Districtfx

02:33

Districtfx

Opting Out of Trading is a Decision: While we anticipate a breakthrough in this consolidation zone where the current price resides, which is currently at the lower end compared to December, in a sideways or accumulation phase, as some may term it, recent observations indicate reduced market activity within this range. Hence, I've decided to refrain from trading...

10:47

Districtfx

When analyzing gold versus the dollar, it's evident that we're currently in a downward trend. This week, prices have struggled within the range of 2032 to 2044, and we're presently hovering around 2024.360. During Monday and Tuesday sessions, we anticipate a test of the 2024 support level, possibly dipping towards 2012. While we may find weekly support around...

03:16

Districtfx

Examining the GBPUSD price, it's evident that the market has been moving sideways since December of the previous year. During such periods, it's advisable to refrain from taking any action and patiently await a clear market direction. Executing trades aligned with the overall market trend is crucial, yet the current prices are not providing a distinct indication....

03:12

Districtfx

"📈 US30 Bulls Bucking Strong: Analyzing the Dow Jones, it's evident that we're currently witnessing consistent higher highs and higher lows, indicative of an uptrend market. Observing the week-to-week movements, prices show a rise of approximately 2% from low to high and a decline of around 1% from high to low. Given this, my market approach involves patiently...

05:18

Districtfx

Since the onset of January 2nd, 2024, a discernible downtrend channel has shaped the intricate interplay between gold and the US dollar. Delving into the meticulous examination of gold's financial intricacies, my attention is laser-focused on identifying opportune moments for selling as the precious metal nears the trend line this week. In the event that price...

06:17

Districtfx

"Tracking the Thrilling Bitcoin Action: A Week in Sideways Market Dominance! 📈🔄 Hey, fellow crypto enthusiasts! Today, let's dive into the latest rollercoaster ride with our favorite digital asset, Bitcoin. Over the past week, the charts reveal a tale of a sideways market, where the price action has been in a tight range. As of now, the battle between supply at...

05:40

Districtfx

As we monitor the EURUSD pair, it's crucial to recognize that we are presently within a downtrend channel since the start of the month. The price is currently forming lower lows and lower highs. Looking ahead to the second week of February, if we observe a rejection around the 1.07500 level, there is a possibility of a structural change that could lead to an...

02:41

Districtfx

Upon analyzing recent price movements over the last few days, a noticeable bearish sentiment is evident. The market is consistently forming lower lows and lower highs. In line with this trend, my outlook is inclined towards identifying selling opportunities. I plan to initiate sales after the price fails the fair value gap and reaches an area of supply, which we...

02:20

Districtfx

Good morning, this is Joe Malone from Districtfx. Currently, we're observing bearish price action for the EUR/USD pair. The charts indicate a bearish sentiment around the 1.08900 level. We anticipate a retracement to that level, presenting a selling opportunity to the downside. Upon retracement, we'll explore a potential selling opportunity, targeting the low of...

04:19

Districtfx

Examining the Euro to USD chart, it's evident that the price has been on an upward trend since October of the previous year, following an upward channel. Currently, it's advisable to exercise patience and be on the lookout for buying opportunities. Price movements are expected to rebound from demand and decrease around supply points. With important meetings...

Districtfx

Yo, for real! SEC's on that cap game, ain't no denying. They talk big, but we know it's just a front. Gotta keep our eyes peeled for what's really goin' down in these financial streets, bruh! On some real talk, let Bitcoin do its thing, but how it moves in the next few moves is crucial. Stay on point, no need for catchin' up if you stay ready. That's just how the...

Districtfx

Analyzing the present price movement reveals a notable reluctance among sellers. With each turnaround in selling pressure, we observe a cautious approach. Sellers have consistently driven the market down by an average of approximately 2.3 percent. I am adopting a bullish stance for the Euro session, aiming to capitalize on potential gains in pips.

Districtfx

Breaking down today's market moves, it seems the bulls took their profits early in the London session. Despite a current downtrend since the London open, don't worry if you missed the initial bull run – the market is poised for necessary corrections. As I await key releases this week, starting with the impactful FOMC meeting, I'm on the lookout for an entry point....

Districtfx

EUR/USD Bears Take Control, Slamming through Monthly Resistance at 1.11392! No Reversal Signals Yet, but Stay Alert for Post-Holiday Surprises. The Deciding Factor? Keep an Eye on This Week's FOMC Meetings and Data Drops! DISCLAIMER: The ideas presented here are speculative. Users should exercise caution, employ proper risk management, and conduct their own...

Districtfx

Bitcoin is presently displaying strong bullish momentum, with a potential test of the $50,000 price threshold looming. Stay attentive to this week's news releases, particularly the US JOLTS Openings on Wednesday and the US FOMC meetings. While retracements or reversals could occur post these events, I expect the bullish trend to persist until Wednesday. ...