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Consolidation

EURUSD → Pending a breakout of resistanceFX:EURUSD is trying to take a chance amid the dollar correction. The price is forming a retest of consolidation resistance for a breakout and further growth After an attempt to break the downtrend resistance, the price moves into consolidation and forms a range of 1.053 - 1.021. Inside this set-up a local channel (consolidation) is formed and the price tests the resistance at 1.038. The market is still trying to confirm the change of trend and get stronger on the background of the dollar correction. The fundamental background is complicated due to the tariff war and economic crisis.... Resistance levels: 1.038, 1.053 Support levels: 1.033, 1.021 A breakthrough of the resistance at 1.038 and price consolidation above this area may trigger further growth within the distribution of the accumulated potential Regards R. Linda!
Long
by RLinda
3
USDCAD → Consolidation before downward distributionFX:USDCAD is stuck in a range (consolidation) between 1.4486 and 1.428. The dollar has been showing negative momentum lately, but with NFP ahead, the data could both reinforce the correction and support the index... All eyes are on today's economic news. If the actual NFP is below the forecast (169K), it will strengthen the expectations of the Fed rate cut. At 15:00 the Fed's monetary policy report will be released, which may clarify the further course of the regulator. If the NFP comes out weak, the dollar may sag and USDCAD may decline. If the data is stronger than expected, the USD will strengthen, which will lift the USDCAD. If the Fed hints at a rate cut, it may weaken the USD, supporting the CAD Resistance levels: 1.4345, 1.4369 Support levels: 1.428 News is uncertainty, as it is impossible to determine the outcome of this situation in advance. Technically, the currency pair looks weak due to the falling dollar. A break of the support at 1.428 may trigger further decline. Regards R. Linda!
Short
by RLinda
1
USDJPY → False break of support gives bulls a chanceFX:USDJPY bumps into support and forms a false breakdown of the lower boundary of the local trend. The dollar is strengthening at this time, which may give a chance for growth of the currency pair. The price stops in the zone of strong support, the fundamental background has been unstable lately and depends more on the USA. Everyone has long forgotten about the growth of interest rates in Japan and follows the economic data from the West. Technically, there are two triggers on the chart, one to buy and one to sell, but since the global and local trend is upward, the preference is to buy. If the currency pair is able to consolidate above 151.9 - 151.95, then in the short and medium term we should expect growth to the targets indicated on the chart. Resistance levels: 151.94, 153.7, 153.97 Support levels: 150.95, 149.52 But, if the dollar continues the correction and the bulls fail to realize the false support breakdown, the price return to 150.95 may provoke the support breakout and fall to 148.64. Regards R. Linda!
Long
by RLinda
24
GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth. Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy. Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers. At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo. Resistance levels: 2910, 2929 Support levels: 2898, 2882, 2870 Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal. Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant. Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone. SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance. Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term. Resistance levels: 203, 200 Support levels: 188, trend Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market. Regards R. Linda!
Long
by RLinda
5
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000. Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum. Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline. Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882. Resistance levels: 2900 (not confirmed) Support levels: 2882, 2870, 2855 The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible. On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective Briefly, here's what's going on: Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ... Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss. Support levels: 95.8 (trigger), 91300, 90K Resistance levels: 100.2, 102.67 Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow. At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
40
Market in Consolidation, The Calm Before the Next Big MoveThe market is currently in a sideways consolidation phase, showing a lack of significant movement across altcoins. This is a natural occurrence following an impulsive move, where price action stabilizes before the next major breakout. Such phases often lead to a period of uncertainty as traders wait for a clear directional move. After a strong price movement, it is common for the market to go into sideways consolidation before deciding its next direction. Right now, almost every altcoin is forming a symmetrical triangle pattern, which suggests that buying and selling pressures are balancing out. This pattern typically acts as a precursor to a major breakout, either upward or downward, depending on market sentiment and external factors. During this phase, it is crucial to exercise patience and avoid making impulsive trades. The best strategy is to wait for confirmation of a breakout before entering the market. A decisive break above or below the current range will provide clarity on the next significant move. Traders should closely monitor key support and resistance levels to position themselves effectively. Historically, prolonged periods of consolidation lead to strong moves in either direction. The longer the market remains in this phase, the more powerful the eventual breakout is likely to be. Being prepared and having a well-defined trading plan will be essential in capitalizing on the next market movement.
