Over the past few hours, the USD/CAD currency pair experienced a significant downward movement in line with the prevailing trend, following the release of yesterday's news. Today, the price is attempting to rebound after hitting a low of approximately 1.34. Our analysis suggests that there may be a pullback towards the 61.8% Fibonacci level before resuming the...
Yesterday, the EUR/USD pair followed our analysis and hit our take profit levels. Today, the price continues to rise, potentially reaching a value of 1.1000. We are anticipating a bullish continuation in line with the main trend.
Yesterday, gold experienced a significant bullish surge as we previously anticipated, hitting our take profit levels. Today, the price is consolidating and forming a Bullish Flag pattern, which suggests a high probability of a continuation of the upward trend. However, if the price reverses in this area, we will consider a short setup. Overall, our bias is still...
The GBP/USD pair started the current trading session with a new bullish impulse, following a significant upward movement in line with the main trend. There is a chance that this momentum could continue, potentially pushing the price towards the 1.2540 area. However, if the price falls to the 1.2420 area, it could signal a bearish setup.
As we forecasted in our earlier ideas, EUR/USD experienced a pullback in order to continue the long setup in the direction of the main trend. Today, it appears that the price is poised for further growth. However, if there is a reversal towards the bearish side, we will be prepared to adjust our position with a bearish setup.
In the past few hours, there has been a new bullish movement in GOLD, and it has reached the level of 1968.380. This level could be a good entry point for a long setup. However, it's important to note that this level may also represent a retest of a previous bearish price pattern. In the event that this happens, we should be prepared for a continuation of the short setup.
Over the last few hours, the USD/JPY pair has been showing a bullish uptrend and has formed a bullish continuation uptrend price pattern. As per this pattern, the price may retest the support level of 133.000 today before experiencing a new long pullback in the direction of the main trend. However, it is likely that the price will eventually change direction and...
As anticipated yesterday, the EUR/USD experienced a robust bullish impulse that met our target price. Subsequently, the value formed a double top pattern, and today it appears to be retesting the neckline before a potential downward movement. If the price drops, we plan to purchase at a discounted price near the 61.8% Fibonacci level and wait for a long-term...
Yesterday, gold created a double top on a short timeframe, and today it is attempting to regain some value. However, this could simply be a retest of the previous pattern before another downward movement. Our suggestion is to purchase the precious metal at a discounted price near the 61.8% Fibonacci level before experiencing a new long-term impulse in the...
Today, the AUD/USD experienced a rebound at the price level of 0.6680, following a significant bearish movement yesterday that caused the price to drop rapidly to the aforementioned level. Currently, the value is attempting to recover, but it is likely that there will be another push-down to retest the dynamic trendline before continuing its upward trajectory.
The EUR/USD pair is currently experiencing a bullish trend, with the potential to reach a value of 1.09 in the near future. The price has bounced back several times on the dynamic trendline, which is acting as a dynamic support. It appears that the pair is poised for a new bullish momentum in the strong uptrend that began in 2023.
Yesterday, GBP/USD exhibited a reversal to retest the 1.2300 level, where the 38.2% Fibonacci level and dynamic trendline coincide to act as support. This could lead to a new bullish impulse today, with a target point of 1.2400.
The gold pair experienced a rebound at the 61.8% Fibonacci level, which coincided with the dynamic trendline that acted as a support. Our idea is to go long and anticipate a new bullish movement in the direction of the main trend.
Gold has been experiencing some volatility in recent weeks, with several pullbacks on its dynamic support. However, despite these fluctuations, the precious metal is showing signs of a new bullish setup, with a new pullback on the dynamic support in confluence with the 61.8% Fibonacci retracement level. The 61.8% Fibonacci retracement level is a key level of...
The GBP/USD currency pair has been experiencing some volatility in recent weeks, with several pullbacks on its dynamic trend line. However, despite these fluctuations, the pair has remained resilient and is now showing signs of a new bullish impulse in the direction of its main trend. After the latest pullback on the dynamic trend line, the GBP/USD has reached...
The EUR/USD currency pair has seen a few pullbacks on its dynamic trend line recently, but has held up well and continued to serve as a reliable support level. This is an encouraging sign for traders who are anticipating a new long setup in the direction of the pair's main trend. As we look ahead to the coming weeks, we are optimistic about the prospects for a...
The EUR/USD currency pair is currently experiencing a persistent long-term trend, which has been moving in favor of an increase in the value of the Euro. However, there may be a potential pullback in the near future as the price approaches the 50% Fibonacci level area from the previous swing. This could indicate a temporary slowdown or retracement in the current...
The USD/JPY currency pair is currently experiencing a persistent bearish trend, which is evident from the price movements. Although the price has been rejected multiple times from the bearish trendline, a recent pullback occurred yesterday at a previous support area, in confluence with the Fibonacci level of 50%. This has opened up the possibility of a correction...