BTCUSD (BTC/USD) highlights a consolidation phase within clearly defined support and resistance zones, with price currently poised for a potential move upward.
Key Technical Zones:
- Resistance Area: Around 95,576, which has been tested multiple times with rejections—indicating strong supply.
- Support Level: Strong buying interest observed near the 92,500 region, keeping the structure intact.
- FVG (Fair Value Gap): The price filled the FVG recently, suggesting equilibrium and potential for another leg up.
Current Outlook:
- Price is holding above the FVG and is attempting a bullish rebound.
- If price maintains support above the recent lows, we may see continuation toward the target at 95,576.
Next Target: 95,576
Watch For: Rejection at resistance or volume confirmation to validate a breakout.
Forextarget
XAUUSD signal On the downside, the pivotal level of the March 14 high at $3,004 roughly coincides with the $3,000 round number and is trying to provide support as writing. If this area does not hold as support, bears can target $2,955, where clearly many buyers were interested in scooping up Gold on Monday. Further down, the S2 support at $2,899 is the last line of defence, with the 55-day Simple Moving Average (SMA) coming in already in advance at $2,930
XAUUSD sell 2985
Support 2972
Support 2963
Resistance 2999
USDJPY NEXT MOVE Support Breakdown:
The analysis assumes that the price will respect the support level and bounce back up. However, if the support at around 149.000 is broken, we might see a further decline rather than a bullish reversal.
2. False Breakout at Resistance:
The target suggests a move toward 151.000 resistance. However, price might fail to break above resistance and reverse back down, trapping buyers in a bull trap.
3. Sideways Movement (Consolidation):
The price may not follow the expected movement and could enter a range-bound phase, moving sideways between support and resistance.
4. Fundamental Factors:
Unexpected economic news, central bank intervention, or geopolitical events could disrupt the technical setup, leading to an outcome that does not follow the projected path.
GBPUSD DOWN NEXT MOVE BIG FALL SOON Bullish Breakout Scenario (Reversal):
Alternative Idea: Instead of reversing at the strong selling zone, GBP/USD could break above the resistance level at 1.2940 and continue upward.
Trigger: If strong bullish momentum emerges (e.g., fueled by positive UK economic news or weak US dollar sentiment), this could invalidate the bearish setup and turn the trend bullish.
Next Target: A breakout might push the price toward 1.3000 or higher, targeting previous swing highs.
2. Range-Bound Movement:
Alternative Setup: GBP/USD may fail to show any clear breakout and instead consolidate within a tight range between 1.2880 and 1.2940.
Trigger: Lack of volume or mixed economic data could lead to sideways movement, trapping traders expecting immediate directional momentum.
3. Bullish Divergence Possibility:
Technical Suggestion: Check for a potential bullish divergence on momentum indicators like RSI or MACD, where price is making lower lows, but the indicator shows higher lows.
Implication: This could signal weakening bearish pressure, increasing the chances of a reversal.
4. Fundamental Risk:
Macroeconomic Impact: The chart analysis could be disrupted by upcoming events like central bank decisions, inflation data, or geopolitical developments that may favor either currency
XAUUSD BUY STRONG BUY NOW MORE SELL TODAY BUY BUY GOLD CONTINUE Gold probed above for the second time, inflated by increased safe haven demand following Israel’s attack on Iran early Friday
Although the spike above the metal’s price reached was so far short lived, near-term focus remains at the upside, as fears of further escalation in the region will continue to fuel demand
Technical picture is firmly bullish as indicators are in bullish setup and recent dips were contained by rising
XAUUSD BUY NOW_2380_2375
TP_2390
TP_2400
TP_2450
Sl_2368
GBPJPY now sell GBPJPY signaling a trendless market. Similarly the RSI continues to hover around confirming the current indecisiveness of market participants. More importantly, the stochastic oscillator is trying to edge above its moving average, but such a move needs to pick up pace in order to be seen as a strong signal
Xauusd buy all time high XAUUSD will hold its March meeting this week Although the central is largely expected to keep its policy settings unchanged the institution led by Jerome Powell could modify its forward guidance and adjust its outlook in the quarterly summary of economic projections in light Of gold
EURUSD SHORTS 📉📉📉As i told i would like to LONG USD this week, a perfect opportunity present on EU only if price reaches 1.13500 where we have an important sell area, imbalance fill on h4 + bearish orderblock all of them being located in a premium area on fibonaci that sets perfect sells entry. The market structure is bearish on HTF and we will go with the FLOW not AGAINST. DXY is bullish on HTF.
What do you think ? Comment below.. 📉📉📉