Bitcoin dipped yesterday and used the rising 100-hour moving average as a springboard. Buyers leaned against that level, defended it, and turned price action higherāa move that has extended into todayās session. Importantly, the rally has pushedāand heldāthe price above the 50% midpoint of the 2026 trading range at $78,978, marking a clear shift in…
The EURUSD and GBPUSD have both pushed to fresh session highs in the North American session, but the technical story diverges beneath the surface. For EURUSD, the move higher ran into a key confluenceāa trifecta of resistance defined by the 100-hour, 200-hour, and 100-day moving averages, all clustered near 1.17078. The pair briefly extended to…
has shot back up past the $80,000 mark and even reached the $81,000 level for the first time in three months. Even though the market seems to be going bullish, the on-chain data is saying the opposite. On-chain activity has fallen to a 2-year low. Bitcoin Experiences Weak Network Activity Recently, Santiment made an X…
The USDCAD is down modestly on the day, slipping -0.07% after an early push higher failed to gain traction above key resistance. The pair briefly moved above its 100-hour moving average and into a swing area between 1.3620 and 1.36305, but the lack of follow-through opened the door for sellers to reassert control into the…
The Reserve Bank of Australia raised its cash rate by 25 basis points to 4.35% at its latest meeting, reversing the three rate cuts seen in 2025. The central bank signaled that, after recent tightening, policy is now well-positioned to respond to incoming data, with the Board focused on its mandate of price stability and…
The USDJPY tumbled sharply last week after intervention fears out of Japan surfaced as the pair pushed above the 160.00 level. That warning triggered aggressive selling, driving the price down to 155.46ājust ahead of the 61.8% retracement of the move up from the February 12 low (155.505). Buyers leaned against that level, and the pair…
Market Overview The crypto market capitalisation has continued to hit new highs since early February, reaching $2.67 trillion. This time, the movement was not uniform, consisting of individual surges led by (+29%), followed by (+4.5%) and Basic Attention (+4%). The underperformers include (-5.5%), (-2.1%) and (-1.6%). The sentiment index has reached 50, the midpoint of…
Analysis:BTC/USD has rallied strongly after multiple CHoCH (Change of Character) and BOS (Break of Structure) confirmations, showing clear bullish market structure. However, price has now entered a major resistance zone near 80,765, where sellers are reacting aggressively. š What stands out: ā Strong bullish momentum pushed price into premium supply/resistance.ā Price is showing rejection candles…
Technical Setup: ā¢ā CHoCH Confirmed: Market has shifted character, showing bullish intent. ā¢ā Liquidity Hunt: Price is currently retracing to sweep liquidity below the internal lows. ā¢ āGolden Zone: Entry is aligned with the 0.618 Fibonacci level and a high-probability Demand Zone. ā¢ āConfirmation: RSI is monitored for an oversold bounce inside the blue box….
Helo Fellow Traders. I’m currently looking at a setup on Gold. Please tell me your thoughts. Set-up: Short HTF: Monthly – Bullish / Weekly- Bearish / Daily Bearish with current candle bullish. LTF: Bearish, 1 Hr counter trend bullish. Entry rules: Waiting for price to reach the double top retrace of $4589-$4570. Once price is…
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