rasindu2003
Ths is my psychological view about eurusd .it has already printed double bottom in the 1H time frame but ,due to the weekly close of the market may be reduced the strength of the doble bottom .so to breakout this bearish channel EURUSD has to form a new patter like head and should to make a bullish reversal .so i am expecting a bullish bias for the next week on the EURUSD
previously gold on a massive uptrend and it was manipulating on a consolidating area between 1961 and 1954..By the way according to the daily prospective gold made a huge impulse without and correction and now it is time to correction.We knwo that the any market do not continue it own trend without a correction so we may see a correction then it will continue its trend .
As i have predicted the GOLD have moved to 1890 level .so we know that the no market is moving as a straight line and now it is time to do a correction on gold but still in a bearish chanel so it will be a sell after this correction
currently the gold is moving between a bearish channel and is broken below the weekly resistance ..in that case it would be fall more until 1880 weekly support which was previous resistance .in that point gold seems quite bearish .we can see the daily demand around 1910 area was actived and price moved to 1930-1936 area again. on other hands , IF the gold trade...
In previous days US dollar index made a serious down trend towards 102 level ..the bearish scenario is still valid until it move above 38.2% FIbo level..so we could see a small correction then a huge sell as an impulse.
Now gold retested as well as to continue it bear trend but the dollar index is till showing som kind a small up trend so in that case gold will fall a little bit to 1952 level again and make a double bottom at the level them move high. on the other hand we can see a daily trend line has not broken yet so it that case gold so we have a still chance to looka at...
FED powell has been made a serious impact to the dollar index which was overbought because of the huge supply to the DXY.BUT dxy has not touched the valid area to sell .so we could see a simple upside move ment then it falls down .. By the way DXy has been retraced about 38.2 in fibo levels and also the market had closed when it was retracing so that could be...
previously gold made a huge down trend to 2036 are to 2005 area.because of the strength of the dollar had been increasing.So in that case we could expect a more dollar rejection to the upside .Dollar is going up means gold will fall.Not as vice versa but direction are completely opposite . on the other hand gold will rise fro a long term but we have to see the...
just like my previous announces gold went to 2007 area and moved up .Also in NFP day gold made a serious down trend to 2000.34 which is a strong psychological barrier so we could expect move bullish continuation according to the Gann speed resistance theory and according to the technical perspectives .we are not looking for selling positions .we are only looking...
According to the on chain data and fundamentals BTC will move higher again to 30K+.so in that case we are only looking for buy positions
In the last update i hited my TP but not the final target 1957..yesterday news made a huge demand for the DXY and in that case the GOLD has been raised .so now we could see a range movement of gold according to the DXY movement..
gold retraced at 0.382 fibo level .so in that case gold will move higher then it will fall again to 1973 ...following the fina target is 1954
now the GBP is on a channel and it will move higher on the channel..then it will fall to the previous resistance and which will turn support(RBS)
gold made a huge move to the upside on the last week because of the plentiful drop of Dollar index.In that case ,according to the technical prospective we should expect a correction after an impulse.that is normal logic market will not move as a straight line..but also the gold trend is an uptrend to gold will retest and continue its trend
bitcoin has made a large bullish move because of bearish movement on DXY .it that case now btc will go higher but after a simple retracement so according to the FIB retracement we can mesure the correction.so we could expect btc will fall atleast till 0.382 fib level
BTC has been broken the uptrend .so we could expect the down side movement.it may have higher probability to hit the previous support.
SOL/Usdt has rejected from the strong daily zone.so we could expect a rejection higher .The nearest 1H resistance will hit soon then and it will break,soon,the overall trend is a buy.
previously the speech of the powell has been made a really serious dump on the DXY rates so in that case BTC has broken the strong trend line which is made it dump.so in that case we could expect rejection higher on btc/USDt then create new movement .Also now it is in monthly resistance so we could expect a rejection higher as support become resistance.overall its...