OANDA:XAUUSD enters the 1857-1877 range, consolidates above the support and makes a new jump. Yesterday I talked about strong fundamentals, relative to technical analysis and what we see is a breakout of said resistance. Today PPI - one of the inflation indicators is published and at 18:00 GMT FOMC Meeting Minutes - most likely the information trend of...
FX:USDJPY is forming a correction to trend support amid the corrective movement of DXY (Dollar Index). Logically, on an uptrend, support should push price up, but what could go wrong? On the daily timeframe TVC:DXY is forming a correction to an important support, the reaction could be bullish, thus USDJPY will start to form a rise to resistance. At the...
GOLD is forming a reversal pattern that changes the local trend. At the moment, for the market to continue the growth scenario, we are interested in the level of 1857.7. If gold can hold this level, we will see the realization of the pattern and growth to 1877 and to 1901. TA on the high timeframe: 1) Price inside the range 1875 - 1815. But resistance has not...
GBPUSD is forming a breakout of local resistance and a retest of the key resistance. A technical pullback may be formed, but the market is ready for growth. We expect a breakout of 1.2269 and growth to the far frontier TA on the high timeframe: 1) On D1, the market is overcoming the resistance at 1.22246, thus breaking through the base of the reversal set-up...
GOLD has been rising since the opening. The reason is the conflict in the Middle East and the fundamental factors of last week. Consolidation is forming and most likely the price may test the support before further growth. TA on the timeframe: 1) The reason for the rise today is the geopolitical factor. And as we know, in all crisis situations there is a...
NZDUSD is approaching resistance within consolidation. After a false breakdown a signal is formed that the level may be broken on retest. Target 0.60500 TA on high timeframe: 1) We do not see a fall after the support breakout 2) Buyers are holding back the price and may return to the global range 3) market is interested in 0.60500 area due to imbalance TA on the...
BINANCE:XTZUSDT tried to break the support at 0.708 and let the price go lower, but at some point the market held the area, forming a local bottom. After a false break of support, the price breaks consolidation resistance At the moment the market is testing the possibility of transition from the consolidation phase to the phase of realization of the...
As you can see, the price is in a parallel channel, which means that the price can go up and down in this channel. Now the price is completing its downward waves(ABC) and after that the price can rise to the top of the channel.(5TH Bullish waves). ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
OANDA:XAUUSD has been forming a small gap since the opening of the session (the situation may differ at different brokers) and essentially continues the move from Friday's fundamental leverage There was quite a lot of news over the past weekend, including a serious conflict in the middle east. Adding to the bullish narrative in the TVC:DXY is another...
FX:GBPJPY is forming a retest of the descending channel resistance, forming a post facto logical reaction to the mentioned zone. At the moment, the downtrend is playing a relevant role Fundamentally, we are living a very unstable time. Geopolitics has been sounding too much lately. Fund after a small bullish correction gives signals to further weakening on the...
OANDA:XAUUSD forms a false breakout of support late Friday, after which the market buys out the entire decline and forms an almost bullish takeover, closing Friday above Monday's close and the entire weekly consolidation The euphoria from the NFP (negative news for the dollar), may not last that long, and after a small technical correction, the main movement...
Bitcoin can reach 30k ,price completed its five ascending waves, also completed its ABC correction wave , and now it is time for the five ascending waves to begin. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
BINANCE:BAKEUSDT is trying to move into the phase of realization of accumulated potential. A consolidation above the 0.1421 level will be a good starting point. If we break through the resistance of the range, we can get a gorgeous bullish potential (targets are indicated on the chart) BINANCE:BTCUSD shows good dynamics for the medium term. The price after...
OANDA:XAUUSD has been consolidating for 4 days. The formation is directed to realization at the moment of #NFP publication. The market was in a downtrend for a long time, after which it went into a narrow consolidation, there were no pullbacks at all in the last two weeks Today, at 12:30 GMT NonFarm Payrolls & Unemployment Rate (Sep.) will be published. This...
I see the flat channel on the BTC and me very interesting what will show my Future Grand Trend indicator. I hang on it on the chart and will very expressive. Really? Flat channel will be on the next few days? Now me very interesting will it or not. Lets try to look together...
FX:EURUSD is retesting the trend resistance. The liquidity area may be tested before the publication of NonFarm Payrolls, which will form a surge in volumes At the moment, from a fundamental point of view, EUR will weaken further as USD ( TVC:DXY ) is in a strong bullish trend amid tight monetary policy. Today's data will not change the fundamental...
GOLD is forming a retest of support after a long consolidation. From the level of 1815 a small bounce may be formed before further decline, or a break of the level with further consolidation below 1815, which will form a selling entry point. TA on the high timeframe: 1) Candlestick analysis implies further decline 2) Strong consolidation near an important level...
OANDA:XAUUSD continues to consolidate, therefore, the market situation remains the same. The probable outcome of events is a false break of resistance (retest of liquidity area) before further decline The market has been forming consolidation inside the important range of 1828 - 1812 for the last few days. Liquidity is forming above these boundaries, which the...