


BTC: Both Scenarios Explained - Still Bearish From our previous analysis, BTC fell by almost 2.7%. Today the price stood again at 106K showing a slight upward momentum, but as we can see, everything disappeared. The price created and corrected ABC with the current data and if this correction has already passed, it should fall further today. Otherwise, it may...
AUDUSD: Complex Price Action with Bullish Bias AUDUSD is exhibiting a complex price pattern, often characterized by small and choppy movements. The chart shows that the price has been repeatedly halted near the current zone. If this level holds, the likelihood of a bullish continuation increases, with potential targets at 0.6455, 0.6495, and 0.6530, as...
Oil Price Stuck Near $60 Amid Geopolitical Tensions Oil prices remain near $60, driven by global uncertainty. In the Middle East, tensions persist as Israel continues its military actions in Gaza. Meanwhile, the war between Ukraine and Russia continues despite U.S. efforts to mediate. Reports indicate that Russia has used North Korean weapons to intensify...
GBPUSD Poised for a Bearish Move On the 4-hour chart, GBPUSD has completed an ugly variation of a Harmonic Pattern. While the pattern itself is not ideal, it successfully prevented the price from rising above 1.3590. The market surged unexpectedly a few days ago, following Trump’s aggressive 50% tariff proposal on Europe, but today, GBPUSD is reversing...
BTC: First Bearish Signs of a Deeper Correction All these days, BTC has only been rallying and has a clear bullish structure. Today we can see a complete transformation showing the first signs of a downward correction. It is too early to talk about a downtrend. Yesterday, the pattern transformed from bullish to bearish by falling below 106730, which...
GBPJPY Rejected at Resistance - Bearish Move Ahead? On the 4-hour chart, GBPJPY tested a strong resistance zone near 196.40, and sellers quickly stepped in. Over the last 12 hours, the price has moved consistently downward, confirming selling pressure in this area. The formation of three consecutive red candles on the 4-hour timeframe adds value to the...
GOLD: Z Wave in Progress - WXWXZ Pattern GOLD: Z Wave in Progress Gold is currently developing the final leg of a complex WXYXZ pattern, with the Z wave taking shape. Gold tends to rise unpredictably—even on days without major news or strong market volume, making this a hazardous trade. FOMC Minutes Today. The Federal Reserve’s minutes from the May 6-7 meeting...
EURNZD: RBNZ Rate Cut Sparks Volatility in NZD Today, the Reserve Bank of New Zealand (RBNZ) lowered interest rates by 25 basis points to 3.25%, down from 3.5% last month. Initially, the New Zealand dollar (NZD) showed weakness, but the sentiment quickly shifted as the rate cut was accompanied by a surprisingly hawkish statement during the RBNZ Press...
EURJPY: The Japanese yen falls as Japan's Ministry of Finance (MoF) may reduce its issuance of long-term bonds. Today, the Japanese yen is the worst-performing currency across the board. The decline is linked to speculation that Japan’s Ministry of Finance (MoF) may reduce long-term bond issuance due to weak demand and rising yields. This speculation stems...
Bitcoin: Supported By News In The Short-Term News: Senator Lummis commentes: Bill to buy $1M bitcoin hits Senate floor next week "President Trump supports the bill". The Senate will shift focus to creating a Strategic Bitcoin Reserve after the stablecoin vote Technical Analysis: BTC is in a strong bullish trend and also above a very strong structure zone...
New Zealand Dollar Dips as Investors Await RBNZ Decision on May 28 The New Zealand dollar fell to around $0.6000 on Tuesday, following a volatile Monday session where it briefly reached its highest level in nearly seven months. Now, all eyes are on the Reserve Bank of New Zealand’s upcoming policy announcement on Wednesday. The central bank is widely...
NZDCAD: Likely to Drop Again Inside a Corrective Pattern On the 4-hour chart, NZDCAD is moving within a large corrective pattern. Looking at past price action, we can see that NZDCAD has repeatedly declined from this zone. The pattern suggests that another drop is likely. The price movements have followed a "V"-shaped reversal without clear confirmation,...
ETH: Still optimistic and in transformation Previously, ETH showed a strong bullish trend, but recent economic events have shaken things up. On Friday, U.S. President Donald Trump announced a 50% tariff on the European Union, set to begin on June 1, 2025. This caused uncertainty in financial markets, triggering selling pressure on ETH, which dropped to $2,463—a...
DOGE Poised To Resume The Bullish Trend Dogecoin is forming an inverse head and shoulders pattern, a classic signal of a possible trend reversal. In this case, it’s a short-term setup due to its smaller scale on the chart. If the price breaks above the neckline, the chances of a renewed bullish wave increase, setting the stage for potential upward movement,...
GOLD About To Develop a WXYXZ Pattern GOLD it's a very risky trade as we have seen it often rising in days without news or without volume in the market. However, the previous week gold reached 3365 and looks like the top was already completed. Trump's decision to impose 50% tariffs also for Europe made gold bouce on Friday. The current situation looks more...
OIL: Short Term Bullish Setup - Very Risky The trading setup we have for OIL carries a high risk as it has been moving against news reports on war or OPEC topics for days. However, OIL faced a strong support zone near 60, thus increasing the chances of further growth. Perhaps the situation in GAZA could keep the price above 60 and it could rise slowly as shown...
USDJPY: A bigger decline is expected in a broader picture On the USDJPY chart I have outlined some strong technical elements: Key target levels are found near 141,200 and 138,000 Downward momentum is expected to increase, driven by macroeconomic factors related to Trump’s tariffs and the BOJ, which is also facing potential problems and may increase its...
GBPJPY Breaks Higher: Bullish Momentum in Play GBPJPY has broken out of a bullish triangle, signaling potential for further gains. Yesterday, GBPJPY surged 170 pips in 10 hours, showing strong momentum. The pair could continue rising towards 193.50 and 194.00 as accumulation seems to have ended. The breakout is reinforced by strong UK retail sales, which came...