Sideway
Euro will decrease after breaking the 1.08031 thresholdThe Euro is predicted to encounter resistance levels early at its highest point of 1.0981, followed by 1.0936.
However, looking at the chart, it is observed that the EMA 34 has crossed below the EMA 89, indicating a downward trend in the Euro and the likelihood of breaking through the support zone at 1.08031 and heading straight downward.
How is the gold market performing today?From a technical standpoint, the price of gold has experienced a period of stability and upward movement over the past two weeks. This indicates that the price oscillation range is still holding within the area of resistance turned support, with prospects for a breakout to the upside.
On the other hand, recent downward adjustments have found support around the $2,173 region, before the range of $2,164-2,163. Next is around the $2,146 mark, where a breach could potentially trigger strong selling activity in gold.
BTCUSDT : SIDEWAY
"Hello BTCUSDT Traders,
Today, Bitcoin is carving out a resistance level at the $52,000 USD/BTC mark amid the latest U.S. macroeconomic data falling short of expectations. According to analyses from TradingView, BTC's price action has stagnated during the last week's trading session and into the start of this week, showcasing a sideways movement.
For this week, I anticipate BTCUSDT to continue navigating within a defined range, with resistance at $52,800 and support around $50,500. What are your thoughts on this outlook?"
BTCUSDT Hello dear friends, what do you think about BTCUSDT!
Today continues to be a peaceful day for BTC as it still moves with a sideways trend and seems unchanged in price compared to yesterday.
It is currently accumulating around nearly 43,000 USD to prepare for a new breakthrough. Any break of support or resistance could accelerate a new trend for BTCUSDT.
And you, what do you think about BTCUSDT?
Gold continued to decline on the first day of the weekHello dear friends!
The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day.
Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines.
Resistance level: 2045 USD Support level: 2030 USD.
GOLD held his breath waiting for newsHello dear friends !
Gold price today is trading around 2040 USD and has not changed much compared to yesterday. Up to now, the main trend of gold is still down with sideways in the short and medium term with resistance level 2050 USD and support level 2030 USD.
At the end of the day when non-farm payrolls are announced, gold is likely to fluctuate more quickly like other weekends.
-In case the news continues to support the USD, gold will break the support level and drop quickly to 2015 USD.
- In the second case, the resistance level is broken by the buyers and gold will have a chance to reach the peak of 2065 USD.
And you, which direction do you think gold will move in? Let's wait with Karina!
USOIL-USD: POSSIBLE TRADING PLANS IN A NON-TRENDING MARKETUSOIL-USD is moving sideways in a non-trending market. In this technical analysis , two trade plans are suggested in case of bullish or bearish movement of this commodity instrument over one hour time frame. Both Long and Short Trade plans are generated from the various Support and Resistance Levels of USOIL-USD pair.
Matic: New ATHs?I think Matic needs a little rest and it's hard to keep up.
Polygon's next move is related to BTC: If Bitcoin does not breash, I'm almost certain that we will see new ATHs, and that will be exciting :)
EURUSD (H4) - Finding opportunity
EURUSD has been moving within the Sideway range of 1.16173-1.16642 since Oct 19
Located at the key support of the range at 1.16173-1.16242
Relative Strength Index tends to drop below 50 but the H4 candle is not over yet
In case of a sharp drop, the pair will go up to 1.15784
In case of recovery, the pair will drop to 1.16567.
The next trend of Gold H1 time frame.
Structure: Sideway.
After the price surged and broke the sideway structure at 1804, there was no confirmation of the uptrend but the price retraced deeply to the 61.8 zone of the up move.
Back to the Sideway zone and there is no clear confirmation of the current trend.
Need to wait for another break out of the sideway and retest to confirm the trend to be able to trade with XAUUSD.
Two resistance levels to watch out for when price breaks are resistance 1809 and support 1780.
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Wish you all have a good trading day!
BNB: Buying ZoneBNB seems to be going sideway/ slightly uptrend between 405-440. It failed to break above EMA100 so that is still our resistance for now (but once broken the uptrend will be strong). Most recent prices are above EMA30 which is a confirmation of the uptrend, in addition to higher highs/ lows.
I would wait for MFI to be below 25 and place my long entry as long as price are still in the “blue zone”. My tp would be 440 and sl at 404.
((Not a financial advice, use at your own risk))
Wait for confirmation of Price Action to execute buy orderH4 Time Frame
Structure: Breakout Sideway from 1790 to 1820.
Bias: Upside.
Wait for retest support 1820 and confirmation of Price Action to execute buy order.
Target is next resistance at 1850-1860.
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Wish you all have a good trading day!
BTCUSDT Price Analysis (4h)The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle pattern to break. (Horizontal white lines are drawn based on Price Action and we can wait for the price reaction to them) . BINANCE:BTCUSDT
A sleeping GemNice FA stock ,stock pricing after going up and sideway on top 200 week. some one is collecting the tiket or waiting for the company good news to push futher.Nothing to say much since it was a side way counter , will monitor it closely since above 200 week, anything may happen. Stay tune
FCPO TRADING : 220) still on persistent uptrendthis is haidojo and the number is 220 ...
today is the first day of fcpo-feb and that is not a real drop of 100pts...
it is more like the continuation of last month's price which extended into this month...
so the direction of the trend is still undefined yet...
price might test the previous higher-low at 3160, the rectangular space...
but before that, it needs to fall below 3260 - the previous high first///
which is the level where it turns frm resistance to support...
3350 is now the resistance level and supports are at 3260 and 3160...
*plan your trade and trade your plan... gud luck*
higher resistance : 3414-3450
resistance : 3350
support : 3260
lower support : 3160 (deciding bull/bear)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!