Traders, Here's a snapshot of BTC dominance and its implications: Resistance Zone: BTC dominance is encountering challenges breaking above the 55% resistance zone. Altcoin Strategy: Any breaks below the trend line signal a need to add more altcoins to our portfolio. Risk Management: Exercise caution and monitor the general trend of BTC to mitigate potential...
Traders, Let's assess EUR/CAD's daily zones and accompanying considerations: Wait for LTF Confirmations: Exercise patience and await confirmations from lower time frames before making trading decisions. Monthly RSI: Suggests a range zone, indicating potential stability. Weekly RSI: Indicates a potential bearish move, urging caution regarding long...
Traders, I foresee a potential uptrend in gold, with a target price of 2140.00. Key points to consider: The zones of interest cluster around daily, weekly, and monthly pivot standard points. These convergence points often indicate significant levels of support and resistance. Keep a close eye on gold's movement and be prepared to act accordingly. Best regards,
Traders, Let's analyze EUR/USD across various time frames: Weekly Chart: We identify three distinct zones, with the nearest around 1.09. Daily Chart: The closest upper chart rests at 1.08838, while the nearest lower one is at 1.07994. 1-Hour Chart: Our initial entry aligns with the daily pivot and a crucial Murray level. Additionally, we anticipate: A...
Hello Traders, I'm excited to share some insights on XAU/USD: The bearish channel has been successfully broken, and a new bullish trend has emerged. While the new bullish channel appears relatively narrow, it's important to remember that breaks above or below it may not necessarily indicate a change in trend direction. Here's our strategy: Keep a close eye on...
Traders, Let's delve into the key zones for AUD/CAD: We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again. Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones. Additionally, we'll increase our volume around the lower 1-hour...
Traders, Let's identify crucial zones: These zones hold significant importance. Remember, higher time frame zones carry more weight. You can consider long trades, even for shorter-term positions, within these zones. Keep a keen eye on market movements and execute your trades prudently. Best regards,
A daily bearish strong candle and a break over trend line mean that we should expect a reversal! I'm considering a long position within the 1-hour zone. However, I believe it's prudent to await confirmation within the 4-hour zone, which also presents a promising opportunity to long the pair. Presently, shorting the pair doesn't seem viable to me. I'll remain...
Traders, Upon reviewing the 1-hour chart, a clear bullish trend is evident for GBP/JPY. I propose the following intraday strategy: Keep a close watch on the 15-minute chart. Any breaks above 190.700 in the 15-minute timeframe will trigger our limit order. Please note that this analysis is applicable only for today and may become invalid sooner than expected....
Hello traders, These are important levels of Gold and important channels. Any breaks over or below of the levels makes but/sell opportunities. Don't forget to check news before make decision in order to avoid fluctuations! Specifically FOMC meeting on Wednesday is really important.
Hello traders, My total bias on this pair is still bearish! but we can use from some bullish opportunities by considering less risking levels. The slope of red line and green line and also the slope of yellow lines are sign of weakness in downward trend. The zone was previously used by bulls to enter the market. There might be slight reactions again....
Let's assess the XAU/USD dynamics: Daily Chart: The trendline breach indicates a shift towards bearish sentiment. Notably, there's a strong reaction to the established level. 4-Hour Chart: The level of 2029 has been breached, affirming a downtrend. 15-Minute Chart: Entry Points: Consider entries at 2029.00 and 2031.70. Set Stop Loss (SL) at 2037.00. Take...
Hello traders, The trendlines and crucial horizontal levels are prominently displayed on the chart. Following the recent break of both the daily and 4-hour trendlines, in case of a potential reversal, which could present a buying opportunity. Stay tuned for updates. Best regards,
Hello traders, Levels and zones are clear in the chart, I think emerging of a bearish channel is possible in GBPUSD, however Wednesday FED interest rate decision is really important and could change the market trend. Keep updated!
Traders, Let's delve into the forecasted path for GBP/JPY: Trend Analysis: Upon examining the daily chart, we notice a resilient bullish channel that, despite being broken previously, has resurfaced with vigor. Furthermore, the strength of bullish candles outweighs downward movements. Potential Obstacles: Anticipate some hurdles or resistances along the...
Dear Traders, Let's keep it simple with EUR/USD: We're holding off on major decisions until we witness a breakout. If the price surpasses the trendline, it signals potential bullish momentum. Conversely, if it drops below 1.08, we anticipate a continuation of the bearish trend. Until then, we're limiting ourselves to low-volume trades as per our...
Here's a simplified analysis for AUD/CAD: Long-term view from the weekly chart indicates a bearish trend. Mid-term perspective on the daily chart shows a broken bullish channel, replaced by a bearish one. Considering fundamental factors: Escalating tensions in the Middle East may increase the chance of the Beijing-Taipei conflict, potentially impacting AUD...
Dear traders, Dive into the AUD/CAD realm with a blend of geopolitical insights and technical signals: Before we venture into any further downward potential, keep a close eye on the critical level around 0.8822 for potential breakthroughs. Here's the geopolitical and technical mix in our AUD/CAD analysis: Geopolitical Considerations: Wednesday's Bank of...