The USDCHF pair is currently forming a rising wedge pattern, coupled with a bearish divergence. This technical setup indicates a potential downward movement in the near term.
The EURUSD pair is currently forming a double bottom pattern, accompanied by a bullish divergence. This technical setup suggests a potential upward reversal, indicating a bullish momentum in the near term.
US oil prices are currently finding strong support and forming a bullish divergence. This technical pattern suggests a potential upward movement.
LINK has successfully broken out after a period of consolidation and achieved its first higher high. This movement signals potential for continued bullish momentum.
RAY/USDT is currently forming a bullish symmetrical triangle, indicating potential upward momentum. This pattern suggests a breakout to the upside as buyers and sellers reach a point of equilibrium.
Platinum is currently trading within a well-defined channel, consistently respecting both support and resistance levels. A bullish divergence has recently emerged, adding strength to the case for a potential upward move. This divergence suggests possible buying interest at the lower boundary of the channel, which could lead to a bounce.
CADJPY is showing strong bullish potential as it approaches the key 0.776 level, where an AB=CD pattern is forming. On 30 minutes we can also see a bullish divergence that can be one more confluence.
CHFGBP has recently tested a key 4-hour support level, showing signs of a potential rebound. Price action suggests buyers are stepping in to defend this zone, signaling a possible short-term bullish move.
Platinum has reached a significant support level and is currently forming a bullish divergence. This technical pattern suggests a potential upward movement.
GBPJPY is currently holding support at key levels and has formed a bullish divergence on the 30-minute chart, indicating potential upward momentum.
The AUDCAD pair is currently receiving support from a key trendline, with a divergence signaling potential upside momentum. This technical setup may indicate a shift in price direction as buyers defend the trendline support level.
Palladium is showing signs of exhaustion as it forms a rising wedge pattern accompanied by a bearish divergence. This classic setup indicates a potential reversal or breakdown, with momentum waning despite higher price action. Watch closely for a breakout from the wedge.
CHFJPY is currently showing bullish momentum, with a recent touch and bounce off the trend line. This rebound suggests a continuation of the upward trend, offering a potential entry point for traders.
GBP/USD remains under pressure, persistently setting lower lows in a bearish trend. A recent rejection from the 0.618 Fibonacci retracement level signals continued weakness.
EURUSD has formed a double top pattern, accompanied by divergence, indicating a potential bearish reversal.
EURCAD recently encountered a strong rejection at a key resistance level, signaling potential downside momentum. This reversal hints at a possible bearish continuation as sellers gain control.
NAS100 has recently touched a key trendline, finding significant support that could lead to a bullish reversal. This trendline bounce suggests potential upward momentum as buyers re-enter the market.
EURJPY is currently testing a strong support level and showing signs of a potential reversal.