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Silver: Descending Triangle Signals Downtrend for Silver to 20/18 1. Price Formation: The price has broken out from a descending triangle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI...

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Gold: Descending Triangle Signals Downtrend for Goldfield 1. Price Formation: The price has broken out from a descending triangle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI is < than...

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97.557 on the Horizon: Unpacking AUDJPY's Bullish Momentum 1. Price Formation: The price has broken out from an a falling wedge price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas...

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EURGBP EURGBP Breaks Free: The Big M Unraveling! 1. Price Formation: The price has broken from a Big M price formation on a daily chart. 2. Price formation : The price as a confirmation has broken from a rising wedge to downside. 2. Moving Averages: The 7-day moving average (MA) is less the 21-day MA, which is a positive sign indicating short-term bearish...

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GBPUSD GBPUSD : Spotting the New Reverse Inverted Cup & Handle Formation. 1. Price Formation: The price has previously broken out from an inverted Cup &Handle price formation on a daily chart and hit a target. A new reverse inverted Cup & Handle formation has developed and price has broken out of the brim. Bearish sentiment. 2. Moving Averages: The 7-day moving...

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EURCAD Bearish Sentiment Ahead? EURCAD Technical Insights 1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart but one has to wait where it might close. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative...

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USDCHF: the Potential of a Reverse Cup & Handle Formation. 1. Price Formation: The price has previously broken out from a Cup &Handle price formation on a daily chart and hit a target. A new reverse Cup & Handle formation has developed and price has broken out of the brim 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA. 3. 200-day Moving...

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GBPCAD Outlook: Breaking from Inverted Cup GBPCAD 1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative Strength Index (RSI): The RSI is <than 50. 6. Price Target: 1,6183

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Richemont Bearish Bias in Richemont: A Head & Shoulder Price Pattern Analysis” A bearish bias is indicated by the breakout of the price from a Head & Shoulder price pattern. (MAs 7<21<200 confirms the bearish sentiment. Additionally, RSI below 50 further supports the bearish bias. Target is set at R1800. Richemont – the company Richemont is a multinational...

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USDCAD USDCAD: Trading the Cup and Handle Formation Based on the daily chart pattern, it appears that a Cup and Handle pattern has formed, indicating a bullish sentiment. The moving averages (MAs) are in the order of 7 > 21 > 200, confirming the bullish bias. The Relative Strength Index (RSI) is above 50, further supporting the bullish sentiment. The breakout...

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USD/ZAR: Bullish Breakout Ahead? 1. Price Formation: The price has not yet broken out from an inverted H&S price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas 7>21>200 5. Relative...

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Naspers Bullish outlook Continues 1. Price Formation: The price has broken out from a symmetrical triangle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas 7>21>200 5. Relative...

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Mr Price We are observing a symmetrical triangle, within a falling channel. However, this pattern could indicate a bullish breakout. Currently, the 7-day moving average is greater than the 21-day moving average. The price is less than 200, and the RSI is above 50, pointing to some buying pressure. Given these factors, the target price is projected to be...

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NIO "Charging Up: Bullish Momentum Ahead for NIO with a $22 Price Target" 1. Price Formation: The price has broken out from an inverted C&H price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price....

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Double top break down with MAs 7<21 The 200 MAs< price. RSI<50 Price will come closer to the 200 MA as a support.@around the 2600 price mark

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Tesla Tesla’s Driving Downward to a Bearish Destination of $190! 1. Price Formation: The price has broken from an inverted reverse C&H price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum. 3. 200-day Moving Average is below the Price. 4. Thus,...

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SATRIX RESI PORTOFOLIO M- formation has been confirmed and we have a price breakout to the down side: The MAS are 7<21<200 (Bear) RSI <50 and a Target price of R47.82 SATRIX RESI PORTOFOLIO – the ETF Satrix Resi Portfolio is an exchange-traded fund (ETF) offered by Satrix, a leading provider of index-tracking products in South Africa. The Satrix Resi Portfolio...

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GBPJPY's Reverse C&H Formation Charges Towards 190 GBPJPY 1. Price Formation: The price has broken from a reverse C&H price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas 7>21>200 5....