The price looks stabilizing at the bearish zone while below 20330 However, Closing 4h candle above 20330 will be a bullish trend to get 20540 As long as the price trades below 20,330, it is likely to reach 20,180, with sustained movement below this level potentially extending to 19,990. Key Levels: Pivot Point: 20330 Resistance Levels: 20480, 20540, 20710 Support...
After a strong correction and finding a bottom at 180 in early August, GBPJPY began to recover, initially rising to the 193 zone. Another leg down followed, but this time, bulls regained control at the 183.90 level, forming a higher low supported by a double bottom pattern. The next upward move stalled at the 195 resistance, and the pair has since entered a...
USD/JPY Structure Analysis - Bullish Outlook Today, I'll share the USD/JPY structure analysis. On October 4th, the price broke through the first and strongest resistance area near 147.20. After an increase of nearly 200 pips, it encountered another strong resistance zone near 149.25, which held the price for about three weeks. Currently, USD/JPY has broken...
GBP/USD Technical Analysis (1-Hour Timeframe) - Current Price: 1.3040 Trend Overview: GBP/USD is in a short-term uptrend on the 1-hour chart, with the price trading above key moving averages, reflecting bullish momentum. Key Levels: Immediate support: 1.3000 (psychological level) and 1.2965 (recent swing low). Immediate resistance: 1.3075 (recent high) and...
This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0865 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0846
Bullish trend on USOIL, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 75.92.
1. **Current Price Range**: If the price of XAU/USD stays around 2730, then: - **Downside Targets**: The next target levels would be 2710 and 2700. - **Upside Target**: If the price moves above the current level, then next target is 2750.
I decided to share a possible entry point which is 68000 to 70000, maybe sell to 65k for a pullback, we will sell, my idea is a suggestion, but the market trend is up, which means buying is valid n in the zone, let me not waste time, I will only give you the first tp which is 70000 sl, leaving the responsibility to you.
A few days ago, the price almost fell to support level 2, but soon turned around and started to rise. In a short period of time, BTC rose to support level 1, which coincides with the current support area, and traded nearby for a while, and then fell to support level 2. When the price fell, it broke through the 62000 support level and traded below for a while,...