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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...

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CHFJPY has broken and closed below a strong horizontal support level on an intraday basis. The highlighted blue area also serves as the neckline of a cup and handle pattern. This violation could lead to further downward movement in prices. The next targets to watch for are 171.19, which is the current lower low, and then 170.39. To enter trades, it is...

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Another good trade to consider buying from a key support is 📈GBPCAD pair. After testing a major daily structure, the price formed a double bottom pattern on hourly time frame. The bullish breakout above the neckline of this pattern is a strong confirmation signal of a bullish reversal. It is likely that the pair will continue to rise and reach the 1.7583 level soon.

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I spotted a clear bullish breakout above an important daily resistance level on the 📈USDCHF pair. It is likely that the market will continue to rise, with the next resistance level being at 0.9217.

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Ripple shows strong signs of a bullish trend following a long period of correction within a symmetrical triangle pattern. Breaking through the resistance line suggests a likely continuation of the upward trend. The price is expected to soon reach the 2.800 level and potentially surpass the all-time high to reach 3.000, a psychological level.

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Bitcoin appears to be gearing up for a positive upward trend. Analyzing the 4-hour time frame, I spotted a falling wedge pattern and a confirmed breakout above its upper boundary. The final challenge for buyers lies at the 93,978 - 94,862 resistance level on the 4-hour chart. If the bulls can surpass and close above this level, it will indicate a strong...

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EURAUD is currently in a long-term uptrend on the daily chart. At the beginning of the year, the price created a large ascending triangle pattern, which is a common bullish formation. A significant bullish signal would be a breakout above the resistance line, which acts as the neckline of the pattern. Confirmation of buyer strength and a continuation of the...

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EURGBP successfully adhered to a previously broken significant horizontal resistance level. Following its bullish breakout, a highlighted blue region turned into a support zone. Testing the broken structure, the market established an inverted head and shoulders pattern on a 30-minute timeframe, signaling a short-term bullish indication. It is anticipated that...

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The GBPJPY pair has broken and closed below an important daily support level after a period of consolidation. Upon retesting this broken support, there has been a noticeable bearish response, leading me to believe that the market will continue to decline. Potential targets for this downward movement are 193.03 and 192.06.

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The USDJPY is currently trading in a strong bullish trend. Following a new high, the market has entered a period of consolidation within a tight horizontal range on a 4-hour chart. Breaking through it resistance indicates a likely continuation of the upward momentum. I anticipate a rise towards the 150.00 - 160.00 levels.