The GBPUSD continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a short tern resistance breakout, potentially setting up for another move lower if resistance holds. Key Level: 1.3490This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 1.3490…
š”AUDUSD may still produce some short-term rebound, but the main weekly-chart reading still favors a distribution scenario near the top. šOn the chart, the 0.60ā0.61 region showed relevant buying defense in the past, with notable volume at the lows, which suggests prior accumulation. The 0.64 area then acted as an important structural support/resistance zone before…
Intraday Narrative: NQ has delivered a sell-side liquidity sweep during London, taking out prior lows. In contrast, YM has already swept London lows, creating SMT divergence, indicating relative strength in NQ at the lows. Price is currently trading into a 1H BISI (imbalance), suggesting a potential area of reaction. Holding above this imbalance keeps the…
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…
Here is a more Google Discover-friendly version with a stronger headline, a sharper intro, and cleaner flow: Bitcoin leads crypto higher as bulls test a key breakout zone, while Ethereum follows Crypto is showing renewed strength today, with Bitcoin leading the move and Ethereum also pushing higher. But the more important question for traders and…
Market Overview The crypto market cap has increased by 0.3% over the past 24 hours to $2.43 trillion. The marketās 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…
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