Market Analysis

USDCHF, “US Dollar vs Swiss Franc” USDCHF has broken the 200-day Moving Average on H4 and is currently below it, revealing probable development of a downtrend. The RSI has rebounded from the resistance line. A downward breakout of 3/8 (0.8977) is expected, followed by a decline to the support at 2/8 (0.8911). The scenario could […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a declining impulse to 1.0658, correcting to 1.0714 today. An extension of the correction to 1.0725 is not excluded. Next, the declining wave could continue to 1.0630. With a downward breakout of this level, the potential for a wave to 1.0540 might open. This is a local […]

USDJPY Testing Highs USDJPY is pushing higher today ahead of keenly awaited comments from Fed chairman Powell. Giving the introductory speech yesterday at a Research and Statistics conference, traders were left empty handed with no mention of the economy or monetary policy. Today, however, the market is braced for more topical commentary from Powell with […]

TitleDE30EUR H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference: Price could fall to the pivot point at 15159.4, which is a pullback support level, aligning with the 61.8% fibo retracement and at the neckline of the double bottom that formed yesterday. Price could potentially bounce off from our pivot point, to rise towards […]

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the resistance level. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower boundary of the Cloud at 1.0675 is expected, followed by a rise to 1.0805. A signal confirming the rise will be a rebound from the lower […]

XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 2000.00. Upon testing the resistance, the price might break it and continue developing the uptrend. However, the quotes could pull back to 1920.00 before rising. […]

TitleUS30USD H4 | Potential bullish continuation? TypeBullish Bounce Preference: Price could react to our pivot point at 34144.1, which is an overlap support level. If price bounces off our pivot point, then price could continue its bullish momentum to the 1st resistance at 34365. Alternative scenario: If price breaks below the pivot point, then price […]

Daily Trade Setups #BTC #GOLD #CRUDE To access today’s real-time actionable analysis BTCUSD https://youtu.be/A54yJa000Ro?si=H7H2ESzTKnc2SyBL XAUSUD https://www.youtube.com/watch?v=omsxRcNEwV8 XTIUSD https://www.youtube.com/watch?v=0uVBbeTuGa8 Source: Tickmill

The primary currency pair was slightly below its previous levels on Wednesday. The current EURUSD exchange rate stands at 1.0690. The instrument’s decline has persisted for the third consecutive day, with sales being symbolic. The stabilisation of the US dollar began when certain Federal Reserve officials made comments in their speeches, indicating that the Fed […]

The greenback has regained its footing, and a pivotal factor behind this resurgence is the hawkish stance taken by several Fed members. Notably, we saw both a hawk, Neel Kashkari, and a dove, Austan Goolsbee, highlighting the battle against inflation and leaving all options open for the upcoming December meeting. This illustrates the delicate balance […]

TitleUSDCAD H4 | Potential bullish bounce TypeBullish Bounce Preference:Price is falling towards the pivot point of 1.37378 which is an overlap support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.38900 which is a swing-high resistance level. […]

BTC’s price rose to 35,352 USD on Wednesday. The market aims at reaching an important resistance level of 35,800 USD. The seasonal trigger continues to favour buyers. The problem is that it might end very soon. According to seasonal cycles, the correction can stretch from 10 until 21 November. It is believed that the smaller […]