EURUSD: 2 Years Moving Inside a Wide Trading Zone EURUSD has been moving within a wide trading zone between 1.0450 and 1.1250. This range of about 800 pips has been developing for nearly two years. The pattern began in November 2022, and recently, the support zone around 1.0450 has once again proven to be strong. On the daily chart, EURUSD appears to be starting a bullish trend. The first resistance zones where the price may pause are near 1.0690, 1.0800, 1.0950, and close to the top of the range at 1.1250. 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❤️
Weekly: https://www.tradingview.com/x/gFq4QjgB/ Daily: https://www.tradingview.com/x/kBiDMoIY/ 4H: https://www.tradingview.com/x/OgAsPYCl/
Weekly: https://www.tradingview.com/x/ewx6KtW7/ Daily: https://www.tradingview.com/x/3jrQVqDW/ 4H: https://www.tradingview.com/x/XtgBrmEH/
Risky trade, small stop, high reward. 3 TP, can even up 20% - 30% soon. Booth trades have the stop at 0.52848. Protect the trade as soon as possible. TP: 0.70, 0.80, 0.90.
GBPJPY remains in a strong downtrend but is approaching daily support levels, making caution essential. The risk-to-reward ratio favors a downside move between 191.75 and 192.63. If the price turns lower from these levels, a retest of the low 190.46 would be a reasonable expectation. However, a push above 192.63 could signal the start of a reversal. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
dis one gonna go up round 2x from current spot before more x's after
Algorand has finally caught an upward spike after being rather stable at its lowest value for close to 2 years. In the current Alt market, people are looking for: - Relatively small market cap - Previous ATH to be much higher than current value - A long stable bottom, but a good sign of upwards potential Algo was tricky for a long time, skipping most of the upwards trend so far until now, exploding with a big move. This can also be worrisome as a correction usually follows big moves like this. Here is why I dont think a correction will actually follow: - Trading volumes are mostly for buys above the 0.30$ mark - Most volume was between 0.37-0.47, with a lot of selling happening there It does seem like most people are just getting on the ride. Things to be careful about: - Algorand does not have the same amount of currency in circulation now as it did back in 2022 2022: 6.95B 2024: 8.3B Which does mean that its nearing its full amount of market cap/currencies in circulation, but people have been staking Algo for a few years now and receiving Algo according to the release schedule. I expect people to partially sell as Algo hits the 0.70$ and the 1$ marks. If you plan to hold Algo long term, careful not to buy too much above those numbers for now, as a large correction will be very likely. Its not at all unlikely that Algo can print an ATH during this run, lets see what December brings us. Good luck trading, and don't forget to place targets and stop losses. And remember, this is not a financial advise, trade at your own risk.
Let's see how this will perform! this is not a trading signal, it is just a prediction :)
Apple just broke the highest of all time and created a support on the previous resistance point. It seems the bearish structure was a breather in order to escalate further to where it intended to move. If on Monday it keeps the movement bouncing positively on the new support, I expect apple to reach $240+ this week. Watch out for some major news suddenly appearing within Tuesday or Wednesday to be able to justify the new highs.
EDU has been going in sideways since approximately it's issuance. I think it's performing a bullish pattern to target either a new ATH or to reach the tops. Passing $0.74 is a confirmation of the idea. Breaking $0.47 is a stop-loss and invalidates the idea.