Gann
Bearish Run of the Gold in ProgressWith the US election results the USD value has been appreciated which has resulted a bear run . Currently the gold has shown an upward momentum ;however i expect gold to soon plummet below 2600 in the coming days. potential areas are mentioned with linear regression
Monthly CloseS&P500 Timeframe H6 - Since the open this week we have been hovering around the 6,000 mark which is currently acting as a psychological level. Is there more upside to come before the end of the monthly candle close or are we going to see another bounce lower from this zone like we did last week?
#Bitcoin is on a transition down. Markets ZigZag, so don't panicHey traders, 🚀
Remember, the markets don't move in straight lines—they move in zigzags! 🌊
Don't let the negative noise on social media shake your confidence. There will always be people predicting doom and gloom, but the truth is, the market has its own rhythm. 🕒
Stay focused on your strategy, stay disciplined, and most importantly, stay positive. 💪
Keep your eyes on the prize and stay close to the updates for more insights! 📊
#TradingView #StockMarket #Zigzag #StayUpdated
EURUSD Next possible moveSAXO:EURUSD Title
"EUR/USD Intraday Analysis: Bullish Attempt | Pre-NFP Impact"
Market Context
"EUR/USD has shown resilience today, bouncing off the 1.0500 psychological support level. Buyers are stepping in cautiously as the market anticipates tomorrow's NFP report, which could influence USD strength."
Technical Analysis
*"Today's buy entry aligns with early signs of bullish recovery:
Trend Formation: The pair formed a higher low and attempted to breach the intraday resistance near 1.0530.
EMA Dynamics: Price has moved above the 20 EMA on the H1 chart, signaling potential upside momentum.
RSI: Currently above 50, indicating improving bullish momentum.
MACD: Histogram turned positive, supporting the bullish bias.
Key levels to watch:
Immediate resistance: 1.0550. A break above this could open 1.0580.
Immediate support: 1.0500. A drop below could invalidate the bullish setup."*
News Context
"Upcoming: U.S. Non-Farm Payroll (NFP) data tomorrow is a high-impact event that could affect USD momentum.
Previous: Positive U.S. GDP data earlier this week bolstered the dollar, but current price action suggests consolidation ahead of key news."
Call to Action
"Will EUR/USD sustain this bullish recovery, or is it just pre-NFP noise? Share your analysis below!"
USDJPY long moveUSDJPY chart on the 3Hours timeframe shows the price trading towards a demand zone, indicating bearish pressure after the earlier upside movement. The pair is approaching a key horizontal support level, a significant area that has previously acted as both support and resistance. This level also aligns with the 88.0 Fibonacci Retracement, adding further confluence for potential price reactions.
If the price breaks below this demand zone, it could signal a bearish continuation, as sellers may gain control. However, if the demand zone holds, there is potential for a bullish reversal, leading to a rebound toward the next supply zone.
DXY long moveDXY chart on the 2H timeframe shows the price trading towards a demand zone, indicating bearish pressure after the earlier upside movement. The pair is approaching a key horizontal support level, a significant area that has previously acted as both support and resistance. This level also aligns with the 88.0 Fibonacci Retracement, adding further confluence for potential price reactions.
If the price breaks below this demand zone, it could signal a bearish continuation, as sellers may gain control. However, if the demand zone holds, there is potential for a bullish reversal, leading to a rebound toward the next supply zone.
USDMXN View!!Mexico is now the US's largest trading partner and the auto sector is set to be one of the hardest hit.
Meanwhile, the peso is down about 20% so far this year, and the depreciation has accelerated since Trump’s election, driven by a stronger dollar and doubts about whether the Federal Reserve can continue cutting interest rates amid Trump’s potentially inflationary policies.
While economic activity in Mexico has shown slight improvement, it is expected to soften next year.
AUDUSD View!!The FX volatility upon which options thrive is an unknown, yet key part of their premium, so implied volatility is used as a substitute. A sharp increase in overnight expiry NZD related implied volatility since including Wednesday's Reserve Bank of New Zealand policy announcement, shows that option dealers are expecting a significant FX reaction.
GBPJPY View!!JPY-related FX and options markets remain focused on any clues regarding the Bank of Japan's policy trajectory. Recent speculation and market moves underline the high sensitivity to potential signals, but when might the BoJ provide clearer hints?
Market reaction to Ueda's speech on Monday
USD/JPY spot fell initially, while FX option implied volatility and downside strike premiums rose ahead of Bank of Japan Governor Kazuo Ueda's speech on Monday, driven by preemptive short-covering. However, JPY bulls were left disappointed as Ueda offered little to sustain hawkish bets, prompting a swift reversion in both spot and option markets.
Why $OM Is Poised to Dominate the #RWA Space
NASDAQ:OM is undoubtedly the best #RWA pick and I'm a big fan of #MANTRA.
Soon TVL dashboard will kick in, It has already a strong community as team got good support after a huge #airdrop announcement.
From a technical pov:
- Range low reclaim setup
- Retest
- About to break in daily, which could bring us where things can go parabolic
I've been in since the range low and still think that's a great entry point right now.
NASDAQ:OM to double digits is primed.
#Binance #OM #RWA #altcoins
EURCAD ViEW!!Deutsche Bank has released a matrix of potential market reactions to various US election scenarios, while admitting that its own team is divided and the reactions are highly uncertain.
"We see the most bullish dollar outcome as a red sweep and the most bearish dollar outcome on a blue sweep, but the magnitude of the moves is likely larger in the former," the report says. "We see short EUR/CAD and long MXN/ZAR as the two most asymmetric trades in FX heading in to the election."
GBPAUD long moveGBPAUD chart on the 15 minutes timeframe shows the price trading towards a demand zone, indicating bearish pressure after the earlier upside movement. The pair is approaching a key horizontal support level, a significant area that has previously acted as both support and resistance. This level also aligns with the 88.0 Fibonacci Retracement, adding further confluence for potential price reactions.
If the price breaks below this demand zone, it could signal a bearish continuation, as sellers may gain control. However, if the demand zone holds, there is potential for a bullish reversal, leading to a rebound toward the next supply zone.