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Bearishimpulse

ETH/USD: Liquidations Causing Drop To $2140 Cryptos are coming sharply lower, after the classical psychological pattern here. There were plenty of traders buying cryptos after ETF launch; and then there is another group that did not book on that big run ahead of the ETF announcement. All of those are now liquidating, making a decline strong and sharp. Looking at the ethereum, price is now now at 2140/70 area, but looks like impulse is in progress so more weakness is liekly coming after rallies. If that's really the case then wave four shoudl stay below $2413
BINANCE:ETHUSD
by ew-forecast
Potential Short Opportunity Emerging for ETHUSDPrice saw rejection around the $2,019 level, which appears to be the completion of a regular flat pattern while also coinciding with the previous resistance established during the August 13, 2022 highs. My primary target for this short is set at $1,659, which corresponds to the equal leg target of the previous bearish impulse leg down. Continued consolidation below the $2,019 level may serve as an indication of further downside potential in the market.
COINBASE:ETHUSDShort
by SlowMobius12
AUDNZD: More Weakness After Rally AUDNZD has been trading nicely higher since start of the year and formed a clear bullish impulse. Notice that price also reached the upper trendline of an EW channel which is usually the ending point of a higher degree structure. We talked about this in our past updates and warned about a bearish turning point which is now in full progress and will most likely resume much lower as pair came sharply out of an upward channel. However, nothing moves in a straight line, so ideally wave A is now approaching some support since we can count five waves down, thus we can see a rally in (B) in weeks ahead.
by ew-forecast
USDJPY possible reversalDaily TF - Market has been moving in an ascending channel since Jan 2021 4H TF - It is forming a ascending channel and it has recently done a double bottom and moved impulsively to the up side. 1Hr TF - After the impulsive move to the upside market formed an ascending channel that touched a previous level forming a double top and consequently moved impulsively down breaking the ascending channel, now correcting and possibly continue further down at the break of the current correction. This goes in confluence with the dollar index analysis.
Short
by GonzooTrading
ORBEX: SPX, DXY: What's Next For Indices?In today’s #marketinsights video recording, I talk about #SPX and #DXY. SPX keeps going up, and with structural variances playing in we could see fresh highs reached in no time. Will the US-China situation and a dovish #Fed boost appetite for equities more? The US Index, on the other hand, should be watched cautiously. Will this upside impulsive move turn out to be another correction or the real bullish deal? Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
OANDA:SPX500USD
by Orbex