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HelenP. I Binance Coin can start to move up to resistance levelHi folks today I'm prepared for you Binance Coin analytics. A short time ago price started to trades inside consolidation, where it first reached resistance 2 and then started to decline to resistance 1, which coincided with the resistance zone. After the price fell to this level, it at once rebounded and rose to one more resistance zone, which coincided with the top part of the consolidation. Then BNB bounced back and some time traded near resistance 1 and later price made a strong impulse up to 271 points, thereby breaking resistance 2. But soon, BNB around down and in a short time declined to resistance 1, breaking the 256 level again. As well soon, the price broke the 238 level too and fell below the resistance zone, but a not long time ago it rose to this zone and now trades near. For my mind, Binance Coin can rise to resistance 1, and try to break it. After the breakout, the price can make a retest, or at once continue to move up without a retest, That's why I set two targets, the first target at the 238 and the second - at the 248 levels. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
GOLD → Beginning of correction, possible test of support OANDA:XAUUSD forms another micro rally on Tuesday. On Wednesday, the price tries to test the high but fails to reach the area amid a strengthening TVC:DXY ahead of the news. Several important news are published today, I am interested in Initial Jobless Claims - as one of the inflation indicators. Analysts expect a slight improvement in this indicator, which may strengthen the dollar in the short term. But as we remember, the last 3 times the data was worse than the previous one. If they are better than expected, gold will show a slight correction and vice versa. From the last FOMC meeting: Fed members are not ready to cut the rate yet, but there is a high probability that they will not raise it again. From a technical analysis point of view: Gold looks quite strong despite the indicators data, we are judging on a fundamental basis. High interest, weakening dollar and geopolitical basis suggest further price growth. The 1984 level still plays an important role for the market. At the moment the price is in the range of 2004-1993-1984. Since today's retest failed to update the high, the price is forming a correction. The market is aiming to test the nearest support. We highlight several most important scenarios regarding the overall situation: The main sense of which is either consolidation or retest of resistance after a small correction. But in the long term, I expect a breakout of the local resistance and the direction of further growth towards the global targets. Support levels: 0.236 fibo, 1993, 0.382 fibo, 1984 Resistance levels: 2000-2004 I am expecting a correction and news data that may determine the short to medium term outlook. I still see gold as an asset that can strengthen its price in the near term. Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
11
BNBUSDT - Price can bounce down from resistance area to $220Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area. After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level. BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level. Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level. Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area. Then Binance Coin can bounce from resistance area and continue to decline to $220 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
USDCHF → A breakout of trend support. Retest is a signal FX:USDCHF is entering the correction phase after a prolonged bullish trend. The trigger is the DXY correction (on the local timeframe).The support at 0.89866 may be broken soon. On the chart, we see a breakout of the support of the ascending price channel. The support tandem consists of the ascending line and 200-SMA, which is a rather strong signal, foreshadowing a medium-term decline. We consider 0.8778 as a target, as there is a strong liquidity accumulation in this area, which may interest the market. The dollar index ( TVC:DXY ) is going down through local support and is preparing to test 105.8 and 105.5 - this movement will affect the forex market accordingly. Support levels: 0.89866, 0.8932 Resistance levels: previously broken trend support, 0.9030. In the long term, I expect a break of the nearest support with the formation of a medium-term decline to the above targets. Regards R. Linda!
