Hello dear traders! Do you think XAUUSD will increase or decrease? Overall, XAUUSD continues its corrective trend in today's trading session. But at the same time, a Double Top has appeared on the 3-hour chart, capped below the resistance level of 2330-2335 USD. It is worth noting that the mentioned support zone is believed by investors to be a very strong...
Dear friends! On the world market, gold price reached 2,320.35, down 3.37 USD. Part of the reason for the price drop is that hedge funds have reduced their allocation to gold, while some tensions in the Middle East have cooled slightly in recent days. The downtrend could continue with a break from the bullish structure around $2,380. Overall, the downtrend is...
Hello dear traders! Overall, we see a trend change, then the market moves into a consolidation phase and reaches 157.12. Sellers have less and less chance to hold the resistance zone because the uptrend is so strong. According to statistics, the strongest fluctuations are after a breakthrough. In the current scenario, as long as the 146.50 support level holds, a...
Hello dear traders! Overall, BTCUSD is changing the structure of the market observing a broken bullish technique, which can generally determine the medium-term potential. Price is testing $64.685, aggressively defended by sellers amid a wave of corrections and sell-offs The bullish momentum in general has been exhausted, the support level of 64,685 USD cannot...
Hello dear traders! Overall, the down trend of BTCUSDT continues to form. A flag setup is gradually forming on the 4-hour chart. Theoretically, the price will quickly break the current market structure and correct further. This can generally determine the medium-term potential. The price is testing the 0.618 and 0.5 Fibonacci levels equivalent to the $64,801 and...
Hi everybody! FX:EURUSD Thus, in general, after a long period of decline in EURUSD, it has recovered again supported by the strong weakening of the USD. The uptrend could resume with a break of 1.0727. It can be seen that on almost every timeframe EURUSD is showing a positive outlook, so we can expect a breakout scenario at this time. Talking about a...
Hello everyone, it's nice to meet you again to discuss and strategize for the new day! Overall, the 155.00 support level failed to cause SOLUSDT to bounce back and the downtrend continued, clearly moving on the 2-hour chart. Before that, the structure of the bull market was broken, which could generally determine the medium-term potential. The 153.00 resistance...
Hello everyone, Today, in the Asian trading session, EUR/USD subtly hovered around the psychological level of 1.0700. This modest increase in the currency pair is supported by a softer U.S. Dollar. From a technical perspective, the pair is moving steadily within an ascending channel. The next target remains a buying strategy, aiming for the resistance level at...
Hello everyone, the USD seems to be weakening against the British Pound, giving an advantage to short-term buyers. The uptrend may continue on a break of 1.2467. On H3 we see the trend change, momentum remains bullish on almost every timeframe, then the market moves into a consolidation phase at highs and reaches 1.2467. The market's resistance continues to hold...
Hello friends! Currently, BTCUSDT is still continuing its recovery trend, with prices above the $66,000 mark. Specifically, it is trading at 66,730 USD, up 0.47% on the day, and the uptrend is still popular with medium and long-term investors. Observations across different time frames show that BTCUSDT is making significant progress, with a promising bullish...
Hello dear traders! So, as my previous prediction, after a long period of decline EURUSD has ended by increasing at a high level, currently trading at 1.0690. It can be seen on almost every timeframe that EURUSD is making significant gains, indicating a very positive price outlook. So do you wonder why the EU increased so strongly? On impact news: Another...
SOLUSDT is enjoying a robust uptick for the fourth consecutive day, trading around $159.02 with a notable daily increase of approximately 2.70%. This ongoing rally has propelled the coin to the critical 0.618 Fibonacci retracement level, a juncture that warrants close attention as sellers may attempt to drive the price back down below the $133.00 mark. On the...
Hello dear traders! Today, BTCUSD continued to recover from last week's chaotic fluctuations. The price has remained stable within its trading channel and has shown an impressive recovery after approaching the lower boundary of the channel. At the same time, a bullish flag is gradually forming. Theoretically the price will quickly break the upper limit of the...
Hello dear traders! GBPUSD is still in a downtrend. Currently, it trades at 1.2430, with strong support at 1.2338. The pair is looking to overcome resistance at 1.2553, but this remains a major challenge. Regarding international market information: The US dollar is falling, and the risk sentiment in the market is supporting GBPUSD. Mid-term investors are waiting...
Hello dear traders! It can be seen on almost every timeframe that GBPUSD is showing significant gains, indicating a very positive bullish outlook. From the 3-hour chart, GBPUSD is currently receiving strong support around the 1.2500 breakout level being aggressively defended by buyers on the basis of the recent wave of growth at highs. Before that, the structure...
Hello dear traders! XAUUSD touched 2317 USD continuing its downtrend as the market gradually eased concerns about escalating tensions in the Middle East. This means that gold - which is considered a risk haven - has lost its position. Regarding impact news: comments from US Federal Reserve (FED) officials suggesting there is no urgent need to cut interest rates...
Hello wonderful friends! Overall, EURUSD experienced significant volatility yesterday, with price gains surpassing the 1.0700 level. It is currently trading at a new high of 1.0720, highlighting a 0.2% gain on the day. So do you wonder why this currency increased so strongly? On the move: EUR/USD clings to gains near 1.0700 early in the European session on...
Greetings, fellow crypto enthusiasts! What's your take on today’s BTCUSDT market — are we donning the bull or bear hat? Diving deep into the analytical charts, I discern that the bullish currents for this crypto still hold merit. Despite a short-term wave of adjustment with a 1.09% dip on the day, this digital asset has indeed etched out new supports, fortifying...