linofx1

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📉EURAUD is trading in a strong downward trend on a daily chart. Following a pullback yesterday due to an economic event, the price hit a significant horizontal resistance level. After testing this resistance, the pair is showing clear bearish signals. On the 4-hour chart, there is strong confirmation of bearish momentum, indicated by a bearish imbalance and a...

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CARDANO formed a significant inverted head and shoulders pattern on the daily chart. A bullish breakout above the neckline indicate strong upward momentum. I anticipate further growth, with a target of reaching the 0.84 level soon, followed by 0.90.

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GOLD has breached and closed below a significant daily horizontal support level. Prior to this violation the support level, the price was consolidating in a tight horizontal range. The bearish breakout from this trading range is a strong indicator of further declines. The pair could continue to drop after retesting the broken structure to 3122 level.

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EURAUD broke and closed below a key daily support level. Which has now transformed into a robust resistance level. I anticipate further downward movement. The next support level is at 1.706.

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Ethereum has successfully violated and closed above a significant daily horizontal resistance level. The bullish momentum appears to be ongoing, and the price is likely to soon test the psychological level of $3000 mark. Following this test, a breakout is expected, potentially driving prices to new heights.

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⚠️EURCAD is currently testing a recently violated horizontal support level within a trading range. It is highly likely that this broken structure has now become resistance. We will look for a confirmation to sell upon a bearish breakout of the neckline of a descending triangle pattern on the 1-hour timeframe. A close of the hourly candle below 1.5545 will...

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Following a bearish movement yesterday, gold has fallen to a significant intraday/daily horizontal support level. The formation of a cup and handle pattern serves as a strong buy signal, and there is a high likelihood that the price will soon retrace to 3275 level soon.

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📈NZDCHF appears to be a promising trade, out of the different gap openings we see today. The price has reached a significant intraday resistance level. I believe that the gap will likely be filled soon, as I am already observing signs of selling pressure on the hourly chart, including the formation of a double top pattern. It is possible to anticipate a...

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The EURUSD chart shows a large head and shoulders pattern on a daily basis, indicating a strong bearish reversal signal with the breakout of the neckline. The broken neckline now acts as a key resistance level, suggesting a potential further decline towards the 1.1150 level.

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Ethereum is showing signs of recovery following a prolonged period of bearish movement. A bullish breakout of a significant daily resistance level indicates strong buying activity. I anticipate further market recovery with a potential target of reaching the 2,500 level in the near future.

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The Dollar Index formed a significant inverted head and shoulders pattern on a 4-hour chart. Following the release of yesterday's economic data, the market surged and broke through both the neckline and a strong downward trend line. This created an expanding demand zone with two broken structures. I plan to take long positions in anticipation of a bullish...

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I spotted a nice bearish pattern on Dollar Index chart on a daily timeframe. The price formed a bearish flag pattern. Trading in a bearish trend, the violation of a support of the flag is a strong trend-following signal. We can expect a movement down to 98.95

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Gold broke through a daily significant horizontal resistance level yesterday and closed above it. It appears that the bullish trend is likely to continue, with the price expected to retest its all-time high soon. After reaching this level, be prepared for a potential breakout that could drive prices even higher.

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📈GBPUSD experienced a significant surge yesterday and today we are witnessing a retest of a previously broken resistance level in a horizontal range, which has now turned into support following a breakout. Ahead of the FED Rate Decision today, there is a potential buying opportunity for GBPUSD: I spotted a falling wedge pattern on the 4-hour time frame. A...

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AUDCAD was consolidating in a sideways pattern for over two weeks on the daily chart. It broke through its resistance with a strong bullish move yesterday, suggesting potential for further growth. The next resistance level is at 0.900.

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I see a nice gap down on USOIL, with a strong possibility that the gap will be filled soon. The price approached an important support level and showed signs of a potential bullish signal. I also observed a breakout of the neckline of an ascending triangle pattern on the hourly chart. It is likely that USOIL will continue to rise and reach the 57.7 level in the...

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GBPAUD formed a significant bearish reversal pattern on a daily chart, with the price breaking below a key support level and indicating a Change of Character. I anticipate that the pair will continue to move lower, potentially reaching a support level of 2.034 soon.

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The USDJPY chart formed an inverted cup & handle pattern that has broken its neckline on a daily timeframe, signaling a confirmed Change of Character (CHoCH) and suggesting a potential bullish reversal. This could lead to a market recovery and a possible move towards the 146.00 level in the near future.