Hello traders, The end of past week we saw a 4% rise in price from a 2 years low at 18.00, silver is extremely bullish and as is seen its trading above the 200 MA we expect a more volatile market at the coming sections.
Hello Champs, in the past week we have seen price rejected at resistance level at 1.11800, prior to, price was moving in an uptrend channel fashion, currently price has break and retest the uptrend line below, observing the last candlestick (Bearish Engulfing) we see a strong momentum on the sellers side, to confirm a sell position price must break the flag...
Hello traders, sellers dominated the market in the past week but there momentum has faded and price bounced right at the bottom channel line at 0.83500, looking at oscillator there all exhausted giving buyers power, we expect price to rise toward the nearest resistance at 0.8500.
Hello traders, Fundamentally the market will mostly be determined by the coming week OPEC+ meeting, but currently Bull Hedge on opec meeting, Quoating analyst Barani Krishnan "For the oil market, the fear of OPEC is greater than the fear of an implied U.S. recession." In technical we see the ranging market formation with highs at 128 and lows in the 90s, currently...
Hello pips hunters, looking at USDCAD currently trading at 1.2794 heading towards the down channel line, but we expect a short term range at the touch of 200 MA
Hello traders, The past two weeks we have seen bulls pushing high but with a low momentum to 1.21700, and buy studying the last candle stick there is an indecision between both sides. but technical favors the bears, price is in a resistance zone of a trend line and May support. also we see a clear divergence form the RSI which may be a supporting factor for the...
hello trader we see ETH has broken the shortterm resistance at 1600 hardle, so were is it heading, judging by the current uptrend channel we see a potential buy position, but to be clear we must see a clean breakout of the 1700s
Hello traders, looking at USDJPY fundamental, which where a big push to the price , after US Treasury yield deepen sighting a poor growth in USD as anticipated. and still see the effect and information is still unfolding therefore there is signs of a continuation of weakness of the USD in the next week On the technical side 22 year high, but currently on a lower...
Hello champs, BTCUSD Has reached 24000 where we predicted days ago, will it fall or rise to 26000, My take is price may complete the chart pattern continuation flag, where the the distance of the previous implse equals the coming in which is at 26000 range or an ABC in Elliot wave pattern. comment your take.
Looking on a lower timeframe were about to end the 3rd wave
we expect a break of the continuation descending triangle to complete the pattern
Hello Traders, we see a break of the short downtrend Channel, Now price heading to touch 24000 before droping back to 21000,
Hello champ traders, Since no BOLD cryptonews to poke ETH Up, I can only go short on it, the 1600 level acted as Support many times, But now the level is a major resistance observing current 4 hours candlesticks we see all signaling a down movement, we expect price to go towards 1300 shortly.
Hello traders On a bigger picture we see gold traveling on a downtrend channel but right now price is on a pullback froming rising triangle structure at 1710, we expect a upward continuation towards 1760, af breaking the structure at 1720 level,
BTC has been falling back to 21000 from the tops of 24000 lately, we can see the expanding triangle targeting its former bottom at 21000 before completing the upside triangle at 24,000 level.
Hello hunters, With all the frenzies going in the world of finance, there have not been much of a spike to ignite the crypto world a determine a valid trend Currently at 22122, we see BTCUSD moving in a range at a H4 chart, on a lower timeframe price is moving in an up trend channel succssesfully reaching 22930. we expect a break from the channel at 21200 for...
hello hunters, looking at the USDCAD chart we see a continuation wedge pattern reveling it self since the start of july, price is now at a 1.2945 and moving downtrend in the short time, but i expect the a reversal at 1.2900 which will be heading to test the 14th july peak at 1.31500
Hello friends, as we see price is respecting the downtrend channel, whereby the lower low (LL)which is also a physiological level, where price didn't reach for a couple of years meaning 1.0000 At the current movement we see price retracing upwards after a long down movement, we expect price to reach range levels of 1.03500-1.04000 which act as a strong resistance...