Sticking with the trade here and buying up some more DOGE.
Dogecoin (DOGEUSD) is building upward momentum, trading near $0.45 after successfully defending support around $0.43. The 4-hour Heikin Ashi chart shows steady bullish progress, with price action contained within the green upward trend zone. Key resistance levels to watch are at $0.49 and $0.54, while immediate support lies at $0.44 and $0.42. A sustained...
Bitcoin (BTCUSD) is holding steady above the psychological $100,000 level after testing strong support near $97,000. The 4-hour Heikin Ashi chart shows a bullish continuation pattern, with price action remaining within the green trend channel, suggesting sustained upward momentum. Key resistance levels are at $101,200 and $105,000, while support is anchored at...
The USDTRY pair maintains its upward momentum on the 4-hour Heikin Ashi chart, as the price steadily climbs toward resistance at 35.00. The chart illustrates consistent bullish candles supported by a rising trendline and minor pullbacks finding support around 34.50. Key support zones include 34.50 and 34.30, with resistance at 35.05 and 35.20. The trend remains...
The EURHUF pair displays a notable recovery after a sharp drop, indicating potential buyer interest at lower levels. The price bounced decisively from the support zone near 412.75 and is now consolidating just below the key resistance level of 414.00. The 15-minute Heikin Ashi chart highlights a strong upward momentum post-recovery, with bullish candles showing...
The NZDUSD pair continues its downward trajectory, respecting the established bearish trend. Key resistance zones near 0.5860 and 0.5905 are capping any upward movements, while sellers maintain control. Support levels around 0.5770 are acting as a key target area for further downside potential. The price remains below the moving averages, reinforcing bearish...
The GBPNZD pair is displaying strong bullish momentum, breaking out of consolidation zones with higher highs and higher lows forming. Key support levels are well-defined around the 2.14800 and 2.12600 regions, indicating strong buyer interest at these levels. On the resistance side, the pair is approaching critical zones near 2.18000, which may act as a...
Several FOMC members have signaled a willingness to consider another Fed funds rate cut at the upcoming December meeting. However, a significant miss in key economic data—such as November’s BLS payrolls coming in below 200,000 m/m—could prompt the FOMC to act decisively and implement another rate cut.
Today is a good market to watch or play from a live/demo enviroment. Markets are behaving irrationally creating ghost trends/reversals off no levels or fake levels. Take sometime to learn how the predatory algos think and protect your bank!
See the GBPJPY video to learn more. • Trend: GBP/JPY continues its bearish trajectory, respecting the EMA resistance and forming lower highs and lows on the 4-hour char
Market Overview: • Trend: GBP/JPY continues its bearish trajectory, respecting the EMA resistance and forming lower highs and lows on the 4-hour chart. • Current Price: The pair is consolidating around 190.14, following a significant move down from the 193.30 resistance area. Key Levels: • Resistance: • Immediate: 190.90 - 192.30 • Strong:...
Key Observations: 1. Price Action: • USD/JPY has bounced from 148.65, showing signs of short-term recovery. However, the overall structure remains bearish with descending resistance levels near 150.30-150.50. 2. Technical Indicators: • Moving averages suggest further downside pressure. • Ichimoku cloud analysis highlights resistance in the...
The AUDUSD is demonstrating a bearish breakdown, aligning with the current downward momentum. The pair has recently breached key support levels, with selling pressure increasing in the highlighted zones. Key Observations: 1. Price Action: The pair is trading below critical resistance areas, moving toward the lower bounds of the channel. 2. Bearish Momentum:...
Key Observations: 1. Support Levels Hold: • XAU/AUD has established strong support near 46,800 AUD, forming a base for a potential rebound. 2. Trend Reversal Indications: • Volume Profile Analysis indicates buyers stepping in around the Point of Control (POC), confirming accumulation in the lower range. • A breakout above 47,637 AUD highlights...
The AUDUSD is demonstrating a bearish breakdown, aligning with the current downward momentum. The pair has recently breached key support levels, with selling pressure increasing in the highlighted zones. Key Observations: 1. Price Action: The pair is trading below critical resistance areas, moving toward the lower bounds of the channel. 2. Bearish Momentum:...
The JP225 (Nikkei 225) is showing strong upside potential as it breaks higher from key consolidation zones, reflecting renewed buying interest and optimism in the Japanese equities market. Key Observations: 1. Trend Shift: • The index has successfully reclaimed critical levels around 38,580.85, confirming a bullish reversal. • Price action is supported...
The JP225 (Nikkei 225) is showing strong upside potential as it breaks higher from key consolidation zones, reflecting renewed buying interest and optimism in the Japanese equities market. Key Observations: 1. Trend Shift: • The index has successfully reclaimed critical levels around 38,580.85, confirming a bullish reversal. • Price action is supported...
The AUDUSD is demonstrating a bearish breakdown, aligning with the current downward momentum. The pair has recently breached key support levels, with selling pressure increasing in the highlighted zones. Key Observations: 1. Price Action: The pair is trading below critical resistance areas, moving toward the lower bounds of the channel. 2. Bearish Momentum:...