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Supply and Demand

NZDUSD: New Low After Breakout 🇳🇿🇺🇸 Quick update for NZDUSD: the pair has recently violated a key daily horizontal support. After a breakout, the market nicely retested the broken structure and started to fall from that. With the yesterday's bearish movement, the price managed to set a new Lower Low. It is an important sign of strength of the sellers. I believe that the pair has a good potential to drop even lower. Next support - 0.599 ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
1
2 buying scenarios for XAUUSDIn the chart, I have drawn two price scenarios for XAUUSD. Please note that if the price does not move in the direction of the scenario and crosses the price range of $2,740, the scenarios will be canceled and I will publish new scenarios in my profile. Scenario 1: The low liquidity price of the indusment will collect "$2,705" and then continue its ascent, the price target of this scenario will be $2,740. Scenario 2: Give a low price of indusment close and react to the first demand, the price target of this scenario will be $2,740.
OANDA:XAUUSDLong
by mhbaniasadi
Trade Idea for BTCUSDMy sentiment about BTCUSD is firmly bullish. I plan to utilize probabilities to strategically position myself into long positions. This approach allows me to leverage statistical analysis and market behavior to enhance my trading decisions. Several key fundamentals are currently influencing the market in a direction that aligns with my bullish bias on BTCUSD: Institutional Adoption: There has been a notable increase in institutional interest in Bitcoin, with major firms investing heavily. This trend suggests growing confidence in Bitcoin as a long-term asset. Economic Uncertainty: Global economic conditions remain volatile, leading many investors to seek alternative assets like Bitcoin as a hedge against inflation and currency devaluation. Technological Advancements: Innovations in blockchain technology and increased acceptance of cryptocurrencies for transactions are contributing to a more robust ecosystem, enhancing Bitcoin's utility and attractiveness. Conclusion In summary, my bullish stance on BTCUSD is supported by both statistical probabilities and current global fundamentals. By strategically using probabilities, I aim to position myself advantageously in the market. This method not only enhances my trading strategy but also aligns with broader economic trends that favor the growth of Bitcoin. Let’s dive into the top-down analysis together! Your thoughts and feedback are always welcome! 1D: Hourly Timeframes: If you found this analysis useful, please boost and comment! Your support helps us all grow!
COINBASE:BTCUSDLong
by Jasminex1x2
2
XAU/USD 22 Ocotober 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remain unchanged from yesterday's analysis dated 20 October 2024. Price has printed both a bullish iBOS and a subsequent BOS. Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge. The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs). Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line. At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Yesterday's intraday expectation was met, with price targeting weak internal high. However, internal structure bullish momentum was not sustained, as price printed an iBOS. This was expected, given that all higher timeframes (HTFs) are in need of a pullback. Price has reacted from M15 supply level. Intraday Expectation: Price is expected to target weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Oct.15-Oct.21(ETH)Weekly market recapThe CME interest rate swap market predicts that the FOMC will likely cut rates by 25 basis points in November. This means that after a 50 basis point cut, the Federal Reserve will loosen its monetary policy. This is not favorable for risk assets, including BTC. In the past two weeks, BTC ETFs have seen significant net inflows, indicating that after the shift in monetary policy, funds are gradually flowing into the cryptocurrency market. This is a large-scale trend. BTC is rapidly approaching its all-time high (ATH). However, the pricing in the interest rate market for a November rate cut may lead to some degree of correction for BTC. Additionally, the U.S. presidential election will take place in early November. While Harris has expressed support for cryptocurrencies, Trump is undoubtedly the biggest supporter for the sector. The importance of the U.S. election for BTC is increasing. Led by BTC, ETH rose last week, but the overall increase was not strong, and Monday’s pullback has covered most of the gains. The WTA indicator shows blue bars representing whales. However, the ME indicator is still in a bearish trend. In summary, we believe ETH may experience a decline this week. We maintain the original resistance level at 2800 and raise the support level to 2200. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
COINBASE:ETHUSD
by Sypool