DOT Analysis: Awaiting Movement Amid Market Contraction DOT has been stuck in the current zone since the beginning of February. The market remains focused solely on Trump's reforms and appears more contracted than ever. DOT has already broken out from a clear bullish pattern but is not showing movement. If Trump makes any comment, it could cause a significant...
BTC Hesitating to Begin the Bullish Movement Considering our previous analysis, not much has changed. BTC has validated and invalidated this pattern twice by expanding and accumulating more. Currently, BTC has confirmed a bullish movement. However, the market is heavily focused on any news related to Trump and cryptocurrencies. Each time BTC appears ready to...
GBPJPY: Potential Inverse Head and Shoulders Pattern GBPJPY is showing the possibility of forming a potential Inverse Head and Shoulders Pattern. The fundamental situation related to the Bank of Japan (BOJ) remains a bit confusing. Government data released on Friday indicated that Japan's consumer prices are on track toward the BOJ's goal of achieving stable 2%...
Ethereum's Accumulation Phase and Potential Movements Ethereum has been accumulating within a triangle pattern for about three weeks. While the odds suggest a potential rise, the situation is more complex than it appears. Currently, the market is in a state of waiting for updates from the Trump Administration regarding new cryptocurrency regulations. This...
USDCHF: A New Opportunity for Growth The USDCHF currency pair appears to form a significant range trading pattern between 0.8965 and 0.9200, approximately 235 pips. After finding strong support at 0.8965, the price may rise again. A strong resistance zones is expected around 0.9045, 0.9080, and 0.9135 You may watch the analysis for further details! Thank...
GOLD: Still Bullish But Caution Required Following our analysis from yesterday, GOLD has reached all its targets. However, today, GOLD created a new all-time high, which was unexpected given the lack of significant economic events and the ongoing positive discussions about peace between Ukraine and Russia. This new bullish breakout suggests potential for...
DXY Bullish ABC Pattern Analysis On February 14th, the DXY (US Dollar Index) completed a Bullish ABC pattern. The price is already reacting, indicating that the USD is still resilient despite the challenges posed by President Trump's tariff policies. The DXY is expected to rise to a minimum of 107.30, which corresponds to a strong resistance zone. If the price...
AUDUSD Analysis: Contracting Triangle Pattern The AUDUSD is currently creating a "Contracting Triangle pattern." Typically, this is a bullish or bearish continuation pattern, but in this scenario, AUDUSD is presenting both bullish and bearish trading opportunities due to ongoing tariff issues. Later today, the FOMC Minutes will be in focus, which could...
BNB About to Begin a Bearish Wave Although I generally prefer not to sell BNB due to its strong performance in bullish setups, recent developments indicate a potential decline. Since February 14th, the price has moved outside of the bearish pattern, suggesting further downward movement and is not showing any strong bullish sign. Even if don't like to sell...
NZDUSD: Brace for Another Bearish Movement The NZDUSD pair has recently broken down from a minor bearish pattern near the 0.5750 level. With the US market reopening after a long weekend, the USD is expected to strengthen, increasing the likelihood of a downward movement for the NZDUSD, as illustrated in the chart. Additionally, the Reserve Bank of New Zealand...
GOLD: A Short-Term Bullish Setup In our previous analysis, gold adhered to the bullish scenario, which proved to be a wise choice. The price followed the predominant trend and has already reached two of our targets. Gold is currently accumulating again, increasing the likelihood of testing 2924, 2935, and possibly even 2940. You may watch the analysis for...
USDCHF Analysis: Potential Range Trading Pattern The USDCHF currency pair appears to be forming a significant range trading pattern between 0.8965 and 0.9200, approximately 235 pips. After finding strong support at 0.8965, the price is on the rise again. Notable resistance zones are expected around 0.9045, 0.9080, and 0.9135. However, this time you have to be...
Gold Market Analysis: Both Scenarios Explained On Friday, gold encountered strong resistance at the $2940 level and moved down aggressively in a "V" shape reversal without confirming a bearish wave. The only selling opportunity was near the resistance zone. Currently, the gold position indicates potential for both upward and downward moves. Bearish Scenario:...
BMY: Technical and Fundamental Analysis Two recent developments initiated a bearish movement in BMY last week: News_1: Bristol-Myers Squibb's Melanoma Treatment Fails to Meet Primary Endpoint in Phase 3 Adjuvant Trial Bristol-Myers Squibb said its Phase 3 trial evaluating opdualag for the adjuvant treatment of patients with completely resected stage III-IV...
EBay Seems Unstoppable From our previous analysis, eBay has surged by nearly 14%. What’s Next? You can watch the video for further details. Thank you!
ALGO Completes Bullish Harmonic Pattern ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time. It appears that market participants are determined to prevent the price from falling further. Today, ALGO...
TXR Completes Bullish Wedge Pattern Recently, TXR completed a bullish wedge pattern. Following a price decline to 0.2300, a strong bounce indicated that bullish momentum remains high. The breakout from the pattern looks promising, increasing the likelihood that TXR will test the top of the structure it occupied in recent weeks, as shown in the chart. Key...
EURJPY: Get Ready For The Next Movement The EURJPY has completed a bullish harmonic pattern and has tested a strong support and psychological zone near 156.00. Despite initial weakness, EURJPY recovered very well. The JPY's strength has been bolstered by market uncertainty related to tariffs, driving volume towards safe-haven currencies like the...