Short
by RLinda
18
GOLD → Strong zone retest. Bounce before further growth OANDA:XAUUSD is breaking out and is about to test a key area of liquidity at the moment. What can we expect to see from gold going forward? On the chart I have marked such important levels as 1953 and 1946.7. This is a rather strong resistance area forming a global sideways range. After a long retest, the price is highly likely to fail to break this level the first time and may form a correction to the support. But in the near term, based on fundamental factors and market sentiment, we can assume that the growth will continue after the pullback. In the medium term, the price may test the 2000 area, but we are interested in cheaper zones to start with. Moving averages support the bullish trend. Support levels: 1928 Resistance levels: 1946, 1953 Since we have a strong trend + distribution, this movement may continue, but after the retest of the mentioned resistance area. We will follow the price reaction to the area to make further conclusions COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! CAPITALCOM:US500 TVC:DXY Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
42
🥇 GOLD - Growth will continue after the breakout of 1929On the senior timeframe we see a stop after a strong distribution. This may last until the price breaks the resistance of 1929. At this point, consolidation and a retest of resistance is forming TA on the high timeframe: 1) The bullish trend is strong 2) The area of 1929-1932 stops us from further growth. TA on the low timeframe: 1) Price is consolidating. Growth is formed from the support 1913 2) Retest of resistance can be accompanied by both rebound and breakout. 3) The signal for a rebound will be a false breakout, and the signal for further growth will be a breakout and consolidation above 1929. Key resistance 📈 1929 Key support 📉 1914
OANDA:XAUUSDLong
by Gold-Tech
11
💱 USDJPY - Pending a breakout of resistance USDJPY continues to trade within the upward price channel. Following the dollar index, the currency pair continues to strengthen TA on high timeframe: 1) A resistance retest is being formed. If the global zone is broken through, the price will continue its growth 2) The ascending price channel is formed following the DXY. TA on the low timeframe: 1) Important level 149.65. Consolidation is formed on the background of the level retest 2) No deep pullback. A retest is being formed for a breakout of the level 3) Consolidation above 149.65 will give a buy entry point. Key resistance📈: 149.65, 150.16 Key support📉: 149.300
Long
by Gold-Tech
7
GOLD → Consolidation phase and key boundary OANDA:XAUUSD continues to form consolidation in the range between 1928.8 - 1914.2. In the near future resistance may be tested, the price reaction to this level will determine the future direction of the price Since the price is in the key range of 1928 - 1914, there is a probability of price bounce from the resistance. Further growth may continue after the price goes beyond 1928 - the signal for this will be further consolidation of the price above the level. In periods of geopolitical uncertainty investors rush to safe assets. Gold is a rare bright spot in such turbulent periods.Geopolitical fluctuations are a good reason for investors to look for a safe haven in gold. Despite zero yields, the yellow metal is a preferred asset for money managers who want to wait out scary periods in world affairs. The moving averages are supporting the trend and on the Daily timeframe, price is testing global downside resistance, breaking through which price will get the 2000 mark as a further target Support levels: 1914.2, 1909 Resistance levels: 1928.8 In the long term I expect a retest of the resistance. If the price breaks through and consolidates above the level, gold will head higher. With the formation of a false breakout and price consolidation below the level, the market will give us a correction to support COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY CAPITALCOM:US500 Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
26
SFPUSDT → Pre-break consolidation could send the price upward BINANCE:SFPUSDT after months of forming a sideways range on the background of the global honey trend finally forms a pre-breakdown consolidation against resistance, which may initiate a trend change We are interested in the global pattern "symmetrical triangle" - in fact, it is a range within which the price is gaining liquidity. Above the range, after the first breakout of resistance, the second level - 0.6420 is formed and relative to this level an ascending triangle is formed, which can be interpreted as an attack of dynamic buyers on the limit resistance area. On the background of possible BINANCE:BTCUSD strengthening, SFP can get a good bullish potential when the resistance of the ascending triangle is broken. The moving averages act as trend support. Resistance levels: 0.6420 Support levels: previously broken range resistance In the long term, I expect a breakout of 0.6420 followed by price consolidation above the level, which will form a bullish potential. Regards R. Linda!
