Hello Traders ! The EURCAD Price Broke a Daily Resistance Level (1.45161 - 1.44648) Currently, -This Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 1.46220🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
In my most recent ETH analysis I took a look at the long-term rising wedge pattern that has been playing out on the ETH chart since early 2017. I noted that the break out occurred, and could potentially lead to more selling. However, now that I switched to a bullish view of the market (because of the BTC break out), I think it's likely that ETH will go up as...
Is MATICUSDT exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.5580 What you guys think of it?
Hello dear friends. As predicted by Karina, the upward momentum of UJ has not diminished, and this currency pair has already traded at a yearly high of 150.40 today. The USD/JPY pair is showing strength due to improved yields on US Treasury bonds, supplemented by risk aversion stemming from political instability. The statement by Israeli Prime Minister Benjamin...
Hello dear friends! Gold prices today continue to trade quietly with minimal fluctuations, as this precious metal remains sideways around the $1975 range, and there is still limited information regarding future trends. However, it is not because the upward momentum of gold has ceased, but rather the market needs to consolidate above the resistance level of $1985...
Hello dear friends! And so, the trading session yesterday saw gold regain its proactive position in terms of price increase. The Bulls are still growing stronger and it is noticeable. At the time of writing this article, gold is trading at $1984 and has risen by 0.23% during the day. So, what is the reason behind gold's comeback? Regarding the global news...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDNZD has been overall bearish trading inside the falling wedge pattern in blue, and it is currently approaching around the bound of the wedge. Moreover, the zone 1.0925 is a strong resistance. 🏹 So the highlighted blue circle is a strong area to look for sell setups as...
Hello dear friends, EUR/USD is currently trading favorably below 1.0600 in the Asian trading session on Monday. Traders are considering developments in the Middle East, which may limit the pair's upward movement, while the US dollar is recovering amid higher interest rates and declining stocks. From a technical analysis perspective: The Bollinger Band range is...
Hello dear friends! It's the end of another trading week! Let's recap the market from last week and discuss our new plans for the upcoming week, shall we? Overall, the downward trend of EURUSD continued last week. The strong support level at 1.067 couldn't make the EU turn around, and the downward trend persisted. Currently, EU has temporarily halted trading...
Hello Traders ! On The Daily Time Frame The US30 Price Reached A Support Level (32880.0 - 32583.0) Currently We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Line ! We Will See a Bullish Move📈 TARGET: 34000.0🎯 Bearish Scenario📉 If The Market Breaks Support Level and Closes Below That I Will Sell On Retest... TARGET:...
USDCAD has broken out of a Bull Flag and will soon test the resistance of $1.3856. I think this resistance will break and that we will go up to the 0.886 retrace at $1.43, from there, we could sit sideways for a while before ultimately going for the measured move of this Bull Flag all the way up to the 1.13 Fibonacci Extension at $1.501
Hello dear friends! Today, gold is starting to enter a phase of decline as the upward momentum has been weakening over the past week. It has been three days since gold moved away from the $2000 threshold, and trading is currently experiencing a slight decrease on the 1-hour time frame, reaching a trading level of $1973. So, what are the reasons behind the...
Hello dear friends! The USD/CAD pair continued to decline in today's trading session and is currently at 1.367. The drop in this currency pair is driven by the adjustment of the US Dollar (USD) to its lowest level in a month. However, the increase in US bond yields and escalating political tensions in the Middle East may limit the decline of the USD. This...
Hello dear friends! GBP rose by 0.69% yesterday. The upward momentum has increased, albeit not by much. Today, GBP may test the level of 1.2290 before the risk of a pullback increases. The highest expected level around mid-October, near 1.2340, is unlikely to materialize. Support stands at 1.2225, followed by 1.2200. After dropping to a low of 1.2093 last week,...
"Unlocking Cryptocurrency Insights:" In the realm of sophisticated technical analysis, Mana, a cryptocurrency of interest, is currently in the throes of a breakout from a meticulously observed weekly triangle pattern. This pattern signifies a pivotal juncture in price dynamics. Moreover, the formation of an Inverse Head and Shoulders pattern, consisting of...
Hello dear friends! BTCUSD continues to trade at $33,822, staying near its 18-month high on Tuesday. The world's largest cryptocurrency has surged this week, rising 10% on Monday, driven by increasing speculation that a bitcoin exchange-traded fund (ETF) is soon to be launched. "The development of the ETF market always means a developing market in the context of...
Dear beloved readers, Currently, BTCUSD is trading at $34,567 and it is becoming more explosive than ever before. As we can see, the interest in Bitcoin ETF has increased on the late of October 23rd, with "positive signs" indicating that BlackRock's ETF has moved closer to approval. Additionally, the US Appeals Court has issued an order requiring the Securities...
Hello dear friends! In recent days, the USD has been weakening and strengthening the EUR significantly. Let's delve deeper into this currency with Karina! The USD has declined against other currencies in the recent trading session, following the decrease in the US Treasury's interest rates, as traders anticipate new economic data from the US later this...