Latest Market News
TitleGBPJPY H4 | Bearish reaction off 61.8% fibo? TypeBearish Reversal Preference:Price is currently in a short-term bullish momentum, we can expect price to rise to our pivot point at 185.41, which is a pullback resistance level and at the 61.8% fibo retracement. Price could react bearishly at the pivot point, and fall to the 1st […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are under the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 2/8 (0.6469) is expected, followed by a rebound from this level and a decline to the support at 0/8 (0.6347). […]
TitleGBPUSD H4 | Falling from overlap resistance? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 1.26256 which is an overlap resistance. A reverse from here, price could fall to 1st support at 1.25911 Alternative scenario:However, if price breaks above the pivot, it could rise to 1st resistance at 1.26741 which is […]
Meine letzte Analyse zum Goldpreis im Blog ist vom 11.07.2023 gewesen. Damals hatte ich auf die positive saisonale Ausgangslage Anfang Juli hingewiesen. Der Juli ist erfahrungsgemäß einer der besten Monate für einen steigenden Goldpreis. In 7 der letzten 11 Jahre ist der Goldpreis im Juni gestiegen. Nach Januar und Dezember, der statistisch besten Periode für […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Gravestone Doji reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support at 1.0775. However, the price could rise to 1.0850 and continue the downtrend after the correction. […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a new structure of correction to 1.0836. Today the market is developing a structure of decline to 1.0790. And with a downward breakout of this level the potential for a decline to 1.0740 could open, from where the trend could continue to 1.0700. This is a local […]