Rebound
ADA - Time for a ReboundAfter losing its positive momentum from the hype of the Vasil network upgrade, Ada has been slowly declining. Currently, is very close to the support zone in $0.4-0.41 area, a long term support stemming from the aftermath of the June crash.
If support holds there is room for further consolidation on the upside, if the support doesn't hold, we'll see further decline.
vix should rebound, but continue fallingthe hourly is looking oversold, so id imagine we have some rebound in vix, but the overall daily trend is threatening to confirm return to bear vix while broader market bounces. if we get spx, ndx making new lows of day simultaneously with multiple sectors like xlf, soxx in the red a return to bull vix could happen (highlighted areas where nadaraya watson envelope turns up). solid horizontals are targets, dashed line is pivot.
GBP-AUD Local Long! Buy!
Hello,Traders!
GBP-AUD is trading in a downtrend
And the pair is going down now
But a horizontal support is nearby
So i think that after the retest
We will see a local rebound
But limit your risks
Because this will be a counter-trend trade
Buy!
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EUR-JPY Rebound Ahead! Buy!
Hello,Traders!
EUR-JPY is going up now, and the pair
Broke the key horizontal resistance level
Which is now a support
So I am bullish biased
And I think that we are
Likely to see local growth
Buy!
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EUR/USD Short-Term Rebound!• The weekly S1 (0.9880) provided support for the EUR/USD, which has since attempted to close the gap. It has encountered resistance at 0.9935 and currently appears to be unsure. It might shift sideways in the near future.
• Price declines are still possible as long as the pair remains below the descending pitchfork's Resistance Trendline, signaling a bearish bias. A new sell-off could be announced if the gap is not closed. Only a valid breakout above the Resistance Trendline could signal a larger growth.
Good Luck Traders!
EUR-USD Buying Opportunity! Buy!
Hello,Traders!
EUR-USD is trading in a downtrend
But the pair will soon drop
Onto the local horizontal support
And despite our bearish bias
A temporary correction from the
Demand level is likely to be observed
Buy!
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