FOREXCOM:XAUUSD is forming a global range of 2070 - 1810. In a neutral market, the price may head down from the resistance, but we have an unstable fundamental environment. The market closes the second half of the new week in 2023 in a phase of uncertainty. The price is standing still. After receiving the news, the market quickly buys back the decline or...
FOREXCOM:XAUUSD is consolidating under a strong resistance level. Yesterday the gold market received negative fundamental data, in all likelihood, which will also affect NFP ( TVC:DXY ) On the high timeframe we see the formation of a resistance zone formed by several highs and levels. At the moment the focus is on the 2050 level. After a false breakdown and...
The pound sterling FX:GBPUSD declines in the first half to 1.2615, and on Wednesday the currency pair strengthens in anticipation of news in the US market. What should we prepare for? Today we are in anticipation of strong news: ADP NonFarm EC, Initial Jobless Claims, SP PMI . Fundamentally, analysts expect the TVC:DXY to strengthen based on the expected...
FOREXCOM:XAUUSD is declining by 1.3% on Wednesday, the reason may be the fundamental nuances of the Fed, which is still trying to keep the market under control, hinting at both lowering the interest rates and raising them, to which the market reacts by strengthening the dollar. Today at 13:15 - 14:45 important news is published, which reflects both the...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
FOREXCOM:XAUUSD is weakening on the background of growing TVC:DXY . At the moment, fundamental and technical indicators are diverging and the market is trying to collect maximum liquidity before further growth. On D1 we see the formation of a false breakdown of resistance 2075. The market is in global consolidation, but locally we have a downtrend forming....
BINANCE:KAVAUSDT is overcoming trend resistance, which could give a potential rise of several tens of percent in the mid-term Against the backdrop of rising COINBASE:BTCUSD , which is overcoming the key 4-week resistance KAVA and the altcoin market shows good potential. The only nuance is that KAVA is lagging the market and continues to consolidate. An...
FOREXCOM:XAUUSD is starting to catch up with the bullish potential, which was forged at the end of 2023, when we received negative news for $. On D1 we see gold rising on the back of a weakening TVC:DXY . The price breaks through the important and historical resistance 2069 - 2070. A retest and consolidation of price above the level is forming. A price...
FOREXCOM:EURUSD is testing support in the upside plane. The support at 1.1017 plays a key role On D1 we see the formation of a retest of 1.1000 level after its break. The market may test this area not only by touching it, but also by false breakout before further growth. The TVC:DXY is likely to continue its weakening on the back of weak fundamental...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels. Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed. Next, price some time more traded in flat,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat. In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout. After this, price made upward...
BINANCE:BTCUSD is forming a good potential and prerequisites for further growth. The key resistance is the level of 44350, and the price continues to actively test this area. On the high timeframe we see the formation of a global range. The potential target from the point of view of technical analysis at the moment is the upper boundary of the range 65K -...
FX:EURUSD is strengthening and continues to give signs that the price will continue its rise on the back of a weaker dollar due to weaker GDP than analysts expected. On D1, the price is testing the 1.1000 resistance area (important zone). A reversal V-shaped pattern is being formed, followed by numerous retests of the line. The pre-breakdown consolidation and...
FX:GBPUSD is forging a correction within the local range after a retest of trend resistance. Most likely, a "flag" pattern is forming, which implies further trend continuation. On D1 we see that the price is overcoming the downside resistance and consolidating above the key support at 1.26525. The next year may start with the strengthening of the pound...
FOREXCOM:XAUUSD has been strengthening since the opening of the session. Friday's sell-offs formed local support at 2050 (retest) after which a new range is likely to be formed. For gold we have a favorable fundamental background, which may have a positive impact on the price. While the TVC:DXY is declining, the gold is testing new highs. As there are a...
Hi folks today I'm prepared for you Biance Coin analytics. Some days ago price rebounded from the support zone, which coincided with support 2, and soon made an upward impulse. After this, BNB started to trades in a big consolidation, where a few moments later, the price reached support 1, which coincided with the top part of flat. But then, BNB rebounded and...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price started to trades in rising channel, it first broke $37000 support level, which coincided with support area and continued to grow. Then BTC reached resistance line of channel and in a short time price rose higher, thereby exiting from channel. After...
FOREXCOM:XAUUSD strengthened quite actively last week. The price is retesting the resistance at 2069.8 formed in August 2020. There are reasons for further growth, but also reasons for further pullback. Let's see On D1 we can see that in the frame of distributive movement the price tests the resistance 2069.8 and forms a false breakdown, which activates a...