linofx1

linofx1

GBPNZD recently hit a significant level of resistance and then formed a head and shoulders pattern. The neckline of this pattern was broken last week and the price is now retesting it and we're seeing a positive bearish reaction. It appears that selling pressure is accumulating, indicating a potential bearish move in the near future. The target for this move...

linofx1

The 📈EURUSD pair recently broke through a key horizontal resistance level on both daily/intraday charts. On retesting this level, a cup and handle pattern was formed, indicating a potential bullish trend. The breakout of the neckline of this pattern is a strong signal for further upward movement. I anticipate that the price will continue to rise today and...

linofx1

Gold reached a significant rising trend line on the 4-hour chart. Following a strong bullish movement, the market appears to be overbought, and the formation of a head and shoulders pattern on the 1-hour chart suggests weakness from buyers in the short term. I anticipate a retracement to 2844

linofx1

The DOLLAR INDEX has dropped below an important level of support and has now become a significant resistance. With the pair in a bearish trend, we can anticipate this downward movement to continue. The target price is 107.12.

linofx1

Silver has been in a strong uptrend for over a month, breaking through a significant horizontal resistance level. The current retest of this level is expected to hold within a rising parallel channel pattern, with further bullish movement anticipated towards the 32.90 resistance level.

linofx1

GBPNZD appears to be in a bearish trend following a period of consolidation. A break below a support level within a sideways trading range is a strong indication of further downward movement. It is likely that the price will continue to decline, potentially reaching the 2.1943 support level.

linofx1

The EURUSD broke and closed above an important daily support level. Following the breakout, the price retested the previously broken level and began to consolidate, creating a tight trading range. A bullish breakout from this range serves as a strong confirmation of a bullish trend for the day, increasing the likelihood that the breakout is legitimate. It is...

linofx1

Gold continues to reach new All-Time Highs by breaking through important daily and intraday resistance levels. The previously broken structure now acts as a strong support. It is expected that the pair will continue its upward momentum and reach 2840 in the near future.

linofx1

It appears that the EURAUD pair could continue to decrease in value. I have observed a downward breakout of a bearish flag pattern on the hourly chart following a retest of a support level that was recently broken. My targets for this potential decline are 1.6591 and 1.6559.

linofx1

Gold is trading in a long-term bullish trend within a parallel rising channel. The market successfully broke and closed above an important daily horizontal resistance level that was previously set at an all-time high on Friday. After the market opened, there was a retest of this broken structure, which was met with a bullish response. As a result, it is...

linofx1

The GBPJPY is showing a bearish trend on the 4-hour chart after testing a significant daily resistance level. The price broke below the neckline of a descending triangle pattern and closed below it, indicating a potential further decline. The next target level to watch for is at 190.62.

linofx1

Many questions regarding Ethereum have been circulating, and I have provided a detailed technical analysis. About a month ago, the market hit a significant daily resistance level and experienced a negative rebound. Currently, the price is testing a strong support level horizontally. By closely examining the chart and observing the price action, a falling...

linofx1

Silver has been consolidating significantly since mid-January, remaining within a large horizontal range on a 4-hour chart. Despite this, the market sentiment is bullish for Silver, with signs pointing towards a strong bullish trend. Breaking out of the resistance line within the range suggests a bullish accumulation is complete, paving the way for potential...

linofx1

Gold appears to be creating an ascending triangle pattern on the 4-hour chart, indicating bullish accumulation. To confirm a continuation of the bullish trend, keep an eye on the pattern's neckline. A break and close above 2772 would confirm the dominance of bulls, with a potential target of 2788.

linofx1

The Dollar Index has shown a strong bullish pattern on the 4-hour chart. There is a small trading range indicating an exhausted market, with the resistance being broken. The contracting demand zone is made up of a trend line and a broken horizontal structure. It is likely that the bulls will continue to drive prices upwards.

linofx1

Update for 📉EURUSD. As I had anticipated, the market was able to break below the highlighted blue support, causing the price to decrease significantly. Upon examining the 4-hour time frame, I noticed another indication of a bearish trend - the breaking of a support line in a rising parallel channel and a support level within a small range. I anticipate that...

linofx1

The EURUSD is currently trading in a rising parallel channel on a 4-hour chart and is testing its support. To enter a buy position with confirmation, look for an ascending triangle pattern on the 1-hour timeframe. A bullish breakout above the resistance and a close of a 1-hour candle above it will provide a strong bullish signal. There is a high likelihood...

linofx1

📈EURCAD has broken through a key daily/intraday resistance level and the previously marked blue area is now acting as a support. There is a strong possibility that the upward trend will continue in the near future. The next targets to watch for are 1.5092 and 1.5140.