


ftdsystem
PremiumEther was unable to break above the trendline following its strong rally. In the medium term, our base case remains bullish, with expectations of over 100% return within a year. However, in the short term, some downward pressure and profit-taking are currently in play. Two days ago, the Ethereum ETF experienced its largest single-day net outflow. If this turns...
Gold retested the broken daily trendline, supported by rising stagflation concerns following significant payrolls revisions. After an aggressive retest, gold is now pulling back, with the technical outlook turning slightly bearish due to the rejection. However, this move could be temporary. Further weak U.S. data or dovish commentary from the Federal Reserve...
NZDUSD is at a key technical junction. The previously broken and retested head and shoulders formation is exerting downward pressure, but the important support zone between 0.5825 and 0.5850 is holding for now. The 100-day and 200-day moving averages have also formed a tight support-resistance range, causing the currency to remain trapped in a narrow range. Both...
Silver has formed a solid bottom between 37.25 and 36.20 and is now attempting to break higher and recover some of its recent losses. There is some support from gold helping to push the price upward, but it remains unclear whether silver can hold above the 37.25 level long enough to take another step higher. If it does, the price may return to the 37.90–38.30...
Market expectations for today's nonfarm payrolls change to be 104k, with the unemployment rate projected to rise to 4.2% from 4.1%. The divergence between payroll growth and the unemployment rate is mainly due to the birth-death model used in payroll calculations and expectations for either a halt or rebound in the labor force participation rate. Fed Chair Powell...
The dollar appears to be reversing its direction on the 4-hour timeframe. The trendline has been broken and retested twice, but the dollar has held above it, signaling a potential shift in momentum. Despite intense pressure from the White House on the Federal Reserve, the data is likely to prevent the Fed from cutting rates at the upcoming meeting and possibly at...
Following the strong U.S. GDP data, EURUSD dropped to the 1.1450 support level. This area is significant, as it marks the convergence of the 23.6% retracement from the January–July move and the 50% retracement from the May–July move. While the FOMC decision will ultimately shape the direction, from a technical perspective, a long position may offer a favorable...
The Gold/Silver ratio is one of the key indicators that highlights major turning points in modern economic history. Similarly, the ETH/BTC ratio is widely followed as a gauge of strength in the crypto market and the beginning of altcoin seasons. Interestingly, these two ratios also appear to correlate well with each other. As adoption of both Ethereum and...
With the breakout above resistance around 110,000, Bitcoin’s rally appears to be back on track. If you've been following our crypto analysis, either here or on our website, you’ll know our target range for this bull cycle is between 135,000 and 150,000, with the top of the range possibly extending further depending on the strength of the final wave. Now, a...
Ethereum continues to push higher, but a key resistance zone is causing a pause in the upward movement. Every day brings new positive developments for the crypto market, from ETF to tokenization news. This pattern reflects the typical progression of a crypto bull cycle. The latest SEC decision regarding a crypto-based ETF adds to the bullish backdrop. However, a...
USDCAD is attempting to bounce back, supported by a stronger U.S. dollar index. The recent trade deals with Japan and the Eurozone have prompted traders to position more favorably toward the dollar. The sharp decline in EURUSD is also putting upward pressure on USDCAD. This week will be crucial for both the U.S. and Canada, with a flood of economic data and major...
The heavily one-sided EU–US deal has put negative pressure on EURUSD. Ahead of a crucial week filled with major events, including GDP data from both the Eurozone and the US, the PCE report, payrolls, and meetings from the FOMC and BOJ, EURUSD has broken a short-term head and shoulders formation. The pattern's target is near 1.1610. A retest of the broken support...
Gold is getting a breather from recent newsflow and is now testing the trendline on the daily timeframe. The Japan deal, some positive developments in the EU–US negotiations, and yesterday’s Trump–Powell "sitcom" have helped ease concerns about the economy. Although the trend began in December, when viewed from April, it clearly forms an ascending triangle...
ETH is making an attept to break flag formation. 3860 top could be the short term target for upward moves. Over the medium term, 4100 could be the main target. Our bull cycle top target is 6830 for the moment. This was a quick update,please check our earlier post for details.
After losing the key 0.8350 level, USDCHF attempted a re-entry but failed to hold above it. The pair is now under renewed pressure, with the price falling below 0.80. The Swiss franc remains strong against most currencies due to solid fundamentals. USDCHF's next possible targets are 0.7830 and 0.7460, both based on Fibonacci expansion levels. For CHF bears, the...
The S&P 500 continues its slightly positive movement. However, the momentum has been slowing, forming a long, wedge-like pattern. These long wedges have been a recurring feature in the stock market for years. From the monthly timeframe to the 1-hour chart, the market often forms wedges. Wedge formations tend to break to the downside but can persist for a long...
Avax is once again testing the 27 resistance level. The first attempt lasted over a week, and the second one held for a couple of days, but in both cases, Avax failed to break through. This time, however, it has stronger support from market-wide momentum. Bitcoin has reached 120,000, Ethereum is posting sharp gains, and most notably, Chainlink (LINK) has already...
Gold is hovering near 3370 amid a wave of tariff-related headlines over the past few days. After Trump’s threats toward Mexico, Canada, and the European Union, gold has been pushing toward higher levels. The latest warning came over the weekend, targeting both the EU and Mexico with a 30% tariff unless an agreement is reached by August 1. The EU trade commissioner...