FOREXRSMV

FOREXRSMV

USDCAD Amid a weaker dollar, the Canadian falls and is poised to continue falling after breaking through 1.363

FOREXRSMV

The breakout of the resistance of the wedge confirmed the end of the correction, after fixing the price above 2300 the market allowed us to get an impulse of almost 700 pips and test the area of 2378. At the moment the market is still bullish. The favorable fundamental and technical background (2356), together with the fall of the dollar index continues to...

FOREXRSMV

The fourth wave of correction is coming to an end and a rally within the V wave is being formed. The potential target could be 2400-2550. The price is returning to the range of 2398-2362. If the bulls keep the price above the 2362-2352 area, it will confirm their intentions and open the way to 2400-2450. Fundamentally, gold has a good potential on the back of the...

FOREXRSMV

XAUUSD continues to consolidate, the market is uncertain, there are reasons for both long and short positions, but everything will be determined only by the exit of the price from the specified range. The current situation is as follows: the price earlier broke the resistance of the wedge, which in general can be perceived as a hint of the end of the correction....

FOREXRSMV

XAUUSD last week was fundamentally rich, but the market reaction is weak, sellers are actively selling out any buying activity. A pre-breakdown setup is forming around 2285, and if it is not broken, the correction will extend to 2222 (2195). The signal to the continuation of the fall will be the fixing of the price below 2285. But, with active participation of...

FOREXRSMV

Today is quite a busy news day, but all attention is focused on 🔤🔤🔤. The gold market is locally bearish and set for further decline. Breakout of 2295 and price consolidation below this area will form a bearish potential. But on the news background anything can happen, like a shakeout to 2328 before a further fall to 2250, or an attempt to break the trend...

FOREXRSMV

The price of BTC fell 7% in a day. Early Thursday, the flagship digital asset remained under pressure, with its price tag hovering around the mid-$57,000s per coin. What's even more interesting, at least for technical analysts, Wednesday's drop broke through the 100-day simple moving average, signaling a potential short-term bearish trend. What's next. Bitcoin is...

FOREXRSMV

There is a strong struggle for the 1.0700 area, especially ahead of Non Farm Payrolls, which may determine the medium-term outlook. Traders expect the NFP to be lowered to 238K, compared to the previous 303K. On the background of high news volatility, the price may test the liquidity zones above the price before continuing to fall, as the general background for...

FOREXRSMV

There may be a pullback before the news. Ahead of Initial Jobless Claims, traders are waiting for a negative scenario against the dollar, if the data is below 212K, the gold may continue its decline, if the IJC is above 212K, the gold will head towards 2328. Resistance levels: 2305, 2328 Support levels: 2295, 2280, 2267 The market is bearish, the correction is...

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The market is waiting for Powell's speech, who will give comments on interest rates. Traders lay in the situation the fact that Powell may give a tough comment on the current situation and leave the rate at the same level. Support levels: 2305, 2267 Resistance levels: 2328, 2344 Technically the correction continues. This correction is formed on the basis of...

FOREXRSMV

On H1: Price is testing 2350 and forming a retest of the consolidation boundary. If the price consolidates above 2328-2330, it is likely to head to 2359, and then it can easily reach 2398. Since fundamentally everything is at the same level, and from a technical point of view we see a correction and a strong sell-off, the market also has a high chance for a...

FOREXRSMV

The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500 - 60000K. The key level below which there is a huge pool of liquidity is 59300-59500, there is a high probability that Bitcoin can test this area before further growth. I am expecting a rise because Bitcoin's technical and...

FOREXRSMV

📈https://www.tradingview.com/chart/oCgvA4B9/ 🔠🅰️🔠🔠🔠🔠 Price is testing local lows and forming an entry into the risk zone. Possible shakeout before the subsequent fall. Last week a major player was collecting liquidity at the expense of buyers, this can be seen in the long tails of daily candles, volumes and trading relative to the 2400 zone. At the moment we...

FOREXRSMV

At the moment it is worth paying attention to the range 2365 - 2400, there is a chance that the price will stay inside this corridor for some time. Since the trend is bullish, we should still expect growth in the future, but there is a risk and panic area on the chart, if it is broken through, a deep correction to 0.382 Fibo or 0.382 on D1 may start. Resistance...

FOREXRSMV

XAUUSD is still trading above key support levels and looks strong enough to test or even renew the global high Resistance levels: 2395, 2400, 2430 Support levels: 2365, 2358 The price is testing MA-200 and forming a false breakdown of 2365. The market reduces volatility and goes into the waiting phase before the news, the growth may continue either after the...

FOREXRSMV

The price breaks local resistance and heads towards 2400. At the moment, the market's target is to break 2400 and reach the liquidity area of 2431. Resistance levels: 2429.7, 2400 Support levels: 2371, 2365 Technically, this is a strong bull market. It is worth looking for strong support areas to buy or strong resistance areas to trade on a breakout. Potential...

FOREXRSMV

there was the development of another geopolitical problem in the Middle East and it is related to the armed crisis between Iran and Israel, which in general can only affect the appreciation of the metal. Resistance levels: 2365, 2375 Support levels: 2335, 2330, 2325 In general, we should consider a retest of the trend support or 2330 and look at the price...

FOREXRSMV

XAUUSD may test the support as part of the correction, but on the background of high interest in gold as a hedge asset amid geopolitical and economic problems, theoretically, gold may continue its growth. Resistance levels: 2345, 2365, 2375 Support levels: 2328, 2303 At the moment the price is in a range. A breakdown of support may weaken the price a bit to...