FOREXRSMV

FOREXRSMV

Closing of the trading session on Friday and the whole weekly session can be considered as promising with the aim of continuing further decline. Accordingly, I do not exclude the fact that the price may head up and test resistance levels, 2577 , 2589 or 2594 Support Level 2556,2546,2532

FOREXRSMV

XAUUSD after a false breakdown of 2546 forms a pullback and tests 2577. It is quite adequate reaction after such a strong fall. The fundamental background is still negative, and the dollar is accelerating its growth. Economic data from China increased economic concerns. Uncertainty about future interest rate cuts by the US Federal Reserve also continues to weigh...

FOREXRSMV

After a busy week, the metal may go into a consolidation phase. In the area of 2714 - 2685, but it is still worth paying attention to resistance and support from which strong moves can be formed Resistance levels: 2696, 2714, 2720 Support levels: 2685, 2652 Technically, xauusd is in a local descending channel and below 0.5 Fibo. If the bears keep the price below...

FOREXRSMV

Technically, the strong resistance is confirmed. It's easier for us, because at the moment the benchmark is 73500. The liquidity above this zone has not gone anywhere and thus still interests the market. That is, the price can still come back and test 73500 At the moment, the focus is on the local high of the previous wave - 69467 If bitcoin breaks this support...

FOREXRSMV

USDJPY IDEA 👀The price closes above 151.93, which indicates a victory of the buyer. The growth may continue, the target is 154.51. But a retest of the half support is possible. 📌⁉️

FOREXRSMV

The resistance retest ended with a bearish bar. The price is likely to head towards 1.29131 Further rebound is possible before further decline.

FOREXRSMV

EURUSD IDEA Short Sell The fall may continue after consolidation below 1.079. But we need to keep an eye on 1.07727 and local low. Market closed at low of the week after consolidation bearish move will continue..⁉️

FOREXRSMV

Fundamentally, the environment is complicated due to many multidirectional factors: geopolitics in Eastern Europe, the Middle East and East Asia, the US economy, the election race, as well as upcoming Fed reports, meetings and comments and the important NFP report. And next week is the US rate meeting... Technically, gold is closing very well and hinting that the...

FOREXRSMV

XAUUSD price is closing inside the range of 2748-2713. A support retest is forming and liquidity capture may reignite upside interest. Traders are waiting for the Fed's actions: which side will the regulator take - aggressive or conservative strategy of policy easing? We should not forget the uncertainty around the US presidential election combined with growing...

FOREXRSMV

The metal is forming a sideways range of 2739 - 2713 - consolidation. A primary retest of resistance could trigger a correction to 2727, or deeper, but with a high probability, gold could continue to rise Resistance levels: 2739, 2750 Support Levels: 2727, 2713 Price may test the ATH in the near term. If the bulls break the resistance and hold the defense above...

FOREXRSMV

Technically, the bull run is not over yet. the week, and Friday in general is closing very favorable and encouraging. The retest of the support is possible in order to capture liquidity. The market may be interested in 2713-2703 before further growth. The fact that geopolitics, the economies of many leading countries, and the course of rate cuts are favorable to...

FOREXRSMV

XAUUSD feels support from the Chinese markets after positive hints from the People's Bank of China revived hope for stimulating the economy. Also from the European side - the ECB cut its key rate, in anticipation of another, fourth cut in December... Strong data from the US on Thursday pointed to a solid economic outlook, but this failed to change the odds of a...

FOREXRSMV

Support levels: 193.5, 191.7, 190.0 Resistance levels: 195.5 The acutal situation on the chart is directed towards the continuation of the movement. The market structure is changing, the fundamental background is on the side of the buyer. We are waiting for the breakthrough of the key resistance (trigger) and the continuation of growth...

FOREXRSMV

This is noteworthy because it eases the immediate selling pressure on BTC. China officially unveiled a fiscal stimulus package aimed at revitalizing the economy. The package is aimed at low-income households, as well as supporting real estate markets and replenishing the capital of state-owned banks. Mt. Gox moved its debt maturity date to October 31, 2025....

FOREXRSMV Updated 

XAUUSD is forming a double bottom from which a rally towards strong resistance is forming. CPI showed worse than expected data, surprisingly. Manipulation? Price has not yet moved out of the corrective channel. Ahead of PPI Resistance levels: 2645, 2651, 2660 Support levels: 2637, 2623, 2600 Technically, XAUUSD is in a correction phase. From the bottom of the...

FOREXRSMV

XAUUSD is in consolidation with gradually narrowing local extrema. Non Farm Payrolls are ahead. Before NFP, traders resorted to adjusting positions, taking profits on the US dollar rally. The encouraging data weakened bets on an aggressive interest rate cut by the Fed. However, the decline in gold prices remains subdued due to heightened geopolitical tensions in...

FOREXRSMV

XAUUSD is in consolidation with gradually narrowing local extrema. Non Farm Payrolls are ahead. Before NFP, traders resorted to adjusting positions, taking profits on the US dollar rally. The encouraging data weakened bets on an aggressive interest rate cut by the Fed. However, the decline in gold prices remains subdued due to heightened geopolitical tensions in...

FOREXRSMV

Technically,the coin shows negative, bearish dynamics, forming gradually declining highs without the possibility to approach the retest of local peaks. Bitcoin and digital assets are increasingly correlated to macro factors, so be sure to protect your portfolio from volatility as the market approaches a rate decision .