TitleXAUUSD Day | Reacting off a pullback resistance? TypeBearish Reversal Preference:Wait for the price to pullback to our pivot point at 1885.032, which serves as a pullback resistance level. A reversal from this point could potentially lead the price to decline to the 1st support level at 1812.821, identified as a swing low support Alternative […]
The BTC exchange rate on Friday rose to 26,969 USD. Earlier, the SEC chair addressed the House of Representatives. He faced questioning from Congress but stood firm in his stance. The SEC maintains that the majority of crypto assets should be regulated as securities, although this does not apply to BTC. At present, there don’t […]
On Thursday, the dollar finally took a step back, but the rebound of its major rivals looks more like a technical retracement, as the fundamental picture hasn’t changed much. The American currency was weakened by a “relief rally” in risk assets, with the S&P 500 attracting buyers in the support zone we’ve been discussing since […]
TitleDE30EUR H4 | Bearish reaction off 50% fibo? TypeBearish Reversal Preference: Price could rise towards our pivot point at 15476.5, which is a pullback resistance level, aligning with the 50% fibo retracement. If price reacts bearishly, then price could fall to the 1st support level at 15289.3, which is an overlap support level. Alternative scenario: […]