BINANCE:GMTUSDT is entering the realization phase after a long accumulation. Price is testing resistance for a breakout.
On the High timeframe, the coin is testing the resistance area. A breakout and bullish momentum is forming. A price consolidation above 0.4000 will open a new potential for the bulls. The coin is quite far behind the market and if the bulls...
OANDA:XAUUSD is reducing volatility amid expectations of FOMC data release. Earlier we saw an attempt to break the strong trend resistance, but now there are nuances appearing
The Federal Reserve is not going to raise or lower rates (at the level of rumors). In any case, this is positive-neutral news for the dollar. That is, if the situation does not change,...
OANDA:XAUUSD is strengthening at the end of the week and closed above Monday's open. BUT! The dollar is also strengthening and on the chart we see several key elements forming and an important zone that can give us strong signals.
In the coming week, the following news is worth paying attention to:
09.19
CPI (YoY) EUR
09.20
CPI (YoY) USD
FOMC
...
Gold in the global perspective is within the boundaries of the bearish price channel. There are several reasons both for the price fall and for further growth. But in priority we consider the realization of a false breakout.
TA on the high timeframe:
1) A bearish price channel dominates the market for several months. The price retests the resistance after 1...
FX:GBPUSD on the daily timeframe is forming a situation that suggests a buyback, at the same time a candlestick pattern and a false breakout are forming
The currency pair is in the format of the ascending price channel. Earlier support was tested and on the background of news the market bought back the fall at 1.36 which is quite a strong reaction.
After the...
BITSTAMP:BTCUSD forms a false breakdown of the key resistance after which the format of the movement passes into the correction phase. The price is consolidating between 0.236 and 0.382 fibo
Paying attention to the chart we see the continuation of the ascending price channel formation. The price indicates a rather high interest on the part of buyers, as the...
BINANCE:ETHUSDT is forming an interesting situation. For more than a year the price has been trading under the strong resistance of 2020. After a while we begin to realize that this level is the upper boundary of the ascending triangle.
This pattern can be interpreted as consolidation of potential by dynamic buyers with the purpose of possible overcoming the...
BINANCE:MATICUSDT breaks through the resistance of the key figure and opens a new bullish potential. If the nearest resistance is broken through, the price can form a strong momentum.
Earlier we saw an attempt of strengthening, which smoothly changed from an ascending price channel to a bearish wedge. The latter figure is quite capable of breaking the trend...
