Momentum: BullishPrice is currently above the ichimoku cloud. Buy entry: 1.37727– Pullback support– 50% Fib retracement– 61.8% Fib projection Stop Loss: 1.37503– Swing low support Take Profit: 1.38000– Swing high resistance High Risk Investment Warning Stratos Markets Limited (fxcm.com/uk), Stratos Europe Ltd (fxcm.com/eu):CFDs are complex instruments and come with a high risk of losing money…
Amidst the chaos and extreme volatility of the past 2 weeks, WTI Oil (USOIL) seems to be stabilizing. Not ‘trusting’ it of course completely due to the fluid geopolitical situation but on the short-term it did break below its 4H MA100 (green trend-line) for the first time in 1 month, giving us a pattern to…
The broader view for the index from the 2008 low remains bullish, as price action holds above the 96 mark and the lower bound of the respected 18-year channel. A possible double bottom formation can be seen extending on the chart between the lows of June 2025 and January 2026, testing the 100.50 neckline. Bullish…
The FTSE continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a loss of support, potentially setting up for another move lower if resistance holds. Key Level: 10,160This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 10,160 would…
Market Overview The crypto market cap has increased by 0.3% over the past 24 hours to $2.43 trillion. The market’s ability to hold at recent highs while maintaining low volatility is a sign of buyer confidence and readiness for a further rally. Conversely, bears may be merely allowing these fluctuations for now, as the market…
Support has been challenged, pierced and tested… It continues to hold. Good morning my fellow Cryptocurrency trader, I hope you are having a wonderful day. Bitcoin looks great. On this chart, we can draw an inverted head and shoulders pattern based on the recent struggle around support. This pattern would be quite pronounced on the…
Gold Analysis: 4-hour chart resistance: 4736, support: 4100. 1-hour chart resistance: 4600, support: 4320. Technically, after ending its continuous decline, gold rebounded yesterday. The daily RSI indicator turned upward after testing below 30. The price found support after breaking through the lower Bollinger Band. On the 4-hour chart, the RSI indicator, after being oversold below…
we’ve seen price today break and close above h4 highs 4490 which gave us that shift in short term direction, after that price continued pushing higher with strong momentum and didn’t give any real pullback early so no clean setup was presented on the intraday timeframe price has now left 2 imbalance zones, first one…
📊 On Tuesday, the U.S. Senate voted 53 to 47 to reject the third war powers resolution this month aimed at restricting President Trump’s military actions against Iran. The resolution was spearheaded by Democratic Senator Chris Murphy of Connecticut. The vote largely split along party lines, with only Republican Senator Rand Paul of Kentucky voting…
The US dollar index is consolidating at high levels, maintaining its strong position and exerting continuous downward pressure on gold prices, diverting funds and limiting the upside potential. MACD (12,26,9): On the 1-hour chart, the upward momentum is slightly increasing, with the two lines crossing the zero line and opening upwards, indicating strong short-term rebound…
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