CRYPTOCAP:OTHERS
by wolfchemist
OMUSDT → Consolidation in a triangle before the rallyBINANCE:OMUSDT is a paranormal coin in this case, as it is one of the few projects that shows bullish dynamics while all altcoins are finding bottom after bottom. Perhaps the situation partly depends on BINANCE:BTCUSD . If it starts to fall even deeper, nothing and no one will help here. But locally bitcoin is forming a resistance breakout and if the bulls hold this trend, the BINANCE:OMUSDT.P coin may have a bullish driver that can support the bullish movement. At the moment, the focus is on the triangle (wedge) resistance and the base of the 5.6756 pattern. Two bullish scenarios should be considered: Growth after a resistance breakout or growth after a false breakdown of support. Resistance levels: 5.9821, 6.30 Support levels: 5.75, 5.6756 At the moment, a consolidation within the triangle boundaries is being formed. But when the resistance is broken, the market may move to the realization phase and the impulse may be quite sharp. Ahead, beyond 6.3, there is no resistance... Regards R. Linda!
Long
by RLinda
16
GOLD → Price enters buying zone ahead of NonFarmsFX:XAUUSD resumes gains Friday after brief pause, retesting liquidity accumulation support, but traders cautious ahead of US NFP release NFP decline may support gold - if the actual NFP comes in below forecast (169K), it will reinforce expectations of an imminent Fed rate cut. Weaker labor market → pressure on the dollar → gold rises. Fed and policy: At 15:00, the Fed's monetary policy report will be released, which could clarify the regulator's future course. If signaling easing → gold up. If there will be hawkish notes → pressure on XAUUSD, but we should also take into account Trump's policy on economic risks Conclusion on XAUUSD: In the medium term there is every chance to reach $3,000, locally it all depends on the news: weak NFP and lack of wage growth could send gold above $2,900. If the data turns out to be strong → a downward correction is possible Resistance levels: 2870, 2882 Support levels: 2858, 2848 Technically, the focus is on the 2870 resistance. If the price can break this resistance and consolidate above, this maneuver will open the way to further upside. I do not rule out a retest of the channel boundary or 2858 before further upside. Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
GOLD → Correction for accumulation of potentialFX:XAUUSD is growing during the week. The asset enjoys interest on the background of economic risks and dollar correction. After a small correction, the train may move north again Markets are watching the US-China trade talks, easing fears of a global trade war, as well as Trump's initiatives on the Middle East, weakening demand for the USD as a safe-haven asset. In addition, a rising yen is pressuring the USD, supporting gold. Investors' focus is on Friday's NFP data, which could influence the Fed's next steps. Attention is also paid to weekly jobless claims and Fed comments. The market is quite aggressive on any drastic action by Trump as this assessment is correlated relative to global risks Technically, the price is correcting to accumulate liquidity and potential for possible upside. Below are quite strong support areas that could push the price back. Support levels: 2845-2850, 2830 Resistance levels: 2860, 2872, 2882 As part of the correction in the uptrend, the price may test 0.5-0.7 Fibo as well as the previously broken resistance of the ascending channel. There are no technical and fundamental reasons to break the trend, the growth may continue after a false breakdown. Regards R. Linda!
