The price has stabilized above a significant level, indicating buyer strength and the potential for an upward continuation. If the price successfully breaks and closes above 1.0528 on the 1-hour timeframe, it would confirm bullish momentum, allowing buyers to push towards the next key resistance at 1.0608. On the other hand, if the price fails to maintain its...
the price is currently stabilizing above the support level at 2934, which is providing upward momentum. As long as the price stays above this level, there is a strong likelihood it will continue its upward movement towards the next resistance at 2955. If the price successfully breaks this resistance level, it is expected to rise further, possibly reaching new...
HELLO TRADERS The price has stabilized below the support zone, which strengthens the bearish trend as long as it continues to trade beneath this level. The rationale behind this is that support zones act as a psychological barrier for buyers, and once this level is breached, it signals a shift in market sentiment toward selling pressure. Remaining below this zone...
The price has broken the previous high level, stabilized above it, and continued to rise. It is currently trading toward our next target at 2975. The price action indicates strong bullish momentum, supported by multiple higher lows and sustained buying pressure. There was a brief rejection at a resistance zone near 2939, where sellers attempted to push the price...
The price is currently attempting to stabilize above 6040, but these efforts seem weak, as the bearish trend remains dominant. This suggests that the price is likely to decline from the current zone or, alternatively, continue an upward correction until it reaches the next resistance level. If the correction scenario plays out, we expect the price to face renewed...
HELLO TRADERS The price rebounded from its support level and ascended to test the resistance at 191.10. However, this resistance level rejected the upward movement, causing the price to continue its bearish trend. For today, the price is expected to fluctuate between the resistance level of 191.10 and the support level of 188.94. Furthermore, there is a higher...
The price has stabilized below the previous high zone, initiating a bearish trend. As long as it remains below 22,120, the price is expected to continue its decline toward 21,980. Furthermore, a break below this level will confirm the bearish trend, extending the decline toward 21,754. However, if the price reverses for any reason and rises above 22,120,...
The price is currently trading below the 2934, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2975. However, the possibility of a temporary retracement remains, with 2907 acting as a key area where the...
Hello Everyone The price has broken the channel, as I mentioned in my previous analysis. For today, we anticipate a short ascending movement as a correction, followed by a decline toward the support zone, aiming to break it and reach 147.23. Regarding the uptrend, a breakout above the zone of 153.77 and 152.43 is necessary, especially if the price surpasses...
The price has broken the previous high level, stabilized above it, and continued to rise, reaching a new high. It is currently trading toward our next target at 2975. The price action indicates strong bullish momentum, supported by multiple higher lows and sustained buying pressure. There was a brief rejection at a resistance zone near 2936, where sellers...
The price is currently trading above the critical zone of 71.57–70.51, a historically significant area of resistance and support, which presents a challenge for a decisive breakout. It recently reached the resistance level of 73.59 before reversing to undergo a correction. Upon completing this corrective phase, we anticipate that the price will resume its upward...
The price has declined sharply and is currently attempting to break below 152.43. However, before doing so, a correction toward approximately 153.77 is expected. If the price successfully breaks below 152.43, it will encounter a channel trend that must be crossed and broken out of to confirm a bearish trend. Conversely, a bullish trend will be established above...
The price has reached the upper boundary of the channel and is expected to decline, targeting a drop below 1.0450 and further below 1.0350. The bearish trend will remain valid as long as the price continues to trade within the channel. For a bullish trend to be established, the price must break above the channel and stabilize above 1.0528. Tendency Keys:...
The price is currently attempting to hold above 2938, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965. However, the possibility of a temporary retracement remains, with 2905 acting as a key area...
The recent price action confirms the bearish trend as the pair has consistently closed below the 192.24 level. This suggests that sellers remain in control, increasing the likelihood of further downside movement. The next key target is the 191.10 support level, where a potential reaction may occur. If the price successfully breaks this level, bearish momentum is...
The price has formed a consolidation zone at a high level; therefore, we should wait for a breakout in either direction. We expect the price to decline from 6124, cross below 6160, and fluctuate within this range, finding support at 6040. However, if the price breaks above 6124, it will likely record a new high, with our next target set at 6200. Tendency Keys:...
The price is currently attempting to reach above 2934, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965. However, the possibility of a temporary retracement remains, with 2907 acting as a key area...
The price rebounded from its drop, moving above the 116.11 level, signaling a potential bullish attempt. If this momentum continues, the next targets are 124.89 and 131.13, aligning with previous resistance levels. However, a further decline toward 108.54 remains possible if selling pressure increases. The bearish gap in the chart indicates previous weakness, but...