EURUSD: Structure Analysis EURUSD encountered strong resistance near 1.0530. After testing this zone multiple times, the price declined to the previous structure zone from February 19th. The selling pressure intensified further following positive US data on Thursday, leading to a break below the structure zone. Currently, EURUSD points to a further decline to...
Gold in a complex scenario! What do you need to know at this moment? In our previous analysis, gold adhered to the reversal zone, and we identified a substantial Bearish Harmonic Pattern, signaling a potential further decline in price. However, with the impact of Trump's new tariffs and the Ukraine-Russia deal causing fluctuations in the market, we must be...
USD/JPY Poised for a Potential Upswing from Key Support Zone The USD/JPY pair recently tested a robust daily support zone dating back to December 3, 2024, which has held strong for nearly three months. The price has demonstrated buyer interest, as evidenced by the recent halt in this area. It has already rebounded by nearly +100 pips, rising from 148.54 to...
Bitcoin: A Bigger Crash is Coming - Part 2 Based on our previous analysis, BTC has shifted from forming a daily Head and Shoulders pattern to a Double Top pattern, signaling a bigger bearish sentiment. While it’s uncertain whether recent developments involving Trump's tariffs served as the catalyst, one thing is clear—a larger bearish wave appears to be...
GOLD: Why Should We Be Careful with GOLD? What's Next? From our previous analysis, gold reacted perfectly in line with our expectations. However, this time the situation is becoming more complex. Today, I also observed a bearish harmonic pattern on the daily timeframe. ✅You may not like selling gold, but having this scenario on your trading radar is...
ETH Poised to Decline to 1600 ETH has been struggling to rise for an extended period, consistently displaying bullish patterns. However, each attempt has resulted in false breakouts, as evidenced by the daily chart, which shows the formation of larger bearish patterns. The bearish momentum has remained strong. Given the current conditions, ETH has broken down...
AUD/USD Confirms Bearish Wedge Pattern The AUD/USD pair has confirmed a bearish wedge pattern, suggesting that USD dominance may grow further as focus shifts back to peace talks between Ukraine and Russia. Let's hope for a positive outcome this time. This renewed focus is supporting the strength of the USD. Additionally, lingering tariff issues continue to make...
AUD/CAD: Short-term Bearish Trend Remains Intact In our previous analysis, AUD/CAD showed a transformation and tested the resistance zone near the top again. Today, the price has confirmed another larger pattern, indicating a further price decline. From a fundamental perspective, AUD/CAD was also supported by the fact that President Trump extended the Canada...
DOGE Bullish Potential Amid Market Uncertainty DOGE has completed a bullish harmonic pattern, increasing the potential for a price rise. However, the risk lies in the overall bearish trend of BTC and the broader cryptocurrency market, which adds a layer of unpredictability. If DOGE does not establish a new lower low, the likelihood of an upward movement...
NZDCHF: Bearish Wedge Pattern in Play The NZDCHF pair completed a bearish wedge pattern, confirmed on Friday evening. The price is currently retesting the pattern, increasing the likelihood of NZDCHF continuing its downward movement. A short-term target is set at 0.5147, corresponding to the previous low. Should the price move below this level, it is likely to...
GOLD: How to Trade Gold Now After gold reached our bearish targets, the current situation calls for caution. The price is within a large pattern, and we must be careful. Despite the overall bullish trend remaining intact, trading at the current price position is not advisable. For further details, you can watch the analysis. Thank you and Good Luck! ❤️PS:...
EURGBP: Bullish Harmonic Pattern in a Strong Zone EURGBP has completed a bullish harmonic pattern within a robust zone. Despite this, the likelihood of the price testing the entire red zone remains high. It's crucial to be careful and closely monitor the price's reaction. Key resistance zones for the harmonic pattern are 0.8307, 0.8335, and 0.8370. You...
Oil: Awaiting Confirmation of Next Movement OIL appears poised to complete a bearish triangle pattern. However, as long as the price remains above 70.2, caution is warranted, as OIL may rise again and further develop the triangle pattern. Should the current price level hold strong, we might see a rise to the 72 - 72.5 range before it declines again. If you...
GOLD: Why Might GOLD Continue To Decline Further Based on our last two analyses, the price movements have confirmed our initial suspicions. During the first bullish attempt, Gold reached a new all-time high at $2946.80, but subsequently retraced back below the structure to $2918.46. The following day, Gold increased to $2954.80 before moving back below the...
GOLD: Both Scenarios Explained In this video, I discussed the potential scenarios for GOLD. If the price moves above the current top, caution is advised as it may test a strong zone near 2965. From this zone, GOLD could experience another false breakout. If this area holds, the price should continue to rise to 3000. On the other hand, if the price remains...
BTC Harmonic Patterns Indicate Potential Reversal Zone BTC is currently indicating two harmonic patterns within a very strong zone. On the left side of the chart, BTC appears to have the potential to move down further. However, the presence of these two patterns suggests that it could also encounter strong resistance between 88,200 and 84,330. This could be...
AUDCAD Set for Bearish Correction After Struggling to Rise The AUDCAD pair recently broke out from a bearish pattern, suggesting a potential downward movement. While further confirmation is needed to solidify this trend, the pair already appears poised for a continued decline. A minor support zone is located near 0.9010. However, this area may not hold, and...
DOT Analysis: Awaiting Movement Amid Market Contraction DOT has been stuck in the current zone since the beginning of February. The market remains focused solely on Trump's reforms and appears more contracted than ever. DOT has already broken out from a clear bullish pattern but is not showing movement. If Trump makes any comment, it could cause a significant...