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After a breakout of a horizontal demand cluster last week, GBPCHF began to gradually recover while forming a symmetrical triangle pattern. The market showed a clear rejection from the broken area. The next signal for a bearish trend will be a breakout below the support of the triangle pattern, confirmed by a 4-hour candle closing below that level. This is...

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The EURJPY pair successfully broke and closed above a strong horizontal resistance on the an intraday chart. The highlighted blue area also marks the neckline of a cup and handle pattern, indicating a potential bullish trend. This violation could lead to further price increases, with the next targets being 163.64 and 164.47. Traders looking to enter the...

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📉 The USDJPY appears to be overbought following yesterday's bullish movement. The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level. Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.

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The Federal Reserve's rate decision and FOMC meeting negatively impacted gold prices yesterday, leading to a bearish trend. Observing the 4-hour time frame, we can see how the pair responded to a downward trend line during the day. The market had been consolidating within a broad range for nearly a month. However, following the Fed's announcement yesterday, there...

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The yesterday's decision by the FED and the FOMC led to a significant decline in 📉SILVER prices yesterday. The price dropped below a key support level within a wide horizontal range on the daily chart. This breakout indicates considerable bearish momentum and suggests further potential for price decline. The next support level to watch is 28.78.

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I spotted two significant bearish signals on 📉GBPUSD. Following a substantial bearish movement, the pair began to gradually rise within a bearish flag pattern on the 4-hour chart. Additionally, a double top pattern was formed within the boundaries flag Today, the price broke through both the flag's support and the neckline of the double top, providing strong...

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The 📉NZDCAD has formed two significant bearish patterns on the 4-hour chart. I see a bearish flag pattern alongside a double top formation. The neckline of the double top and the flag's support level have both been violated. I anticipate that the market could decline further after a retest of these broken levels. The next support level is at 0.8179.

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Last week, the 🔻EURAUD hit a significant rising trend line on the intraday chart. Despite the market having been in a horizontal consolidation phase for a while, the contact with the trend line pushed the pair upward. The market subsequently broke through and closed above the range's resistance. I anticipate that the pair will continue to rise. Targets: 1.6697 / 1.6763

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We are seeing a significant potential for a bullish trend to persist on ETHEREUM, the current setup appears encouraging, indicating a possible bullish breakout. To take advantage of the upcoming bullish momentum, it's advisable to wait for a breakout above the 3945 - 4110 blue range. A bullish violation of this area will likely lead to further growth towards the...

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Following a recent downturn, gold has retraced to a significant structure that was recently breached. I've identified two strong bearish signals after its test: the price broke below the neckline of a double top formation and also fell below a resistance line associated with a bearish flag pattern. These breakouts suggest a strong likelihood of a continued...

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There is a strong likelihood that 📈GBPUSD will retrace from an important horizontal level seen on the daily and intraday charts. After testing this level, I spotted solid confirmation through a double bottom formation and a breakout of its neckline. I anticipate a bullish movement targeting at least 1.2664.

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INSPECT shows several optimistic bullish clues after testing a significant ascending support trend line on the 4-hour chart. Analyzing the chart, it is evident that the price formed a cup and handle pattern and has violated its neckline, demonstrating a bullish imbalance, along with a confirmed breakout from a descending parallel channel. Additionally, a...

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AUDCHF finished a period of consolidation by breaking through a resistance level in a broad horizontal range on the 4-hour chart. This could lead to further upward movement, with the possibility of reaching at least 0.5721.

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I spotted two clear signs of a bullish trend continuation on 📈Suipad after it retraced to a key horizontal support level that had been broken recently. The price went up and broke through both the neckline of a cup and handle pattern and a resistance line of a falling wedge pattern. We can expect a bullish movement towards levels 0.14 and 0.18 now.

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Following a recent bearish movement, 📈XRP corrected to a significant support level that was previously broken. Look out for a bullish flag pattern on the 4-hour chart for potential buying opportunities based on the current trend. Confirmation of a potential upward movement will be a candle closing above the resistance level of the bullish flag Once this occurs,...

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CADJPY was consolidating within a horizontal range for more than a week before a significant news release yesterday caused the pair to become more bullish. The price successfully broke above a resistance level on the range on 4-hour timeframe. It is likely that we will see an bullish movement next, with the next resistance level to watch for at 108.49.

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We spotted two strong bearish confirmations on 📉EUR/USD chart. This occurred after a brief pullback to a key horizontal resistance level that was recently broken. The price has since dropped below both the neckline of a cup and handle pattern and a support line of a rising wedge pattern. As a result, we can expect further downward movement towards a new lower low.

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Gold had been trading within a range on a 4-hour time frame since the end of November. The recent bullish movement in the market caused the price of Gold to break above the upper boundary of the range, indicating a potential for further bullish momentum. The targets for this bullish continuation are set at 2687 and 2705.