Debates over AI benchmarks — and how they’re reported by AI labs — are spilling out into public view. This week, an OpenAI employee accused Elon Musk’s AI company, xAI, of publishing misleading benchmark results for its latest AI model, Grok 3. One of the co-founders of xAI, Igor Babushkin, insisted that the company was […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hey traders , behold! the new update on EURAUD! Let’s see what happens next week when the market opens!
In this analysis, I want to discuss the KAVA coin, a notable DeFi platform in the Cosmos ecosystem, which currently ranks 129th with a market cap of $472 million. ? Weekly Timeframe We are witnessing a downward trend in the weekly timeframe, where the price has been moving along a descending trend line, with the most recent bottom recorded at the $0.2872 area. ? Currently, a significant price ceiling has been set at $0.6981, and the price has recently been rejected from the descending trend line, likely moving towards the support floor again. ? The support at $0.2872 is crucial, and if broken, the price could set a new historical bottom. For the trend to turn bullish, confirmation will come after breaking the trend line and surpassing the resistance at $1.1434. ? Volume divergence has been observed with the trend for some time now, but this divergence has yet to impact the trend, which continues to persist. https://www.tradingview.com/x/WjF5XLb8/ ? Daily Timeframe In the daily timeframe, we can observe the price movement in greater detail. ⚡️ As you can see, after reaching $0.7197, a corrective phase began, and currently, at the 0.618 Fibonacci level, a significant support has formed, overlapping with the $0.4118 area, creating a Potential Reversal Zone (PRZ). ✅ If the support at $0.4118 is breached, we might witness the next downward leg of the price, which could extend to the 0.786 Fibonacci level, and in case of increased downward momentum, the next target could be at $0.2925. ? On the other hand, for a long-term long position, you could enter upon breaking the trigger at $0.5577, holding the position towards a target of $0.7179. The main trigger for spot buying is also $0.7179, but it is better to get the spot trigger confirmation from this coin’s Bitcoin pair. ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GOLD: Why Might GOLD Continue To Decline Further Based on our last two analyses, the price movements have confirmed our initial suspicions. During the first bullish attempt, Gold reached a new all-time high at $2946.80, but subsequently retraced back below the structure to $2918.46. The following day, Gold increased to $2954.80 before moving back below the structure to $2916.60. For the time being, we had two clear false bullish breakouts. Given the strong price reactions in that zone, the likelihood of Gold continuing its bearish movement up to $2880 is high. However, selling gold remains very risky due to the strong bullish trend. The price could potentially make a new all-time high and break $2955 if significant market manipulation occurs again. Based on the current data, it seems that Gold has a higher probability of moving down this time. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
As we can see in the chart, the price is still floating around the support line and around the trendline. Therefore we have 2 big support levels. SP:SPX
CAD/JPY - The performance of the pair the last week is -2.53% last month -3.60% and the last three months -5.12%. 12.2.2025 - 13.2.2025 price hit at SMA 30 CLOSE and fall more than 3% in range. On Friday 21.2.2025 price close bellow our last demand zone. We can expect Japanese Yen get stronger the next days and price fall to the demand zone of 13.9.2024 - 18.9.2024 and even lower at the lowest of 5.8.2024
Sorry, Its a long idea because I am covering the weekly outlook and annual update. I wanted to branch off into QQQ but it was too long so I just cut it haha. I will do other ideas over the weekend for probably QQQ and NVDA. Thanks for watching! Safe trades everyone!
If BTC fails to make a new all time high then we are looking at a classic Head and Shoulders pattern.
GBP/AUD pair has formed a descending triangle pattern. In this pattern, the price is bouncing between a consistent 1.9610 support level and a declining resistance line. The support 1.9610 remains same, while the resistance is getting lower, showing that sellers are getting stronger. Currently, the price is moving within this triangle, testing the support multiple times while facing resistance at the lower highs. The price recently broke out from a smaller downward movement within this pattern and is approaching the triangle resistance for the fifth time.
As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 ! And after that continue bullish waves !