Market Analysis

Bitcoin bounces to 78,400 inside its 76,160-78,410 range: sell 78,900-79,200 under D1 Tenkan, buy only above 76,950

BTC lost 4.2% on Oct 29 and bottomed at 76,161 on Oct 30. Since then it ranges 76,960-78,410 and now tests the top. D1 stays bearish (below Tenkan 79,036 and Kijun 80,511, MACD falling); H4-H1 turned up. Sell 78,900-79,200 unless H4 closes above 79,250.

Resistance

78,900.0 – 79,200.0

Support

76,950.0 – 77,250.0

Gold gaps up to 3901 on Monday: the bounce meets resistance at 3912-3922, sell rallies below 3940

Monday opened at 3885.2 (Friday close 3875.7) and hit 3901.3, a bounce from deep oversold (H1-H4 RSI 22-28). D1, H4 and H1 still point down; H1 Tenkan 3912.7 and Friday's high 3923.9 cap it. Sell 3912-3922 or a clean break of 3868.

Resistance

3,912.00 – 3,922.00

Support

3,850.00 – 3,856.00

EUR/USD ranges 1.1104-1.1215 under a falling D1: sell 1.1190-1.1205, buy 1.1110-1.1125 only on a rejection

EUR/USD fell from 1.1679 in September to 1.1104 on Oct 29 and has ranged 1.1104-1.1215 since. D1 is still below Kijun 1.1190 and the cloud (1.1383), but MACD flattened and crossed up. Sell rallies into 1.1190-1.1205; a H4 close below 1.1100 opens 1.1060.

Resistance

1.11900 – 1.12050

Support

1.11100 – 1.11250