By checking the EURUSD chart, we can see that after entering the important demand range of 1.068, the price was accompanied by buying pressure and was able to increase by 130 pips to 1.08120 and fill about 50% of its old FVG! The price is currently trading in the range of 1.077 and I still expect the price to grow to higher levels such as 1.08130, 1.08470 and...
The price perfectly fulfilled my last idea. FX:EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times...
World gold prices increased with spot gold increasing by 20.3 USD to 2,323 USD/ounce. Gold futures last traded at 2,332.8 USD/ounce, up 24.2 USD compared to yesterday morning. The gold market entered the new trading week with solid gains, boosted by the weakening of the USD. The US Dollar Index fell to its lowest level in about a month as a recently released...
I've been away refining my method and have returned to deliver a series of important predictions for the coming weeks. The first is a look at the general market using S&P futures. Here is a summary of this chart: ** 2 key levels (above and below): 5163 was the breakdown level from back in April - a retest of this level for resistance is very bearish, but if...
Gold prices extended the recovery on Tuesday. The yellow metal's rally was supported by a weaker US dollar after recent US Nonfarm Payrolls (NFP) data increased bets that the Federal Reserve will cut interest rates later this year. From a technical standpoint, XAU/USD has made little progress, although the downside acceleration has diminished. The daily chart...
Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!! Thank you for watching Follow me for more crypto analysis
AMEX:SPY May 8 ,2024 15 Minutes. As expected, AMEX:SPY was in sideways. Forming a HH, HL pattern. For the last rise from 514.89 to 518.87 it retraced 61.8% yesterday around 516.5 levels. So, for the day I will buy above 518.6 and sell below 515.6 for a target 513.5 to 514. I expect a move only above 520 at the moment. Need to cross the 519-520...
End of day update from us here at KOG: A quiet day today only allowing the red box scalping strategy to take effect while price ranged and accumulated through the day. Yesterday we said we would like to see this go higher into the 2330-35 region which was close and again was rejected. Our bias level target shared today was 2310 which was hit, with the bias...
I have observed a clear bullish signal on the USDCAD chart following a successful test of an important support level. The price has created an ascending triangle pattern on the 4-hour chart and has broken above its neckline. I anticipate that the price will soon reach levels of 1.3739 and 1.3800.
Previously, The Natural Gas Formed a Bullish Falling Wedge Pattern. On Monday 6 May The Price Broke The Resistance Level (1.973 - 1.893). Currently, This Key Level is Broken and Becomes a New Support Level ! So, I Expect a Bullish Move 📈 --------------- TARGET: 2.140🎯
After 3 Days of Strong price increase Pressure on RSI level , reaching to neckline needs to have some rest on Fibo236
✅ Bitcoin moved as I expected in the previous post . 💡Currently, Bitcoin has reacted well to the 🔴 Resistance zone($65,650-$64,200) 🔴. 🌊According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulse waves and now we have to wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two...
With the overall performance of the USD at the moment, NZDUSD is joining the queen. NZDUSD sell. Goodluck!
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...
As discussed throughout my yesterday's session commentary: "My position: As stated above, my first (original) Selling order is still active (#2,322.80 entry point) with #2,300.80 benchmark as optimal Target. I do expect it to be realized within the session." Technical analysis: Gold bounced back well enough on the #2,310.80 - #2,312.80 first Support level...
Hey everyone, What are your thoughts on whether we should buy or sell BTCUSDT today? After carefully observing the data and analyzing the charts, BTCUSDT appears to be in an accumulation phase and is currently consolidating with the EMA 34, 89. It's expected to continue sideways movement around the current level near the support area and may bounce upwards once...
NVDIA Corporation (NVDA) has been going exactly as planned since our latest update (February 16, see chart below) and looks very promising to hit the 1150 Target: On the shorter term, the 1D time-frame, we see one last buy opportunity arising for those who missed our earlier buy call. Based on the (-21.66%) symmetry of the current correction with that of...
History tells us many things, but this time, the market is different with all the etf, war, government intervention, BTC halving etc. Since we need at least one 50% drop in a bullrun, I'm still not sure what to think: now, or a bit later? If we look at the chart, we only had a 22% drop and thats not enough. Lets see. Bullish short term? Or bearish. Lets see! We're...