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Gold broke and closed above a significant resistance level on a 4H timeframe. Taking into consideration that the market is currently rallying, this breakout could lead to another wave of bullish momentum. I predict a further increase in price to 2770.

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We have been keeping an eye on the 📉CHFJPY setup. The price broke through both the neckline of a cup & handle pattern and a resistance line of a falling parallel channel on a 4-hour chart. The broken horizontal support and trend line now form an expanding demand zone. It is highly likely that the price will increase to at least the 173.00 resistance level.

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The NZDCAD pair appears to have been heavily sold off following a significant test of a key resistance level. A descending triangle pattern has now formed after this test, indicating strength in selling pressure with a breach of the horizontal neckline. It is likely that the price could decline to levels between 0.8099 and 0.8088.

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Gold experienced a sudden increase in value yesterday and is now nearing a strong horizontal resistance cluster. To anticipate a further upward trend, keep an eye on the 2716 - 2725 range. If the price broke and closes above this range, it is likely that the market will continue to rise significantly. A bullish trend is expected to reach at least the 1750 level.

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Gold is likely to continue falling from a significant resistance level on a 4-hour chart. After the market opened, a cup and handle pattern formed on a 4-hour time frame, with the neckline being broken during this Asian trading session. The price may soon reach the 2677 support level.

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ETHEREUM has been struggling since mid-December, with the market showing a slight bearish trend and forming a falling contracting wedge pattern. A significant rejection occurred at a confluence zone created by the trend line of the wedge and a horizontal demand zone. Currently, the market is consolidating within the wedge. A potential bullish breakout above...

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USDCAD has been in a long-term bullish trend. Since the middle of December, the pair has been consolidating within a horizontal range. Last week, the price broke above the range's resistance. This violation will most likely trigger a trend-following movement. The next resistance level to watch is at 1.4554.

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Following a strong upward trend in Bitcoin this week, the price reached the resistance line of a rising parallel channel and began to retrace. I see a classic support cluster forming within a horizontal range and the support line of the channel on a 4-hour timeframe. Currently, the market is testing this zone. I predict that there will be a bullish rebound...

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Bitcoin fell to an important daily support level yesterday. After observing how the price reacted, I noticed a double bottom pattern on the 4-hour chart. The price has since broken above the neckline of this pattern and is now undergoing a retest. I anticipate that the market will soon rebound to at least the 102,182 level.

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USDJPY had been consolidating significantly since mid-December, trading within a large horizontal range on a daily timeframe. However, following the release of certain fundamental news, the currency pair appears to have a strong bearish outlook. The breakout below a support line within the range suggests that a bearish accumulation phase has been completed....

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The GBPUSD pair successfully violated a key daily support level and closed below it, last week. Upon retesting this level, the price rebounded and broke through a support line of an expanding rising wedge pattern. This suggests a strong likelihood of a continuation of the bearish trend. There is a high chance that the price will reach the 1.2106 level soon.

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EURCAD formed a significant bullish pattern known as a cup and handle on the 4-hour timeframe. A break above the horizontal neckline of this pattern is a reliable signal for a bullish trend. It is highly likely that the market will continue to increase in the upcoming week, with targets set at 1.4854 and 1.4880.

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I notice a noticeable gap down opening on WTI Crude Oil, which typically indicates a high likelihood of the gap being filled. Additionally, I am observing signs of buyer strength, such as an ascending triangle pattern on hourly timeframe. I predict that the price will soon reach levels between 79.05 and 79.80.

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CADJPY had been consolidating in a wide trading range for nearly a month before a significant news announcement caused the pair to turn bearish. The price broke below a key support level on the daily chart, indicating a potential downward trend. The next support level to watch for is at 107.15.

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GBPCAD appears to be oversold following a recent decline, with the pair reaching a solid horizontal daily support. After testing this support, the pair was consolidating within a narrow range on a 4-hour time frame. The recent break of the resistance within this range indicates buyers strength and suggests a likely pullback. The target for this pullback is 1.7691.

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I am impressed with the way Gold responded to the marked daily/intraday horizontal support following a slight decrease. Initially, there was a double bottom formation, followed by a breakout above its neckline. I believe that the market has the potential to keep increasing. The next obstacle to overcome is the intraday resistance at 2695.

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The GBPJPY recently broke and closed below an important daily support level. Following the breakout, the price retested the broken support and began consolidating within a range. A bearish breakout from this range serves as a strong confirmation of further bearish movement, increasing the likelihood that the breakout is legitimate. It is anticipated that the...

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GBPCHF had been consolidating significantly since early December, remaining within a wide horizontal range on a 4-hour chart. Following the holidays, the market appears to be showing a strong bearish trend, with a break below the support line of the range suggesting the end of a bearish accumulation phase. This could lead to further declines, with the next key...