MarketsPOV

MarketsPOV

We analysed EURUSD few days back and it was showing a bearish move which has been completed. Price has recovered well and now looking for a next break. Above are the 2 possible scenarios along with support and resistance levels. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found...

MarketsPOV

Eurusd is currently holding onto downward trendline and upcoming news events will provide a clear direction to price. This can either break up and target above levels or touch below support and then bounce. Due to the high impact of news, the move can be extremely volatile so please watch out for slippage. For entries, please wait for at least two candle...

MarketsPOV

Bitcoin is respecting the rising channel which is becoming more of wedge. Unless it sustains a break, we may see a pullback to support or even lower levels. Weekly close will be crucial. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis valuable, kindly consider...

MarketsPOV

Dollar is currently sitting very close to Bearish trendline like EURUSD and it needs a catalyst to break above or reject from here. With FOMC expected to keep rates unchanged and remain Hawkish, there's a high probability that this will break up for a Bullish move. However nothing can be confirmed until news comes. Therefore please remain cautious when trading...

MarketsPOV

EURUSD is currently sitting close to a downward trendline and the next move is decided by the FOMC meeting. Above are the possible scenarios depending on the minutes of the meetings. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis valuable, kindly consider...

MarketsPOV

As per previous analysis, price was respecting the below support and has kept respecting this so far. Now the price is near a break and a Bullish break of Trendline will open higher levels however if the price rejected here, we should see correction to below support. Best approach is to go from level to level rather than aiming for a swing move as sentiments can...

MarketsPOV

We analysed EURUSD few days back and it was highlighting a Bullish move which was completed and priced retraced from exactly the resistance highlighted. If we analyse the elliot waves, it shows that Bullish wave was completed and now the price is in Correction mode. From here, it is highly likely that we should see a Wave B which should give us an optimum entry...

MarketsPOV

Bitcoin has retraced and remained supported by the fib 61.8% level and as far the below support holds, we should see a continuation of bullish wave 3 to above levels. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime. For entries, please wait for at least two candle reversals at the specified level...

MarketsPOV

We analysed EURUSD few days back and it was highlighting a Bearish move however this move was voided as price found support and moved upwards. Price is now near a Downward trendline where it has retraced several times in past. Due to Trump now in power and market settling down, we should see a Bullish break above as far as price respect support. MACD is also going...

MarketsPOV

Eurusd is showing a rejection from above trendline and as far as above resistsance is expected we can expect a Bearish move. Please be mindful of the upcoming High Impact News. Below are the possible trades. Bearish EUR/USD Scenario: Entry Point: A confirmed break below the recent support level at 1.0280. Stop Loss (SL): Above the resistance level at...

MarketsPOV

We analysed Ether few days back and it was highlighting a Bearish move. This move didn't touch our support levels and went back up. Currently we are sitting on a make or break scenario and a sustained break above the resistance level will confirm Bullish continuation or a break below will confirm a Bearish correction to long term trendline. Best approach is to...

MarketsPOV

Bias The chart shows a neutral to bearish bias: Price is trading below the 200-period moving average (red line), indicating overall bearish pressure. There is an attempt to recover from a recent drop, but the price remains below significant resistance levels. The MACD histogram and signal lines are showing signs of a potential short-term bullish...

MarketsPOV

Bias for Week commencing 13/01/2025 The chart shows a clear downtrend, as indicated by: Lower highs and lower lows The price is trading below key resistance levels and within a descending channel (yellow lines) The histogram and oscillator suggest bearish momentum Key Support and Resistance Levels Support Levels: 1.0230–1.0250: Immediate support zone...

MarketsPOV

Ether has been showing Bearish signs after a Bullish Exhaustion however it seems to now have held support well. We can see double bottom on H1 and this could close any potential lower moves and open above levels. MACD is nearing a Bull cross so this should confirm the Bullish move. Best approach is to go from level to level rather than aiming for a swing move...

MarketsPOV

We analysed EURUSD few days back and it was highlighting a Bearish move. This move was completed and resulted in a reversal. However the price now sits close to Bearish Trendline so a Break or Rejection of this trendline is expected. We currently have double top formed and if the above resistance is repected, we should see price declining to lower levels. Best...

MarketsPOV

We analysed DXY / Dollar few days back and it was highlighting a potential break above. This hsa been confirmed and the price now targets above Fib levels. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime. For entries, please wait for at least two candle reversals at the specified level and apply...

MarketsPOV

Bitcoin has been on Bull run for past few weeks and has tapped the ATH level. In order for the move to continue, it requires correction and as far as the above resistance holds, we should see a correction that can go as deep as 70k mark. Therefore please be mindful of potential drop. For entries, please wait for at least two candle reversals at the specified...

MarketsPOV

Ether has a double top on 4H and unless the above resistance is broken, we should see an overdue correction. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for...