USD/JPY (4 April 2022)Overall, USD/JPY is trending upwards, reaching historic key level of close to 125.00. But despite this upward move, USD/JPY has retraced and is currently at 122.50
This was partly a result of the the Bank of Japan indicating unlimited buying of 10yr JGBs at 0.25% over 4 days and some level of peace talks over the ongoing Russia-Ukraine war.
USD/JPY’s next support zone is at 121.70 and the next resistance zone is at 123.23 and 125.00.
Look for short-term selling opportunities of USD/JPY back towards support level.
Technical
NZD/USD Outlook (4 April 2022) Overall, NZD/USD have been trending upwards. With recent retracement and consolidation at the 0.6900 zone.
Currently, NZD/USD is likely to trade up towards key level of 0.70. Its next support zone is at 0.6900 and the next resistance zone is at 0.70 and 0.7100.
Look for short-term buying opportunities of NZD/USD if it breaks above 0.6950.
AUD/USD Outlook (4 April 2022)Overall, AUD/USD have been trending upwards. Recently, AUD/USD consolidating at the resistance zone of 0.7500.
The Reserve Bank of Australia rate decision to be released on Tuesday (5th April), with expectation for no rate increase at this meeting. However, with Australian economy picking up, rate increases is expected for later in the year.
With a bullish pennant pattern forming, look for short term buying opportunities of AUD/USD if it breaks above the resistance level of 0.7500. Next resistance zone is at 0.7650.
can bitcoin break the green dynamic resistance or double top!?Bitcoin has hit the dynamic resistance of the green line area.. so its very important to break this area
technical and fundamental for GoldHello friends, according to the following, we have the possibility of a downward movement in gold
Gold continued its movement in a descending triangle for 4 hours in a time frame. It also has a support line, which will break the line up to the support line of the triangle.
With the market focusing on ceasefire talks and the Federal Reserve becoming more hawkish, Wall Street has fallen below gold, and eyes are fixed on the $ 1,900 resistance.
Given the possible progress in the ceasefire talks between Russia and Ukraine, some market analysts have found a downward trend and expect the price of gold to fall next week.
The results of the latest Kitco Gold Weekly Survey show that most Wall Street analysts are currently downtrending on the precious metal. Although small investors are still optimistic about gold in the short term, sentiment has fallen sharply from the previous week.
#DOGECOIN OVER 72% RUN TO COME?!!!According to technicals, $DOGE is currently setup to climb over 72% to reach the target at $0.262 and there is nothing in the way of this besides time. With #Dogecoin's breakout in late March, this target became in play and only time may be in the way of it being met. Strap in as there may be much to come for BITFINEX:DOGEUSD ...
Btc will go up for next 4 days I draw a new pitchfork, actually an uptrend pitchfork as you can see, some red and green points too, channels are legit, and we are on a critical point today; that's possible we lose blue Channel to lower one or price stay between that. Blackline proves to us there is strong support is there!
I believe we have two more green candles, but out your stop loss tide.
AUDUSD [Return To Fair Value Area]Good evening, it seems that the AUD is grinding against the Dollar and will inevitably return to the fair value area that it had maintained for some time before the bearish cycle that got cut off early.
The reason for this is the increasing uncertainty about the degree in rate hikes for the Dollar, the increasing problem of inflation for the Dollar, and the risk on sentiments churning underneath the hood all of which contribute to the bullish scenario we have been seeing the AUD experience against the dollar.
The technicals seem to indicate exhaustion, but in my opinion, this is simply accumulation prior to the big move in my humble opinion.
The bulls seem to be holding the break of its prior bullish channel on the upside quite well, as they'd need a quite strong bullish move to establish the AUDUSD within proximity of its past fair value area. Now, this is only speculation and not financial advice... but I personally will be going long on the AUDUSD, will give an update on the outcome of the play. God bless, trade safe.
UPDATED BUY SIGNALOn March 16th I said I recommended to start buying in Bitcoin, Dogecoin and Ethereum. I said Bitcoin would have resistance around 47000 but I still believe with a target of 52000 and with Dogecoin said .17 to .22 and we have hit that with resistance at .145 but other than a little resistance at .17 there is nothing to stop .22...I am using the day charts this write up...
There is really nothing different in the economic situation accept the budge was submitted and it is dead on arrival... Ukraine they don't seem to want to win , afraid of Putin and that is sad....
Now the 1st quarter is coming to an end and I look for institutions that miss the run from 37000 to 47000 will be shifting there portfolios because they don't like to be on the loosing side... Both Goldman Sachs and Blackrock the largest institutional holder now have cryptocurrency on the websites...
So I look for a good 2nd quarter and are target will stay in place and as always this is only a recommendation of our view point and not telling anyone to buy or sell..good luck and smart investing to all and thank you for all following us ...............................
DOT /USDTAs you can see in the chart DOT in 4H is in this pattern, so wait and keep your eyes on the chart if you could see the break out you can make It long ,AND if we were rejected we can make it short
Since I'm a day trader all my analysis is good for the short term do not use it for holding or long term just take advantage of the market
If we can see the break out our next target will be 28
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO NOT FORGET TO USE STOP LOSS
GOOD LUCK
ATOM/ USDTAs you can see in the chart ATOM is trying to break its resistance and the GOLDEN LINE OF FIBO, If we can break it we will move up
if not I draw you what scenario we might face
for now, the black line I draw is important if it breaks it down we will have a short movement downward
Keep eye on the chart for making short or long
THIS IS NOT FINANCIAL ADVICE ITS MY PERSONAL OPINION
DO NOT FORGET TO USE STOP LOSS
NEAR/USDTIf we can break our resistance at 14 we can move higher
if not I draw you guys what scenario we might face
So keep your eyes on the chart and use stop loss
In my opinion, it's gonna pump and if the market will hold and will not sell at 18 and 20 the price will gonna insures more
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO TRADING BASED ON YOUR OWN ANALYSIS
GOOD LUCK
WAVES /USDTIf you guys check my previous post about waves you can see I could predict it will pump, I know it sounds crazy but in my opinion, our next target will be 79 or 80
Fibo and pivot show that
let us see what the market will do next
This is not financial advice it's just my personal opinion
DO NOT FORGET TO USE STOP LOSS
$omi buy zoneThesis: Using Elliot wave theory from our 1-5 correction with a trend-based fib from 1-2 we've retraced back down to our 1.618 level. That level is also shown in the past looking at our green box to be a clear area of support. Using a trend line from Jun 2021 if we look at recent price action it lines up with the idea of this being a local bottom. I personally bought $350 @ 0.00285 and will be buying another $350 if we can reclaim support above our resistance line from March 2021.
BTCUSDNow we reach a strong resistance level, specially we are testing the Black Trendline that the price respected and reacted massively in the previous months,
I expect to have a correction for 45 - 46 K, retesting this strong level.
for Bull market confirmation we should see a correction in this area, and break out with volume from this correction, at this moment, I expect the Bull Market will start again, and we can start to buy bitcoin and other great coins.
Good Luck !!