Long
by RLinda
8
🥇GOLD - Growth may continue after a pullback GOLD is starting a correction since Monday morning. The pullback reaches one of the local supports and apparently ends. A reversal point is formed and the market resumes the target as 1940 TA on the high timeframe: 1) The unidirectional trend with DXY coincides. THAT tells us that there is a strong fundamental influence on the market 2) The global target is not reached, the growth will continue after overcoming the local resistance zones. TA on low timeframe: 1) False breakdown of local support 1913-1914 2) Consolidation of the price above this area will give us an entry point 3) Target 1935, 1940, 1945 Key resistance📈: 1933 Key support📉: 1913-1914
OANDA:XAUUSDLong
by Gold-Tech
24
GOLD → A counter-trend correction is forming. Panic zone OANDA:XAUUSD has been forming a correction since the opening of the session and has reached the area of 1910. The price enters the panic zone relative to 1914. What should we expect from gold next? The correction on the background of a strong surge of energy and distributive movement should have happened. The market should pull back and gather potential before further upside. The price is testing the 1914.15 area for a breakout. The price is trading in the panic zone, where there are a lot of buyers' bids and sellers' bids are formed. A false break of the level will give us an impulse to 1928.8 and then to 1946. But, if the market consolidates below 1914.15, the correction may continue towards 1905 and 1900, but before further growth. The upward movement in the medium term may continue, for this price will have to overcome 1914, 1928 and 1946, At the moment we are waiting for the price to find support before further growth. Support levels: 1905, 1900, 1895, SMA Resistance levels: 1914, 1928, 1946 In the future I expect the continuation of growth, but only after the end of counter-trend correction COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! CAPITALCOM:US500 TVC:DXY Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
22
EURUSD → Strong $ negatively affects the pair FX:EURUSD on the background of a strong dollar may continue its decline. A flat and support retest is being formed. If the dollar goes up, the currency pair will break the support We observe the formation of a bearish trend. Earlier, the price tried to break the trend resistance and change the market direction, but only managed to form a flat between 1.0635 - 1.05000. The support is being retested on the background of TVC:DXY strengthening. The price will go up at the next retest, which will have a negative impact on EURUSD. There is a possibility that the price may retest the flat resistance or one of the moving averages before further decline. Support levels: 1.05000 Resistance levels: 1.05600, MA50 In the long term I expect a breakout of the support at 1.05000, but it can happen either on a retest or after a pullback. Regards R. Linda!
Short
by RLinda
19
TOMOUSDT → a strong coin in a weak marketBINANCE:TOMOUSDT in a weak cryptocurrency market gives us hints of chic bullish potential. But this will happen under a number of conditions The coin is in a range under the resistance at 1.5480 and under the downtrend line marking the direction of the global trend. The coin after a long consolidation and numerous retests breaks this line and begins to move into the phase of realization of the accumulated potential. On the background of weak BINANCE:BTCUSD (and this is important enough) TOMO forms an active bullish growth to the area of 1.5480, which is a panic zone for sellers. If this resistance is broken through, an increase in volumes will be formed that will start to lift the price, in which case we can catch a rise in price. Medium-term target is 1.9700 and 2.4390. Moving averages on D1 act as support. Resistance levels: 1.5480, 1.6640 Support levels: 1.3300, MA-50 and MA-200 In the future, I expect a continuation of the simplified struggle of buyers with the market, which may lead to a breakthrough of the above resistance and further strengthening of the price to important targets CRYPTOCAP:TOTAL3 CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2 CRYPTOCAP:BTC COINBASE:BTCUSD BINANCE:TOMOUSD a strong coin in a weak market Regards R. Linda!
