The inflation data sinks the EUR/USD, with support at 1.087 The inflation data from the United States has had consequences in the financial markets. The EUR/USD has depreciated by -0.67% on Thursday, March 14th.
Global stock markets were heading for a tepid end of the week after seven weeks of gains, and the dollar remained strong following higher-than-expected U.S. inflation, which impacted expectations about the Federal Reserve's timing and frequency of interest rate cuts.
The euro extended its decline from the previous day, reaching $1.087, after hitting a two-month high of $1.0980 a week ago.
What will happen with the EUR/USD next week?
Currently, the pair is trading at 1.089, showing green on the daily chart and above the support level at 1.087. As long as the bulls hold this support level, we can expect them to attempt to push the price toward the resistance at 1.112 (the high from December 28, 2023). However, bearish pressure could push the pair back. Other important support levels include:
1.087 (38.2% Fibonacci)
1.079 (200-day moving average)
1.066 (50% Fibonacci)
**THIS IS NOT INVESTMENT ADVICE AND SHOULD NOT BE TAKEN AS SUCH. EACH INDIVIDUAL IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC.**
Traders
SasanSeifi 💁♂ Can It Reach New Highs?
Hey everyone, I'd love to share some insights on the AXS chart! As you can see in the chart, the price of KUCOIN:AXSUSDT after a significant demand in the $4 range, broke the long-term downtrend line and experienced remarkable growth, reaching the $11 range. Now, after the correction and completion of the pullback process from the $7 range, we are witnessing positive fluctuations in the price again.
In the long term, it is expected that the price will continue to grow to the $11 target and the $14 liquidity range, and we will see a new price ceiling. To better understand the continuation of the movement trend, we should pay attention to the price reaction in the $11 and $14 ranges.
If the price breaks above $14, there is a possibility that the uptrend will continue to higher levels. Additionally, if the price breaks below the $7 range and stabilizes, there is a possibility of further correction. The probable trend is shown in the above image.
Please share your thoughts and insights in the comments below! I'd love to hear your take on the AXS chart.🙌🧐
This is not financial advice. Always do your research before making any investment decisions.✌
SasanSeifi 💁♂ALICE ⏩ $3/$4 /$6.50 Hi there!
As you can see in the chart, after a nearly two-year downtrend, the price of the ALICE cryptocurrency has experienced a slight uptrend from the $0.60 range to $1.50. Following this growth, the price pulled back to the $1 level and resumed its uptrend, currently trading around $2. In the long term, there is a possibility of further growth for this currency.
If the $1.50 level is maintained, we can consider a scenario where the price rises to the $3 and $4 liquidity zones. We can then expect a negative reaction from the desired areas. If the price continues to rise, we need to see how it reacts to these areas to better understand the continuation of the trend. The possible trend is also shown in the image above.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!☺✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌🙌
SasanSeifi 💁♂ Potential Long-Term Growth $2.70 and $3.50?Hi there! 😊
As you can see in the chart, the price of GTC has faced a range after a long-term downtrend and has experienced a slight growth after breaking the downtrend line. Currently, the price is trading in the range of $1.97.
The scenario that we can consider in the long term is that the price will increase to the liquidity ranges of $2.70 and $3.50. Then, after a minor correction and pullback, the price is expected to rise again to the supply zone in the long term, which is in the range of $4.50 to $5.00.
To better understand the continuation of the price movement, we need to see how the price reacts to the liquidity ranges of $2.70 and $3.50. The important support levels are $1.60 and $1.20. The possible long-term trend of GTC is shown in the above image.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!☺✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌🙌
GBP/JPY Looking an MMBM In this analysis i am looking for an MMBM after the Daily Re-Delivered Rebalanced PD Array(Inter Range Liquidity) has been completed, thus finishing the MMSM. Now the main thing is to refine the entry point so that we are not poorly positioned to seek a higher RR until the next Buyside Liquidity(External Range Liquidity).
All analysis was done based on ICT concepts.
SasanSeifi 💁♂ A Long-Term Bullish OutlookHey everyone,
I'm looking at the long-term 3-day time frame for CROUSDT. As you can see, the price has grown by approximately 150% from the bottom of 0.050. It's currently ranging at 0.092.
