Lingrid | EURNZD reached DEMAND zone. Potential LONGOn the daily timeframe, FX:EURNZD has reached the demand zone. The sideways movement around key level at 1.75000. This suggests that the bearish momentum has slowed down. Notice that the price action is creating a narrowing triangle pattern, which implies that the price is consolidating and preparing for a breakout. It makes sense to consider buying at the bottom and selling at the top of this consolidation zone. I believe the market is poised to break through the range zone, leading to a potential pullback on the 4H chart. My goal is resistance zone at 1.75300
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Signalsprovider
World gold prices plummeted as the USD continued to demonstrate Gold charges stay inspired specially through US hobby fee expectations. And the stableness in latest classes displays the dearth of robust alerts at the Fed`s economic coverage.
World gold spot charge stands round 2,318.7
World gold charges plummeted because the USD persevered to illustrate its electricity in comparison to maximum different currencies withinside the world
Gold charge dropped sharply specially because of the boom in USD charge. DXY index
The Fed nevertheless follows the fashion of delaying hobby fee cuts to await US macro alerts, specially inflation data.
Investors are expecting statistics approximately the private intake expenditure charge index (PCE), anticipated to be introduced this Friday. This is an crucial degree of the fitness of the United States economy, utilized by investors, economists and policymakers to assess the effectiveness of economic coverage and forecast trends. destiny monetary direction.
Lingrid | USDCAD trend CONTINUATION OpportunityThe price perfectly fulfills my last idea. It hit the target level. The price has broken through the support levels, ending the consolidation phase and triggering a downward extension. The recent rejection candles at the resistance zone suggest that bears are gaining strength. On the 1H chart, the market is clearly in a downtrend, and I expect a further decline if the price rolls back to the resistance zone. On the 4H chart, the market is situated within a large consolidation zone, and the price is heading towards the bottom. My goal is support area 1.36210
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AGIXUSDT(SingularityNet) Daily tf Range Updated till 25-06-24AGIXUSDT(SingularityNet) Daily timeframe range. it had a retrace back close to 0.7509. it needs a little bit more volume for to break over 0.7509 clean which can later lead to 0.9955. local retrace point is at 0.4835.
GBPUSD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone
GBPUSD moving higher as it tests the strong resistance level..
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Lingrid | BITCOIN in the PROLONGED CONSOLIDATION zoneThe daily chart shows that BINANCE:BTCUSDT remains in a consolidation zone, with the market approaching the bottom of the zone. The price is testing the global upward trendline and a key support level that has been a frequent bounce point in the past. I believe the market will likely resume its upward trajectory, given that it's simply in a sideways move. However, if the price breaks and closes below this support level, we can expect a significant drop to around 57,000. I expect the price to reject this support level and then move upward to retest the top of the range. My target is the resistance zone at 68,000.
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Lingrid | TONUSDT buying OPPORTUNITY following CORRECTIONThe price perfectly fulfilled my previous idea. It bounced off the support level and hit the target. The price of OKX:TONUSDT has reached its all-time high levels, but unfortunately, it failed to sustain above the psychologically significant level of 8.00, leading to a significant pullback of around 16-17%. This decline has resulted in a substantial correction, and I believe this pullback will lead to a period of sideways movement. On the weekly timeframe, the market remains contained within its previous week's range zone, which suggests a potential consolidation zone. While we cannot discount the impressive bullish move seen in recent months, I expect the market to consolidate for a short period before continuing its upward trajectory. My goal is the resistance zone 7.560
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TWLO Twilio Options Ahead of EarningsIf you haven`t bought TWLO before the previous earnings:
Then analyzing the options chain and the chart patterns of TWLO Twilio prior to the earnings report this week,
I would consider purchasing the 62.50usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Lingrid | GBPUSD Channel Breakout. Short from RESISTANCE zoneFX:GBPUSD has broken out of upward channel and is likely to pull back to retest it. The market was previously ranging, then broke through the support level, creating a strong bearish momentum. The price has been repeatedly rejected from this resistance zone around 1.2700, forming fakeouts and long-tailed bars. I expect the market to retest this resistance zone and then roll back towards the support level from the channel border. My goal is to support level at 1.25800
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Lingrid | GOLD possible CORRECTION and trend CONTINUATIONOANDA:XAUUSD market has broken out above the trendline and key level at 2330. A double top pattern, accompanied by divergence, suggests that a correction may be imminent. Following the significant sell-off from the 2390 level, I expect the market to consolidate within the range of 2380-2350. As the price has broken out of this range zone below, it's likely to retest the broken level before making a move upwards. However, if the market retests the support area between 2330 and 2340 and rejects it, we can look for buying confirmation, because the price is currently near the resistance zone. My goal is the resistance zone around 2377.
