FX:XAUUSD reaches the 2400 mark on Friday before facing a profit-taking. There is a possibility that traders closed positions before the strong news that occurred from Saturday to Sunday.
There is no correlation with the dollar now, which makes it easier for technical analysis. In fact, we have a strong bullish trend and strong support in the form of the...
OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment.
On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar.
On H4 it is worth...
Probably the most popular Stock Exchange Traded Bitcoin Trust at this time, AMEX:GBTC has started a consolidation that may turn into a small triangle formation. Triangles are a form of a consolidation that can work to pattern out excessive price gains without a run or correction down.
This is the weekly chart where we can see that GBTC is now above its previous...
Pair: BTCUSDT
Timeframe: H4
Direction: Short
Technical Confluences for Trade:
- Stochastic momentum is close to Overbought Conditions
- Price action close to few Horizontal and Resistance Trendlines
- Aiming for the 1st 23.6% Fibo Retracement
Fundamental Confluences for Trade:
- There is a large diversion between the positioning of Long-Term &...
-Failed back below horizontal breakout level and previous ATH
-Below 9, 21, 50, and 55 daily moving averages
-From failed moves come fast moves
-Major support at confluence of:
1. March 2024 low
2. 89 Daily ema,
3. Rising trendlines Dec 2023, Jan 2024, and Feb 2024 highs
4. Rising trendline connecting Jan 2024 and Feb 2024 lows
Hi folks today I'm prepared for you Gold analytics. A few moments ago price reached the resistance zone, which coincided with resistance 2, but soon price turned around and in a short time declined to resistance 1, thereby exiting from the 1.0850 - 1.0870 resistance area and starting to trades inside from consolidation. In range, the price at once rebounded from...
FX:XAUUSD is still holding very strong even amid strong news. The range of 2365 - 2328 is being formed. Buyers and sellers are fighting for the lower level.
Today the market is waiting for PMI and Initial Jobless Claims. Yesterday we got a high CPI of 0.4% instead of 0.3% and an inflation rate of 3.5%, which is a generally unsatisfactory scenario for the...
FX:XAUUSD continues to grow. Yesterday there was an emphasis on the liquidity area located near the previously broken channel boundary and the level of 2328. A false breakdown resumed the rise and today the price reached 2354.
Since the opening of the session, the price is heading again and testing the new global high formed on Monday. Based on the...
FX:AUDUSD forms a retest of the descending channel resistance, but there is no fall. Against the background of the dollar correction, the currency pair may move into the realization phase after the channel breakout.
Moving averages, trend resistance and pre-breakout consolidation, with strong support zones, to which a large buyer does not let the price go. An...
Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price declined to the resistance level, which coincided with the resistance zone, and soon broke this level. After this, ETH made a retest and in a short time declined to the support level, which coincided with the support zone and even lower, thereby breaking the 3235 level and reaching...
The S&P500 currently looks a lot like the mid-December to mid-January consolidation 👀
Here's what a short term bullish case might look like.
As always, DYDD and be sure to manage risk.
FX:XAUUSD has been reaching 2354 since the opening of the session amid strong excitement. The price is leaving the trend boundaries and continues to form new bullish ranges.
Strong bullish trend is realized on the background of important geopolitical news, related to the crisis in the Middle East, Eastern Europe, as well as a huge interest in hedge gold....
Looks how many times has tried to break the 45 level. Also has been consolidating for a long time. Now is sitting on the 42 level, not a very important support but could be enough to push another try and break out. I don't have a SL here, even is the 42 level is broken down there is another support at 35. I would buy more there. First target 53, then will see.
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to support 2, which coincided with the support zone, and at once rebounded and started to rise, but soon fell back and even lower support zone, reaching the trend line. After this, the price turned around and in a short time broke support 2 and then continued to move up between the...
FX:XAUUSD within a strong rally stops and forms a flat before the publication of NFP. Relative to 2288 a false breakout is formed, bringing sellers into the market.
The dollar is in a correction phase, as is gold. The price is testing the local low of 2267.67 but still does not reach the strong liquidity zones of 2265, 2228, 2222. There is still a strong buyer...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago in a short time rose to the 61600 level, which coincided with the support zone and soon broke this level. After this, the price some time traded near this level and then rebounded up to the resistance level and even entered to resistance zone,...
Bitcoin seems to be consolidating for a possible bullish movement, there are approximately 16 days left until the halving and it seems that it wants to make people doubt the post-halving bull run, all that remains is to continue buying but if it breaks 50k USD the bull run would be in doubt for something external (WW3 or economic crisis)
TRADINGLATINO:
📊 Script: JSWSTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover soon.
📈 Right now RSI is around 54.
📈 Stock is trading into narrow range which means consolidation which is highlighted into chart.
📈 Stock is trading between 794...
