BINANCE:FLOKIUSDT practically does not react to the manipulative fall of bitcoin. A breakthrough of the channel resistance and consolidation with the purpose of continuing growth is formed. It is worth paying attention to the zone of 16.00 The coin has been in an downtrend for a long time. But interesting preconditions are forming on H4. Floki lives...
FX:XAUUSD is moving into a consolidation phase amid a strong bullish trend as buyers are waiting for catalysts for a new upswing. Buyers are still serious, and Central Banks of major economies continue to actively buy the metal. Fears of a wider Middle East conflict, have eased, at the same time the US Dollar paused its overnight recovery. The corresponding...
BINANCE:ETHUSD ETH is consolidating in front of strong resistance. Bulls do not let the price down beyond 0.5 fibo. amid Friday's news, the cryptocurrency market is reviving and ETH has high chances to pass through 2800. A false breakout of the resistance of the range is formed, but instead of falling, the coin is consolidating, which is generally one of...
BINANCE:IMXUSDT exits the local consolidation and also breaks the resistance of the global trend, which can be regarded as a positive prerequisite for growth. IMX is consolidating above the support at 1.386, formed in June. The area divides the market into 2 parts (long and short). Bulls are actively trying to keep the price above this zone, buyers' target is...
FX:XAUUSD consolidates above 2508 and flies to the key resistance - the border of the range. High probability of a false breakdown and correction before the subsequent growth. . The lively price growth is based on the sustained weakness of the U.S. dollar after the “dovish” remarks of U.S. Federal Reserve Chairman Jerome Powell at a symposium in Jackson Hole...
FX:XAUUSD is forming a consolidation in the triangle format. Traders are in a stupor and are not ready to act prematurely before the news, but buyers are still quite aggressive Fundamentally, today's focus is on initial jobless claims, we have seen a decline in unemployment lately, which generally indicates an improvement in the environment, analysts expect the...
FX:NZDUSD is strengthening from the opening session amid the dollar's return to southward movement. Traders are intensifying USD sell-offs amid expectations of interest rate cuts... Despite the New Zealand Central Bank's interest rate cut, the USD sell-off is more active on the currency pair. The dollar is forming a retest of support, which increases the...
FX:EURUSD continues to strengthen, updating the December 2023 ATH and forming a false breakout that could form a small correction before a possible rise. . The key level is 1.1123, as well as the high of 1.1173. The struggle for the lower level continues, bears are not letting the price up, expecting to capitalize on the correction before the news. The...
BINANCE:SOLUSDT after the shakeout relative to resistance and triangle support continues to consolidate again on the background of the bullish trend. The priority of the figure is the continuation of the current trend. The strong fall due to fundamental reasons: the US unemployment rate, profit-taking and panic are quickly bought back, bringing the coin back...
BINANCE:KLAYUSDT is entering the distribution phase after exiting the accumulation. The price is resting at the range boundary, but there are prerequisites indicating a possible continuation of growth Emphasis on the key level of 0.1600. I like the accumulation formed near the level. The key aspect, to forge a further scenario with the purpose of opening...
BINANCE:PEPEUSDT is consolidating after a shakeout. Bulls are emphasizing the resistance at 0.00000827. On W1, the coin is consolidating above key support, which is a good sign amid the overall bullish trend. PEPE is trading above trend support and is not going to go down yet. A decrease in volatility is forming - “consolidation” character of the movement....
BINANCE:BNXUSDT looks quite strong relative to the entire cryptocurrency market, maintaining an already strong bullish trend. The price is forming a range and it is worth paying attention to its boundaries... The situation is complicated by panic, bitcoin is unstable and thus creates unnecessary volatility in the whole market. The ideal outcome would be to...
FX:GBPUSD is testing wide range resistance in the distribution phase against the backdrop of the falling dollar. The market spent energy on strong growth and there is little chance of a breakout of 1.305, a correction or consolidation may follow. GBPUSD strengthens the bullish trend, but on its way meets strong resistance - the border of the range. Within...
FX:XAUUSD is forming a trading range. The emphasis is on 2531 - 2485. On the background of profit-taking, before the news, the price may test the support before further growth. . The fundamental environment is the same: tensions in the Middle East and focus on Powell's comments on Wednesday and Friday. Today it is worth paying attention to the FOMC meeting,...
FX:XAUUSD is updating its historical high due to fundamental reasons. At the moment the market is struggling for 2500, at the same time the dollar is showing the prerequisites of readiness to go south. Fundamentally, there is a lot of interest in gold for several reasons: Crisis in the Middle East, expectations of Iranian action. A shift in the policy...
FX:GBPUSD is changing its course to the north. Double bottom, false breakout, return in trend boundaries, support in the form of MA-200 & MA-50 is the reason to change the market mood and give confidence to speculators. An interesting and promising picture is forming on D1. The price on the background of the retest is confidently consolidating above the...
FX:USDCAD for the last few days does not show any preconditions for a pullback or growth, forming a pre-breakdown consolidation relative to 1.372. The fall of the dollar can provoke a breakdown.... Technically, the price is returning to the range of 1.3755 - 1.3600. The bears are holding resistance, forming a descending triangle under the upper boundary of the...
FX:XAUUSD is strengthening after retesting support at 2440 and false breakdown, heading towards ATH. Buyers are keeping the market from falling, forcing the price to bounce off the local range support. It is worth emphasizing the strong bullish trend and continued retests of triangle resistance, which only increases the chance of a breakout and upside. The...