TLong
by RLinda
17
🥇GOLD - Target 1900. Possible pullback from resistance GOLD is actively strengthening. At the moment the cost is 1890 and this is not the limit for today's session. We are interested in the mentioned resistance, will gold be able to reach it? TA on the high timeframe: 1) Both gold and the dollar are strengthening, but how long will this tandem be accompanied by an overall direction? 2) There is no important news today, but gold is supported by the fundamentals and will continue to rise further TA on the low timeframe: 1) Price has updated the high from 1885 to 1890. Target 1901 2) A pullback from 1900 is likely to follow before further upside. 3) Our task is to find strong support levels so that it is safe for SL to buy. Key resistance📈: 1901 Key support📉: 1885, 1877
OANDA:XAUUSDLong
by Gold-Tech
20
GOLD → The market is targeting 0.618 fibo ($1895) OANDA:XAUUSD is entering the empty range from 1885 to 1915. The only level the market will still be able to interact with, before reaching the 1915 target, is in the 1895 area - a strong liquidity area Today we see a break of the resistance at 1885 after a small retest. A momentum is formed, which tells us about a further target in the form of 1895 resistance, formed back in June 2023. It is worth paying attention to this area, because here is also 0.618 Fibo, which is an important level for the market. Since there are no important areas of resistance and liquidity in the whole range of 1885 - 1915 except this zone, it is here that some struggle on the market may take place and a correction to the support may be formed before further growth. The market now has a strong fundamental component (economic news, crisis and war) - all this increases the interest to the metal, but it should be understood that the market cannot grow all the time, sometimes it will fall (correction). SMA 1H - strong support, and 4H - MA-200 will be tested in the medium term (in the area of 0.618 fibo) Support levels: 1885 Resistance levels: 1895, local ascending line, SMA200 I expect continuation of growth to the mentioned resistance area from which a correction to support may follow before further growth to 1915 OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! CAPITALCOM:US500 TVC:DXY Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
26
EURCAD → A symmetrical triangle can be broken through FX:EURCAD is in consolidation of the "symmetrical triangle" format. When one or another line (resistance or support) is broken, an impulse may be formed This pattern, indicated on the chart, does not have a clear further direction, as it is a consolidation and the price breakout of one of the borders of the figure will determine for us the further direction in the short term. Earlier the resistance of the descending channel was broken, most likely, the imbalance, which the market maker seeks to eliminate, is above the zone 1.4663, but before further growth the market should form a consolidation. Support at 1.4369 or 1.424 may be tested before rising. If the price breaks the resistance at 1.446 soon, further movement will become obvious. Moving averages are pointing to a near-term burst of activity. Support levels: 1.4369 Resistance levels: 1.446 In the long term, I expect growth. But, before the growth there may be a local fall and support retest. A breakthrough of 1.446 will be a buy signal. A breakout of 1.4369 will be a sell signal. Regards R. Linda!
Long
by RLinda
10
GOLD → Strong bullish trend feels no resistance OANDA:XAUUSD does not react to the nuances of technical analysis and is actively growing. But, the growth is accompanied by a consolidation moment, which can become a lever for further rsot. Even against the background of the trend, the price is able to accumulate potential The breakthrough of resistance 1877.6 is formed and the price aspires to the important level for the medium-term perspective - 1885. Most likely, with the current fundamental features, the level will be broken in the near future, but before that a correction or a retest of the support before further growth may follow. There are a number of important news for the US market today. Worth paying attention to: Core CPI, CPI, Initial Jobless Claims. Lately there is more news about inflation stabilization, but it is not enough for the medium and long term. In any case, this is more positive news for the market. For gold, this is a positive nuance as the TVC:DXY will continue on a localized downward course Resistance levels: 1885, rising line Support levels: 1878.6, 1877,6, 1872.7 In the long term, I expect a correction from 1885 and the formation of a retest back to the level for further breakout of the resistance zone COMEX_MINI:MGC1! OANDA:XAGUSD COMEX:GC1! CAPITALCOM:US500 Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
25
