Bitcoin started pumping after the announcement of the US Federal Funds Rate ( The Federal Reserve lowered the US Federal Funds Rate by 0.5% to 5.00%. ). Considering that lowering Funds Rate is potentially good for the cryptocurrency market, lowering Funds Rate while the US government continues to print and spend money is a big mistake. I predict that...
FX:XAUUSD is consolidating between 2588 - 2562. But, buyers are not yet out of the game in the hope of continued growth. Then everything depends on the Fed. Welcome to the casino :) At 18:30 the FOMC & FED will meet to decide whether to cut rates. 0.25% or 0.5%. A 0.5% Fed rate cut could send a mixed signal about the state of the US economy: the Fed's...
FX:XAUUSD updates high to 2600 and then experiences a shakeout. Traders held the 2550 area and are currently trying to recover losses by testing the upper end of the range.... The Fed announced a 0.5% rate cut, bringing the interest rate to a range of 4.75%-5.0%. Why 0.5 and not 0.25? The Fed chief said that 0.25 poses threats to the economy that can no...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈After breaking above the $2,500 mark, Gold has been bullish trading within the rising red channel. Currently, Gold is in a correction phase. Moreover, the $2,475 - $2,500 is a strong support zone. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price moved up inside the rising channel, where it at once fell below $2500 support level, breaking it. Later price grew to resistance line of channel, but then declined back to support line and soon repeated movement up. Gold broke $2500 level and...
BINANCE:OPUSDT cannot get out of the bears' clutches. The market continues to form its movement under the pressure of the downtrend. There are important events ahead that could shake up the trading community.... Bitcoin, as well as the rest of the cryptocurrency market continues to decline. Cryptocurrencies are not reacting to Trump's speech in any way, but...
FX:EURUSD is testing the resistance of the local correction, and instead of the expected rebound, I am waiting for an attempt of a breakout with the aim of further growth to 1.12757 on the background of the expected fall of the dollar.... There is important news ahead that traders have been waiting for months. A rate cut. And the question is no longer...
Hello, fellow traders! I'm excited to share my latest insights on Ethereum. Let's dive into the long-term trends and what they might mean for us in the upcoming months. Current Market Structure Ethereum's price is developing within a long-term rising channel, showcasing a series of higher lows and higher highs since 2022. This pattern indicates a sustained...
Golden Pocket (~$1.37): The price is currently hovering around this critical Fibonacci retracement level, marking it as a significant support zone. The price is trading within a long-term downward channel, which started after a major peak (early 2000s). The stock has followed this downward trend consistently, and despite short-lived bullish corrections, the...
FX:NZDUSD is set to go higher. The price is breaking the local resistance within the uptrend. There is an important event ahead, which can affect the price quite strongly... On D1 the market is hinting at bullish prospects, a retest of the global resistance is forming, which divides the market into 2 parts... Traders are waiting for the FOMC and FED...
OANDA:XAUUSD Current Price: 2578.715 4H Chart 1 - Consolidation Support & Resistance Zone: • After breaking out of the Consolidation Zone, Gold has reached the All-Time High (ATH) of 2586.013, marking the high of the Lead-In Phase in the Bump and Run pattern. • Consolidation High Line: This line represents the price projection based on the height of the...
Dow Jones Index is very weak ahead of FOMC today. The market is stuck within a horizontal range on a 4h time frame. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 41820 - the resistance of the range, we can expect a bullish continuation at least to 42000...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow. In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level. EUR exited from...
Given the current wave structure, BCH appears to have completed a significant WXY multi-zigzag downward correction, and it might now be in a upward phase within the green channel. If BCH continues upward, it could challenge the next resistance zone around $664 or higher, especially if it maintains its trajectory within the green bullish channel. Alternatively, a...
FX:GBPUSD is moving into a flat phase, possibly into counter-trend correction on the background of locally changed sentiment, formed by the fundamental background of Thursday / Friday, the dollar is growing on this background. The currency pair is forming a bull market wave on D1-W1. On D1, a clear transition from bear market to bull market is formed, which...
Here I have EUR/GBP on the Daily Chart! Price gave a Bearish Break to the Ascending Channel which confirms we are seeing a Bearish Flag. -The Volume behind the Candle that Broke the Ascending Channel signifies that it was a Strong and Valid Break Being a Continuation Pattern, I suspect we will see Price Retest the Break of the Ascending Channel and continue...
FX:EURCAD exited from the accumulation of the “descending triangle” format, which is a favorable signal for the continuation of the trend. A promising bullish structure is forming on W1. Euro, despite the ECB interest rate cuts, is growing and the growth is mostly related to the dollar, which is falling after Friday's news of PPI and Initial Jobless...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the support level and tried to grow, but after it rose a little higher than the resistance zone, it dropped below the 58300 level, breaking it. Then BTC made a retest of this level and continued to decline to the trend line. After the price fell to this line, it turned...