ForexFibonacciChart

ForexFibonacciChart

USDINDEX -DXY ABCD Pattern Forming on DXY (Monthly) The ABCD pattern is still forming on the monthly chart of DXY. But there’s no explicit confirmation on lower time frames, and a possible correction might occur before the pattern completes. #DXY #USDINDEX

ForexFibonacciChart

ABCD Pattern Forming on the Monthly Chart of the U.S. Dollar Index (DXY) An ABCD pattern is forming on the U.S. Dollar Index (DXY) monthly time frame. Although it hasn't been completed yet, the current structure suggests a possible setup for a future reversal. Traders monitoring long-term technical patterns may want to monitor this development closely.

ForexFibonacciChart

The weekly XRP/USDT chart shows that after a strong bullish move, the price has approached the key resistance level at **$2.94**, with the possibility of a short-term correction toward the support zone at **$1.90–$2.00**. If this support level holds, the uptrend is expected to continue, with the price targeting higher levels such as **$11**.

ForexFibonacciChart

This Gold (XAU/USD) chart on the 3-month (3M) timeframe illustrates a harmonic pattern with key points A, B, C, and D. The pattern indicates a bullish structure, suggesting that the price is likely to reach point D. Based on this pattern, further price growth is anticipated, reflecting the strength of the long-term upward trend. ### Potential Analysis: Price...

ForexFibonacciChart

SHIBA INU (SHIB) is a cryptocurrency known for its volatility and speculative nature. Deciding whether to buy it requires careful consideration of multiple factors: ### Key Factors to Consider: 1. **Market Sentiment**: SHIB's price often correlates with overall sentiment in the crypto market. Monitor Bitcoin and Ethereum trends as they influence...

ForexFibonacciChart

To analyze whether ETH/USDT (Ethereum) is in a good buying area, let's' consider the following: --- ### **1. Technical Analysis** - **Support Levels**: - Identify key support zones, such as $1,500, $1,600, or areas of previous consolidation. - Watch for Fibonacci retracement levels (e.g., 0.618) after a recent price move. - **Indicators**: - **RSI**: Check...

ForexFibonacciChart

Analyzing BNB/USDT (Binance Coin) for a potential buy opportunity involves examining both technical and fundamental aspects: --- ### **1. Technical Analysis** - **Support and Resistance**: - Look for strong support zones, such as prior lows or key Fibonacci retracement levels. - Psychological levels (e.g., $200, $250) often act as support or resistance. -...

ForexFibonacciChart

To evaluate if DOGE/USDT (Dogecoin) is in a good buying area, let’s break it down: **1. Technical Analysis** - **Support Zones**: Evaluate whether Dogecoin trades near a critical support level, such as a psychological price point (e.g., $0.05, $0.10) or a historical low where buyers have previously shown interest. - **Indicators**: - **RSI**: An RSI reading...

ForexFibonacciChart

To identify a buying opportunity for XRP/USDT, consider both technical and fundamental factors: --- ### **1. Technical Analysis** - **Support Levels**: Check if XRP is near strong support zones, such as previous lows. - **Indicators**: - **RSI**: Look for oversold conditions (below 30). - **Moving Averages**: Watch for shorter moving averages (e.g., 20-day)...

ForexFibonacciChart

To determine if DOT/USDT is a good area for a buy, let's analyze the potential: --- ### **1. Technical Analysis** - **Support and Resistance Levels**: Check if DOT is near a strong support level, such as a historical low or a previous consolidation zone. - **Indicators**: Use RSI to see if DOT is in an oversold zone. Moving averages (like the 50-day or 200-day...

ForexFibonacciChart

To determine whether ADA/USDT is in a favorable buying zone, it’s important to consider both technical and fundamental factors. Here’s a structured approach: ### 1. **Technical Analysis** - **Support Levels**: Identify if ADA is approaching a strong support zone where prices have historically bounced back. - **Indicators**: Utilize the Relative Strength...

ForexFibonacciChart

Gold in 15-minute timeframes. If it breaks 2318, it can touch 2324. From 2324 until 2330 is an important area. We should wait for confirmation.

ForexFibonacciChart

Buy EUR/USD in the 15-minute time frame. We are looking for a buying position at this time frame.

ForexFibonacciChart

Buy XAU/USD in the 45-minute time frame with a stop loss at 2310 and take profit at 2350.

ForexFibonacciChart

LONDON (Reuters) - The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on when the Federal Reserve may start to cut rates.

ForexFibonacciChart

From a technical perspective, last week's swing low, around the $2,015 area, is likely to protect the immediate downside ahead of the $2,000 psychological mark

ForexFibonacciChart

Look for shorts in a lower timeframe The Japanese yen (JPY) weakened across the board on Thursday following cautious remarks by Bank of Japan’s Executive Director Seiichi Shimizu

ForexFibonacciChart

Gold prices bounced upward, supported by the intraday bullish channel's lower line, indicating a resumption of the bullish wave.