CHFJPY has been experiencing a bullish trend since January 2023. From 137.50, the price is going up. Last month, we saw that the high price of CHFJPY was 166.50, and after that, it has gone down. We have identified a pattern of falling wedge. Breaking the wedge resistance will result in a higher price, as we believe. TP - 166.30 SL - Join Our Channel
GBPJPY's drop from 183.46 is stretching and a further decline is expected towards 180.48 and therefore the price reached this low price, an increase in price towards the nearby resistance at 183 was expected .49 and obviously expected to see a price decline at the mentioned resistance level, but after the price touches the support level at 180.46 and moves higher,...
Increase in price, EURUSD will return to resistance of 1.09428, however sustained break of 1.06465 - "support" will have a bearish implication, however, price is currently holding at current support and showing some bullish momentum below , the price is predicted to rise, when we look at the overall movement, we can actually see that the EURUSD is moving in a...
GOLD showing strong bearish signal on 4h and lower timeframes, it has recently formed a an ascending broadening wedge which indicates a reversal/bearish signal in the forex market. Gold is currently falling and it is expected fall further more to 1901.10, gold is technically on a bearish market.
#GBPAUD have been on falling all the month and still showing a bearish momentum, given the patterns recently formed indicating a continuation movement and the atual pattern formation it is also a continuation pattern that indicates a bearish movement in the market. The price it is expected to fall to 1.9086, before anything else we wat for the market to surely...
EURJPY has been in a long-term upward trend since the start of the year, reaching a new 15-year high of 159.75 on August 31. The price has been trading without a clear direction around 158.00 since then. The bulls could aim for the 15-year high of 159.75 if the sideways pattern breaks to the upside at 161.00. The pair could reach fresh multi-year highs if it...
So, as stated before, gold has been moving in a channel until the peak and falls and broken the uptrend. Currently gold is in a consolation structure, our best option is to sell at resistance and take our profits in the consolidation demand zone, the best selling zones are At $1984.0 only if the price reach this area of value from the current price level...
The USDJPY currency pair is currently on an upward trajectory, approaching the key resistance level at 148.80. It's worth noting that in October of the previous year, the price experienced a significant downturn from this same level. Given this historical context, there is a reasonable expectation that a similar price reversal may occur this time as well. Should...
AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum. This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend...
#XAUUSD Gold rises towards the resistance zone at Monday's market opening, we expect the price to fall to $1,917.20 before breaking out of the current supply zone and heading towards the value area around $1,939 .30-$1,940. We can basically aim to buy short term when the price breaks and rises literally above $1933. 🔥GOLD SELL (1928-1932.5) 🟢TP 1 1926 🟢TP2...
#EURUSD expected to rise in the coming days the price is clearly reached the support which was around 1.06330, afterwards we can see that the market found a momentum and pushed up and considering the weak ascending broadening wedge pattern in 30M TF it looks week to push it back down. The price is expected to rise towards the trending line...
GBPUSD is still in Descending channel - bearish market, expected to fall towards support near $1.23100 before making retracement from broken support around 1.26070 - where we are likely to get the best trades (bears). Considering the broken ascending channel on the Daily TF plus the small ascending channel on the lower 4H-1H time frames, this puts us in mind, it...
GBPUSD is now heading towards an important level after breaking the recent small head and shoulders support/neckline around 1.25900, we expect the price to fall at the market open to this level at $1.23250, basically the market has already had broken the ascending channel at $1.27900 due to the head and shoulders formation. The "Head" - @1.31280 and shoulders...
XAUUSD appears to have broken uptrends on the weekly and lower time frames of 1D-4h, which was certainly moving in a channel. Gold appears to be weakening as the price has fallen by almost 28-34% in the last 5-10 days. The price is below the 2080.0 resistance level on the charts, and if the price remains below this level, then the stock could show a...