https://www.tradingview.com/x/USoHd8Wd/ Hello, Friends! The BB upper band is nearby so NZD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.556. ✅LIKE AND COMMENT MY IDEAS✅
FX:GBPAUD is forming a range with a consolidation target after breaking the base of the ascending triangle. The pound is correcting due to the dollar https://www.tradingview.com/x/buCEzCl2/ Technically, on the daily timeframe we have a strong bullish structure, the price is trying to accelerate after breaking the trend resistance, but against the background of the dollar correction the pound sterling is also making a small pullback. There are no strong fundamental changes and the general direction may continue. At the moment the focus is on ob, located in the zone of 2.0285, as well as the liquidity zone, which is located below 2.0285 + weekly low - 2.015, which also hides a huge pool of liquidity that can be tested. Resistance levels: 2.05088 Support levels: 2.0285, 2.0151 On the background of the uptrend and the correction to the support after the update of the maximum, we can consider the strategy - false breakdown of the support with the purpose of continuation of the growth. Emphasis on 2.0285 - 2.015 Regards R. Linda!
After news that Trump signed a strategic order for Bitcoin reserves, the US is not buying directly but using assets seized earlier. The news hit the market hard. CRYPTOCAP:BTC dropped from 92k to 80k this morning. After falling to 80k, strong buying returned—similar to the previous drop to 78k. SOL might be accumulating between $120 and $130. This range could keep its base strong for the next wave. SOL remains 1 of the few coins with a steady D1 uptrend, even during market consolidation from April-Oct. Large buy orders are concentrated in the $120-$130 range. Whales and big players are betting: • BTC at $80,000 • ETH at $2,000 • ETH at $120-$130 Most altcoins lack strong buying power. They may move sideways or drop as funds focus on US-based bluechips. We’ll see how it plays out. If SOL can’t hold support, the market could face a broader decline. #BTC #ETH #sol #MarketPullback #WhaleAccumulation
USD/CHF 1H - Since our Sunday Sessions video, price seems to be playing out well. As you can see price looks to be accumulating, giving us the suggestion that its preparing to reverse. We want to see the last protected high break to give us full confluence that enough Demand has been introduced into this market to flip the S&D balance, I have gone ahead and marked it out for you all. Once we see price break that high its then a case of waiting for price to pullback trading down and into a fractal area of Demand, this will be where we will look to enter from. We will find this area of Demand by looking at the impulsive wave that breaks the structure to the upside, typically we see an area of interest display itself, giving us retail traders and area to enter from.
⭐️Fundamental analysis The main reason for this weakness is the US dollar (USD) recovering slightly after hitting its lowest level since November. The USD's recovery was due to the market's reaction to the weaker-than-expected US jobs report, creating some pressure on the precious metal. However, growing expectations that the US Federal Reserve (Fed) will conduct more interest rate cuts this year have pushed US Treasury yields lower. This could limit the USD's upside momentum, thereby helping gold prices avoid a deep correction. In addition, concerns about the negative economic impact of former US President Donald Trump's trade tariff policies have also contributed to strengthening gold's safe-haven role. Therefore, investors may be more cautious before making a strong trading decision following the downtrend ⭐️Technical analysis Gold price at the beginning of the week traded sideways in the range of 2899 and 2929, with the fluctuations at the beginning of the week, it is quite difficult for gold to break through this price range. If there is a break from the lower range, gold will find the next strong support zone of 2882. In the immediate future, pay attention to buying around 2899 when there are signs that the candle has not closed above this range. When breaking 2899, just wait to sell today
Well, our long ride on Ethereum has ended in some way for now. Sellers took over fully the trend zone and broke the local 200EMA, where now we are going to need to find some proper support zone from where we could bounce off. For now our eyes are on $2000 and $1500 (if $2000 will not hold it's ground). So if we see a bounce from either of those zones, then we are going to look for a market structure break in order to have a proper trend switch! Swallow Team
If the support trend line is broken, Confirmation for sell is issued. Pay attention to the chart.
Key Levels Identified: Support Zone (~2,875-2,885) ? This is a strong area where price previously bounced. If price falls below this level, it could drop further toward the next support. Resistance Zone (~2,915-2,925) ? Price is currently consolidating around this level. A breakout above resistance could push the price toward the target. Target (~2,950) ? If the price breaks above resistance, the next key level is around 2,950. Potential Scenarios: ? Bullish Scenario: If price breaks above resistance, expect an upward move toward the target (2,950). Confirmation would come with strong volume and bullish candlestick patterns. ? Bearish Scenario: If price fails to hold above support, a drop toward 2,825-2,835 is possible. A strong bearish candle closing below support would confirm this move. Current Trend: The price has been moving in a sideways consolidation between support and resistance. Watch for a breakout in either direction for the next big move.
GBPUSD is currently experiencing rejection from a key resistance zone between the 0.5 to 0.618 Fibonacci retracement levels, around 1.288. This suggests that the pair is undergoing a healthy correction before resuming its bullish trend. A small retest to the downside could provide buyers with a better entry point before the next strong upward move. If support holds around 1.260, GBPUSD may gather momentum for another bullish rally. Fundamentally, the pair remains supported by recent market sentiment favoring the British pound. Positive economic data from the UK and expectations around the Bank of England's policy stance could provide further upside pressure. Meanwhile, the U.S. dollar's strength or weakness will also play a crucial role, particularly as traders anticipate upcoming Federal Reserve decisions and inflation data. Any signs of economic slowdown in the U.S. could push GBPUSD higher. From a technical perspective, traders should closely watch the 1.260 level as a potential retest zone. If this level holds, we could see renewed buying pressure targeting new highs beyond 1.288. A breakout above this resistance could accelerate gains, opening the door for further bullish movement. Keeping an eye on market volume and price action at key Fibonacci levels will be crucial for identifying the best trade opportunities.
In my previous trade last week, i predicted a bearish move, now the price looks to continue its bearish run after it made a pullback WE ONLY TRADE PULLBACKS