After opening yesterday, it rose sharply and set a new high again. It reached a high of around 3167 and then began to retreat. It continued to fall until the US market, and fell sharply to around 2054, a drop of about 113 US dollars, which was also the largest drop in a long time. However, it rebounded sharply again, reaching a high of around 3136, and the increase reached 82 US dollars again, a roller coaster-like large range sweep From the 4-hour analysis, pay attention to the short-term pressure of 3115 on the top, focus on the pressure of 3130-35 on the bottom, and pay attention to the support of 3083-3087 on the bottom. Temporarily participate in the high-altitude and low-multiple positions in the range.
FIL/BTC just posted a massive volume spike after a prolonged downtrend, indicating a potential shift in the supply-demand balance. With trading activity at its highest in recent weeks, the pair could be gearing up for a strong rebound if bullish momentum holds. Keep an eye on whether price can stay above key moving averages and previous resistance levels—if so, it may confirm a trend reversal and pave the way for further upside. Stay cautious, though; sudden surges sometimes trigger rapid profit-taking before the real rally begins.
The pair hits a fresh year high on board-based Euro buying. Intraday bias remains bullish as long as support 0.8380 holds. It hit an intraday high of 0.85014 and is currently trading around 0.85008. Technical Analysis The pair is currently trading above the 34- and below 55-EMA on the 4-hour chart. Bearish Trend Confirmation: Any break below 0.84500 confirms an intraday bearish trend. A drop to 0.8400/0.8380/0.8300 is likely. Near-Term Resistance: It broke major trend line resistance (trend line joining 0.87564 and 0.86251). A jump to 0.85405 (200 W EMA)/0.8600 is possible. Indicator Analysis (Daily chart) CCI (50): Bullish Average Directional Movement Index: Bullish Trading Recommendation It is good to buy on dips around 0.84950-98 with SL around 0.84480 for a TP of0.8600
Just as expected, gold market mitigation was rejected at 3135—just 5 points out. With NFP on the horizon, a stronger dollar is being proposed in the short run, which may set the stage for a massive bullish build-up. Eyes on the market as volatility unfolds! follow for more insights , comment and boost idea
This EUR/USD 1-hour chart showcases a classic Bull Flag Pattern , a strong continuation formation indicating the potential for further upside momentum. - The pair experienced a sharp bullish impulse move, forming the flagpole. - The price then entered a consolidation phase within a downward-sloping channel, forming the flag. - A breakout above the upper trendline of the flag could confirm a continuation of the uptrend. Traders should monitor key resistance levels and volume confirmation upon breakout. A successful retest of the flag's resistance as new support could provide a strong buying opportunity, with the next target potentially aligning with the flagpole’s measured move projection. As always, apply risk management and consider additional confluences such as Fibonacci levels, moving averages, or fundamental factors.
PEPE needs to consolidate after that major correction. Finishing our x of a harmonic flat. looking for reset of the rsi and building angle for break out later this year. good luck. wait for the right spot
The USD/JPY pair has been trending lower, reflecting recent weakness in the US dollar and renewed strength in the Japanese yen, which is often viewed as a safe-haven asset in times of uncertainty. In addition, markets appear to be pricing in potential policy divergence between the Bank of Japan (BOJ) and the US Federal Reserve, contributing to recent moves. It’s worth noting that upcoming US employment data may have a significant impact on this pair, potentially increasing market volatility. From a technical standpoint, several scenarios may unfold: • The pair could approach the 146.5 area, where signs of resistance have previously emerged. If bearish momentum continues, it may revisit the 143.5 region. A break below this level could see the pair testing the psychological 140 mark – a zone that, historically, has attracted buyer interest. • Alternatively, if the price moves above the 143.7 level and establishes support, it could indicate a shift in short-term sentiment. In such a case, a potential move towards the 150 level may be observed, particularly if supported by stronger-than-expected US employment figures. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Finance minister Nirmala Sitharaman anounced that six-year mission on high-yielding seeds will be launched to boost pulses output
Its time recorrect the price to 3115 and then pump to 3145
Pre market at 250 right now is just about pas support line, a Continuation of short til 220 at least is fully plausible. Just. bc its friday i wouldnt want to hold short til monday pre with how volatile the market movement is then. so be careful and prepared for a daily short position at least after seeing marker reaction and price movement confirmation. NASDAQ:TSLA