Martin-MTC1

Martin-MTC1 Updated 

Hello, guys The shakeout spurred by panic over bad data in the US market a few weeks ago is redeemed. False breakout leads to a rise to 62K, which defines the local range, forming a strong resistance and the beginning of a local correction. Within the correction, the price is testing 0.5 Fibo and the bulls are actively holding the price above this area, The...

Martin-MTC1 Updated 

Hello, guys This bearish trend can be encapsulated within a bearish channel on the 4-hour timeframe. A bullish breakout of this channel is the condition for continued growth. If a decline occurs, it will be temporary and will find support at one of the following levels: 58595.50, 56819.25-57372.40, or 55382.60-55876.20. Subsequent growth targets for...

Martin-MTC1 Updated 

Hello, guys On Friday, while analyzing the 4-hour chart, we observed that Gold managed to rise above 2475, indicating the start of a bullish trend. In our previous analysis, we mentioned that as long as Gold remained below 2475, it was considered to be in a bearish channel. On the 30-minute chart, we observed that XAUUSD began rising from 2486 within a...

Martin-MTC1 Updated 

Bitcoin trades lower at $57,478 on concerns the US Government is preparing to sell the Bitcoins it seized during the Silk Road raid. Bitcoin needs to reclaim the 200-day moving ma at $62,432 to stabilise and open up a test of multi-week trend channel resistance near 70k. Aware that a sustained break below support at 53/50k would negate the bullish medium-term...

Martin-MTC1 Updated 

Hello, guys Gold prices rose in European markets on Friday to maintain their position for the second day on Tuesday, approaching the last high in the fourth quarter Dry weekly earnings survey, center of income on US Treasury bills for 10 years Despite the strong economic data in the United States, other than markets, 100% of the Federal Reserve is expected to...

Martin-MTC1 Updated 

Hello, trader. remains choppy, having formed a doji candle in the last daily session. Given that today is Friday and there are no significant high-impact news events on the horizon, there is a possibility that the market might continue moving sideways. The price is currently hovering around the key level of 2450, building liquidity both above and below this...

Martin-MTC1 Updated 

Hello, guys Yesterday, we reached our target of +450 pips. The current price is trading below the turning level at 19,547. As long as it remains below this level, it’s likely to continue declining towards the first support level. Tendency, the price is under bearish pressure, until trading below turning level at 19,547. Turning Level: The price is currently...

Martin-MTC1 Updated 

Hello, guys Tendency , the price is under bearish pressure , until trading below resistance trendline . Turning Level: The price is currently trading below this level around 40,671. As long as it remains stable and stays below this level, The price is currently trading below this level around 40,671. As long as it remains stable and stays below this level, a...

Martin-MTC1 Updated 

Crude oil prices are gaining bullish momentum and might even test. $80.00. Important Takeaways for Oil Price Analysis Today - Crude oil prices extended gains above the $75.70 and $76.40 resistance levels. - There is a connecting bearish trend line forming with resistance at $77.10 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...

Martin-MTC1 Updated 

Hello, trader. GBPUSD is expected to maintain its short-term uptrend as long as the price stays above 1.2842. The nearest resistance is at 1.29, with the next level at 1.2933. Traders who are not currently long may wait for a pullback to the 1.2842 to 1.2877 range to secure a more favorable risk-to-reward ratio.

Martin-MTC1 Updated 

Hello, trader. EUR/USD will maintain a short-term uptrend as long as the price remains above yesterday's low of 1.0947. The nearest resistance level is at 1.1012, followed by 1.1044. Traders who are not already long will likely wait for a correction to the 1.0947 to 1.0975 range to achieve a better risk-to-reward ratio.

Martin-MTC1

Hello, traders The price is moving in a descending channel on the 1-hour frame and is about to break upwards We have a trend to stabilize above the moving average 100 We have a downtrend on the RSI indicator that supports the rise by breaking it upwards We have a major support area in green at a price of 136.50 from which the price rebounded Entry price...

Martin-MTC1

Hello, traders The First One is 2,780 And The Second One IS 2,433. Ethereum (ETH) is another prominent cryptocurrency that, like Bitcoin, experiences significant price fluctuations. Currently, Ethereum's price is observed with two key levels of interest: $2,780 and $2,433, which are highlighted as potential points of focus on its price chart. The price level of...

Martin-MTC1

Hello, traders The S&P 500 Index demonstrated significant resiliency during this week's trading session, surpassing the Inner Interim Index Rally 5443 target. Following a springy rebound, the current market price action is positioned below the newly established significant Mean Res 5564. Anticipated interim downward pressure toward the Mean Support at 5445 is...

Martin-MTC1

The US dollar selling resumed and the AUD/USD having outperformed yesterday on the back of stronger Aussie data, has broken out above 0.6635-45 resistance just now. Can it hold its gains into the close? Has broken out above 0.6635-45 resistance just now. Can it hold its gains into the close? The breakout certainly suggests more gains could be on the way in the...

Martin-MTC1

Hello, guys My dear subscribers, My technical analysis for USDJPY is below: The price is coiling around a solid key level - 148.08 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 148.63

Martin-MTC1

Hello, guys Trading Setup: A Trading Signal is seen in the GBPJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on. 190.97 ⭕️ SL@191.37 🔵 TP1@189.61 🔵 TP2@188.79 🔵 TP3@187.53

Martin-MTC1 Updated 

My today's buy view is as follows for trading: Entry: $58,300 SL: $57,630 TP1: $59,840 TP2: 61,000 However, buy at the current market price and hold till 61K and close your trade if you are medium-term holder.