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TitleXAUUSD H4 | Continue to 1st support TypeBearish Reversal Preference:Update on Gold: XAUUSD is still in our pivot zone. Additionally, we are seeing that the price may be forming a double top pattern and there is a doji candlestick. We expect that the price could drop to our first support level, which is an overlap […]

On Friday, the British pound against the US dollar is stable. The current quote is 1.2284. At the March meeting, the Bank of England lifted the interest rate by 25 base points from 4.00% to 4.25% per annum. In the comments, the regulator voiced its readiness to lift the rate again if the inflation pressure […]

TitleNASDAQ, D1 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot of 12978.69 and reverse from this level, we could see momentum move price down to its 1st support of 11669.23. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 13724.95. To discuss this trading idea, head […]

TitleDXY, H4 | Potential bullish reversal TypeBullish Bounce Preference:Price could approach our pivot level of 101.1201 and reverse from this level, we could see the momentum carry price up to its 1st resistance of 102.5606. Alternative scenario:If price breaks below pivot level, it could come down to the 1st support of 100.4554 To discuss this […]

On Friday, the BTC grew to 28,302 USD. The weekly growth amounted to 9.66%. Coinbase issues that were making investors anxious this week, have faded into background. The same has happened to the anxiety about the claims to the TRON creator Justin Sun. As soon as the US stock market moods stabilised, crypto bulls returned […]

Brent On H4, Brent quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI has broken the support line. In such circumstances, we should expect 0/8 (75.00) to break and the price to go down to the support at -1/8 (71.88). The scenario can be canceled if the price grows […]