Hi traders! Bulls tried to break through the upper boundary of the channel and the 192 resistance level… but no luck! ❌ Now, the bears are sharpening their claws and setting their sights on 184-182! 🎯
Hello Traders! EUR/USD: Possible Test of 1.05650–1.06 The EUR/USD pair is likely developing a five-wave impulse. The key invalidation level for the current wave structure is at 1.04200. As long as the price remains above this level, there is a possibility of further growth and a test of the 1.05650–1.06 zone in the coming days.
Hi All! Wave 4 Correction Before Further Growth Gold appears to have entered Wave 4 of a five-wave Elliott impulse from the 2955 level and is now in a corrective phase before resuming its uptrend. 🔹 Key Levels to Watch: 1️⃣ 2860 – A potential termination point for Wave 4, as multiple support levels converge here: • 0.23 Fibonacci retracement • Upper...
Hi Traders! The daily chart is flashing warning signs! 🚨 A double top has formed, and if the price consolidates below the 5850 support level, the main stock index could dive into a correction toward 5400. 📉🔥 #SP500 #StockMarket #Trading
GBP/USD: Possible Reversal from 1.27500 📉 The GBP/USD pair is approaching the multi-year resistance level of 1.27500. On the 4-hour chart, we see a potential formation of the fifth impulse wave. This wave is not yet complete, but there is a high probability of its termination around this level. A significant correction may follow, providing an opportunity to...
Hello everyone! There is a high likelihood that gold may decline from its current level. The 2800 mark is a historical high and a critical level. Will the bulls be able to break through it immediately? From a long-term wave perspective, the price of gold may currently be in corrective wave 4, which is likely not yet complete, as the time targets have not been...
Hi All! Gold might take another shot at testing its all-time high—because why not? We could see the formation of a fifth-wave impulse with a broad target range of 2780–2792. However, if it breaks below 2750, gold may head down to test the 2720 support level. Let’s not forget—today is the Fed meeting, and Jerome is about to give the markets a reason to move....
Hello everyone! The USD/JPY pair failed to hold above the support level of 155.00, which suggests an increase in dollar selling within this pair. Our target is 151.50–152.00, with a possible further decline toward the key support level of 150.00.
🔥 Friends, the market is heating up! Bears have pushed oil down to a key support level – $72 per barrel. This is the last point where wave (5) of the impulse could start forming. 📉 Bearish scenario: A break below this level could send oil to new yearly lows. 🐂 Bullish scenario: We see a bullish divergence on the H1 chart, and the price is testing the upper...
Hi All! A day off is a good time for reflection. Oil Price Outlook: Potential Fifth Wave Impulse Up There is a high probability that oil prices, having broken through the upper boundary of the regression channel, may continue their upward movement with a target in the 81.20–84.00 range. This could be the fifth wave of an upward impulse. Wave Structure...
Hello everyone! 📈 US500: Potential Growth After ABC Zigzag Formation On the hourly chart of the US500 index, a possible ABC zigzag has formed, where waves A and C are equal. The RSI indicator has reversed from the oversold zone, confirming the likelihood of an upward move. 🔹 Target levels for profit-taking: ✅ 6050 ✅ 6140 🎯 Potential growth target —...
Hello all! The USD/JPY pair has broken the 154 support level and is heading toward the next support zone around 150-152. However, this support level doesn’t seem significant, and with U.S. labor market data coming out on Friday, we might see continued downward movement. 📉 Main support level: 149-149.50, where we expect the week to close. We’re keeping an eye...
Hi All! EUR/USD: Possible Corrective Zigzag and Growth Prospects On the hourly chart of EUR/USD, a possible corrective ABC zigzag may have formed between February 5 and 7. Currently, the price is holding above 1.029, with bulls defending this key support level. 📈 If the price continues to rise and re-enters the parallel channel, we expect further euro strength...
Hi All! USD/CHF: Resistance Test and Possible Pullback In the USD/CHF pair, bulls are testing the resistance zone at 0.91200. If the breakout fails and the price pulls back below 0.91100, there could be an opportunity to open a short position with targets at 0.89900 – 0.89600.
Hello Everyone! 🚀 Gold (XAU/USD) Wave Analysis – Potential Growth to 2960-2970 On the H4 gold chart, the price is likely in subwave (iv) of wave 3. Once the current correction is complete, we can expect the formation of subwave (v), which will finalize wave 3. 🔹 Key Levels: • Wave 3 has nearly reached the 1:2 ratio with wave 1 (2952.50), but this level was...
🚀 Oil (XTI-USD) Reversal in Sight? Technical Analysis 📈 On the 4H chart, oil is holding above the 70.00 support level and attempting to break 71.20. If bulls manage to secure this level, we could see a move toward the local high of 73.10. Technical signals supporting growth: ✅ RSI and Momentum divergence on 4H ✅ Attempt to break above the Alligator’s jaws on...
Hello everyone! 🔹 Gold Wave Analysis: Preparing for a Correction? 🔹 Updating our gold forecast! On the hourly timeframe, it appears that wave 3 of the upward impulse, which began back in December, is approaching its completion. 📌 Key Points: 🔸 Wave (iv) has likely formed a truncated flat. We expected a deeper decline in wave (c), but the market only showed a...
🇨🇭🇺🇸USD/CHF: Possible Reversal Pattern🌄 📉 On the 4-hour chart of the USD/CHF pair, we might be seeing a reversal pattern – a triple top. 🧠 On Friday and today during the Asian session, the base of the top at 0.90 was broken. Now, price is trying to test this key support level as resistance. If there’s a bounce and price doesn’t return above 0.90, we expect the...