I expect the price to continue to rise, after ranging or correcting, if the pullback process is completed. In the long term, it could reach the liquidity range of 0.12 and the supply zone of 0.17.
If it corrects, we will need to see how it reacts to the 0.065/0.060 levels to better understand the direction of the trend.
What do you think?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
SasanSeifi 💁♂Uptrend Continues, Eyes on $0.81 and $1 Targets
As you can see in the chart, the price of STG has been on an upward trend since starting from the 0.38 cents range in the 4-day long-term time frame. After some minor fluctuations, the price has again started to rise from the 0.50 cents demand zone and is currently trading at 0.70 cents. In the long term, we expect to see price growth in the 0.81 and 1-dollar liquidity zones. We also expect a new HIGH above the 0.70 cents range.
This is not financial advice. Always do your research before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
The Market Behaviour on different market sessionAsia market session makes compression price, and the next session when UK session is expecting to manipulate the market. The last session US session is expected market to do the distribution/direction. The price is on the strong supply area waiting for the price to break resistance before or do the rejection on the supply zone.
Long DOT to 9.60 - 23%+ Profit PotentialAnother trade I've taken today is here on DOT. Once again, my proprietary blend of custom indicators are all flashing green. Reinforcing the bullish signal is, of course, good volume support on the underside of price along with all SMAs (50,100,200). RSI is hot but not in overbought territory as, it would seem, everything else is. I can see us double-topping before any sort of pull-back. I'm in at 7.77 and targeting 9.60. My SL is at 6.86 with a RRR of 2-to-1. Potential gains here top 23% to our final target.
Why we should not be trapped in the current situation.Essential and robust reasons for a bullish move:
1-RATE CUTS are coming soon! Everyone knows it, but big players want you to be a SELLER! ( THEY BUY).
2. The COT date confirms this! (Commercials are BUYERS! While non-commercials (poor trapped traders) are sellers).
3. Many strong support lines, levels, and patterns push the price up. ( Head and shoulder, two strong trend lines).
4. New US statistics are now revealing the negative situation in the USA after all those strange and positive data during January.
www.tradingster.com
SasanSeifi 💁♂ Two Possible Scenarios for the 4-Hour TimeframeIn the 4-hour timeframe, as you can see, after correcting from the 1.11 range, the price is in a range of 1.095. Based on the behavior of the candles, the possibility of correcting the price to the range of 1.084 / 1.080 can be considered.
A scenario that we can consider in the 4-hour timeframe is that the price will be accompanied by a correction to the price range of 1.090 after ranging and confirmation. Then, if there is a pullback, it will again face more correction to the FAIR VALUE GAP and the order block range.
Also, another scenario that can be considered is as follows: After ranging and partial positive fluctuations from the price ranges of 1.10 / 1.10400, after collecting liquidity and confirmation, we will see the price rejected and corrected. In case of positive fluctuations, to better understand the continuation of the movement trend, we must see how the price reacts to the resistance ranges.
Potential trends and support and resistance ranges are also shown in the image above, respectively.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
sell eurusd now!!!!?hey what's up? im MSNP so today we want to analysis EURUSD chart.
FX:EURUSD we are in a trading range.
and now we broke a rising wedge or channel to down.
we below EMA and if if today candle could close like a pin bar or a good outside BO bar sell signal active.
targets are on the chart.
don't forget risk management.
hope to have good trade
NVDA SHORT/PUT OPPORTUNITY ( JAN 28 UPDATE )Posted the short trade on NVDA on the 26th of January. NVDA has moved down 12$ since our post and we have not taken profits. Expecting a move down to 500 level the month of february
Stay tuned for more posts from us.
Check out our previous predictions. Our algos catch the markets before the move
DOGE ANALYZE FOR SELL 45MINHello dear traders
In Dogecoin currency, the price has reached the resistance range due to being in a downward trend after its price correction.
This resistance zone can decrease the price due to the presence of necessary liquidity.
The loss limit should be above the dotted line indicated on the chart, and for the entry point in the resistance zone, enter wherever it suits your style.
Thank you for your support