FX:XAUUSDLong
by RLinda
23
GOLD: Correction for potential accumulation.is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again. Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a safe-haven asset. Furthermore, a rising yen puts pressure on the US dollar, which supports gold. Investors are focused on Friday's NFP report, which may influence the Fed's future measures. Weekly jobless claims and Federal Reserve statements are also monitored. The market is quite aggressive on any radical action by Trump because this evaluation is tied to global concerns. Technically, the price is correcting to gather liquidity and potential for future gains. Below are some strong support levels that could send the price back. Support levels: 2845-2850 and 2830. Resistance levels: 2860, 2872, and 2882. Trade Active Gold is testing the previously defined support zone. The accent is on 2845-2840. If the bulls keep the defense above this zone, it is worth waiting for gains in the short-term. As part of the upward corrective, the price may test the 0.5-0.7 Fibo level, as well as the previously broken ascending channel barrier. There are no technical or fundamental grounds to break the trend; growth may continue despite a fake collapse. By Nexus Trades Zone
FX:XAUUSDLong
by NexusTradesZone
XAUUSD GOLD ⇒ Sellers interested in retesting gold.Hello, Traders! As we all know, this week gold made ATH with a red candle and also did a retest to 2799, but this retest is not enough for the continuation of the bullish trend. Here I have presented my analysis regarding gold. Currently, gold is trading at 2799 at the gold support level, as the new week begins in three hours, so gold can do a gap down opening with a strong volume candle, and we can see 2774 in gold because gold is in a strong bullish trend, so it should touch 2774, which is the golden zone of fib to continue its bullish trend. Support Level: 2758 – 2767 Resistance Level: 2815 – 2819 Fib Golden Zone: 2773 – 2763. Liquidity Zone: 2730 (strong low) Because gold is trading in an ascending channel, our aim would be the ascending trendline, but our entry point should be the golden zone of fib. Do not enter at ATH because it is the initial technical analysis, thus our buy entry is quite dangerous, so we will wait for a retest. For now, we can take sell trades for scalping, but always utilize SL because SL is better than liquidation, thus I'm in for sell until 2763. If you enjoy my analysis Please support my concept and follow me for more analysis. Have a wonderful day, thank you!
FX:XAUUSDShort
by NexusTradesZone
GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction. Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts. Resistance levels: 2817, 2830 Support levels: 2811, 2801, 2790 If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas. Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that. Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening. Resistance levels: 0.26800, 0.35120 Support levels: 0.21420, 0.1500 For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another. Regards R. Linda!
Long
by RLinda
2
GOLD → The trend is not broken, gold could go even higherFX:XAUUSD continues to strengthen after a small correction. There is a zone of interest ahead and the price may form a correction to the support before it starts to storm ATH Gold is rising due to the growing risks on the background of the tariff war started by Trump. Despite the risks posed by the US residents as well, he is willing to continue to do so. In addition, his comment about the Fed, “The Fed made the right decision last week to hold off on cutting rates” gave aggressive support to the dollar, but that didn't break gold, which is heading for the highs. The trend is not broken and interest in the metal due to growing risks is also growing. The focus is on US and Chinese economic data as well as Fed statements. Technically, the support in the form of the previous ATH - 2790 plays a key role and gold may test this area once again before continuing its growth. But, in the short term, it is worth keeping an eye on 2800. Support levels: 2795, 2790 Resistance levels: 2802, 2808 There may be a small correction from 2802 or from 0.7-0.79 fibo before the price decides to storm this area again to consolidate above the support before rising further. Regards R. Linda!
FX:XAUUSDLong
by RLinda
12
USDCHF → The bullish trend may get its continuationFX:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar... The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects. Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93. Resistance levels: 0.911 Support levels: 0.90555 Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911 Regards R. Linda!
Long
by RLinda
2
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement.... On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP. Technically, the strongest moves occur after false breakouts. Resistance levels: 1.24887 Support levels: 1.2414, 2.2377 A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224 Regards R. Linda!
