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Pivot Points

XAUUSD Primed for Bullish Continuation Amid SupportHello, OANDA:XAUUSD has maintained its position at the weekly support level, with a weekly low of 2708.72. A continuation is anticipated from here, although sellers remain active and strong. The 1W and 1D pivot points suggest potential for further downside, so caution is advised. However, if the price breaks above the 1W pivot point, we could see additional upward movement. Overall, conditions still appear primed for a bullish continuation. TradeWithTheTrend3344
OANDA:XAUUSD
by TradeWithTheTrend3344
USDJPY - Hangman Reversal (600 pip)Dollar (USD) has been extremely strong, however has come to a point of resistance and risk. US Elections are in 10 days. Market is monitoring the resiliency of US economy. With markets normalizing, looks like there may be more appetite for risk as Central Banks are telegraphing their moves. Yen (JPY) has been been on the other side of this coin and it has been nothing but weak. This is at a potential changing point with new administration in Japan, expected rate hikes coming from BoJ and shifting global trends. This will be highly data-driven trade. Can be invalidated or in-the-money extremely quickly.
Short
by dsmall
Following lines interpretation of the patterns Good evening sirs , today we will be doing analysis of candlesticks with pivot points and cycles. Please be sitting in your seats to receive it well better! for further instructions see attached notes see attached notes for further instructions see included instructions for notes to further instructions see further instructions for attached notes regarding further instructions on how to see attached notes (that may or may not contain) further instructions.
by Tech-Temptress
Bitcoin - American elections, future fluctuations of Bitcoin!Bitcoin is above the EMA50 and EMA200 in the 4H time frame and is trading in its ascending channel Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way down for Bitcoin, which can be used to look for Bitcoin buying positions in the two specified demand zones As long as Bitcoin is within the specified range, you can look for buy and sell positions at the top and bottom of the range It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
COINBASE:BTCUSD
by Ali_PSND
GBPUSD entry analysisGBPUSD Analysis After outperforming its rivals in the first half of the week, the US Dollar (USD) lost some of its strength on Thursday, with the US Dollar Index down 0.4%. The positive shift in risk sentiment made it difficult for the USD to find demand, while falling US Treasury yields further weighed on the currency. The September Durable Goods Orders and the October University of Michigan (UoM) Consumer Sentiment Index will be on the US economic calendar on Friday. The UoM data is unlikely to cause a reaction as it will be a revision. If Durable Goods Orders unexpectedly rise, the initial reaction could support the USD. On the other hand, a worse-than-expected reading of -1% could hurt the currency and allow GBP/USD to move higher towards the end of the week. Meanwhile, US stock futures were last up 0.1% to 0.2%. A bullish open on Wall Street could attract risk-on money and weaken the USD further in the second half of the day. Technical Analysis GBPUSD BUY entry is set around the current price zone with a Fibonacci retracement of 0.618. The current price zone is expected to capture the end of wave 2 and form a breakout point for wave 3 according to the Elliot wave pattern. Wish you a successful trading day.
Long
by TVS-Trader
REEF buy setupREEF has rejected after the heavy pump and is approaching the origin of the move. The origin of movement is valuable to us. We are looking for buy positions in the green range. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
NZD/USD for a bullish move ?the price has entered my Daily demand zone. but for a better entry i go to the 4H for another zone to time the market. looking at numbers its also insinuating that the market might shift for a bulish move begin next week. what i hope happens is the market coming to my 4H demand zone and leave with a nice rejection candle. thats when i wil enter my position. if that doesnt happen i wil look for the market to create a new 4H demand zone in the Daily demand with the same 4H rejection for an entry. always keep your options open.
Long
by Glitchz_99
4
EURUSD DeclineOn Friday, EURUSD closed below 1,0800, signaling a lack of bullish momentum and indicating a continuation of the bearish trend on the H1 timeframe. Important news related to the USD is expected this week, which will have an impact on the market. On Friday, NFP will be released, likely causing increased volatility. At the current levels, we continue to explore other instruments with better potential. In the premium channel, we've been actively analyzing EURJPY over the past few weeks.
by ForexTrendline
ADA Beautiful Range. Lower First!?Currently rejecting from the local POC. IMO it would make sense to test the untested daily level, VAL, GP below before attempting to move higher into September highs, untested monthly level and channel highs. #Cardano Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility