Charts_M7M

Charts_M7M

CAD/JPY is exhibiting bearish momentum after breaking below the ascending channel. This breakdown signals a potential shift in market sentiment, with sellers gaining control. The price is currently trading below the channel's lower trendline, confirming bearish pressure. The next significant target lies around the 106.00 support level, which aligns with a...

Charts_M7M

USD/CAD has broken above a key resistance level, confirming strong bullish momentum. This breakout suggests a high probability of further upside movement, with the next target around 1.4615. While the bullish trend remains intact, there is a possibility of a short-term correction, with a retest of the broken resistance to confirm it as new support. Such a move...

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Gold has reached a significant resistance zone near $2,702, as shown in the chart. This level has previously acted as a strong barrier, and we can expect a potential short-term pullback from here. If the price follows this bearish move, it may target the support zone around $2,659–$2,640 before finding renewed bullish momentum. Once the pullback is completed,...

Charts_M7M

📊 Overview: Cardano is setting the stage for a massive rally with a textbook bullish flag pattern on the daily chart. After a stunning 280% surge forming the flagpole, ADA is now consolidating in a controlled channel, signaling a likely continuation to much higher levels. This is a golden opportunity for bullish traders. 📈 Why Cardano is Poised to Explode:...

Charts_M7M

Current Price Action: Dogecoin is trading at a critical support zone around $0.39, which previously acted as resistance. After breaking out of a rising wedge, the price retested the support, forming a potential base for another rally. 📈 Why a 40% Increase is Possible: 1️⃣ Strong Support Levels: The $0.38–$0.39 zone shows buying interest, creating a...

Charts_M7M

Procter & Gamble (P&G) is a global leader in consumer goods, offering a wide range of household, personal care, and health products. Their iconic brands, including Tide, Gillette, Pampers, and Olay, have made them a household name worldwide. 1️⃣ Past Performance: In their last two earnings reports, the stock jumped by ~12% after strong results. 2️⃣ Current...

Charts_M7M

Netflix recently experienced a pullback, dropping to a significant demand zone around $820-$850, which has historically acted as strong support. This drop has attracted traders eager to capitalize on the current discounted price, anticipating a potential bullish rebound. Looking at the chart: 1️⃣ Previous Earnings Reaction: The last earnings report sparked a 12%...

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The bearish trend on AUD/USD continues to dominate, as the pair has successfully broken a key support level around 0.6320. This breakdown confirms the strength of the bearish momentum, with USD gaining further strength across the board due to positive macroeconomic factors. Key Points: Trend: Bearish. Broken Support: The price has breached the critical 0.6320...

Charts_M7M

GBP/CHF hit TP2 on our previous analysis before reversing sharply. The pair is now trading near a strong support zone, aligning with the lower boundary of the ascending channel. Key Highlights: Support Zone: Strong rejection near 1.1188, signaling potential bullish momentum. Trend: The ascending channel remains intact. RSI: Approaching oversold, hinting at a...

Charts_M7M

Here's a bullish channel setup on USDJPY! The pair is respecting the ascending trendline, and we’re seeing signs of potential upside movement. 🚀 🎯 Targets: Take Profit 1: 158.451 Take Profit 2: 158.825 Take Profit 3: 159.154 📉 Stop Loss: 157.582 (below the channel support). The pair is currently trading near the channel’s lower boundary, offering a great...

Charts_M7M Updated 

Tesla's Unhealthy Rise Could Correct 🚨 Tesla has experienced a significant and rapid price rally recently, creating a potential imbalance in the market. However, this chart highlights a few key areas that traders should watch for potential corrections: 1️⃣ Gap Formation: A noticeable gap formed during the rally (highlighted on the chart). Gaps often act as...

Charts_M7M

The pair is respecting an ascending channel, indicating a bullish trend. Currently, the price is near the lower boundary, which aligns with a potential support zone. If the bullish momentum continues, key targets to watch are 1.13335, 1.13759, and 1.14237, aligning with the midline and upper boundary of the channel. With RSI near oversold levels, the setup...

Charts_M7M

The pair is bouncing off strong channel support at 88.15, setting up a potential bullish move toward 93.07 (upper channel resistance). 🔥 Why This Setup Stands Out: Strong support zone at 88.15. Excellent risk/reward ratio for buyers. 🎯 Key Levels to Watch: Entry: Above 88.15 Target 1: 91.68 Target 2: 93.07 Stop-Loss: Below 86.43 Stay sharp and wait for...

Charts_M7M

The GBP/USD pair remains firmly in a bearish channel, indicating a continuation of the downward trend. While a short-term retracement is possible, the overall sentiment remains bearish. Key Points: The price is trading near the lower boundary of the channel, suggesting potential temporary relief before resuming the downtrend. Resistance is noted at 1.2596,...

Charts_M7M

The AUD/NZD pair is trading within a clear ascending channel, signaling bullish momentum. The price is approaching the upper boundary of the channel, where further upside movement could be anticipated. Key points to consider: The pair has maintained a consistent upward trend, respecting the channel boundaries. Current resistance is near 1.1125, with the next...

Charts_M7M

Gold is currently testing a strong resistance zone around $2,658 - $2,676. This level has historically acted as a significant barrier, with prior attempts to break through resulting in sharp reversals. Key points to note: The resistance zone is clearly defined, and price action shows hesitation near this level. A potential rejection from this zone could lead to...

Charts_M7M Updated 

Hey traders, GBP/CAD is testing a weak support zone around 1.8000. A bearish breakout could open the door to exciting opportunities! 🚀 🎯 Trade Setup: 🟢 TP1: 1.7916 🟢 TP2: 1.7835 🟢 TP3: 1.7705 🛑 Stop Loss: Above 1.8079 Keep an eye on this level—2025 might just start with a bang! 💥

Charts_M7M Updated 

As the year draws to a close, GBP/JPY presents an exciting opportunity! Here's the setup: 🎯 Targets: TP1: 200.07 TP2: 202.17 TP3: 204.84 🔹 Stop Loss: 196.02 📈 Key Factors Driving This Trade: Strong GBP Fundamentals: Positive UK economic reports are boosting the Pound. JPY Weakness Continues: Dovish signals from the Bank of Japan keep the Yen under pressure.