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Lingrid | EURUSD shift in the TREND. Downward MOMENTUM continuesThe price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently forming a double bottom pattern after its recent channel breakout. On the 1H timeframe, the market has been trading sideways since the Asian session, suggesting a potential pause in the bearish momentum. Given that the markets often consolidate after significant moves, I expect the EUR to continue moving sideways for now. However, if the price pulls back to the resistance zone around 1.07400-1.07600, I anticipate a bearish trend continuation from this level. My goal is the support level of around 1.06600
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Lingrid | GBPCHF Head and shoulders PATTERN. ShortFX:GBPCHF has broken out of the upward channel, indicating a potential shift in the trend. Notably, the price has also broken the key level of 1.14000, which had held the price above for two months. Furthermore, a reversal pattern known as a head and shoulders formation has emerged, and the price has recently broken through its neckline, providing bearish confirmation. Given the fake breakout on the daily timeframe, I anticipate an impulsive decline may be imminent. I expect the price to retest the resistance zone follwed a bearish move. My goal is to support level around 1.11210
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Lingrid | GOLD selling OPPORTUNITY from STRONG RESISTANCEThe price missed the target by couple of point from the last forecast. Currently, OANDA:XAUUSD is pulling back from the resistance zone after testing the channel border. The market is correcting against the current bearish trend, but the price action remains within the consolidation zone. With high-impact news today, I believe it could potentially play out in favor of gold. If the market rejects the resistance zone around 2350-2355, I expect a rebound to occur, potentially retesting the bottom of the range zone. My goal is the support level of around 2305
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Lingrid | EURGBP bearish TREND. ShortThe price perfectly fulfilled my last idea. It hit the target. FX:EURGBP is currently trading within a descending channel, and after testing the support level and making an impulse leg down, the price has pulled back towards the resistance zone and trendline. I believe that given the bearish major trend on the daily timeframe, it's likely that the market will continue to move downward. The price is currently near the resistance zone and trendline, which suggests that it may struggle to break through these levels and maintain its downward momentum. My goal is to support at 0.84200
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Lingrid | GBPAUD potential CHANNEL Breakout. ShortThe price perfectly fulfilled my last idea. The market has fallen out of the main resistance zone, and the FX:GBPAUD is currently trading around the psychologica level of 1.9200. Furthermore, a head and shoulders pattern is emerging, indicating that the market may be poised for a downward move. Given that the market previously consolidated between 1.8900 and 1.9300, I believe it may be headed to test support levels once again. I'm expecting a channel breakout followed by a bearish move towards the next round number at 1.9000. My goal is to support level at 1.90390
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AUDCAD Sell/ShortAUDCAD looks like a good signal from here that has bounced off resistance, came back a bit, and seems to not be a strong higher low for AUDCAD. Our analysts and myself am calling a sell short here due to the fact this pair has repeated multiple patterns in the same way in the last few months and as well it has the best risk/reward ratio I have seen so worth the bet to make. Please follow the entry, SL, and TP. Please make sure to follow our page for more daily signals!
Lingrid | GOLD potential BULLISH move from SUPPORT levelOANDA:XAUUSD reacted unfavorably to the resistance zone, failing to generate a strong bearish move and instead reinforcing the sideways trend. However, upon examining the 4H chart, we see a series of strong bullish candles and gradual pullbacks that have formed higher lows. With no high-impact news on the horizon for today, I anticipate a continued consolidation phase. Nevertheless, I expect the market to move down towards the upward trendline, potentially triggering a subsequent bullish move tomorrow if the price action confirms a buy signal. My goal is resistance zone at 2350.
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Lingrid | GOLD Weekly MARKET Technical ANALYSISOANDA:XAUUSD market remains in a consolidating phase, characterized by lower highs and higher lows in the shape of triangle. The price has bounced off the 2300 support level, which also has psychological significance. On the daily chart, the price remains within the previous Friday's range. Based on this, I expect the market to continue consolidating between the top and bottom of this range zone.
Looking back at April's chart, we can see a prolonged consolidation period, and I believe the market may stay in this range zone until we see another surge or sell-off that sets a clear trend. If the market breaks through the downward trendline, we could expect a further move upwards to the 2400 level. However, I anticipate a bearish move on Monday, with a likely continuation of sideways movement.
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