Category: Technial Analysis
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the support area. At the moment, the asset is reversing in the form of a new ascending impulse. In this case, the upside target may be the resistance level at 1885.50. At […]
Несмотря на слабые данные ADP, отчет по рынку труда в США в пятницу не подтвердил опасения рынка, что экономика США начала прогибаться под гнетом инфляции. Рост рабочих мест составил 390К и превысил прогноз, оплата труда тем не менее замедлилась до 0.3% (прогноз 0.4%). Фондовые рынки тем не менее отреагировали негативно, так как отчет NFP не […]
Type: Bearish MomentumKey Levels:Resistance: 17.430Pivot: 16.990Support: 16.440Preferred Case:On the H1, price is moving below the ichimoku cloud and has broken out from the ascending channel which supports our bearish bias that price will drop from our pivot at 16.990 in line with the pullback resistance and 78.6% fibonacci retracement to the 1st support at 16.440 […]
Type: Bullish BounceKey Levels:Resistance: 1903.2 Pivot: 1867.7Support: 1829.8Preferred Case:On the H4, with MACD moving in a bullish momentum, we have a bullish bias that price will rise from our pivot at 1867.7 where the horizontal pullback resistance is to our 1st resistance at 1903.2 where the horizontal swing high resistance, 100% fibonacci projection and 50% […]
Market confidence in aggressive tightening of monetary policy by the European Central Bank has increased sharply this week. As early as Thursday, the market expected that the ECB will increase interest rate by 50 bp by the end of this year, however already on Friday, interest rate futures priced that the rate hike will occur […]
Type: Bullish RiseKey Levels:Resistance: 51545Pivot: 51303Support: 51141Preferred Case:Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 51303 where the pullback support is to the 1st resistance at 51545 in line with the swing high resistance, 78.6% […]
Type: Bullish RiseKey Levels:Resistance: 4293.75Pivot: 4086.25Support: 3962.5Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 4086.25 in line with the overlap support to the overlap resistance at 4293.75 in line with the 61.8% fibonacci projection.Alternative Scenario:Alternatively, price may reverse […]
Type: Bullish RiseKey Levels:Resistance: 63924Pivot: 62180Support: 60554Preferred Case:On the H1, price is moving above the ichimoku cloud and MACD moving in a bullish momentum which supports our bullish bias that price will rise from the pivot at 62180 where the overlap support is to the 1st resistance at 63956 in line with the 78.6% fibonacci […]
BTC is at a standstill, ETH is plunging, and Gemini is facing a crypto winter. On Friday, the BTC reached stability at $30,443. At the same time, the range of fluctuations on Wednesday and Thursday was quite wide, although the market didn’t have any serious reasons to be active. So, the next strong support is […]
The major currency pair recovered after a 2-day plunge and is currently waiting for the news. EURUSD is stable on Friday; investors are saving strengths in anticipation of the news. The current quote for the instrument is 1.0758. It seems like market players managed to take their minds off global risk aversion. It made the […]