FOREXCOM:XAUUSD strengthens and tests the local high but fails to reach the key resistance at 2050. A strong consolidation above the 2030 level and subsequent momentum is forming. On D1 we see the potential that the market is aiming for. On the background of weakening TVC:DXY , on the gold market bulls form a strong support area below 2030 after which...
The currency pair continues to form a bearish trend. There are quite a lot of preconditions for further breakout. for example - breakout of 141.6 support will send the price even lower The beginning of correction ↓: 1) Dollar weakness after the news 2) Dollar weakness strengthens the Yen 3) A retest of 141.6 support will lead to a breakout 4) There is no...
FOREXCOM:XAUUSD is once again meeting strong bulls. Powell's speech influenced the price growth and a 2.8% momentum is forming. Let's see what happened and what to expect: Most important: The rate remained unchanged. Inflation eased 0.1% to 3.1%. In fact, there was no change . Speculators liked Powell's more positive tone, which caused them to react with a...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price started to trades in flat, where it first bounced from $2000 support level to bottom part. After this movement, Gold made a strong upward impulse back to $2000 level, broke it, exiting from flat too. And then price corrected below and later...
FOREXCOM:XAUUSD is in consolidation phase and it is likely to last until 19:00 GMT. The market is waiting for news and no strong movements in one or the other direction should be expected before the time. The premise is that the dollar will strengthen: Friday's NFP continues to be bullish for the TVC:DXY (pattern to break resistance is forming) PPI...
FOREXCOM:EURUSD is forming consolidation in the phase of waiting for news related to inflation and US monetary policy. Based on the expected news and past data, there are a few nuances. The TVC:DXY is leading an interesting life on 4H tf. The index is gaining a bullish stance, we can tell by the long shadows and the price pushing towards a strong...
OANDA:XAUUSD continues to fall despite the expectations of many. The price is testing the 1984 area and updated the low to 1975.89. What can happen today? The TVC:DXY is in a local trend phase, but at the same time it is consolidating in anticipation of today's CPI and further news this week. The main gaze is directed towards FED interest rate decision,...
BINANCE:BNBUSDT breaks the resistance of bearish trend on the background of improving fundamental situation. For the activation of the bullish phase of the market, a few more conditions must be met. We can see that CRYPTOCAP:TOTAL capitalization, following the COINBASE:BTCUSD growth, is also moving into a bullish trend format. BNB is falling away due to...
FX:GBPUSD is set for further declines as the TVC:DXY will continue its strength on the back of Friday's NFP, which will weaken the pound sterling. On d1 we see consolidation and retests of key liquidity areas. Since the opening of the session the market has been testing local areas and the pound is forming a small correction, most likely from the nearest...
NCDEX:GOLD after NFP is updating 2-week low and preparing to decline further as fundamentally, we notice a reversal of market sentiment. On D1 the TVC:DXY is forming a reversal setup and another retest of the key level. Against the backdrop of positive NFP, the index could strengthen quite strongly within the medium-term outlook. In the COMEX:GC1! ...
COINBASE:BTCUSD continues to rally. At a time when many were waiting for a correction from 40K, the flagship is strengthening to the next level and preparing for a further breakout. Fundamentally, bitcoin is backed by quite strong factors. Basically, the entire surge of interest is triggered by the influx of applications for the spot BTC-ETF. With each...
OANDA:XAUUSD continues to form a local bearish channel after updating the high to 2150 and strong sell-offs to the current area. There is still a huge imbalance in the market and the price could go even lower to settle the situation. NFP could perfectly develop the expected scenario I have been telling you about since the sell-off. Expect the data at ...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price bounced from support line and rose to $1995 support level, which coincided with support area. In a short time price broke this level and then corrected, after which it bounced up to resistance area. But at once Gold declined below, and then it made...
FX:EURUSD is declining and testing the local minimum on the background of strengthening of the dollar. The price is retesting MA-200 , which only increases the chances of further decline. Today, at 13:30 GMT we will meet the NFP data, to which the market reacts quite strongly. In general, analysts expect an improvement for the dollar, as 180K is...
BINANCE:ADAUSDT is forming a breakout of the key pattern resistance, but we have not seen a corresponding reaction yet. The price is updating the 6-month high, but we did not wait for the distribution. Hopes are fueled by the formation of the "Cup with handle" pattern and the Golden Cross of MA200 & MA50 A reversal pattern "Cup with handle" is forming in...
BINANCE:JASMYUSDT is moving to the phase of realization of accumulated potential. On the background of signal from moving averages the market before resistance forms pre-breakdown consolidation. As a result - breakout of the global trend resistance. If you pay attention to the COINBASE:BTCUSD chart, the CRYPTOCAP:TOTAL chart (Total Cryptocurrency Market...
OANDA:XAUUSD continues to update lows, testing new zones, but at the same time, as part of the correction, the price confirms the boundaries of the forming descending price channel. On D1 it is obvious that the decline in gold will continue, as there is still a huge imbalance at the expense of buyers. At the moment we are interested in the support area of...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price reached support level, which coincided with support area, broke it, and started to rise in flat also. After this movement, BTC corrected to support area, where it at once bounced and in a short time rose to top part of flat. Then Bitcoin...