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Marketanalysis

Bitcoin (BTC) on the verge to break below $10kThe BTC/USD pair opened the new trading week with a volatile session during which we saw it moving in the $10,600-$10,200 range. It closed the day on Monday, September 9 at $10,297. On the next day we found it dropping even lower losing 2.4 percent of its value and closing at $10,070. The $10,000 level was not quite stable during the past few weeks, still bulls were hoping to hold it for a longer period this time in order to consolidate and set the ground for further attacks of the mid-$10k and $11k levels. The mid-week session on September 11 brought some stability as bitcoin erased some part of the loses from the previous session and climbed to $10,158. If we fall below $10,000 I expect another test of $9,400. Given the fact we are already in September, returning to trading season I don't expect it to fall further down. The pessimistic scenario sees BTC at $9,100.
BITSTAMP:BTCUSDShort
by FutureBlockchain
XAUUSD Longterm Outlook and ThoughtsJust testing out some new concepts, so I'm not 100% married to this outlook as it differs from my usual analysis, but regardless let's see what it tells us. Keep in mind when I make my targets (shown as BCD in pink), I expect the market to pivot within some range of that price (as indicated by the pink boxes), as is the case in all my charts. We are currently in the midst of an uptrend which I see pivoting around $1665 (B in pink). So we can take some Buys up to around that price, but be weary of possibly at least one more small pullback on the way up that may take you out of your trade if your SL's are too tight. From here we can expect a leg down to around $1175 (C in pink). Since this itself will take a few years to play out, I don't think it's worth discussing the targets that are further out at this point in time. Let's see how it progresses.
FX:XAUUSD
by PHICAPITALINVESTMENTS
Dax daily: 26 Aug 2019 Friday's session started relatively innocent. As per our expectations, Dax descended to hit our support zone of 11 759 and closed the gap. We also saw buyers attempting to regain control before the storm hit the markets. News had it that China retaliated on the US import taxes and to no surprise, Trump's swift reaction on Twitter caused even more havoc when he lifted the existing tariffs even more (including services industry) and ordered american companies to withdraw from China. Dax bears started to jump out of the window and retested the subject S/R zone after the initial plunge. Next bearish target was the following support at 11 560 which slowed down the price for a few hours just to drop even lower to close the week at 11 532. Important zones Resistance: 11 645, 11 707, 11 611 Support: 11 404 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 10:00 CEST - EUR - German Ifo Business Climate All-day - G7 Meeting in France Today's session hypothesis For today, we estimate to see some correction of Friday's downfall. Ideally, the price could reach 11 611 - 11 645 levels which could work well for sellers to take the price towards the support around 11 404. Beware of today's news, especially some G7 Meeting after-tremors.
EUREX:FDAX1!
by FTMO
Market structure retestSo we seen price breakout the low and then give us a retest at 0.69730 area on the 15min and failed to break back up above it meaning to me that price should still continue further down to previous market low @0.69200 and i have my stop loss at previous market WICK high which is at 0.69910 meaning my ratio is a is a 7:1 i will keep posting simplicit trades as they are key to my trading ideas and swinging for hours on end im anticipating on holding these trades till tp gets hit or i will have a trailing 200 pip tp @.69530 once price gets to 69.430 if price struggles to break the .69530 then i will move my sl to take profit. feedback is welcome
Short
by Helloandtrade
Dax daily: 23 Jul 2019 Yesterday's session was fully dominated by bulls. They managed to grab the momentum taking Dax slightly above the resistance level of 12 330 that we highlighted yesterday. This zone functioned with a slight delay as the price corrected shortly after. The session was closed in black numbers priced 12 293. Important zones Resistance: 12 380 Support: 12 234, 12 200, 12 330 Statistics for today Detailed statistics in the Statistical Application The gap has 50 points and the statistical probability for closing is only 38% Macroeconomic releases London session - new Prime Minister of the United Kingdom will be announced. This might affect mainly GBP, EUR and potentially DAX too. Today's session hypothesis This morning started with an ascending gap. Sized 50 points, this one has a low probability for being closed as the statistics suggest the 38% rate chance from the historical occurrence. We can speculate to see rather a bullish domination. In such a scenario, we'll await the retest of 12 380 which could also function as the buyers target zone and the reversal level for sellers.
EUREX:FDAX1!
by FTMO