RLinda

RLinda

FX:XAUUSD is growing together with the dollar, the correlation cooled down after the change of fundamental background. The range of 2670 - 2600 is being formed. The metal is rallying to resistance for liquidity. Geopolitical issues. High tensions in the Middle East as well as rising tensions in East Asia between China and Taiwan are worrying investors...

RLinda

FX:EURUSD continues to update lows since the fundamental background and uptrend change. Price is descending in a calm and progressive manner, which generally indicates the strength of the trend... A strong drop from the distribution phase without any pullbacks is an indicator of a strong trend. There is a key liquidity zone ahead, which could form a surge...

RLinda

BINANCE:BTCUSDT confirms the bearish market structure. After the 59K retest, the price rallies 7%. There is no technical or fundamental explanation for this market manipulation: $6K down, $ 4K up, $5K down, $ 4K up within the last two weeks... Bitcoin is still trading within a sideways range of 65K - 52K. The last resistance retest ended in a false...

RLinda

FX:XAUUSD is forming a double bottom from which a rally towards strong resistance is forming. CPI showed worse than expected data, surprisingly. Manipulation? Price has not yet moved out of the corrective channel. Ahead of PPI. Annual inflation fell from 2.5% to 2.4% (expected 2.3%). The probability of a 0.25% interest rate cut in November rose to 86% (vs....

RLinda

FX:GBPJPY continues to climb purposefully towards 195.5, forming a consolidation in the form of an ascending triangle. The goal of this maneuver is to break the resistance with further continuation of the upward movement... The bulls are trying to keep the defense above the key support at 193.5. The change of the fundamental background for JPY strengthens...

RLinda Updated 

FX:XAUUSD is in correction phase, but before important news a consolidation is formed due to fear and unpredictability factor. Analysts are expecting a decline in inflation, but what will happen in fact? A bull run or a dump? Markets are pricing in an 81% chance of a 0.25% interest rate cut in November. But yesterday's minutes showed that most officials...

RLinda Updated 

FX:USDCAD makes an attempt to break through the resistance of the “wedge” consolidation on the background of a growing dollar, the reasons for which are economic data from the USA. NonFarm Payrolls are ahead! On the weekly timeframe, the currency pair is bouncing off the support trendline and heading towards resistance, the pattern as a whole resembles an...

RLinda

BINANCE:ETHUSD continues to give up positions. Buyers do not believe in growth in the near future. Bears are increasing their pressure, which may lead to the breakout of the strong support zone... As seen on W1, the next potential target, in terms of liquidity, could be the 1550 support. Any attempt to buy back the asset on a retest of the support does not...

RLinda

FX:XAUUSD is entering the correction phase. The price is coming out of the consolidation downwards, and what we have been preparing for for the last few days has happened. Bears are trying to keep the defense below 2623.... Posted on October 8: The pressure from above is building. New lows... Traders are waiting for the Fed meeting minutes to gauge the...

RLinda

FX:EURUSD breaks the uptrend and prepares to continue falling due to the change of fundamental background, the reasons for which were strong economic data in the US. The price is in the realization phase... The weekly timeframe clearly shows the forming sideways range (consolidation). The market failed to break the resistance of the channel, although a lot...

RLinda Updated 

FX:XAUUSD stops testing local highs. Strong growth has stopped and the price is being squeezed between the boundaries of the narrowing consolidation. The exit of the price from the figure will be accompanied by an impulse... Last week changed the general fundamental background, gold traders are getting nervous and moving into a phase of profit taking on the...

RLinda Updated 

FX:USDJPY is testing range resistance in the rally phase caused by Friday's news - strong NFP report. The fundamental backdrop within the short-to-medium term is set... From the opening of the session a small correction is forming, the aim of which may be a retest of the support or imbalance zone and consolidation of energy before a further breakout. The...

RLinda

BINANCE:TONUSDT can't get out of the downtrend, facing a rather strong seller (or lack of buyers, amid fundamental problems). The coin is setting itself up for a further decline.... The trend change started to show back in July, with strong momentum being generated amid strong outflows due to the market crash following bitcoin manipulation. In Agusta, the...

RLinda

FX:XAUUSD is consolidating below previously crossed SMA50 & 200 after Friday's shakeout. A surprising NPF shook up the market. The dollar is rallying while gold is drawing downside resistance.... The main reason for a possible decline in gold prices is the weakening expectations of a 0.5% Fed interest rate cut in November. A very strong NFP report all but...

RLinda Updated 

BINANCE:BTCUSD failed in its attempt to break the daily MA-200 and 64-65K resistance. A retest of the previously broken range boundary and strong liquidity zone amid a global descending channel is forming. The crowd was in the majority, but... On W1 the promising direction of the current trend is clearly visible. The price tested the upper boundary of the...

RLinda Updated 

FX:XAUUSD is in consolidation with gradually narrowing local extrema. NonFarm Payrolls are ahead and traders are getting nervous about further movement. Up for renewal of highs or a long-awaited correction? Before NFP, traders resorted to adjusting positions, taking profits on the US dollar rally (reasons: strong employment and PMI data from ISM). The...

RLinda Updated 

FX:EURUSD is facing strong resistance forming a reversal pattern relative to the 1.1200 sideways range boundary. The bulls are not yet able to continue the trend. The dollar is bouncing.... On the back of unpredictable economic data confirming the problems in the US economy (manufacturing, banking sector), the markets are rebounding. DXY strengthens after...

RLinda Updated 

BINANCE:WIFUSDT changes the market structure to bearish. Traders are moving into the phase of profit-taking after the rally. The market is not ready to go up yet. The rally stops at the strong resistance zone at 2.639. A local false breakdown is formed relative to the extreme upward movement, indicating that buyers are not ready yet and sellers have come to...