Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments? Some days ago price rose to the resistance area, after which it dropped to support area inside wedge. Euro turned around and started to grow near support line of wedge and later it reached $1.0390 level and broke it. Next, price rose to resistance line of wedge and then made a correction movement to $1.0390 level and exited from wedge. After this, price broke $1.0390 level and made a strong gap, after which it started to grow inside a triangle. In this pattern, Euro rose to resistance line, some time traded near, and then in a short time fell back to support line. In my mind, Euro can bounce up from support line to $1.0430, exiting from a triangle and breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin (BTC/USD) in an upward channel, with the price currently at 96,904.63. Key levels to watch: - Support Zone: The strong support is around 91,334.05, where a potential buy opportunity could emerge. - Retest Area: The price may also retest the 100,941.20 level before pushing higher. If the price holds above the support, Bitcoin could rise back towards the 107,669.49 resistance.
Here the detailed structure of eurcad Trading in a parallel buy channel Failed to pump in sell side More buy expected to sweep high
XAUUSD, which represents the price of gold (XAU) against the US dollar (USD), is currently trading at 2860. The target price is set at 3000, indicating a bullish outlook. The market is following the support and resistance pattern, a common technical analysis method. Currently, a small retesting phase is occurring, where the price is momentarily pulling back before resuming its upward trend. This retest is a natural market movement that helps confirm the breakout strength. If the support holds, buyers will likely push the price toward the 3000 level. The psychological resistance at 3000 might cause some fluctuations. However, if momentum remains strong, the price could surpass this level. Traders should monitor volume and market sentiment for further confirmation. Proper risk management is crucial, as unexpected reversals can occur.
https://www.tradingview.com/x/Z53V9Bmo/ Take a look at our analysis for US100. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 21,473.9. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 21,049.7 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Based on the recent price action and chart structure, Rebel Cars has broken out of a prolonged downtrend, signaling a potential trend reversal. This technical setup suggests that the price could move towards the key resistance levels at 0.019192 and 0.02418 in the coming sessions. 1. Breakout from Downtrend Line The chart shows a well-defined downtrend line that has now been broken. A breakout like this, especially when accompanied by increased volume, often signals the beginning of a new bullish cycle. 2. Key Support & Resistance Levels Major Support Zone: 0.012005 - 0.013262 This range has acted as a strong demand zone, where buyers have entered aggressively. As long as the price holds above this area, bullish momentum remains intact. Key Resistance & Price Targets: First Target: 0.019192 Second Target: 0.02418 These levels represent historical resistance zones where selling pressure might emerge. 3. Technical Indicators (MACD & Volume Confirmation) MACD Indicator: A bullish crossover is forming, indicating a shift in momentum toward the upside. The increasing histogram bars suggest growing buyer strength. Volume Analysis: A spike in trading volume confirms institutional buying interest. If volume remains strong near resistance levels, the breakout continuation is more likely. 4. Market Outlook & Price Action Expectation The current breakout signals the beginning of an uptrend, with the first target at 0.019192 and a potential continuation toward 0.02418. If the price stabilizes above 0.013262, buyers will likely maintain control. Traders should watch price reaction around 0.019192, as a temporary pullback might occur before pushing higher toward 0.02418. ? This analysis is provided by the Brokerir Technical Team and is for educational and analytical purposes only. Investors should conduct their own research and risk management before making any trading decisions.
Price went up and completely filled in the Daily Liquidity Void from January 24th and strongly rejected the range. In doing so, price breached the Previous Weekly High and created a big 4H displacement candle. These are the two conditions that move price, Liquidity & Inefficiencies. For this week to come I expect lower price with the major draw on liquidity being the Previous Monthly Low.
This is a very positive signal and long term for institutional investors . Three consecutive wave degrees show a clear POSITIVE trend which that the target has not yet been reached. Buying in the $162.60 price range can be attractive and low-risk.
TOMUSDT is currently trading within a potential descending channel, with price approaching the bottom boundary of the structure. A successful hold at this level could trigger a bullish reversal, aligning with the projected move on the chart. However, any breakdown below the buyback zone would invalidate the setup and could lead to further downside continuation. Price reaction at this key level will determine the next major trend direction. Let us know your thoughts on this setup.
Hi folks today I'm prepared for you Gold analytics. Not too long ago, the price broke through Support 2, which aligned with a support zone, and dropped down to the trend line. Following this move, the price began climbing along the trend line, but later it broke below it and fell further. Afterward, Gold rebounded to Support 2, broke it again, reached the trend line, and continued to rise from there. For a considerable period, the price was rising just below the trend line. However, after some time, Gold partially broke above this line but then resumed moving upward while staying below it. Eventually, the price broke through Support 1, which also coincided with a support zone, made a retest, and rebounded, finally managing to break through the trend line. From there, the price rallied from the trend line up to 2880 points, made a correction back to the trend line, and recently resumed its upward movement. In my view, XAU/USD may correct back to the trend line before continuing its ascent. With this in mind, my target is set at 2910 points. If you like my analytics you may support me with your like/comment ❤️