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GBPJPY is forming a bullish trend, marked by higher highs and higher lows on the 1H timeframe. Recently, it broke and closed above the 195.600 resistance zone, a level that had been tested multiple times. Following this breakout, the market could surge toward the upper boundary of the channel. Given the choppy market behaviour since the beginning of October, this...

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TRXUSDT pulled back toward the swap zone, which has been tested multiple times before, and took liquidity below the equal lows, creating a false breakout at this significant level. Despite this, the overall trend remains bullish, and the market may enter a short-term sideways phase between 0.1570 and 0.1650. The presence of a recent bullish candle supports the...

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EURUSD has bounced off the resistance level and has been in a bearish trend since the start of October, marking three consecutive bearish weeks. It's likely that the price will pull back toward the resistance zone before resuming its downward movement. If the price pulls back against the main trend, this could result in a classic correction, followed by trend...

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The market has formed a double bottom and has successfully broken and closed above this pattern, as well as above the previous resistance level at 2650, which had been respected before. This indicates that the market is creating higher lows, signaling increased buying pressure. If the price bounces off the support zone below and forms rejection candles, it would...

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CADJPY recently made a fake breakout of the previous support level, but quickly bounced back, taking liquidity below the previous week's low. On the daily timeframe, a long-tailed bar has formed, signaling that bulls are pushing the price higher. Additionally, on the 4H timeframe, another long-tailed bar confirms the buying pressure. A bullish divergence is...

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XAUUSD has broken and closed above the downward channel, signaling a strong bullish trend. As the price approaches the all-time high (ATH) level, there is potential for a pullback as traders may take profits or reassess positions. However, with the current bullish momentum, the market is likely to continue moving higher, even if a slight pullback occurs. If the...

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The market is currently testing a key psychological support level at 193.000 after a period of consolidation following recent bullish momentum. If GBPJPY closes above the 194.000 level, it could indicate continued upward movement, setting the stage for a retest of the resistance zone above this level. Given the recent bullish sentiment, a clear break and close...

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With no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the...

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The market broke through the 1.1000 round number following the negative NFP data for EURUSD, pushing the price below the September low. There's a strong possibility it could retest the next round number at 1.0900. The weekly candle reflects growing bearish momentum, and zooming out reveals that this level has historically acted as a key support multiple times. If...

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Last week, BTCUSDT bounced off resistance and dipped to retest the psychological support level at 60,000. After the retest, the price rebounded and broke above the 62,500 level, which had been tested and respected five times in the past. The recent bullish candle further underscores the strength of this level, breaking through it with momentum. On the daily...

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USDCAD has been steadily climbing since the start of October, with nine consecutive bullish days. The price has now reached significant levels on both the weekly and daily timeframes. However, as it nears the resistance area, the candles are shrinking, signaling a potential loss of momentum. Zooming out, it's evident that the price has dropped from the 1.38500...

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SHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before initiating an upward impulse move. The most recent swing upward was stronger than the previous one, signaling a potential increase in bullish momentum. Growing expectations of a possible bull run could act...

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TONUSDT bounced off the psychological level at 6.00 and is now heading toward the support level near 5.00. A significant bullish divergence has formed on the 1H timeframe, increasing the likelihood of a bounce off the support level and the downward trendline. The market may enter an accumulation phase between the 6 and 5 levels. With bearish momentum fading, the...

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The GBPUSD is currently in a consolidation zone after reaching a resistance area. While the market remains in a bullish trend on the daily timeframe, indicating ongoing demand pushing prices higher, the recent break of the upward trendline suggests a temporary pause in bullish momentum. This break hints at a possible slowdown as the market consolidates, preparing...

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Since the launch of the platform for meme coins, the Tron network has garnered significant attention in the crypto space. The price action of TRXUSDT looks promising, characterized by a smooth formation of higher highs and higher closes. Recently, the market pulled back from the resistance zone and is now testing the support level at 0.1525, which has been...

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EURUSD has sharply declined following news of escalating tensions in the Middle East, which triggered a surge in the DXY, pushing down other currency pairs. The market formed a double top at the resistance level and failed to close above it. Currently, it is heading toward the bottom of the range. Zooming out, you'll notice the price action has been oscillating...

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BTCUSDT continues its downward trend, with a noticeable lack of buying pressure since late August. The price action has been characterized by consistent lower lows and lower closes. Even on the daily chart, we see this pattern persisting, despite a recent false breakout below the July low, with the price hovering near that level again. Historically, September...

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DOGSUSDT has experienced a sharp decline, dropping almost 50% from its all-time high (ATH), potentially presenting a discounted buying opportunity. However, recent price action shows it has broken and closed below the key psychological level of 0.001, signaling weakening bullish momentum. The price is now testing the 0.0009 support level, which is crucial as the...