Mr_Ethan1

Mr_Ethan1 Updated 

The chart provided shows the GBP/JPY (British Pound/Japanese Yen) trading pair on a 4-hour timeframe. Here’s the description and analysis based on the visual elements of the chart: 1. Resistance Level: The red horizontal line around 199.522 indicates a strong resistance level. Price has attempted to break this level multiple times but failed, signaling a...

Mr_Ethan1

This chart represents the price action of XAU/USD (Gold vs. USD) on the 1-hour timeframe. Key components of the analysis include: 1. Supply Zone: The chart highlights a supply zone near the 2,698-2,681 level, where selling pressure is expected to dominate, potentially reversing the price downwards. 2. Resistance Zone: A resistance area is marked around 2,681,...

Mr_Ethan1 Updated 

This chart displays an hourly analysis of Gold (XAU/USD) with a potential bullish setup. Here's a breakdown: 1. Trend and Price Channel: A rising parallel channel is drawn, suggesting a short-term uptrend. The price has respected the channel boundaries, bouncing off the lower and upper limits. 2. Key Levels: Support: Around 2,635 (stop-loss...

Mr_Ethan1 Updated 

This chart presents a technical analysis of GBP/USD on the 1-hour timeframe. Here's the breakdown: 1. Trend and Channel: A descending channel is outlined with yellow lines, showing the pair's recent bearish trend. The price has broken out of this channel to the upside, indicating a potential reversal or retracement. 2. Key Zones: Sell Loss Zone (Red Area):...

Mr_Ethan1

This EUR/USD 4-hour chart analysis highlights the following key components: 1. Downtrend Channel: The price has been trading within a bearish descending channel, marked by the shaded area. This indicates a prevailing downtrend. 2. Key Resistance Zones: 1.04018 to 1.04699 (Stop Loss Area): The red zone marks a significant resistance level. Breaking above this...

Mr_Ethan1

This chart displays a technical analysis for Bitcoin (BTC/USD) on the 4-hour timeframe using the Bitstamp exchange data. Here’s a detailed breakdown of the analysis: 1. Demand Zone: A highlighted area above 101,700, indicating a potential support level where buying interest might be strong. 2. Price Action: Bitcoin is currently trading around 101,709, with...

Mr_Ethan1 Updated 

The chart represents a daily (1D) analysis of Gold (XAUUSD) trading on the CAPITALCOM platform. The current market prices are 2,640.70 for sell and 2,641.00 for buy. The key points of the analysis are: 1. Current Price Movement: The price is moving in a range between 2,600 and 2,670. The chart shows a consolidation pattern with potential for a breakout. 2....

Mr_Ethan1

The EURUSD price shows some slight bullish bias after reaching few pips away from our waited target at 1.0475$, affected by stochastic positivity, while we still suggest witnessing new negative Go for sell

Mr_Ethan1 Updated 

just started gaining positive traction and support prospects for a further appreciating move for the Gold price. Hence, some follow-through strength towards reclaiming the $2,700 mark, en route to the $2,720-2,722 supply zone, looks like a distinct possibility. Gold buy 2665 Target 2717