of cryptocurrencies, we're thrilled to have you here. We are willing to share about Bitcoin #BTCUSDT Update: 💹. #BTCUSDT was movin in the down trend and then breaks it above side. Breakout confirmation is already done✅. Retest confirmation...
#IDEXUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about IDEXUSDT IDEX is getting good volume in 12h Time frame ✅ In tha case of upside breakout Expecting massive Bullish wave 📈
#SUPERTUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about SUPERUSDT SUPER is Making falling wedge in D time frame. ✍ Expecting massive Bullish wave in coming days 🚀
My dear friends, My technical analysis for GOLD is below: The market is trading on 2360.5 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2335.4 Recommended Stop Loss - 2376.9 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Hello dear traders! In general, this pair has broken out of the wedge, signaling that an uptrend is gradually being realized. It is currently trading at 1,253 and is up 0.08% on the day. But! At the same time, the head and shoulders pattern is gradually forming. Theoretically, prices should strengthen further in the near future supported by the fact that after...
Hello all dear traders! Let's discuss and strategize our new day! Overall, the EU is facing a decline below the 1.075 breakout support during the Asian session on Wednesday. The main reason is that the US Dollar increased due to expectations that the Federal Reserve will extend higher interest rates, which supported the USD and was detrimental to the EUR....
#HIVEUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze HIVEUSDT today. HIVE is making Falling wedge has Already Breakout in 12H time frame. Expecting Massive Bullish wave 📈
Hello all dear traders! Let's discuss today's trends On the demand timeframe, we see the trend has changed as the market enters medium-term sell-off correction waves, with resistance holding the price in the context of a weak recovery to date. Personally, I appreciate that Bitcoins weakness has not stopped the decline that will continue in the near future. The...
1D - the daily timeframe is in a short context. Currently, we are in a corrective movement with the aim of overlapping the FVG. The lack of activity below the fractal compression (marked on the chart) inspires confidence. The target is 1.06. The scenario will be invalidated if the price closes above 1.088.
#UMAUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze UMAUSDT today. UMA is making Bullish pennant in 1D time frame. Incase of upside Breakout Expecting Massive Bullish wave🚀