Posts de SolidECN

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Apr 04, 2022 at 08:57

Gold, rising US Treasury yields are pushing the instrument lowerGold prices are developing "bearish" dynamics, testing the level of 1920.00 for a breakdown. XAU/USD builds on the downward momentum that was formed at the end of last week, when the US currency received support after the publication of a strong report on US Non-Farm Payrolls and an increase in Treasury yields amid market expectations of a tightening of the US Federal Reserve policy, which could become a catalyst for raising interest rates soon.As expected, the economy created a little less than 500K new jobs, but at the...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Apr 04, 2022 at 08:57

GBPUSD, the pair is in a correction, a fall is possible.On the daily chart, the first wave of the higher level (1) formed, and a downward correction develops as the wave (2), within which the wave and of (2) formed, and a local correction developed as the wave B of (2). Now, the wave C of (2) is developing, within which the wave iii of C has formed, a local correction has ended as the wave iv of C, and the wave v of C is developing. If the assumption is correct, the pair will fall to the levels of 1.2833–1.2500. In this scenario, critical stop loss level is 1.3301.

Crypto Analytics by Solid ECN dans Crypto Apr 01, 2022 at 12:48

Cryptocurrency market reviewThe cryptocurrency market started the week with an attempt to grow but then moved to a decline and lost all the gained positions. BTC is currently trading around 44500.00 (–3.4%), ETH is at 3200.00 (+0.9%), USDT is around 1.0003 (–0.01%), BNB is at 420.00 (–2.5%), while USDC is around 0.9998 (+0.02%). The total capitalization has decreased to 2.066T dollars, and the share of BTC has fallen to 41.3%.The struggle between two trends continues in the market: hopes for an influx of investments in the sector due to global financial instability and fears ...

Crypto Analytics by Solid ECN dans Crypto Apr 01, 2022 at 09:12

The ADAUSD pair continues to correct upwards in relation to the long-term uptrend.Currently, the price is testing the 1.2207 mark, consolidation above which will give the prospect of further growth to the levels of 1.2950 (Fibo retracement of 23.6%) and 1.4100. The key for the "bears" is seen at 1.1230. In case of its breakdown, a correction to 1.0253 is possible and 0.9765, however, so far this option of price movement seems less likely, since the potential for upward movement remains, which is confirmed by technical indicators.The Bollinger Bands are directed upwards, the MACD his...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Apr 01, 2022 at 09:10

Gold, the pair may growOn the daily chart, the third wave of the higher level 3 of (5) develops, within which the wave iii of 3 forms. Now, the third wave of the lower level (iii) of iii is developing, within which the wave iii of (iii) has formed, the correctional wave iv of (iii) has ended, and the development of the wave v of (iii) is starting. If the assumption is correct, #Gold will grow to the levels of $2150 - $2200. In this scenario, critical stop loss level is $1890.

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Apr 01, 2022 at 09:09

EURUSD, euro is correcting at the end of the weekThe European currency shows flat dynamics of trading against the US dollar during the Asian session, consolidating near 1.1060 and waiting for new drivers. The day before, the euro showed a sharp weakening against the US currency, which did not allow the instrument to consolidate on new local highs from March 1.The return of "bearish" trend was due to the growth of negative sentiments regarding the impact of sanctions against Russia on the global and European economy in particular. Among other things, analysts are trying to assess the...

Crypto Analytics by Solid ECN dans Crypto Apr 01, 2022 at 09:08

Dear @momo3HC Thank you for your comment. We will keep this topic updated.

Crypto Analytics by Solid ECN dans Crypto Mar 24, 2022 at 10:02

ADAUSD, technical analysisThe growth of the ADAUSD pair continues for the second week in a row, adjusting to a long-term downward trend. Currently, the price has reached six-week highs around 1.1450.The key for the "bulls" is the 1.1718 mark. Its breakout will give the prospect of further growth to 1.285 and 1.465. In case of a breakdown of the 0.9765 level the decline may resume up to 0.781. In general, the potential for upward movement is still preserved, as evidenced by the upward reversal of the Bollinger Bands and the Stochastic, the MACD histogram increases in the positive zone...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 24, 2022 at 10:01

Germany's energy sector faces new challengesThe key news for the market is the statement of the President of the Russian Federation Vladimir Putin, who instructed to convert all payments for natural gas supplies into rubles as soon as possible, and for the first time, the new technology will be tested in Europe. It will create some difficulties for buyers. According to German Economy Minister Robert Habeck, although the country considers such a decision to be a violation of contractual obligations, it is still impossible to refuse gas supplies from Russia. Later, the head of the Bundestag ...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 24, 2022 at 08:28

Silver, the price is consolidating near 25Silver prices show a moderate decline during the Asian session, correcting after a fairly strong increase the day before on the back of lower yields and risk aversion in financial markets. However, the USD Index is rising for the second day in a row, renewing an intraday high around 98.800, adding 0.14%. XAG/USD is again testing 25 for a breakdown; however, there are not so many drivers for the development of the "bearish" trend.The "hawkish" rhetoric of the US Federal Reserve had only a brief downward effect on safe-haven assets, a...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 24, 2022 at 08:27

USDCHF, the pair may grow.On the daily chart, the first downward wave of the higher level (1) of 3 formed, and an upward correction develops as the second wave (2) of 3, within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (iii) of iii is forming.If the assumption is correct, USDCHF will grow to the levels of 0.949 - 0.966. In this scenario, critical stop loss level is 0.9149.