Short
by RLinda
2
GOLD → Sellers taking interest for retesting in goldHello Traders! As we all know that last week gold has made ATH with red candle and also did a retest to 2799 but this retest is not enough for continuation of bullish trend here i have shared my analysis about gold Currently gold is trading on 2799 at gold support level as next week is going to start in 3 hours so gold can do a gap down opening with strong volume candle and we can see 2774 in gold because gold is in strong bullish trend so it should touch 2774 which is golden zone of fib to continue its bullish trend. Support Level: 2758-2767 Resistance Level: 2815-2819 Fib Golden Zone: 2773-2763 Liquidity Zone: 2730 (also strong low) As gold is trading in a ascending channel so our target would be the trendline of ascending trendline but our entry should be at golden zone of fib. Do not take entry at ATH that is the first of technical analysis so here our entry for buy would be very risky so we will wait for retest. For Now we can take sell trade for scalping but always use SL because SL is better than liquidation so i am in for sell till 2763 If you like my analysis kindly boost my idea and follow me for more analysis Analysis By: PIPsOptimizer Have a nice day thank you!
FX:XAUUSDShort
by PIPsOptimizer
XAUUSD → Since the trend is still intact, gold may rise evekeeps getting stronger following a minor adjustment. A zone of interest is ahead, and before the price begins to storm the ATH, it can correct to the support. The escalating risks associated with Trump's tariff battle are driving up the price of gold. He is prepared to keep doing so in spite of the dangers that the US citizens also present. The dollar also received strong support from his statement regarding the Fed, "The Fed made the right decision last week to hold off on cutting rates," while gold, which is on its way to the highs, was unaffected. The tendency is continuing, and as the risks associated with the metal increase, so does interest in it. The Fed announcement and US and Chinese economic data are the main topics. Technically, the preceding ATH-2790 serves as a crucial support, and gold may test this region once more before extending its upward trajectory. However, it is worthwhile to monitor 2800 in the near future. Support levels - 2795, 2790 Resistance levels - 2802, 2808 Before the price decides to attack this level once more to consolidate above the support before rising further, there can be a slight correction from 2802 or from the 0.7-0.79 fibo.
FX:XAUUSDLong
by NexusTradesZone
HelenP. I Bitcoin will repeat move up and then continue to fallHi folks today I'm prepared for you Bitcoin analytics. This chart shows how the price rose from the resistance level, which coincided with the resistance zone, after which it dropped to the support level, breaking the 103600 level. Also then the price started to trades inside consolidation, where it some time traded near the support level and then rose to almost the resistance level. Then BTC turned around and fell back and even declined to support zone. After this movement, Bitcoin made a strong impulse up to the resistance zone, thereby exiting from consolidation and breaking the 103600 level. Next, the price reached the trend line and then started to decline near this line. Soon, the price broke this line and then broke the resistance level, after which declined below the trend line, but later backed up. After this move, BTC turned around and rebounded from the resistance zone to the support zone, finally breaking the resistance level with the trend line, but a not long time ago BTC rose higher than the trend line. Now it trades close and I expect that BTCUSDT will repeat move up and then continue to decline, and even break the support level and fall to the trend line. That's why I set my goal at 90400 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
USDJPY → Trump crashes the market, dollar ralliesFX:USDJPY breaks downtrend structure. Monday started unexpectedly for traders with Trump's actions, which gutted localized situations not only in the forex... The imposition of tariffs, another batch of statements about the Eurozone, BRICS, and also this: “Trump said that the Fed made the right decision last week to suspend rate cuts” produced a corresponding reaction in the market. On the back of inflation expectations, the dollar is accelerating its growth, thus provoking a rally in USDJPY. Technically, the focus is on the resistance at 155.95 and the support of the previously broken channel, which can be tested before further growth. Resistance levels: 155.95, 156.6 Support levels: 155.0, 153.6 The price is trying to consolidate in the buying zone, but the resistance at 155.95 is holding the price back from active strengthening. Breakdown and consolidation of the price above this area may provoke growth to the trend resistance. Regards R. Linda!
Long
by RLinda
6