Firstly I would like you to put your focus on the greenish rectangle which in this case represents the daily fair value gap(SIBI), for the past 2 days price has failed to close above the midpoint of the daily SIBI indicating that price is setting up to deliver price lower as confluence the Dxy as provided a break higher, now moving to our hourly chart we can see a bigger candle with a massive wick(gap) lower.
you can go short now general trend is down symbol under pressure have fun :)
On EUR/USD , it's nice to see a strong buying reaction at the price of 1.07080 and 1.06270. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
Bitcoin’s daily chart shows a key technical shift with the loss of the 200-day moving average (red line), which is now acting as resistance. The 200 MA had been a crucial support level throughout the recent correction, but Bitcoin failed to hold above it, reinforcing bearish pressure. Price dropped as low as $80,027 before bouncing strongly, indicating buyers are stepping in at lower levels. However, the 200 MA will remain a major barrier that bulls need to reclaim to shift momentum back in their favor. A potential bullish divergence is emerging on the RSI – price made a lower low, but RSI held a higher low and is now rising from oversold territory. This would be confirmed with a clear upward elbow on the RSI and a higher close today, which could signal that the downtrend is losing strength. Volume on the recent bounce has been relatively strong, suggesting that buyers are defending lower levels. For bulls to regain control, Bitcoin needs to close back above the 200 MA and reclaim the $85,000 support level. Failure to do so could lead to a retest of the recent lows around $80,000 - or down to the low 70s as many are predicting.
Following crude oil’s rebound from its September 2024 low of $65.20, the risk of a reversal remains uncertain amid ongoing bearish pressures. Key Events This Week: Chinese deflation risks OPEC monthly report US CPI data Trade war developments Potential Scenarios: ? Bearish Scenario: A clean break below $65 could extend losses toward $63.80, a key level that may determine whether the market holds neutral and rebounds or breaks further into a steeper bearish trend towards $62, $60, and $55 (the 0.618 Fibonacci retracement of the 2020–2022 uptrend). ? Bullish Scenario: If the rebound sustains above $67, resistance levels at $68.70, $70.80, and $72.50 could come back into play. - Razan Hilal, CMT
Although the unexpected cold non-farm data last Friday failed to push gold prices above the key resistance of $2,930, the logic of gold's rise has not been shaken - the five core supporting factors of global central banks' increased holdings, continued inflows of ETFs, surge in demand for physical gold, deepening of the U.S. debt crisis and excessive money supply are constantly consolidating the long-term bull market foundation of gold. From a technical perspective, the daily MACD maintains a golden cross and the energy column expands. The weekly big positive line has established a medium-term upward trend. 2,990 is only the first target, and 3,000 or even higher may become the new normal. The short-term market is in a volatile adjustment, but this is a necessary accumulation stage for a healthy rise. The current gold price is repeatedly pulling back in the range of 2,918-2,890, which is essentially a process of digesting previous profit-taking and waiting for new catalytic events. If it can effectively stand firm at the key support of $2,890, it is expected to restart the upward trend and challenge the historical high. It is worth noting that against the backdrop of the continued rise in expectations of the Fed's interest rate cuts, the spillover of geopolitical conflict risks and high global inflation, the dual attributes of gold's "anti-inflation + safe-haven" will continue to attract capital inflows. The general trend is still mainly to go long after falling back to lows. Gold strategy suggestion: continue to go long after falling back to around 2900-2910.
USNAS100 Analysis – March 10, 2025 Technical Outlook: The price is currently consolidating between 19,860 and 20,130 until a breakout occurs. If it stabilizes above 19,860, the market will likely remain in consolidation and push up toward 20,130 as a correction. A 1H or 4H candle close below 19,860 would confirm further downside movement, targeting 19,735 and 19,580. ? Key Levels to Watch: ? Resistance: 20,050 | 20,130 | 20,285 ? Pivot Zone: 19,860 ? Support: 19,745 | 19,580 | 19,000 Previous idea: https://www.tradingview.com/chart/NAS100USD/G0pTKfTj-USNAS100-Continues-The-Decline-Below-Pivot-Zone/
The UK Financial Conduct Authority (FCA) has launched the procurement process to appoint a bond consolidated tape (CT) provider, aiming to enhance market transparency and accessibility of trade data.
Scila AB, a provider of surveillance and risk management solutions for the financial industry, has announced the appointment of Fredrik Backlund as Head of Marketing & Communications.
President Donald Trump has praised Elon Musk for his leadership on the Department of Government Efficiency (DOGE) in a recent address to Congress