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 24, 2022 at 07:02

NZDUSD, the instrument retreats from local highsThe New Zealand dollar shows the development of downward corrective trend in tandem with the US currency during the Asian session, again testing the level of 0.695 for a breakdown. The NZDUSD pair has been retreating from its local highs since November 2021 without testing the strong resistance at 0.7 for a breakout.The development of the "bearish" dynamics on the instrument is supported by technical factors, while the position of the US currency on the market changes slightly and remains quite strong against the backdrop of worsening e...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 24, 2022 at 06:55

USDCAD, the pair may grow.On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is developing, within which the wave (i) of iii formed, and a local correction has ended as the wave (ii) of iii. If the assumption is correct, the pair will grow within the wave (iii) of iii to the levels of 1.32 - 1.341. In this scenario, critical stop loss level is 1.243.

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 23, 2022 at 11:36

IBM Corp, the price may grow.On the daily chart, a downward correction developed as the fourth wave of the higher level 4, and the fifth wave 5 develops, within which the wave (1) of 5 forms. Now, the fifth wave 5 of (1) is developing, within which the wave i of 5 has formed, a local correction has ended as the wave ii of 5, and the development of the wave iii of 5 has started. If the assumption is correct, the price will grow to the levels of 153.45 - 158. In this scenario, critical stop loss level is 118.7.

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 23, 2022 at 11:36

Brent Crude Oil, "black gold" returned to growthBrent Crude Oil quotes continue to recover after a significant correction last week and are currently in the 116.70 area.Fears that China will seriously reduce energy consumption due to a new outbreak of the coronavirus pandemic have not yet been justified, and peace negotiations between Russia and Ukraine have stalled, which again brought price support factors back to the fore. The possibility of new sanctions against Russian oil supplies and the lack of progress on the "nuclear deal" with Iran, which the market has been wait...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 23, 2022 at 08:48

NZDUSD, The pair may fall.On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, a local correction is ending to develop as the second wave of the lower level ii of C, within which the formation of the wave (c) of ii is ending. If the assumption is correct, after the end of the wave ii of C NZDUSD will fall to the levels of 0.6466 - 0.6224. In this scenario, critical stop loss level is 0.7227.

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 23, 2022 at 08:48

Gold, a backlash against the "hawkish" rhetoric of the US FedThe official said that the regulator is ready to raise the rate immediately by 50 basis points at one or more of the next meetings and will soon launch a program to reduce the balance sheet, according to the latest estimates, reaching 9T dollars. Also, The Goldman Sachs Group Inc. analysts forecast two adjustments of 50 basis points at once from the next meeting and then four increases of 25 basis points before the end of the year. The "hawkish" tone of Powell's remarks spurred US bonds higher and affected the...

Technical & Fundamental Analysis by Sold ECN Securities dans Traders Expérimentés Mar 23, 2022 at 07:04

GBPUSD, the pound is updating local highsThe British pound is trading with the uptrend against the US currency during the morning session, updating local highs from March 4.Eurozone countries found themselves in a vulnerable position due to the developing crisis around Ukraine. The European authorities are preparing a new package of sanctions against the Russian economy, which may include significant restrictions or even a complete embargo on energy imports. This will lead to explosive inflation in commodity markets and call into question the ability to ensure energy security. Undoubtedly, hig...

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 23, 2022 at 06:43

AUDUSD, the pair is in a correction, a fall is possible.On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C. Now, the wave of the lower level and of (2) has formed, and the development of the wave B of (2) is ending, within which the wave c of B is developing. If the assumption is correct, after the end of the wave B of (2) AUDUSD will fall to the levels of 0.6742 - 0.6446. In this scenario, critical stop loss level is 0.8.

Elliot Wave Analysis by SolidECN dans Traders Expérimentés Mar 15, 2022 at 09:52

Nvidia, the price may fallOn the 4-hour chart, a downward correction of the higher level develops, within which the wave (C) forms. Now, the fifth wave 5 of (C) is developing, within which the third wave of the lower level iii of 5 is forming. If the assumption is correct, the price will fall to the levels of 186.36 - 170. In this scenario, critical stop loss level is 265.

EURUSD	1.13589	GBPUSD	1.33316	AUDUSD	0.63763
USDJPY	143.032	USDCAD	1.383	USDCHF	0.82389

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