Technical Analysis

The daily chart for Bitcoin (#Bitcoin, Daily) reveals clear dominance by buying pressure. The price is moving along an upward trajectory, governed by a structured technical framework defined by monthly pivot levels and the angles of intersecting price channels. First: Deconstructing the Chart’s Technical Structure Price Behavior and Current Range: The price is trading steadily […]

Gold is locked in a classic technical battle as buyers and sellers test key levels defined by short-term and daily moving averages, retracement levels, and prior swing points. Looking at recent price action, gold continued the rally that began at Wednesday’s weekly low. That move bottomed near the 61.8% retracement of the advance from the

Crude oil is trading around $97.98, reaching a strong support zone very close to the lower band of the uptrend channel. Therefore, we believe that crude oil could resume its uptrend in the coming days, and we could look for buying opportunities if the price reaches $97, with targets at $100 and, ultimately, the strong

USDJPY buyers had their shot—and ran into the targeted resistance. In the morning video, I outlined the falling 200-hour moving average at 154.90 and the swing area between 155.04 and 155.21 as upside resistance targets that should attract willing sellers. The price subsequently moved into that resistance cluster, reached 155.21, and stalled. Sellers leaned against

Trade Analysis and Trading Advice for the Japanese Yen Due to low market volatility, the levels I identified were not tested, so I did not enter any trades. The recent sharp rise in the yen has ended, but it has brought the carry trade back into focus. The question now is whether large-scale unwinding of

Crude oil futures are trading sharply higher as tensions in the Middle East continue to escalate and concerns grow about the security of global oil supplies. Yesterday, U.S. forces said they destroyed five Iranian oil tankers after Iran launched missile attacks against a U.S. warship. Iran responded by targeting a U.S. base in Jordan and