Hello everyone, as most of the interested have already heard BTC has a very busy network, so we will check what to expect in the coming hours. As you can see, the price is moving below the downtrend line.
Importantly, the price is holding around an important resistance at 0.618 FIB, while the next significant support is at $ 26858, which is seen to have held the...
#NZDJPY
NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY.
Either way, NZDJPY should be a LONG TERM BUY.
Anyway, the PRICE can go down again on the...
OANDA:EURAUD
We have the fundamentals in our favor-EUR weakening because of the war in Ukraine, and also we have the Technicals in our favor as we are in a downtrend and under the 200MA on the Daily.
The price is at this resistance level that has been tested 2times previously so we are at AOV (Area Of Value) and possible 1:3/4 RR.
Hello everyone, Today we are going to check the BTC to USDT chart on a 4 hour timeframe.
Let's start by identifying the downtrend line under which the price is moving ..
Let's move on to determining the support line of the price in the event of a further correction, the first support will be at $ 37,812, while if it does not hold the price, the next support will...
I noticed this on BTC log chart
We could be in a great buy zone, one buy zone away from bottom, or, possibly, peter schiff has his day.
*if it is secondary buy zone. we could be a flash crash away or it would happen at the beginning of 2023; similar to previous cycles
Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented...
Overall, AUD/USD is trending downwards.
Currently, AUD/USD is testing the support zone of 0.75000 and the next resistance zone is at 0.76500.
Look for short-term selling opportunities of AUD/USD if it breaks the support zone of 0.75000.
DXY about to plummet despite the good data coming out of the US today.
Inflation rate YoY (Big Data) came in above the consensus and up against the previous.
Core inflation rate (Big Data) stayed at 1.2% which is on par with both the consensus and the previous.
The reason for the bearish move may be due to the old saying buy the rumour sell the fact, everyone...
