The chart predicts a bearish reversal from the identified selling zone near 41,000, with potential targets around 40,820 and 40,780. The arrows indicate the possibility of a downtrend following the price's interaction with the selling zone. This analysis suggests that a short position might be considered if the price shows rejection in the selling zone. However,...
While the longer-term trend on this chart is bullish, the immediate situation hints at a possible short-term bearish correction. If the price breaks below key support levels, particularly the upward trendline, the trend could shift to bearish in the short term. However, until those support levels are broken, the overall trend remains bullish. Support and...
Chart indicates a potential bullish move in the USD/JPY pair, with a target around the 147.00 level. The trade setup shows a strong support level at 145.00, with a tight stop loss, suggesting a calculated entry into the market. If the price continues to respect the support at 145.00 and breaks higher, the trade has a good chance of reaching the target.
Bearish sentiment for GBP/AUD in the short to medium term. The market targets lower levels, potentially towards the blue and red zones marked on the chart. Further declines are likely if the price continues to respect the descending trendline and resistances such as the OB and FVG.
✅CAD/CHF 1H Chart Buy Entry : 0.6306 Targets : 0.6326 / 0.6356 / 0.6406 Stop : 0.6265
AUDJPY Buy Idea : ✅ AUD/JPY 1H Chart Buy Limit Entry : 96.82 Targets : 97.02 / 97.32 / 97.82 Stop : 96.47
✅GBPUSD 1H Chart Sell Entry : 1.2960 Targets : 1.2940 / 1.2920 / 1.2900 Stop : 1.2985d
USDCHF has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT…