A personal view of the analysis of the US dollar against the Canadian dollar 1. The structure of the trend in the four-hour period is bearish 2. The price has reached the key and psychological support level of the market at 1.3588 3. Area 1.3664 attracting remaining sell orders 4. Expect a downward movement to the key support of 1.3588
Personal view: The triangle pattern From the point of view of buyers, in case of key support of 1.2601, the price is expected to move upwards towards the resistance targets of 1.269 and 1.274. From the point of view of the sellers, if the key support of 1.2601 is broken, downward movement will be directed towards the support targets of 1.2562 and 1.2512
Personal opinion: A break of the downtrend line and inability to reverse the downtrend with confirmation of support at 1.36537 is bullish in the short term.
FX:EURGBP From the point of view of the sellers, due to the weakness in upward movement and failure to break the downward trend line drawn in the short term, the price of the euro will decrease against the British pound. Key support: 0.83926
Which side is your point of view? FX:EURGBP From the point of view of buyers, the price has reached the downward trend line, and in case of failure, the euro price will continue to rise to the key resistance of 0.8528. From the point of view of the sellers, the failure of the partial support of 0.8425 continues the downward trend of the euro price to the key...
FX:EURUSD The structure of the euro trend against the US dollar in the four-hour time frame is bearish. In the short term, the price will be corrected, and in the medium term, the price will continue to fall. Waiting for the return of the price trend Support level: 1.071 1.068 1.066 1.065
FX:USDJPY Analysis: After breaking the ascending channel, the price failed to approach the 153.50 support and reacted in the 154.99 range. In the short and medium term, we should see the upward trend of the price and the strengthening of the US dollar against the Japanese yen.
FX:EURUSD From the point of view of buyers, as long as the high support price is at 1.794, the euro price trend is upward in the short term. If the resistance of 1.08957 is broken, we will see the revival of the upward trend in the medium term
FX:EURUSD The price of the euro against the US dollar is in the condition of price correction. In the short term, after the correction is over, the price will continue to rise First support: 1.08062 First resistance: 1.08860 Second resistance: 1.09252 Third resistance: 1.09658
FX:GBPUSD Technical analysis: the price has contacted the support level of 1.2690 three times, from the view of sellers, if the support of 1.2690 is broken, the downward movement will start from the supply area of 1.2726. From the point of view of buyers, breaking the resistance of 1.2752 and starting the upward movement to the resistance of 1.2787
BINANCE:DOTUSDT Polkadat price formed the price floor of 5.70 and broke the supply area of 6.87 and the price MACD is above zero. From the point of view of buyers, breaking the resistance of 7.50 can start an upward trend in the short term until the next resistance of 8.83. For sellers, the 6.87 low could trigger a bearish move towards the 5.70 support.
BINANCE:FILUSDT Analysis of the four-hour time frame: For buyers, a break of the 6.178 resistance zone can continue the uptrend to the next resistance zone of 6.579. For sellers, a break of the 5.682 support area could continue the downtrend to the next support area of 4.928.
FX:EURUSD analysis of the four-hour time frame: From the point of view of buyers, breaking the resistance range of 1.0760 can continue the upward trend until the next resistance range of 1.0840. From the point of view of the sellers, the break of the support area of 1.06834 can continue the downward trend until the next support area of 1.0620.
Bitcoin analysis: From the point of view of buyers, if the support of 69,000.0 is confirmed, we will witness an increase in demand and the start of an upward trend in the short and medium term
Bitcoin Analysis: From the point of view of buyers, it is expected that after the correction of the price, the demand will increase in the price range of 67604.96 and in the short and medium term, we will see a change in the upward trend.
As it was said before, with the weakening of the sellers at the psychological level of the market (range 65000.0), there has been a relative return to the supply range of 67000.0 From the point of view of buyers: if the said supply level is broken, we will see an upward trend from the demand of 66000.0 to the supply range of 69000.0 - 69500.0 in the medium...
From the point of view of buyers, if the key level of 73977.84 is broken, the upward movement will continue up to the range of 77581.15-82164.78. From the seller's point of view, if the key level of 73977.84 is not broken, we expect to see another encounter in the medium term in the form of resistance to the support of 60730.35. Note: If the key support of...
Update on the analysis of the EUR-Canada pair: As mentioned earlier, the price has tested the 1.4741 supply area twice and in the short term we should see a bearish trend towards the key support of 1.4655.