USD (US Dollar)
BTC/USD - weekly Analytics + Altcoins 27.12.2021Locally, bitcoin has formed a correction on the uptrend, also a false break from the level of 50.200 was drawn, which significantly increases the chances for the continuation of growth of quotations, the moderate pessimism of investors further confirms this idea.
We single out TRON as the most promising coin for the development of a stable growing trend. Also in the coin Algorand(ALGO) the probability of growth of quotations is increased.
$LUNAUSD Holograph Point A on the cypher will act as an inflection, it may rip up to target D, or it may respect spirals and pullback. Angles 28 and 108 converge on 13.81 x 1/28/22 with cypher confluence. There are also target areas on C (14.44 x 4/14/22) and D 93.6 x 9/3/22.
EURUSDCurrently price is ranging in daily time from, we should expect either break out or break down only then we can decide our bias of the market
If price broke the Green Horizontal line marked in chart , we can expect bullish move for the day
if price broke the red horizontal line marked in chart, we can expect the bearish move for the day
💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 250.6
TP2= @ 268.6
TP3= @ 288.6
TP4= @ 317.7
TP5= @ 344.9
SL= Break below S2
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BTC/USD - weekly Analytics + Altcoins 20.12.2021
Since 07.12.2021 bitcoin continues to be in correction to the main upward movement from 04.12.2021, investor sentiment is at pessimistic levels, these factors increase the chances of quotes ascending. On the whole, in our opinion, the situation looks stable.
We single out TRON as the most promising coin for the development of a steady growing trend. Also the probability of growth of quotations is increased in Algorand(ALGO) coin.
💡GOLD (XAUUSD) - Weekly Technical Analysis Update Midterm forecast:
While the price is above the support 1762.98, resumption of uptrend is expected.
We make sure when the resistance at 1874.88 breaks.
If the support at 1762.98 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1752.85 on 12/15/2021, so more gains to resistance(s) 1804.23, 1814.96, 1834.65 and maximum to Major Resistance (1874.88) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 52.
Take Profits:
1790.08
1804.23
1814.96
1834.65
1874.88
1959.30
2000.00
2075.05
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💡Don't miss the great buy opportunity in FTTUSD @FTX_OfficialTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38.68).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FTTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 69.
Take Profits:
TP1= @ 40 .73
TP2= @ 41.74
TP3= @ 42.99
TP4= @ 44.28
TP5= @ 46.85
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330. 01
TP2= @ 369. 40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
SL= Break below S2
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usdinr hugely bullish butterfly I am expecting much spike in USDINR and is headed for 76.639
trade at your own risk
💡Don't miss the great buy opportunity in EURUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1283).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1323
TP2= @ 1.1347
TP3= @ 1.1373
TP4= @ 1.1432
TP5= @ 1.1463
SL= Break below S2
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BTC/USD - weekly Analytics + Altcoins 14.12.2021From December 7, 2021 till now bitcoin quotations continue to be in correction and more likely after its completion we will see the price ascent. The pessimistic moods of players concerning the market are additional confirmation of this idea, because in most cases at market peaks the crowd stands in the opposite direction.
We single out TRON as the most promising coin for the development of a steady growing trend. Also Algorand(ALGO) coin has an increased probability of growth of quotations.
USDINR facing final resistance before new highFX_IDC:USDINR chart for the post corona fall phase shows that the present level is at;
A) 78.6% Fibonacci extension level from the Feb 2021 bottom
B) Resistance line of upward channel formed since May 2021
The intersection level at 75.96-75.98 is playing as the last resistance point before its move to lifetime high of 77.
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (14.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 14.6083
TP2= @ 15.0000
TP3= @ 15.4872
TP4= @ 16.0000
TP5= @ 16.7306
SL= Break below S2
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USDINR Rising WedgeUSDINR gave a fantastic rally,
however, now the price is narrowing upwards, causing a wedge pattern.
its time for the breakdown of the wedge, if it does, good short trade activates.
💡Don't miss the great buy opportunity in GALAUSD @GoGalaGamesTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5367).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GALAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.6169
TP2= @ 0.6787
TP3= @ 0.7483
TP4= @ 0.8403
TP5= @ 0.9000
SL= Break below S2
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💡Don't miss the great buy opportunity in BTTUSD @BitTorrentTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.003206).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.003432
TP2= @ 0.003595
TP3= @ 0.003774
TP4= @ 0.003945
TP5= @ 0.004203
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️