🥇GOLD - The bull market is ready to strengthen further GOLD continues its upward path. The price breaks through 1877 and consolidates above the level, which gives the market new upside potential to 1900 TA on the high timeframe: 1) The dollar index is in a falling phase, which gives gold upside potential 2) Gold failed to reach an important target and thus will continue its rise TA on low timeframe: 1) Breakout of 1877 and consolidation above the level gives us a signal 2) Potential for a new high is forming. 3) I am waiting for growth and reaching 1900 in the medium term. Key support📉: 1877 Key resistance📈: 1885, 1890, 1900
OANDA:XAUUSDLong
by Gold-Tech
16
🥇GOLD - Range resistance is the target Gold updates the high to 1874. Yesterday I pointed out the bullish pattern - the market is in the realization phase and gives us a 150pips rise, but we haven't reached the target yet TA on the high timeframe: 1) Strong bullish trend continues. Against the background of the crisis in the world, the interest in gold is only increasing 2) The medium-term target has not been reached yet. The growth will continue TA on the low timeframe: 1) A small pullback may follow before jumping to 1877.7. 2) After reaching 1877.7, I expect a false breakdown followed by a decline, most likely to the support of the mentioned range - 1857. 3) Short-term target is 1877, then 1857. And what will happen next, we will follow the price reaction to these zones. Key resistance📈: 1877.7 Key support📉: 1866, 1857
OANDA:XAUUSDLong
by Gold-Tech
3
💱USDJPY - Symmetrical triangle may continue the price growth USDJPY is forming a pre-breakdown consolidation in the format of a symmetrical triangle. If the resistance of the figure is broken, the price will fly to 149.65 TA on the high timeframe: 1) Strong bullish trend 2) A bullish reaction to the trend support will be formed TA on the low timeframe: 1) Symmetrical triangle - consolidation of potential before its realization 2) on the background of the bullish trend resistance 148.9 may be broken soon, which will form an impulse and further growth to 149.65. 3) I expect growth and continuation of the uptrend Key support📉: 148.6 Key resistance📈: triangle line, 148.9
Long
by Gold-Tech
1
GOLD → The market is aimed at resistance retest OANDA:XAUUSD enters the 1857-1877 range, consolidates above the support and makes a new jump. Yesterday I talked about strong fundamentals, relative to technical analysis and what we see is a breakout of said resistance. Today PPI - one of the inflation indicators is published and at 18:00 GMT FOMC Meeting Minutes - most likely the information trend of previous periods will be preserved. At the same time TVC:DXY is in the phase of correction to the support area, the publication of bullish news for the dollar may resume further growth of the index, which will partly affect the gold. In the nearest future the market may test the resistance of 1877, after which the price may roll back to the support. In the long term, the market may trade inside the sideways range to determine the further scenario, but it should be understood that gold is bought up during the war. In the absence of further escalation of the conflict, the price may decline, but not significantly: the longer-term factor - expectations of the end of the Fed rate hike cycle - is also having an impact. Resistance levels: 1874, 1877.5 Support levels: 1857.7 In the future, I expect a retest of resistance and subsequent rebound with further forging of the sideways range OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAGUSD TVC:DXY CAPITALCOM:US500 Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
47
USDJPY → A retest of trend support. What could go wrong?FX:USDJPY is forming a correction to trend support amid the corrective movement of DXY (Dollar Index). Logically, on an uptrend, support should push price up, but what could go wrong? On the daily timeframe TVC:DXY is forming a correction to an important support, the reaction could be bullish, thus USDJPY will start to form a rise to resistance. At the moment the fundamental part is quite complicated, with the Fed's tough stance, the dollar is forming a correction under the influence of other levers. So, we will start from the technical analysis. The currency pair is heading towards the uptrend support, consolidation near this area is confusing and increases the chances of further support breakout. A sell signal (counter-trend strategy) will be the consolidation of the price below the uptrend support line, after its breakout. And the buy signal (trend strategy) will be a false break of the support line. Resistance levels: 148.9 Support levels: 148,46 The situation is complicated by the fundamentals. From a technical point of view, the price can form a trend growth, but we need to wait for a signal. The setup may break, and in this case the target will be 147.38. Watch the reaction of DXY and USDJPY price to the trend support. Regards R. Linda!
Long
by RLinda
16