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BTCUSD Daily
Bitcoin closed last night just below 103 K and left us wandering…
But today’s renewed test of the support at 100K and rejection ( again) is keeping Bullish sentiment ON.
It needs a close tonight above 103.600 for me to call it higher – or break below 100K to start another correction towards 90 K.
Anyways – as long as we have that rising angle, we are going Up – simple as that.
EURUSD Daily
Another day, another test of trendline – and again failure…
Yesterday a question was raised : what is a Firm break – it is when they manage to close above/below the trendline , and at best twice in a row.
Now twice it failed….
Look at that yellow MA – I know…it means nothing to you…but to me it is a world.
If EUR manages to close tonight just above it, tomorrow we’ll be seeing a sharp leg UP, and most probably a final break of the trendline in that case.
But if it closes just below it – another leg down.
Pay attention to “just above/below” – exactly that…anything else would be no mans land.
As I stated days ago – 1.03500 is the pivotal point, and as long as EURUSD plays around it , both ways are possible. All Bets are OFF Only on the decisive break of 1.04350 and capability of the pair to stay above it.
Aw I posted late yewterday (note high was 1.0434…..
Is this just a relief reaction that tariffs were not announced on day one of the new Trump era?
For a fatal blow, the daily trendline and 1.0435-55 would need to be firmly broken.
On the downside, only a break of 1.0330-54 would expose 1.03 again.
To keep it dimple today, 1.0350 will wet the intra-day tone while within 1,03-1.04 but updide ie limited while below 1.0385-00
GER30 DAILY CHART – WHEN MIGHT IT PAUSE?
DAX continues to set record highs despite German economic woes.
So, the question now is what might derail the relentless march higher… in this regard, wild card may be any Trump tariffs.
In any case, only resistance is the new record high, keeps a bid while above 20537 (see chart).
USDCAD 1 HOUR CHART – Elevator doiwn, elevator up
As I posted late yesdterday
1.4279-1.4467 has been the range for over 4 weeks with both sides briefly broken, the past few days, so far without follow throug.
Now that the downside hasa just been tested, a firm move below 1.3279 would be needed to suggest more scope on the downside. Otherwise it is back into the range.
Usdcad ais bck in its range after the tariffs news spike to 1.4516… but this time with support on dips as long as it stays aboive 1.4393.
USDCAD DAILY CHART – STILL IN A RANGE?
1.4279-1.4467 has been the range for over 4 weeks with both sides briefly broken, the past few days, so far without follow throug.
Now that the downside hasa just been tested, a firm move below 1.3279 would be needed to suggest more scope on the downside. Otherwise it is back into the range.
NIO Inc.
Nio is trying to resurface above 4.50
NIO Inc. (NIO) Rises But Trails Market
The most recent trading session ended with NIO Inc. (NIO) standing at $4.10, reflecting a +0.49% shift from the previouse trading day’s closing.
Heading into today, shares of the company had lost 10.13% over the past month
The investment community will be paying close attention to the earnings performance of NIO Inc. in its upcoming release.
SOLUSD
Solana Bulls Counter Bearish Pressure To Keep Price Above $240
Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact.
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