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Trendlineanalysis

USD/CAD - Key levels to watchTechnical analysis The price is currently in a downtrend, please see the chart marks and the technical explanation below. 30-minute chart On the 30-minute chart, USD/CAD is currently in a downtrend. The price is below the 200-period moving average, and the relative strength index (RSI) is below 50. This suggests that momentum is to the downside. 4-hour chart On the 4-hour chart, USD/CAD is also in a downtrend. The price is below the 200-period moving average, and the RSI is below 50. This suggests that momentum is to the downside on this timeframe as well. Daily chart On the daily chart, USD/CAD is in a consolidation phase. The price is between the 50-period and 200-period moving averages, and the RSI is around 50. This suggests that there is no clear direction for the price on this timeframe. Conclusion Overall, USD/CAD is in a downtrend on the 30-minute and 4-hour charts, but in a consolidation phase on the daily chart. This suggests that the price is likely to continue to move lower in the short term, but there is no clear direction for the price on the longer term.
Short
by YExplore
Is BTCUSD third attempt at 24919 going to hold?(1)This is the third swing low of Bitcoin on the daily timeframe. We will track and see if this holds to become a weekly bottom. The difference with this bottom confirmation is that there has been a trend change from a downtrend to an uptrend as shown in the chart image. However,the volume spike is not huge. Another thing that we have observed is that the price level of 24756 on the weekly timeframe has held and has not been broken yet to give a trend change. Hence weekly is still in uptrend as in image below. We have now entered this trade on 4h confirmation bar on a reduced risk in review of the reasons above. Trade order details BTCUSD(Long) E - 26086 SL - 24919 T - TBC We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1.Trader Starter Pack 5 day video course Look on our channel profile or at our signature section to access it 2.7 steps to achieve consistent trading performance www.tradingview.com 3.7 steps for strategy construction www.tradingview.com Refn Image of Weekly timeframe
BITSTAMP:BTCUSDLong
by masterthemarkets2010
GBPJPY will fluctuate in a wide range!Strong Bullish candles and weaker bearish moves. Candles are begging traders: BUY! But the super bullish channel might be broken this time. Remember these kind of channel won't last long! Take a look at GBPUSD Pound is going to be weaker against USD Same for USDJPY: If I want to favor one to another I'll choose GBP so our suggested entries in lower time frames could be found around: LONG AT: 181.05 AND : 177.71 SL : below 176.71 Take profit points: 183.00 186.00 Any breaking news or an important one, could devaluate this analysis. Also, breaks out of the yellow range is expiration of the idea.
by AliSignals
XAUUSD- Is the strength of gold no longer important to the econoIn the initial hours of Monday's Asian session, gold prices were observed to be hovering at approximately $1,920 per troy ounce. Despite this, the precious metal managed to maintain its previous weekly close due to some assistance from the weakening US Dollar (USD). The US Dollar Index (DXY), a measure of the performance of the Greenback against six prominent currencies, is presently trading around 104.80. This value is slightly lower than its peak since April. However, there is an increase in US Treasury bond yields which may exert pressure on gold prices. Specifically, there has been a rise in yield for the 10-year US Treasury note by 0.52%, reaching 4.29%.
OANDA:XAUUSD
by Mars_Hunter
4
Analysis of BANKNIFTY index on Daily chart (1D)Looks beautiful on the daily chart... I'm happy to see the breakout candle of the H&S pattern trendline (pink line)... Now, we can see the higher resistance shifted to 45300 / 45900 and support is shifted to 44500 / 44100 It's just a view of what I observed on the chart. I'm sharing my observation on this platform purely for education purposes and It's not a trading idea. I'm not a SEBI registered technical analyst, so consult your financial advisor before trade and trade based on your own knowledge and risk management...
NSE:BANKNIFTY
by jaydeep984trivedi
EURUSD: Short Term Buy opportunityFrom a technical point of view, the trend is bearish on intraday chart, but at the same time, the FX:EURUSD pair could trigger an interesting corrective structure. That said, with a short-term bullish view, it is possible to build up long positions and try to let them run all the way to Target 1. Don't forget that the Big Bears still have open short positions. This idea is just tactical setup, the main trend remains bearish at least for now. From a technical point of view, we are still awaiting the formation of wave A. We will expand on this idea in our next analysis or update. Trade with care. Like | Share | Comment
Long
by TheAnonymousBanker
8
BTC - Trendline Break, Bears DominateHi Traders, Investors and Speculators of Charts📈📉 Sellers are showing up on lower timeframes and bears have taken control of the price action for the short term. What seems likely here, judging by the technical indicator, is a rejection of the red RSI at 50 meaning a slow continued downtrend until the RSI rises above 60 in the daily. From the Green EMA dropping sharply, we deduct that the sellers have taken control in the lower timeframes. For now, the best course of action seems to be observing from the sideline and look for other trading opportunities with better risk/reward setups across the altcoin market. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITFINEX:BTCUSDShort
by CryptoCheck-
28
Google -> Trading The Major Swings...Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Google 💪 Just a couple of months ago Google stock perfectly retested a major monthly bullish trendline and in confluence with a retest of the 0.618 fibonacci level we already had a major rally of more than 50% towards the upside. If you are looking at the weekly timeframe you can also see that Google stock just broke above and retested the strong psychological $125 level and everything is looking massively bullish. Finally I am now just waiting for another retest of the daily $132 level and after some bullish rejection everything is pointing towards more bullish upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:GOOGLLong
by basictradingtv
27