The market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a...
On the above 12hr chart price action has corrected 70% since early April. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. The first higher lows prints since March 20th. You saw what happened when the first higher low print was correctly identified 48hrs ago on Bitcoin price action at...
Here on GPBUSD price break a a trendline and show it going to moving down after the retest and targeting profit should be around psychological level of 1.26500
H1 = Bullish trend pattern No opposite signs Until the strong support zone holds I expect the price to move higher further after pullbacks
Hello everyone, it's been a while since I last posted anything. I've been busy, but I'm more active on X now. Let's analyze today's BTC/USDT pair on the daily timeframe. 1) BTC is likely to fall to approx $50K per coin as a triple top pattern has formed, and the horizontal support zone is becoming weaker and weaker. 2) When the price declined after 3 attempts...
Considering the H4 origin collision and confirmation at the m15 timeframe, we expect the sell position at the specified area.
FX:XAUUSD is growing and testing local descending resistance. Growth is associated with the decline in the dollar index on the background of Powell's comments. Ahead of the news on inflation... Technically, on H4 the price overcomes the correction phase and returns to the bullish rut, testing the local maximum. Bulls are focused on consolidation above 2350. If...
Higher Low and Higher High formation noticed. Successful retest @ Support Zone 2180. Looks good upto the next S/R zone at least.
According to the investigations conducted in the gold symbol, we have readiness for a long position at the price of 2311
📊Analysis by AhmadArz: 🔍Entry: 0.743 🛑Stop Loss: 0.708 🎯Take Profit: 0.771 - 0.817 - 0.914 - 1.121 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
EURUSD may retrace from a key daily resistance. The market looks quite overbought after yesterday's bullish rally. As a confirmation, I see a bull trap on an hourly time frame followed by a bearish imbalance. Goals: 1.085 / 1.0835 ❤️Please, support my work with like, thank you!❤️
Wednesday’s US CPI report showed a moderation in price pressures in April, following months of persistence, with headline inflation easing to 3.4% y/y and core to 3.6% y/y. Along with the miss in retail sales, markets strengthened their pricing for two rate cuts this year by the Fed, staring in September. The greenback fell as a result, sending EURUSD to the...
Hello, everyone, and welcome, subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. While recent U.S. inflation index indicators have shown conflicting trends, the market has paid more attention to the CPI than the PPI, with the CPI meeting expectations suggesting a potential slowdown in...
Near the peak of a mid-term bullish channel, we're slightly overbought, suggesting a mild correction or a couple of days of consolidation for the pair. Keep an eye on unemployment news, as possible change of direction in the market
CHFJPY is moving above the ascending channel and trend lines. Volatility has decreased. The chart tentatively broke the channel and reached the resistance level. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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Examining the broader crypto market, it's evident that we've hit the Wave 4 target zone on the Total Market Cap chart, reacting perfectly—a precise landing in this case. This suggests that, looking at the entire market as a unified entity, we should form new local highs and surpass Wave 3. When we look at other indicators, like the Ethereum to Bitcoin chart, we...
After 10 years, Vodafone seems to have reach the bottom. Long consolidation periods (yellow), and 2 downward channels led us to a rock bottom of 63GBP. The last downward channel appears now to be broken with immediate resistance at 103 GBP. Positive outlook as long term investment.